tomo logo

$354,000

Beds
4
Baths
2.5
sq ft
2,860

10861 State St, Delmar, DE 19940

10861 State St

DELMAR, DE 19940

  • 152 days on market
    • Price drop $10,000↓
This beautifully renovated farmhouse, originally built in 1904, sits on a spacious corner lot along State St., making it a historic gem in the heart of Delmar. The seller has masterfully preserved the home's classic farmhouse charm while incorporating modern upgrades throughout. The chef’s kitchen is a dream, featuring granite countertops, a central island, and a large pantry—perfect for entertaining. The first floor offers generously sized rooms, including a dedicated laundry area and a cozy den with its own entrance through the back porch. A full bathroom on this level adds the flexibility to convert a room into a primary suite for convenient one-floor living. Upstairs, you'll find four large bedrooms and a full bath, with a charming curved hallway that adds to the home’s character. The walk-up attic has been insulated and holds potential for transformation into a playroom or bonus space. Outside, the large yard—partially fenced—includes a spacious gazebo, ideal for relaxing and enjoying serene Eastern Shore evenings. The property also boasts a sizable garage with a workshop area, perfect for DIY projects or hobbies. With public utilities and a prime location close to everything, this home is a rare find in popular downtown Delmar. Don’t miss out on this timeless beauty!

Details

Property type

Single Family Residence

Est. home value

$132,550

Lot size

0.76 acres

Price per sq ft

$124

Year built

1904

Annual property taxes

$689

HOA

No

Price History

10/04/2024
Bright

Bright #DESU2064930

Price change
$354,000
-2.75%
09/17/2024
Bright

Bright #DESU2064930

Price change
$364,000
-1.36%
08/02/2024
Bright

Bright #DESU2064930

Price change
$369,000
-2.64%

Schools & Community

Elementary school: 

DELMAR

Middle school: 

DELMAR

High school: 

DELMAR

Community features: 

Street Lights

School district: 

DELMAR

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Citibank Na

Loan start date

December 2023

Original loan amount

$105,000

Est. remaining balance

Not provided

Interest rate

7.5%

Loan type

Credit Line (Revolving), 26 year

Seller

Mayra Borromeo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/26/2024 at 3:15 PM

Listing updated: 11/16/2024 at 12:39 PM

Listed by: Tim Arnett, ERA Martin Associates Phone #: (410) 749-1818

MLS: Bright #DESU2064930

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