$452,000
SOLD SEP 19, 2024

112 Setting Sun Way Frankford, DE 19945

3 Beds
2.5 Baths
1,705 Sq Ft
0.31 Acres

Recently Sold

$265 Per Sq Ft

21% Below List Price

122 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Private Lot
  • Lord Baltimore Elementary School Rated A-
  • Coastal Architecture
  • Pond

About This Home

As of September 2024

Located just 2.5 miles to the Bethany Beach boardwalk, this immaculately maintained single-story home is nestled in the peaceful community of Ocean Farms. Whether its year round living you seek, or a fantastically located second home by the sea, this cute as button home fits the bill. Entering through the front door, you are greeted by a light filled foyer with a soaring ceiling. To the right is an open dining area complete with a 10 foot tall tray ceiling and hardwood floors. The spacious living room with cathedral ceilings is centrally located in this floor plan, and flooded by light from both sides. Through a four panel French door wall, the graciously sized covered porch that faces the rising sun to the east offers extended living and entertaining space just off the living room, and the perfect spot to enjoy the birds and other wildlife around the back fountain and Koi pond. With roll down, marine grade clear vinyl weather panels, the covered back porch provides extended usability through three seasons of the year. Cook and entertain in style in this bright and spacious kitchen complete with breakfast area, storage galore, a large pantry closet, and custom quartz counters. Located just off the kitchen are a half bath and separate laundry room. Balancing the kitchen space on the other side of this floorplan are two ample sized guest bedrooms which share a Jack and Jill bathroom. Enjoying the quiet and privacy the rear of the house has to offer, the large and comfortable primary bedroom enjoys two sizable closets, one of which is a walk in, and a beautiful ensuite bath with walk in shower area complete with custom frameless glass surround. Adjoining the home is an oversized two car garage, with additional attic storage, where there is no shortage of space for your cars, lawn and garden equipment, and beach necessities. This adorable home, nestled at the end of a quiet cul-de-sac, is surrounded by an impeccably manicured yard just bursting with flowers, while also providing off street parking for eight cars. Whether its enjoying a day at the beach, an afternoon around the community swimming pool, or a quiet afternoon on the porch or in the garden, there is nothing not to love about this charmer!

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 03/11/2024

Long & Foster Real Estate, Inc.

Co-Listed By

GAIL PHELAN

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 03/11/2024

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $989

Year Built

  • Built in 2005

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 75.00 x 166.00
  • Cul-De-Sac
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Sprinkler System
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned MR

HOA Fees

  • $74 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 6 Driveway Spaces
  • Parking Storage or Cabinetry
  • Lighted Parking
  • Rear-Facing Garage
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Woods
  • Garden

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,705 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • <<selfCleaningOvenToken>>
  • <<builtInMicrowave>>
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Front Loading Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Flood Lights

Accessible Home Design

  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Pond
  • Screened Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Electric Water Heater
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 106
  • Assessor Parcel Number 134-17.00-774.00

Community Details

Overview

  • $890 Capital Contribution Fee
  • Association fees include common area maintenance, management, pool(s)
  • Built by Country Life Homes
  • Ocean Farms Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$989

