NOT LISTED FOR SALE

228 N Flack Ave Frederica, DE 19946

Estimated Value: $418,120 - $573,000

3 Beds
2 Baths
1,367 Sq Ft
$349/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $300,000 $219 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,612/month

Highlights

  • Water Views
  • Water Oriented
  • Contemporary Architecture
  • Parking available for a boat
  • Deck
  • 2 Fireplaces

About This Home

As of November 2017

Look! Tides in...Built based on a Chesapeake Bay Lighthouse, a 2 year young 3 bedroom, 2 full bath beach getaway. The center entry hall provides access to the entire home without undo traffic through other rooms. Entertaining is a breeze with the spacious living area and eat-in kitchen with stainless steel appliances. Living room boasts wood laminate flooring and propane fireplace. Stroll out to 1st floor deck that wraps 3/4 of the way around to enjoy your morning coffee or sunset beverage and catch a glimpse of the passing boats and local beach wildlife. First floor laundry room contains on demand hot water heater and enough storage space to use as a pantry. Two additional bedrooms and full bath with double vanity and tub/shower combo complete the first floor. Second floor offers the main bedroom suite with full bath, walk in closet and gas fireplace. Beautiful view of the Bay from the Widow's Peak or relax on your own personal deck. Solar panels provide energy reducing electric costs. Flooded with sunshine, tall, streamlined windows let inside and out flow as one. Boat or trailer storage is one of the many exterior features along with common area paths to the beach.

Last Agent to Sell the Property

Mike Allabaugh

(302) 531-8030 mallabaugh@psre.com Patterson-Schwartz-Dover Listed on: 06/15/2017

Patterson-Schwartz-Dover

Last Buyer's Agent

Debra Seramone

(302) 275-3841 deb@dasrealtor.com Compass License #RS298444

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $940

Year Built

  • Built in 2015

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100 x 100
  • Level Lot
  • Property is in good condition

Home Design

  • Contemporary Architecture
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,367 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Living Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • 3 Attached Carport Spaces
  • Parking available for a boat

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Deck
  • Exterior Lighting

Utilities

  • Cooling System Utilizes Bottled Gas
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • 200+ Amp Service
  • Well
  • Propane Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Bowers Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number SM-01-11513-01-0302-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$940

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: Range,Refrigerator,D/W,Microwave,Deck Furniture,Kit Table W/Chairs
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2015
  • Remarks Public: Look! Tides in...Built based on a Chesapeake Bay Lighthouse, a 2 year young 3 bedroom, 2 full bath beach getaway. The center entry hall provides access to the entire home without undo traffic through other rooms. Entertaining is a breeze with the spacious living area and eat-in kitchen with stainless steel appliances. Living room boasts wood laminate flooring and propane fireplace. Stroll out to 1st floor deck that wraps 3/4 of the way around to enjoy your morning coffee or sunset beverage and catch a glimpse of the passing boats and local beach wildlife. First floor laundry room contains on demand hot water heater and enough storage space to use as a pantry. Two additional bedrooms and full bath with double vanity and tub/shower combo complete the first floor. Second floor offers the main bedroom suite with full bath, walk in closet and gas fireplace. Beautiful view of the Bay from the Widow's Peak or relax on your own personal deck. Solar panels provide energy reducing electric costs. Flooded with sunshine, tall, streamlined windows let inside and out flow as one. Boat or trailer storage is one of the many exterior features along with common area paths to the beach.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Pilings
  • Room Count: 6
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1367
  • Living Area Sq Ft: 1367
  • Net Sq Ft: 1367.00
  • Price Per Sq Ft: 233.36
  • Above Grade Finished Sq Ft: 1367
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 228

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Exterior Features: Satellite Dish, Exterior Lighting, Boat Storage
  • Roof: Pitched, Shingle
  • View: Water
  • View: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Attached Carport Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Carport

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric, Bottled Gas/Propane, Solar
  • Heating Type: Electric, Solar Active/Passive, Forced Air
  • Heating: Yes
  • Hot Water: Propane, Instant Hot Water
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: LAKE FOREST
  • School District Key: 300200396886

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100 X 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Outdoor Living Structures: Deck(s), Roof
  • Property Attached Yn: No
  • Property Condition: Good

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 6882802
  • Tax Annual Amount: 940.00
  • Assessor Parcel Number: SM-01-11513-01-0302-00001
  • Tax Year: 2016
  • Close Date: 11/29/2017

MLS Schools

  • School District Name: LAKE FOREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2017
Closed on
Nov 29, 2017
Sold by
Why Herbert S
Bought by
Summerall Norman and Summerall Renee
Seller's Agent
Mike Allabaugh
Patterson-Schwartz-Dover
Buyer's Agent
Debra Seramone
Compass
List Price
$329,000
Sold Price
$300,000
Premium/Discount to List
-$29,000
-8.81%
Current Estimated Value
$477,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,280
Avg. Annual Appreciation
6.04%
Original Mortgage
$270,000
Outstanding Balance
$226,963
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$250,317

Purchase Details

Closed on
Dec 10, 2013
Sold by
First Lite Llc
Bought by
Why Herbert S

Purchase Details

Closed on
Jun 14, 2011
Sold by
Del Homes Inc
Bought by
First Lite Llc
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
Summerall Norman $300,000 None Available
Why Herbert S $68,500 None Available
First Lite Llc $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summerall Norman $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2017 11/29/17 Sold $300,000 -6.0% $219 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
07/18/2017 07/18/17 Price Changed $319,000 -3.0% $233 / Sq Ft
06/15/2017 06/15/17 For Sale $329,000 -- $241 / 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 $1,370 $382,000 $137,200 $244,800
2024 $1,370 $382,000 $137,200 $244,800
2023 $937 $39,800 $5,300 $34,500
2022 $837 $39,800 $5,300 $34,500
2021 $791 $39,800 $5,300 $34,500
2020 $825 $39,800 $5,300 $34,500
2019 $826 $39,800 $5,300 $34,500
2018 $817 $39,800 $5,300 $34,500
2017 $194 $39,800 $0 $0
2016 $917 $38,400 $0 $0
2015 $75 $3,900 $0 $0
2014 $73 $3,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000366867

Bright MLS

APN: 8-01-11513-01-0302-000