NOT LISTED FOR SALE

1030 Shannon Falls Dr Newark, DE 19702

Estimated Value: $481,000 - $626,000

3 Beds
2 Baths
1,878 Sq Ft
$285/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $499,900 $266 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,291/month

4 Days on Market

Highlights

  • New Construction
  • Farmhouse Style Home
  • Community Pool
  • Active Adult
  • 1 Fireplace
  • 2 Car Direct Access Garage

About This Home

As of January 2024

Welcome to 1030 Shannon Falls Drive! This gorgeous Farmhouse is located on a spacious cul de sac, backing to a stunning tree line. This Sonoma floorplan offers 3 spacious bedrooms and 2 full bathrooms, all without the worry of stairs. The kitchen offers beautiful quartz countertops, subway tile backsplash, and soft close cabinetry. Also included on the 1st floor is a gas fireplace for those cold winter nights. Located above the garage is a large storage space perfect for home décor and special pieces you don’t want to part with. Enjoy your morning coffee or mid day happy hour on your covered patio as you take in your private nature view. This home is ready to be moved into in December, so you could be in your new home for the holiday season! 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: 11/15/2023

Last Buyer's Agent

Tom Horne

(302) 373-8156 tomcne@aol.com RE/MAX 1st Choice - Middletown License #RA-0002998

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $256

Lot Details

  • 0.25 Acre 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

  • New Construction
  • Farmhouse Style Home
  • Slab Foundation
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • 1,878 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 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

  • Tax Lot 068
  • Assessor Parcel Number 11-020.40-068

Community Details

Overview

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

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$256

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
  • Federal Flood Zone: No
  • 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: 1
  • Basement: No
  • Total Sq Ft: 1878
  • Living Area Sq Ft: 1878
  • Price Per Sq Ft: 280.55
  • Above Grade Finished Sq Ft: 1878
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Shake Siding, Vinyl Siding
  • Construction Completed: No
  • 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: 0.25
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 205.00
  • Tax Annual Amount: 256.00
  • Assessor Parcel Number: 11-020.40-068
  • Tax Lot: 068
  • 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 15, 2023
Closed on
Jan 29, 2024
Sold by
Lennar
Bought by
Rice Paul L and Rice Dianne Rachel
Seller's Agent
David Vasso
Atlantic Five Realty
Buyer's Agent
Tom Horne
RE/MAX 1st Choice - Middletown
List Price
$526,869
Sold Price
$499,900
Premium/Discount to List
-$26,969
-5.12%
Views
20
Current Estimated Value
$535,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,958
Avg. Annual Appreciation
3.83%

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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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
Rice Paul L -- None Listed On Document
Us Home Corporation -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2024 01/29/24 Sold $499,900 -5.1% $266 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $526,869 -- $281 / 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 $3,442 $77,500 $12,300 $65,200
2023 $257 $6,200 $6,200 $0
2022 $256 $6,200 $6,200 $0
2021 $251 $6,200 $6,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2052720

Bright MLS

APN: 11-020.40-068