NOT LISTED FOR SALE

29718 Colony Dr Dagsboro, DE 19939

Estimated Value: $652,612 - $773,000

4 Beds
3 Baths
2,744 Sq Ft
$262/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $429,000 $156 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,106/month

156 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Craftsman Architecture
  • Lord Baltimore Elementary School Rated A-
  • Lake Privileges
  • Wood Flooring

About This Home

As of June 2019

This beautiful 4BR/3BA home offers an open floor plan -dining room, living room, a gourmet eat-in kitchen which features a gas range, granite counter tops and stainless-steel appliances, a large pantry, abundant cabinets & kitchen island overlooking the breakfast area and living room. In addition -1st level offers a split floor-plan - a master bedroom and master bath with granite counters and walk in closets, plus two additional bedrooms and full bathroom. 2nd floor offers a bedroom, a full bath and a family room or 5th bedroom. Also included - a 2-car attached garage, professionally landscaped yard w/irrigation system, an outside shower and storage shed. Bay Colony is located directly on the Indian River Bay providing large boat slip marina for boat enthusiasts, pool, tennis, and beach. Adjoining Cripple Creek Golf Club and just a short drive to Bethany Beach boardwalk, restaurants, shops and fun. Call for a showing.

Last Agent to Sell the Property

Rosie Beauclair

ERA Martin Associates, Shamrock Division License #RS-0015974 Listed on: 12/11/2018

Last Buyer's Agent

Kim Hook

RE/MAX Coastal License #RB-0031040

RE/MAX Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,321

Year Built

  • Built in 2015

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 98x130x98x131
  • Landscaped
  • Property is in very good condition

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,744 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Bonus Room
  • Crawl Space
  • Storm Doors
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Outdoor Features

  • Outdoor Shower
  • Lake Privileges
  • Patio
  • Outbuilding

Location

  • Flood Risk

Schools

  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • 220 Volts
  • 110 Volts
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 134-03.00-406.00

Community Details

Overview

  • Bay Colony HOA
  • Bay Colony Subdivision

Amenities

  • Community Center

Recreation

  • Boat Ramp
  • Pier or Dock
  • Beach
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,321

Year Built

Built in 2015

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2018-12-11
  • Federal Flood Zone: Yes
  • Year Built: 2015
  • Remarks Public: This beautiful 4BR/3BA home offers an open floor plan -dining room, living room, a gourmet eat-in kitchen which features a gas range, granite counter tops and stainless-steel appliances, a large pantry, abundant cabinets & kitchen island overlooking the breakfast area and living room. In addition -1st level offers a split floor-plan - a master bedroom and master bath with granite counters and walk in closets, plus two additional bedrooms and full bathroom. 2nd floor offers a bedroom, a full bath and a family room or 5th bedroom. Also included - a 2-car attached garage, professionally landscaped yard w/irrigation system, an outside shower and storage shed. Bay Colony is located directly on the Indian River Bay providing large boat slip marina for boat enthusiasts, pool, tennis, and beach. Adjoining Cripple Creek Golf Club and just a short drive to Bethany Beach boardwalk, restaurants, shops and fun. Call for a showing.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven - Wall, Range Hood, Stainless Steel Appliances, Washer/Dryer Hookups Only, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Ceiling Fan(s), Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Island, Window Treatments, Pantry, Carpet, Dining Area
  • Window Features: Screens, Insulated
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Breakfast Room, Bathroom 1, Bathroom 2, Bonus Room, Primary Bathroom, Half Bath
  • Basement: No
  • Total Sq Ft: 2744
  • Living Area Sq Ft: 2744
  • Price Per Sq Ft: 163.99
  • Above Grade Finished Sq Ft: 2744
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29718

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Veneer, Stone, Vinyl Siding, Stick Built
  • Exterior Features: Outbuilding(s), Outside Shower
  • Roof: Architectural 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: Paved Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts, 110 Volts
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 900.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Community Center, Pier/Dock, Pool - Outdoor, Tennis Courts, Water/Lake Privileges
  • HOA Name: BAY COLONY
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Lot Features: Landscaping
  • Lot Size Acres: 0.29
  • Lot Dimensions: 98x130x98x131
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12497.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: L
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5122420
  • School Tax: 1166.00
  • Tax Annual Amount: 1321.00
  • Assessor Parcel Number: 134-03.00-406.00
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 06/28/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2018
Closed on
Jun 28, 2019
Sold by
Mobil Weichert Workforce
Bought by
Layton Walter D and Layton Pamela S
Seller's Agent
Rosie Beauclair
ERA Martin Associates, Shamrock Division
Buyer's Agent
Kim Hook
RE/MAX Coastal
List Price
$475,000
Sold Price
$429,000
Premium/Discount to List
-$46,000
-9.68%
Current Estimated Value
$717,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,903
Avg. Annual Appreciation
6.56%
Original Mortgage
$228,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2017
Closed on
Feb 7, 2018
Sold by
Olsen Edward J and Olsen Janice H
Bought by
Rascona Samuel A and Rascona Marcia Q
Seller's Agent
Randy Mason
Jack Lingo - Rehoboth
Buyer's Agent
Kimberly Ridge
Iron Valley Real Estate at The Beach
List Price
$448,900
Sold Price
$445,000
Premium/Discount to List
-$3,900
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.72%

Purchase Details

Closed on
Mar 27, 2015
Bought by
Olsen Edward J and Olsen Janice H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,250
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2014
Bought by
Nvr Inc Dba Nvhomes
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
Layton Walter D $429,000 --
Mobil Weichert Workforce $429,000 --
Rascona Samuel A $445,000 --
Olsen Edward J -- --
Nvr Inc Dba Nvhomes -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layton Walter D $343,000
Closed Layton Pamela S $298,000
Closed Mobil Weichert Workforce $228,000
Previous Owner Olsen Edward J $350,250
Previous Owner Bay Colony Limited Partnership $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $429,000 -4.7% $156 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
03/17/2019 03/17/19 Price Changed $450,000 -3.2% $164 / Sq Ft
01/27/2019 01/27/19 Price Changed $465,000 -2.1% $169 / Sq Ft
12/11/2018 12/11/18 For Sale $475,000 +6.7% $173 / Sq Ft
02/26/2018 02/26/18 Sold $445,000 -0.9% $162 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $448,900 -- $164 / 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 $1,445 $33,250 $4,750 $28,500
2023 $1,444 $33,250 $4,750 $28,500
2022 $1,420 $33,250 $4,750 $28,500
2021 $1,378 $33,250 $4,750 $28,500
2020 $1,315 $33,250 $4,750 $28,500
2019 $1,637 $33,250 $4,750 $28,500
2018 $1,650 $34,950 $0 $0
2017 $1,268 $33,250 $0 $0
2016 $1,467 $33,250 $0 $0
2015 $1,493 $33,000 $0 $0
2014 $488 $4,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU124474

Bright MLS

APN: 134-03.00-406.00