NOT LISTED FOR SALE

Estimated Value: $704,000 - $776,000

4 Beds
3 Baths
3,691 Sq Ft
$201/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2021

Last sale price $644,541 $175 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,340 / mo

Highlights

  • Pier or Dock
  • New Construction
  • Open Floorplan
  • Fitness Center
  • Eat-In Gourmet Kitchen
  • Community Lake

About This Home

As of September 2021

The wonderful Chesapeake model home offers on the first level, an owners suite with owners bathroom with tiled stall shower with frameless door, two walk-in closets and a flex room, a large great room, amazing gourmet kitchen with wall oven, upgraded counters, an island, cooktop , dining area and a second bedroom and full bathroom plus a half bath and laundry/mud room off of the two car garage. On the second level are two more bedrooms with a full bathroom, a loft area, walk-in closets and a large storage area. This home has an unfinished basement included in the price along with numerous upgrades such as, an upgraded elevation, upgraded counters, stainless appliances, upgraded hardwood floors in great room and foyer plus more. Peninsula Lakes offers a rare opportunity to live the lake life in a peaceful setting with homesites surrounded by sparkling lakes and mature woods in a fun, active resort-style setting. Peninsula Lakes features 11 thoughtfully planned lakes, walking trails and community amenities that include a resort-style clubhouse, fitness center and outdoor pool with splash pad, pickle ball courts, fishing pier, dog park, your summer will be a breeze at Peninsula Lakes. Lounge on shaded verandas and elevated patios that overlook the lake or enjoy a relaxing evening with friends and family at the patio bar and lounge. It is located in Millsboro DE, just a few miles from Lewes and Rehoboth Beach and all the wonderful restaurants and shopping the area has to offer. The homesites are approximately 1/4 acre and range from 7,500 sq. ft. to 11,000 sq. ft. HOA Fees are $150 per month. The fees will include access to all amenities, snow removal for the community roads, trash removal and lawn maintenance (grass cutting) for each residence and maintenance of the common areas. Property taxes typically range from $1,000 to $2,000 per year (yes, per year, not per month). We know that seems too low to be true ;). Delaware also has no sales tax and consistently ranks in the top 5 for the most tax-friendly states.

Last Agent to Sell the Property

TONI SCHROCK

(302) 947-9100 toni@theschrockstars.com Northrop Realty License #RS-0022818 Listed on: 10/01/2021

Northrop Realty

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Property is in excellent condition

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Poured Concrete
  • Blown-In Insulation
  • Batts Insulation
  • Pitched Roof
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stick Built Home
  • Asphalt

Interior Spaces

  • 3,691 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • 1 Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Washer and Dryer Hookup
  • Attic
  • Unfinished Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 234-29.00-1615.00

Community Details

Overview

  • $1,500 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, pier/dock maintenance, pool(s), reserve funds, road maintenance, snow removal, trash
  • Built by Schell Brothers
  • Peninsula Lakes Subdivision, Chesapeake 2 Floorplan
  • Community Lake

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Pier or Dock
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

0 Sq Ft Lot

HOA Fees

$150 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2021
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer/Dryer Hookups Only, Water Heater - Tankless
  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Carpet, Combination Kitchen/Dining, Combination Kitchen/Living, Combination Dining/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s), Wood Floors, Attic, Pantry, Recessed Lighting, Stall Shower, Tub Shower, Wine Storage
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings, High
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished, Poured Concrete
  • Total Sq Ft: 3691
  • Living Area Sq Ft: 3691
  • Price Per Sq Ft: 174.63
  • Above Grade Finished Sq Ft: 3691
  • 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, Batts Insulation, Asphalt, Blown-In Insulation, Concrete, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Architectural Shingle, Pitched
  • 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, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Exercise Room, Jog/Walk Path, Lake, Pier/Dock, Pool - Outdoor, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Concrete, In Ground

Fee Information

  • Capital Contribution Fee: 1500.00

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Building Info

  • Builder Name: Schell Brothers

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5840081
  • Assessor Parcel Number: 234-29.00-1615.00
  • Tax Year: 2021

MLS Schools

  • School District Name: INDIAN RIVER

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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
Oct 1, 2021
Closed on
Sep 30, 2021
Sold by
Bought by
Seller's Agent
TONI SCHROCK
Northrop Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$644,541
Sold Price
$644,541
Current Estimated Value
$741,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,357
Avg. Annual Appreciation
2.95%
Original Mortgage
$395,000
Outstanding Balance
$352,295
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$389,603

Purchase Details

Closed on
Mar 17, 2021
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$644,541 None Available
$87,500 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
Open $395,000
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
10/01/2021 10/01/21 For Sale $644,541 0.0% $175 / Sq Ft
09/30/2021 09/30/21 Sold $644,541 -- $175 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
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 $1,397 $5,000 $5,000 $0
2024 $2,437 $5,000 $5,000 $0
2023 $2,434 $5,000 $5,000 $0
2022 $2,395 $5,000 $5,000 $0
2021 $197 $5,000 $5,000 $0
2020 $188 $5,000 $5,000 $0
2019 $187 $5,000 $5,000 $0
2018 $0 $5,000 $0 $0
2017 $191 $5,000 $0 $0
2016 -- $5,000 $0 $0
2015 -- $5,000 $0 $0
2014 -- $5,000 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: DESU2007652

Bright MLS

APN: 234-29.00-1615.00

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