NOT LISTED FOR SALE

31322 Founders Ave Selbyville, DE 19975

Estimated Value: $469,572 - $580,000

3 Beds
3 Baths
966 Sq Ft
$557/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $369,000 $382 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,377/month

42 Days on Market

Highlights

  • Clubhouse
  • Coastal Architecture
  • Tennis Courts
  • Phillip C. Showell Elementary School Rated A-
  • Community Indoor Pool
  • Jogging Path

About This Home

As of August 2021

This newly listed twin home is located in the perfect spot at the very popular BAYSIDE. Enjoy the screen-in porch that has a view of a beautiful pond after the day's fun activities. Upgraded Cabinets in Kitchen with Granite, Eat-In Area. Gas Fireplace. 1st Floor Master Bedroom with upgraded Shower, Soaking Tub. Walk-in Closets. The second owner's suite is on the 2nd floor and is very large with a Full Bath, Walk-In Closet. Plenty of room in this two-car garage. Bayside offers an Award-Winning Jack Nicklaus Signature Golf Course, numerous pools, tennis, walking trails, beach shuttle, kayaking, summer stage events & so much more in this premier coastal community.

Last Agent to Sell the Property

Evan Thomas

RE/MAX Coastal License #RS-0019729 Listed on: 06/08/2021

RE/MAX Coastal

Last Buyer's Agent

Jennifer Jones

Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,589

Year Built

  • Built in 2005

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00 x 100.00

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Semi-Detached or Twin Home
  • Coastal Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 966 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Propane
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 533-19.00-825.00

Community Details

Overview

  • $2,520 Recreation Fee
  • $400 Capital Contribution Fee
  • Association fees include lawn care front, lawn care rear, lawn care side, management
  • $5,000 Other One-Time Fees
  • Ledgum And Norman HOA, Phone Number (302) 988-2389
  • Bayside Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Community Indoor Pool
  • Community Spa
  • Pool Membership Available
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,589

Year Built

Built in 2005

Lot Details

0

HOA Fees

$299 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
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: This newly listed twin home is located in the perfect spot at the very popular BAYSIDE. Enjoy the screen-in porch that has a view of a beautiful pond after the day's fun activities. Upgraded Cabinets in Kitchen with Granite, Eat-In Area. Gas Fireplace. 1st Floor Master Bedroom with upgraded Shower, Soaking Tub. Walk-in Closets. The second owner's suite is on the 2nd floor and is very large with a Full Bath, Walk-In Closet. Plenty of room in this two-car garage. Bayside offers an Award-Winning Jack Nicklaus Signature Golf Course, numerous pools, tennis, walking trails, beach shuttle, kayaking, summer stage events & so much more in this premier coastal community.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Ceramic Tile, Carpet
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 966
  • Living Area Sq Ft: 966
  • Price Per Sq Ft: 462.73
  • Above Grade Finished Sq Ft: 966
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31322

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
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • 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: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 897.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Golf Course Membership Available, Hot Tub, Jog/Walk Path, Pool Mem Avail, Pool - Outdoor, Pool - Indoor, Tennis Courts, Volleyball Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Care Rear, Lawn Care Side, Management
  • HOA Name: LEDGUM AND NORMAN
  • HOA Phone: 302-988-2389
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 2520.00
  • Association Recreation Fee: Yes

Fee Information

  • Other Fees: 5000.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 400.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Outdoor Living Structures: Screened, Porch(es)
  • Year Assessed: 2020
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5239342
  • School Tax: 1401.00
  • Tax Annual Amount: 1589.00
  • Assessor Parcel Number: 533-19.00-825.00
  • Tax Lot: 62
  • Tax Total Finished Sq Ft: 966
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/10/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Aug 6, 2021
Sold by
Brower Robert Est
Bought by
Drp Bayside Llc
Seller's Agent
Evan Thomas
RE/MAX Coastal
Buyer's Agent
Jennifer Jones
Compass
List Price
$459,000
Sold Price
$369,000
Premium/Discount to List
-$90,000
-19.61%
Current Estimated Value
$538,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,143
Avg. Annual Appreciation
9.61%

Purchase Details

Listed on
Sep 6, 2016
Closed on
Oct 26, 2016
Sold by
Spinks Jennifer E and Spinks Richard L
Bought by
Coastal Cypress Corporation
Seller's Agent
TODD VICKERS
Long & Foster Real Estate, Inc.
Buyer's Agent
Christine McCoy
Coldwell Banker Realty
List Price
$329,900
Sold Price
$310,000
Premium/Discount to List
-$19,900
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%

Purchase Details

Closed on
Jun 2, 2010
Bought by
Spinks Richard L and Spink Jennifer E

Purchase Details

Closed on
May 28, 2010
Bought by
Spinks Richard L and Spink Jennifer E
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
Drp Bayside Llc $369,000 None Available
Coastal Cypress Corporation $310,000 None Available
Spinks Richard L $281,000 --
Spinks Richard L $281,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spinks Richard L $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $369,000 -17.4% $382 / Sq Ft
06/29/2021 06/29/21 Price Changed $447,000 -2.6% $463 / Sq Ft
06/08/2021 06/08/21 For Sale $459,000 +48.1% $475 / Sq Ft
10/26/2016 10/26/16 Sold $310,000 -6.0% $132 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $329,900 -- $140 / 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 $1,748 $42,250 $3,000 $39,250
2023 $1,746 $42,250 $3,000 $39,250
2022 $1,718 $42,250 $3,000 $39,250
2021 $1,667 $42,250 $3,000 $39,250
2020 $1,591 $42,250 $3,000 $39,250
2019 $1,584 $42,250 $3,000 $39,250
2018 $1,599 $42,250 $0 $0
2017 $1,612 $42,250 $0 $0
2016 $1,421 $42,250 $0 $0
2015 $1,465 $42,250 $0 $0
2014 $1,443 $42,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU184544

Bright MLS

APN: 533-19.00-825.00