Sold for $510,000 on 06/01/23
$510,000
548 Otter Way, Frederica, DE 19946
4beds
2,604sqft
Single Family Residence
Built in 2023
0.5 Acres Lot
$532,300 Zestimate®
$196/sqft
$2,928 Estimated rent
Home value
$532,300
$506,000 - $559,000
$2,928/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Additional Photo's to come. Ready to be your NEW Home! Don’t waste any time coming to see this lovely Custom Built newly constructed home located in the desirable well established community of Otter Run. There is plenty of room to roam and grow in this home featuring 4 bedrooms, 2.5 baths, a full unfinished basement and a two car garage. Floor plan as follows First LEVEL- A Grand two story foyer greets you with beautifully stained stairs with white treads that lead you upstairs to a catwalk that overlooks the foyer and great room area. To the left side of the home you will find the Owner’s suite which is well appointed with a step in tiled shower, soaking tub, double vanity and a nice size linen closet. The Great room features vaulted ceilings, cozy fireplace for those chilly nights, and plenty of windows with the view of nature in your private back yard. Adjacent to the great room is a powder room, a spacious kitchen with tons of storage, and a breakfast nook that leads to your back porch for your morning coffee. The formal dining room is at the front of the home with easy access from the foyer or the kitchen. Upgraded features are all wood construction white shaker style cabinets with soft close doors and drawers, pantry closet, granite counter tops in kitchen and stainless steel appliances. First level flooring is easy maintenance LVP throughout. On the Second LEVEL- there are 3 additional good size bedrooms, a hall bath and a huge storage closet. Upper three bedrooms are carpeted and the remainder is LVP. This home also has a new LPP septic system and a Builder 1 Year Warranty. With everything being new, there is nothing for you to worry about except what kind of rocking chairs you may want for your front porch! Schedule your showing now. Home is being constructed by Elite Homes a veteran owned company who has been building quality built custom homes locally for more than 22 years. Stay tuned for more photos.
Zillow last checked: 8 hours ago
Listing updated: June 02, 2023 at 12:02am
Listed by:
Theresa Cappuccino 609-515-5820,
SEA BOVA ASSOCIATES INC.
Bought with:
Elizabeth Johnson, RS-0024287
Keller Williams Realty Central-Delaware
Source: Bright MLS,MLS#: DEKT2014940
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Energy Efficient Appliances, Exhaust Fan, Oven/Range - Electric, Stainless Steel Appliance(s), Refrigerator, Water Heater, Electric Water Heater
- Laundry: Main Level, Laundry Room
Features
- Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Open Floorplan, Formal/Separate Dining Room, Pantry, Primary Bath(s), Recessed Lighting, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s), Other, Dry Wall, High Ceilings, Vaulted Ceiling(s), 9'+ Ceilings, 2 Story Ceilings
- Flooring: Luxury Vinyl, Carpet
- Doors: Sliding Glass
- Basement: Full,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,604
- Total interior livable area: 2,604 sqft
- Finished area above ground: 2,604
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Garage Faces Side, Garage Door Opener, Asphalt, Attached, Driveway, Off Street
- Attached garage spaces: 2
- Uncovered spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Rain Gutters, Sidewalks
- Pool features: None
- Has view: Yes
- View description: Creek/Stream, Trees/Woods
- Has water view: Yes
- Water view: Creek/Stream
Lot
- Size: 0.50 Acres
- Dimensions: 87.02 x 185.80
- Features: Backs to Trees, Stream/Creek
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: SM0013002031100000
- Zoning: AC
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Other
- Foundation: Permanent, Concrete Perimeter, Other
- Roof: Architectural Shingle
Condition
- Excellent
- New construction: Yes
- Year built: 2023
Details
- Builder name: Elite Homes
Utilities & green energy
- Sewer: Gravity Sept Fld
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Green energy
- Energy efficient items: Appliances, HVAC
Community & neighborhood
Location
- Region: Frederica
- Subdivision: Otter Run
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $264 annually
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2023 | Sold | $510,000-2.9%$196/sqft |
Source: | ||
| 5/25/2023 | Pending sale | $525,000$202/sqft |
Source: | ||
| 5/4/2023 | Contingent | $525,000$202/sqft |
Source: | ||
| 4/19/2023 | Listed for sale | $525,000$202/sqft |
Source: | ||
| 3/10/2023 | Listing removed | $525,000$202/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $507,500 +587.7% |
| 2023 | $2,151 +288.2% | $73,800 +738.6% |
| 2022 | $554 -66.8% | $8,800 -86.5% |
Find assessor info on the county website
Neighborhood: 19946
Nearby schools
GreatSchools rating
- 6/10Lake Forest East Elementary SchoolGrades: K-3Distance: 2 mi
- 3/10Chipman (W.T.) Middle SchoolGrades: 6-8Distance: 8.5 mi
- 5/10Lake Forest High SchoolGrades: 9-12Distance: 4.5 mi
Schools provided by the listing agent
- District: Lake Forest
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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