NOT LISTED FOR SALE

29567 Colony Dr Dagsboro, DE 19939

Estimated Value: $396,000 - $578,895

4 Beds
2.5 Baths
1,824 Sq Ft
$281/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $500,000 $274 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,972/month

37 Days on Market

Highlights

  • Rambler Architecture
  • Engineered Wood Flooring
  • Garden View
  • Lord Baltimore Elementary School Rated A-
  • Main Floor Bedroom
  • Heated Community Pool

About This Home

As of December 2022

This charming home sits on beautiful lot in the marina community of Bay Colony. 4 bedroom 2 1/2 bath home offers a brick wood burning fireplace, country kitchen, large front porch, fenced in back yard, 2 car garage. The Bay Colony community amenities include a clubhouse, pool & tennis, marina with slips for sale or rent.

Last Agent to Sell the Property

Ann Raskauskas

BETHANY AREA REALTY LLC License #RB-0020092 Listed on: 10/01/2022

Last Buyer's Agent

Russell Stucki

RE/MAX Realty Group Rehoboth

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,084

Year Built

  • Built in 1988

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 135.00 x 129.00
  • Property is in very good condition
  • Property is zoned MR

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Site Parking

Home Design

  • Rambler Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,824 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Engineered Wood Flooring
  • Garden Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Shower
  • Solar Heated Pool

Outdoor Features

  • Exterior Lighting

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 134-03.00-355.00

Community Details

Overview

  • Bay Colony Subdivision

Recreation

  • Heated Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,084

Year Built

Built in 1988

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Exclusions: to be sold unfurnished
  • Home Warranty: No
  • Inclusions: to be sold unfurnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: This charming home sits on beautiful lot in the marina community of Bay Colony. 4 bedroom 2 1/2 bath home offers a brick wood burning fireplace, country kitchen, large front porch, fenced in back yard, 2 car garage. The Bay Colony community amenities include a clubhouse, pool & tennis, marina with slips for sale or rent.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Water Heater, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Engineered Wood
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Eat-In, Tub Shower, Primary Bath(s), Breakfast Area, Entry Level Bedroom, Family Room Off Kitchen
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1824
  • Living Area Sq Ft: 1824
  • Price Per Sq Ft: 246.16
  • Above Grade Finished Sq Ft: 1824
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29567

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outside Shower, Exterior Lighting
  • Roof: Architectural Shingle
  • View: Garden/Lawn, Street
  • 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: Paved Parking, Private
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Site

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 900.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Solar Heated

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.34
  • Lot Dimensions: 135.00 x 129.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: MR
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5122363
  • School Tax: 928.00
  • Tax Annual Amount: 2084.00
  • Assessor Parcel Number: 134-03.00-355.00
  • Tax Lot: 20
  • Tax Total Finished Sq Ft: 1824
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/21/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2022
Closed on
Dec 15, 2022
Sold by
Sweeney Kevin E
Bought by
Smith Donald A and Smith Janet D
Seller's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
Buyer's Agent
Russell Stucki
RE/MAX Realty Group Rehoboth
List Price
$465,000
Sold Price
$500,000
Premium/Discount to List
$35,000
7.53%
Views
101
Current Estimated Value
$512,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,724
Avg. Annual Appreciation
2.81%
Original Mortgage
$305,833
Interest Rate
7.08%
Mortgage Type
Construction

Purchase Details

Listed on
May 3, 2013
Closed on
Aug 29, 2013
Bought by
Malmberg Norman H Dawn M Malmberg
Seller's Agent
JACLYN HICKMAN-HILLS
JACK HICKMAN REAL ESTATE
Buyer's Agent
Dustin Oldfather
Compass
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$265,500
Interest Rate
4.34%

Purchase Details

Listed on
May 3, 2013
Closed on
Aug 15, 2013
Bought by
Malmberg Norman H Dawn M Malmberg
Seller's Agent
JACLYN HICKMAN-HILLS
JACK HICKMAN REAL ESTATE
Buyer's Agent
Dustin Oldfather
Compass
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
4.34%
Source: Public Records

Range of Values:

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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
Smith Donald A $500,000 --
Malmberg Norman H Dawn M Malmberg $295,000 --
Malmberg Norman H Dawn M Malmberg $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Smith Donald A $305,833
Previous Owner Malmberg Norman H Dawn M Malmberg $375,200
Previous Owner Malmberg Norman H Dawn M Malmberg $265,500
Previous Owner Malmberg Norman H Dawn M Malmberg $265,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $500,000 +11.4% $274 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
11/04/2022 11/04/22 Price Changed $449,000 -3.4% $246 / Sq Ft
10/01/2022 10/01/22 For Sale $465,000 +57.6% $255 / Sq Ft
04/10/2017 04/10/17 Sold $295,000 -6.3% $162 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
11/03/2016 11/03/16 For Sale $315,000 +6.8% $173 / Sq Ft
08/23/2013 08/23/13 Sold $295,000 0.0% --
07/06/2013 07/06/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $295,000 -- --
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 $1,085 $25,650 $5,450 $20,200
2023 $1,083 $25,650 $5,450 $20,200
2022 $1,042 $25,650 $5,450 $20,200
2021 $1,011 $25,650 $5,450 $20,200
2020 $965 $25,650 $5,450 $20,200
2019 $1,264 $25,650 $5,450 $20,200
2018 $1,274 $25,650 $0 $0
2017 $1,304 $25,650 $0 $0
2016 $1,188 $25,650 $0 $0
2015 $1,214 $25,650 $0 $0
2014 $1,201 $25,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2030258

Bright MLS

APN: 134-03.00-355.00