NOT LISTED FOR SALE

118 Willow Oak Ave Unit A Ocean View, DE 19970

Estimated Value: $430,000 - $454,893

3 Beds
2 Baths
1,610 Sq Ft
$193/mo HOA Fee

Last Sold October 19, 2020

Last sale price $280,000 $174 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,583/month

3 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Open Floorplan
  • Lord Baltimore Elementary School Rated A-
  • 1.84 Acre Lot
  • Clubhouse

About This Home

As of October 2020

This first level villa in Bear Trap is the lock & go lifestyle you've been looking for! The end unit configuration affords you tons of natural light coming in through the extra windows that surround nearly every room. Upon entering you'll love the spacious great room with a cozy fireplace, dining room and an open kitchen. The main area also includes a bright and cheerful screened porch which flows to the sun deck with awning - the perfect outdoor living extension to the home. A large master suite with covered porch and two additional guests rooms provides plenty of space for guests at the beach! Bear Trap's amenities are endless with multiple pools (both indoor and outdoor), clubhouse, fitness center, tennis courts, 27 hole championship golf course, volleyball and basketball. Plus, there's a beach shuttle and a restaurant and bar on premise and you are only a short drive to the world class Freeman Stage concert and arts venue. Don't wait to start living the beach lifestyle. New A/C in 2016! Call today for a tour!

Last Agent to Sell the Property

Brian Barrows

(302) 228-0204 brian@barrowsandassoc.com Monument Sotheby's International Realty License #RA-0020621 Listed on: 09/06/2020

Monument Sotheby's International Realty

Co-Listed By

Jennifer Barrows

(302) 841-9505 jenn.barrows@oasir.net Monument Sotheby's International Realty

Last Buyer's Agent

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2003

Lot Details

  • Property is in very good condition

HOA Fees

Home Design

  • Entry on the 1st floor
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,610 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Great Room
  • Dining Room
  • Screened Porch

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-16.00-1341.00-118A

Community Details

Overview

  • Association fees include common area maintenance, pool(s), trash
  • Low-Rise Condominium
  • Bear Trap Subdivision
  • Property Manager

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Property Details

Home Type

Condominium

Year Built

Built in 2003

Lot Details

0

HOA Fees

$193 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-09-07
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Refrigerator, Icemaker, Oven/Range - Electric, Oven - Self Cleaning, Disposal, Washer, Dryer
  • Entry Floor: 1
  • Interior Amenities: Floor Plan - Open, Dining Area, Entry Level Bedroom, Recessed Lighting
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Kitchen, Great Room, Bathroom 2, Primary Bathroom, Screened Porch, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 1610
  • Living Area Sq Ft: 1610
  • Price Per Sq Ft: 170.81
  • Above Grade Finished Sq Ft: 1610
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 225.79
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 353.77
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Pool - Outdoor, Tennis Courts, Fitness Center, Golf Course, Jog/Walk Path, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 1.84
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 80150.00
  • Outdoor Living Structures: Screened, Porch(es), Deck(s)
  • Property Condition: Very Good
  • Zoning: RC
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5110843
  • Assessor Parcel Number: 134-16.00-1341.00-118A

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2020
Closed on
Oct 13, 2020
Sold by
Hotes David W and Bourdeau-Defontenay Anne
Bought by
Cantello Paul and Lowrie Lisa M
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Dustin Oldfather
Compass
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$439,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,473
Avg. Annual Appreciation
9.17%
Original Mortgage
$224,000
Outstanding Balance
$198,873
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$240,600

Purchase Details

Closed on
Apr 26, 2013
Sold by
Defontenay Anne Bourdeau
Bought by
Defontenay Anne Bourdeau and Hotes David William

Purchase Details

Closed on
Mar 8, 2013
Sold by
Defontenay Anne Bourdeau
Bought by
Defontenay Anne Bourdeau and Hotes David William
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cantello Paul $280,000 None Available
Defontenay Anne Bourdeau -- District Title 1150 Connecti
Defontenay Anne Bourdeau -- District Title 1150 Connecti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cantello Paul $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $280,000 +1.8% $174 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/06/2020 09/06/20 For Sale $275,000 -- $171 / 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
2025 $938 $27,350 $0 $27,350
2024 $1,202 $27,350 $0 $27,350
2023 $1,201 $27,350 $0 $27,350
2022 $1,179 $27,350 $0 $27,350
2021 $1,144 $27,350 $0 $27,350
2020 $1,092 $27,350 $0 $27,350
2019 $1,087 $27,350 $0 $27,350
2018 $1,096 $28,950 $0 $0
2017 $1,105 $28,950 $0 $0
2016 $974 $28,950 $0 $0
2015 $1,004 $28,950 $0 $0
2014 -- $28,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU168524

Bright MLS

APN: 134-16.00-1341.00-118A