Year Built

Built in 2005

Lot Details

0

HOA Fees

$74 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main, No Stairs
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Located just 2.5 miles to the Bethany Beach boardwalk, this immaculately maintained single-story home is nestled in the peaceful community of Ocean Farms. Whether its year round living you seek, or a fantastically located second home by the sea, this cute as button home fits the bill. Entering through the front door, you are greeted by a light filled foyer with a soaring ceiling. To the right is an open dining area complete with a 10 foot tall tray ceiling and hardwood floors. The spacious living room with cathedral ceilings is centrally located in this floor plan, and flooded by light from both sides. Through a four panel French door wall, the graciously sized covered porch that faces the rising sun to the east offers extended living and entertaining space just off the living room, and the perfect spot to enjoy the birds and other wildlife around the back fountain and Koi pond. With roll down, marine grade clear vinyl weather panels, the covered back porch provides extended usability through three seasons of the year. Cook and entertain in style in this bright and spacious kitchen complete with breakfast area, storage galore, a large pantry closet, and custom quartz counters. Located just off the kitchen are a half bath and separate laundry room. Balancing the kitchen space on the other side of this floorplan are two ample sized guest bedrooms which share a Jack and Jill bathroom. Enjoying the quiet and privacy the rear of the house has to offer, the large and comfortable primary bedroom enjoys two sizable closets, one of which is a walk in, and a beautiful ensuite bath with walk in shower area complete with custom frameless glass surround. Adjoining the home is an oversized two car garage, with additional attic storage, where there is no shortage of space for your cars, lawn and garden equipment, and beach necessities. This adorable home, nestled at the end of a quiet cul-de-sac, is surrounded by an impeccably manicured yard just bursting with flowers, while also providing off street parking for eight cars. Whether its enjoying a day at the beach, an afternoon around the community swimming pool, or a quiet afternoon on the porch or in the garden, there is nothing not to love about this charmer!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Exhaust Fan, Icemaker, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Sprinkler System, Bathroom - Stall Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Double Pane, Insulated, Screens, Vinyl Clad
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Tray Ceilings, Vaulted Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1705
  • Living Area Sq Ft: 1705
  • Price Per Sq Ft: 249.27
  • Above Grade Finished Sq Ft: 1705
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 112

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Flood Lights, Lawn Sprinkler, Satellite Dish, Street Lights
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Lighted Parking, Paved Parking, Private, Paved Driveway
  • Garage Features: Additional Storage Area, Garage - Rear Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 890.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Picnic Area, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s)
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, Filtered, In Ground

Fee Information

  • Capital Contribution Fee: 890.00

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Features: Backs To Trees, Cul-De-Sac, Front Yard, Landscaping, Pond, Private, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.31
  • Lot Dimensions: 75.00 x 166.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13504.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: MR
  • In City Limits: No

Building Info

  • Builder Name: Country Life Homes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 883.00
  • Tax Annual Amount: 989.00
  • Assessor Parcel Number: 134-17.00-774.00
  • Tax Lot: 106
  • Tax Total Finished Sq Ft: 1705
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 09/19/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Sep 19, 2024
Sold by
Marsiglia Jean B and Marsiglia Gary L
Bought by
Oursler Marnie and Burkett Dustin Anthony
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$574,900
Sold Price
$452,000
Premium/Discount to List
-$122,900
-21.38%
Views
184
Current Estimated Value
$454,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,133
Avg. Annual Appreciation
0.58%
Original Mortgage
$429,400
Outstanding Balance
$427,025
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$27,108

Purchase Details

Closed on
Oct 26, 2015
Sold by
Marsiglia Gary L
Bought by
Marsiglia Gary L and Marsiglia Jean B
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 $452,000 None Listed On Document
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $429,400 New Conventional
Closed $429,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $452,000 +6.4% $265 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
07/05/2024 07/05/24 Price Changed $425,000 -14.1% $249 / Sq Ft
05/30/2024 05/30/24 Price Changed $495,000 -13.9% $290 / Sq Ft
03/11/2024 03/11/24 For Sale $574,900 -- $337 / 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 $639 $23,950 $3,000 $20,950
2023 $638 $23,950 $3,000 $20,950
2022 $612 $23,950 $3,000 $20,950
2021 $592 $23,950 $3,000 $20,950
2020 $567 $23,950 $3,000 $20,950
2019 $565 $23,950 $3,000 $20,950
2018 $555 $23,950 $0 $0
2017 $559 $23,950 $0 $0
2016 $512 $23,950 $0 $0
2015 $516 $23,950 $0 $0
2014 $503 $23,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2057514

Bright MLS

APN: 134-17.00-774.00