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742 Cherry Tree Road

742 Cherry Tree Road, Middletown, DE 19709
Property in New Castle
Sold Jul 30, 2014
$440,542
$352,000 by Morgan Stanley Private Bank Na
Mortgage Due Aug 01, 2044
Sold Feb 07, 2014
$239,500
742 Cherry Tree Road in Middletown, DE was first built in 2014 and is 10 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 ranch/rambler style. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 742 Cherry Tree Road has 2,372 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. In total, the area measurement of the land is 10,019 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The property is connected to a sewer system. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. 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, 742 Cherry Tree Road sold most recently in Jul 23, 2014 for a total of $440,542. If you work out the math, that's approximately a cost of $185.73 per sqft. Before that, the property was also sold for $239,500 in Feb 4, 2014. 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 $3,805 in taxes each year. 742 Cherry Tree Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $116,000. If we break it down further, the land itself was valued at $11,000. Improvements to the property, however, were assessed at a total of $105,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,372
  • Gross Building Area: 2,372
  • Building Area: 2,372
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,372
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SILVER MAPLE FARM
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : BHATIA RAMESH
  • Current Owner 2: BHATIA RAJANI R
  • Previous Owner : K HOVNANIANS FOUR SEASONS AT SILVER MAPL
  • Owner Before Previous Owner: SILVER MAPLE FARMS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Appoquinimink School District
  • School Tax School District: TRS5
  • Census Tract: 016608

Zoning

  • Zoning: S

Geography

  • District: 13
  • Parcel: 13-019.12-014
  • Lot: 18
  • Municipality: ST GEORGES HUNDRED
  • Latitude: 39.4877
  • Longitude: -75.6274

    Address

  • Full Address: 742 Cherry Tree Rd
  • Address - House Number: 742
  • Address - Street Name: Cherry Tree
  • Address - Suffix Type: Rd
  • State: DE
  • City Name: Middletown
  • Carrier Code: R003
  • 4-Digit Zip Code: 8671
  • Zip Code: 19709

Valuation

    Tax

  • Total Area: 3,550
  • Tax Year: 2023
  • Tax Amount: $3,805
  • Tax Rate Code Area: TCZN;TRS5;

    Appraisal Valuation

  • Standard Deviation: 0.2149
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 70
  • Final Value: 592,511
  • High Value: 719,880
  • Low Value: 465,142

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $352,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 30, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $352,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2044

    Market Valuation

  • Market Total Value: $587,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,000
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $105,000

    Sales

  • Current Sale Contract Date: Jul 23, 2014
  • Current Sale Recording Date: Jul 30, 2014
  • Current Sale Transaction ID: 1065462692
  • Current Sale Price: $440,542
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20140730-0032744
  • Previous Sale Recording Date: Feb 07, 2014
  • Previous Sale Contract Date: Feb 04, 2014
  • Previous Sale Amount: $239,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Jul 30, 2014
  • First Mortgage Loan Amount: $352,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About New Castle



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Frequently Asked Questions

What neighborhood is 742 Cherry Tree Road located in?
The 742 Cherry Tree Road is a located in the neighborhood of New Castle in New Castle, Middletown.
What is the average sales price for listings in 742 Cherry Tree Road?
The average sales price for units in 742 Cherry Tree Road is $0 currently.

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