25157 Least Tern Rd Ocean View, DE 19970
Estimated Value: $863,000 - $978,000
5
Beds
3.5
Baths
3,700
Sq Ft
$245/Sq Ft
Est. Value
Highlights
- Marina
- Transportation Service
- Coastal Architecture
- Lord Baltimore Elementary School Rated A-
- Open Floorplan
- Community Pool
About This Home
As of February 2024The seller's found their home of choice and are motivated! Don't miss this former model home built by Main Street Homes. This immaculate five-bedroom home sits on a corner lot in the desirable Bay Forest Club community! First, you are welcomed by the stunning full wrap-around porch leading you into the sprawling home boasting 3,700 square feet of living space with an open layout, soaring 10-foot ceilings, extensive high-end moldings & trim work throughout. The open main level features a spacious, bright living room with a cozy gas fireplace, flowing seamlessly into the formal dining area and custom kitchen with Calcatta Laza quartz countertops, upgraded cabinetry and a double wall oven. The large Primary Bedroom suite is conveniently located on the main level and offers a huge walk-in closet and a spa-like full bathroom with a tiled walk-in shower & dual vanity. A half bath and laundry/mud room complete the main floor. Upstairs, you'll find four perfectly situated bedrooms, two full bathrooms, plus an extra-large sitting room/office. The community offers several amazing amenities such as a private marina, two pools (one with a lazy river & slides), Recreation center, gym, game room, tennis, pickleball & basketball courts, Bocce area, putting green, playground, miles of wooded nature trails, and even a summertime shuttle to Bethany Beach.
Last Agent to Sell the Property
Kelley Johnson
Redfin Corporation Listed on: 12/11/2023
Last Buyer's Agent
Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $186
Year Built
- Built in 2020
HOA Fees
- $386 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Driveway
- Parking Lot
Home Design
- Coastal Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,700 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Crown Molding
- Ceiling Fan
- Gas Fireplace
- Sitting Room
- Living Room
- Dining Room
- Storage Room
- Crawl Space
Kitchen
- Built-In Double Oven
- Built-In Range
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Laundry on main level
Eco-Friendly Details
- Energy-Efficient Appliances
Schools
- Lord Baltimore Elementary School
- Selbyville Middle School
- Indian River High School
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 134-08.00-1288.00
Community Details
Overview
- $1,350 Capital Contribution Fee
- Association fees include lawn maintenance, common area maintenance, snow removal, pool(s)
- Bay Forest Club Subdivision
Amenities
- Transportation Service
- Game Room
- Recreation Room
Recreation
- Marina
- Tennis Courts
- Community Basketball Court
- Community Playground
- Community Pool
- Putting Green
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 11, 2023
Closed on
Feb 28, 2024
Sold by
Berard Russell Paul and Berard Angela Hill
Bought by
Lemm David A and Lemm Jamie M
Seller's Agent
Kelley Johnson
Redfin Corporation
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$975,000
Sold Price
$875,500
Premium/Discount to List
-$99,500
-10.21%
Total Days on Market
28
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,127
Avg. Annual Appreciation
2.88%
Original Mortgage
$700,400
Outstanding Balance
$692,056
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$215,571
Similar Homes in Ocean View, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lemm David A | $875,500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lemm David A | $700,400 | |
| Previous Owner | Berard Angela H | $628,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2024 02/28/24 | Sold | $875,500 | -5.4% | $237 / Sq Ft |
| 12/26/2023 12/26/23 | Price Changed | $925,000 | -5.1% | $250 / Sq Ft |
| 12/11/2023 12/11/23 | For Sale | $975,000 | +24.2% | $264 / Sq Ft |
| 06/21/2021 06/21/21 | Sold | $785,000 | 0.0% | $212 / Sq Ft |
| 05/11/2021 05/11/21 | Pending | -- | -- | -- |
| 05/06/2021 05/06/21 | For Sale | $785,000 | 0.0% | $212 / Sq Ft |
| 05/05/2021 05/05/21 | Pending | -- | -- | -- |
| 04/22/2021 04/22/21 | For Sale | $785,000 | -- | $212 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,953 | $4,500 | $4,500 | $0 |
| 2023 | $1,957 | $4,500 | $4,500 | $0 |
| 2022 | $1,906 | $4,500 | $4,500 | $0 |
| 2021 | $1,791 | $4,500 | $4,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Kelley Johnson
Redfin Corporation
(845) 699-2094
-
Lee Ann Wilkinson
Buyer's Agent in 2024
Lee Ann Wilkinson
BHHS PenFed (actual)
(302) 278-6726
25 in this area
1,947 Total Sales
-
Cindy Souza
Seller's Agent in 2021
Cindy Souza
Long & Foster
(301) 332-5032
27 in this area
191 Total Sales
-
Mitchell David
Buyer's Agent in 2021
Mitchell David
Sheppard Realty Inc
(443) 614-7048
2 in this area
162 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2052524
APN: 134-8.00-1288.00-5
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