NOT LISTED FOR SALE

723 Cherry Tree Rd Middletown, DE 19709

Estimated Value: $511,500 - $560,000

3 Beds
2 Baths
1,900 Sq Ft
$278/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $359,900 $189 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,294/month

About This Home

Rare find in the desirable community of Four Seasons at Silver Maple! Enjoy a relaxing and carefree lifestyle in this wonderful over 55 development. Ready for immediate occupancy and very nicely updated, this three bedroom, two bath home is on a great lot within walking distance to the club house. Upgrades include beautiful 3/4 inch Bruce hardwood floors throughout the main living area, including all three bedrooms, gourmet kitchen package with a double oven, convection microwave, upgraded cabinets, and a brand new refrigerator. A bright sun-room, third bedroom, professionally painted in beautiful neutral tones, even the two car garage is dry-walled and painted! Tons of extra storage too. Amenities in this wonderful community include a swimming pool, tiki hut, tennis courts, bocce Ball, and an active club house to gather with your friends. Don't wait for new construction, come tour today!! This is a 3 bedroom house, records are incorrect

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2016
Closed on
Jun 24, 2016
Sold by
Perna Susan and Patricia G Fleck Recocable Tru
Bought by
Reilly Christopher D and Reilly Jill E
Seller's Agent
Ali Stine
Long & Foster Real Estate, Inc.
Buyer's Agent
Craig Nelson
Empower Real Estate, LLC
List Price
$389,900
Sold Price
$359,900
Premium/Discount to List
-$30,000
-7.69%
Current Estimated Value
$527,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,725
Avg. Annual Appreciation
4.04%
Original Mortgage
$287,920
Outstanding Balance
$229,674
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$297,951

Purchase Details

Closed on
Aug 25, 2014
Sold by
Fleck Patricia Gallagher
Bought by
Fleck Patricia G and Patricia G Fleck Revocable Tru

Purchase Details

Closed on
Feb 20, 2014
Sold by
K Hovnanian Homes Of Delaware Llc
Bought by
Fleck Patricia Gallagher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,150
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2013
Sold by
Silver Maple Farms Inc
Bought by
K Hovnanian Homes Of Delaware Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Reilly Christopher D -- None Available
Fleck Patricia G -- None Available
Fleck Patricia Gallagher $355,198 None Available
K Hovnanian Homes Of Delaware Llc $168,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reilly Christopher D $287,920
Previous Owner Fleck Patricia Gallagher $284,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2016 06/24/16 Sold $359,900 0.0% $189 / Sq Ft View Prior Sale
04/25/2016 04/25/16 Pending -- -- --
03/20/2016 03/20/16 Price Changed $359,900 -5.3% $189 / Sq Ft
02/22/2016 02/22/16 Price Changed $379,900 -2.6% $200 / Sq Ft
01/09/2016 01/09/16 For Sale $389,900 -- $205 / Sq Ft

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 $3,826 $88,400 $11,000 $77,400
2023 $3,281 $88,400 $11,000 $77,400
2022 $3,290 $88,400 $11,000 $77,400
2021 $3,250 $88,400 $11,000 $77,400
2020 $3,214 $88,400 $11,000 $77,400
2019 $3,101 $88,400 $11,000 $77,400
2018 $2,888 $88,400 $11,000 $77,400
2017 $2,771 $88,400 $11,000 $77,400
2016 $2,522 $88,400 $11,000 $77,400
2015 $1,956 $88,400 $11,000 $77,400
2014 $2,463 $88,400 $11,000 $77,400
Source: Public Records

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