NOT LISTED FOR SALE

524 Davis Falls Dr Newark, DE 19702

Estimated Value: $454,997 - $543,000

2 Beds
2 Baths
1,873 Sq Ft
$263/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $399,990 $214 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,030/month

27 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • Community Pool
  • Active Adult
  • 1 Fireplace
  • 2 Car Direct Access Garage

About This Home

As of November 2023

Up to $15,000 in CLOSING COSTS available on this home! FAST SELLING Active Adult Community in New Castle County!! Welcome to The Solano floorplan at The Cascades. We have welcomed over 50 happy new homeowners to this community - over 50% SOLD OUT! Come see why so many have decided to call The Cascades their new home. This particular home features an extra wide entry, immediately showing off the spaciousness of this home. The flex room in the front is perfect for a home office, formal living, formal dining, or a hobby space - whatever fits your needs! Moving further into this home, you'll notice the impressive kitchen featuring quartz counters, stainless steel appliances and 42" cabinets with soft close. The pantry in this home is HUGE and is great for all of your kitchen storage needs! The great room is adjacent, as well as a beautiful sunroom that allows sunshine to flow into the home. There are two bedrooms in this home... the primary is large with a tray ceiling for added height and interest. On the way to the private en suite is two closets! Around the corner is another bedroom and full hall bath, as well as your laundry room and access to your two car garage with extra storage space!! Come see this home today!!! **Pictures are of similar home of same layout and for representational purposes only. Selections and home details will vary. See New Home Consultant for details.

Last Agent to Sell the Property

David Vasso

(856) 424-3339 david@atlanticfive.com Atlantic Five Realty Listed on: 09/26/2023

Last Buyer's Agent

Leslie Russell

lwalker15@comcast.net Realty Mark Associates License #RS-0025398

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,190

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $193 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • New Construction
  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,873 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Doors with lever handles
  • Level Entry For Accessibility

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 11-025.20-200

Community Details

Overview

  • Active Adult
  • Active Adult | Residents must be 55 or older

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,190

Lot Details

6,098 Sq Ft Lot

HOA Fees

$193 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: Doors - Lever Handle(s), Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1873
  • Living Area Sq Ft: 1873
  • Price Per Sq Ft: 213.51
  • Above Grade Finished Sq Ft: 1873
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 193.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4190.00
  • Assessor Parcel Number: 11-025.20-200
  • Tax Year: 2023

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Nov 21, 2023
Sold by
Lennar and Us Home Llc
Bought by
Smith Arlene
Seller's Agent
David Vasso
Atlantic Five Realty
Buyer's Agent
Leslie Russell
Realty Mark Associates
List Price
$419,000
Sold Price
$399,990
Premium/Discount to List
-$19,010
-4.54%
Views
204
Current Estimated Value
$496,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,358
Avg. Annual Appreciation
9.56%
Original Mortgage
$359,991
Outstanding Balance
$353,866
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$139,633

Purchase Details

Closed on
Feb 5, 2021
Sold by
Fl 40 Llc
Bought by
Us Home Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Arlene $399,990 Spn Title
Us Home Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Arlene $359,991
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2023 11/21/23 Sold $399,990 0.0% $214 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $399,900 -4.6% $214 / Sq Ft
09/26/2023 09/26/23 For Sale $419,000 -- $224 / Sq Ft
Source: Bright MLS

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 $3,380 $76,100 $11,400 $64,700
2023 $236 $5,700 $5,700 $0
2022 $236 $5,700 $5,700 $0
2021 $231 $5,700 $5,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2049944

Bright MLS

APN: 11-025.20-200

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