NOT LISTED FOR SALE

1026 Shannon Falls Dr Newark, DE 19702

Estimated Value: $456,000 - $599,000

2 Beds
2 Baths
2,151 Sq Ft
$246/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $479,990 $223 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,285/month

86 Days on Market

Highlights

  • New Construction
  • Farmhouse Style Home
  • 1 Fireplace
  • Active Adult
  • Loft
  • Community Pool

About This Home

As of April 2024

**Move-In Ready** Welcome to 1026 Shannon Falls Drive! This beautiful two-story home is located conveniently in a spacious cul de sac with a wooded backing and covered patio! This Tuscany Luxe floorplan offers 2 spacious beds and 2 full baths along with a home office all on the first level. The kitchen offers a gourmet style cooking with its vented hood, quartz countertops, wall oven, and microwave. Also included on the 1st floor is a gas fireplace for those cold winter nights. Moving up to the 2nd floor you will find an open loft perfect for a craft room, man cave, or grandkids. Also included on the 2nd level is a sizeable storage space. This home is move in ready this January. Come take a tour today! Prices, dimensions and features may vary and are subject to change. Photos are for illustrative purposes only.

Enjoy life at The Cascades which boasts low-maintenance living with easy access to major roads, shopping at Christiana Mall, walking distance to recreation at Glasgow Park, and an easy drive to Chesapeake City for spectacular views, dining, and nightlife.

Prices, dimensions and features may vary and are subject to change. Photos are for illustrative purposes only.

Last Agent to Sell the Property

David Vasso

(856) 424-3339 david@atlanticfive.com Atlantic Five Realty Listed on: 01/05/2024

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 10,018 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $193 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,151 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Loft

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Doors with lever handles
  • Level Entry For Accessibility

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Heating Available
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 11-020.40-069

Community Details

Overview

  • Active Adult
  • Active Adult | Residents must be 55 or older
  • The Cascades Subdivision, Tuscany Luxe Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$193 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Accessibility Features: Doors - Lever Handle(s), Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Loft
  • Basement: No
  • Total Sq Ft: 2151
  • Living Area Sq Ft: 2151
  • Price Per Sq Ft: 223.15
  • Above Grade Finished Sq Ft: 2151
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 193.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10018.00
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11-020.40-069
  • Tax Year: 2024

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Apr 25, 2024
Sold by
Lennar and Us Home Llc
Bought by
Prince-Wilson Lelina G and Wilson Henry Watson
Seller's Agent
David Vasso
Atlantic Five Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$479,990
Sold Price
$479,990
Views
236
Current Estimated Value
$529,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,332
Avg. Annual Appreciation
6.26%
Original Mortgage
$279,990
Outstanding Balance
$275,996
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$253,326

Purchase Details

Closed on
Feb 5, 2021
Sold by
Fl 40 Llc
Bought by
Us Home Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Prince-Wilson Lelina G $479,990 Spn Title
Us Home Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prince-Wilson Lelina G $279,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2024 04/29/24 Sold $479,990 0.0% $223 / Sq Ft
03/31/2024 03/31/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $479,990 0.0% $223 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
01/30/2024 01/30/24 Price Changed $479,990 -4.0% $223 / Sq Ft
01/12/2024 01/12/24 Price Changed $499,990 -1.1% $232 / Sq Ft
01/05/2024 01/05/24 For Sale $505,578 -- $235 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,788 $85,300 $12,100 $73,200
2023 $248 $6,000 $6,000 $0
2022 $248 $6,000 $6,000 $0
2021 $243 $6,000 $6,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2054590

Bright MLS

APN: 11-020.40-069