NOT LISTED FOR SALE

22778 Red Bay Ln Milton, DE 19968

Estimated Value: $724,610 - $1,012,000

4 Beds
4.5 Baths
6,517 Sq Ft
$132/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $670,000 $103 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,714/month

6 Days on Market

Highlights

  • Gourmet Kitchen
  • View of Trees or Woods
  • Open Floorplan
  • Milton Elementary School Rated A
  • 0.77 Acre Lot
  • Deck

About This Home

As of March 2020

Looking for a custom built home with quality craftsmanship on a quiet, wooded lot in an established neighborhood? Introducing 22778 Red Bay Lane, a grand, three level home with four bedrooms, an office, sunroom, expansive wraparound decks, and walk out lower level. Light filled throughout, enter to find a stunning two story foyer that flows into the main level. Quality finishes and statement selections appear through the home including the floor to ceiling, stone fireplace in the great room, the circle shape inlayed in the windows throughout, the wrap around Granite countertop in the kitchen, the stacked stone wall in the media room on the lower level to name a few. Spanning approximately 6,500 sf this home shows a smart use of space that blends with the tree views offered on this lot. The first floor master bedroom is positioned on a corner offering ample light and access to the multi level deck. The second floor bedroom is positioned over the main level sunroom and both share a tree house view of the wooded back yard. The gourmet kitchen provides an ideal work space for culinary creations. Stainless steel appliances, wall oven, and built in pantry cabinets are just some of the kitchen's offerings. Adjoining breakfast room offers a casual dining option as well as sitting at the counter. The nearby formal dining room is perfect for entertaining a crowd. Large laundry area with miles of counterspace makes this a truly enjoyable and usable area. Four total bedrooms plus an office, and two flex rooms on the lower level offer plenty of space for family and friends. The fully finished, walk out, lower level is an invitation for fun. The main room is a Media room featuring a bar with a stacked stone wall, pool table or gaming table area, plus living space to enjoy a movie or the Big Game on the projector screen! The second out of three large rooms on this level is the playroom/game room with an expansive space for just about anything you can imagine plus it also opens to the patio shared with the Media room. The third large room on this level could be used as an exercise room, additional storage, or maybe even a WINE cellar! Full bathroom extends the usefulness of this living area. Enjoy the architectural details through out the interior and on the elevation of this home. Wrap around decks create an outdoor entertaining area that flows from the inside. Quiet location on a dead end lane in Reddenwood.

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 01/16/2020

RE/MAX Realty Group Rehoboth

Co-Listed By

Cyndi Marsh

(302) 363-5734 cyndi@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016264

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 01/16/2020

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,772

Year Built

  • Built in 2008

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 137.00 x 187.00
  • Stone Retaining Walls
  • Landscaped
  • No Through Street
  • Sprinkler System
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned AR-1 918

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 8 Open Parking Spaces
  • Side Facing Garage
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Bar
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Stone Fireplace
  • Gas Fireplace
  • Double Door Entry
  • Great Room
  • Formal Dining Room
  • Den
  • Game Room
  • Sun or Florida Room
  • Home Gym
  • Views of Woods
  • Monitored

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

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

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Patio
  • Play Equipment
  • Wrap Around Porch

Schools

  • H.O. Brittingham Elementary School
  • Mariner Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Propane
  • Well
  • Water Heater
  • Gravity Septic Field

Community Details

  • Hps Management HOA, Phone Number (302) 227-7878
  • Reddenwood Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 235-24.00-96.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,772

Year Built

Built in 2008

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Oven - Wall, Refrigerator, Stainless Steel Appliances, Trash Compactor, Washer - Front Loading, Water Heater
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Ceiling Fan(s), Crown Moldings, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Store/Office, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Double Entry
  • Foundation Details: Crawl Space
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Den, Breakfast Room, Sun/Florida Room, Exercise Room, Great Room, Laundry, Media Room, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Outside Entrance, Walkout Level
  • Laundry Type: Main Floor
  • Total Sq Ft: 6517
  • Living Area Sq Ft: 6517
  • Price Per Sq Ft: 168.92
  • Above Grade Finished Sq Ft: 4025
  • Below Grade Finished Sq Ft: 2492
  • Total Below Grade Sq Ft: 2492
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stone, Hardiplank Type
  • Exterior Features: Lawn Sprinkler, Play Equipment, Stone Retaining Walls
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • View: Trees/Woods
  • 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
  • Open Parking Spaces Count: 8
  • Parking Features: Circular Driveway, Concrete Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Zoned, Forced Air
  • Heating: Yes
  • Security: Monitored
  • Sewer/Septic System: Gravity Sept Fld
  • Utilities: Propane
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 195.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Name: HPS MANAGEMENT
  • HOA Phone: 302-227-7878
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: H.O. BRITTINGHAM
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: MARINER

Lot Info

  • Additional Parcels: No
  • Lot Features: Backs To Trees, Landscaping, No Thru Street
  • Lot Size Acres: 0.77
  • Lot Dimensions: 137.00 x 187.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33541.00
  • Outdoor Living Structures: Deck(s), Patio(s), Wrap Around
  • Property Condition: Very Good
  • Zoning: AR-1 918
  • 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: 5175598
  • School Tax: 2509.00
  • Tax Annual Amount: 2772.00
  • Assessor Parcel Number: 235-24.00-96.00
  • Tax Lot: 25
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Feb 28, 2020
Sold by
Crouch William Z and Crouch Stacey A
Bought by
Yongqin and Chen Karen
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$679,900
Sold Price
$670,000
Premium/Discount to List
-$9,900
-1.46%
Current Estimated Value
$860,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,653
Avg. Annual Appreciation
4.44%
Original Mortgage
$420,000
Outstanding Balance
$332,016
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$528,637
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yongqin $670,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yongqin $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2020 03/02/20 Sold $670,000 -1.5% $103 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $679,900 -- $104 / 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 $1,458 $58,950 $2,500 $56,450
2024 $2,906 $58,950 $2,500 $56,450
2023 $2,903 $58,950 $2,500 $56,450
2022 $2,802 $58,950 $2,500 $56,450
2021 $2,776 $58,950 $2,500 $56,450
2020 $2,767 $58,950 $2,500 $56,450
2019 $2,772 $58,950 $2,500 $56,450
2018 $2,589 $58,950 $0 $0
2017 $2,479 $58,950 $0 $0
2016 $2,355 $58,950 $0 $0
2015 $2,250 $58,950 $0 $0
2014 $2,234 $58,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU154156

Bright MLS

APN: 235-24.00-96.00