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2550 Barratts Chapel Road

2550 Barratts Chapel Road, Frederica, DE 19946
Property in Kent
Sold Jul 12, 2021
$245,000
$247,474 by Cardinal Financial Company Lp
Mortgage Due Aug 01, 2051
Sold May 17, 2006
Transfer
$156,000 by Ameriquest Mortgage Co
Mortgage Due Jun 01, 2036
Local assessors in Frederica, DE have categorized 2550 Barratts Chapel Road as a residential type of property. The home was built in 1991 and is 33 years old. The property's lot size has been calculated to be 43,560 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2550 Barratts Chapel Road has a total of 1,152 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 2550 Barratts Chapel Road sold most recently in Jul 9, 2021 for a total of $245,000. If you work out the math, that's approximately a cost of $212.67 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $797 in taxes each year. 2550 Barratts Chapel Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,600. If we break it down further, the land itself was valued at $8,400. Improvements to the property, however, were assessed at a total of $24,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1991
  • Effective Year Built: 1991
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 10
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S SIDE CO RD 371 1.0 A 2550 BARRATTS CHAPEL RD

Ownership

  • Current Owner : ZIMMERMAN JONATHAN EZRA
  • Current Owner 2: MILLER HALEY LYNN
  • Previous Owner : HAUER JOHN C
  • Previous Owner 2: HAUER LYNN B
  • Owner Before Previous Owner: HAUER JOHN C
  • Owner Before Previous Owner 2: HAUER LYNN B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Forest School District
  • School Tax School District: 22
  • School Tax District Code 2: 49
  • School Tax District Code 3: 55
  • Census Tract: 042208

Zoning

  • Zoning: AC

Geography

  • Account Number: 43264
  • District: 00
  • Parcel: 8-00-121.00-01-56.02-000
  • Municipality: UNINCORPORATED
  • Latitude: 39.0379
  • Longitude: -75.5064

    Address

  • Full Address: 2550 Barratts Chapel Rd
  • Address - House Number: 2550
  • Address - Street Name: Barratts Chapel
  • Address - Suffix Type: Rd
  • State: DE
  • City Name: Frederica
  • Carrier Code: R011
  • 4-Digit Zip Code: 1801
  • Zip Code: 19946

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $797

    Appraisal Valuation

  • Standard Deviation: 0.2387
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 66
  • Final Value: 282,472
  • High Value: 349,909
  • Low Value: 215,035

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,474
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Jul 12, 2021
  • First Open Lien Mortgage Loan Amount: $247,474
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,600
  • Assessed Land Value: $8,400
  • Assessed Improvements Value: $24,200

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Jul 12, 2021
  • Current Sale Transaction ID: 11843628164
  • Current Sale Price: $245,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021-423708
  • Previous Sale Recording Date: May 17, 2006
  • Previous Sale Contract Date: May 03, 2006
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Jul 12, 2021
  • First Mortgage Loan Amount: $247,474
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERIQUEST MORTGAGE CO
  • Previous Mortgage Transaction Date: May 17, 2006
  • Previous Mortgage Loan Amount: $156,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2036

About Riverview



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Frequently Asked Questions

What neighborhood is 2550 Barratts Chapel Road located in?
The 2550 Barratts Chapel Road is a located in the neighborhood of Kent in Riverview, Frederica.
What is the average sales price for listings in 2550 Barratts Chapel Road?
The average sales price for units in 2550 Barratts Chapel Road is $0 currently.

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