NOT LISTED FOR SALE

Estimated Value: $531,000 - $586,000

4 Beds
3.5 Baths
2,588 Sq Ft
$213/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $519,905 $201 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,529/month

1 Day on Market

Highlights

  • Pier or Dock
  • Home fronts navigable water
  • Fitness Center
  • Golf Course Community
  • Water Access
  • New Construction

About This Home

As of November 2024

ACT NOW to secure the final opportunity to build your townhome in our award-winning community at The Peninsula! The Cypress Point townhome at the Peninsula awaits, offering unparalleled luxury features, from James Hardie siding, quartz countertops, to smart thermostats. Don't miss out on the chance to own in Delaware's exclusive gated resort with a $15K INCENTIVE TOWARDS CLOSING COSTS. Time is ticking – seize this opportunity for a life of unmatched amenities and bay access. Contact the sales rep immediately for details on current incentives and availability before it's too late! $15K INCENTIVE TOWARDS CLOSING COSTS

Last Agent to Sell the Property

Tineshia Johnson

(240) 305-1275 info@realurbanrealty.com NVR, INC. License #WVB230300909 Listed on: 02/27/2024

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Townhouse Details

Home Type

  • Townhome

Lot Details

  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Driveway Space
  • Front Facing Garage

Property Views

  • Bay
  • Panoramic
  • Golf Course
  • Creek or Stream

Home Design

  • New Construction
  • Coastal Architecture
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,588 Sq Ft Home
  • Property has 2 Levels
  • Dining Room
  • Loft
  • Sun or Florida Room
  • Laundry Room

Bedrooms and Bathrooms

Outdoor Features

  • Water Access
  • Property near a bay
  • Lake Privileges

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Public Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot MDCP50074

Community Details

Overview

  • Association fees include cable TV, common area maintenance, fiber optics at dwelling, high speed internet, lawn care front, lawn care rear, lawn care side, lawn maintenance, road maintenance, security gate, snow removal, trash
  • $351 Other Monthly Fees
  • Built by NV Homes
  • Peninsula Subdivision, Cypress Point Floorplan
  • Community Lake

Amenities

  • Sauna
  • Meeting Room
  • Party Room

Recreation

  • Pier or Dock
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Pool Membership Available
  • Putting Green
  • Jogging Path

Pet Policy

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

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Lot Details

0

HOA Fees

$369 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Sun/Florida Room, Laundry, Loft, Bathroom 1, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Total Sq Ft: 2588
  • Living Area Sq Ft: 2588
  • Price Per Sq Ft: 198.58
  • Above Grade Finished Sq Ft: 2588
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Mixed
  • Construction Completed: No
  • Roof: Architectural Shingle
  • View: Bay, Creek/Stream, Golf Course, Panoramic, Water
  • Water Access: Yes
  • Water Body Name: Indian River
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage, Driveway
  • Number of Spaces in Driveway: 1
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Septic
  • Utilities: Cable Tv, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 951.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 623.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Golf Course, Golf Course Membership Available, Hot Tub, Jog/Walk Path, Lake, Meeting Room, Party Room, Pier/Dock, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Putting Green, Sauna, Security, Spa, Swimming Pool, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges, Cable, Fitness Center
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Fiber Optics At Dwelling, High Speed Internet, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Road Maintenance, Security Gate, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Indoor, In Ground

Fee Information

  • Other Fees: 351.00
  • Other Fees Frequency: Monthly

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Building Info

  • Builder Name: NV Homes

Rental Info

  • Pets: Case By Case Basis, Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Lot: MDCP50074

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Oct 31, 2024
Sold by
Insight At Peninsula Llc and Nvr Inc
Bought by
Holmes-Butler Layna Michelle
Seller's Agent
Tineshia Johnson
NVR, INC.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$513,915
Sold Price
$519,905
Premium/Discount to List
$5,990
1.17%
Views
8
Current Estimated Value
$584,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,148
Avg. Annual Appreciation
5.40%
Original Mortgage
$389,928
Outstanding Balance
$386,024
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$164,838
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Holmes-Butler Layna Michelle $519,905 None Listed On Document
Holmes-Butler Layna Michelle $519,905 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes-Butler Layna Michelle $389,928
Closed Holmes-Butler Layna Michelle $389,928
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2024 11/15/24 Sold $519,905 +1.2% $201 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $513,915 -- $199 / 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 $1,088 $0 $0 $0
2024 -- $0 $0 $0
2023 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2056986

Bright MLS

APN: 234-30.00-305.03-74