NOT LISTED FOR SALE

32016 Ivory Gull Way Millsboro, DE 19966

Estimated Value: $475,159 - $636,000

4 Beds
3 Baths
3,144 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $595,000 $189 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,327/month

106 Days on Market

Highlights

  • Fitness Center
  • Water Oriented
  • Panoramic View
  • Tennis Courts
  • Gourmet Kitchen
  • Open Floorplan

About This Home

As of November 2023

Introducing 32016 Ivory Gull Way, an exquisite lakefront coastal style residence, situated on a corner lot in the highly desirable Peninsula Lakes community offering a wide range of resort-style amenities all designed around 11 lakes and scenic nature trails. Inside this lovely property boasts light-filled interiors, featuring architectural millwork such as crown molding and hand-scraped engineered hardwood flooring, 9'+ ceilings and tray ceilings, exuding an open and spacious feel, creating the perfect setting for entertaining guests. The home's open floor plan seamlessly connects the various living spaces, providing a comfortable and inviting atmosphere. Whether you're hosting parties or enjoying quality time with family, the layout is designed to accommodate both large gatherings and intimate moments. The gracious foyer unfolds into the great room showcasing a soaring vaulted ceiling, anchored by a gas fireplace flanked by picture windows, revealing glorious water views. The gourmet kitchen is a chef’s delight, offering 42” crisp-white cabinetry complemented and contrasted by sleek granite countertops, suite of stainless-steel appliances including double wall ovens and gas cooktop, feature pendant lighting, center island with breakfast bar, and adjacent spacious dining area. Access from the dining area leads to the sunroom, a scene space displaying panoramic lake views, the perfect spot to watch the day unfold while enjoying your morning coffee. Retreat to the private primary bedroom, featuring a deep tray ceiling, substantial sitting area showcasing lake views, large-scale walk-in closet, and spa-like ensuite with dual vanity and transom topped stall shower. There are two additional bedrooms, a hall bath, laundry room with utility sink, and interior access to the garage that completes the homes main floor layout … BUT There is MORE! A staircase off the back hall leads to the lower level, offering a huge family bonus room, a full bath, the option of a fourth bedroom – ready for you to decide exactly how you’d like it, and large utility/work room area, and additional storage. Recent update - newly installed Generac Whole-Home generator. Outside, the property showcases extensive hardscaping, beautifully landscaped grounds, and a patio area. This outdoor space is thoughtfully designed to enhance the natural beauty of the surroundings and provide a serene environment for relaxation and outdoor activities. One of the highlights of this residence is its prime location within the community, situated in the center of resort-style amenities. Residents can enjoy a variety of recreational activities, such as swimming pools, tennis courts, fitness centers, walking trails, and more. The community's focus on providing exceptional amenities ensures that there is always something to do for residents of all ages and interests. Come see 32016 Ivory Gull Way, a beautiful coastal style residence offering a well-appointed interior and the added benefits of a vibrant and amenity-rich coastal community.

Last Agent to Sell the Property

Jim Lattanzi

(302) 396-1400 jimlattanzi@northroprealty.com Northrop Realty License #RS-0020210 Listed on: 06/15/2023

Northrop Realty

Last Buyer's Agent

John Zacharias

(302) 381-6221 jzacharias@psre.com Patterson-Schwartz-OceanView License #RS-0023593

Patterson-Schwartz-OceanView

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,627

Year Built

  • Built in 2017

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 97.00 x 97.00
  • Open Space
  • Picket Fence
  • Stone Retaining Walls
  • Decorative Fence
  • Landscaped
  • Extensive Hardscape
  • Corner Lot
  • Sprinkler System
  • Back Yard Fenced, Front and Side Yard
  • Property is in excellent condition
  • Property is zoned AR

HOA Fees

  • $192 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Pond
  • Panoramic
  • Garden

Home Design

  • Coastal Architecture
  • Rambler Architecture
  • Hip Roof Shape
  • Block Foundation
  • Unfinished Walls
  • Frame Construction
  • Pitched Roof
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Storage Room

Kitchen

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

Flooring

  • Engineered Wood
  • Carpet
  • Tile or Brick
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

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

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Space For Rooms
  • Basement Windows

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Property is near a pond
  • Pond
  • Tennis Courts
  • Sport Court
  • Enclosed Patio or Porch
  • Water Fountains
  • Exterior Lighting
  • Playground
  • Play Equipment

Schools

  • Long Neck Elementary School
  • Millsboro Middle School
  • Sussex Central High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Dispenser
  • Natural Gas Water Heater
  • Public Septic
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Energy-Efficient Windows

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number 234-29.00-1311.00

Community Details

Overview

  • $1,500 Capital Contribution Fee
  • Association fees include common area maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, pool(s), recreation facility, road maintenance, snow removal
  • Seascape HOA
  • Peninsula Lakes Subdivision

