$509,700
SOLD SEP 14, 2022
4 Beds
4.5 Baths
5,688 Sq Ft
0.45 Acres

Recently Sold

$90 Per Sq Ft

8% Below List Price

60 Days on Market

Highlights

  • 110 Feet of Waterfront
  • Clubhouse
  • Community Pool
  • Colonial Architecture
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of September 2022

Major price reduction! Lovely Colonial on a pond in the sought after neighborhood of The Trails of Beaver Creek. A little elbow grease will help this property shine! This home offers incredible space with plenty of room for family and friends! The entry offers formal living and dining rooms, where the back offers the hub of the home with a large kitchen with pantry, family room with fireplace, breakfast room with lots of windows, a private office that you enter through double doors, a screen porch, and a multi level deck overlooking the pond. The second floor offers the huge master suite with a sitting area, large main space for bedroom furniture, 2 walk in closets and a grand entry in to the master bath with separate vanities, jetted tub, and separate shower. Bedroom 2 has it's own private bath, while bedrooms 3 & 4 share a Jack & Jill bathroom. The basement is partially finished with a large open finished space, 2 additional finished rooms, a full bathroom, and 2 unfinished storage areas. Property sold in AS IS condition. This property MAY qualify for Seller Financing (Vendee). Sellers Disclosures: If property was built prior to 1978, Lead Based Paint Potentially Exists. There was/were previous leak(s) at the egress window in the basement. Due to discoloration: an area of the kitchen ceiling drywall was removed, area treated with an anti-microbial, rebuilt, and kilzed.

Last Agent to Sell the Property

Joseph Larrimore

Classic Realty Listed on: 05/09/2022

Last Buyer's Agent

Donald Schlater

Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,475

Year Built

  • Built in 2006

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 112.00 x 226.00
  • 110 Feet of Waterfront
  • Property is zoned AR-1

HOA Fees

  • $128 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Outdoor Features

  • Water Access
  • Property is near a pond

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 235-30.00-359.00

Community Details

Overview

  • Association fees include pool(s)
  • $300 Other One-Time Fees
  • Trails Of Beaver Creek Subdivision
  • Property Manager

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,475

Year Built

Built in 2006

Lot Details

0

HOA Fees

$128 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Major price reduction! Lovely Colonial on a pond in the sought after neighborhood of The Trails of Beaver Creek. A little elbow grease will help this property shine! This home offers incredible space with plenty of room for family and friends! The entry offers formal living and dining rooms, where the back offers the hub of the home with a large kitchen with pantry, family room with fireplace, breakfast room with lots of windows, a private office that you enter through double doors, a screen porch, and a multi level deck overlooking the pond. The second floor offers the huge master suite with a sitting area, large main space for bedroom furniture, 2 walk in closets and a grand entry in to the master bath with separate vanities, jetted tub, and separate shower. Bedroom 2 has it's own private bath, while bedrooms 3 & 4 share a Jack & Jill bathroom. The basement is partially finished with a large open finished space, 2 additional finished rooms, a full bathroom, and 2 unfinished storage areas. Property sold in AS IS condition. This property MAY qualify for Seller Financing (Vendee). Sellers Disclosures: If property was built prior to 1978, Lead Based Paint Potentially Exists. There was/were previous leak(s) at the egress window in the basement. Due to discoloration: an area of the kitchen ceiling drywall was removed, area treated with an anti-microbial, rebuilt, and kilzed.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Total Sq Ft: 5688
  • Living Area Sq Ft: 5688
  • Price Per Sq Ft: 138.11
  • Above Grade Finished Sq Ft: 3792
  • Below Grade Finished Sq Ft: 1896
  • Total Below Grade Sq Ft: 1896
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27235

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No
  • Water Frontage In Feet: 110

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 385.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 300.00
  • Other Fees Frequency: One Time

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.45
  • Lot Dimensions: 112.00 x 226.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19602.00
  • Year Assessed: 2021
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5177331
  • School Tax: 2241.00
  • Tax Annual Amount: 2475.00
  • Assessor Parcel Number: 235-30.00-359.00
  • Tax Lot: 30
  • Tax Total Finished Sq Ft: 3792
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/14/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Sep 14, 2022
Sold by
Secretary Of Veterans Affairs
Bought by
Louis Franchiny and Louis Sunette
Seller's Agent
Joseph Larrimore
Classic Realty
Buyer's Agent
Donald Schlater
Berkshire Hathaway HomeServices PenFed Realty
List Price
$551,250
Sold Price
$509,700
Premium/Discount to List
-$41,550
-7.54%
Current Estimated Value
$633,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,401
Avg. Annual Appreciation
6.82%
Original Mortgage
$349,000
Outstanding Balance
$335,130
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$279,638

Purchase Details

Closed on
Oct 9, 2019
Sold by
Lee Robert T
Bought by
Pennymac Loan Services

Purchase Details

Listed on
Feb 7, 2014
Closed on
May 20, 2015
Bought by
Preston Christopher T
Seller's Agent
Russell Griffin
Keller Williams Realty
Buyer's Agent
Gregory Sizemore
RE/MAX Advantage Realty
List Price
$383,000
Sold Price
$383,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Nov 22, 2013
Sold by
Christopher Jeffrey
Bought by
Sussex County Federal Credit Union
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $509,700 --
Deed $388,520 --
Interfamily Deed Transfer -- --
Sheriffs Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $349,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $509,700 0.0% $90 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/05/2022 07/05/22 Off Market $509,700 -- --
06/09/2022 06/09/22 Price Changed $523,700 -5.0% $92 / Sq Ft
05/09/2022 05/09/22 For Sale $551,250 +43.9% $97 / Sq Ft
05/22/2015 05/22/15 Sold $383,000 0.0% $96 / Sq Ft
02/04/2015 02/04/15 Pending -- -- --
02/07/2014 02/07/14 For Sale $383,000 -- $96 / 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
2024 $2,590 $52,550 $4,000 $48,550
2023 $2,588 $52,550 $4,000 $48,550
2022 $2,498 $52,550 $4,000 $48,550
2021 $2,475 $52,550 $4,000 $48,550
2020 $2,467 $52,550 $4,000 $48,550
2019 $2,471 $52,550 $4,000 $48,550
2018 $2,308 $52,550 $0 $0
2017 $2,210 $52,550 $0 $0
2016 $2,099 $52,550 $0 $0
2015 $1,832 $52,550 $0 $0
2014 $1,792 $52,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2021542

Bright MLS

APN: 235-30.00-359.00