tomo logo

$525,000

Beds
3
Baths
2.5
sq ft
1,733

56 S Flack Ave, Frederica, DE 19946

56 S Flack Ave

FREDERICA, DE 19946

  • 60 days on market
    • Price drop $25,000↓
Just Start Packing and experience waterfront living at its finest in this stunning, renovated turnkey home on the bay in Bowers Beach. This meticulously maintained property offers the perfect blend of luxury and convenience, and it comes fully furnished, ready for you to move right in and start enjoying the breathtaking views. Step inside this elegant and tastefully decorated residence, and you'll be greeted by an open and airy floor plan that makes the most of the bayfront setting. Large windows and sliding glass doors provide an abundance of natural light while framing picturesque views of the bay and its ever-changing scenery. The gourmet kitchen is a chef's dream, featuring high-end appliances, custom cabinetry, and a spacious island, all designed for both functionality and style. The living and dining areas flow seamlessly, making this home perfect for entertaining. Imagine hosting dinner parties or enjoying quiet evenings while watching the sun dip below the horizon. With the included furnishings, you can relax and entertain with ease. The bedrooms are beautifully appointed, offering comfortable and tranquil retreats. There is an ensuite bathroom and mini bar in the main bedroom. The outdoor spaces are equally impressive, with a spacious deck and a backyard that provides a serene escape. About 3 blocks from the water, it's perfect for boating, fishing, or simply relaxing by the water's edge. This home offers the ultimate beach town lifestyle with everything you need to enjoy it from day one. From the elegant furnishings to the captivating bayfront views, this property truly has it all. Don't miss this opportunity to make this dream home your own. Contact us today for a private showing, and start living the coastal life you've always imagined. This home is being sold as-is with all contents included.

Details

Property type

Single Family Residence

Est. home value

$331,845

Lot size

4,066 sq ft

Price per sq ft

$303

Year built

2007

Annual property taxes

$1,202

HOA

No

Price History

10/20/2024
Bright

Bright #DEKT2031572

Price change
$525,000
-4.55%
09/23/2024
Bright

Bright #DEKT2031572

Listed
$550,000
+80.92%
12/01/2021
Bright

Bright #DEKT2003204

Sold
$304,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

LAKE FOREST

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

$162,156
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$320,844
Cash to seller
$162,156

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

November 2022

Original loan amount

$328,150

Est. remaining balance

$320,844

Interest rate

6.7%

Loan type

FHA, 30 year

Seller

Latoya Warfield

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: 11/22/2024 at 5:40 PM

Listing updated: 10/20/2024 at 7:54 PM

Listed by: Kimberly S Ruley, KW Empower Phone #: (215) 627-3500

MLS: Bright #DEKT2031572

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