$350,000
SOLD OCT 15, 2021

10040 Iron Pointe Drive Extension Unit 405A4 Millsboro, DE 19966

5 Beds
4.5 Baths
3,561 Sq Ft
$222/mo HOA Fee

Recently Sold

$98 Per Sq Ft

11% Below List Price

44 Days on Market

Highlights

  • 25 Feet of Waterfront
  • 16.27 Acre Lot
  • Coastal Architecture
  • Access to Tidal Water
  • Open Floorplan
  • Stream or River on Lot

About This Home

As of October 2021

WATERFRONT. Largest Model in community with over 3500 sf on 3 levels. 5 bedroom, 4.5 bath home surrounded by nature with great Indian River views. Community boat launch, gazebo, pool and tot-lot. Watch the eagles and other wildlife from your deck, living room or bedroom. First and second floor primary bedrooms with enSuite baths and walk in closets. Two additional bedrooms, a den and another full bath on the second floor. The kitchen has granite counters, an island and stainless steel appliances. The fully finished basement has the fifth bedroom, full bath, huge L-shaped family room and storage. The laundry is on the first floor. There are decks off the main and upper floors with water views. New carpeting and paint throughout. New hot water heater.

Last Agent to Sell the Property

BRUCE WRIGHT

Mann & Sons, Inc. License #RS-0016583 Listed on: 08/09/2021

Co-Listed By

Joanie Hannigan

Mann & Sons, Inc.

Last Buyer's Agent

BRUCE WRIGHT

Mann & Sons, Inc. License #RS-0016583 Listed on: 08/09/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,364

Year Built

  • Built in 2005

Lot Details

  • 25 Feet of Waterfront
  • Home fronts navigable water
  • Property is in very good condition

HOA Fees

  • $222 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Driveway Space
  • Front Facing Garage

Property Views

  • Water
  • Woods

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Six Panel Doors
  • Finished Basement

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • <<builtInMicrowave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • <<tubWithShowerToken>>
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Stream or River on Lot

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Metered Propane
  • Propane Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 133-17.00-16.00-405A4

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Whartons Bluff Subdivision
  • Property Manager

Recreation

  • 1 Community Docks
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,364

Year Built

Built in 2005

Lot Details

0

HOA Fees

$222 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: WATERFRONT. Largest Model in community with over 3500 sf on 3 levels. 5 bedroom, 4.5 bath home surrounded by nature with great Indian River views. Community boat launch, gazebo, pool and tot-lot. Watch the eagles and other wildlife from your deck, living room or bedroom. First and second floor primary bedrooms with enSuite baths and walk in closets. Two additional bedrooms, a den and another full bath on the second floor. The kitchen has granite counters, an island and stainless steel appliances. The fully finished basement has the fifth bedroom, full bath, huge L-shaped family room and storage. The laundry is on the first floor. There are decks off the main and upper floors with water views. New carpeting and paint throughout. New hot water heater.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Disposal, Oven/Range - Gas
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Country, Kitchen - Island, Recessed Lighting, Stall Shower, Tub Shower, Walk-In Closet(s), Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3561
  • Living Area Sq Ft: 3561
  • Price Per Sq Ft: 163.86
  • Above Grade Finished Sq Ft: 2374
  • Below Grade Finished Sq Ft: 1187
  • Total Below Grade Sq Ft: 1187
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10040

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Architectural Shingle
  • Spa: No
  • View: Water, Trees/Woods
  • Water Access Features: Canoe/Kayak, Private Access
  • Water Access: Yes
  • Water Body Name: Burtons Prong
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 25

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers, 200+ Amp Service
  • Heating Fuel: Propane - Metered
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone, Propane, Water Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 665.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Capital Contribution Fee: 2000.00

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 32600.00
  • Land Assessed Value: 2000.00
  • Land Use Code: RC
  • Lot Size Acres: 16.27
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 708721.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: RC
  • Zoning Description: Residential Condo
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5097500
  • School Tax: 1210.00
  • Tax Annual Amount: 1364.00
  • Assessor Parcel Number: 133-17.00-16.00-405A4
  • Tax Total Finished Sq Ft: 1047
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/15/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Oct 5, 2021
Sold by
Joel B Bastow Ret
Bought by
Maalghadeed Hamad B
Seller's Agent
BRUCE WRIGHT
Mann & Sons, Inc.
Buyer's Agent
BRUCE WRIGHT
Mann & Sons, Inc.
List Price
$395,000
Sold Price
$350,000
Premium/Discount to List
-$45,000
-11.39%
Current Estimated Value
$445,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,759
Avg. Annual Appreciation
5.41%

Purchase Details

Listed on
Oct 15, 2011
Closed on
Nov 16, 2012
Sold by
James P James P
Bought by
Bastow Joel B
Seller's Agent
Justin Healy
Monument Sotheby's International Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%
Original Mortgage
$195,000
Interest Rate
3.4%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $350,000 None Available
Deed $264,450 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $195,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $350,000 -10.0% $98 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $389,000 -1.5% $109 / Sq Ft
08/09/2021 08/09/21 For Sale $395,000 +49.1% $111 / Sq Ft
11/16/2012 11/16/12 Sold $265,000 0.0% $66 / Sq Ft
09/29/2012 09/29/12 Pending -- -- --
10/15/2011 10/15/11 For Sale $265,000 -- $66 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,459 $32,600 $0 $32,600
2023 $1,453 $32,600 $0 $32,600
2022 $1,406 $32,600 $0 $32,600
2021 $1,364 $32,600 $0 $32,600
2020 $1,301 $32,600 $0 $32,600
2019 $1,296 $32,600 $0 $32,600
2018 $1,320 $34,600 $0 $0
2017 $1,331 $34,600 $0 $0
2016 $1,174 $34,600 $0 $0
2015 $1,210 $34,600 $0 $0
2014 $1,192 $34,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2003938

Bright MLS

APN: 133-17.00-16.00-405A4