NOT LISTED FOR SALE

22692 E Cypress Way Milton, DE 19968

Estimated Value: $536,000 - $634,637

5 Beds
3.5 Baths
2,872 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $640,000 $223 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,624/month

30 Days on Market

Highlights

  • Coastal Architecture
  • Community Pool
  • Tankless Water Heater
  • H.O. Brittingham Elementary School Rated A-
  • 3 Car Attached Garage
  • Central Air

About This Home

As of October 2023

Stunning pond-front luxury with upgrades galore.Welcome to your dream home – a captivating D.R. Horton Coastal Floorplan with a 3-Car Garage nestled in the sought-after Woodfield Preserve community. This immaculate property is nestled on a coveted pond-front lot in a quiet, low-traffic area of the community.  Upon entering, you'll be greeted by an elegant double-door entry setting the tone for the exceptional features within. The soaring 11-foot ceilings and thoughtfully designed open floorplan create an airy and inviting ambiance allowing natural light to flood the living spaces. The real showstopper, however, is the dramatic vista of the serene pond that provides picturesque views from your living spaces.  This home has been meticulously maintained, and it shows. With its thoughtfully designed open floorplan, this home effortlessly blends style and functionality creating
an inviting space that is perfect for both entertaining and everyday living. The abundance of space in
every corner further accentuates the allure of this remarkable residence, while a serene, wooded
backdrop offers a sense of tranquility and privacy. The heart of the home is an exquisite eat-in kitchen boasting luxurious quartz counters, a generous pantry, and sleek stainless-steel appliances that cater to the aspiring chef in you. Warmth and comfort radiate from the cozy living room complete with a charming gas fireplace that invites you to unwind after a long day.  Retreat to your private first-floor owner's suite, featuring an expansive walk-in closet and an attached bath, offering a spa-like experience at your convenience. The clever layout places the two additional bedrooms separate from the owner’s suite ensuring privacy and comfort for all.  As an added bonus, the owners have thoughtfully upgraded the home by adding two more bedrooms and a full bath upstairs, making it even more versatile.  Use these rooms as bedrooms, a home office, guest suites, and more. The HVAC system features automatic dampers with dual thermostats on each floor ensuring precise control of temperatures throughout the house. Additionally, a heat pump with gas backup controlling system adds an extra layer of efficiency.  But wait – that is not all!  Unwind in style on the relaxing screened porch which opens to a lush green backyard – perfect for outdoor gatherings or tranquil moments amidst nature's beauty.  The property's beautifully maintained and improved landscaping is further enhanced by a separate well for the irrigation system, providing an eco-friendly solution for maintaining the lush greenery.  Beyond the enchanting confines of this home, you'll find an array of amenities at your fingertips.  Enjoy the convenience of a short walk to the community clubhouse and pool, perfect for leisurely weekends. Broadkill Beach, Lewes, and Route 1 shopping and dining are just a short drive away, offering an abundance of entertainment and dining options.  Golf enthusiasts will delight in the proximity to The Rookery South Golf Course. 
Step into luxury and witness this marvelous property in person – don't miss this opportunity.   There is no
need to wait around for new construction and the potential delays – this coastal classic is ready for its
fortunate new owners today.

Last Agent to Sell the Property

Margaret Poisson

Century 21 Gold Key-Dover License #R3-0018979 Listed on: 08/07/2023

Century 21 Gold Key-Dover

Last Buyer's Agent

Daniel Dellegrotti

Compass License #RS-0023379

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,631

Year Built

  • Built in 2020

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 88.00 x 166.00
  • Property is zoned AR-1

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 6 Driveway Spaces
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,872 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • Metered Propane
  • Well
  • Tankless Water Heater
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 235-09.00-53.00

Community Details

Overview

  • $1,500 Capital Contribution Fee
  • Association fees include common area maintenance, health club, pool(s), recreation facility, road maintenance
  • Woodfield Preserve Subdivision
  • Property Manager

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,631

Year Built

Built in 2020

Lot Details

0

HOA Fees

$155 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Inclusions: All Appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2872
  • Living Area Sq Ft: 2872
  • Price Per Sq Ft: 225.97
  • Above Grade Finished Sq Ft: 2872
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22692

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Metered
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Tankless, Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public, Well

Condo/Co-op/Association

  • HOA Fees: 155.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Health Club, Pool(s), Recreation Facility, Road Maintenance
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1500.00

Schools

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

Lot Info

  • Lot Size Acres: 0.30
  • Lot Dimensions: 88.00 x 166.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 235-09.00-53.00
  • Close Date: 10/23/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Labella James William and Labella Karla B
Bought by
James W Labella Jr And Karla B Labella Revoca and Labella
Total Days on Market
30
Current Estimated Value
$595,909

Purchase Details

Listed on
Aug 7, 2023
Closed on
Oct 2, 2023
Sold by
Hubbard Vernon D and Hubbard Dale E
Bought by
Labella James William and Labella Karla B
Seller's Agent
Margaret Poisson
Century 21 Gold Key-Dover
Buyer's Agent
Daniel Dellegrotti
Compass
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%
Views
357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.31%
Original Mortgage
$512,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2021
Sold by
D R Horron Inc
Bought by
Hubbard Vernon D and Hubbard Dale E
Source: Public Records

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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
James W Labella Jr And Karla B Labella Revoca -- None Listed On Document
Labella James William $640,000 None Listed On Document
Hubbard Vernon D $494,390 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labella James William $512,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $640,000 -1.4% $223 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $649,000 -- $226 / 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 $1,631 $3,000 $3,000 $0
2023 $1,630 $3,000 $3,000 $0
2022 $1,573 $3,000 $3,000 $0
2021 $1,559 $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

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Map

Source: Bright MLS

MLS Number: DESU2045744

Bright MLS

APN: 2350900005300