NOT LISTED FOR SALE

720 Cherry Tree Rd Middletown, DE 19709

Estimated Value: $517,786 - $552,000

2 Beds
2 Baths
1,950 Sq Ft
$272/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $359,800 $185 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,280/month

126 Days on Market

Highlights

  • Tennis Courts
  • Clubhouse
  • Rambler Architecture
  • Active Adult
  • Deck
  • Wood Flooring

About This Home

As of September 2017

One of the nicest lots in the community, this home won't be around long. The popular Loren model, this home features 2 bedrooms Plus a large office/den, 2 full bathrooms with upgraded tile, laundry room and 2 car garage. The upgraded gourmet kitchen features Quartz countertops, double wall ovens with cooktop, large island and room for barstools. The completely open floor plan means you will never miss out on the party. There is a large great room with a beautiful stone fireplace. The 4" Hardwood floors stretch throughout the main living areas. A sunroom to sit and read or simply enjoy the view. The master bedroom is extra-large with plenty of room for the biggest furniture. Walk-in closet and large bathroom with split vanities, corian countertops, soaking tub, and large tiled shower w/seat. Enjoy evenings on the TREX deck that is overtop a large paver patio below. That's right, this home has a full walk-out basement. The unfinished basement with full walk out features rough plumbing for a future bathroom, full sized windows and patio door. Ready for you to customize the way you want to. CALL NOW! This one won't last!

Last Agent to Sell the Property

Bill Bell

bill@activeadultsrealty.com Active Adults Realty License #RA0030996 Listed on: 04/03/2017

Last Buyer's Agent

Kim Simpson

(302) 690-0245 kim@kimsimpsonrealtygroup.com Thyme Real Estate Co LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,515

Year Built

  • Built in 2014

Lot Details

  • 8,712 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Rambler Architecture
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,950 Sq Ft Home
  • Property has 1 Level
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Stone Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Tennis Courts
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 13-014.34-010

Community Details

Overview

  • Active Adult
  • Association fees include pool(s), common area maintenance, lawn maintenance, snow removal, trash
  • $894 Other One-Time Fees
  • Four Seasons At Silver Maple Subdivision, Lauren Model Floorplan

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,515

Year Built

Built in 2014

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Double, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Stall Shower, Kitchen - Eat-In
  • Fireplace Features: Stone, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1950
  • Net Sq Ft: 1950.00
  • Price Per Sq Ft: 189.23
  • Above Grade Finished Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: Yes
  • Exterior Features: Sidewalks, Street Lights, Tennis Court(s), Lawn Sprinkler, Exterior Lighting
  • 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
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Underground, 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Club House
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: Yes

Fee Information

  • Other Fees: 894.00
  • Other Fees Frequency: One Time

Lot Info

  • Improvement Assessed Value: 81400.00
  • Land Assessed Value: 10800.00
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: No
  • Zoning: S

Green Features

  • Green Remarks: HERS <90 Cert

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 6888456
  • Tax Annual Amount: 2515.00
  • Assessor Parcel Number: 13-014.34-010
  • Tax Lot: 010
  • Tax Year: 2016

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2019
Sold by
Fernandez Ernesto and Fernandez Sonia M
Bought by
Fernandez Maria P and Fernandez Sonia Mercedes
Current Estimated Value
$529,062

Purchase Details

Listed on
Apr 3, 2017
Closed on
Sep 15, 2017
Sold by
Bortz Peter B and Bortz Carmen M
Bought by
Fernandez Ernesto and Fernandez Sonia M
Seller's Agent
Bill Bell
Active Adults Realty
Buyer's Agent
Kim Simpson
Thyme Real Estate Co LLC
List Price
$379,000
Sold Price
$359,800
Premium/Discount to List
-$19,200
-5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$209,800
Outstanding Balance
$175,151
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$354,546

Purchase Details

Closed on
Aug 26, 2014
Sold by
K Hovnanian S Four Seasons At Silver Map
Bought by
Bortz Peter B and Bortz Carmen M

Purchase Details

Closed on
Jan 3, 2014
Sold by
Silver Maple Farms Inc
Bought by
K Hovnanians Four Seasons At Silver Map
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
Fernandez Maria P -- None Available
Fernandez Ernesto -- None Available
Bortz Peter B $369,900 None Available
K Hovnanians Four Seasons At Silver Map $126,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Ernesto $209,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $359,800 -2.5% $185 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
06/16/2017 06/16/17 Price Changed $369,000 -1.5% $189 / Sq Ft
06/08/2017 06/08/17 Price Changed $374,500 -1.2% $192 / Sq Ft
04/03/2017 04/03/17 For Sale $379,000 -- $194 / 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 $3,990 $92,200 $10,800 $81,400
2023 $3,422 $92,200 $10,800 $81,400
2022 $3,431 $92,200 $10,800 $81,400
2021 $3,389 $92,200 $10,800 $81,400
2020 $0 $92,200 $10,800 $81,400
2019 $3,863 $92,200 $10,800 $81,400
2018 $3,012 $92,200 $10,800 $81,400
2017 $2,490 $92,200 $10,800 $81,400
2016 $2,131 $92,200 $10,800 $81,400
2015 -- $90,900 $10,800 $80,100
2014 $153 $5,500 $5,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004259625

Bright MLS

APN: 13-014.34-010