NOT LISTED FOR SALE

Estimated Value: $668,000 - $695,000

4 Beds
2.5 Baths
2,340 Sq Ft
$292/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $600,000 $256 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,075/month

Highlights

  • New Construction
  • Open Floorplan
  • Corner Lot
  • Cedar Lane Elementary School Rated A
  • Contemporary Architecture
  • Upgraded Countertops

About This Home

As of June 2022

Move-in ready, new construction Galen model home in the Shannon Cove community! This 2,340 square foot two-story home on a corner homesite offers four bedrooms, two and a half bathrooms, a flex room, 9’ ceilings, an unfinished basement, a three-car garage and custom paint. This well-designed home has an inviting foyer that is open to the functional flex room that can be used as an office, playroom or formal dining space. The well-appointed kitchen features classic white cabinetry, stainless steel appliances and granite countertops, an oversized corner pantry, a spacious island with a sink and additional room for seating. The kitchen flows seamlessly into the dining space and the sizeable great room. The first floor also offers a powder room, coat closet and storage area. As you make your way up the stairs that are nestled in the corner of the great room you will find a vast landing. The impressive owner’s suite boasts an expansive bedroom, a huge walk-in closet and a contemporary owner’s bathroom with a large shower and toilet closet. Three generously sized secondary bedrooms, a spacious hall bathroom with double vanity, and the conveniently located laundry room complete the upstairs. The model window treatments, area rugs and the exclusive D.R. Horton Smart Home® package are also included with the home. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built.

Considering offers from $601,010. Offers will be due by 5pm on 4/26/2022 and reviewed the same day. Accepted offer will be notified by 10am on 4/27/2022 and must be contracted with all required addenda and earnest money deposit by 5pm on 4/27/2022. For an offer to be considered, buyer must submit a prequalification letter from any lender licensed to do business in Delaware or proof of funds for an all-cash purchase. At 6pm on 4/26/2022, seller shall review all offers submitted for each home and determine which offer to select for each home in seller’s sole discretion. Once an offer is accepted, the buyer will be notified via phone and must execute a Purchase Agreement and provide an earnest money deposit check in the amount of 10% of the purchase price.

Last Agent to Sell the Property

Jay Heilman

D.R. Horton Realty of Delaware, LLC License #RB-0020570 Listed on: 04/23/2022

D.R. Horton Realty of Delaware, LLC

Last Buyer's Agent

Elizabeth Page-Kramer

NextHome Preferred License #0025701

NextHome Preferred

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,700

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.59 Acre Lot
  • North Facing Home
  • Corner Lot
  • Property is in excellent condition

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Permanent Foundation
  • Poured Concrete
  • Blown-In Insulation
  • Batts Insulation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Passive Radon Mitigation
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 2,340 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Combination Kitchen and Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Rough-In Basement Bathroom

Schools

  • Cedar Lane Elementary School
  • Redding Middle School
  • Middletown High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Programmable Thermostat
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Energy-Efficient Appliances

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 67
  • Assessor Parcel Number 13-018.20-126

Community Details

Overview

  • Association fees include common area maintenance, snow removal
  • $1,212 Other One-Time Fees
  • Built by D.R. Horton
  • Shannon Cove Subdivision, Galen Floorplan
  • Property Manager

