NOT LISTED FOR SALE

20855 Cormorant Way Ocean View, DE 19970

Estimated Value: $820,121 - $851,000

4 Beds
3 Baths
3,400 Sq Ft
$245/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $795,000 $234 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,114/month

78 Days on Market

Highlights

  • Pier or Dock
  • Fitness Center
  • Open Floorplan
  • Lord Baltimore Elementary School Rated A-
  • Gourmet Kitchen
  • Clubhouse

About This Home

As of February 2023

You have to see this immaculate home in person! Come tour this Stunning 3400 sq ft home in the highly sought after Bay Forest Club. Built in 2018 and lovingly cared for, this 4 Bedroom, 3 Full Bath house is filled with upgrades and elegant touches. The large open Kitchen with Double Ovens and gas Cooktop has off white Cabinets with a Custom Hood, Granite counters and Stainless Appliances. The Kitchen opens to a spacious Living Area with a gas Fireplace and Dining area with sliding doors to the Screened Porch. EZBreeze windows have been added to the Porch for so you can use this great space throughout the year. Also on the 1st level you will find the Owner's Suite with 2 large closets and a beautiful private Bathroom. There is also a first floor Guest room with an Ensuite Bathroom and an Office with French Doors for privacy. Upstairs are two more Guest rooms with another Full Bathroom as well as a Large Loft area, Perfect for a second Living Room or a place for guests to relax. You can sit on your cozy Front Porch and enjoy watching the sunrise over the water. A gorgeous Paver Patio has been added next to the Back Porch as well as a Paver Pathway to the Outdoor Shower. Located across the street from one of the many Walking Trails and just around the corner from the newest Amenities at Bay Forest, Outdoor Pool, Fitness Center, Event Barn, Pickleball Courts and so much more. Store your Kayak at the Pier and take a paddle in the Bay or meet friends at the Friday Happy Hours. There is also a Lazy River, Beach Shuttle, Tennis and Basketball Courts, This Community has something for everyone. Being offered mostly furnished this home is your Perfect full time or part time retreat at the Beach!

Last Agent to Sell the Property

Jennifer Jones

Compass Listed on: 10/27/2022

Compass

Last Buyer's Agent

Robin Bunting

Compass License #RA-0020918

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 2018

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75.00 x 120.00
  • Extensive Hardscape
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned MR

HOA Fees

  • $286 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Bump-Outs
  • Stick Built Home

Interior Spaces

  • 3,400 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Window Treatments
  • Wood Flooring
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Built-In Double Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Outdoor Grill

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 583
  • Assessor Parcel Number 134-08.00-1259.00

Community Details

Overview

  • Built by NV Homes
  • Bay Forest Club Subdivision, Southampton Floorplan

Amenities

  • Clubhouse
  • Community Center

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,780

Year Built

Built in 2018

Lot Details

0

HOA Fees

$286 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
  • Inclusions: Some furnishings will stay
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-10-27
  • Federal Flood Zone: No
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: You have to see this immaculate home in person! Come tour this Stunning 3400 sq ft home in the highly sought after Bay Forest Club. Built in 2018 and lovingly cared for, this 4 Bedroom, 3 Full Bath house is filled with upgrades and elegant touches. The large open Kitchen with Double Ovens and gas Cooktop has off white Cabinets with a Custom Hood, Granite counters and Stainless Appliances. The Kitchen opens to a spacious Living Area with a gas Fireplace and Dining area with sliding doors to the Screened Porch. EZBreeze windows have been added to the Porch for so you can use this great space throughout the year. Also on the 1st level you will find the Owner's Suite with 2 large closets and a beautiful private Bathroom. There is also a first floor Guest room with an Ensuite Bathroom and an Office with French Doors for privacy. Upstairs are two more Guest rooms with another Full Bathroom as well as a Large Loft area, Perfect for a second Living Room or a place for guests to relax. You can sit on your cozy Front Porch and enjoy watching the sunrise over the water. A gorgeous Paver Patio has been added next to the Back Porch as well as a Paver Pathway to the Outdoor Shower. Located across the street from one of the many Walking Trails and just around the corner from the newest Amenities at Bay Forest, Outdoor Pool, Fitness Center, Event Barn, Pickleball Courts and so much more. Store your Kayak at the Pier and take a paddle in the Bay or meet friends at the Friday Happy Hours. There is also a Lazy River, Beach Shuttle, Tennis and Basketball Courts, This Community has something for everyone. Being offered mostly furnished this home is your Perfect full time or part time retreat at the Beach!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Built-In Microwave, Dryer, Icemaker, Oven - Double, Oven - Wall, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Walk-In Closet(s), Window Treatments, Wood Floors, Recessed Lighting, Floor Plan - Open, Entry Level Bedroom, Ceiling Fan(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3400
  • Living Area Sq Ft: 3400
  • Price Per Sq Ft: 235.15
  • Above Grade Finished Sq Ft: 3400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20855

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built
  • Exterior Features: Bbq Grill, Bump-Outs, Extensive Hardscape, Lawn Sprinkler, Outside Shower
  • 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
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 286.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Community Center, Exercise Room, Fitness Center, Jog/Walk Path, Pier/Dock, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.20
  • Lot Dimensions: 75.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: MR
  • In City Limits: No

Building Info

  • Builder Name: NV Homes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1585.00
  • Tax Annual Amount: 1780.00
  • Assessor Parcel Number: 134-08.00-1259.00
  • Tax Lot: 583
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/23/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Feb 23, 2023
Sold by
Ball M Steven
Bought by
Cassell Scott A and Cassell Sherry A
Seller's Agent
Jennifer Jones
Compass
Buyer's Agent
Robin Bunting
Compass
List Price
$825,000
Sold Price
$795,000
Premium/Discount to List
-$30,000
-3.64%
Total Days on Market
78
Views
38
Current Estimated Value
$832,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,780
Avg. Annual Appreciation
2.05%
Original Mortgage
$595,000
Outstanding Balance
$578,915
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$253,865

Purchase Details

Closed on
Aug 14, 2018
Sold by
Nvr Inc
Bought by
Ball Steven M and Ball Michele L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 20, 2018
Sold by
Bay Forest Llc
Bought by
Nvr Llc
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 Buyer Sale Price Title Company
Cassell Scott A $795,000 --
Ball Steven M -- --
Nvr Llc $154,194 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassell Scott A $595,000
Previous Owner Ball M Steven M $216,000
Previous Owner Ball Mark S $508,500
Previous Owner Ball Steven M $83,000
Previous Owner Ball Steven M $437,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $795,000 -0.6% $234 / Sq Ft
12/21/2022 12/21/22 Price Changed $799,500 -3.1% $235 / Sq Ft
10/27/2022 10/27/22 For Sale $825,000 -- $243 / 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 $1,843 $6,250 $6,250 $0
2023 $1,844 $6,250 $6,250 $0
2022 $1,838 $6,250 $6,250 $0
2021 $1,787 $6,250 $6,250 $0
2020 $1,715 $6,250 $6,250 $0
2019 $1,708 $6,250 $6,250 $0
2018 $280 $6,250 $0 $0
2017 $238 $6,250 $0 $0
2016 $210 $6,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2030850

Bright MLS

APN: 134-08.00-1259.00