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$495,000

Beds
4
Baths
3.0
sq ft
1,802

14431 Breakwater Reach, Ellendale, DE 19941

14431 Breakwater Reach

ELLENDALE, DE 19941

  • 1 day on market
Welcome to your dream home! This stunning modern farmhouse perfectly blends style and comfort. Bonus #2 is that this home is also attractively priced $53,000 UNDER replacement value! The sellers relocation is your gain! This beautiful residence features a striking exterior with white siding, a welcoming red front door, and a semi-wrap around porch adorned with elegant columns and white-washed brick—ideal for sipping your morning coffee or enjoying a good book. As you enter, you'll be greeted by an open-concept layout that flows seamlessly into a gorgeous, modern kitchen. With neutral cabinets, a stunning stone backsplash, gold hardware, marble countertops, stainless steel appliances, and an island with a breakfast bar, this kitchen is a chef's delight! The stove hood exhaust was upgraded to vent directly outside, as opposed to recycling back in the home like standard ones. The spacious great room, complete with a cozy gas fireplace, is perfect for gatherings or relaxing after a day at the beach. The home boasts three well-appointed bedrooms on the first floor, including a spacious primary suite with an ensuite featuring double sinks, ample storage, and a luxurious walk-in shower. An additional bedroom upstairs serves as a suite with its own ensuite bathroom. Step outside to the charming screened-in porch off of the dining room, perfect for enjoying the seasons and entertaining guests. The expansive yard offers endless possibilities—imagine adding a paver patio, fencing, or even an outdoor kitchen oasis! Located in the desirable community of Captain’s Way within the Cape Henlopen School District, this home is just a short 15-20 minute drive from the beautiful beaches and vibrant downtown areas. The community features tennis courts, a playground, clubhouse, pool, dog park, walking trails, and it bumps right up to the Pemberton Forest Preserve, which also contains hiking trails! Don’t miss your chance to own this modern farmhouse gem! Contact us today for a private showing.

Details

Property type

Single Family Residence

Est. home value

$501,743

Lot size

7,405 sq ft

Price per sq ft

$275

Year built

2023

Annual property taxes

$1,180

Monthly HOA fee

$120

Price History

10/08/2024
Bright

Bright #DESU2072028

Listed
$495,000
-1%
03/15/2024
BrightMLS

BrightMLS #DESU2052088

Removed
$500,000
02/28/2024
BrightMLS

BrightMLS #DESU2052088

Price change
$500,000
-1.94%

Schools & Community

Elementary school: 

H.O. BRITTINGHAM

Middle school: 

MARINER

High school: 

CAPE HENLOPEN

Community features: 

Pool

School district: 

CAPE HENLOPEN

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$438
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$454,962
Cash to seller
$438

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Atlantic Prime Mortgage Llc

Loan start date

April 2023

Original loan amount

$463,125

Est. remaining balance

$454,962

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Jonathan Paul Watts and Shanna Jean Mayo Watts

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/09/2024 at 4:25 PM

Listing updated: 10/08/2024 at 1:56 PM

Listed by: Brian K Barrows, Monument Sotheby's International Realty Phone #: (302) 227-6767

MLS: Bright #DESU2072028

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