Seller's Agent in 2025
Christopher Cohan
RE/MAX
(302) 222-2772
1 in this area
34 Total Sales
278 Otter Way Frederica, DE 19946
Riverview NeighborhoodEstimated Value: $426,000 - $476,701
5
Beds
3.5
Baths
3,229
Sq Ft
$138/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Central Heating and Cooling System
- Property is in very good condition
- 2 Car Attached Garage
About This Home
As of July 2025Welcome to 278 Otter Run, nestled in the peaceful community of Otter Run in Frederica! This spacious home is perfect for families or hosting guests, with five bedrooms and three and a half bathrooms. Inside, there’s so much to love—a front flex room, a cozy dining room, a kitchen with a great island, and a large living room complete with a natural gas fireplace. The first floor features stylish LVP flooring throughout, giving it a modern yet comfortable feel.
The finished walkout basement is a real treat! It includes a bedroom, a full bath, and tons of extra space that’s perfect for a home theater, gym, or whatever suits your lifestyle. And when you step outside, the backyard is ready for fun and relaxation with a large deck, a hot tub, and a fire pit—great for unwinding or entertaining friends and family. The spacious lot gives you plenty of room to garden, play, or soak up the peaceful surroundings.
Centrally located just minutes from Route One, this home offers quick access to restaurants and attractions. Head south for a short drive to the beautiful beaches of Lewes and Rehoboth, or head north to Dover and Wilmington.
This home is the perfect mix of comfort and convenience, with everything you need for modern living. Don’t wait to make 278 Otter Run your new home; get in touch today to schedule your private tour!
Last Agent to Sell the Property
(302) 678-4300 steve@delawarerealestate.com RE/MAX Horizons License #RS-0023947 Listed on: 05/08/2025
Last Buyer's Agent
Jessica Land
jessicalandhomes@yahoo.com Century 21 Gold Key-Dover
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,509
Year Built
- Built in 2005
Lot Details
- 23,827 Sq Ft Lot
- Lot Dimensions are 93.12 x 214.78
- Property is in very good condition
- Property is zoned AC
HOA Fees
- $22 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Contemporary Architecture
- Architectural Shingle Roof
- Concrete Perimeter Foundation
- Stick Built Home
Interior Spaces
- Property has 2 Levels
- Finished Basement
Bedrooms and Bathrooms
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Private Water Source
- Natural Gas Water Heater
- Gravity Septic Field
Community Details
- Otter Run Subdivision
Listing and Financial Details
- Tax Lot 1300-000
- Assessor Parcel Number SM-00-12104-01-1300-000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2025
Closed on
Jun 30, 2025
Sold by
Bought by
Seller's Agent
Christopher Cohan
RE/MAX Horizons
Buyer's Agent
Jessica Land
Century 21 Gold Key-Dover
List Price
$449,000
Sold Price
$449,000
Views
66
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
-$2,075
Avg. Annual Appreciation
-0.47%
Original Mortgage
$410,000
Interest Rate
0.0685%
Mortgage Type
VA
Purchase Details
Closed on
Oct 26, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,100
Interest Rate
0.0585%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $450,000 | None Listed On Document | ||
| $8,817 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $410,000 | ||
| Closed | $209,950 | ||
| Closed | $214,840 | ||
| Closed | $232,000 | ||
| Closed | $235,100 | ||
| Closed | $40,000,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $449,000 | 0.0% | $139 / Sq Ft |
| 05/20/2025 05/20/25 | Pending | -- | -- | -- |
| 05/08/2025 05/08/25 | For Sale | $449,000 | -- | $139 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,959 | $420,700 | $109,200 | $311,500 |
| 2024 | $1,924 | $420,700 | $109,200 | $311,500 |
| 2023 | $1,984 | $66,100 | $9,400 | $56,700 |
| 2022 | $1,789 | $66,100 | $9,400 | $56,700 |
| 2021 | $1,704 | $66,100 | $9,400 | $56,700 |
| 2020 | $1,749 | $66,100 | $9,400 | $56,700 |
| 2019 | $1,766 | $66,100 | $9,400 | $56,700 |
| 2018 | $1,749 | $67,000 | $9,400 | $57,600 |
| 2017 | $1,809 | $67,000 | $0 | $0 |
| 2016 | $1,626 | $67,000 | $0 | $0 |
| 2015 | $1,606 | $67,000 | $0 | $0 |
| 2014 | $1,584 | $67,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Cohan
-
J
Buyer's Agent in 2025
Jessica Land
Century 21 Gold Key-Dover
Map
Source: Bright MLS
MLS Number: DEKT2037260
APN: 8-00-12104-01-1300-000
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