NOT LISTED FOR SALE

763 Cherry Tree Rd Middletown, DE 19709

Estimated Value: $502,600 - $554,000

3 Beds
2 Baths
2,275 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $372,350 $164 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,329/month

20 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Active Adult
  • Rambler Architecture
  • Tennis Courts

About This Home

As of April 2020

Gorgeous ranch home in the highly desirable 55+ community, the Four Seasons at Silver Maple. This community is focused on amenity and convenience. The heart of the community is the resort style clubhouse, perfect for events, a fantastic place for gathering, boasting a fitness center, game rooms, a media room, a gathering room, and much more. There is always interaction and entertainment taking place at this active 55+ community. The list of amenities could sprawl a mile, with over 2 miles of walking trails, an outdoor pool with a tiki bar, cabana, tennis courts, bocce ball, pickleball, a community garden, and more. The amenities and convenience of this community pair perfectly with the spectacular K. Hovnanian construction and floor plan. Open concept throughout this single floor living boasts 3 bedrooms and 2.5 baths. An impeccable attention to detail and craftsmanship, you will not be at a loss for space and the seamless transition from room to room makes it ideal to hold gatherings as well. The kitchen anchors the home, with its ample counter space, granite countertops, neutral hued custom cabinetry, and breakfast bar with pendant lighting. There are rich hardwood floors throughout that provide a cohesiveness to the space, and large windows that give the entire home a warm and bright feel. Only a short drive to downtown, shopping, restaurants, and public transportation. The transition to your next chapter of home ownership is now. Make Cherry Tree a must see on your list. Fall in love with the Four Seasons at Silver Maple.

Last Agent to Sell the Property

Derek Donatelli

(484) 535-2000 derekdonatelli@donatellirealestate.com EXP Realty, LLC License #rs336160 Listed on: 02/28/2020

EXP Realty, LLC

Last Buyer's Agent

Alecia McCoy

(302) 222-3427 kamfam06@gmail.com Myers Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,203

Year Built

  • Built in 2014

Lot Details

  • 8,712

HOA Fees

  • $186 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Rambler Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,275 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • More Than Two Accessible Exits
  • 8,712 Sq Ft Lot
  • 90% Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 023
  • Assessor Parcel Number 13-014.34-023

Community Details

Overview

  • Active Adult
  • $956 Capital Contribution Fee
  • Association fees include common area maintenance, snow removal, management, pool(s), recreation facility, reserve funds, trash, lawn maintenance
  • Active Adult | Residents must be 55 or older
  • Premiere Property Management HOA, Phone Number (302) 644-2752
  • Four Seasons At Silver Maple Subdivision
  • Property Manager

Amenities

  • Clubhouse
  • Game Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,203

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: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Draperies/Curtains, Cornices/Valances, Sound System, TV(s), Security System, Intercom Devices.
  • Inclusions: Range/Oven, Kitchen Refrigerator, Dishwasher, Disposal, Sump Pump, Water Heater, Drapery/Curtain RODS ONLY, Smoke Detectors, Bathroom Vents/Fan, Wall Brackets for TV(s) MOUNTS ONLY, Garage Opener, Microwave, Washer/Dryer, Screen where present, Additional
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-02-29
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2275
  • Living Area Sq Ft: 2275
  • Price Per Sq Ft: 166.59
  • Above Grade Finished Sq Ft: 2275
  • 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, Aluminum Siding
  • 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: Built In
  • 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: 90% Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 186.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Exercise Room, Fitness Center, Game Room, Jog/Walk Path, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Management, Pool(s), Recreation Facility, Reserve Funds, Trash, Lawn Maintenance
  • HOA Name: PREMIERE PROPERTY MANAGEMENT
  • HOA Phone: (302) 644-2752
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Capital Contribution Fee: 956.00

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 88100.00
  • Land Assessed Value: 10800.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Zoning: S
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 6888469
  • School Tax: 2391.00
  • Tax Annual Amount: 3203.00
  • Assessor Parcel Number: 13-014.34-023
  • Tax Lot: 023
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Apr 28, 2020
Sold by
Enright John Joseph and Enright Robin L
Bought by
Balasbas Felicitas and Balasbas Manuel
Seller's Agent
Derek Donatelli
EXP Realty, LLC
Buyer's Agent
Alecia McCoy
Myers Realty
List Price
$379,000
Sold Price
$372,350
Premium/Discount to List
-$6,650
-1.75%
Current Estimated Value
$533,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,890
Avg. Annual Appreciation
6.31%
Original Mortgage
$223,410
Outstanding Balance
$197,972
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$329,678

Purchase Details

Closed on
Oct 31, 2014
Sold by
K Hovnanian S Four Seasons At Silver Map
Bought by
Enright John Joseph and Enright Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,845
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2014
Sold by
Silver Maple Farms Inc
Bought by
K Hovnanians Four Seasons At Silver Mapl
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
Balasbas Felicitas $372,350 None Available
Enright John Joseph $340,000 None Available
K Hovnanians Four Seasons At Silver Mapl $547,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balasbas Felicitas $223,410
Previous Owner Enright John Joseph $327,845
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $372,350 -1.8% $164 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $379,000 -- $167 / 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 $4,280 $98,900 $10,800 $88,100
2023 $3,671 $98,900 $10,800 $88,100
2022 $3,681 $98,900 $10,800 $88,100
2021 $3,636 $98,900 $10,800 $88,100
2020 $3,595 $98,900 $10,800 $88,100
2019 $3,468 $98,900 $10,800 $88,100
2018 $138 $98,900 $10,800 $88,100
2017 $2,785 $98,900 $10,800 $88,100
2016 $2,785 $97,600 $10,800 $86,800
2015 $2,711 $97,600 $10,800 $86,800
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: DENC496138

Bright MLS

APN: 13-014.34-023