NOT LISTED FOR SALE

25058 W Pereling Ln Unit 411 Ocean View, DE 19970

Estimated Value: $684,110 - $1,028,000

3 Beds
2.5 Baths
2,315 Sq Ft
$389/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $613,583 $265 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,470/month

Highlights

  • Marina
  • Boat Dock
  • Transportation Service
  • Lord Baltimore Elementary School Rated A-
  • Fitness Center
  • New Construction

About This Home

As of October 2022

Cottage style homes with superior craftsmanship & opportunity to customize. The upper level has 3 additional bedrooms and a hall & jack & jill bath, and optional bonus room. 2 car garage. So many standard features... you get to pick the fun options! Enjoy resort style living in established, award winning community w/top of the line amenities. Monthly fees includes all community amenities, irrigation, and lawn care. Community offers 2 clubhouses (one has game room, pub, meeting room; one has incredible fitness center, yoga/barre exercise); 2 outdoor pools, barn has indoor basketball and pickleball court, Marina w/kayak/canoe storage and launch into Indian River Bay! FREE shuttle to beach during summer

Last Agent to Sell the Property

Cindy Souza

Long & Foster Real Estate, Inc. Listed on: 10/06/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Rich Meadows

Compass License #RS0025009

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,025

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1.48

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cottage
  • Slab Foundation
  • Fiberglass Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,315 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Fresh Air Ventilation System

Schools

  • Lord Baltimore Elementary School
  • Selbeyville Middle School
  • Indian River High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Vented Exhaust Fan
  • Underground Utilities
  • 200+ Amp Service
  • Tankless Water Heater
  • Propane Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Porch
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 1-34-8.00-1286.00 UNIT 7

Community Details

Overview

  • $1,330 Capital Contribution Fee
  • Association fees include common area maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, trash, pier/dock maintenance, insurance
  • $104 Other Monthly Fees
  • Built by Main Street Homes, LLC
  • Bay Forest Club Subdivision, Magnolia Floorplan
  • Bay Forest Club Community

Amenities

  • Transportation Service
  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room

Recreation

  • Boat Dock
  • Pier or Dock
  • Marina
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,025

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$246 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Cottage style homes with superior craftsmanship & opportunity to customize. The upper level has 3 additional bedrooms and a hall & jack & jill bath, and optional bonus room. 2 car garage. So many standard features... you get to pick the fun options! Enjoy resort style living in established, award winning community w/top of the line amenities. Monthly fees includes all community amenities, irrigation, and lawn care. Community offers 2 clubhouses (one has game room, pub, meeting room; one has incredible fitness center, yoga/barre exercise); 2 outdoor pools, barn has indoor basketball and pickleball court, Marina w/kayak/canoe storage and launch into Indian River Bay! FREE shuttle to beach during summer
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Energy Efficient Appliances, Exhaust Fan, Icemaker, Microwave, Oven - Wall, Range Hood, Refrigerator, Stainless Steel Appliances, Washer/Dryer Hookups Only, Water Heater - Tankless
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Combination Dining/Living, Crown Moldings, Entry Level Bedroom, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Wood Floors, Dining Area, Floor Plan - Open
  • Window Features: Double Pane, Insulated, Vinyl Clad
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Crawl Space, Slab
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Bedroom 1, Great Room, Laundry, Bathroom 1, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Main Floor, Hookup
  • Total Sq Ft: 2315
  • Living Area Sq Ft: 2315
  • Price Per Sq Ft: 237.80
  • Above Grade Finished Sq Ft: 2315
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 25058

Beds/Baths

  • Bedrooms: 3
  • 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
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Underground Lawn Sprinkler
  • Road Surface Type: Black Top
  • Roof: Fiberglass, Metal
  • Spa: No
  • 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
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Fresh Air Recovery System
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Owned
  • Heating Type: 90% Forced Air, Central, Forced Air
  • Heating: Yes
  • Hot Water: Tankless, Propane
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available, Under Ground, Propane
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 231.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 15.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Community Center, Exercise Room, Fitness Center, Jog/Walk Path, Meeting Room, Party Room, Pier/Dock, Pool - Outdoor, Putting Green, Swimming Pool, Tennis Courts, Tot Lots/Playground, Transportation Service, Boat Dock/Slip, Club House, Common Grounds, Marina/Marina Club
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Trash, Pier/Dock Maintenance, Insurance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground, Fenced

Fee Information

  • Other Fees: 1250.00
  • Other Fees Frequency: Annually
  • Capital Contribution Fee: 1330.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBEYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBEYVILLE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Outdoor Living Structures: Porch(es)
  • Soil Types: Sandy
  • Zoning: RESIDENTIAL
  • In City Limits: No

Green Features

  • R Factor Ceilings: R49
  • R Factor Ext Walls: R-21

Building Info

  • Builder Name: Main Street Homes, LLC

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1-34-8.00-1286.00 UNIT 7
  • Close Date: 10/07/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Sep 23, 2022
Sold by
Bay Forest Llc
Bought by
Lapides Louis B and Meehan Ann M
Seller's Agent
Cindy Souza
Long & Foster Real Estate, Inc.
Buyer's Agent
Rich Meadows
Compass
List Price
$550,500
Sold Price
$613,583
Premium/Discount to List
$63,083
11.46%
Current Estimated Value
$900,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,945
Avg. Annual Appreciation
15.45%
Original Mortgage
$521,546
Outstanding Balance
$503,741
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$396,787
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
Lapides Louis B $613,583 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lapides Louis B $104,951
Open Lapides Louis B $521,546
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $613,583 +11.5% $265 / Sq Ft
10/06/2022 10/06/22 For Sale $550,500 -- $238 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
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 $2,025 $7,400 $7,400 $0
2023 $2,005 $7,400 $7,400 $0
2022 $18 $7,400 $7,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2030500

Bright MLS

APN: 134-8.00-1286.00-11