$308,000
SOLD DEC 20, 2024

30611 Cedar Neck Rd Unit 2306 Ocean View, DE 19970

2 Beds
2 Baths
1,134 Sq Ft
$310/mo HOA Fee

Recently Sold

$272 Per Sq Ft

7% Below List Price

61 Days on Market

Highlights

  • Active Adult
  • Contemporary Architecture
  • Community Pool
  • Open Floorplan
  • 1 Fireplace
  • Ceramic Tile Flooring

About This Home

As of December 2024

Welcome to Cedar Bay, a well maintained 55+ community. Two miles to Bethany Beach. This condo is move-in ready. 2 bed / 2 bath, with beautiful granite kitchen countertops. The living room is open and features a sliding glass door that opens onto your screened-in porch to enjoy the sun in the day and sunsets in the evenings. Additional storage closet on your porch. Retreat into the large primary suite with a walk-in closet, a primary bathroom with double bowl vanity and walk-in shower. Enjoy a comfortable second bedroom or home office. HVAC recently cleaned and serviced. Washer / dryer in the unit and ADA accessibility. CHEER center is steps away from your condo which provides activities, games and trips. This is an incredible value for living this close to the beach.

Last Agent to Sell the Property

KARLA MORGAN

(443) 523-5250 karla@karlamorgan.com Keller Williams Realty License #RS-0020321 Listed on: 09/22/2024

Keller Williams Realty

Last Buyer's Agent

Bill Cullin

(302) 841-7147 bill.cullin@longandfoster.com Long & Foster Real Estate, Inc. License #RS0018675

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $868

Year Built

  • Built in 2006

Lot Details

  • 1 Common Wall
  • Property is in good condition

HOA Fees

  • $310 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,134 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-09.00-679.01-2306

Community Details

Overview

  • Active Adult
  • $1,488 Capital Contribution Fee
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Cedar Bay Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$868

Year Built

Built in 2006

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-09-24
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to Cedar Bay, a well maintained 55+ community. Two miles to Bethany Beach. This condo is move-in ready. 2 bed / 2 bath, with beautiful granite kitchen countertops. The living room is open and features a sliding glass door that opens onto your screened-in porch to enjoy the sun in the day and sunsets in the evenings. Additional storage closet on your porch. Retreat into the large primary suite with a walk-in closet, a primary bathroom with double bowl vanity and walk-in shower. Enjoy a comfortable second bedroom or home office. HVAC recently cleaned and serviced. Washer / dryer in the unit and ADA accessibility. CHEER center is steps away from your condo which provides activities, games and trips. This is an incredible value for living this close to the beach.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Bathroom - Walk-In Shower, Carpet, Combination Dining/Living, Dining Area, Floor Plan - Open, Primary Bath(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room Count: 6
  • Basement: No
  • Total Sq Ft: 1134
  • Living Area Sq Ft: 1134
  • Price Per Sq Ft: 291.01
  • Above Grade Finished Sq Ft: 1134
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 30611

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 930.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Capital Contribution Fee: 1488.00

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 775.00
  • Tax Annual Amount: 868.00
  • Assessor Parcel Number: 134-09.00-679.01-2306
  • Tax Total Finished Sq Ft: 1134
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 12/20/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2024
Closed on
Dec 27, 2024
Sold by
Paula E Stefanelli Living Trust and Stefanelli Paula E
Bought by
Williams Donna C
Seller's Agent
KARLA MORGAN
Keller Williams Realty
Buyer's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
List Price
$330,000
Sold Price
$308,000
Premium/Discount to List
-$22,000
-6.67%
Views
88
Current Estimated Value
$322,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,312
Avg. Annual Appreciation
6.00%
Original Mortgage
$148,000
Outstanding Balance
$146,966
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$175,346
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 Type Sale Price Title Company
Deed $308,000 None Listed On Document
Deed $308,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,000 New Conventional
Closed $148,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $308,000 -6.7% $272 / Sq Ft
09/22/2024 09/22/24 For Sale $330,000 -- $291 / 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
2025 $572 $18,300 $0 $18,300
2024 $893 $18,300 $0 $18,300
2023 $897 $18,300 $0 $18,300
2022 $883 $18,300 $0 $18,300
2021 $857 $18,300 $0 $18,300
2020 $823 $18,300 $0 $18,300
2019 $819 $18,300 $0 $18,300
2018 $827 $21,050 $0 $0
2017 $834 $21,050 $0 $0
2016 $738 $21,050 $0 $0
2015 $760 $21,050 $0 $0
2014 $749 $21,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2070980

Bright MLS

APN: 134-09.00-679.01-2306