NOT LISTED FOR SALE

31296 Inspiration Cir Selbyville, DE 19975

Estimated Value: $585,000 - $642,000

3 Beds
3 Baths
2,275 Sq Ft
$269/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $415,000 $182 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,589/month

Highlights

  • Beach
  • Golf Course Community
  • Fitness Center
  • Phillip C. Showell Elementary School Rated A-
  • Bar or Lounge
  • View of Trees or Woods

About This Home

As of June 2020

Former Model Home overlooks a large pond with fountain located in the award winning Bayside Community. Only 4 miles from Fenwick Island, DE beaches with a plethora of amenities including multiple swimming pools, fitness center, community center, tennis, kayak launch, available golf memberships to the Jack Nicklaus Signature golf course, The Freeman Stage and much more. This FURNISHED "Lewes" model home has 3 Bedrooms, 3 full baths, and very spacious loft used as a Media Room with Surround sound. Open floor plan complete with recently upgraded hardwood floors and soaring high ceilings. Inviting kitchen boasts new stainless steel appliances, upgraded 42 inch cabinetry, island, breakfast bar, and solid surface counters. Living room and light filled dining room with deck access are embellished with beautiful crown molding and wainscot throughout. Master bedroom features tray ceiling and en-suite bath with jetted tub and double sink vanity. An additional bedroom and full bath conclude the main level. Upper level contains covered balcony and second master bedroom with en-suite bath in addition to media room. Other upgrades include stairs and trim. Recent updates include A/C, surround sound, and all kitchen appliances. Experience the luxury of low-maintenance living!

Last Agent to Sell the Property

Thomas D'Ambrogi

(410) 971-2195 tom.dambrogi@lnf.com Northrop Realty Listed on: 01/03/2020

Northrop Realty

Last Buyer's Agent

Emily Williams

(302) 893-4503 emily@donwilliamsgroup.com Keller Williams Realty License #RS-0020724

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,430

Year Built

  • Built in 2005

Lot Details

  • 5,197 Sq Ft Lot
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $268 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Side Facing Garage

Property Views

  • Pond
  • Woods

Home Design

  • Semi-Detached or Twin Home
  • Coastal Architecture
  • Architectural Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 2,275 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Atrium Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Combination Dining and Living Room
  • Loft
  • Home Security System
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Front Loading Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • 220 Volts
  • Water Dispenser
  • Propane Water Heater

Additional Features

  • Energy-Efficient Windows
  • Deck

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Property is used as a vacation rental
  • Assessor Parcel Number 533-19.00-820.00

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, lawn maintenance, snow removal
  • Legum And Norman HOA, Phone Number (800) 255-3486
  • Bayside Subdivision

Amenities

  • Sauna
  • Meeting Room
  • Party Room
  • Bar or Lounge

Recreation

  • Beach
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Putting Green

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,430

Year Built

Built in 2005

Lot Details

0

HOA Fees

$268 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Sellers personal items
  • Home Warranty: Yes
  • Inclusions: Furniture and window treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2005
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dryer, Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Energy Efficient Appliances, Exhaust Fan, Freezer, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Dispenser, Water Heater
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Upgraded Countertops, Wainscotting, Walk-In Closet(s), Whirlpool/Hottub, Wood Floors
  • Window Features: Atrium, Energy Efficient, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry, Loft
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 2275
  • Living Area Sq Ft: 2275
  • Price Per Sq Ft: 197.36
  • Above Grade Finished Sq Ft: 2275
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • 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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Exterior Features: Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Pond, Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Side 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, Ceiling Fan(s)
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Security: Main Entrance Lock, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 805.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bar/Lounge, Beach, Exercise Room, Fitness Center, Golf Course, Golf Course Membership Available, Hot Tub, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Putting Green, Sauna, Swimming Pool, Tennis Courts, Tot Lots/Playground, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Lawn Maintenance, Snow Removal
  • HOA Name: LEGUM AND NORMAN
  • HOA Phone: 800-255-3486
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground, Indoor

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 35200.00
  • Land Assessed Value: 3000.00
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5197.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: L
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5239337
  • School Tax: 1260.00
  • Tax Annual Amount: 1430.00
  • Assessor Parcel Number: 533-19.00-820.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Jun 30, 2020
Sold by
Myers-Martinovich Sherry
Bought by
Mathison Jason D and Demarco-Mathison Nicole
Seller's Agent
Thomas D'Ambrogi
Northrop Realty
Buyer's Agent
Emily Williams
Keller Williams Realty
List Price
$469,000
Sold Price
$415,000
Premium/Discount to List
-$54,000
-11.51%
Current Estimated Value
$613,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,087
Avg. Annual Appreciation
7.54%
Original Mortgage
$311,250
Outstanding Balance
$276,508
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$336,579
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
Mathison Jason D $415,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathison Jason D $311,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $415,000 -7.6% $182 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/05/2020 05/05/20 Price Changed $449,000 -2.2% $197 / Sq Ft
03/25/2020 03/25/20 Price Changed $459,000 -2.1% $202 / Sq Ft
01/03/2020 01/03/20 For Sale $469,000 -- $206 / 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 $1,149 $38,200 $3,000 $35,200
2024 $1,581 $38,200 $3,000 $35,200
2023 $1,579 $38,200 $3,000 $35,200
2022 $1,554 $38,200 $3,000 $35,200
2021 $1,507 $38,200 $3,000 $35,200
2020 $1,438 $38,200 $3,000 $35,200
2019 $1,432 $38,200 $3,000 $35,200
2018 $1,446 $38,200 $0 $0
2017 $1,458 $38,200 $0 $0
2016 $1,285 $38,200 $0 $0
2015 $1,324 $38,200 $0 $0
2014 $1,305 $38,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU153392

Bright MLS

APN: 533-19.00-820.00