NOT LISTED FOR SALE

725 Cherry Tree Rd Middletown, DE 19709

Estimated Value: $522,000 - $563,000

3 Beds
2 Baths
2,200 Sq Ft
$247/Sq Ft Est. Value

Last Sold June 05, 2019

Last sale price $390,000 $177 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,378/month

38 Days on Market

Highlights

  • Fitness Center
  • Eat-In Gourmet Kitchen
  • Clubhouse
  • Active Adult
  • Open Floorplan
  • Rambler Architecture

About This Home

As of June 2019

Absolutely stunning true one-story living in the premier 55+ community of the Four Seasons At Silver Maple with fantastic amenities. Over 2 miles of walking trails and common grounds. A resort style Clubhouse, features an extensive exercise room, aerobic room, gathering areas including a card room, reading room, kitchen, bar area with high top tables, a billiard room, shuffle board and ping pong and a multi-seat movie theater, A nice size outdoor pool with a tiki bar and cabanas, tennis courts, bocce ball, horseshoes, fire pit as well as a community garden where you can reserve a space to grow your favorite fruits and vegetables. Also, there are clubs of all kinds, group trips and excursions and much more! Not to mention grass cutting, fertilization, mulching & trimming once a year, Trash Service and snow removal including sidewalks and driveways. All for the low monthly fee of $186.00. This Beautiful 3 bedroom, 2 bath "Martinique" floor plan is one of the most popular floor plans in the community. It is situated on a nice lot, only a short leisurely stroll to the clubhouse and the walking trail. This home features fresh paint, Crown molding, Open airy feel, Large windows with custom plantation shutters, Hardwood flooring throughout the main floor INCLUDING the bedrooms, Tiled bathrooms, Dining room, Great room, Breakfast area, Open concept gourmet kitchen featuring upgraded cabinetry, granite countertops, double ovens, gas cooktop, under cabinet lighting and plenty of seating around the island. A large Master bedroom with double walk-in closets and a very nice size master bath with separate vanities, water closet and a walk-in custom spa shower with frameless glass doors. Guest bedroom with French doors which makes it flexible to be a bedroom, an office or a den. Unfinished basement offers plenty of space and storage, Rough-ins for a bathroom and a walk-up for easy access and future finishing. Irrigation system too! This home is well priced and ready for its next owners. Only a short drive to downtown, shopping and restaurants.

Last Agent to Sell the Property

Karim MOZHER

(302) 345-0295 karim.mozher@exprealty.com EXP Realty, LLC License #RS-0024585 Listed on: 03/04/2019

EXP Realty, LLC

Last Buyer's Agent

Lisa Lyons

(610) 299-3933 lisalyonsrealtor@gmail.com EXP Realty, LLC License #RS-0025321

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 2014

Lot Details

  • 10,454 Sq Ft Lot
  • Sprinkler System
  • Property is in good condition

HOA Fees

  • $186 Monthly HOA Fees

Parking

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

Home Design

  • Rambler Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Active Radon Mitigation
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Windows
  • Window Screens
  • French Doors
  • Sliding Doors
  • Dining Area
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Doors are 32 inches wide or more
  • Level Entry For Accessibility

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater
  • Fiber Optics Available

Listing and Financial Details

  • Tax Lot 012
  • Assessor Parcel Number 13-014.34-012

Community Details

Overview

  • Active Adult
  • $900 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, pool(s), snow removal, trash, lawn care front, lawn care rear, lawn care side, management
  • Active Adult | Residents must be 55 or older
  • Premiere Property Management HOA, Phone Number (302) 644-2752
  • Built by K. Hovnanian
  • Four Seasons At Silver Maple Subdivision, Martinique Floorplan
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Game Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,021

Year Built

Built in 2014

Lot Details

0

HOA Fees

$186 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 32"+ Wide Doors, Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Plantation shutters, Washer & Dryer, Bar stools.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Pantry, Recessed Lighting, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Double Pane, Energy Efficient, Insulated, Low-E, Screens
  • Other Equipment: Negotiable
  • Fireplace: No
  • Door Features: French, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter, Active Radon Mitigation
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full
  • Basement Footprint Percent: 100.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 181.82
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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
  • Exterior Features: Lawn Sprinkler, Sidewalks, Street Lights, Underground Lawn Sprinkler
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • 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
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Fiber Optics Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 186.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail, Club House, Common Grounds, Exercise Room, Fitness Center, Game Room, Jog/Walk Path, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Pool(s), Snow Removal, Trash, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Management
  • HOA Name: PREMIERE PROPERTY MANAGEMENT
  • HOA Phone: 302.644.2752
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Loss Mitigation Fee?: No
  • Capital Contribution Fee: 900.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 84300.00
  • Land Assessed Value: 11000.00
  • Lot Size Acres: 0.24
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • Property Condition: Good
  • 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
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 6888458
  • School Tax: 2233.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3021.00
  • Assessor Parcel Number: 13-014.34-012
  • Tax Lot: 012
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Jun 5, 2019
Sold by
Kempski Frank Richard
Bought by
Danley Gail Ainscow
Seller's Agent
Karim MOZHER
EXP Realty, LLC
Buyer's Agent
Lisa Lyons
EXP Realty, LLC
List Price
$407,000
Sold Price
$390,000
Premium/Discount to List
-$17,000
-4.18%
Current Estimated Value
$543,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,555
Avg. Annual Appreciation
5.19%
Original Mortgage
$200,000
Outstanding Balance
$176,202
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$367,353

Purchase Details

Closed on
Jan 24, 2014
Sold by
K Hovnanian Homes Of Delaware Llc
Bought by
Kempski Frank Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,800
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 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
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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
Danley Gail Ainscow -- None Available
Kempski Frank Richard $677,418,666 None Available
K Hovnanian Homes Of Delaware Llc $99,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danley Gail Ainscow $200,000
Previous Owner Kempski Frank Richard $283,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2019 06/05/19 Sold $390,000 -2.5% $177 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
03/30/2019 03/30/19 Price Changed $400,000 -1.7% $182 / Sq Ft
03/04/2019 03/04/19 For Sale $407,000 -- $185 / 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 $4,124 $95,300 $11,000 $84,300
2023 $3,537 $95,300 $11,000 $84,300
2022 $3,547 $95,300 $11,000 $84,300
2021 $3,503 $95,300 $11,000 $84,300
2020 $3,464 $95,300 $11,000 $84,300
2019 $3,514 $95,300 $11,000 $84,300
2018 $310 $95,300 $11,000 $84,300
2017 $2,719 $95,300 $11,000 $84,300
2016 $2,719 $95,300 $11,000 $84,300
2015 $2,647 $95,300 $11,000 $84,300
2014 $2,655 $95,300 $11,000 $84,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC416940

Bright MLS

APN: 13-014.34-012