NOT LISTED FOR SALE

27491 S Nicklaus Ave Unit 122 Millsboro, DE 19966

The Peninsula Neighborhood

Estimated Value: $591,679 - $677,000

4 Beds
3.5 Baths
3,400 Sq Ft
$189/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $440,000 $129 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,936/month

Highlights

  • Beach
  • Golf Club
  • Fitness Center
  • Pier or Dock
  • Bar or Lounge
  • Water Oriented

About This Home

As of December 2020

Opportunity Knocks with the gently used second home in the Veranda neighborhood in the Peninsula. Original owners and never rented. 4BR/3.5Bths over 3,000 sq ft on 3 levels. Sweeping screened front porch and rear patio with arbor. Spacious kitchen with tall Maple cabinets, gas cook top, double wall ovens, granite counter tops and pendant lights. Living room features a fireplace flanked with two built in bookcases. Off the living room is a home office with glass French Doors and recessed lights. The open floor plan flows from the kitchen to the dining area. There is a family room that can be also used as a formal dining room or second home office. The second level features the spacious owners suite with private bath with a double sink vanity, separate soaking tub and large walk in tiled shower. On this level are two guest bedrooms, full bath and full sized laundry room with washer, dryer and work sink. The third level features a full bath and the fourth bedroom. The Peninsula is a gated community. 800 acres on the Indian River Bay with resort style amenities. Jack Nicklaus Signature Golf Course. Indoor, outdoor and a wave pool, spa, fitness, tennis, dog parks, tot lot playgrounds, nature pavilion, kayak launch, trails and a private sandy beach on the Indian River Bay There are 3 fees associated with this property. The Peninsula HOA is $908 quarterly. this includes Verizon Fios high speed internet and cable, 24 hour live security, maintenance of all commons areas which include the bay beach, pier, nature pavilion, boardwalks, kayak launch, miles of trails and many ponds and water features. In addition this covers: snow removal on the streets, street lighting, refuse pick up, on site management and full lawn care including grass cutting, trimming and mulch. The Veranda condo fee is $362.50 semi-annually. This covers the master insurance policy on the exterior of the home. Not the exterior maintenance of the home. Club Membership is mandatory and there are 3 levels to choose from: Social, Sports or Reserve. Each level has a one time join up fee and a monthly fee. The Social level gives access to all the amenities except golf and tennis. (one time fee is $10,000 non refundable or $15,000 with a 90% refund when sold - $258 monthly. The Sports level allows access to all amenities including tennis and golf (pay along the way). The one time fee is $17,000 non refundable or $27,500 with a 90% refund when you sell. $309.00 monthly Reserve level includes all amenities including tennis and free golf (pay for cart rental) one time fee is $27,500 non refundable or $50,000 which is 90% refundable when you sell - $536 monthly. There is an $800 food minimum (no alcohol) in the 2 restaurants and poolside concession stand.

Last Agent to Sell the Property

Paul Maltaghati

(302) 430-3543 paul@resideinde.com Monument Sotheby's International Realty License #RS-0017798 Listed on: 10/10/2020

Monument Sotheby's International Realty

Last Buyer's Agent

Paul Maltaghati

(302) 430-3543 paul@resideinde.com Monument Sotheby's International Realty License #RS-0017798 Listed on: 10/10/2020

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,679

Year Built

  • Built in 2007

Lot Details

  • Landscaped
  • Level Lot
  • Sprinkler System
  • Property is in very good 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
  • Batts Insulation
  • Architectural Shingle Roof
  • Metal Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 3,400 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Mud Room
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Screened Porch
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Dryer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Lake Privileges
  • Screened Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Propane
  • 60+ Gallon Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 234-30.00-304.02-122

Community Details

Overview

  • $258 Recreation Fee
  • $121 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, high speed internet, insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pier/dock maintenance, reserve funds, road maintenance, security gate, snow removal, trash
  • Legum & Norman HOA
  • Built by Miller & Smith
  • Peninsula Subdivision, Catalina Floorplan

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Bar or Lounge

Recreation

  • Pier or Dock
  • Beach
  • Golf Club
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Community Spa
  • Jogging Path
  • Bike Trail

