NOT LISTED FOR SALE

Estimated Value: $720,299 - $837,000

4 Beds
4.5 Baths
4,524 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 15, 2016

Last sale price $429,400 $95 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,938/month

141 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Attic
  • Cedar Lane Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of November 2016

Baack on the market-bank approved price of $420,000! Welcome to beautiful Shannon Cove. Sitting on nearly half an acre is the majestic Franklin model by D.R. Horton. No longer offered and one of the largest homes iin the community featuring over 4500 SF of main living area and an additional 1900 SF of finished lower level game room and media room for a mesmerizing total of approximately 6,450 SF!! A true entertainer's delight with premium features and upgrades at every turn. The entire main living area features hardwood flooring including the main staircase. Beautiful bay window in the formal dining room that features a tray ceiling and butler's pantry. Big, beautiful kitchen with island seating open to the 2 story family room. The morning room looks out to the screened porch and out to the glorious in ground pool with spa and 7' rock wall water feature. The interior features almost every builder option including Grand room, library, 2nd staircase and bay window extension. The 2nd level features large master with sitting room and 2 closets and luxurious master bath. Princess suite with it's own full bath and 2 additional bedrooms with Jack and Jill full bath in between. The finshed lower level (all permits on file!) features a full bath, game room, media room and bar. The rear yard features a large patio and built-in sprinkler system. Owner says no HOA fees for this home! Put it on your tour today. See it, love it, buy it! This is a short sale being sold "as-is". Inspections are for informational purposes only. $420,000 is bank approved number.

Last Agent to Sell the Property

Lisa Michels

Patterson-Schwartz - Greenville License #RS-0025497 Listed on: 04/28/2016

Patterson-Schwartz - Greenville

Co-Listed By

Alan Mazzetti

Patterson-Schwartz - Greenville

Last Buyer's Agent

Justin Campbell

RE/MAX Associates - Newark License #5001072

RE/MAX Associates - Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,337

Year Built

  • Built in 2007

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 110 x 187
  • Back, Front, and Side Yard
  • Property is in good condition

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,524 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4.5 Bathrooms

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Cedar Lane Elementary School
  • Louis L. Redding Middle School
  • Middletown High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • $1,250 Other One-Time Fees
  • Built by DR HORTON
  • Shannon Cove Subdivision, Franklin Floorplan

Listing and Financial Details

  • Assessor Parcel Number 13-018.20-073

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,337

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: No Appliances Included
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2007
  • Remarks Public: Baack on the market-bank approved price of $420,000! Welcome to beautiful Shannon Cove. Sitting on nearly half an acre is the majestic Franklin model by D.R. Horton. No longer offered and one of the largest homes iin the community featuring over 4500 SF of main living area and an additional 1900 SF of finished lower level game room and media room for a mesmerizing total of approximately 6,450 SF!! A true entertainer's delight with premium features and upgrades at every turn. The entire main living area features hardwood flooring including the main staircase. Beautiful bay window in the formal dining room that features a tray ceiling and butler's pantry. Big, beautiful kitchen with island seating open to the 2 story family room. The morning room looks out to the screened porch and out to the glorious in ground pool with spa and 7' rock wall water feature. The interior features almost every builder option including Grand room, library, 2nd staircase and bay window extension. The 2nd level features large master with sitting room and 2 closets and luxurious master bath. Princess suite with it's own full bath and 2 additional bedrooms with Jack and Jill full bath in between. The finshed lower level (all permits on file!) features a full bath, game room, media room and bar. The rear yard features a large patio and built-in sprinkler system. Owner says no HOA fees for this home! Put it on your tour today. See it, love it, buy it! This is a short sale being sold "as-is". Inspections are for informational purposes only. $420,000 is bank approved number.
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Kitchen - Eat-In
  • Window Features: Bay/Bow, Energy Efficient
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 4524
  • Living Area Sq Ft: 4524
  • Net Sq Ft: 4524.00
  • Price Per Sq Ft: 94.92
  • Above Grade Finished Sq Ft: 4524
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1212

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stucco, Stone
  • Access To Pool: Yes
  • Exterior Features: Sidewalks, Street Lights
  • Pool Features: In Ground
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 1250.00
  • Other Fees Frequency: One Time

Schools

  • School District: APPOQUINIMINK
  • Elementary School: CEDAR LANE
  • Middle School: LOUIS L. REDDING
  • High School: MIDDLETOWN
  • School District Key: 300200396893
  • Elementary School: CEDAR LANE
  • High School: MIDDLETOWN
  • Middle Or Junior School: LOUIS L. REDDING

Lot Info

  • Improvement Assessed Value: 174100.00
  • Land Assessed Value: 12100.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.47
  • Lot Dimensions: 110 X 187
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20473.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R

Building Info

  • Builder Name: DR HORTON

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4675336
  • Tax Annual Amount: 4337.00
  • Assessor Parcel Number: 13-018.20-073
  • Tax Year: 2015
  • Close Date: 11/15/2016

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2021
Sold by
Neary Peter F
Bought by
Allen Leonard Marcus
Current Estimated Value
$773,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$502,099
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$253,439

Purchase Details

Listed on
Apr 28, 2016
Closed on
Nov 12, 2016
Sold by
Russell William E
Bought by
Neary Peter F
Seller's Agent
Lisa Michels
Patterson-Schwartz - Greenville
Buyer's Agent
Justin Campbell
RE/MAX Associates - Newark
List Price
$400,000
Sold Price
$429,400
Premium/Discount to List
$29,400
7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$407,930
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2007
Sold by
D R Horton Inc
Bought by
Russell William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,296
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2005
Sold by
Jofr Inc
Bought by
D R Horton Inc New Jersey
Source: Public Records

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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
Allen Leonard Marcus -- None Available
Neary Peter F $429,400 None Available
Russell William E $509,120 None Available
D R Horton Inc New Jersey $28,540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Leonard Marcus $160,000
Open Allen Leonard Marcus $548,250
Previous Owner Neary Peter F $407,930
Previous Owner Russell William E $407,296
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2016 11/15/16 Sold $429,400 0.0% $95 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
09/16/2016 09/16/16 Price Changed $429,400 +2.2% $95 / Sq Ft
08/25/2016 08/25/16 Price Changed $420,000 +5.0% $93 / Sq Ft
07/05/2016 07/05/16 For Sale $400,000 0.0% $88 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $400,000 -- $88 / 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 $7,535 $174,100 $12,100 $162,000
2023 $6,462 $174,100 $12,100 $162,000
2022 $6,480 $174,100 $12,100 $162,000
2021 $6,400 $174,100 $12,100 $162,000
2020 $6,329 $174,100 $12,100 $162,000
2019 $6,097 $174,100 $12,100 $162,000
2018 $80 $174,100 $12,100 $162,000
2017 $4,468 $174,100 $12,100 $162,000
2016 $4,468 $174,100 $12,100 $162,000
2015 $4,336 $174,100 $12,100 $162,000
2014 $4,351 $174,100 $12,100 $162,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003949869

Bright MLS

APN: 13-018.20-073