NOT LISTED FOR SALE

23 Reeping Way Ocean View, DE 19970

Estimated Value: $639,721 - $819,000

5 Beds
3.5 Baths
4,411 Sq Ft
$172/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $495,000 $112 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,466/month

4 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Cathedral Ceiling
  • Lord Baltimore Elementary School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of August 2020

Over 4000 square feet in the stunning 5 bedroom, 3.5 bathroom home located only minutes from the beach. Enter in the grand foyer and you will find an office space to your right with french doors, currently used as a sitting room, and to the left a formal dining room with columns and a tray ceiling. Through the entry hall you are welcomed into the grand living space with vaulted ceilings, hardwood floors, a gas fireplace and large mounted flat-screen tv. To the left of the living room is a gourmet kitchen complete with gas range, double wall ovens, built-in microwave, corian counter tops, two pantries and upgraded cabinets. This kitchen opens into a bright and cherry sun room that leads out to a private deck. Also on the first floor you will find a powder room for guests and a laundry room with upgraded cabinet storage and a wash tub. Don t forget the stunning master suite! Enjoy the luxurious sitting room, his and hers walk-in closets, large bathroom with toilet closet, two vanities, glass shower and jetted tub large enough for two. Upstairs are 3 well-appointed bedrooms, 2 full bathrooms and the 5th bedroom / bonus room. No detail has been overlooked and this home is selling FULLY FURNISHED!!! Enjoy the beautiful community of Summerfield, the community pool, ponds, sidewalks and friendly neighbors. Located just a few miles from Bethany Beach, shops, restaurants, golf, schools and Beebe Health Care's South Coastal Campus. This home truly is a must-see.

Last Listed By

Kylie Givens

WILGUS ASSOCIATES B License #RA-0020834 Listed on: 07/28/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,796

Year Built

  • Built in 2004

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75.00 x 135.00
  • Property is in very good condition
  • Property is zoned MR

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 4,411 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Formal Dining Room
  • Home Security System
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 134-17.00-752.00

Community Details

Overview

  • Summerfield Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,796

Year Built

Built in 2004

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Inclusions: All Furnishings
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Over 4000 square feet in the stunning 5 bedroom, 3.5 bathroom home located only minutes from the beach. Enter in the grand foyer and you will find an office space to your right with french doors, currently used as a sitting room, and to the left a formal dining room with columns and a tray ceiling. Through the entry hall you are welcomed into the grand living space with vaulted ceilings, hardwood floors, a gas fireplace and large mounted flat-screen tv. To the left of the living room is a gourmet kitchen complete with gas range, double wall ovens, built-in microwave, corian counter tops, two pantries and upgraded cabinets. This kitchen opens into a bright and cherry sun room that leads out to a private deck. Also on the first floor you will find a powder room for guests and a laundry room with upgraded cabinet storage and a wash tub. Don t forget the stunning master suite! Enjoy the luxurious sitting room, his and hers walk-in closets, large bathroom with toilet closet, two vanities, glass shower and jetted tub large enough for two. Upstairs are 3 well-appointed bedrooms, 2 full bathrooms and the 5th bedroom / bonus room. No detail has been overlooked and this home is selling FULLY FURNISHED!!! Enjoy the beautiful community of Summerfield, the community pool, ponds, sidewalks and friendly neighbors. Located just a few miles from Bethany Beach, shops, restaurants, golf, schools and Beebe Health Care's South Coastal Campus. This home truly is a must-see.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven - Double, Oven - Wall, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Primary Bath(s), Pantry, Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall, High
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 4411
  • Living Area Sq Ft: 4411
  • Price Per Sq Ft: 112.22
  • Above Grade Finished Sq Ft: 4411
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

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
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

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
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 42750.00
  • Land Assessed Value: 5000.00
  • Land Use Code: RS
  • Lot Size Acres: 0.23
  • Lot Dimensions: 75.00 x 135.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5116613
  • School Tax: 1584.00
  • Tax Annual Amount: 1796.00
  • Assessor Parcel Number: 134-17.00-752.00
  • Tax Lot: 46
  • Tax Total Finished Sq Ft: 704
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 08/31/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Aug 31, 2020
Sold by
Fredericks Paulette
Bought by
Marx William E and Marx Lori S
Seller's Agent
Kylie Givens
WILGUS ASSOCIATES B
Buyer's Agent
Jennifer Nangle
Taylor Properties
List Price
$495,000
Sold Price
$495,000
Total Days on Market
4
Current Estimated Value
$759,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,180
Avg. Annual Appreciation
9.51%
Original Mortgage
$396,000
Outstanding Balance
$355,390
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$403,790

Purchase Details

Listed on
Jun 7, 2017
Closed on
Feb 6, 2018
Sold by
Barrios Julian A and Barrios Amrita
Bought by
Fredericks Paulette
Seller's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
Buyer's Agent
Colleen Kellner
Northrop Realty
List Price
$458,000
Sold Price
$430,000
Premium/Discount to List
-$28,000
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$344,000
Interest Rate
3.99%
Mortgage Type
Unknown

Range of Values:

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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
Marx William E $495,000 None Available
Fredericks Paulette $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marx William E $396,000
Previous Owner Fredericks Paulette $344,000
Previous Owner Barrios Julian A $323,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $495,000 0.0% $112 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $495,000 +15.1% $112 / Sq Ft
02/09/2018 02/09/18 Sold $430,000 -3.4% $97 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
10/26/2017 10/26/17 Price Changed $445,000 -2.8% $101 / Sq Ft
06/07/2017 06/07/17 For Sale $458,000 -- $104 / 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 $1,974 $47,750 $5,000 $42,750
2023 $1,972 $47,750 $5,000 $42,750
2022 $1,940 $47,750 $5,000 $42,750
2021 $1,882 $47,750 $5,000 $42,750
2020 $1,796 $47,750 $5,000 $42,750
2019 $1,788 $47,750 $5,000 $42,750
2018 $1,805 $47,750 $0 $0
2017 $1,820 $47,750 $0 $0
2016 $1,604 $47,750 $0 $0
2015 $1,666 $47,750 $0 $0
2014 $1,422 $47,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU165546

Bright MLS

APN: 134-17.00-752.00