$358,000
SOLD SEP 17, 2024

328 Bowers Beach Rd Frederica, DE 19946

3 Beds
1.5 Baths
1,200 Sq Ft
0.5 Acres

Recently Sold

$298 Per Sq Ft

10% Below List Price

45 Days on Market

Highlights

  • Above Ground Pool
  • Rambler Architecture
  • 2 Car Detached Garage
  • Deck
  • No HOA
  • Porch

About This Home

As of September 2024

Very well maintained ranch home offering 3 bedrooms and 1.5 bathrooms, situated on a .50 +/- acre lot. With plenty of space inside, you will find ample cabinet and counter space in the kitchen. The comfortably sized bedrooms offer new carpets. The master bedroom currently offers a half bathroom with space to convert to a full bath. The hallway bathroom has been fully remodeled. Outside you will find your own piece of paradise. Step out onto the deck with space to relax by the above ground pool or a relaxing sip in the hot tub. Off the deck you will find a spacious patio for more seating and entertaining space. The backyard is landscaped with mature trees giving a tranquil view from all corners of the property. This one of a kind property also offers an oversized garage with 2 bay doors, large space for storage or to create a workshop. Upstairs you will find partially finished space which could be additional storage or you could use your creative mind to design bonus space. Ready to create memories in your new home?…schedule your tour today!

Last Agent to Sell the Property

Tony Favata

Elevated Real Estate Solutions License #RA-020202 Listed on: 06/30/2024

Co-Listed By

Terri Favata

Elevated Real Estate Solutions License #RB-0030962

Last Buyer's Agent

Ingram Foster

Bryan Realty Group License #RS0036412

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $922

Year Built

  • Built in 1988

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100.00 x 217.80
  • Privacy Fence
  • Chain Link Fence
  • Property is zoned RS1

Parking

  • 2 Car Detached Garage
  • 6 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Combination Kitchen and Dining Room
  • Carpet
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Pool

  • Above Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1200-000
  • Assessor Parcel Number SM-00-12216-01-1200-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$922

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-06-30
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: Very well maintained ranch home offering 3 bedrooms and 1.5 bathrooms, situated on a .50 +/- acre lot. With plenty of space inside, you will find ample cabinet and counter space in the kitchen. The comfortably sized bedrooms offer new carpets. The master bedroom currently offers a half bathroom with space to convert to a full bath. The hallway bathroom has been fully remodeled. Outside you will find your own piece of paradise. Step out onto the deck with space to relax by the above ground pool or a relaxing sip in the hot tub. Off the deck you will find a spacious patio for more seating and entertaining space. The backyard is landscaped with mature trees giving a tranquil view from all corners of the property. This one of a kind property also offers an oversized garage with 2 bay doors, large space for storage or to create a workshop. Upstairs you will find partially finished space which could be additional storage or you could use your creative mind to design bonus space. Ready to create memories in your new home?…schedule your tour today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpet, Combination Kitchen/Dining
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Room Count: 5
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 324.92
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 328

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Hot Tub, Outbuilding(s)
  • Pool Features: Above Ground
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Oversized, Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: LAKE FOREST
  • School District Key: 300200396886
  • School District Source: Listing Agent

Lot Info

  • Fencing: Privacy, Chain Link
  • Lot Size Acres: 0.50
  • Lot Dimensions: 100.00 x 217.80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Year Assessed: 2023
  • Zoning: RS1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 769.00
  • Tax Annual Amount: 922.00
  • Assessor Parcel Number: SM-00-12216-01-1200-000
  • Tax Lot: 1200-000
  • Tax Total Finished Sq Ft: 1200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/17/2024

MLS Schools

  • School District Name: LAKE FOREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2024
Closed on
Sep 1, 2024
Sold by
Mallak Shawn L and Mallak Donita L
Bought by
Tribbitt John
Seller's Agent
Tony Favata
Elevated Real Estate Solutions
Buyer's Agent
Ingram Foster
Bryan Realty Group
List Price
$399,900
Sold Price
$358,000
Premium/Discount to List
-$41,900
-10.48%
Views
48
Current Estimated Value
$353,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,634
Avg. Annual Appreciation
1.73%
Original Mortgage
$299,000
Outstanding Balance
$296,677
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$66,883

Purchase Details

Closed on
Dec 1, 1989
Bought by
Mallak Shawn L
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $299,000 New Conventional
Previous Owner $45,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Sold $358,000 -8.2% $298 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
07/31/2024 07/31/24 Price Changed $389,900 -2.5% $325 / Sq Ft
06/30/2024 06/30/24 For Sale $399,900 -- $333 / 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
2024 $1,323 $258,800 $71,400 $187,400
2023 $1,386 $42,700 $7,700 $35,000
2022 $1,267 $42,700 $7,700 $35,000
2021 $1,207 $42,700 $7,700 $35,000
2020 $1,228 $42,700 $7,700 $35,000
2019 $1,229 $42,700 $7,700 $35,000
2018 $1,219 $42,700 $7,700 $35,000
2017 $1,256 $42,700 $0 $0
2016 $1,120 $42,700 $0 $0
2015 $1,107 $42,700 $0 $0
2014 $1,095 $42,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2029252

Bright MLS

APN: 8-00-12216-01-1200-000