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,700

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-04-23
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Move-in ready, new construction Galen model home in the Shannon Cove community! This 2,340 square foot two-story home on a corner homesite offers four bedrooms, two and a half bathrooms, a flex room, 9’ ceilings, an unfinished basement, a three-car garage and custom paint. This well-designed home has an inviting foyer that is open to the functional flex room that can be used as an office, playroom or formal dining space. The well-appointed kitchen features classic white cabinetry, stainless steel appliances and granite countertops, an oversized corner pantry, a spacious island with a sink and additional room for seating. The kitchen flows seamlessly into the dining space and the sizeable great room. The first floor also offers a powder room, coat closet and storage area. As you make your way up the stairs that are nestled in the corner of the great room you will find a vast landing. The impressive owner’s suite boasts an expansive bedroom, a huge walk-in closet and a contemporary owner’s bathroom with a large shower and toilet closet. Three generously sized secondary bedrooms, a spacious hall bathroom with double vanity, and the conveniently located laundry room complete the upstairs. The model window treatments, area rugs and the exclusive D.R. Horton Smart Home® package are also included with the home. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Considering offers from $601,010. Offers will be due by 5pm on 4/26/2022 and reviewed the same day. Accepted offer will be notified by 10am on 4/27/2022 and must be contracted with all required addenda and earnest money deposit by 5pm on 4/27/2022. For an offer to be considered, buyer must submit a prequalification letter from any lender licensed to do business in Delaware or proof of funds for an all-cash purchase. At 6pm on 4/26/2022, seller shall review all offers submitted for each home and determine which offer to select for each home in seller’s sole discretion. Once an offer is accepted, the buyer will be notified via phone and must execute a Purchase Agreement and provide an earnest money deposit check in the amount of 10% of the purchase price.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Energy Efficient Appliances, Microwave, Oven/Range - Gas, Stainless Steel Appliances, Water Heater, Dryer - Electric, Washer
  • Flooring Type: Carpet, Laminate Plank
  • Interior Amenities: Carpet, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Passive Radon Mitigation, Permanent, Concrete Perimeter
  • Levels Count: 2
  • Room List: Basement, Laundry, Office
  • Basement: Yes
  • Basement Type: Interior Access, Poured Concrete, Rough Bath Plumb, Unfinished
  • Laundry Type: Upper Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2340
  • Living Area Sq Ft: 2340
  • Price Per Sq Ft: 256.84
  • Above Grade Finished Sq Ft: 2340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1219

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Batts Insulation, Blown-In Insulation, Concrete, Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 125.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 1212.00
  • Other Fees Frequency: One Time

Schools

  • School District: APPOQUINIMINK
  • Elementary School: CEDAR LANE
  • Middle School: REDDING
  • High School: MIDDLETOWN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396893
  • School District Source: Listing Agent
  • Elementary School: CEDAR LANE
  • High School: MIDDLETOWN
  • Middle Or Junior School: REDDING

Lot Info

  • Horses: No
  • Lot Features: Corner
  • Lot Size Acres: 0.59
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25629.00
  • Property Condition: Excellent
  • Zoning: S
  • In City Limits: No

Green Features

  • R Factor Basement: 11
  • R Factor Ceilings: R-38
  • R Factor Ext Walls: R-19

Building Info

  • Builder Name: D.R. Horton

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 4675389
  • Tax Annual Amount: 6700.00
  • Assessor Parcel Number: 13-018.20-126
  • Tax Lot: 67
  • Tax Year: 2021
  • Close Date: 06/30/2022

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2022
Closed on
Jun 28, 2022
Sold by
Dr Horton Inc
Bought by
Riolfo Matias Luciano and Posada Veronica Rosana
Seller's Agent
Jay Heilman
D.R. Horton Realty of Delaware, LLC
Buyer's Agent
Elizabeth Page-Kramer
NextHome Preferred
List Price
$601,010
Sold Price
$600,000
Premium/Discount to List
-$1,010
-0.17%
Current Estimated Value
$683,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,342
Avg. Annual Appreciation
3.33%
Original Mortgage
$510,000
Outstanding Balance
$488,738
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$177,865
Source: Public Records

Range of Values:

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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
Riolfo Matias Luciano $600,000 Baird Mandalas Brockstedt Llc
Riolfo Matias Luciano $600,000 Baird Mandalas Brockstedt Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riolfo Matias Luciano $510,000
Closed Riolfo Matias Luciano $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $600,000 -0.2% $256 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $601,010 -- $257 / 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 $4,704 $108,700 $12,900 $95,800
2023 $3,715 $100,100 $12,900 $87,200
2022 $3,725 $100,100 $12,900 $87,200
2021 $254 $6,900 $6,900 $0
2020 $251 $6,900 $6,900 $0
2019 $233 $6,900 $6,900 $0
2018 $224 $6,900 $6,900 $0
2017 $197 $6,900 $6,900 $0
2016 $197 $6,900 $6,900 $0
2015 $192 $6,900 $6,900 $0
2014 $192 $6,900 $6,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2021650

Bright MLS

APN: 13-018.20-126