$615,000
SOLD MAY 30, 2025

37018 Red Cedar Dr Lewes, DE 19958

3 Beds
3 Baths
2,588 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$238 Per Sq Ft

3% Above List Price

7 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • Open Floorplan
  • Love Creek Elementary School Rated A
  • Eat-In Gourmet Kitchen
  • Craftsman Architecture

About This Home

As of May 2025

JAW - DROPPING DEAL: 103K in upgrades, premium lot, BASE PRICE TAG - No Brainer!!! RUN......do not walk to see this exceptionally priced, never lived in resale at coveted Chase Oaks. Nestled on a premium lot backing up to serene woods, this stunning and spacious 3-bedroom, 3-bath home offers both privacy and luxury. With over $103,000 in premium upgrades, every detail has been designed for elegance and comfort. Plus, enjoy state-of-the-art amenities, including a beautiful clubhouse, fabulous pool, gym, tennis and pickle ball. With 10-foot ceilings on the first floor, the moment you step through the front door, you’re greeted by a bright and airy ambiance, with natural light flowing through the open-concept design, creating a warm and inviting atmosphere. The exquisite tray ceilings in the hallway and primary bedroom add a touch of refined elegance, enhancing the home’s sophisticated charm and architectural beauty. The well appointed chef’s kitchen is a true showpiece, meticulously designed with premium upgrades to elevate both style and functionality. Featuring top-of-the-line high-end appliances, exquisite quartz countertops, and sophisticated custom cabinetry with under-cabinet lighting, every detail has been thoughtfully curated for luxury. At the heart of the space is a stunning, oversized working island, offering both beauty and practicality—an entertainer’s dream, perfect for hosting and culinary excellence. This gorgeous open-concept kitchen seamlessly flows into the great room and dining area, creating a perfect space for both everyday living and entertaining. Sliding doors lead to a stunning screened-in porch, where you can unwind while enjoying the serene privacy of the wooded backdrop—a truly idyllic retreat for relaxation. All three bathrooms have been elegantly upgraded with hand-selected, luxurious tile and beautiful custom cabinetry, blending style and sophistication with exceptional craftsmanship. The second floor unfolds into a versatile loft or flex space, complete with a spacious third bedroom, a full bath, and ample storage—the perfect private retreat for guests. All of this is just minutes from Delaware’s popular beaches, amazing array of restaurants, and the area’s famous shopping, offering the ultimate blend of luxury, convenience, and coastal charm. This exceptional property is easy to tour and move-in ready, offering a seamless opportunity to experience its luxury and charm firsthand. Don’t miss your chance to make it yours!

Last Agent to Sell the Property

Laurie Ferris

(302) 632-0675 lferris60@gmail.com Iron Valley Real Estate at The Beach Listed on: 04/04/2025

Iron Valley Real Estate at The Beach

Last Buyer's Agent

Andy Whitescarve Whitescarver

(302) 242-5557 doverrealestate@aol.com RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 60 x 125
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Backs to Trees or Woods
  • Front Yard
  • Property is in excellent condition
  • Property is zoned AR1

HOA Fees

  • $325 Monthly HOA Fees

Parking

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

Home Design

  • Craftsman Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,588 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Tray Ceiling
  • Recessed Lighting
  • Self Contained Fireplace Unit Or Insert
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Home Office
  • Loft
  • Screened Porch
  • Crawl Space

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Self-Cleaning Double Oven
  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Appliances
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Screened Patio

Schools

  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Programmable Thermostat
  • 200+ Amp Service
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 234-06.00-1407.00

Community Details

Overview

  • $2,300 Capital Contribution Fee
  • Association fees include trash, snow removal, fiber optics available, common area maintenance
  • Built by DBR Homes
  • Chase Oaks Subdivision, Palmetto Floorplan

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$325 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Wall Oven, Dishwasher, Cooktop, Microwave
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Energy Efficient Appliances, Icemaker, Oven - Double, Oven - Self Cleaning, Oven - Wall, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Water Heater - Tankless
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Sprinkler System, Recessed Lighting, Primary Bath(s), Pantry, Kitchen - Island, Kitchen - Gourmet, Kitchen - Eat-In, Floor Plan - Open, Family Room Off Kitchen, Entry Level Bedroom, Dining Area, Carpet, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane, Mantel(s), Insert, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Tray Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Kitchen, Great Room, Laundry, Loft, Office, Primary Bathroom, Screened Porch
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2588
  • Living Area Sq Ft: 2588
  • Price Per Sq Ft: 231.80
  • Above Grade Finished Sq Ft: 2588
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • 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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • 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, 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, Zoned, Programmable Thermostat, Energy Star Cooling System
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Energy Star Heating System, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 325.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Club House, Fitness Center
  • HOA Condo Co-Op Fee Includes: Trash, Snow Removal, Fiber Optics Available, Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Capital Contribution Fee: 2300.00

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Lot Features: Backs To Trees, Front Yard, Level, Trees/Wooded
  • Lot Size Acres: 0.17
  • Lot Dimensions: 60 X 125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Porch(es), Screened
  • Property Condition: Excellent
  • Zoning: AR1
  • In City Limits: No

Building Info

  • Builder Name: DBR Homes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 234-06.00-1407.00

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
May 30, 2025
Sold by
Toledo Mark and Salazar Ricardo J
Bought by
Nitsche Paul W and Nitsche Denise
Seller's Agent
Laurie Ferris
Iron Valley Real Estate at The Beach
Buyer's Agent
Andy Whitescarve Whitescarver
RE/MAX Realty Group Rehoboth
List Price
$599,900
Sold Price
$615,000
Premium/Discount to List
$15,100
2.52%
Views
43
Current Estimated Value
$651,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,980
Avg. Annual Appreciation
9.11%
Original Mortgage
$120,000
Outstanding Balance
$119,692
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$532,288

Purchase Details

Closed on
Nov 25, 2024
Sold by
Drb Group Eastern Shore Llc
Bought by
Salazar Ricardo J and Toledo Mark
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $615,000 None Listed On Document
Deed $717,344 None Listed On Document
Deed $717,344 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Sold $615,000 +2.5% $238 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $599,900 -- $232 / 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 $1,375 $0 $0 $0
2024 $123 $0 $0 $0
2023 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2082950

Bright MLS

APN: 234-6.00-1407.00