NOT LISTED FOR SALE

24854 Rivers Edge Rd Millsboro, DE 19966

Estimated Value: $459,000 - $504,000

4 Beds
2.5 Baths
2,458 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $415,000 $169 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,738/month

2 Days on Market

Highlights

  • Fitness Center
  • 0.54 Acre Lot
  • Clubhouse
  • View of Trees or Woods
  • Colonial Architecture
  • Deck

About This Home

As of May 2021

Welcome to the desirable community of Stonewater Creek! Conveniently located to Millsboro and Lewes/Rehoboth Beach area attractions, this 4 Bedroom/2.5 Bathroom home is situated on a premium over 1/2 acre lot backing to a wooded buffer. This home has a living room area and a family room area that have been freshly painted, an open kitchen and has a 2 foot bumpout extension around the perimeter of the home. New carpet has been installed on the first floor and new kitchen flooring. Upstairs, you will find the four bedrooms and two full bathrooms. The crawlspace has plenty of room to store boxes and suitcases. Large trex deck with adjoining concrete patio. New tankless propane Rinnai heater (2020). Washer and dryer (2017), Dishwasher (2016) and Disposal (2018). The community has very low HOA fees and includes use of the club house, community center, exercise room, outdoor pool and tennis courts. Schedule your showing today- this property is the only current listing in the community and it will not last long!

Last Agent to Sell the Property

Molly Bayard

(302) 381-0839 mbayard929@gmail.com Jack Lingo - Rehoboth License #RS-0022070 Listed on: 03/20/2021

Jack Lingo - Rehoboth

Last Buyer's Agent

Frank Hornstein

(302) 213-3868 frankhornstein1@gmail.com Iron Valley Real Estate at The Beach

Iron Valley Real Estate at The Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,185

Year Built

  • Built in 2010

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 94.00 x 221.00
  • Premium Lot
  • Sprinkler System
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is in good condition
  • Property is zoned AR-1

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Bump-Outs
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,458 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Views of Woods
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Deck
  • Play Equipment

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 225
  • Assessor Parcel Number 234-17.00-582.00

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, management, pool(s), recreation facility, reserve funds, snow removal
  • Stonewater Creek Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,185

Year Built

Built in 2010

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Inclusions: All appliances, extra fridge
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2010
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Dining, Family Room Off Kitchen, Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2458
  • Living Area Sq Ft: 2458
  • Price Per Sq Ft: 168.84
  • Above Grade Finished Sq Ft: 2458
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Bump-Outs, Lawn Sprinkler, Play Equipment, Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Exercise Room, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced

Fee Information

  • Capital Contribution Fee: 500.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Backs To Trees, Partly Wooded, Premium, Trees/Wooded
  • Lot Size Acres: 0.54
  • Lot Dimensions: 94.00 x 221.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23522.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1045.00
  • Tax Annual Amount: 1185.00
  • Assessor Parcel Number: 234-17.00-582.00
  • Tax Lot: 225
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
May 17, 2021
Sold by
Ford Kevin M and Ford Renea E
Bought by
Kennedy John E and Kennedy Lucia C
Seller's Agent
Molly Bayard
Jack Lingo - Rehoboth
Buyer's Agent
Frank Hornstein
Iron Valley Real Estate at The Beach
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$489,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,270
Avg. Annual Appreciation
3.55%
Original Mortgage
$265,000
Outstanding Balance
$239,781
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$247,336

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jun 8, 2016
Sold by
Bilinski Luanne M and Bilinski Thomas J
Bought by
Ford Kevin Michael and Ford Renea Elizabeth
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Rhonda Lerner
Long & Foster Real Estate, Inc.
List Price
$309,900
Sold Price
$309,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$63,600
Interest Rate
3.56%

Purchase Details

Closed on
Nov 8, 2010
Bought by
Bilinski Thomas J Sr Luanne M Bilin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kennedy John E $415,000 None Available
Ford Kevin Michael $309,900 None Available
Bilinski Thomas J Sr Luanne M Bilin $268,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy John E $265,000
Previous Owner Bilinski Thomas J Sr Luanne M Bilin $63,600
Previous Owner Ford Kevin Michael $304,286
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2021 05/17/21 Sold $415,000 0.0% $169 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $415,000 +33.9% $169 / Sq Ft
06/08/2016 06/08/16 Sold $309,900 0.0% $126 / Sq Ft View Prior Sale
04/09/2016 04/09/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $309,900 -- $126 / 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 $874 $31,500 $5,000 $26,500
2024 $1,326 $31,500 $5,000 $26,500
2023 $1,325 $31,500 $5,000 $26,500
2022 $1,304 $31,500 $5,000 $26,500
2021 $1,266 $31,500 $5,000 $26,500
2020 $1,209 $31,500 $5,000 $26,500
2019 $1,204 $31,500 $5,000 $26,500
2018 $1,215 $31,500 $0 $0
2017 $1,225 $31,500 $0 $0
2016 $1,082 $31,500 $0 $0
2015 $1,115 $31,500 $0 $0
2014 $1,098 $31,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU179532

Bright MLS

APN: 234-17.00-582.00