NOT LISTED FOR SALE

22160 S Preservation Dr Unit 45 Millsboro, DE 19966

The Peninsula Neighborhood

Estimated Value: $636,697 - $823,000

4 Beds
3.5 Baths
3,300 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $651,000 $197 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,579/month

17 Days on Market

Highlights

  • Concierge
  • Pier or Dock
  • Bar or Lounge
  • Beach
  • Golf Club
  • Fitness Center

About This Home

As of June 2021

Over $200,000 of post-construction improvements express the ultimate in luxury in this professionally designed and impeccably maintained home. Must sought after, this 3300 sq. ft. end unit townhome feels like a single-family home. The VIDEO is a must-see! Nestled adjacent a wooded preserve, you’ll enjoy sun-drenched, south-facing views from most of the rooms as well as from the screened porch and patio. This unique and comfortable setting provides a relaxing oasis reminiscence of the casual, active Peninsula lifestyle. 10’ ceilings on the 1st floor feature an open plan that is fantastic for entertaining, yet comfortable for just a few. Light-colored hardwood floors, beautiful wood moldings, wainscotting, tray ceilings, and trim details enrich a lot of the spaces. A large entertaining kitchen features 2019 Bosch appliances with a gas 5 burner cooktop, Quartz countertops, and tiled backsplash. A two-story sitting room adjacent to the kitchen has a wall of Sunglass windows minimizing UV light infiltration and heat gain with electronically controlled blinds. The family room with a gas fireplace, built-in cabinetry, and beautiful coffered ceiling is more than a comfortable space to relax and the living room has room for a baby grand! A service hall has plenty of storage with a walk-in pantry, multiple closets, half bath, and laundry/mudroom with sink cabinet, granite countertops, and a ‘barn door’ divider. White pecan, hardwood stairs lead you to the 2nd-floor loft, (also hardwood pecan flooring), which serves as the hub to the 3 bedrooms. The master bedroom porch recently converted to an interior space, (presently the owners’ artist studio) adjoins the bedroom with a Halfa full extension sliding door system. Two additional bedrooms (one with its own porch) share a jack-in-jill bath. The 4th bedroom complete with full bath is suitable as a study or office and features its own private exterior entrance. It’s all in the care and details…...extensive wood trim and moldings, downlights and specialty light fixtures, (with most lights on dimmers) luxurious finishes, lifetime brass door fixtures, Marantz speaker system in main rooms and porch, intercom, custom window treatments including silk draperies in the living room, draperies with blackout lining in the bedrooms, recently painted interior and exterior (2018), 3 independent Bosh HVAC units (all with upgraded filtration and the main unit with a UV air cleaner), additional attic insulation, patio, and front walkway pavers, cedar privacy fence, and extensive landscaping. Sellers are building a home in the Peninsula with an expected completion of Oct 1 and will lease back until the home is completed. Step outside and enjoy the Peninsula community with their world-class amenities, gated security, clubhouse, Jack Nicklaus golf course, driving range, fitness center with indoor, outdoor, and wave pool, hot tubs, sauna, spa room, tennis, pickle-ball, dog park, community garden, nature center, bay beach, fishing pier and miles of walking trails. Year-round events and activities where you can make friends for a lifetime. Capital contribution to PCA is 0.5% of the sales price and $179.00 to Conservancy condo.

Last Agent to Sell the Property

Valerie Ellenberger

Compass License #RS-0022639 Listed on: 04/29/2021

Compass

Last Buyer's Agent

Daniel Dellegrotti

Compass License #RS-0023379

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,369

Year Built

  • Built in 2006

Lot Details

  • Backs To Open Common Area
  • East Facing Home
  • Landscaped
  • Extensive Hardscape
  • Sprinkler System
  • Backs to Trees or Woods
  • Front Yard
  • Property is in excellent condition

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener
  • Brick Driveway
  • On-Street Parking

Property Views

  • Woods
  • Garden

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Blown-In Insulation
  • Batts Insulation
  • Architectural Shingle Roof
  • Metal Roof
  • HardiePlank Type
  • Stick Built Home
  • CPVC or PVC Pipes

Interior Spaces

  • 3,300 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Tray Ceiling
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Window Screens
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Loft
  • Attic Fan

