NOT LISTED FOR SALE

714 Cherry Tree Rd Middletown, DE 19709

Estimated Value: $588,000 - $642,000

4 Beds
3 Baths
3,400 Sq Ft
$181/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $545,000 $160 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,825/month

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Clubhouse
  • Active Adult
  • Open Floorplan
  • Deck

About This Home

As of February 2021

You have got to see this one! In addition to the many upgrades and builder options incorporated into this home when it was built the current owners made substantial improvements, additions, and upgrades after moving in. This home situated on a premium lot backing to open space with a walk-out basement features 4 bedrooms, 3 full baths, a large open floor plan with a separate dining area, Gourmet Kitchen, upgraded cabinets and granite countertops, double wall ovens, stainless appliances, an extra refrigerator, a large pantry, hardwood floors, an extra-large owner's suite with 2 walk-in closets, upgraded Owner's bath w/Spa Shower. 2 guest bedrooms on the main level, one of which makes a nice home office with french doors. Large laundry room with utility sink. 2 car garage w/Epoxy garage floor. A large deck with motorized awning. Now, go downstairs to the fully finished basement with large bar w/custom cabinetry, beverage fridge, and sink. Rec room with 3 sided fireplace. Walkout to the covered paver patio w/ built-in natural gas fire pit. There is another bedroom suite down here w/ custom built-ins and window seat. There is a craft room for whatever hobbies you have as well as plenty of storage. There are just too many options to list here. Ask your REALTOR for the full list of options and upgrades. If you are also looking for a great community environment, Silver Maple Farm is the place. Enjoy the many amenities including a large resort-style pool, clubhouse w/ exercise room, billiards, party room, and library. the community includes plenty of natural open space and several miles of walking trails. You are also close to shopping in Middletown and Newark. An hour from Delaware's Beaches and 45 minutes to the Philadelphia Airport.

Last Agent to Sell the Property

Bill Bell

bill@activeadultsrealty.com Active Adults Realty License #RA0030996 Listed on: 09/18/2020

Last Buyer's Agent

RONALD MERCANTE

(302) 383-2686 ron@activeadultsrealty.com Active Adults Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 2015

Lot Details

  • 9,583 Sq Ft Lot
  • Backs To Open Common Area
  • Extensive Hardscape
  • Premium Lot
  • Sprinkler System
  • Front Yard
  • Property is in excellent condition

HOA Fees

  • $195 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding
  • Active Radon Mitigation

Interior Spaces

  • 3,400 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Awning
  • Vinyl Clad Windows
  • Window Treatments
  • ENERGY STAR Qualified Doors
  • Family Room Off Kitchen
  • Efficiency Studio

Kitchen

  • Gourmet Kitchen
  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Workshop
  • Basement Windows

Home Security

  • Home Security System
  • Motion Detectors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • Doors with lever handles

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows with Low Emissivity

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Water Treatment System
  • Electric Water Heater
  • Water Conditioner is Owned

Listing and Financial Details

  • Tax Lot 008
  • Assessor Parcel Number 13-014.34-008

Community Details

Overview

  • Active Adult
  • $850 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, management, pool(s), snow removal, trash
  • $175 Other One-Time Fees
  • Active Adult | Residents must be 55 or older
  • Built by K Hovnanian
  • Four Seasons At Silver Maple Subdivision, Martinique Floorplan
  • Property Manager

Amenities

  • Clubhouse
  • Game Room
  • Billiard Room
  • Meeting Room
  • Party Room
  • Community Library

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,900

Year Built

Built in 2015

Lot Details

0

HOA Fees

$195 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Doors - Lever Handle(s), Doors - Swing In
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Energy Efficient Appliances, Exhaust Fan, Extra Refrigerator/Freezer, Oven - Double, Oven - Self Cleaning, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Conditioner - Owned, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Crown Moldings, Efficiency, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Water Treat System, Wet/Dry Bar, Window Treatments, Wood Floors
  • Window Features: Energy Efficient, Low-E, Vinyl Clad
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Energy Star Qualified Door(s)
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Foundation Details: Active Radon Mitigation
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full, Poured Concrete, Rear Entrance, Walkout Level, Workshop, Windows, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3400
  • Living Area Sq Ft: 3400
  • Price Per Sq Ft: 169.12
  • Above Grade Finished Sq Ft: 3400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stone
  • Exterior Features: Extensive Hardscape, Awning(s), Lawn Sprinkler, Sidewalks
  • Roof: Asphalt
  • Spa: 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
  • Parking Features: Concrete Driveway
  • 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
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Motion Detectors, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Broadband, Cable

Condo/Co-op/Association

  • HOA Fees: 195.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Billiard Room, Club House, Exercise Room, Game Room, Jog/Walk Path, Library, Meeting Room, Party Room, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Community Pool Features: In Ground

Fee Information

  • Other Fees: 175.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 850.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 100600.00
  • Land Assessed Value: 10900.00
  • Lot Features: Backs - Open Common Area, Front Yard, Premium
  • Lot Size Acres: 0.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Zoning: S
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: K Hovnanian

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 6888454
  • School Tax: 2978.00
  • Tax Annual Amount: 3900.00
  • Assessor Parcel Number: 13-014.34-008
  • Tax Lot: 008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Jan 27, 2021
Sold by
Owen David F and Owen Donna S
Bought by
Brown Kenneth R and Brown Gail P
Seller's Agent
Bill Bell
Active Adults Realty
Buyer's Agent
RONALD MERCANTE
Active Adults Realty
List Price
$598,000
Sold Price
$545,000
Premium/Discount to List
-$53,000
-8.86%
Current Estimated Value
$616,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,609
Avg. Annual Appreciation
2.64%

Purchase Details

Closed on
Jan 26, 2015
Sold by
K Hovnanian S Four Seasons At Silver Map
Bought by
Owen David F and Owen Donna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2014
Sold by
Silver Maple Farms Inc
Bought by
K Hovananian S Four Seasons At Silver Ma
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
Brown Kenneth R $545,000 None Available
Owen David F $428,631 None Available
K Hovananian S Four Seasons At Silver Ma $419,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owen David F $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2021 02/01/21 Sold $545,000 -5.2% $160 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
10/13/2020 10/13/20 Price Changed $575,000 -3.8% $169 / Sq Ft
09/18/2020 09/18/20 For Sale $598,000 -- $176 / 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
2024 $4,825 $111,500 $10,900 $100,600
2023 $4,138 $111,500 $10,900 $100,600
2022 $4,150 $111,500 $10,900 $100,600
2021 $3,653 $111,500 $10,900 $100,600
2020 $3,653 $111,500 $10,900 $100,600
2019 $180 $111,500 $10,900 $100,600
2018 $161 $111,500 $10,900 $100,600
2017 $3,182 $111,500 $10,900 $100,600
2016 $3,182 $111,500 $10,900 $100,600
2015 $2,775 $99,900 $10,900 $89,000
2014 $156 $5,600 $5,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC509368

Bright MLS

APN: 13-014.34-008