NOT LISTED FOR SALE

30448 Madeira Ln Ocean View, DE 19970

Estimated Value: $747,512 - $798,000

3 Beds
3 Baths
2,082 Sq Ft
$370/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $789,410 $379 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,423/month

Highlights

  • New Construction
  • Open Floorplan
  • Engineered Wood Flooring
  • Lord Baltimore Elementary School Rated A-
  • Coastal Architecture
  • Community Pool

About This Home

As of February 2024

To-be-built Schell Brothers home in Marlin Chase community. Marlin Chase is a quaint community of 75 single family homes, tucked into one of the best locations in the Bethany Beach area! Bike and walk on the trails of James Farm Ecological Preserve and Fresh Pond State Park, both less than a mile away. Groceries, restaurants, and other conveniences are also located within a mile of the community or enjoy the community amenities including a pool, pickleball, grilling area, dog park, playground, community garden and zen garden. The Stonefield is a ranch floor plan that includes 3 bedrooms, 3 bathrooms, and a flex room all on one floor! Expand to a second floor if you would like a bonus loft space and/or additional bedrooms. This home also offers options for a professional kitchen, screened porch, study, courtyard, and more.

Last Agent to Sell the Property

John Zacharias

Patterson-Schwartz-OceanView License #RS-0023593 Listed on: 08/23/2023

Patterson-Schwartz-OceanView

Last Buyer's Agent

Dustin Oldfather

Compass License #RS-0017091

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Northwest Facing Home
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned GENERAL RESIDENTIAL

HOA Fees

  • $219 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Blown-In Insulation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,082 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Crawl Space
  • Fire Sprinkler System

Kitchen

  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Metered Propane
  • Private Water Source
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-9.00-21.00-31

Community Details

Overview

  • Association fees include common area maintenance, insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), road maintenance, snow removal, trash
  • Built by Schell Brothers
  • Marlin Chase Subdivision, Stonefield Floorplan

Amenities

  • Common Area

Recreation

  • Racquetball
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$219 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Stainless Steel Appliances
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Engineered Wood
  • Interior Amenities: Carpet, Crown Moldings, Floor Plan - Open, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Sprinkler System, Walk-In Closet(s)
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2082
  • Living Area Sq Ft: 2082
  • Price Per Sq Ft: 295.34
  • Above Grade Finished Sq Ft: 2082
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 30448

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Blown-In Insulation, Stick Built, Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Gutter System, Lawn Sprinkler
  • Roof: Architectural Shingle
  • Spa: No
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Metered
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Propane
  • Water Source: Private/Community Water
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 219.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Racquet Ball, Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Road Maintenance, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Horses: No
  • Land Lease: No
  • Property Condition: Excellent
  • Zoning: GENERAL RESIDENTIAL
  • In City Limits: No

Building Info

  • Builder Name: Schell Brothers

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1500.00
  • Assessor Parcel Number: 134-9.00-21.00-31
  • Tax Year: 2022
  • Close Date: 02/23/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Feb 23, 2024
Sold by
Oa Marlin Chase Llc
Bought by
Chen David D and Chen Shiva
Seller's Agent
John Zacharias
Patterson-Schwartz-OceanView
Buyer's Agent
Dustin Oldfather
Compass
List Price
$614,900
Sold Price
$789,410
Premium/Discount to List
$174,510
28.38%
Current Estimated Value
$770,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,032
Avg. Annual Appreciation
-8.13%
Source: Public Records

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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
Chen David D $789,410 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Patrick $629,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $789,410 +28.4% $379 / Sq Ft
08/23/2023 08/23/23 For Sale $614,900 -- $295 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
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 $1,380 $149,050 $149,050 $0
2023 $120 $149,050 $149,050 $0
2022 $0 $149,050 $149,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2046682

Bright MLS

APN: 134-9.00-21.00-31