Seller's Agent in 2024
Carla Campbell
OCEAN ATLANTIC SOTHEBYS
(302) 542-5534
5 in this area
56 Total Sales
31498 River Rd Millsboro, DE 19966
Estimated Value: $288,000 - $1,244,714
3
Beds
2.5
Baths
2,356
Sq Ft
$370/Sq Ft
Est. Value
Highlights
- 60 Feet of Waterfront
- Access to Tidal Water
- Fishing Allowed
- 5 Dock Slips
- Spa
- Bay View
About This Home
As of July 2024Enjoy an exclusive waterfront lifestyle in this custom-built home situated directly on the Indian River Bay. Enjoy the convenience of your boat docked right at your back door. Take the boat to numerous waterfront restaurants in the area. Why fight traffic on the road when you can rent a boat slip at the Indian River Inlet, take your boat from your door, dock and walk to the state park beach with ease. The 113 foot pier completed in 2020 is complete with a sundeck, lounge area, 2 power boat lifts and jet ski lifts. Enjoy your days fishing and crabbing from the comfort of your own pier with front row seating to daily sunsets . Steps into the bay allow for safe access to kayak and paddleboard too. This wonderful three bedroom, two full and one- half bath home boasts an open floor plan featuring luxury vinyl plank flooring throughout, two-story ceilings in the great room with a shiplap accent wall, built- in bookshelves, a gas fireplace with stone surround, and expansive views of the Indian River Bay. The spacious kitchen and adjoining dining area offer quartz countertops, beautiful custom cabinetry and a large center island for all to congregate. Enjoy your morning coffee from the waterfront screen porch and calmly end your day watching the spectacular sunsets in the salt water spa/jacuzzi. Multiple outdoor seating areas are great for entertaining and feature paver walkways, a fish pond, landscape lighting, and a firepit area. This home has a first floor owner's suite with a shiplap accent wall, a beautiful walk-in shower and custom closet system. Upstairs has two spacious bedrooms with a shared bathroom. Additionally, there is room for easy expansion of an additional 628 square feet that is currently a walk-in storage area on the second floor. Multiple conveniences include a private outdoor shower, Generac whole house generator, a tankless hot water heater and a whole house water filtration system. You can easily call this private oasis home and enjoy a waterfront lifestyle all your own! Located 17 miles from the Cape Henlopen State Park in Lewes and 15 miles to the Rehoboth Beach boardwalk. Easily boat to your favorite destinations and arrive by water without the wait in road traffic.
Last Agent to Sell the Property
(302) 542-5534 carla@beachteam.com Monument Sotheby's International Realty License #RA-0003577 Listed on: 04/02/2024
Last Buyer's Agent
(302) 227-6101 tracy@homeswithhynes.com Berkshire Hathaway HomeServices PenFed Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $983
Year Built
- Built in 2017
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 60.00 x 137.00
- 60 Feet of Waterfront
- Home fronts navigable water
- Year Round Access
- Partially Fenced Property
- Privacy Fence
- Landscaped
- Extensive Hardscape
- Sloped Lot
- Cleared Lot
- Front Yard
- Property is in excellent condition
Parking
- 1 Car Direct Access Garage
- 4 Driveway Spaces
- Front Facing Garage
- Garage Door Opener
Home Design
- Coastal Architecture
- Frame Construction
- Blown-In Insulation
- Batts Insulation
- Architectural Shingle Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Window Treatments
- Window Screens
- Insulated Doors
- Family Room Off Kitchen
- Combination Kitchen and Dining Room
- Luxury Vinyl Plank Tile Flooring
- Bay Views
- Crawl Space
- Attic Fan
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Home Security
- Surveillance System
- Flood Lights
Pool
- Spa
- Outdoor Shower
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Property near a bay
- Sun Deck
- Waterski or Wakeboard
- Sail
- Bulkhead
- Rip-Rap
- Swimming Allowed
- Electric Hoist or Boat Lift
- 5 Dock Slips
- Physical Dock Slip Conveys
- Powered Boats Permitted
- Screened Patio
- Exterior Lighting
- Outbuilding
- Porch
Location
- Flood Risk
Utilities
- Central Air
- Ductless Heating Or Cooling System
- Heating Available
- Vented Exhaust Fan
- Propane
- Well
- Tankless Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 28
- Assessor Parcel Number 234-34.10-62.00
Community Details
Overview
- No Home Owners Association
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2024
Closed on
Jul 19, 2024
Sold by
Ellis Thomas B and Ellis Karen B
Bought by
Errico Bryan and Errico Kathy
Seller's Agent
Carla Campbell
Monument Sotheby's International Realty
Buyer's Agent
Tracy Hynes
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,295,000
Sold Price
$1,150,000
Premium/Discount to List
-$145,000
-11.2%
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$278,321
Avg. Annual Appreciation
-16.66%
Original Mortgage
$920,000
Outstanding Balance
$908,192
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
-$36,513
Purchase Details
Closed on
Oct 5, 1998
Bought by
Foster Todd C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Errico Bryan | $1,150,000 | None Listed On Document | |
| Foster Todd C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Errico Bryan | $920,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/19/2024 07/19/24 | Sold | $1,150,000 | -11.2% | $488 / Sq Ft | |
| 04/02/2024 04/02/24 | For Sale | $1,295,000 | +331.7% | $550 / Sq Ft | |
| 09/23/2016 09/23/16 | Sold | $300,000 | -20.0% | $280 / Sq Ft | View Prior Sale |
| 08/13/2016 08/13/16 | Pending | -- | -- | -- | |
| 02/18/2016 02/18/16 | For Sale | $375,000 | -- | $350 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,619 | $8,300 | $2,500 | $5,800 |
| 2024 | $1,000 | $8,300 | $2,500 | $5,800 |
| 2023 | $999 | $8,300 | $2,500 | $5,800 |
| 2022 | $983 | $8,300 | $2,500 | $5,800 |
| 2021 | $954 | $8,300 | $2,500 | $5,800 |
| 2020 | $912 | $8,300 | $2,500 | $5,800 |
| 2019 | $884 | $8,300 | $2,500 | $5,800 |
| 2018 | $892 | $23,600 | $0 | $0 |
| 2017 | $316 | $8,300 | $0 | $0 |
| 2016 | $279 | $8,300 | $0 | $0 |
| 2015 | $287 | $8,300 | $0 | $0 |
| 2014 | $283 | $8,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carla Campbell
-
Tracy Hynes
Buyer's Agent in 2024
Tracy Hynes
BHHS PenFed (actual)
(302) 227-6101
3 in this area
19 Total Sales
-
Susan Mills
Seller's Agent in 2016
Susan Mills
JACK LINGO MILLSBORO
(302) 542-4146
42 in this area
73 Total Sales
-
Molly Beringson
Buyer's Agent in 2016
Molly Beringson
Newport Bay Realty
(410) 723-3669
8 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2059446
APN: 234-34.10-62.00
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