NOT LISTED FOR SALE

31525 Deep Pond Ln Frankford, DE 19945

Estimated Value: $496,000 - $511,000

3 Beds
2 Baths
1,935 Sq Ft
$261/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $469,990 $243 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,875/month

124 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Jogging Path
  • Lord Baltimore Elementary School Rated A-
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of February 2024

NEW HOME, READY NOW! CORNER LOT! Located in Frankford, DE, Milos Haven is a masterplan community of new single-family and villa-style homes with a large selection of floorplans to choose from. Homeowners will enjoy a tranquil setting surrounded by nature while still being close by to entertainment, shopping, restaurants, and the beaches! Mature woodlands surround the community tucked away on a quiet back road. Amenities will include a community swimming pool. This Newport design features a contemporary open layout in the Great Room, kitchen and breakfast area with sliding glass doors that flow out to the outdoor living area including a covered deck and a stone gas fireplace. Near the foyer are two comfortable guest bedrooms, while the owner’s suite is tucked away in the back of the home for maximum privacy. Upstairs will include a cozy bonus space and full bathroom perfect for movie night or Sunday football games. Homesite is featured on a corner lot. Builder offering special closing incentives with use of Lennar Mortgage and SPN Title. PHOTOS ARE OF A DECORATED MODEL

Last Agent to Sell the Property

Brian Barrows

(302) 228-0204 brian@barrowsandassoc.com Monument Sotheby's International Realty License #RA-0020621 Listed on: 10/02/2023

Monument Sotheby's International Realty

Co-Listed By

Kyle Hagan

(302) 743-5641 kyle@barrowsandassoc.com Monument Sotheby's International Realty

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $279

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,500 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned GR

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Stick Built Home

Interior Spaces

  • 1,935 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • 60+ Gallon Tank

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 134-18.00-233.00

Community Details

Overview

  • Built by Lennar
  • Milos Haven Subdivision, Newport Floorplan

Recreation

  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$279

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$112 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2023
  • Automatically Close On Close Date: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1935
  • Living Area Sq Ft: 1935
  • Price Per Sq Ft: 253.22
  • Above Grade Finished Sq Ft: 1935
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31525

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Construction Completed: No
  • 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
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 112.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Jog/Walk Path
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: GR
  • In City Limits: No

Building Info

  • Builder Name: Lennar

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 249.00
  • Tax Annual Amount: 279.00
  • Assessor Parcel Number: 134-18.00-233.00
  • Tax Lot: 37
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 02/29/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Feb 29, 2024
Sold by
Lennar
Bought by
Silver Michael Allen and Silver Joy Estelle
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$541,490
Sold Price
$469,990
Premium/Discount to List
-$71,500
-13.2%
Views
89
Current Estimated Value
$504,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,084
Avg. Annual Appreciation
4.33%
Original Mortgage
$351,717
Outstanding Balance
$345,834
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$158,240
Source: Public Records

Range of Values:

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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
Silver Michael Allen $469,990 Spn Title Services
Silver Michael Allen $469,990 Spn Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silver Michael Allen $351,717
Closed Silver Michael Allen $351,717
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $469,990 -4.1% $243 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/05/2024 01/05/24 Price Changed $489,990 -2.0% $253 / Sq Ft
11/15/2023 11/15/23 Price Changed $499,999 -7.7% $258 / Sq Ft
10/02/2023 10/02/23 For Sale $541,490 -- $280 / 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 $1,193 $159,450 $159,450 $0
2024 $1,613 $159,450 $159,450 $0
2023 $282 $159,450 $159,450 $0
2022 $277 $159,450 $159,450 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Barrows

    Seller's Agent in 2024

    Brian Barrows

    OCEAN ATLANTIC SOTHEBYS

    (302) 228-0204

    5 in this area

    379 Total Sales

    Brian Barrows
    Section Image

  • K

    Seller Co-Listing Agent in 2024

    Kyle Hagan

    OCEAN ATLANTIC SOTHEBYS

    (302) 743-5641

    2 in this area

    18 Total Sales

    Kyle Hagan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2049052

Bright MLS

APN: 134-18.00-233.00

Delaware Sussex County Frankford 19945

31525 Deep Pond Ln, Frankford, DE

This home is located at 31525 Deep Pond Ln, Frankford, DE 19945 since 02 October 2023 and is currently estimated at $504,074, approximately $260 per square foot. This property was built in 2023. 31525 Deep Pond Ln is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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