NOT LISTED FOR SALE

24963 Cypress Dr Georgetown, DE 19947

Estimated Value: $577,000 - $602,000

4 Beds
3 Baths
2,826 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $465,000 $165 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,196/month

73 Days on Market

Highlights

  • Craftsman Architecture
  • Main Floor Bedroom
  • Walk-In Closet
  • Two Story Ceilings
  • 2 Car Attached Garage
  • Recessed Lighting

About This Home

As of October 2022

Craftsman style home is 4 years new.... centrally located in Sussex County within a established neighborhood, Black Creek Cove.
Open floorplan, with 2 story ceilings in great room with barn doors at the sliding glass doors that lead to the back yard. The 4th bedroom is on second floor with a full bath and a bonus/game room.
Large kitchen with pantry is a plus, the owners suite is very roomy with walk in closet with double sinks and linen closet. Pull down attic stairs in the very spacious garage. Conditioned crawl space and irrigated front lawn are some of the extras at this property. Let this front porch welcome you home!!!!!

Last Agent to Sell the Property

Brenda Rambo

(302) 236-2660 brendarambo@remax.net RE/MAX Advantage Realty License #RS-0017172 Listed on: 06/24/2022

RE/MAX Advantage Realty

Co-Listed By

Trey Hardesty

(302) 337-3632 treyh@remax.net RE/MAX Advantage Realty

Last Buyer's Agent

Jennifer Elphick

(610) 805-1083 jennifer@theoldfathergroup.com Compass License #RS0037209

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,133

Year Built

  • Built in 2018

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 98.00 x 251.00
  • South Facing Home
  • Landscaped
  • Sprinkler System
  • Cleared Lot
  • Property is in excellent condition
  • Property is zoned AR-1

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Side Facing Garage

Home Design

  • Craftsman Architecture
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,826 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Open Floorplan
  • Dining Area
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Well
  • Tankless Water Heater
  • Gravity Septic Field

Community Details

  • Black Creek Cove Subdivision

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 133-03.00-68.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,133

Year Built

Built in 2018

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Central Vacuum, Dryer - Electric, Oven/Range - Electric, Disposal, Washer
  • Flooring Type: Carpet, Laminate Plank
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Kitchen - Island, Pantry, Recessed Lighting, Walk-In Closet(s), Central Vacuum
  • Fireplace: No
  • Wall Ceiling Types: 2 Story Ceilings, Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2826
  • Living Area Sq Ft: 2826
  • Price Per Sq Ft: 168.08
  • Above Grade Finished Sq Ft: 2826
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Exterior Lighting, Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • 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
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 26250.00
  • Land Assessed Value: 2500.00
  • Lot Features: Cleared, Landscaping
  • Lot Size Acres: 0.72
  • Lot Dimensions: 98.00 x 251.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31363.00
  • Property Condition: Excellent
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5100199
  • School Tax: 1005.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1133.00
  • Assessor Parcel Number: 133-03.00-68.00
  • Tax Lot: 59
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Oct 13, 2022
Sold by
Gray Grant
Bought by
Keller Raymond Walter
Seller's Agent
Brenda Rambo
RE/MAX Advantage Realty
Buyer's Agent
Jennifer Elphick
Compass
List Price
$515,000
Sold Price
$465,000
Premium/Discount to List
-$50,000
-9.71%
Views
23
Current Estimated Value
$583,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,600
Avg. Annual Appreciation
7.41%
Original Mortgage
$372,000
Outstanding Balance
$357,004
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$226,596

Purchase Details

Closed on
Jun 22, 2020
Sold by
Gray Grant and Gray Ashley
Bought by
Gray Grant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,910
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2018
Sold by
36 Builders Inc
Bought by
Gray Grant and Gray Ashley

Purchase Details

Closed on
Jan 12, 2018
Sold by
Parkada Investments Llc
Bought by
36 Builders Inc
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
Keller Raymond Walter $465,000 --
Gray Grant -- None Available
Gray Grant $344,182 --
36 Builders Inc -- --
36 Builders Inc $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keller Raymond Walter $372,000
Previous Owner Gray Grant $325,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2022 10/13/22 Sold $465,000 -2.1% $165 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
08/30/2022 08/30/22 Price Changed $475,000 -2.1% $168 / Sq Ft
08/12/2022 08/12/22 Price Changed $485,000 -2.8% $172 / Sq Ft
07/08/2022 07/08/22 Price Changed $499,000 -3.1% $177 / Sq Ft
06/24/2022 06/24/22 For Sale $515,000 -- $182 / 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 $1,007 $2,500 $2,500 $0
2024 $1,201 $2,500 $2,500 $0
2023 $1,200 $2,500 $2,500 $0
2022 $1,192 $2,500 $2,500 $0
2021 $1,157 $2,500 $2,500 $0
2020 $1,105 $2,500 $2,500 $0
2019 $1,101 $2,500 $2,500 $0
2018 $1,111 $28,750 $0 $0
2017 $95 $2,500 $0 $0
2016 $84 $2,500 $0 $0
2015 $87 $2,500 $0 $0
2014 $85 $2,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2024046

Bright MLS

APN: 133-03.00-68.00