Check Availability

18600 Sherman Avenue

18600 Sherman Avenue, Lincoln, DE 19960
Property in Sussex
Sold Apr 25, 2019
$86,000
$274,928 by Embrace Home Loans Inc
Mortgage Due May 01, 2049
Sold Apr 25, 2019
$280,000
$274,928 by Embrace Home Loans Inc
Mortgage Due May 01, 2049
18600 Sherman Avenue has been categorized by the local assessors in Lincoln, DE as a residential type of property. The building on the property was first built in 2014 and is 10 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 18600 Sherman Avenue has 2,137 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,260 ft and across the front of the lot is 1,500 ft. The area measurement of the land has been determined as 33,898 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 18600 Sherman Avenue sold most recently in Apr 16, 2019 for a total of $86,000. If you work out the math, that's approximately a cost of $40.24 per sqft. Before that, the property was also sold for $280,000 in Apr 16, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,248 in taxes each year. 18600 Sherman Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,450. If we break it down further, the land itself was valued at $1,250. Improvements to the property, however, were assessed at a total of $21,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Quality: B+
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 33,898
  • Lot Size Depth Feet: 2,260
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,137
  • Building Area: 2,137
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,137
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLN
  • Land Acres: 0.778
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S/RD 213B LOT 4

Ownership

  • Current Owner : MONTGOMERY NAQUAN
  • Current Owner 2: MONTGOMERY KIARAE
  • Previous Owner : HURD CYNTHIA L
  • Owner Before Previous Owner: HURD CYNTHIA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Milford School District
  • School Tax School District: MILFORD SD
  • Census Tract: 050104

Zoning

  • Zoning: AR-1

Geography

  • District: MILFORD
  • Parcel: 330-14.16-9.01
  • Lot: 4
  • Municipality: CEDAR CREEK HUNDRED
  • Latitude: 38.8727
  • Longitude: -75.4252

    Address

  • Full Address: 18600 Sherman Ave
  • Address - House Number: 18600
  • Address - Street Name: Sherman
  • Address - Suffix Type: Ave
  • State: DE
  • City Name: Lincoln
  • Carrier Code: R002
  • 4-Digit Zip Code: 3132
  • Zip Code: 19960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,248

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 70
  • Final Value: 402,700
  • High Value: 489,183
  • Low Value: 316,216

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,928
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 25, 2019
  • First Open Lien Mortgage Loan Amount: $274,928
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2049

    Market Valuation

  • Market Total Value: $44,900
  • Market Land Value: $2,500
  • Market Improvement Value: $42,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,450
  • Assessed Land Value: $1,250
  • Assessed Improvements Value: $21,200

    Sales

  • Current Sale Contract Date: Apr 16, 2019
  • Current Sale Recording Date: Apr 25, 2019
  • Current Sale Transaction ID: 11603398079
  • Current Sale Price: $86,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20190000014010
  • Previous Sale Recording Date: Apr 25, 2019
  • Previous Sale Contract Date: Apr 16, 2019
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Apr 25, 2019
  • First Mortgage Loan Amount: $274,928
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: EMBRACE HOME LOANS INC
  • Previous Mortgage Transaction Date: Apr 25, 2019
  • Previous Mortgage Loan Amount: $274,928
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2049

About Sussex



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 636 Hammond Drive, MILFORD, DE, 19963

$2,150 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,232 ft²
636 Hammond Drive, MILFORD, DE, 19963 Listing by MYLES MARTIN

Frequently Asked Questions

What neighborhood is 18600 Sherman Avenue located in?
The 18600 Sherman Avenue is a located in the neighborhood of Sussex in Sussex, Lincoln.
What is the average sales price for listings in 18600 Sherman Avenue?
The average sales price for units in 18600 Sherman Avenue is $0 currently.

Quantcast