NOT LISTED FOR SALE

31231 Presidio Ln Unit 11 Ocean View, DE 19970

Estimated Value: $478,278 - $619,000

3 Beds
2.5 Baths
1,780 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $373,364 $210 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,227/month

25 Days on Market

Highlights

  • Parking available for a boat
  • New Construction
  • Open Floorplan
  • Lord Baltimore Elementary School Rated A-
  • Gourmet Kitchen
  • Coastal Architecture

About This Home

As of May 2021

SALT AIRE IS SOLD OUT! Salt Aire is a new secluded Delaware beach cottage style home community standard pricing $348,075 (lots 5-8) $365,479 (lots 9-12) Customize as you desire. A new 19 cottage home wooded and open landscape site plan located just 15 minutes by bike, Bethany Beach, one of the most delightful family resorts on the Delaware beach coast. Bethany Beach is famous for its kid-friendly boardwalk, evening musical concerts, wide sandy beaches, and fine dining. Just north of Salt Aire community are the Indian River Inlet State Park beach and to the south, the Fenwick Island State Park beach.The Cedar Neck area of Ocean View has that old-time feeling from beach neighborhoods of years ago. The local neighborhood grocery store, quiet streets, and the neighboring James Farm Ecological Preserve offer a haven for your family that is only minutes from the Bethany Beach boardwalk. Salt Aire may remind you of that old beach house you visited As a child, but it is a thoroughly modern update of the style. Elevated on sturdy pilings with plenty of covered guest parking and amenities such as decks and porches. Salt Aire homes make a wonderful family retreat at the beach. This is the open plan you remember, with welcome eat-in kitchen, dining space for 10, and spacious bedrooms and baths. Home plan features a first floor master bedroom & bath w/luxury vinyl throughout 1st floor, MBR features carpet. 2nd Floor has two additional spacious coastal bedrooms w/walk in closets, and another bath w/skylight. Covered front porch and rear deck for your outdoor entertaining. Upgrade your deck to a screened porch, or add an outside shower and shed. Builder will customize to suite. BOATS & JET SKIS ALLOWED! SALT AIRE IS SOLD OUT!

Last Agent to Sell the Property

Susan Clark

Iron Valley Real Estate at The Beach License #RA-0031111 Listed on: 08/02/2020

Iron Valley Real Estate at The Beach

Last Buyer's Agent

Susan Clark

Iron Valley Real Estate at The Beach License #RA-0031111 Listed on: 08/02/2020

Iron Valley Real Estate at The Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Extensive Hardscape

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,780 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Fire and Smoke Detector

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • 3 Open Parking Spaces
  • Stone Driveway
  • Parking available for a boat

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Water Dispenser
  • High-Efficiency Water Heater
  • Public Septic
  • Phone Available
  • Cable TV Available

Community Details

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, road maintenance
  • Built by Robert Harris
  • Salt Aire Subdivision, Freeport Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 138-9.00-88.00-11

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: SALT AIRE IS SOLD OUT! Salt Aire is a new secluded Delaware beach cottage style home community standard pricing $348,075 (lots 5-8) $365,479 (lots 9-12) Customize as you desire. A new 19 cottage home wooded and open landscape site plan located just 15 minutes by bike, Bethany Beach, one of the most delightful family resorts on the Delaware beach coast. Bethany Beach is famous for its kid-friendly boardwalk, evening musical concerts, wide sandy beaches, and fine dining. Just north of Salt Aire community are the Indian River Inlet State Park beach and to the south, the Fenwick Island State Park beach.The Cedar Neck area of Ocean View has that old-time feeling from beach neighborhoods of years ago. The local neighborhood grocery store, quiet streets, and the neighboring James Farm Ecological Preserve offer a haven for your family that is only minutes from the Bethany Beach boardwalk. Salt Aire may remind you of that old beach house you visited As a child, but it is a thoroughly modern update of the style. Elevated on sturdy pilings with plenty of covered guest parking and amenities such as decks and porches. Salt Aire homes make a wonderful family retreat at the beach. This is the open plan you remember, with welcome eat-in kitchen, dining space for 10, and spacious bedrooms and baths. Home plan features a first floor master bedroom & bath w/luxury vinyl throughout 1st floor, MBR features carpet. 2nd Floor has two additional spacious coastal bedrooms w/walk in closets, and another bath w/skylight. Covered front porch and rear deck for your outdoor entertaining. Upgrade your deck to a screened porch, or add an outside shower and shed. Builder will customize to suite. BOATS & JET SKIS ALLOWED! SALT AIRE IS SOLD OUT!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Energy Efficient Appliances, Icemaker, Oven - Self Cleaning, Oven/Range - Electric, Stainless Steel Appliances, Water Dispenser, Water Heater - High-Efficiency, Refrigerator
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Skylight(s), Upgraded Countertops, Walk-In Closet(s)
  • Window Features: Energy Efficient
  • Fireplace: No
  • Foundation Details: Pilings
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Laundry, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1780
  • Living Area Sq Ft: 1780
  • Price Per Sq Ft: 205.33
  • Above Grade Finished Sq Ft: 1780
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31231

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Boat Storage, Extensive Hardscape, Exterior Lighting
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Stone Driveway, Under Home Parking

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Septic
  • Utilities: Cable Tv Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 600.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Road Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Zoning: RESIDENTIAL
  • In City Limits: No

Building Info

  • Builder Name: Robert Harris

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 1200.00
  • Assessor Parcel Number: 138-9.00-88.00-11
  • Close Date: 05/20/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2020
Closed on
May 20, 2021
Sold by
Land & Marketing Corp
Bought by
Foester Terry K and Foester Elisabeth E
Seller's Agent
Susan Clark
Iron Valley Real Estate at The Beach
Buyer's Agent
Susan Clark
Iron Valley Real Estate at The Beach
List Price
$365,479
Sold Price
$373,364
Premium/Discount to List
$7,885
2.16%
Total Days on Market
25
Current Estimated Value
$550,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,706
Avg. Annual Appreciation
10.08%
Original Mortgage
$336,027
Outstanding Balance
$307,524
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$242,920
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
Foester Terry K $373,364 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foester Terry K $336,027
Closed Foester Elisabeth E $336,027
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $373,364 +2.2% $210 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/02/2020 08/02/20 For Sale $365,479 -- $205 / 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 $1,071 $0 $0 $0
2023 $1,072 $0 $0 $0
2022 $1,055 $0 $0 $0
2021 $27 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU165988

Bright MLS

APN: 134-9.00-88.00-11