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47 Waterwheel Circle

47 Waterwheel Circle, Dover, DE 19901
Sold Sep 13, 2021
$449,900
$416,663 by Mortgage Research Center Llc
Mortgage Due Sep 01, 2051
Sold Oct 01, 1998
$50,000
47 Waterwheel Circle in Dover, DE was first built in 2000 and is 24 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 47 Waterwheel Circle has 3,361 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,350 ft and the linear feet between the front and back of the lot is 1,699. In total, the area measurement of the land is 21,780 square feet.

Learn more about the property and building on this page. There is a porch. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 787 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 47 Waterwheel Circle sold most recently in Aug 3, 2021 for a total of $449,900. If you work out the math, that's approximately a cost of $133.86 per sqft. Before that, the property was also sold for $50,000 in Jan 1, 1970. 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 $2,830 in taxes each year. 47 Waterwheel Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $92,500. If we break it down further, the land itself was valued at $16,100. Improvements to the property, however, were assessed at a total of $76,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2000
  • Effective Year Built: 2000
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 1,382
  • Garage Square Area: 787
  • Parking Space Count: 3
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Depth Feet: 1,699
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 3,361
  • Building Area: 3,361
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 3,361
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD MILL ACRES - SECTION 2
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLD MILL ACRES, SEC. 2, LOT #87 47 WATERWHEEL CIRCLE

Ownership

  • Current Owner : CLARKE DUANE S
  • Previous Owner : MCCARTHY KEVIN J
  • Previous Owner 2: MCCARTHY CANDACE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Caesar Rodney School District
  • School Tax School District: 20
  • School Tax District Code 2: 41
  • School Tax District Code 3: 05
  • Census Tract: 041702

Zoning

  • Zoning: RS1

Geography

  • Assessors Map Reference: MB 23 PG 93
  • Account Number: 34429
  • District: 00
  • Section: 2
  • Parcel: 7-00-095.09-05-01.00-000
  • Lot: 87
  • Municipality: UNINCORPORATED
  • Latitude: 39.1088
  • Longitude: -75.5199

    Address

  • Full Address: 47 Waterwheel Cir
  • Address - House Number: 47
  • Address - Street Name: Waterwheel
  • Address - Suffix Type: Cir
  • State: DE
  • City Name: Dover
  • Carrier Code: C032
  • 4-Digit Zip Code: 6261
  • Zip Code: 19901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,830

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 74
  • Final Value: 522,628
  • High Value: 622,495
  • Low Value: 422,761

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,663
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Sep 13, 2021
  • First Open Lien Mortgage Loan Amount: $416,663
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,500
  • Assessed Land Value: $16,100
  • Assessed Improvements Value: $76,400

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Sep 13, 2021
  • Current Sale Transaction ID: 11855341006
  • Current Sale Price: $449,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021-429532
  • Previous Sale Recording Date: Oct 01, 1998
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Sep 13, 2021
  • First Mortgage Loan Amount: $416,663
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2051

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Frequently Asked Questions

What neighborhood is 47 Waterwheel Circle located in?
The 47 Waterwheel Circle is a located in the neighborhood of Highland Acres South in Highland Acres South, Dover.
What is the average sales price for listings in 47 Waterwheel Circle?
The average sales price for units in 47 Waterwheel Circle is $0 currently.

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