NOT LISTED FOR SALE

2 Reeping Way Ocean View, DE 19970

Estimated Value: $456,472 - $689,000

4 Beds
2.5 Baths
2,600 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $440,000 $169 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,697/month

4 Days on Market

Highlights

  • Water Oriented
  • View of Trees or Woods
  • Open Floorplan
  • Lord Baltimore Elementary School Rated A-
  • Waterfront
  • Coastal Architecture

About This Home

As of August 2019

Extensive upgrades inside and out make this 4 bedroom, 2.5 bath home standout in established community of Summerfield only 2.5 miles to the beach. Located on cul-de-sac with a pond as a neighbor and backing to creek and trees, you can enjoy nature from your outside living space consisting of large paver patio with a gas firepit wrapped on one side by a stone bench, deck, three season room and built-in grill with granite countertop and bar sitting area. Inside you will find an open floor plan with vaulted ceiling in great room and dining room. Natural light fills the home from the four skylights in the living and dining rooms and walls of windows in morning room bringing the outside views inside. Interior upgrades include: redesigned kitchen with granite, white cabinets and stainless appliances including induction range; white oak hardwood flooring throughout 1st floor, staircase and 2nd hall and loft; and updated owners bath. Owner's suite is located on the first floor and adjoins the three season room. Study on the first floor with french doors and bay window provides more views to the pond. 2nd Floor overlooks living space and offers 3 bedrooms, loft area and bath. For all your storage needs an extension was added to the garage to provide for extra space with two doors. The door to the rear takes you to the outdoor shower area and the side door is for easy access to trash storage area and expanded driveway. This entire side of the home is tied to the rear space via a stamped concrete walkway. And just when you thought it couldn't get any better, you find out you don't pay Ocean View town taxes and you live in a community with low HOA fees and offers a community pool. This home is being sold fully furnished.

Last Listed By

KAREN SERGISON

Keller Williams Realty Listed on: 06/21/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,518

Year Built

  • Built in 2003

Lot Details

  • 10,559 Sq Ft Lot
  • Lot Dimensions are 80.00 x 132.00
  • Waterfront
  • Cul-De-Sac
  • Landscaped
  • Extensive Hardscape
  • Backs to Trees or Woods

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 5 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway

Property Views

  • Pond
  • Woods
  • Garden

Home Design

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

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Heatilator
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Great Room
  • Dining Room
  • Den
  • Loft
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

  • Monitored
  • Exterior Cameras
  • Storm Doors

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near a pond
  • Pond
  • Deck
  • Enclosed patio or porch
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Lord Baltimore Elementary School

Utilities

  • Air Source Heat Pump
  • Back Up Electric Heat Pump System
  • Propane
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 134-17.00-731.00

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), road maintenance
  • Summerfield Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,518

Year Built

Built in 2003

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: See Exclusion List
  • Inclusions: Furnished; Outdoor Video Camera; Wink Smarthub and Ring Doorbell
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2003
  • Remarks Public: Extensive upgrades inside and out make this 4 bedroom, 2.5 bath home standout in established community of Summerfield only 2.5 miles to the beach. Located on cul-de-sac with a pond as a neighbor and backing to creek and trees, you can enjoy nature from your outside living space consisting of large paver patio with a gas firepit wrapped on one side by a stone bench, deck, three season room and built-in grill with granite countertop and bar sitting area. Inside you will find an open floor plan with vaulted ceiling in great room and dining room. Natural light fills the home from the four skylights in the living and dining rooms and walls of windows in morning room bringing the outside views inside. Interior upgrades include: redesigned kitchen with granite, white cabinets and stainless appliances including induction range; white oak hardwood flooring throughout 1st floor, staircase and 2nd hall and loft; and updated owners bath. Owner's suite is located on the first floor and adjoins the three season room. Study on the first floor with french doors and bay window provides more views to the pond. 2nd Floor overlooks living space and offers 3 bedrooms, loft area and bath. For all your storage needs an extension was added to the garage to provide for extra space with two doors. The door to the rear takes you to the outdoor shower area and the side door is for easy access to trash storage area and expanded driveway. This entire side of the home is tied to the rear space via a stamped concrete walkway. And just when you thought it couldn't get any better, you find out you don't pay Ocean View town taxes and you live in a community with low HOA fees and offers a community pool. This home is being sold fully furnished.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Icemaker, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Skylight(s), Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Screens
  • Fireplace Features: Heatilator, Fireplace - Glass Doors, Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Kitchen, Study, Sun/Florida Room, Great Room, Laundry, Loft
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 169.23
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Bbq Grill, Extensive Hardscape, Exterior Lighting, Outside Shower
  • Roof: Architectural Shingle
  • View: Garden/Lawn, Pond, Trees/Woods
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 5
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener, Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Monitored, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Propane
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 538.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Road Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Elementary School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Features: Cul-De-Sac, Landscaping, Backs To Trees
  • Lot Size Acres: 0.24
  • Lot Dimensions: 80.00 x 132.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10559.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Enclosed
  • Year Assessed: 2018
  • Zoning: L
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5116590
  • Tax Annual Amount: 1518.00
  • Assessor Parcel Number: 134-17.00-731.00
  • Tax Lot: 25
  • Tax Year: 2018
  • Close Date: 08/16/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Jul 26, 2019
Sold by
Finnerty Joseph T and Sergison Karen A
Bought by
Grochowski Andedward P and Grochowski Eileen M
Seller's Agent
KAREN SERGISON
Keller Williams Realty
Buyer's Agent
VICKIE YORK
VICKIE YORK AT THE BEACH REALTY
List Price
$440,000
Sold Price
$440,000
Total Days on Market
4
Current Estimated Value
$625,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,368
Avg. Annual Appreciation
7.02%
Original Mortgage
$290,000
Interest Rate
3.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 11, 2015
Sold by
Joseph T Joseph T and Sergison Karen A
Bought by
Finnerty Joseph T and Sergison Karen A

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 Buyer Sale Price Title Company
Grochowski Andedward P $440,000 --
Finnerty Joseph T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grochowski Edward P $270,000
Closed Grochowski Andedward P $290,000
Previous Owner Zimpo Christopher $255,000
Previous Owner Finnerty Joseph T $222,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $440,000 0.0% $169 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $440,000 -- $169 / 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 $1,684 $40,150 $5,000 $35,150
2023 $1,682 $40,150 $5,000 $35,150
2022 $1,656 $40,150 $5,000 $35,150
2021 $1,583 $40,150 $5,000 $35,150
2020 $1,510 $40,150 $5,000 $35,150
2019 $1,527 $40,150 $5,000 $35,150
2018 $1,518 $40,150 $0 $0
2017 $1,531 $40,150 $0 $0
2016 $1,339 $39,850 $0 $0
2015 $1,380 $39,850 $0 $0
2014 $1,359 $39,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU142358

Bright MLS

APN: 134-17.00-731.00