NOT LISTED FOR SALE

22505 E Cypress Way Milton, DE 19968

Estimated Value: $327,180 - $551,000

4 Beds
3 Baths
2,422 Sq Ft
$203/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $366,490 $151 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,817/month

Highlights

  • Fitness Center
  • New Construction
  • Open Floorplan
  • H.O. Brittingham Elementary School Rated A-
  • Gourmet Kitchen
  • Clubhouse

About This Home

As of December 2020

New construction Dover home offering 1,958 square feet of living space that will be complete in December! This one level ranch home offers 9’ ceilings, a owners suite with a connected full bathroom and walk-in closet, two spacious secondary bedrooms that share a full bathroom, and a flex room with French doors. The open kitchen layout overlooks the living room, dining room and the covered porch. The kitchen features dark birch cabinets, granite countertops and stainless steel appliances. The ¼ acre homesite is fully sodded, landscaped and irrigated. Woodfield Preserve features a full club house with a state-of-the-art fitness center, yoga studio, pool table, full kitchen and gathering areas. Additional amenities include a huge outdoor pool, pickleball courts and an outdoor fireplace. This home also receives the exclusive Smart Home® Package. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. REALTORS WARMLY WELCOMED! On-site unlicensed sales professionals represent the seller only. Due to Covid-19, model homes and showings are by one-on-one appointment or by virtual tour. Call to schedule!

Last Agent to Sell the Property

Michael Kennedy

(302) 381-7001 michael.kennedy@compass.com Compass License #RS-0024358 Listed on: 09/08/2020

Compass

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $887

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.37 Acre Lot
  • Property is in excellent condition

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Blown-In Insulation
  • Batts Insulation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,422 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Great Room
  • Breakfast Room
  • Dining Room
  • Loft

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Underground Utilities
  • 200+ Amp Service
  • Tankless Water Heater
  • Public Septic

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 10
  • Assessor Parcel Number 235-9.00-44.00

Community Details

Overview

  • $1,500 Capital Contribution Fee
  • Association fees include common area maintenance, health club, management, pool(s), recreation facility, road maintenance, snow removal, trash
  • Built by DR Horton
  • Woodfield Preserve Subdivision, Dover Floorplan
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Game Room
  • Community Center
  • Party Room

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$887

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$150 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: New construction Dover home offering 1,958 square feet of living space that will be complete in December! This one level ranch home offers 9’ ceilings, a owners suite with a connected full bathroom and walk-in closet, two spacious secondary bedrooms that share a full bathroom, and a flex room with French doors. The open kitchen layout overlooks the living room, dining room and the covered porch. The kitchen features dark birch cabinets, granite countertops and stainless steel appliances. The ¼ acre homesite is fully sodded, landscaped and irrigated. Woodfield Preserve features a full club house with a state-of-the-art fitness center, yoga studio, pool table, full kitchen and gathering areas. Additional amenities include a huge outdoor pool, pickleball courts and an outdoor fireplace. This home also receives the exclusive Smart Home® Package. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. REALTORS WARMLY WELCOMED! On-site unlicensed sales professionals represent the seller only. Due to Covid-19, model homes and showings are by one-on-one appointment or by virtual tour. Call to schedule!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Stainless Steel Appliances, Oven/Range - Electric
  • Interior Amenities: Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Kitchen - Gourmet
  • Fireplace: No
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Breakfast Room, Great Room, Loft
  • Basement: No
  • Total Sq Ft: 2422
  • Living Area Sq Ft: 2422
  • Price Per Sq Ft: 150.66
  • Above Grade Finished Sq Ft: 2422
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22505

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Batts Insulation, Blown-In Insulation, Concrete
  • Construction Completed: No
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Water Sewer Hookup Fee: 8783.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Septic
  • Utilities: Under Ground
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Game Room, Party Room, Pool - Outdoor, Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Health Club, Management, Pool(s), Recreation Facility, Road Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground, Fenced

Fee Information

  • Loss Mitigation Fee?: No
  • Capital Contribution Fee: 1500.00

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16196.00
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Green Features

  • Clean Green Assessed: No
  • R Factor Ceilings: 38
  • R Factor Ext Walls: 19

Building Info

  • Builder Name: DR Horton

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 12484146
  • Assessor Parcel Number: 235-9.00-44.00
  • Tax Lot: 10
  • Close Date: 12/17/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Dec 17, 2020
Sold by
D R Horton Inc
Bought by
Zinser Raymond L and Zinser Jane E
Seller's Agent
Michael Kennedy
Compass
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$395,990
Sold Price
$366,490
Premium/Discount to List
-$29,500
-7.45%
Current Estimated Value
$491,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,555
Avg. Annual Appreciation
6.34%
Original Mortgage
$293,192
Outstanding Balance
$261,028
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$230,017

Purchase Details

Closed on
Jul 27, 2020
Sold by
Thompson Schell Llc
Bought by
Dr Horton Inc
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
Zinser Raymond L $366,490 None Available
Dr Horton Inc $197,101 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zinser Raymond L $293,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $366,490 +0.4% $151 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/07/2020 10/07/20 Price Changed $364,900 -8.2% $151 / Sq Ft
10/05/2020 10/05/20 Price Changed $397,490 +0.4% $164 / Sq Ft
09/08/2020 09/08/20 For Sale $395,990 -- $163 / 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 $887 $3,000 $3,000 $0
2024 $1,259 $3,000 $3,000 $0
2023 $1,258 $3,000 $3,000 $0
2022 $1,214 $3,000 $3,000 $0
2021 $1,203 $3,000 $3,000 $0
2020 $141 $3,000 $3,000 $0
2019 $141 $3,000 $3,000 $0
2018 $0 $3,000 $0 $0
2017 $126 $3,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Kennedy

    Seller's Agent in 2020

    Michael Kennedy

    Compass

    (302) 381-7001

    90 in this area

    649 Total Sales

    Michael Kennedy
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU168668

Bright MLS

APN: 2350900004400

Delaware Sussex County Milton 19968

22505 E Cypress Way, Milton, DE

This home is located at 22505 E Cypress Way, Milton, DE 19968 since 08 September 2020 and is currently estimated at $491,045, approximately $202 per square foot. This property was built in 2020. 22505 E Cypress Way is a home located in Sussex County with nearby schools including H.O. Brittingham Elementary School, Beacon Middle School, and Cape Henlopen High School.

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