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,679

Year Built

Built in 2007

Lot Details

0

HOA Fees

$363 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
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: Opportunity Knocks with the gently used second home in the Veranda neighborhood in the Peninsula. Original owners and never rented. 4BR/3.5Bths over 3,000 sq ft on 3 levels. Sweeping screened front porch and rear patio with arbor. Spacious kitchen with tall Maple cabinets, gas cook top, double wall ovens, granite counter tops and pendant lights. Living room features a fireplace flanked with two built in bookcases. Off the living room is a home office with glass French Doors and recessed lights. The open floor plan flows from the kitchen to the dining area. There is a family room that can be also used as a formal dining room or second home office. The second level features the spacious owners suite with private bath with a double sink vanity, separate soaking tub and large walk in tiled shower. On this level are two guest bedrooms, full bath and full sized laundry room with washer, dryer and work sink. The third level features a full bath and the fourth bedroom. The Peninsula is a gated community. 800 acres on the Indian River Bay with resort style amenities. Jack Nicklaus Signature Golf Course. Indoor, outdoor and a wave pool, spa, fitness, tennis, dog parks, tot lot playgrounds, nature pavilion, kayak launch, trails and a private sandy beach on the Indian River Bay There are 3 fees associated with this property. The Peninsula HOA is $908 quarterly. this includes Verizon Fios high speed internet and cable, 24 hour live security, maintenance of all commons areas which include the bay beach, pier, nature pavilion, boardwalks, kayak launch, miles of trails and many ponds and water features. In addition this covers: snow removal on the streets, street lighting, refuse pick up, on site management and full lawn care including grass cutting, trimming and mulch. The Veranda condo fee is $362.50 semi-annually. This covers the master insurance policy on the exterior of the home. Not the exterior maintenance of the home. Club Membership is mandatory and there are 3 levels to choose from: Social, Sports or Reserve. Each level has a one time join up fee and a monthly fee. The Social level gives access to all the amenities except golf and tennis. (one time fee is $10,000 non refundable or $15,000 with a 90% refund when sold - $258 monthly. The Sports level allows access to all amenities including tennis and golf (pay along the way). The one time fee is $17,000 non refundable or $27,500 with a 90% refund when you sell. $309.00 monthly Reserve level includes all amenities including tennis and free golf (pay for cart rental) one time fee is $27,500 non refundable or $50,000 which is 90% refundable when you sell - $536 monthly. There is an $800 food minimum (no alcohol) in the 2 restaurants and poolside concession stand.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Oven - Double, Oven - Wall, Oven - Self Cleaning, Refrigerator
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Island, Kitchen - Gourmet, Pantry, Recessed Lighting, Sprinkler System, Walk-In Closet(s), Window Treatments
  • Window Features: Double Pane, Insulated, Screens
  • Fireplaces Count: 1
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Room Count: 15
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Study, Laundry, Mud Room, Bonus Room, Screened Porch
  • Basement: No
  • Laundry Type: Dryer In Unit, Upper Floor, Washer In Unit
  • Total Sq Ft: 3400
  • Living Area Sq Ft: 3400
  • Price Per Sq Ft: 132.35
  • Above Grade Finished Sq Ft: 3400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27491

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Batts Insulation, Hardiplank Type, Stick Built
  • Exterior Features: Lawn Sprinkler, Underground Lawn Sprinkler
  • Road Surface Type: Black Top, Paved
  • Roof: Architectural Shingle, Metal
  • Spa: No
  • Water Access: No
  • 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
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Rear 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
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Smoke Detector, Security Gate
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane
  • Water Source: Public
  • Internet Services: Cable, Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 908.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 362.50
  • Condo Co-Op Fee Frequency: Semi-Annually
  • HOA Condo Co-Op Amenities: Bar/Lounge, Basketball Courts, Beach, Bike Trail, Billiard Room, Cable, Club House, Fitness Center, Gated Community, Golf Club, Golf Course, Hot Tub, Jog/Walk Path, Pier/Dock, Pool - Indoor, Pool - Outdoor, Sauna, Security, Spa, Swimming Pool, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, High Speed Internet, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pier/Dock Maintenance, Reserve Funds, Road Maintenance, Security Gate, Snow Removal, Trash
  • HOA Name: LEGUM & NORMAN
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 258.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Fenced, Heated, In Ground, Indoor, Lap/Exercise

Fee Information

  • Capital Contribution Fee: 121.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Features: Landscaping, Level
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s), Porch(es), Screened
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: MR
  • In City Limits: No

Building Info

  • Builder Name: Miller & Smith

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5163963
  • School Tax: 1481.00
  • Tax Annual Amount: 1679.00
  • Assessor Parcel Number: 234-30.00-304.02-122
  • Tax Total Finished Sq Ft: 1360
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/11/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
Dec 11, 2020
Sold by
Brown George J and Brown Regina J
Bought by
Koumaras Anthony M and Koumaras Tracy L
Seller's Agent
Paul Maltaghati
Monument Sotheby's International Realty
Buyer's Agent
Paul Maltaghati
Monument Sotheby's International Realty
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Current Estimated Value
$642,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,420
Avg. Annual Appreciation
8.17%

Purchase Details

Closed on
Jun 23, 2010
Bought by
Brown George Joseph Regina J Brown

Purchase Details

Closed on
Jun 10, 2010
Bought by
Brown George Joseph Regina J Brown
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
Koumaras Anthony M $440,000 None Available
Brown George Joseph Regina J Brown -- --
Brown George Joseph Regina J Brown -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $440,000 -2.2% $129 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
10/10/2020 10/10/20 For Sale $450,000 -- $132 / 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 $1,838 $43,450 $0 $43,450
2023 $1,838 $43,450 $0 $43,450
2022 $1,808 $43,450 $0 $43,450
2021 $1,758 $43,450 $0 $43,450
2020 $1,679 $43,450 $0 $43,450
2019 $1,672 $43,450 $0 $43,450
2018 $1,700 $44,950 $0 $0
2017 $1,714 $44,950 $0 $0
2016 $1,510 $44,950 $0 $0
2015 $1,557 $44,950 $0 $0
2014 $1,533 $44,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU171020

Bright MLS

APN: 234-30.00-304.02-122