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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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    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#: DEKT2014940MLS Logo

    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

    DateEventPrice
    6/1/2023Sold$510,000-2.9%$196/sqft
    Source: Bright MLS #DEKT2014940
    5/25/2023Pending sale$525,000$202/sqft
    Source: Bright MLS #DEKT2014940
    5/4/2023Contingent$525,000$202/sqft
    Source: Bright MLS #DEKT2014940
    4/19/2023Listed for sale$525,000$202/sqft
    Source: Bright MLS #DEKT2014940
    3/10/2023Listing removed$525,000$202/sqft
    Source: Bright MLS #DEKT2014940

    Public tax history

    YearProperty taxesTax 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
    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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