NOT LISTED FOR SALE

28331 Reef Dr Selbyville, DE 19975

Estimated Value: $337,271 - $712,000

3 Beds
2 Baths
2,100 Sq Ft
$268/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $414,702 $197 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,338/month

2 Days on Market

Highlights

  • Parking available for a boat
  • Fitness Center
  • Lake View
  • Phillip C. Showell Elementary School Rated A-
  • New Construction
  • Waterfront

About This Home

As of January 2020

The perfect sized one level home for downsizing! Beautiful, Craftsman style Fenwick model home to be built in Bunting Construction's new Single Family Home community, Lighthouse Lakes. Homeis Energy Star certified and HERS Rated and boast energy saving features like Rinnai Tankless Natural Gas water heater, Natural Gas Heat with programmable thermostat, Simonton Tilt-in windows, SMART Sense ventilation. Std features: 9 ft ceilings, Granite kitchen counters, Comfort Height Vanities, Ceramic Tile in MB Shower. Porcelain tile floors in Master Bath, Foyer and Powder Rm. Enjoy Lakeside living and all the resort style amenities in this lovely community! Only minutes to the beach. It is presumed that a real estate agent at the sales office of a builder of new homes represents the builder (seller) and not the buyer unless a different relationship is indicated above. Price reflects base price.

Last Agent to Sell the Property

Cathy S Chabot

Long & Foster Real Estate, Inc. Listed on: 11/23/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Cathy S Chabot

Long & Foster Real Estate, Inc. Listed on: 11/23/2019

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 10,019 Sq Ft Lot
  • Waterfront
  • Landscaped
  • Sprinkler System
  • Cleared Lot

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Parking available for a boat

Property Views

  • Lake
  • Pond

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Great Room
  • Dining Room
  • Sun or Florida Room
  • Crawl Space
  • Laundry on main level
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Accessible Home Design

  • Lowered Light Switches
  • Doors with lever handles

Outdoor Features

  • Water Access
  • Property is near a lake
  • Lake Privileges
  • Porch

Schools

  • Showell Elementary School
  • Selbeyville Middle School
  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Tankless Water Heater
  • Municipal Trash

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 533-18.00-238.00

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include lawn maintenance, common area maintenance, reserve funds
  • Lighthouse Lakes Homeowners Association
  • Lighthouse Lakes Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$167 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Craftsman
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Accessible Switches/Outlets, Doors - Lever Handle(s)
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2020
  • Remarks Public: The perfect sized one level home for downsizing! Beautiful, Craftsman style Fenwick model home to be built in Bunting Construction's new Single Family Home community, Lighthouse Lakes. Homeis Energy Star certified and HERS Rated and boast energy saving features like Rinnai Tankless Natural Gas water heater, Natural Gas Heat with programmable thermostat, Simonton Tilt-in windows, SMART Sense ventilation. Std features: 9 ft ceilings, Granite kitchen counters, Comfort Height Vanities, Ceramic Tile in MB Shower. Porcelain tile floors in Master Bath, Foyer and Powder Rm. Enjoy Lakeside living and all the resort style amenities in this lovely community! Only minutes to the beach. It is presumed that a real estate agent at the sales office of a builder of new homes represents the builder (seller) and not the buyer unless a different relationship is indicated above. Price reflects base price.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Oven - Self Cleaning, Oven/Range - Gas, Water Heater - Tankless, Built-In Microwave
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Island, Pantry, Entry Level Bedroom, Ceiling Fan(s), Window Treatments, Floor Plan - Open, Primary Bath(s), Sprinkler System, Upgraded Countertops, Walk-In Closet(s)
  • Window Features: Insulated, Screens, Storm
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Levels Count: 1
  • Room Count: 8
  • Room List: Dining Room, Primary Bedroom, Kitchen, Sun/Florida Room, Great Room, Attic, Additional Bedroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2250
  • Living Area Sq Ft: 2100
  • Net Sq Ft: 2208.00
  • Price Per Sq Ft: 160.00
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Unfinished Sq Ft: 150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28331

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Boat Storage, Sidewalks
  • Roof: Architectural Shingle
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway, Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Fitness Center, Jog/Walk Path, Tot Lots/Playground, Pool - Outdoor, Swimming Pool, Putting Green, Tennis Courts, Water/Lake Privileges, Common Grounds
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Common Area Maintenance, Reserve Funds
  • HOA Name: LIGHTHOUSE LAKES HOMEOWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: SHOWELL
  • Middle School: SELBEYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • Elementary School: SHOWELL
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBEYVILLE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Landscaping, Cleared
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es)
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 10195521
  • Tax Annual Amount: 1500.00
  • Assessor Parcel Number: 533-18.00-238.00
  • County Tax Payment Frequency: Annually
  • Close Date: 01/10/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2019
Closed on
Jan 10, 2020
Sold by
Lynch Farm Farmers Llc
Bought by
Stroud Robert J and Stroud Roxanne
Seller's Agent
Cathy S Chabot
Long & Foster Real Estate, Inc.
Buyer's Agent
Cathy S Chabot
Long & Foster Real Estate, Inc.
List Price
$336,000
Sold Price
$414,702
Premium/Discount to List
$78,702
23.42%
Current Estimated Value
$563,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,866
Avg. Annual Appreciation
8.37%
Original Mortgage
$367,000
Outstanding Balance
$327,111
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$323,999
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Stroud Robert J $414,702 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stroud Robert J $125,000
Closed Stroud Roxanne $55,000
Open Stroud Robert J $367,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $414,702 +23.4% $197 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
11/23/2019 11/23/19 For Sale $336,000 -- $160 / 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 $1,209 $3,000 $3,000 $0
2023 $1,205 $3,000 $3,000 $0
2022 $1,158 $3,000 $3,000 $0
2021 $1,100 $3,000 $3,000 $0
2020 $1,051 $3,000 $3,000 $0
2019 $125 $3,000 $3,000 $0
2018 $126 $3,000 $0 $0
2017 $123 $3,000 $0 $0
2016 $109 $3,000 $0 $0
2015 $112 $3,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU152042

Bright MLS

APN: 533-18.00-238.00