NOT LISTED FOR SALE

25157 Least Tern Rd Ocean View, DE 19970

Estimated Value: $668,000 - $975,000

5 Beds
3.5 Baths
3,700 Sq Ft
$234/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $875,500 $237 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,064/month

28 Days on Market

Highlights

  • Marina
  • Transportation Service
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • Community Pool

About This Home

As of February 2024

The 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

(845) 699-2094 kelley.johnson@redfin.com Redfin Corporation Listed on: 12/11/2023

Redfin Corporation

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $186

Year Built

  • Built in 2020

Lot Details

  • 7,797

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$186

Year Built

Built in 2020

Lot Details

0

HOA Fees

$386 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-12-11
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Oven - Wall, Oven - Double, Refrigerator, Stainless Steel Appliances, Energy Efficient Appliances
  • Interior Amenities: Pantry, Floor Plan - Open, Crown Moldings, Ceiling Fan(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Laundry, Storage Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3700
  • Living Area Sq Ft: 3700
  • Price Per Sq Ft: 250.00
  • Above Grade Finished Sq Ft: 3700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 25157

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: Vinyl Siding
  • Roof: Shingle
  • 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 - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 386.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Bay Forest - Waters Edge
  • HOA Condo Co-Op Amenities: Recreational Center, Marina/Marina Club, Swimming Pool, Pool - Outdoor, Game Room, Tennis Courts, Putting Green, Tot Lots/Playground, Basketball Courts, Transportation Service
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Common Area Maintenance, Snow Removal, Pool(s)
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 1350.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • 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: SELBYVILLE

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: RES
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 166.00
  • Tax Annual Amount: 186.00
  • Assessor Parcel Number: 134-08.00-1288.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 02/28/2024

MLS Schools

  • School District Name: INDIAN RIVER

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%
Views
77
Current Estimated Value
$864,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,080
Avg. Annual Appreciation
-0.81%
Original Mortgage
$700,400
Outstanding Balance
$688,684
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$175,736
Source: Public Records

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
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
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

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
2025 $1,361 $4,500 $4,500 $0
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

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Map

Source: Bright MLS

MLS Number: DESU2052524

Bright MLS

APN: 134-8.00-1288.00-5