NOT LISTED FOR SALE

22763 Red Bay Ln Milton, DE 19968

Estimated Value: $651,000 - $702,000

4 Beds
2.5 Baths
3,250 Sq Ft
$208/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $535,000 $165 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,727/month

35 Days on Market

Highlights

  • 0.74 Acre Lot
  • Coastal Architecture
  • Partially Wooded Lot
  • Milton Elementary School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of December 2021

Situated on a spacious corner homesite with the peaceful backdrop of mature trees and landscaping, this home epitomizes the charm of the Reddenwood community. As soon as you drive up to this home you will immediately fall in love with the large driveway, the side entry garage and the inviting covered front porch with stone detail. Walking through the front door you'll appreciate the open concept layout with the front of the home featuring the dining room which is open to both the kitchen and the great room. The white and bright kitchen is great for entertaining and even has a breakfast nook in it. The lefthand side of the home features two guest bedrooms and the guest bathroom, while the righthand side of the home features the owner's suite and private ensuite equipped with a double vanity, separate soaking tub and walk-in tiled shower. The laundry/mud room leads you out to the garage which features ample storage. The second floor features a large loft area which overlooks the great room, as well as an expansive unfinished storage area. As an added bonus there is another bedroom, sitting area and half bath that is roughed-in for a shower and could easily be added later. This homesite is incredibly private which is great for when you want to relax on the low maintenance deck or the screened in gazebo! This home even comes with a storage shed. Showings start on Saturday so free up your weekend calendar and schedule your private tour! The septic system is permitted for a 3 bedroom home even though there is an additional bedroom that can be utilized on the 2nd floor.

Last Agent to Sell the Property

Michael Kennedy

(302) 381-7001 michael.kennedy@compass.com Compass License #RS-0024358 Listed on: 10/13/2021

Compass

Last Buyer's Agent

Adam Linder

(302) 519-8894 adamlinder@northroprealty.com Northrop Realty License #RS-0022116

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 2007

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 107.00 x 270.00
  • Corner Lot
  • Partially Wooded Lot
  • Property is zoned AR-1

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 6 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Blown-In Insulation
  • Batts Insulation
  • Architectural Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Loft
  • Storage Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Accessible Home Design

  • Doors are 32 inches wide or more

Outdoor Features

  • Deck
  • Screened Patio
  • Gazebo
  • Shed
  • Outbuilding

Schools

  • Cape Henlopen High School

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Underground Utilities
  • 200+ Amp Service
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Gravity Septic Field

Community Details

  • Association fees include common area maintenance, reserve funds, road maintenance, snow removal
  • Reddenwood Homeowners Assoc HOA
  • Reddenwood Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 235-24.00-85.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,764

Year Built

Built in 2007

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2007
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Gas, Refrigerator, Washer/Dryer Hookups Only, Water Heater - Tankless
  • Flooring Type: Carpet, Ceramic Tile, Laminated, Hardwood
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Eat-In, Recessed Lighting, Walk-In Closet(s)
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Foyer, Breakfast Room, Great Room, Laundry, Loft, Storage Room, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 4150
  • Living Area Sq Ft: 3250
  • Price Per Sq Ft: 169.23
  • Above Grade Finished Sq Ft: 3250
  • Above Grade Unfinished Sq Ft: 900
  • 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: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Gazebo, Shed
  • Construction Materials: Batts Insulation, Blown-In Insulation
  • Exterior Features: Outbuilding(s)
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Geothermal
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Geo-Thermal
  • Heating: Yes
  • Hot Water: Propane, Tankless
  • Security: Smoke Detector
  • Sewer/Septic System: Gravity Sept Fld
  • Utilities: Under Ground
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 190.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Reserve Funds, Road Maintenance, Snow Removal
  • HOA Name: REDDENWOOD HOMEOWNERS ASSOC
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent
  • High School: CAPE HENLOPEN

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Corner, Partly Wooded
  • Lot Size Acres: 0.74
  • Lot Dimensions: 107.00 x 270.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32234.00
  • Outdoor Living Structures: Deck(s), Screened
  • Zoning: AR-1
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5175586
  • School Tax: 1597.00
  • Tax Annual Amount: 1764.00
  • Assessor Parcel Number: 235-24.00-85.00
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Dec 29, 2021
Sold by
Patrick-Abel Alexander S and Reid-Abel Rachel M
Bought by
Vietri Louis and Vietri Janet
Seller's Agent
Michael Kennedy
Compass
Buyer's Agent
Adam Linder
Northrop Realty
List Price
$554,999
Sold Price
$535,000
Premium/Discount to List
-$19,999
-3.6%
Current Estimated Value
$674,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,426
Avg. Annual Appreciation
6.05%
Original Mortgage
$428,000
Outstanding Balance
$394,145
Interest Rate
3.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$280,281

Purchase Details

Listed on
Jan 8, 2019
Closed on
Mar 21, 2019
Sold by
Sally K Plum Ret
Bought by
Patrick-Abel Alexander S and Reid-Abel Rachel M
Seller's Agent
Kevin Thawley
RE/MAX Advantage Realty
Buyer's Agent
Michael Kennedy
Compass
List Price
$339,900
Sold Price
$350,000
Premium/Discount to List
$10,100
2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.55%
Original Mortgage
$350,000
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Dec 3, 2018
Sold by
Plum Sally K
Bought by
John R & S K Plum Ret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vietri Louis $535,000 None Available
Patrick-Abel Alexander S $350,000 --
John R & S K Plum Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vietri Louis $428,000
Previous Owner Patrick-Abel Alexander S $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2021 12/29/21 Sold $535,000 -2.7% $165 / Sq Ft
10/27/2021 10/27/21 Price Changed $549,999 -0.9% $169 / Sq Ft
10/13/2021 10/13/21 For Sale $554,999 +58.6% $171 / Sq Ft
03/25/2019 03/25/19 Sold $350,000 0.0% $140 / Sq Ft View Prior Sale
01/17/2019 01/17/19 Pending -- -- --
01/17/2019 01/17/19 Price Changed $350,000 +3.0% $140 / Sq Ft
01/08/2019 01/08/19 For Sale $339,900 -- $136 / 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 $1,389 $37,450 $2,500 $34,950
2024 $1,846 $37,450 $2,500 $34,950
2023 $1,844 $37,450 $2,500 $34,950
2022 $1,780 $37,450 $2,500 $34,950
2021 $1,764 $37,450 $2,500 $34,950
2020 $1,758 $37,450 $2,500 $34,950
2019 $1,361 $37,450 $2,500 $34,950
2018 $1,245 $37,450 $0 $0
2017 $1,375 $37,450 $0 $0
2016 $1,246 $37,450 $0 $0
2015 $1,429 $37,450 $0 $0
2014 $1,419 $37,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2000459

Bright MLS

APN: 235-24.00-85.00