NOT LISTED FOR SALE

1027 Shannon Falls Dr Newark, DE 19702

Estimated Value: $488,000 - $551,000

3 Beds
3 Baths
2,151 Sq Ft
$239/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $509,990 $237 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,251/month

32 Days on Market

Highlights

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

About This Home

As of January 2024

New Year, New Home! Welcome to 1027 Shannon Falls Drive! This Tuscany Luxe home is located on a spacious cul-de-sac and backs to a gorgeous tree line. This home offers 2 spacious beds and baths along with a home office all on the main level. The kitchen offers stunning quartz countertops, subway tile backsplash, and soft close cabinetry. Also included on the 1st floor is a gas fireplace for those cold winter nights. On your second floor you will find a spacious loft and third bedroom and third full bath- perfect for your guests. Enjoy your morning coffee on your covered patio as you enjoy your private nature view. This home is move-in ready. Come take a private tour today!

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: 11/29/2023

Last Buyer's Agent

stephanie kelly

(302) 373-1230 bkelly@psre.com Patterson-Schwartz - Greenville License #0024790

Patterson-Schwartz - Greenville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $252

Year Built

  • Built in 2023 | 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

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

  • Tax Lot 065
  • Assessor Parcel Number 11-020.40-065

Community Details

Overview

  • Active Adult
  • Active Adult | Residents must be 55 or older
  • The Cascades Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$252

Year Built

Built in 2023 | 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: 2023
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached
  • Stories: 0

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: 237.09
  • Above Grade Finished Sq Ft: 2151
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • 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

  • School Tax: 202.00
  • Tax Annual Amount: 252.00
  • Assessor Parcel Number: 11-020.40-065
  • Tax Lot: 065
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Jan 18, 2024
Sold by
Lennar
Bought by
Friedman Mark L and Soderholm-Friedman Heidi
Seller's Agent
David Vasso
Atlantic Five Realty
Buyer's Agent
stephanie kelly
Patterson-Schwartz - Greenville
List Price
$532,451
Sold Price
$509,990
Premium/Discount to List
-$22,461
-4.22%
Views
169
Current Estimated Value
$522,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,751
Avg. Annual Appreciation
0.42%
Original Mortgage
$483,990
Outstanding Balance
$474,978
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$38,997

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
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Friedman Mark L -- Spn Title
Us Home Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Mark L $483,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2024 01/29/24 Sold $509,990 0.0% $237 / Sq Ft
12/31/2023 12/31/23 Pending -- -- --
12/15/2023 12/15/23 Price Changed $509,990 -4.2% $237 / Sq Ft
11/29/2023 11/29/23 For Sale $532,451 -- $248 / 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 $3,793 $85,400 $12,200 $73,200
2023 $253 $6,100 $6,100 $0
2022 $252 $6,100 $6,100 $0
2021 $247 $6,100 $6,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2053258

Bright MLS

APN: 11-020.40-065