NOT LISTED FOR SALE

37024 Fairway Dr Unit 114 Frankford, DE 19945

Estimated Value: $428,836 - $575,000

4 Beds
2.5 Baths
2,400 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $400,000 $167 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,082/month

Highlights

  • Pond View
  • 107.73 Acre Lot
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • 1 Fireplace

About This Home

As of September 2020

Welcome to your place at the beach. This home boasts a great floor plan in a fantastic community. Open floor plan with morning room and outdoor paver patio. First-floor master bedroom and laundry room just off of the garage area. Built-in surround sound, Crown molding, and chair railing add a nice touch to this like brand new home. Upstairs you will find a loft area and 3 bedrooms, one bedroom can be used a huge bonus room. A two-car garage allows you to keep all of your beach toys undercover! Resort-style amenities await at the Community Clubhouse that has a fitness center, swimming pool with water features, Gas fire pit along with lighted tennis/pickleball course. All of these amenities are just an easy stroll from the front door. This home sits on a premier lot with a view of the pond that has a large fountain that is soothing to watch and listen to on your porch. Just drive thru this community and it will stand out compared to others. Just a little over 3 miles to the beach and close to grocery stores, restaurants, and golf!

Last Agent to Sell the Property

Nancy Rhodes

(302) 537-3400 tim@timrhodes.com RE/MAX Coastal Listed on: 07/23/2020

RE/MAX Coastal

Co-Listed By

Evan Thomas

(302) 379-5634 evan_thomas@verizon.net RE/MAX Coastal License #RS-0019729

Last Buyer's Agent

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,051

Year Built

  • Built in 2012

Lot Details

  • 107.73

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Semi-Detached or Twin Home
  • Coastal Architecture
  • Frame Construction
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Window Treatments
  • Dining Area
  • Pond Views
  • Alarm System

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Underground Utilities
  • High-Efficiency Water Heater

Additional Features

  • Energy-Efficient Windows
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 134-16.00-40.00-114

Community Details

Overview

  • $557 Capital Contribution Fee
  • Association fees include common area maintenance
  • First Service Residential HOA
  • Forest Landing Subdivision
  • Property Manager

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,051

Year Built

Built in 2012

Lot Details

0

HOA Fees

$278 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2012
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your place at the beach. This home boasts a great floor plan in a fantastic community. Open floor plan with morning room and outdoor paver patio. First-floor master bedroom and laundry room just off of the garage area. Built-in surround sound, Crown molding, and chair railing add a nice touch to this like brand new home. Upstairs you will find a loft area and 3 bedrooms, one bedroom can be used a huge bonus room. A two-car garage allows you to keep all of your beach toys undercover! Resort-style amenities await at the Community Clubhouse that has a fitness center, swimming pool with water features, Gas fire pit along with lighted tennis/pickleball course. All of these amenities are just an easy stroll from the front door. This home sits on a premier lot with a view of the pond that has a large fountain that is soothing to watch and listen to on your porch. Just drive thru this community and it will stand out compared to others. Just a little over 3 miles to the beach and close to grocery stores, restaurants, and golf!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Water Heater - High-Efficiency
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Recessed Lighting, Window Treatments, Dining Area
  • Window Features: Energy Efficient
  • Fireplaces Count: 1
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 164.58
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37024

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding, Stone
  • View: Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers, Underground
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Electric Alarm
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 258.05
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 20.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: FIRST SERVICE RESIDENTIAL
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 557.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 26700.00
  • Land Assessed Value: 1250.00
  • Land Use Code: RC
  • Lot Size Acres: 107.73
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4692719.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 7397243
  • School Tax: 927.00
  • Tax Annual Amount: 1051.00
  • Assessor Parcel Number: 134-16.00-40.00-114
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/04/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 4, 2020
Sold by
Bosley Richard D and Bosley Beverley J
Bought by
Lauren-Miller Ashley and Miller David M
Seller's Agent
Nancy Rhodes
RE/MAX Coastal
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Current Estimated Value
$513,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,209
Avg. Annual Appreciation
5.05%
Original Mortgage
$320,000
Outstanding Balance
$283,452
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$229,757

Purchase Details

Closed on
Nov 9, 2012
Sold by
Nvr Inc
Bought by
Bosley Richard D and Bosley Beverley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,177
Interest Rate
3.42%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Lauren-Miller Ashley $400,000 None Available
Bosley Richard D $293,530 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lauren-Miller Ashley $320,000
Previous Owner Bosley Richard D $264,177
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $400,000 +1.3% $167 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $395,000 -- $165 / 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 $1,116 $26,700 $0 $26,700
2024 $1,175 $26,700 $0 $26,700
2023 $1,175 $26,700 $0 $26,700
2022 $1,152 $26,700 $0 $26,700
2021 $1,120 $26,700 $0 $26,700
2020 $1,074 $26,700 $0 $26,700
2019 $1,069 $26,700 $0 $26,700
2018 $1,057 $27,350 $0 $0
2017 $1,075 $27,350 $0 $0
2016 $938 $26,950 $0 $0
2015 $966 $26,950 $0 $0
2014 $943 $26,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU164694

Bright MLS

APN: 134-16.00-40.00-114