NOT LISTED FOR SALE

17647 Madaket Way Lewes, DE 19958

Estimated Value: $841,000 - $1,021,171

4 Beds
4 Baths
4,351 Sq Ft
$208/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $849,900 $195 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,188/month

Highlights

  • Gated Community
  • View of Trees or Woods
  • Clubhouse
  • Love Creek Elementary School Rated A
  • Open Floorplan
  • Coastal Architecture

About This Home

As of April 2022

WHY WAIT TO BUILD? This never-lived-in Stapleton model by NVR was completed in January 2022 with the builder warranty transfering to the new owner(s). This stunning 4 bedrooms, 4 full bathrooms home leaves nothing to be desired with a first floor master suite, private office and a spacious open floor plan perfect for entertaining your guests and family. Upstairs boosts a large loft, 2 bedrooms and a full bathroom. Want to build your dream bar, game room, &/or a movie theater? You certainly can as you let your imagination run wild in this finished basement! In addition, to all this stunning home has to offer it sits on a desirable lot that offers private tree views perfect for building the patio of dreams! This home is just a short drive to Coastal Highway’s shopping and dining along with Lewes & Rehoboth Beaches!

Coastal Club Membership provides access to an Indoor Pool; Locker Room with Showers; 2 Outdoor Pools; Swim Up Bar; Exercise Facility; Yoga Room; Pool Tables; Inside lounge area with fireplace bar and table seating; library; food service; Outside Playground; Tennis/pickleball Courts; Dog Park and Community Garden. Expansive Activities offered include craft Fairs; Events; Food Trucks; Bands/Dance Events; Local Guest Speakers; Donation Events; Numerous Clubs and Game Nights. HOA membership required.

Last Agent to Sell the Property

William Rash

(302) 500-0775 billrash@northroprealty.com Northrop Realty License #Rs0036505 Listed on: 02/11/2022

Northrop Realty

Co-Listed By

Megan Phillips

(302) 500-0775 meganrash@northroprealty.com Northrop Realty License #RS-0026292

Last Buyer's Agent

Carl Frampton

(302) 236-8526 carl@framptonrealty.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $235

Year Built

  • Built in 2022

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66.00 x 125.00
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Den
  • Loft
  • Views of Woods
  • Attic

Kitchen

  • Built-In Self-Cleaning Double Oven
  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Sump Pump

Home Security

  • Intercom
  • Flood Lights

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Air Filtration System
  • Humidifier
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Public Septic
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 334-11.00-595.00

Community Details

Overview

  • $5,000 Recreation Fee
  • $2,250 Capital Contribution Fee
  • Association fees include common area maintenance, pool(s), recreation facility, road maintenance, snow removal
  • Built by NV Homes
  • Coastal Club Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Game Room
  • Billiard Room
  • Community Center
  • Meeting Room
  • Party Room
  • Recreation Room

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$235

Year Built

Built in 2022

Lot Details

0

HOA Fees

$255 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: range, refrigerator, microwave, dishwasher
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-02-11
  • Federal Flood Zone: No
  • Year Built: 2022
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: WHY WAIT TO BUILD? This never-lived-in Stapleton model by NVR was completed in January 2022 with the builder warranty transfering to the new owner(s). This stunning 4 bedrooms, 4 full bathrooms home leaves nothing to be desired with a first floor master suite, private office and a spacious open floor plan perfect for entertaining your guests and family. Upstairs boosts a large loft, 2 bedrooms and a full bathroom. Want to build your dream bar, game room, &/or a movie theater? You certainly can as you let your imagination run wild in this finished basement! In addition, to all this stunning home has to offer it sits on a desirable lot that offers private tree views perfect for building the patio of dreams! This home is just a short drive to Coastal Highway’s shopping and dining along with Lewes & Rehoboth Beaches! Coastal Club Membership provides access to an Indoor Pool; Locker Room with Showers; 2 Outdoor Pools; Swim Up Bar; Exercise Facility; Yoga Room; Pool Tables; Inside lounge area with fireplace bar and table seating; library; food service; Outside Playground; Tennis/pickleball Courts; Dog Park and Community Garden. Expansive Activities offered include craft Fairs; Events; Food Trucks; Bands/Dance Events; Local Guest Speakers; Donation Events; Numerous Clubs and Game Nights. HOA membership required.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Humidifier, Range Hood, Washer/Dryer Hookups Only, Oven - Wall, Oven - Self Cleaning, Oven - Double, Intercom, Stainless Steel Appliances, Oven/Range - Gas
  • Interior Amenities: Air Filter System, Attic, Carpet, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Study, Great Room, Loft, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Sump Pump
  • Laundry Type: Main Floor
  • Total Sq Ft: 4351
  • Living Area Sq Ft: 4351
  • Price Per Sq Ft: 313.85
  • Above Grade Finished Sq Ft: 2708
  • Below Grade Finished Sq Ft: 1643
  • Total Below Grade Sq Ft: 1643
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17647

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Exterior Features: Flood Lights, Lawn Sprinkler, Sidewalks, Street Lights
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • View: Trees/Woods
  • 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: Paved Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Utilities: Phone, Water Available, Phone Available, Natural Gas Available, Cable Tv Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 255.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Billiard Room, Club House, Community Center, Game Room, Gated Community, Meeting Room, Party Room, Picnic Area, Pool - Outdoor, Recreational Center, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Recreation Facility, Road Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 5000.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Capital Contribution Fee: 2250.00

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Size Acres: 0.25
  • Lot Dimensions: 66.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: NV Homes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12484310
  • School Tax: 213.00
  • Tax Annual Amount: 235.00
  • Assessor Parcel Number: 334-11.00-595.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/22/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2022
Sold by
Nvr Inc
Bought by
Nolen Stanley Lynn and Nolen Jana
Current Estimated Value
$904,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$508,240
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$395,803
Source: Public Records

Range of Values:

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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
Nolen Stanley Lynn $755,475 Giordano Delcollo Werb & Gagne
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nolen Stanley Lynn $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $849,900 0.0% $195 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/12/2022 03/12/22 For Sale $849,900 0.0% $195 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $849,900 -- $195 / 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
2025 $1,674 $5,000 $5,000 $0
2024 $1,846 $5,000 $5,000 $0
2023 $1,822 $5,000 $5,000 $0
2022 $1,759 $5,000 $5,000 $0
2021 $1 $5,000 $5,000 $0
2020 $235 $5,000 $5,000 $0
2019 $235 $5,000 $5,000 $0
2018 $220 $5,000 $0 $0
2017 $210 $5,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2015670

Bright MLS

APN: 334-11.00-0595.00