Seller's Agent in 2024
Paul Townsend
Jack Lingo - Lewes
(302) 236-3212
212 in this area
227 Total Sales
Estimated Value: $756,000 - $1,367,583
4
Beds
5
Baths
5,836
Sq Ft
$178/Sq Ft
Est. Value
Highlights
- Bar or Lounge
- New Construction
- Craftsman Architecture
- Love Creek Elementary School Rated A
- Open Floorplan
- Clubhouse
About This Home
As of May 2024To be built. The Chesapeake is a 4 bedroom, 3 bathroom single family home starting at 3,383 heated square feet. This floor plan offers a first floor owner's suite with numerous options including additional bedrooms and bathrooms, living area extensions, finished basements, home theaters, multi-leveled courtyards and much more. Welches Pond is located in Lewes DE, set on 256 acres with a total of 247 homesites and includes protected wetlands. Conveniently located 5 miles from Lewes AND Rehoboth Beach, you are right in the middle of all that the Delaware beaches have to offer. Welches Pond will feature a clubhouse with pool, multi-sport court, pocket parks, and large community pavilion overlooking Love Creek. The monthly HOA fee is $295 a month and provides homesite lawn cutting, general community maintenance, and access to and up-keep of the amenities. Buyer shall pay one time fee of $1,000 to reserve fund and $1,000 to working capital contribution fund. For an on-site visit, a scheduled appointment is required.
Last Agent to Sell the Property
(302) 236-3212 paul@jgtownsend.com Jack Lingo - Lewes License #RA-0030987 Listed on: 09/28/2023
Last Buyer's Agent
(302) 236-3212 paul@jgtownsend.com Jack Lingo - Lewes License #RA-0030987 Listed on: 09/28/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,000
Year Built
- Built in 2024 | New Construction
Lot Details
- 0.25 Acre Lot
- Extensive Hardscape
- Property is in excellent condition
- Property is zoned AR-1
HOA Fees
- $295 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Front Facing Garage
Home Design
- Craftsman Architecture
- Coastal Architecture
- Contemporary Architecture
- Bump-Outs
- Frame Construction
- Blown-In Insulation
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
- Stick Built Home
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- Built-In Features
- Tray Ceiling
- Two Story Ceilings
- Recessed Lighting
- 1 Fireplace
- Dining Area
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Washer and Dryer Hookup
Kitchen
- Built-In Range
- Built-In Microwave
- ENERGY STAR Qualified Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Schools
- Love Creek Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Forced Air Heating and Cooling System
- Air Filtration System
- Vented Exhaust Fan
- 200+ Amp Service
- Tankless Water Heater
- Natural Gas Water Heater
- Phone Available
- Cable TV Available
Additional Features
- More Than Two Accessible Exits
- Brick Porch or Patio
Listing and Financial Details
- Assessor Parcel Number 334-12.00-1441.00
Community Details
Overview
- $1,000 Capital Contribution Fee
- Association fees include common area maintenance, lawn maintenance, pool(s), recreation facility, road maintenance, snow removal
- $1,000 Other One-Time Fees
- Built by Schell Brothers
- Welches Pond Subdivision, The Chesapeake Floorplan
Amenities
- Common Area
- Clubhouse
- Meeting Room
- Bar or Lounge
Recreation
- Tennis Courts
- Community Basketball Court
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2023
Closed on
May 22, 2024
Sold by
Schell Brothers Llc
Bought by
Sherstad Thomas and Sherstad Cheryl
Seller's Agent
Paul Townsend
Jack Lingo - Lewes
Buyer's Agent
Paul Townsend
Jack Lingo - Lewes
List Price
$716,900
Sold Price
$1,290,965
Premium/Discount to List
$574,065
80.08%
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$250,319
Avg. Annual Appreciation
-14.08%
Original Mortgage
$500,000
Outstanding Balance
$492,989
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$547,657
Purchase Details
Closed on
Jan 3, 2024
Sold by
Welches Pond Lp
Bought by
Schell Brothers Llc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sherstad Thomas | $1,290,965 | None Listed On Document | |
| Schell Brothers Llc | $147,500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sherstad Thomas | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/22/2024 05/22/24 | Sold | $1,290,965 | +80.1% | $221 / Sq Ft |
| 09/28/2023 09/28/23 | Pending | -- | -- | -- |
| 09/28/2023 09/28/23 | For Sale | $716,900 | -- | $123 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,229 | $0 | $0 | $0 |
| 2024 | $2,371 | $0 | $0 | $0 |
| 2023 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Townsend
Map
Source: Bright MLS
MLS Number: DESU2048986
APN: 334-12.00-1441.00
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