NOT LISTED FOR SALE

31324 Founders Ave Selbyville, DE 19975

Estimated Value: $577,000 - $607,000

3 Beds
3 Baths
2,018 Sq Ft
$296/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $570,000 $282 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,557/month

119 Days on Market

Highlights

  • Pier or Dock
  • Golf Club
  • Transportation Service
  • Phillip C. Showell Elementary School Rated A-
  • Fitness Center
  • Water Oriented

About This Home

As of April 2024

Ideal 3 Bedroom, 3 Bath Twin Home backing to open space with Pond Views is now available in Award Winning Bayside with Major Investment already made in Updates! Open Kitchen/Living Space with recessed lighting, gas fireplace, ceiling fans. Sliders to Screened Porch and oh what a Peaceful View. 1st Floor Owner's Bedroom with Walk In Closet, Private Bath with both Soaking Tub and Tiled Shower. There is a second Bedroom on 1st Floor, Full Bath in Hall, as well as Laundry Room. Upstairs a huge Suite with Balcony, Full Bath and Walk In Closet. 2 Car Turned Garage. The 1st floor features an attached fully finished 2-car garage, a screen porch, a great room with 16' ceilings (other ceilings on the 1st floor are 10'), a gas fireplace, a fully equipped kitchen with a breakfast bar & island and S.S. appliances, a master suite with a walk-in closet and a full master bath with a soaking tub & separate shower, a guest bedroom, a full guest bathroom and a laundry room with a newer washer & dryer. The 2nd floor features a 2nd master suite with a covered porch, 9' ceilings, a walk-in closet and a full bath. Recent renovations include a new (12/21) 30-year roof, new (1/22) appliances, new (4/22) heat pumps, new (4/22) carpet in the great room & master bedroom, a new (10/21) gas water heater and new (2/22) door hardware and locks. The Bayside community features an award winning Jack Nicklaus 18-hole signature golf course, a 29,000 square foot clubhouse featuring a restaurant, indoor & outdoor bars, bocce bar and firepits, a health & aquatic club featuring an indoor pool, hot tub, saunas, an aerobics room and full blown fitness center, 5 outdoor pools, 7 tennis courts, 2 pickleball courts, outdoor bars & grills, a beach shuttle service, The Point featuring kayaks, paddleboards, nature trails, a screened in pavilion, fire pits, dock, pier and bay beach access, year-around security, irrigation & lawn maintenance and professional property management. In addition there is the Freeman Arts Pavilion (freemanarts.org) an open-air pavilion featuring a diverse and venerable line-up of dance, theater, children’s performances and concerts by award-winning artists. Would make an Ideal
Vacation, Full-Time Home, or Rental/Investment. (An assumable loan, at well-below market interest rates with no upfront costs/fees, is available to a qualified buyer through the previous owner/lender of the property. Please ask listing agent for the lender's contact information)

Last Agent to Sell the Property

Anne Powell

(302) 245-9245 anne.powell@cbrealty.com Coldwell Banker Realty License #RA-0003582 Listed on: 11/10/2023

Coldwell Banker Realty

Last Buyer's Agent

Lisa Sabelhaus

(240) 388-7113 lisa@sabelhausteam.com RE/MAX Town Center License #RS-0037772

RE/MAX Town Center

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 2005

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00 x 100.00
  • Open Space
  • Infill Lot
  • Landscaped
  • Sprinkler System
  • Back and Front Yard
  • Property is in excellent condition

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Property Views

  • Pond
  • Garden

Home Design

  • Semi-Detached or Twin Home
  • Coastal Architecture
  • Side-by-Side
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • HardiePlank Type
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,018 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Combination Dining and Living Room
  • Carpet
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Lake Privileges
  • Balcony
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Schools

  • Phillip C. Showell Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Metered Propane
  • 60 Gallon+ Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 63
  • Assessor Parcel Number 533-19.00-826.00

Community Details

Overview

  • $2,820 Recreation Fee
  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, insurance, lawn care rear, lawn care front, lawn care side, lawn maintenance, management, pier/dock maintenance, reserve funds, snow removal, trash
  • Bayside Master HOA
  • Built by Carl M. Freeman Companies
  • Bayside Subdivision, Lewes Floorplan
  • Community Lake