Amenities

  • Clubhouse
  • Community Center

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,627

Year Built

Built in 2017

Lot Details

0

HOA Fees

$192 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler, Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main
  • Federal Flood Zone: No
  • Year Built: 2017
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Freezer, Icemaker, Oven - Self Cleaning, Oven/Range - Gas, Oven - Double, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Dispenser, Water Heater
  • Flooring Type: Carpet, Engineered Wood, Tile/Brick, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Stall Shower, Walk-In Closet(s), Window Treatments, Wood Floors, Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Kitchen - Gourmet, Tub Shower, Upgraded Countertops
  • Window Features: Double Pane, Energy Efficient, Screens, Sliding, Vinyl Clad
  • Fireplace Features: Mantel(s), Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Dry Wall, High, Unfinished Walls, Tray Ceilings, Vaulted Ceilings
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Sun/Florida Room, Laundry, Storage Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Full, Heated, Improved, Interior Access, Partially Finished, Space For Rooms, Windows
  • Basement Finished Percent: 70.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 3144
  • Living Area Sq Ft: 3144
  • Price Per Sq Ft: 331.72
  • Above Grade Finished Sq Ft: 1854
  • Below Grade Finished Sq Ft: 1290
  • Total Below Grade Sq Ft: 1290
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 32016

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Lawn Sprinkler, Play Equipment, Play Area, Sidewalks, Sport Court, Stone Retaining Walls, Street Lights, Tennis Court(s), Water Fountains
  • Roof: Architectural Shingle, Hip, Pitched
  • View: Garden/Lawn, Panoramic, Pond
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Septic
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 575.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Community Center, Dog Park, Exercise Room, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Pool(s), Recreation Facility, Road Maintenance, Snow Removal
  • HOA Name: SEASCAPE
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Capital Contribution Fee: 1500.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LONG NECK
  • Middle School: MILLSBORO
  • High School: SUSSEX CENTRAL
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LONG NECK
  • High School: SUSSEX CENTRAL
  • Middle Or Junior School: MILLSBORO

Lot Info

  • Fencing: Decorative, Partially, Picket, Rear
  • Land Use Code: 999
  • Lot Features: Adjoins - Open Space, Corner, Front Yard, Landscaping, Pond, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.18
  • Lot Dimensions: 97.00 x 97.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Outdoor Living Structures: Enclosed, Patio(s), Porch(es), Roof
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 1449.00
  • Tax Annual Amount: 1627.00
  • Assessor Parcel Number: 234-29.00-1311.00
  • Tax Lot: 64
  • Tax Total Finished Sq Ft: 3708
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/09/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2024
Sold by
Betancourt Ricardo and Betancourt Joan
Bought by
Betancourt Family Trust and Betancourt
Current Estimated Value
$577,790

Purchase Details

Listed on
Jun 15, 2023
Closed on
Nov 9, 2023
Sold by
Schrock Kurt N and Schrock Kimberly J
Bought by
Betancourt Ricardo and Betancourt Joan
Seller's Agent
Jim Lattanzi
Northrop Realty
Buyer's Agent
John Zacharias
Patterson-Schwartz-OceanView
List Price
$650,000
Sold Price
$595,000
Premium/Discount to List
-$55,000
-8.46%
Views
471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.52%
Original Mortgage
$476,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 27, 2021
Sold by
Jarkas Mohamed S and Jarkas Barbara A
Bought by
Schrock Kurt N and Schrock Kimberly J
Seller's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
Buyer's Agent
Camilla Conlon
Jack Lingo - Rehoboth
List Price
$535,000
Sold Price
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$428,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 25, 2018
Sold by
Nvr Inc
Bought by
Jarkas Mohamed S and Jarkas Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 25, 2018
Sold by
Peninsula Lakes Llc
Bought by
Nvr Inc

Purchase Details

Closed on
Jan 18, 2018
Sold by
Peninsula Lakes Llc
Bought by
Nvr Inc
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
Betancourt Family Trust -- None Listed On Document
Betancourt Ricardo $595,000 None Listed On Document
Betancourt Ricardo $595,000 None Listed On Document
Schrock Kurt N $535,000 None Available
Jarkas Mohamed S $405,835 --
Nvr Inc $175,000 --
Nvr Inc $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Betancourt Ricardo $476,000
Previous Owner Schrock Kurt N $428,000
Previous Owner Jarkas Mohamed S $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2023 11/09/23 Sold $595,000 -3.3% $189 / Sq Ft
09/24/2023 09/24/23 Price Changed $615,000 -1.6% $196 / Sq Ft
09/06/2023 09/06/23 Price Changed $625,000 -1.6% $199 / Sq Ft
08/09/2023 08/09/23 Price Changed $635,000 -2.3% $202 / Sq Ft
06/15/2023 06/15/23 For Sale $650,000 +21.5% $207 / Sq Ft
05/27/2021 05/27/21 Sold $535,000 0.0% $167 / Sq Ft View Prior Sale
04/10/2021 04/10/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $535,000 -- $167 / 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 $1,260 $5,000 $5,000 $0
2024 $1,682 $5,000 $5,000 $0
2023 $1,678 $5,000 $5,000 $0
2022 $1,651 $5,000 $5,000 $0
2021 $1,603 $5,000 $5,000 $0
2020 $1,506 $5,000 $5,000 $0
2019 $1,500 $5,000 $5,000 $0
2018 $1,514 $40,050 $0 $0
2017 $191 $5,000 $0 $0
2016 -- $5,000 $0 $0
2015 -- $5,000 $0 $0
2014 -- $5,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2043160

Bright MLS

APN: 234-29.00-1311.00