$785,000
SOLD JUN 21, 2021

25157 Least Tern Rd Ocean View, DE 19970

5 Beds
3.5 Baths
3,700 Sq Ft
2020 Built

Recently Sold

$212 Per Sq Ft

19 Days on Market

Highlights

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

About This Home

As of February 2024

Main Street Homes MODEL is for sale! Nantucket floorplan w/upgrades galore! From the moment you walk in you'll be impressed with the open floorplan; luxury plank floor throughout the main level; 10' ceilings on main level, 9' on upper level; an 8' tall/wide sliding glass door to the wrap porch. Have a grill for outside? there is a propane line already to use just off the porch--no more dragging tanks! Enjoy the gas fireplace on a chilly day. Cooking at home will be a pleasure...stunning navy Nightfall cabinetry topped with Calcutta Laza quartz counters and beveled subway tile backsplash! All appliances are GE Cafe. The Primary BR features a customized ceiling decor & ceiling fan, and 2 walk-in closets. The Primary BA has quartz countertops on the double sink vanity; a fully tiled shower--2 shower heads! (w/seat & frameless glass door). Laundry & Powder Room complete the main level. Upstairs.. a family room w/coffered ceiling and 4 additional bedrooms and 2 full baths. There is a Nuvo WiFi Music System with extra speakers/wiring in the home; and an alarm system is installed (activation will be per new owner) This gorgeous home is located in the award winning community of Bay Forest at Bethany Beach--just 4 miles to the Bethany Boardwalk; summer shuttle runs on a loop all summer long (Covid restrictions have suspended the service.. in place again once restrictions are no longer required). No beach? enjoy the 2 pools (lap pool is just a block away!) or the fun pool w/slides & fountains just a short bike ride away. Outdoor lit tennis courts; putting green to practice your short game; indoor basketball/pickleball courts; a garden house; and a marina for your kayak/canoe access to the Indian River Bay! (canoe slips available for an additional yearly fee) Settlement/Occupancy can take place after June 20, 2021.

Last Agent to Sell the Property

Cindy Souza

Long & Foster Real Estate, Inc. Listed on: 04/22/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mitchell David

Sheppard Realty Inc License #636139

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,953

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Property is in excellent condition

HOA Fees

Parking

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

Home Design

  • Coastal Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,700 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Great Room
  • Family Room
  • Dining Room
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Schools

  • Lord Baltimore Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Programmable Thermostat
  • Tankless Water Heater
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1-34-8-1288.00 UNIT 5

Community Details

Overview

  • $1,350 Capital Contribution Fee
  • Association fees include bus service, common area maintenance, lawn care front, lawn maintenance, lawn care side, lawn care rear, pier/dock maintenance, pool(s), recreation facility, road maintenance, snow removal, trash
  • Bay Forest Community Assn HOA
  • Bay Forest Club Subdivision

Amenities

  • Transportation Service
  • Clubhouse
  • Game Room
  • Community Center
  • Meeting Room
  • Party Room

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,953

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$346 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: property to convey vacant and NO furniture or decor
  • Historic: No
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Main Street Homes MODEL is for sale! Nantucket floorplan w/upgrades galore! From the moment you walk in you'll be impressed with the open floorplan; luxury plank floor throughout the main level; 10' ceilings on main level, 9' on upper level; an 8' tall/wide sliding glass door to the wrap porch. Have a grill for outside? there is a propane line already to use just off the porch--no more dragging tanks! Enjoy the gas fireplace on a chilly day. Cooking at home will be a pleasure...stunning navy Nightfall cabinetry topped with Calcutta Laza quartz counters and beveled subway tile backsplash! All appliances are GE Cafe. The Primary BR features a customized ceiling decor & ceiling fan, and 2 walk-in closets. The Primary BA has quartz countertops on the double sink vanity; a fully tiled shower--2 shower heads! (w/seat & frameless glass door). Laundry & Powder Room complete the main level. Upstairs.. a family room w/coffered ceiling and 4 additional bedrooms and 2 full baths. There is a Nuvo WiFi Music System with extra speakers/wiring in the home; and an alarm system is installed (activation will be per new owner) This gorgeous home is located in the award winning community of Bay Forest at Bethany Beach--just 4 miles to the Bethany Boardwalk; summer shuttle runs on a loop all summer long (Covid restrictions have suspended the service.. in place again once restrictions are no longer required). No beach? enjoy the 2 pools (lap pool is just a block away!) or the fun pool w/slides & fountains just a short bike ride away. Outdoor lit tennis courts; putting green to practice your short game; indoor basketball/pickleball courts; a garden house; and a marina for your kayak/canoe access to the Indian River Bay! (canoe slips available for an additional yearly fee) Settlement/Occupancy can take place after June 20, 2021.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Great Room, Laundry, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: No
  • Total Sq Ft: 3700
  • Living Area Sq Ft: 3700
  • Price Per Sq Ft: 212.16
  • 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
  • Construction Materials: Vinyl Siding
  • Construction Completed: Yes
  • 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
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air, Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless, Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 331.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 15.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Waters Edge at Bay Forest Condominium
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Boat Ramp, Club House, Community Center, Fitness Center, Game Room, Jog/Walk Path, Marina/Marina Club, Meeting Room, Party Room, Pier/Dock, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Transportation Service
  • HOA Condo Co-Op Fee Includes: Bus Service, Common Area Maintenance, Lawn Care Front, Lawn Maintenance, Lawn Care Side, Lawn Care Rear, Pier/Dock Maintenance, Pool(s), Recreation Facility, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: BAY FOREST COMMUNITY ASSN
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1350.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Elementary School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: LORD BALTIMORE

Lot Info

  • Horses: No
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 1-34-8-1288.00 UNIT 5
  • Close Date: 06/21/2021

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
$885,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,799
Avg. Annual Appreciation
3.03%
Original Mortgage
$700,400
Outstanding Balance
$692,056
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$221,637
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 Type Sale Price Title Company
Deed $875,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,400 New Conventional
Previous Owner $628,000 Stand Alone Refi Refinance Of Original Loan
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
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: DESU181598

Bright MLS

APN: 134-8.00-1288.00-5