NOT LISTED FOR SALE

186 N Flack Ave Frederica, DE 19946

Estimated Value: $533,000 - $649,000

4 Beds
2.5 Baths
2,016 Sq Ft
$290/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $499,000 $248 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,211/month

Highlights

  • Water Oriented
  • No HOA
  • Heat Pump System
  • Coastal Architecture
  • 60 Gallon+ Electric Water Heater

About This Home

As of November 2021

Ready for private, bayside living in a beautiful move-in ready custom home with furniture and more included from Dream Builders? Look no further than this raised 2-story, 4-bedroom gem with over 2,000 square feet of living space! Built in 2009, this location is tough to beat, offering a private setting right where the St. Johns River enters the Delaware Bay. You’ll enjoy water views from two sides and a panoramic overlook of state land from two outdoor decks and the 3-season porch! On the first floor, you’ll walk into a private living room with access to the 27-foot wide deck. Down the hall are 3 spacious bedrooms, a full bath, and generous laundry room. The staircase leads up into the open-concept kitchen and great room with gas fireplace for fall and winter months. In front is the second deck and beautiful 3-season room, perfect for relaxing with guests and enjoying stunning sunsets over dinner and drinks. Towards the back of the home is the large primary bedroom with private full bath. The federally rated pylons provide a discount on flood insurance – the policy being only $756 annually. Additionally, the home features 6 inch wall construction, Pex plumbing, Anderson low E glass windows and sliders, public sewer and a private well with purification system. The first floor has economic heat pumps with electric back-up, and an electric HVAC system on the second floor. As an added bonus, you’re only one street away from access to the water and within walking distance of the small town of Bowers Beach. Stroll to The Bayview Tavern or JP’s Wharf, then cap off the evening with Barnacles Ice Cream. For more restaurant and shopping options, both Dover and Milford are a quick drive. This home epitomizes the slower, lower Delaware lifestyle that so many people are seeking! Schedule a showing today!

Last Agent to Sell the Property

Bruce Plummer

(302) 245-7653 bruce@bruceplummer.com Coldwell Banker Premier - Rehoboth License #RB-0001924 Listed on: 07/28/2021

Coldwell Banker Premier - Rehoboth

Co-Listed By

Michael Getzlaff

(302) 515-5711 michaelg@coachatthecoast.com The Lisa Mathena Group, Inc. License #RS-0025377

Last Buyer's Agent

Scott Berry

lsberry63@comcast.net Torbert Realty LLC License #R3-0014886

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,073

Year Built

  • Built in 2009

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00

Parking

  • Gravel Driveway

Home Design

  • Coastal Architecture
  • Aluminum Siding
  • Piling Construction

Interior Spaces

  • 2,016 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

Outdoor Features

  • Water Oriented
  • Property near a bay

Location

  • Flood Risk

Utilities

  • Heat Pump System
  • 60 Gallon+ Electric Water Heater
  • Well
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Built by Dream Builders
  • Bowers Beach Subdivision

Listing and Financial Details

  • Tax Lot 0402-000
  • Assessor Parcel Number SM-01-11513-01-0402-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,073

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-07-29
  • Federal Flood Zone: Yes
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 247.52
  • Above Grade Finished Sq Ft: 2016
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • In City Limits: No

Building Info

  • Builder Name: Dream Builders

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2478919
  • School Tax: 686.00
  • Tax Annual Amount: 1073.00
  • Assessor Parcel Number: SM-01-11513-01-0402-000
  • Tax Lot: 0402-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: LAKE FOREST

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Nov 19, 2021
Sold by
Oliver Bonnie Gene and The Bonnie Gene Oliver Revocab
Bought by
Bonne Scott R and Bonne Allison A
Seller's Agent
Bruce Plummer
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Scott Berry
Torbert Realty LLC
List Price
$539,000
Sold Price
$499,000
Premium/Discount to List
-$40,000
-7.42%
Current Estimated Value
$583,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,715
Avg. Annual Appreciation
4.07%
Original Mortgage
$290,000
Outstanding Balance
$266,102
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$317,613

Purchase Details

Closed on
Dec 9, 2020
Sold by
Oliver Bonnie and Oliver Bonnie Gene
Bought by
Oliver Bonnie Gene and The Bonnie Gene Oliver Revocab

Purchase Details

Closed on
Jul 7, 2007
Sold by
Mediterranee Construction Llc
Bought by
Oliver Richard M and Oliver Bonnie
Source: Public Records

Range of Values:

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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
Bonne Scott R $499,000 None Available
Oliver Bonnie Gene -- None Available
Oliver Richard M $99,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonne Scott R $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $499,000 0.0% $248 / Sq Ft
10/06/2021 10/06/21 Price Changed $499,000 -5.0% $248 / Sq Ft
09/16/2021 09/16/21 Price Changed $525,000 -2.6% $260 / Sq Ft
07/28/2021 07/28/21 For Sale $539,000 -- $267 / 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 $1,874 $514,100 $121,100 $393,000
2024 $1,874 $514,100 $121,100 $393,000
2023 $1,007 $41,500 $3,800 $37,700
2022 $902 $41,500 $3,800 $37,700
2021 $529 $41,500 $3,800 $37,700
2020 $547 $41,500 $3,800 $37,700
2019 $877 $41,500 $3,800 $37,700
2018 $867 $41,500 $3,800 $37,700
2017 $902 $41,500 $0 $0
2016 $812 $41,500 $0 $0
2015 $799 $41,500 $0 $0
2014 $787 $41,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2001188

Bright MLS

APN: 8-01-11513-01-0402-000