NOT LISTED FOR SALE

348 Otter Way Frederica, DE 19946

Riverview Neighborhood

Estimated Value: $406,000 - $449,000

4 Beds
2.5 Baths
2,000 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 20, 2015

Last sale price $220,000 $110 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,383/month

Highlights

  • Deck
  • Wood Flooring
  • Corner Lot
  • Contemporary Architecture
  • Attic
  • Butlers Pantry

About This Home

As of April 2015

Beautiful home in established development. Privacy fence installed to enjoy the rear deck, upstairs laundry, corner lot, gas fireplace in great room, pantry in kitchen, conditioned crawl space, horseshoe pit and security system. This home has so much to offer - close to Route 1 for access to the beaches and Dover area.

Last Agent to Sell the Property

Melody Mackert

(302) 745-3225 melodymackert@hotmail.com Keller Williams Realty Central-Delaware Listed on: 07/15/2014

Keller Williams Realty Central-Delaware

Last Buyer's Agent

Deborah Oberdorf

(302) 531-6949 soldbydeb@comcast.net Bryan Realty Group License #R3-0019160

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,039

Year Built

  • Built in 2008

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 102x205
  • Corner Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned AC

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Laundry on upper level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Deck

Schools

  • Lake Forest High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • 200+ Amp Service
  • Private Water Source
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • Association fees include common area maintenance
  • Built by GEMCRAFT
  • Otter Run Subdivision, Bristol II Floorplan

Listing and Financial Details

  • Tax Lot 0100-000
  • Assessor Parcel Number SM-00-13002-03-0100-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,039

Year Built

Built in 2008

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Stove, Refrogerator, Dishwasher, Microwave, Washer, Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2008
  • Remarks Public: Beautiful home in established development. Privacy fence installed to enjoy the rear deck, upstairs laundry, corner lot, gas fireplace in great room, pantry in kitchen, conditioned crawl space, horseshoe pit and security system. This home has so much to offer - close to Route 1 for access to the beaches and Dover area.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Refrigerator, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Net Sq Ft: 2000.00
  • Price Per Sq Ft: 112.45
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 348

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Street Lights
  • Roof: Pitched, 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
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • HOA Fees: 264.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes

Schools

  • School District: LAKE FOREST
  • High School: LAKE FOREST
  • School District Key: 300200396886
  • High School: LAKE FOREST

Lot Info

  • Lot Features: Corner, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.48
  • Lot Dimensions: 102X205
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20814.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: AC

Building Info

  • Builder Name: GEMCRAFT

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2477418
  • Tax Annual Amount: 1039.00
  • Assessor Parcel Number: SM-00-13002-03-0100-000
  • Tax Lot: 0100-000
  • Tax Year: 2014
  • Close Date: 04/20/2015

MLS Schools

  • School District Name: LAKE FOREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2014
Closed on
Apr 20, 2015
Sold by
Welch Joyce L
Bought by
Bumgarner Allison N and Bumgarner Nicholas A
Seller's Agent
Melody Mackert
Keller Williams Realty Central-Delaware
Buyer's Agent
Deborah Oberdorf
Bryan Realty Group
List Price
$234,900
Sold Price
$220,000
Premium/Discount to List
-$14,900
-6.34%
Current Estimated Value
$418,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,098
Avg. Annual Appreciation
6.31%
Original Mortgage
$209,000
Outstanding Balance
$160,775
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$257,323

Purchase Details

Closed on
Mar 14, 2008
Sold by
Gemcraft Homes Inc
Bought by
Welch Joyce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,113
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bumgarner Allison N $220,000 None Available
Welch Joyce L $237,113 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bumgarner Allison N $209,000
Previous Owner Welch Joyce L $237,113
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2015 04/20/15 Sold $220,000 -2.2% $110 / Sq Ft
02/28/2015 02/28/15 Pending -- -- --
01/14/2015 01/14/15 Price Changed $224,900 -1.3% $112 / Sq Ft
10/30/2014 10/30/14 Price Changed $227,900 -0.9% $114 / Sq Ft
08/15/2014 08/15/14 Price Changed $229,900 -2.1% $115 / Sq Ft
07/15/2014 07/15/14 For Sale $234,900 -- $117 / 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 $1,738 $368,800 $107,700 $261,100
2024 $1,738 $368,800 $107,700 $261,100
2023 $1,718 $54,800 $8,800 $46,000
2022 $1,551 $54,800 $8,800 $46,000
2021 $1,479 $54,800 $8,800 $46,000
2020 $1,514 $54,800 $8,800 $46,000
2019 $1,513 $54,800 $8,800 $46,000
2018 $1,498 $54,800 $8,800 $46,000
2017 $1,548 $54,800 $0 $0
2016 $1,387 $54,800 $0 $0
2015 $1,372 $54,800 $0 $0
2014 $1,338 $54,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Melody Mackert

    Keller Williams Realty Central-Delaware

    Section Image
  • Deborah Oberdorf

    Buyer's Agent in 2015

    Deborah Oberdorf

    Bryan Realty Group

    (302) 531-6949

    2 in this area

    126 Total Sales

    Deborah Oberdorf
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003011280

Bright MLS

APN: 8-00-13002-03-0100-000

Delaware Kent County Frederica 19946 Riverview

348 Otter Way, Frederica, DE

This home is located at 348 Otter Way, Frederica, DE 19946 since 15 July 2014 and is currently estimated at $418,098, approximately $209 per square foot. This property was built in 2008. 348 Otter Way is a home located in Kent County with nearby schools including Lake Forest East Elementary School, Lake Forest Central Elementary School, and W.T. Chipman Middle School.

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