Large Location Icon

281 Otter Way; Frederica, DE Property Details

281 Otter Way, Frederica, DE is a Single Family that was built in 2005. This property is currently Financed,New Construction and is not for sale. Our records show that 281 Otter Way has 4 bedrooms, and 2.5 bathrooms, and a total of 2,800 square feet. The lot size of 281 Otter Way is 23,958 square feet.

Off market
281 Otter Way Frederica, DE 19946
$419,400 Estimated Value
4 Beds
2.5 Baths
2,800 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2005
  • Purchase Price: $10,198
  • Open Loans / Balance: 2 / $219,785
  • Est. Equity / %: $273,215 / 55.42%
  • APN: 8-00-121.04-01-20.00-000
  • Situs County: Kent
  • Length Of Ownership: 20 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Good
  • Building Quality: B-

Measurements

  • Total: 2,800/SqFt
  • Lot: 23,958/SqFt
  • Garage: 392/SqFt
  • Living: 2,800/SqFt
  • Building: 2,800/SqFt
  • Garage Finished: 392/SqFt
  • Price Per Square Foot: $3.64

Legal Description

  • Description: OTTER RUN SUBD., LOT #35 281 OTTER WAY
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lake Forest School District
  • Lat / Lon: 39.03274 / -75.49637
  • Subdivision: Otter Run
  • Property Class: Residential
  • Zoning: AC
  • County Use Code: P

Amenities

  • Plus Four: 1884
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Finished
  • Heating: Central
  • Parking: 1

HOA

  • H O A One: $275
  • H O A Amount: $264
  • H O A One Frequency: Annual
  • H O A One Name: Otter Run Homeowners Assoc Inc
  • H O A One Type: Home Owner Association

Ownership Info

281 Otter Way has no associated ownership info
281 Otter Way has no associated ownership info.

Taxes

281 Otter Way has 7 associated Taxes items

281 Otter Way, Frederica, DE pays taxes in Kent County, DE. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $419,400. The APN we've located for 281 Otter Way is 8-00-121.04-01-20.00-000.

Unlock the full report
Taxes
  • Assessed Value:  $419,400
  • Assessed Year:  2026
  • Assessed County:  Kent
  • APN:  8-00-121.04-01-20.00-000
  • Assessed Land Value:  109400
  • Tax Amount:  1955
  • Tax Year:  2025

Tax History

281 Otter Way has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $419,400 Land Value $109,400 Improvement Value $310,000 Tax Amount $2,049 Change Rate +0.048082% Assessed CR Tax Rate +0.004886%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,955 Change Rate +0.01876% Assessed CR Tax Rate
Year 2024 Assessed Value $419,400 Land Value $109,400 Improvement Value $310,000 Tax Amount $1,919 Change Rate -0.022514% Assessed CR Tax Rate +0.004576%
Year 2023 Assessed Value $65,200 Land Value $9,500 Improvement Value $55,700 Tax Amount $1,963.2 Change Rate +0.109391% Assessed CR Tax Rate +0.03011%
Year 2022 Assessed Value $65,200 Land Value $9,500 Improvement Value $55,700 Tax Amount $1,769.62 Change Rate +0.049802% Assessed CR Tax Rate +0.027141%
Year 2021 Assessed Value $65,200 Land Value $9,500 Improvement Value $55,700 Tax Amount $1,685.67 Change Rate -0.017108% Assessed CR Tax Rate +0.025854%
Year 2020 Assessed Value $65,200 Land Value $9,500 Improvement Value $55,700 Tax Amount $1,715.01 Change Rate Assessed CR Tax Rate +0.026304%
Year 2019 Assessed Value $65,200 Land Value $9,500 Improvement Value $55,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $65,200 Land Value $9,500 Improvement Value $55,700 Tax Amount $1,696.87 Change Rate -0.033145% Assessed CR Tax Rate +0.026026%
Year 2017 Assessed Value $65,200 Land Value Improvement Value Tax Amount $1,755.04 Change Rate +0.11376% Assessed CR Tax Rate +0.026918%
Year 2016 Assessed Value $65,200 Land Value Improvement Value Tax Amount $1,575.78 Change Rate +0.012198% Assessed CR Tax Rate +0.024168%
Year 2015 Assessed Value $65,200 Land Value Improvement Value Tax Amount $1,556.79 Change Rate +0.014202% Assessed CR Tax Rate +0.023877%
Year 2014 Assessed Value $65,200 Land Value Improvement Value Tax Amount $1,534.99 Change Rate Assessed CR Tax Rate +0.023543%