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Self-Cleaning Double Oven
  • Electric Oven or Range
  • Cooktop
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Home Security

  • Security Gate
  • Intercom

Accessible Home Design

  • Doors swing in
  • Doors with lever handles
  • More Than Two Accessible Exits

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Screened Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Dehumidifier
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Programmable Thermostat
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 234-30.00-305.01-45

Community Details

Overview

  • Association fees include common area maintenance, fiber optics at dwelling, health club, high speed internet, insurance, lawn maintenance, pier/dock maintenance, pool(s), recreation facility, reserve funds, road maintenance, sauna, security gate, snow removal, trash
  • Peninsula Community Association, Phone Number (302) 947-2036
  • Conservancy Condos, Phone Number (302) 947-2036
  • Built by Miller and Smith
  • Peninsula Subdivision, Bar Harbor Floorplan

Amenities

  • Concierge
  • Picnic Area
  • Common Area
  • Sauna
  • Clubhouse
  • Game Room
  • Billiard Room
  • Bar or Lounge

Recreation

  • Pier or Dock
  • Beach
  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Community Spa
  • Putting Green
  • Jogging Path
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Security Service
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,369

Year Built

Built in 2006

Lot Details

0

HOA Fees

$370 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary, Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits, Doors - Lever Handle(s), Doors - Swing In
  • Ownership: Fee Simple
  • Exclusions: Wall of artist storage cabinets in the loft and in the studio, fan over Peleton and racks in laundry.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-04-30
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: Yes
  • Remarks Public: Over $200,000 of post-construction improvements express the ultimate in luxury in this professionally designed and impeccably maintained home. Must sought after, this 3300 sq. ft. end unit townhome feels like a single-family home. The VIDEO is a must-see! Nestled adjacent a wooded preserve, you’ll enjoy sun-drenched, south-facing views from most of the rooms as well as from the screened porch and patio. This unique and comfortable setting provides a relaxing oasis reminiscence of the casual, active Peninsula lifestyle. 10’ ceilings on the 1st floor feature an open plan that is fantastic for entertaining, yet comfortable for just a few. Light-colored hardwood floors, beautiful wood moldings, wainscotting, tray ceilings, and trim details enrich a lot of the spaces. A large entertaining kitchen features 2019 Bosch appliances with a gas 5 burner cooktop, Quartz countertops, and tiled backsplash. A two-story sitting room adjacent to the kitchen has a wall of Sunglass windows minimizing UV light infiltration and heat gain with electronically controlled blinds. The family room with a gas fireplace, built-in cabinetry, and beautiful coffered ceiling is more than a comfortable space to relax and the living room has room for a baby grand! A service hall has plenty of storage with a walk-in pantry, multiple closets, half bath, and laundry/mudroom with sink cabinet, granite countertops, and a ‘barn door’ divider. White pecan, hardwood stairs lead you to the 2nd-floor loft, (also hardwood pecan flooring), which serves as the hub to the 3 bedrooms. The master bedroom porch recently converted to an interior space, (presently the owners’ artist studio) adjoins the bedroom with a Halfa full extension sliding door system. Two additional bedrooms (one with its own porch) share a jack-in-jill bath. The 4th bedroom complete with full bath is suitable as a study or office and features its own private exterior entrance. It’s all in the care and details…...extensive wood trim and moldings, downlights and specialty light fixtures, (with most lights on dimmers) luxurious finishes, lifetime brass door fixtures, Marantz speaker system in main rooms and porch, intercom, custom window treatments including silk draperies in the living room, draperies with blackout lining in the bedrooms, recently painted interior and exterior (2018), 3 independent Bosh HVAC units (all with upgraded filtration and the main unit with a UV air cleaner), additional attic insulation, patio, and front walkway pavers, cedar privacy fence, and extensive landscaping. Sellers are building a home in the Peninsula with an expected completion of Oct 1 and will lease back until the home is completed. Step outside and enjoy the Peninsula community with their world-class amenities, gated security, clubhouse, Jack Nicklaus golf course, driving range, fitness center with indoor, outdoor, and wave pool, hot tubs, sauna, spa room, tennis, pickle-ball, dog park, community garden, nature center, bay beach, fishing pier and miles of walking trails. Year-round events and activities where you can make friends for a lifetime. Capital contribution to PCA is 0.5% of the sales price and $179.00 to Conservancy condo.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Energy Efficient Appliances, Extra Refrigerator/Freezer, Intercom, Oven - Double, Oven - Self Cleaning, Oven - Wall, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Attic/House Fan, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Combination Kitchen/Dining, Combination Kitchen/Living, Combination Dining/Living, Crown Moldings, Dining Area, Floor Plan - Open, Intercom, Kitchen - Gourmet, Pantry, Recessed Lighting, Soaking Tub, Sprinkler System, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Double Hung, Double Pane, Energy Efficient, Screens
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Tray Ceilings
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Loft, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 3300
  • Living Area Sq Ft: 3300
  • Price Per Sq Ft: 189.39
  • Above Grade Finished Sq Ft: 3300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22160

