NOT LISTED FOR SALE

27477 S Nicklaus Ave Unit 125 Millsboro, DE 19966

The Peninsula Neighborhood

Estimated Value: $562,442 - $651,000

3 Beds
2.5 Baths
2,984 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $575,000 $193 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,740/month

49 Days on Market

Highlights

  • Concierge
  • Pier or Dock
  • Water Access
  • Beach
  • Home fronts navigable water
  • Bar or Lounge

About This Home

As of May 2023

OPPORTUNITY SOMETIMES KNOCKS TWICE! Recently under contract, this home is once more available for reasons unrelated to the home or community. Make your offer by 5pm on Thursday, April 20th, and enjoy this spacious home at a price that brings you outstanding value! Selling fully furnished, with plenty of style, an open floor plan, and great outdoor spaces. Located on a lovely corner lot in this upscale gated country club community, The Peninsula on the Indian River Bay. You're greeted by a wrap-around front porch. Inside you'll find ten-foot ceilings, large spaces to gather, hardwood floors in most of the home, and new carpeting in bedrooms. That's just the beginning -- the kitchen features sought-after white beadboard cabinetry with beachy-blue subway tile backsplash. A large island with raised breakfast bar provides separation from the main living area while allowing the chef to keep on socializing. Outdoor dining space? Yes - there is a patio that includes a gas stub-out for your grill. Flex space on the main level can be a hobby room, game room, or formal dining room. The primary suite is large and sunny, with a private porch, two large walk-in closets, and a generously sized bath including both a soaking tub and tiled shower stall. Two additional bedrooms share the hall bath. A loft area provides extra space for overnight guests, or can be used as a second living room, and has a walk-out onto the second floor porch, which extends across the front of the home, and looks out to the garden. A well equipped laundry/mudroom leads out to the 2-car garage. Extra storage space in the conditioned crawlspace, entered via stairs inside the home for convenience. This home is selling FULLY FURNISHED, so you can enjoy life in The Peninsula right away! Extensive services including Verizon FIOS TV programming and internet, lawn and landscaping care, 24-hour security, and master insurance policy are part of The Peninsula's HOA/condo fees in this community. Club membership is required (ask for details) and depending on the level you choose, can include golf on the private Jack Nicklaus Signature course, tennis & pickleball. And ANY level of membership will include access to the fabulous clubhouse, indoor and outdoor pools, fitness center, nature center, and miles and miles of walking or biking trails. A capital contribution equal to 1/2 of 1% of the purchase price is a buyer's settlement expense here. Summer's just around the corner -- act now and enjoy it to the max this year!

Last Agent to Sell the Property

Sandi Bisgood

(302) 228-8625 sandi.bisgood@oasir.net Monument Sotheby's International Realty License #RA-0020214 Listed on: 03/01/2023

Monument Sotheby's International Realty

Last Buyer's Agent

Justin DiNorscia

(302) 598-1457 achievetoday@aol.com Iron Valley Real Estate at The Beach License #RS-0023105

Iron Valley Real Estate at The Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 2007

Lot Details

  • Home fronts navigable water
  • West Facing Home
  • Landscaped
  • Extensive Hardscape
  • Corner Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Front and Side Yard
  • Zero Lot Line
  • Property is in excellent condition
  • Property is zoned MR

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Blown-In Insulation
  • Batts Insulation
  • Pitched Roof
  • Architectural Shingle Roof
  • Metal Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 2,984 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Great Room
  • Family Room Off Kitchen
  • Loft
  • Game Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Built-In Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Home Security

  • Home Security System
  • Security Gate

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Water Access
  • Property near a bay
  • Multiple Balconies
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 220 Volts
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 234-30.00-304.02-125

Community Details

Overview

  • Association fees include common area maintenance, fiber optics at dwelling, health club, high speed internet, insurance, lawn maintenance, management, pier/dock maintenance, pool(s), recreation facility, reserve funds, road maintenance, sauna, security gate, snow removal, trash
  • Peninsula Community Association, Phone Number (302) 947-2036
  • Built by Miller & Smith
  • Peninsula Subdivision, South Beach Floorplan
  • Property Manager

Amenities

  • Concierge
  • Picnic Area
  • Sauna
  • Clubhouse
  • Game Room
  • Billiard Room
  • Community Dining Room
  • Recreation Room
  • Bar or Lounge

Recreation

  • Pier or Dock
  • Beach
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Infinity Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Community Spa
  • Putting Green
  • Jogging Path