Amenities

  • Transportation Service
  • Picnic Area
  • Common Area
  • Sauna
  • Clubhouse
  • Game Room

Recreation

  • Pier or Dock
  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Infinity Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Community Spa
  • Pool Membership Available
  • Putting Green
  • Jogging Path
  • Bike Trail

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,685

Year Built

Built in 2005

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Coastal, Side-By-Side
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Contents of Owner's Closet
  • Inclusions: Furnishings & Decor
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Ceiling Fan(s), Carpet, Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Pantry, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space, Concrete Perimeter
  • Levels Count: 2
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2018
  • Living Area Sq Ft: 2018
  • Price Per Sq Ft: 289.89
  • Above Grade Finished Sq Ft: 2018
  • 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
  • Construction Materials: Stick Built, Hardiplank Type, Composition
  • Exterior Features: Exterior Lighting, Gutter System, Sidewalks, Street Lights, Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Garden/Lawn, Pond, Street
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • 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
  • Heating Fuel: Propane - Metered
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 989.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail, Club House, Common Grounds, Exercise Room, Fitness Center, Game Room, Golf Club, Golf Course, Golf Course Membership Available, Hot Tub, Jog/Walk Path, Lake, Picnic Area, Pier/Dock, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Putting Green, Sauna, Security, Swimming Pool, Tennis Courts, Tot Lots/Playground, Transportation Service, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Lawn Care Rear, Lawn Care Front, Lawn Care Side, Lawn Maintenance, Management, Pier/Dock Maintenance, Reserve Funds, Snow Removal, Trash
  • HOA Name: BAYSIDE MASTER
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 2820.00
  • Association Recreation Fee: Yes
  • Community Pool Features: In Ground, Heated, Indoor, Lap/Exercise, Negative Edge/Infinity

Fee Information

  • Capital Contribution Fee: 500.00

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: PHILLIP C. SHOWELL
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Lot Features: Adjoins - Open Space, Front Yard, Landscaping, Premium, Rear Yard
  • 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: Deck(s), Porch(es), Screened, Balcony
  • Property Condition: Excellent
  • Zoning: MR
  • In City Limits: No

Building Info

  • Builder Name: Carl M. Freeman Companies

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • School Tax: 1504.00
  • Tax Annual Amount: 1685.00
  • Assessor Parcel Number: 533-19.00-826.00
  • Tax Lot: 63
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Apr 4, 2024
Sold by
Gilmore John Wayne and Gilmore Jennifer Nicole
Bought by
Prete Michael and Prete Christina
Seller's Agent
Anne Powell
Coldwell Banker Realty
Buyer's Agent
Lisa Sabelhaus
RE/MAX Town Center
List Price
$595,000
Sold Price
$570,000
Premium/Discount to List
-$25,000
-4.2%
Views
115
Current Estimated Value
$596,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,824
Avg. Annual Appreciation
2.99%
Original Mortgage
$53,419
Outstanding Balance
$50,168
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$546,656

Purchase Details

Closed on
Jun 28, 2022
Sold by
Edward Grimes Michael
Bought by
Gilmore John Wayne and Gilmore Jennifer Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.09%
Mortgage Type
Seller Take Back
Source: Public Records

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
Prete Michael $570,000 None Listed On Document
Gilmore John Wayne $550,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prete Michael $53,419
Previous Owner Gilmore John Wayne $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $570,000 -2.6% $282 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
01/18/2024 01/18/24 Price Changed $585,000 -1.7% $290 / Sq Ft
11/10/2023 11/10/23 For Sale $595,000 -- $295 / 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 $1,058 $40,800 $3,000 $37,800
2024 $1,688 $40,800 $3,000 $37,800
2023 $1,686 $40,800 $3,000 $37,800
2022 $1,659 $40,800 $3,000 $37,800
2021 $1,609 $40,800 $3,000 $37,800
2020 $1,536 $40,800 $3,000 $37,800
2019 $1,529 $40,800 $3,000 $37,800
2018 $1,544 $40,800 $0 $0
2017 $1,557 $40,800 $0 $0
2016 $1,372 $40,800 $0 $0
2015 $1,414 $40,800 $0 $0
2014 $1,393 $40,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2050700

Bright MLS

APN: 533-19.00-826.00