$568,000
SOLD JAN 23, 2025

740 Cherry Tree Rd Middletown, DE 19709

4 Beds
3 Baths
3,625 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$157 Per Sq Ft

1% Below List Price

9 Days on Market

Highlights

  • Active Adult
  • Rambler Architecture
  • Community Pool
  • Recreation Room
  • Sun or Florida Room
  • 2 Car Attached Garage

About This Home

As of January 2025

Welcome to Four Seasons as Silver Maple, where an incredible home at an even better pricepoint offers you opportunity to live in comfort, community, and charm. This spacious and inviting 4-bedroom, 3-bathroom home is designed for comfort and convenience, offering a perfect setting for relaxed, maintenance-free living. Located in a vibrant active adult community of Four Seasons at Silver Maple, the community offers a clubhouse for social events and gatherings, walking trails for outdoor enjoyment and exercise, swimming pool and sports courts for recreation, scenic green spaces and more! This property boasts a bright, open floor plan with a large sunroom that brings in plenty of natural light and offers tranquil views of the surrounding woods. Step out onto the deck to enjoy the serene outdoor space—perfect for morning coffee, afternoon relaxation, or evening gatherings. The kitchen is a chef's dream, blending functionality and design, well-appointed with modern appliances and ample storage. Downstairs, the expansive walk-out finished basement offers additional living space, a bedroom and full bathroom, as well as access to the BEAUTIFUL below-deck patio, yet another place to enjoy the beautiful outdoor views provided by the woods, walking trails, and gazebos to the rear of the home. Whether you're looking to entertain family and friends or simply relax in your own private retreat, this home offers the perfect blend of comfort, style, and convenience. Make it yours today and experience the best in retirement living!

Last Agent to Sell the Property

Megan Aitken

(302) 528-9124 Meganaitken@kw.com Keller Williams Realty License #RE0020721 Listed on: 11/09/2024

Keller Williams Realty

Co-Listed By

Julianna Nikituk

(302) 437-4953 juliannanikituk@kw.com Keller Williams Realty

Last Buyer's Agent

Lisa Marie

(302) 753-8367 yourfriendsinrealestate@gmail.com RE/MAX Edge License #RS-0018248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,994

Year Built

  • Built in 2014

Lot Details

  • 10,019 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $222 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 1 Level
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Recreation Room
  • Sun or Florida Room

Bedrooms and Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 013
  • Assessor Parcel Number 13-019.12-013

Community Details

Overview

  • Active Adult
  • Active Adult | Residents must be 55 or older
  • Built by K Hovnanian
  • Four Seasons At Silver Maple Subdivision
  • Property Manager

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,994

Year Built

Built in 2014

Lot Details

0

HOA Fees

$222 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: See exclusions addm
  • Inclusions: see inclusions addm
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 2014
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Foyer, Sun/Florida Room, Recreation Room, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Full, Partially Finished, Sump Pump
  • Total Sq Ft: 3625
  • Living Area Sq Ft: 3625
  • Price Per Sq Ft: 253.64
  • Above Grade Finished Sq Ft: 2267
  • Below Grade Finished Sq Ft: 1358
  • Total Below Grade Sq Ft: 1358
  • 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
  • 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, Covered Parking
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 222.00
  • 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: 0.23
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Property Condition: Excellent
  • Zoning: S
  • In City Limits: No

Building Info

  • Builder Name: K Hovnanian

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 3074.00
  • Tax Annual Amount: 3994.00
  • Assessor Parcel Number: 13-019.12-013
  • Tax Lot: 013
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2024
Closed on
Dec 27, 2024
Sold by
Funderburg Isaac M and Funderburg Judy Anne
Bought by
Pillai Narayana and Pillai Madhavi
Seller's Agent
Megan Aitken
Keller Williams Realty
Buyer's Agent
Lisa Marie
RE/MAX Edge
List Price
$575,000
Sold Price
$568,000
Premium/Discount to List
-$7,000
-1.22%
Views
62
Current Estimated Value
$597,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,592
Avg. Annual Appreciation
5.55%
Original Mortgage
$350,000
Outstanding Balance
$347,469
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$250,123

Purchase Details

Closed on
Mar 19, 2014
Sold by
K Hovnanian Homes Of Delaware Llc
Bought by
Funderburg Isaac M and Funderburg Judy Anne

Purchase Details

Closed on
Nov 4, 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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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 Type Sale Price Title Company
Deed $568,000 None Listed On Document
Deed $428,621 None Available
Deed $132,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2025 01/23/25 Sold $568,000 -1.2% $157 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
11/09/2024 11/09/24 For Sale $575,000 -- $159 / 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 $11,000 $100,500
2023 $4,138 $111,500 $11,000 $100,500
2022 $4,150 $111,500 $11,000 $100,500
2021 $4,053 $111,500 $11,000 $100,500
2020 $4,053 $111,500 $11,000 $100,500
2019 $3,971 $111,500 $11,000 $100,500
2018 $3,643 $111,500 $11,000 $100,500
2017 $3,495 $111,500 $11,000 $100,500
2016 $3,182 $111,500 $11,000 $100,500
2015 $3,039 $111,500 $11,000 $100,500
2014 $3,048 $109,400 $11,000 $98,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2071306

Bright MLS

APN: 13-019.12-013