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,239

Year Built

Built in 2007

Lot Details

0

HOA Fees

$377 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Contents of closets and pantry. Ladder and tools in garage.
  • Inclusions: Selling furnished with exclusions as noted.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-03-01
  • Federal Flood Zone: No
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: OPPORTUNITY SOMETIMES KNOCKS TWICE! Recently under contract, this home is once more available for reasons unrelated to the home or community. Make your offer by 5pm on Thursday, April 20th, and enjoy this spacious home at a price that brings you outstanding value! Selling fully furnished, with plenty of style, an open floor plan, and great outdoor spaces. Located on a lovely corner lot in this upscale gated country club community, The Peninsula on the Indian River Bay. You're greeted by a wrap-around front porch. Inside you'll find ten-foot ceilings, large spaces to gather, hardwood floors in most of the home, and new carpeting in bedrooms. That's just the beginning -- the kitchen features sought-after white beadboard cabinetry with beachy-blue subway tile backsplash. A large island with raised breakfast bar provides separation from the main living area while allowing the chef to keep on socializing. Outdoor dining space? Yes - there is a patio that includes a gas stub-out for your grill. Flex space on the main level can be a hobby room, game room, or formal dining room. The primary suite is large and sunny, with a private porch, two large walk-in closets, and a generously sized bath including both a soaking tub and tiled shower stall. Two additional bedrooms share the hall bath. A loft area provides extra space for overnight guests, or can be used as a second living room, and has a walk-out onto the second floor porch, which extends across the front of the home, and looks out to the garden. A well equipped laundry/mudroom leads out to the 2-car garage. Extra storage space in the conditioned crawlspace, entered via stairs inside the home for convenience. This home is selling FULLY FURNISHED, so you can enjoy life in The Peninsula right away! Extensive services including Verizon FIOS TV programming and internet, lawn and landscaping care, 24-hour security, and master insurance policy are part of The Peninsula's HOA/condo fees in this community. Club membership is required (ask for details) and depending on the level you choose, can include golf on the private Jack Nicklaus Signature course, tennis & pickleball. And ANY level of membership will include access to the fabulous clubhouse, indoor and outdoor pools, fitness center, nature center, and miles and miles of walking or biking trails. A capital contribution equal to 1/2 of 1% of the purchase price is a buyer's settlement expense here. Summer's just around the corner -- act now and enjoy it to the max this year!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Oven - Wall, Refrigerator, Oven - Double
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Double Hung, Double Pane
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Game Room, Breakfast Room, Great Room, Loft, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2984
  • Living Area Sq Ft: 2984
  • Price Per Sq Ft: 192.69
  • Above Grade Finished Sq Ft: 2984
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27477

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Batts Insulation, Blown-In Insulation, Frame, Hardiplank Type, Stick Built
  • Exterior Features: Extensive Hardscape
  • Roof: Architectural Shingle, Metal, Pitched
  • Water Access: Yes
  • Water Body Name: Indian River Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry, Inside Access, Garage Door Opener
  • 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
  • Electric Service: 220 Volts
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System, Security Gate, 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 898.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 467.00
  • Condo Co-Op Fee Frequency: Semi-Annually
  • Condo Co-Op Name: Veranda Condo Association
  • Condo Co-Op Phone: 302-645-2222
  • HOA Condo Co-Op Amenities: Bar/Lounge, Basketball Courts, Beach, Billiard Room, Club House, Concierge, Dining Rooms, Exercise Room, Fitness Center, Game Room, Gated Community, Golf Course Membership Available, Hot Tub, Jog/Walk Path, Picnic Area, Pier/Dock, Pool - Outdoor, Pool - Indoor, Putting Green, Recreational Center, Sauna, Security, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Fiber Optics At Dwelling, Health Club, High Speed Internet, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sauna, Security Gate, Snow Removal, Trash
  • HOA Name: PENINSULA COMMUNITY ASSOCIATION
  • HOA Phone: 302-947-2036
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Heated, In Ground, Indoor, Lap/Exercise, Negative Edge/Infinity

Schools

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

Lot Info

  • Lot Features: Cleared, Corner, Open, Front Yard, Landscaping, Level, Sideyard(s), Zero Lot Line
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s), Porch(es), Balconies- Multiple
  • Property Condition: Excellent
  • Zoning: MR
  • In City Limits: No

Building Info

  • Builder Name: Miller & Smith

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5163966
  • Assessor Parcel Number: 234-30.00-304.02-125
  • Close Date: 05/24/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
May 14, 2023
Sold by
Clark Ann-Monique R and Clark William W
Bought by
Cox James Francis and Cox Deborah J
Seller's Agent
Sandi Bisgood
Monument Sotheby's International Realty
Buyer's Agent
Justin DiNorscia
Iron Valley Real Estate at The Beach
List Price
$600,000
Sold Price
$575,000
Premium/Discount to List
-$25,000
-4.17%
Views
71
Current Estimated Value
$612,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,611
Avg. Annual Appreciation
2.70%
Original Mortgage
$431,250
Outstanding Balance
$419,259
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$193,352

Purchase Details

Closed on
Mar 24, 2014
Sold by
Alfano Kimberly A and Alfano Kimberly A
Bought by
Alfano Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.33%
Mortgage Type
Unknown
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
Cox James Francis $575,000 None Listed On Document
Alfano Kimberly -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox James Francis $431,250
Previous Owner Alfano Kimberly $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2023 05/24/23 Sold $575,000 0.0% $193 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/10/2023 04/10/23 Price Changed $575,000 -4.2% $193 / Sq Ft
03/01/2023 03/01/23 For Sale $600,000 +25.0% $201 / Sq Ft
07/30/2021 07/30/21 Sold $480,000 -3.0% $161 / Sq Ft View Prior Sale
05/06/2021 05/06/21 Pending -- -- --
04/16/2021 04/16/21 Price Changed $495,000 -10.0% $166 / Sq Ft
04/03/2021 04/03/21 For Sale $550,000 -- $184 / 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 $1,239 $38,500 $0 $38,500
2024 $1,657 $38,500 $0 $38,500
2023 $1,658 $38,500 $0 $38,500
2022 $1,607 $38,500 $0 $38,500
2021 $70 $38,500 $0 $38,500
2020 $1,493 $38,500 $0 $38,500
2019 $1,487 $38,500 $0 $38,500
2018 $1,512 $40,000 $0 $0
2017 $1,525 $40,000 $0 $0
2016 $1,344 $40,000 $0 $0
2015 $1,397 $40,000 $0 $0
2014 $1,376 $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2036290

Bright MLS

APN: 234-30.00-304.02-125