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Batts Insulation, Blown-In Insulation, Brick Veneer, Cpvc/Pvc, Hardiplank Type
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Underground Lawn Sprinkler
  • Roof: Architectural Shingle, Metal
  • View: Garden/Lawn, 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: Concrete Driveway, Brick Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Attic Fan, Dehumidifier, Heat Pump(s), Multi Units, Programmable Thermostat, Ceiling Fan(s), Zoned
  • Heating Fuel: Propane - Owned, Electric
  • Heating Type: Forced Air, Heat Pump(s), Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Propane
  • Security: Carbon Monoxide Detector(s), Security Gate, Sprinkler System - Indoor, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 839.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 537.00
  • Condo Co-Op Fee Frequency: Semi-Annually
  • Condo Co-Op Name: Conservancy
  • Condo Co-Op Phone: 302-947-2036
  • HOA Condo Co-Op Amenities: Bar/Lounge, Basketball Courts, Beach, Bike Trail, Billiard Room, Club House, Common Grounds, Concierge, Exercise Room, Fitness Center, Game Room, Gated Community, Golf Club, Golf Course, Golf Course Membership Available, Jog/Walk Path, Picnic Area, Pier/Dock, Pool - Indoor, Pool - Outdoor, Putting Green, Sauna, Security, Spa, Tennis Courts, Tot Lots/Playground, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Fiber Optics At Dwelling, Health Club, High Speed Internet, Insurance, Lawn Maintenance, Pier/Dock Maintenance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sauna, Security Gate, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Name: PENINSULA COMMUNITY ASSOCIATION
  • HOA Phone: 302-947-2036
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Indoor, Lap/Exercise, Heated

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Features: Backs - Open Common Area, Backs To Trees, Front Yard, Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s), Porch(es), Roof, Screened
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: MR
  • Zoning Description: Medium Residential
  • In City Limits: No

Building Info

  • Builder Name: Miller and Smith

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5164056
  • School Tax: 1207.00
  • Tax Annual Amount: 1369.00
  • Assessor Parcel Number: 234-30.00-305.01-45
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/30/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 30, 2021
Sold by
Beyer Richard A and Beyer Cindy L
Bought by
Kosan Edward M and Kosan Cheryl K
Seller's Agent
Valerie Ellenberger
Compass
Buyer's Agent
Daniel Dellegrotti
Compass
List Price
$625,000
Sold Price
$651,000
Premium/Discount to List
$26,000
4.16%
Current Estimated Value
$751,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,174
Avg. Annual Appreciation
4.25%
Original Mortgage
$488,000
Outstanding Balance
$447,555
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$327,230
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
Kosan Edward M $651,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kosan Edward M $488,000
Closed Kosan Cheryl K $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $651,000 +4.2% $197 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $625,000 -- $189 / 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 $1,484 $34,750 $0 $34,750
2023 $1,495 $34,750 $0 $34,750
2022 $1,479 $34,750 $0 $34,750
2021 $1,435 $34,750 $0 $34,750
2020 $1,369 $34,750 $0 $34,750
2019 $1,363 $34,750 $0 $34,750
2018 $1,352 $35,750 $0 $0
2017 $1,363 $35,750 $0 $0
2016 $1,201 $35,750 $0 $0
2015 $1,238 $35,750 $0 $0
2014 $1,219 $35,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU181518

Bright MLS

APN: 234-30.00-305.01-45