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122 Michael Ln, Bear, DE 19701

$513,000

Last sold 07/20/2012 for $244K

3
bed
3
bath

House not for sale

About 122 Michael Ln

Property type House

Neighborhood

Year built 1993

HOA fee $4/month

Lot size 0.5 Acre

Movoto estimate

Parking 2 garage spaces

Rental estimate

Property description

Welcome to 122 Michael Lane, in Caravel Woods. This 3bd/2.1bth home has a 2 car garage & is situated on a 1/2 acre lot. The main level features three large bedrooms (the main bedroom boasts his & her closets and a full bath), LR, DR, & an "eat-in" kitchen. On the lower level, there is a large family room, an office, & a large powder room. This home is in "move-in" condition, with fresh paint, new carpet, lots of wood flooring, a screened porch, & a fenced yard. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. All offers must include the FNMA Real Estate Purchase Addendum, the FNMA LBP disclosure, & a mortgage pre-approval or proof of funds. This property is approved for HomePath Mortgage Financing & HomePath Renovation Mortgage Financing. Take advantage of today's market conditions - great rates, great location, & a great price! This home is offered as-is & can settle quickly.

Listed by

Listing Agent - Robert C Pritchard

Listing Office - Patterson-Schwartz-Middletown

Source: Bright MLS

MLS#1003967692 • last updated 4 years ago

Movoto checked Bright MLS for data 3 minutes ago

Overview
Cooling/AC	Central A/C
Heating	Natural Gas
Type	Residential
Virtual Tour	N/A
Status	Closed
Lot Size (SqFt)	21780
Lot Size (Acres)	0.5
Tax: Assessed Value	82100
Annual Property Tax	2012
Year Built	1993
Condition	Good
HOA Fee	50, Annually
New Construction (Y/N)	N
Foreclosure (Y/N)	Y

Interior
Total # of Bathrooms	3
# Full Baths	2
# Half Baths	1
Total # of Bedrooms	3
Basement	Full, Outside Entrance, Fully Finished
Other Room(s)	Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Other, Attic
Laundry	Lower Floor
Appliances	Dishwasher
Interior Features	Primary Bath(s), Ceiling Fan(s), Kitchen - Eat-In
Accessibility Features	None

Exterior
Roof	Pitched
Foundation	Brick/Mortar
# Open Parking Spaces	3
# Garage Spaces	2
# Parking Spaces	5
# Attached Garage Spaces	2
Parking Desc	Driveway, Attached Garage
Exterior Features	Street Lights
Existing Structures	Shed
Lot Desc	Level
Fencing	Other

Amenities / Utilities
Utilities	Cable TV
Sewer/ Septic	Public Sewer
Pool	No Pool
HOA Fees Include	Common Area Maintenance

Location
Subdivision	CARAVEL WOODS
Water Source	Public
School District	APPOQUINIMINK
Directions	From 896, West On Howell School Rd. Left Into Caravel Woods On Robert Peoples Blvd. Left On Honora Dr. Left On Michael Ln. Home On Right.
Zoning	NC21

$513K

Range: $451K-$574K

Last 30 days

Rental est.: $4,001/month

• Gross rent multiplier: 5.1 - Great

Lower your payment with the loan terms that fit you.

Aug 2012
Public Records
Aug 6, 2012 Sold
$244,500
Jul 2012
MLS # 1003967692
Jul 20, 2012 Sold
$244,500 (+2.1%)
May 16, 2012 Listed
$239,500 (-27.4%)
Mar 2007
Public Records
Mar 12, 2007 Sold
$329,900
Mar 2007
MLS # 4902680
Mar 9, 2007 Sold
$329,900
Jan 2, 2007 Listed
$329,900

Year Property taxes Tax assessment
2025
$2,672 -4.2%

$395,200 +381.36%
2024
$2,788 +21.4%

$82,100
2023
$2,296 -24.9%

$82,100
2022
$3,056 +1.2%

$82,100
2021
$3,018 +1.1%

$82,100
2020
$2,985 +1.1%

$82,100
2019
$2,952 +2.6%

$82,100
2018
$2,877 +22.8%

$82,100
2016
$2,343 +2.7%

$82,100
2015
$2,281

—

122 Michael Ln
$244K
Caravel Woods
—
19701
$475K +1% y/y
Bear
$475K +1% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
120 Michael Ln, Bear, DE 19701	$507,000	3/2	2,000	0.02
124 Michael Ln, Bear, DE 19701	$542,000	3/2	2,375	0.02
123 Michael Ln, Bear, DE 19701	$516,000	4/2	2,100	0.04
126 Michael Ln, Bear, DE 19701	$499,000	3/2	1,975	0.04
125 Michael Ln, Bear, DE 19701	$568,000	4/2	2,375	0.05
128 Michael Ln, Bear, DE 19701	$502,000	3/2	2,000	0.05
866 Howell School Rd, Bear, DE 19701	$495,000	3/1	1,650	0.06
858 Howell School Rd, Bear, DE 19701	$495,000	4/2	2,100	0.06

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.