NOT LISTED FOR SALE

28047 King Farms Rd Laurel, DE 19956

Estimated Value: $428,371 - $463,000

3 Beds
2.5 Baths
1,852 Sq Ft
$241/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $389,850 $211 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,490/month

6 Days on Market

Highlights

  • New Construction
  • Deck
  • Main Floor Bedroom
  • Open Floorplan
  • Contemporary Architecture
  • Attic

About This Home

As of January 2023

SMALL NEW HOME COMMUNITY WITH COMCAST HIGH SPEED INTERNET & CABLE AVAILABLE!! LOT 37 - Unique opportunity to own a brand-new home in a small, exclusive subdivision bordered largely by Delaware Preserved Ag Land. Welcome to King Farms in Laurel – just minutes to Delaware Beaches!! This beautiful, contemporary rancher with optional second floor bonus room offers great space and room to grow with less than 90 days to completion!! Located on the desirable East Side of Laurel Delaware, this Turn-Key Land/Home includes upgraded finishes like granite counters in kitchen & baths, Stainless Steel/upgraded appliance package, Luxury Vinyl Plank flooring in living areas with carpet in bedrooms, plus much more. See attached spec sheet for more details. The home layout features an open floor plan with beautiful great room open to the spacious kitchen with tons of counter space, huge island, separate breakfast area & a spacious dining room/flex area just off the kitchen. The split bedroom plan features a lovely primary suite with an oversized walk-in closet & additional smaller closet, dual vanity sinks and separate tub & shower areas. Also on this side of the home you’ll find a huge mud/laundry room situated right off the 2 car attached garage and a powder room – the perfect location to clean up when coming in from working outside! On the opposite side of the home there are two additional amply sized bedrooms with oversized closets and a shared hall bath with tub/shower combo and a linen closet. The walk up to the second floor features an optional bonus space that could be finished with tons of potential for a private office, den, playroom, workout space or even another bedroom. Outside you'll love the beautiful front porch - perfect for rocking on those warm summer evenings and the huge back deck - perfect for grilling with plenty of space for seating too! All that, situated on almost an acre, leaves plenty of space to grow and enjoy the home without being on top of your neighbors and it’s a cul-de-sac lot!! Don't delay - this one won't last long!! INTERIOR PHOTOS ARE OF HOMES ALREADY BUILT IN THE COMMUNITY TO GIVE AN IDEA OF FINISHES AVAILABLE – THESE ARE NOT PHOTOS OF THE FINISHED PRODUCT! REMINDER: Address might not show on GPS yet so check out our directions or map to 13770 Johnson Road, Laurel, DE- development entrance is just past this address. Home is down on Left at end of King Farms Rd.

Last Agent to Sell the Property

Donna Harrington

(443) 783-3521 thgleads@outlook.com Coldwell Banker Realty License #RS-0019461 Listed on: 09/28/2022

Coldwell Banker Realty

Last Buyer's Agent

Justin Damadio

(443) 995-0526 Justin.IronValley@gmail.com Iron Valley Real Estate Ocean City License #5010054

Iron Valley Real Estate Ocean City

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 152.00 x 269.00
  • Cul-De-Sac
  • No Through Street
  • Cleared Lot
  • Property is in excellent condition

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 6 Driveway Spaces
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Formal Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Propane
  • Well
  • Tankless Water Heater
  • Low Pressure Pipe
  • On Site Septic
  • Cable TV Available

Community Details

  • $400 Capital Contribution Fee
  • Association fees include common area maintenance
  • King Farms Subdivision HOA, Phone Number (302) 855-0120
  • Built by Bay to Beach Exteriors
  • King Farms Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 37
  • Assessor Parcel Number 232-13.00-259.00

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 113 & 13
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: All kitchen appliances - Fridge, Stove, Dishwasher, Microwave
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Exhaust Fan, Oven/Range - Gas, Refrigerator, Water Heater - Tankless, Washer/Dryer Hookups Only
  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Island, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s)
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor, Hookup
  • Total Sq Ft: 2218
  • Living Area Sq Ft: 1852
  • Price Per Sq Ft: 210.31
  • Above Grade Finished Sq Ft: 1852
  • Above Grade Unfinished Sq Ft: 366
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Frame
  • Construction Completed: No
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Low Pressure Pipe (LPP), On Site Septic
  • Utilities: Cable Tv Available, Propane
  • Water Source: Well
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: KING FARMS SUBDIVISION
  • HOA Phone: 302-855-0120
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 400.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Cleared, No Thru Street
  • Lot Size Acres: 0.93
  • Lot Dimensions: 152.00 x 269.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40511.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Bay to Beach Exteriors

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 9650758
  • School Tax: 46.00
  • Tax Annual Amount: 50.00
  • Assessor Parcel Number: 232-13.00-259.00
  • Tax Lot: 37
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Jan 6, 2023
Sold by
Bierman Family Llc
Bought by
Hansen Bryan Robert and Hansen Celia Estelle
Seller's Agent
Donna Harrington
Coldwell Banker Realty
Buyer's Agent
Justin Damadio
Iron Valley Real Estate Ocean City
List Price
$389,500
Sold Price
$389,850
Premium/Discount to List
$350
0.09%
Views
97
Current Estimated Value
$445,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,743
Avg. Annual Appreciation
4.68%
Original Mortgage
$311,880
Outstanding Balance
$302,040
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$143,553
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hansen Bryan Robert $389,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Bryan Robert $311,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2023 01/06/23 Sold $389,850 +0.1% $211 / Sq Ft
09/28/2022 09/28/22 For Sale $389,500 -- $210 / 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 $1,356 $1,000 $1,000 $0
2024 $1,404 $1,000 $1,000 $0
2023 $1,599 $1,000 $1,000 $0
2022 $50 $1,000 $1,000 $0
2021 $50 $1,000 $1,000 $0
2020 $51 $1,000 $1,000 $0
2019 $51 $1,000 $1,000 $0
2018 $56 $1,000 $0 $0
2017 $54 $1,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2030104

Bright MLS

APN: 232-13.00-0259.00