NOT LISTED FOR SALE

Estimated Value: $664,197 - $716,000

5 Beds
3.5 Baths
2,814 Sq Ft
$243/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $661,990 $235 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,450/month

8 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Main Floor Bedroom
  • Cedar Lane Elementary School Rated A
  • Contemporary Architecture
  • Loft

About This Home

As of August 2022

The Ellerbe, an under-construction two-story home featuring 2,814 square feet of living space, five bedrooms, three and a half bathrooms, a large upstairs loft area and a two-car garage will be move-in ready this summer. As you enter the home and into the flex room, you decide how it functions – a formal dining space, home office or children’s play area. A large modern island in the kitchen flows neatly into the informal dining area and living room. Just off the living room is the highlight of the house, the first-floor owner’s suite, complete with a bathroom and walk-in closet! Upstairs the large loft area and additional four bedrooms provide enough space for everyone to recharge. This home comes complete with modern gray cabinets, granite countertops, stainless steel appliances, and an unfinished basement. The Ellerbe also includes the exclusive D.R. Horton Smart Home® Package giving you peace of mind living in your new home. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built.

Last Agent to Sell the Property

Jay Heilman

D.R. Horton Realty of Delaware, LLC License #RB-0020570 Listed on: 03/21/2022

D.R. Horton Realty of Delaware, LLC

Last Buyer's Agent

Suchita Patel

Patterson-Schwartz-Middletown License #0037504

Patterson-Schwartz-Middletown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,400

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.46 Acre Lot
  • Backs To Open Common Area
  • Southeast Facing Home
  • Interior Lot
  • Property is in excellent condition

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 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

  • 2,814 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Combination Kitchen and Dining Room
  • Den
  • Loft

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer Hookup

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 44
  • Assessor Parcel Number 13-018.20-102

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, Ellerbe Floorplan
  • Property Manager

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,400

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$42 per month

Parking

2

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
  • Federal Flood Zone: No
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: The Ellerbe, an under-construction two-story home featuring 2,814 square feet of living space, five bedrooms, three and a half bathrooms, a large upstairs loft area and a two-car garage will be move-in ready this summer. As you enter the home and into the flex room, you decide how it functions – a formal dining space, home office or children’s play area. A large modern island in the kitchen flows neatly into the informal dining area and living room. Just off the living room is the highlight of the house, the first-floor owner’s suite, complete with a bathroom and walk-in closet! Upstairs the large loft area and additional four bedrooms provide enough space for everyone to recharge. This home comes complete with modern gray cabinets, granite countertops, stainless steel appliances, and an unfinished basement. The Ellerbe also includes the exclusive D.R. Horton Smart Home® Package giving you peace of mind living in your new home. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Energy Efficient Appliances, Microwave, Oven/Range - Gas, Stainless Steel Appliances, Washer/Dryer Hookups Only, Water Heater
  • 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), Entry Level Bedroom
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Passive Radon Mitigation, Permanent, Concrete Perimeter
  • Levels Count: 2
  • Room List: Basement, Laundry, Loft, Office
  • Basement: Yes
  • Basement Type: Interior Access, Poured Concrete, Rough Bath Plumb, Unfinished
  • Laundry Type: Hookup, Upper Floor
  • Total Sq Ft: 2814
  • Living Area Sq Ft: 2814
  • Price Per Sq Ft: 237.03
  • Above Grade Finished Sq Ft: 2814
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1270

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • 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: No
  • 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: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • 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, Programmable Thermostat
  • 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: Interior, Backs - Open Common Area
  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20020.00
  • 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: 4675365
  • Tax Annual Amount: 7400.00
  • Assessor Parcel Number: 13-018.20-102
  • Tax Lot: 44
  • Tax Year: 2021
  • Close Date: 08/12/2022

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Jul 26, 2022
Sold by
Dr Horton Inc
Bought by
Janamsetty Rajesh and Janamsetty Ramalakshmi
Seller's Agent
Jay Heilman
D.R. Horton Realty of Delaware, LLC
Buyer's Agent
Suchita Patel
Patterson-Schwartz-Middletown
List Price
$656,990
Sold Price
$661,990
Premium/Discount to List
$5,000
0.76%
Total Days on Market
8
Views
2
Current Estimated Value
$684,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,309
Avg. Annual Appreciation
1.17%
Original Mortgage
$529,592
Outstanding Balance
$510,350
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$173,949

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,600,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Janamsetty Rajesh $661,990 Baird Mandalas Brockstedt Llc
D R Horton Inc New Jersey $28,540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janamsetty Rajesh $529,592
Previous Owner D R Horton Inc New Jersey $14,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $661,990 -0.7% $235 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/29/2022 03/29/22 Price Changed $666,990 +0.8% $237 / Sq Ft
03/22/2022 03/22/22 Price Changed $661,990 +0.8% $235 / Sq Ft
03/21/2022 03/21/22 For Sale $656,990 -- $233 / 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 $7,024 $162,300 $12,000 $150,300
2023 $6,024 $162,300 $12,000 $150,300
2022 $223 $158,700 $12,000 $146,700
2021 $221 $6,000 $6,000 $0
2020 $218 $6,000 $6,000 $0
2019 $203 $6,000 $6,000 $0
2018 $195 $6,000 $6,000 $0
2017 $171 $6,000 $6,000 $0
2016 $171 $6,000 $6,000 $0
2015 $167 $6,000 $6,000 $0
2014 $167 $6,000 $6,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2019992

Bright MLS

APN: 13-018.20-102