$437,264 - $517,000
RENTED APR 28, 2025

31818 Shad Creek Way Frankford, DE 19945

4 Beds
3 Baths
2,149 Sq Ft
$230 Price per Sq Ft

Last Sold May 24, 2024

Last sale price $474,990 $221 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,728/month

Highlights

  • Coastal Architecture
  • No HOA
  • 2 Car Attached Garage
  • Lord Baltimore Elementary School Rated A-
  • Community Pool
  • Tankless Water Heater

About This Home

As of April 2025

Welcome to 31818 Shad Creek Way in Milos Haven which is the perfect rental home for your lifestyle. This beautiful 4-bedroom, 3-full bath residence is designed with is spaciousness in mind and focuses on modern living. This floor plan has an open-concept and layout that encourages family gatherings and entertaining. This home is filled with natural light, leading into a gourmet kitchen perfect for entertaining. The kitchen comes with state-of-the-art appliances, ample counter space, and a large island that doubles as a breakfast bar. The owner's suite includes a spa-like bathroom, with double sinks and a generous walk-in closet. The additional bedrooms offer space for family, guests, and each one has access to its own full bath. This home takes outdoor living to the next level with a large exterior deck, offering the perfect space for summer entertaining, and a roomy yard. Milos Haven offers exclusive amenities, including a community swimming pool and beautifully landscaped grounds. Located 6 miles west of Bethany beach with close proximity to Fenwick Island State Park, Rehoboth Beach and Ocean City, MD. Renters insurance required. No smoking permitted. Tenant pays all utilities not provided by HOA/Condo Association. Tenant pays all utilities including water, sewer and propane . Pets will be considered on a case-by-case basis, with an additional non-refundable pet deposit required. Please request the link to apply through rent spree. Contact listing agent for a rental application process through rent-spree. There is an application fee.

Last Agent to Rent the Property

Shay Rhodunda

(302) 382-3600 shayrho.realtor@gmail.com EXP Realty, LLC License #5019714 Listed on: 03/14/2025

EXP Realty, LLC

Last Renter's Agent

Shay Rhodunda

(302) 382-3600 shayrho.realtor@gmail.com EXP Realty, LLC License #5019714 Listed on: 03/14/2025

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 2023

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned GR

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Coastal Architecture
  • Slab Foundation

Interior Spaces

  • 2,149 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,900
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 4/1/25
  • Assessor Parcel Number 134-18.00-218.00

Community Details

Overview

  • No Home Owners Association
  • Milos Haven Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,384

Year Built

Built in 2023

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2025-04-01
  • Monthly Pet Rent: 50.00
  • Pet Deposit: 500.00
  • Pets: Number Limit, Size/Weight Restriction, Cats Ok, Dogs Ok, Case By Case Basis, Breed Restrictions
  • Pets Allowed: Yes
  • Security Deposit: 2900.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2025-03-14
  • Federal Flood Zone: No
  • Year Built: 2023
  • Remarks Public: Welcome to 31818 Shad Creek Way in Milos Haven which is the perfect rental home for your lifestyle. This beautiful 4-bedroom, 3-full bath residence is designed with is spaciousness in mind and focuses on modern living. This floor plan has an open-concept and layout that encourages family gatherings and entertaining. This home is filled with natural light, leading into a gourmet kitchen perfect for entertaining. The kitchen comes with state-of-the-art appliances, ample counter space, and a large island that doubles as a breakfast bar. The owner's suite includes a spa-like bathroom, with double sinks and a generous walk-in closet. The additional bedrooms offer space for family, guests, and each one has access to its own full bath. This home takes outdoor living to the next level with a large exterior deck, offering the perfect space for summer entertaining, and a roomy yard. Milos Haven offers exclusive amenities, including a community swimming pool and beautifully landscaped grounds. Located 6 miles west of Bethany beach with close proximity to Fenwick Island State Park, Rehoboth Beach and Ocean City, MD. Renters insurance required. No smoking permitted. Tenant pays all utilities not provided by HOA/Condo Association. Tenant pays all utilities including water, sewer and propane . Pets will be considered on a case-by-case basis, with an additional non-refundable pet deposit required. Please request the link to apply through rent spree. Contact listing agent for a rental application process through rent-spree. There is an application fee.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2149
  • Living Area Sq Ft: 2149
  • Price Per Sq Ft: 1.35
  • Above Grade Finished Sq Ft: 2149
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31818

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • 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 - Front Entry, 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: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • 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 Size Units: Square Feet
  • Lot Sq Ft: 7405.20
  • Zoning: GR

Tax Info

  • Assessor Parcel Number: 134-18.00-218.00
  • Close Date: 04/28/2025

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
May 24, 2024
Sold by
Lennar and Us Home Llc
Bought by
Dangatla Sreedhar Reddy and Yanjarlapati Vijayender Reddy
Seller's Agent
Suzie Parker
Compass
Buyer's Agent
Sathish patha
Tesla Realty Group, LLC
List Price
$509,990
Sold Price
$474,990
Premium/Discount to List
-$35,000
-6.86%
Views
39
Current Estimated Value
$494,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,326
Avg. Annual Appreciation
2.98%
Original Mortgage
$331,764
Outstanding Balance
$327,112
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$167,204
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
Dangatla Sreedhar Reddy $473,949 Spn Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dangatla Sreedhar Reddy $331,764
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2025 04/28/25 Rented $2,900 0.0% --
04/21/2025 04/21/25 Under Contract -- -- --
03/14/2025 03/14/25 For Rent $2,900 0.0% --
08/14/2024 08/14/24 Rented $2,900 0.0% --
08/05/2024 08/05/24 Under Contract -- -- --
06/19/2024 06/19/24 For Rent $2,900 0.0% --
05/24/2024 05/24/24 Sold $474,990 -3.1% $221 / Sq Ft View Prior Sale
05/07/2024 05/07/24 Pending -- -- --
04/26/2024 04/26/24 Price Changed $489,990 -2.0% $228 / Sq Ft
03/18/2024 03/18/24 Price Changed $499,990 -2.0% $233 / Sq Ft
03/15/2024 03/15/24 For Sale $509,990 -- $237 / 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 $1,384 $159,450 $159,450 $0
2024 $1,710 $159,450 $159,450 $0
2023 $282 $159,450 $159,450 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2080854

Bright MLS

APN: 134-18.00-218.00