NOT LISTED FOR SALE

37116 Fairway Dr Unit 6 Frankford, DE 19945

Estimated Value: $467,000 - $652,000

5 Beds
2.5 Baths
3,000 Sq Ft
$180/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $420,000 $140 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,335/month

29 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Lord Baltimore Elementary School Rated A-
  • Coastal Architecture
  • Main Floor Bedroom

About This Home

As of December 2020

You do not want to miss this amazing 5 bedroom 2 1/2 bath villa with the largest villa floor plan in Forest Landing. This villa is part of the original section in Forest Landing so is one of very few of this oversized model. Set back on a private cul-de-sac with wooded views in the back you will love the serene location. As you enter, the openness of the floor plan is apparent with a spacious family room with gas fireplace, nicely upgraded kitchen with granite counters, a large kitchen island and stainless steel appliances and finally a separate dining area that can also be used as an additional sitting room. The first floor also has the primary bedroom with extended sitting area and full bathroom with dual vanities and walk-in shower. Upstairs, the loft is expansive and serves as a separate living space for family or guests. The four bedrooms on the 2nd floor are generously sized with one converted currently into an office. This home gives you plenty of options for flex rooms, room for multiple generations or places for lots of guests! Love outdoor living? You have the best of both worlds with a nicely sized screened in porch AND a large patio for grilling or enjoying an evening outside. Forest Landing offers incredible amenities with a stunning clubhouse, large fitness room, olympic sized outdoor pool, with lap lanes and separate kids play area, playground, fire-pit and much more. Enjoy all of this without the extra expense of town taxes and yet you are only 5 miles to Bethany Beach!

Last Agent to Sell the Property

Christine McCoy

Coldwell Banker Realty License #RA0031081 Listed on: 10/03/2020

Coldwell Banker Realty

Last Buyer's Agent

Kim Hook

RE/MAX Coastal License #RB-0031040

RE/MAX Coastal

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,143

Year Built

  • Built in 2007

Lot Details

  • Property is in excellent condition

HOA Fees

Parking

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

Home Design

  • Coastal Architecture
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Self Contained Fireplace Unit Or Insert
  • Window Treatments
  • Family Room
  • Loft

Kitchen

  • Breakfast Room
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Halls are 36 inches wide or more
  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-16.00-40.00-6

Community Details

Overview

  • Association fees include common area maintenance, health club, insurance, lawn maintenance, management, pool(s), snow removal, trash, exterior building maintenance, lawn care front, lawn care rear, lawn care side, recreation facility
  • Forest Landing Subdivision
  • Property Manager

Amenities

  • Common Area
  • Game Room
  • Community Center
  • Meeting Room
  • Party Room

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,143

Year Built

Built in 2007

Lot Details

0

HOA Fees

$278 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits, 36"+ Wide Halls, Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-10-03
  • Federal Flood Zone: No
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Refrigerator, Dishwasher, Disposal, Built-In Microwave, Water Heater, Washer, Dryer
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Insert
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Breakfast Room, Bedroom 1, Loft, Primary Bathroom, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 143.33
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37116

Beds/Baths

  • Bedrooms: 5
  • 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
  • Roof: 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, Garage Door Opener
  • 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
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 258.00
  • 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 Amenities: Common Grounds, Fitness Center, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Meeting Room, Exercise Room, Community Center, Swimming Pool, Game Room, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Health Club, Insurance, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Recreation Facility
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Excellent, Very Good
  • Year Assessed: 2020
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1008.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1143.00
  • Assessor Parcel Number: 134-16.00-40.00-6
  • Tax Total Finished Sq Ft: 1068
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/28/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Dec 28, 2020
Sold by
Condon Nathaniel D and Condon Lisa S
Bought by
Biondi Richard M and Biondi Suzanne G
Seller's Agent
Christine McCoy
Coldwell Banker Realty
Buyer's Agent
Kim Hook
RE/MAX Coastal
List Price
$430,000
Sold Price
$420,000
Premium/Discount to List
-$10,000
-2.33%
Current Estimated Value
$541,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,260
Avg. Annual Appreciation
4.93%
Original Mortgage
$378,000
Outstanding Balance
$338,079
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$187,349
Source: Public Records

Range of Values:

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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
Biondi Richard M $420,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biondi Richard M $378,000
Previous Owner Oppman Charles D $200,000
Previous Owner Condon Lisa S $260,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $420,000 -2.3% $140 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/03/2020 10/03/20 For Sale $430,000 +48.3% $143 / Sq Ft
05/31/2013 05/31/13 Sold $290,000 +1.8% --
04/13/2013 04/13/13 Pending -- -- --
04/13/2013 04/13/13 For Sale $284,900 -- --
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 $1,296 $29,150 $0 $29,150
2023 $1,296 $29,150 $0 $29,150
2022 $1,252 $29,150 $0 $29,150
2021 $1,216 $29,150 $0 $29,150
2020 $1,166 $29,150 $0 $29,150
2019 $1,161 $29,150 $0 $29,150
2018 $1,150 $29,800 $0 $0
2017 $1,169 $29,800 $0 $0
2016 $1,020 $29,400 $0 $0
2015 $1,051 $29,400 $0 $0
2014 $1,036 $29,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU169662

Bright MLS

APN: 134-16.00-0040.00- 6