NOT LISTED FOR SALE

24131 Heartleaf Rd Frankford, DE 19945

Estimated Value: $685,000 - $788,000

3 Beds
3 Baths
2,375 Sq Ft
$308/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $689,060 $290 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,250/month

38 Days on Market

Highlights

  • New Construction
  • Coastal Architecture
  • Great Room
  • Phillip C. Showell Elementary School Rated A-
  • Loft
  • Community Pool

About This Home

As of October 2023

Quick move-in ready home! Come visit Sweetbay! A neighborhood of 64 luxury single-family homes offering private, wooded homesites minutes from the sand in Frankford, DE. Sweetbay offers residents convenient access to the adventure, shopping, and dining of nearby Fenwick Island, Bethany Beach, and Ocean City, making it the perfect place to live, work & play.

Last Agent to Sell the Property

Michael Kennedy

(302) 381-7001 michael.kennedy@compass.com Compass License #RS-0024358 Listed on: 07/03/2023

Compass

Last Buyer's Agent

Bradley Smith

(484) 888-5697 bradley.smith@cbrealty.com Coldwell Banker Realty License #5015329

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Lot Dimensions are 100.00 x 100.00
  • Property is in excellent condition

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Coastal Architecture
  • Block Foundation
  • Batts Insulation

Interior Spaces

  • 2,375 Sq Ft Home
  • Property has 2 Levels
  • Great Room
  • Den
  • Loft
  • Crawl Space

Bedrooms and Bathrooms

Accessible Home Design

  • Doors with lever handles

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 220 Volts
  • 200+ Amp Service
  • Tankless Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 533-11.00-771.00

Community Details

Overview

  • Built by Foxlane Homes
  • Sweetbay Subdivision, Raleigh Floorplan
  • Property Manager

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,397

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$300 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Doors - Lever Handle(s)
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space, Block
  • Levels Count: 2
  • Room List: Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Great Room, Loft, Office, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Total Sq Ft: 2375
  • Living Area Sq Ft: 2375
  • Price Per Sq Ft: 282.10
  • Above Grade Finished Sq Ft: 2375
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • 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
  • Construction Materials: Batts Insulation
  • Construction Completed: No
  • 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, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, 220 Volts
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Dimensions: 100.00 x 100.00
  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Building Info

  • Builder Name: Foxlane Homes

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 533-11.00-771.00
  • Tax Lot: 24

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Oct 6, 2023
Sold by
Foxlane Homes At Sweetbay Llc
Bought by
Schermerhorn Bruce A and Masley Mark A
Seller's Agent
Michael Kennedy
Compass
Buyer's Agent
Bradley Smith
Coldwell Banker Realty
List Price
$669,990
Sold Price
$689,060
Premium/Discount to List
$19,070
2.85%
Views
80
Current Estimated Value
$730,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,929
Avg. Annual Appreciation
2.91%
Original Mortgage
$439,990
Outstanding Balance
$431,338
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$299,651
Source: Public Records

Range of Values:

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
Schermerhorn Bruce A $689,060 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schermerhorn Bruce A $439,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $689,060 +2.8% $290 / Sq Ft
07/03/2023 07/03/23 For Sale $669,990 -- $282 / 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 $1,397 $2,500 $2,500 $0
2024 $1,802 $2,500 $2,500 $0
2023 $1,776 $2,500 $2,500 $0
2022 $424 $2,500 $2,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Kennedy

    Seller's Agent in 2023

    Michael Kennedy

    Compass

    (302) 381-7001

    20 in this area

    640 Total Sales

    Michael Kennedy
    Section Image

  • B

    Buyer's Agent in 2023

    Bradley Smith

    Coldwell Banker Realty

    (484) 888-5697

    11 in this area

    41 Total Sales

    Bradley Smith
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2044002

Bright MLS

APN: 533-11.00-771.00

Delaware Sussex County Frankford 19945

24131 Heartleaf Rd, Frankford, DE

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes