NOT LISTED FOR SALE

32860 Ocean Reach Dr Lewes, DE 19958

Estimated Value: $676,000 - $793,157

5 Beds
3.5 Baths
4,010 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $465,000 $116 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,089/month

Highlights

  • Coastal Architecture
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Love Creek Elementary School Rated A
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of May 2016

Spectacular 4010 square foot home, meticulously cared for by original owner. Endless upgrades throughout this home. Located on a premium lot backing up to trees with custom paver patio for added entertaining. The interior of the home boasts an open floor plan with beautiful hardwood floors. Dramatic vaulted ceilings at the entrance that extends into the great room which includes a cozy fireplace. Enjoy cooking in the gourmet kitchen with center island then serve your meal in the elegant formal dining room with tray ceilings or in the light filled morning room with skylights. At the end of the day retire to the expansive & luxurious 1st floor owners retreat with sitting room. The 2nd floor has room for everyone with 4 bedrooms, one of which can be a second master or bonus room. Also included is a full massive unfinished basement with separate outside entrance with endless possibilities. Community includes club house with pool for added entertaining. All this and minutes to the beach.

Last Agent to Sell the Property

Joann Glussich

(302) 703-7033 joannglussich@kw.com Keller Williams Realty License #RS-0021140 Listed on: 03/02/2016

Keller Williams Realty

Last Buyer's Agent

Russell Stucki

(302) 228-7871 russellstucki@remax.net RE/MAX Realty Group Rehoboth

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,421

Year Built

  • Built in 2004

Lot Details

  • 10,019 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped
  • Cleared Lot
  • Zoning described as MEDIUM RESIDENTIAL

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 4,010 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Great Room
  • Open Floorplan
  • Sitting Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Electric Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-05.00-905.00

Community Details

Overview

  • Henlopen Landing Subdivision

Amenities

  • Community Center

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,421

Year Built

Built in 2004

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2004
  • Remarks Public: Spectacular 4010 square foot home, meticulously cared for by original owner. Endless upgrades throughout this home. Located on a premium lot backing up to trees with custom paver patio for added entertaining. The interior of the home boasts an open floor plan with beautiful hardwood floors. Dramatic vaulted ceilings at the entrance that extends into the great room which includes a cozy fireplace. Enjoy cooking in the gourmet kitchen with center island then serve your meal in the elegant formal dining room with tray ceilings or in the light filled morning room with skylights. At the end of the day retire to the expansive & luxurious 1st floor owners retreat with sitting room. The 2nd floor has room for everyone with 4 bedrooms, one of which can be a second master or bonus room. Also included is a full massive unfinished basement with separate outside entrance with endless possibilities. Community includes club house with pool for added entertaining. All this and minutes to the beach.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven - Double, Oven - Wall, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Island, Combination Kitchen/Dining, Combination Kitchen/Living, Pantry, Entry Level Bedroom, Ceiling Fan(s), Skylight(s), Whirlpool/Hottub, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 12
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Kitchen, Sun/Florida Room, Great Room, Office, Additional Bedroom
  • Basement: Yes
  • Basement Type: Full, Walkout Stairs, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 4010
  • Living Area Sq Ft: 4010
  • Net Sq Ft: 4010.00
  • Price Per Sq Ft: 122.17
  • Above Grade Finished Sq Ft: 4010
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 32860

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Stone, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Pool - Outdoor, Swimming Pool
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Fencing: Fully
  • Lot Features: Cleared, Landscaping
  • Lot Size Acres: 0.23
  • Lot Size Units: Acres
  • Lot Sq Ft: 10019.00
  • Outdoor Living Structures: Patio(s)
  • Zoning Description: MEDIUM RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5208038
  • Assessor Parcel Number: 334-05.00-905.00
  • County Tax Payment Frequency: Annually
  • Close Date: 05/27/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2022
Sold by
Ayan Patel
Bought by
Patel Miteshkumar V and Patel Shivani M
Current Estimated Value
$732,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$465,102
Interest Rate
4.81%
Mortgage Type
New Conventional
Estimated Equity
$267,187

Purchase Details

Listed on
Mar 2, 2016
Closed on
May 27, 2016
Sold by
Beauchamp Laurie L and Beauchamp William R
Bought by
Patel Ayan
Seller's Agent
Joann Glussich
Keller Williams Realty
Buyer's Agent
Russell Stucki
RE/MAX Realty Group Rehoboth
List Price
$499,900
Sold Price
$465,000
Premium/Discount to List
-$34,900
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$372,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Patel Miteshkumar V $685,000 Tunnell & Raysor Pa
Patel Ayan $465,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Miteshkumar V $548,000
Previous Owner Patel Ayan $372,000
Closed Patel Miteshkumar V $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $465,000 -7.0% $116 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $499,900 -- $125 / 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 $1,421 $44,500 $5,000 $39,500
2024 $2,193 $44,500 $5,000 $39,500
2023 $2,191 $44,500 $5,000 $39,500
2022 $2,115 $44,500 $5,000 $39,500
2021 $2,096 $44,500 $5,000 $39,500
2020 $2,089 $44,500 $5,000 $39,500
2019 $2,092 $44,500 $5,000 $39,500
2018 $1,954 $44,500 $0 $0
2017 $1,871 $44,500 $0 $0
2016 $1,778 $44,500 $0 $0
2015 $1,699 $44,500 $0 $0
2014 $1,686 $44,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joann Glussich

    Seller's Agent in 2016

    Joann Glussich

    Keller Williams Realty

    (302) 703-7033

    17 in this area

    62 Total Sales

    Joann Glussich
    Section Image
  • Russell Stucki

    Buyer's Agent in 2016

    Russell Stucki

    RE/MAX

    (302) 228-7871

    8 in this area

    104 Total Sales

    Russell Stucki
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001014688

Bright MLS

APN: 334-05.00-905.00

Delaware Sussex County Lewes 19958

32860 Ocean Reach Dr, Lewes, DE

This home is located at 32860 Ocean Reach Dr, Lewes, DE 19958 since 02 March 2016 and is currently estimated at $732,289, approximately $182 per square foot. This property was built in 2004. 32860 Ocean Reach Dr is a home located in Sussex County with nearby schools including Love Creek Elementary School, Mariner Middle School, and Cape Henlopen High School.

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