NOT LISTED FOR SALE

34518 Holly Tree Ln Dagsboro, DE 19939

Estimated Value: $539,000 - $667,000

3 Beds
2.5 Baths
2,196 Sq Ft
$272/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $425,000 $194 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,294/month

Highlights

  • Open Floorplan
  • Coastal Architecture
  • Attic
  • Lord Baltimore Elementary School Rated A-
  • Main Floor Bedroom
  • Community Pool

About This Home

As of February 2021

Welcome to 34518 Holly Tree Lane in the desirable Bay Colony community! If you are looking to start your own Delaware beach story in the Bethany area or looking for a wonderful investment opportunity, this turn-key home should be first on your list to see. This 3 (4) bed, 2.5 bath, one level home has been thoughtfully and completely renovated with todays buyer in mind and no detail has been overlooked. The home sits on a peaceful lot with mature landscaping and a welcoming front porch. Just off the foyer are French doors leading to a home office or fourth bedroom with great light and a lovely view and is perfectly situated to give either guest or homeowner a quiet separate space to work or sleep. On the other side of the foyer is the large open concept living space including the living room, enormous dining area and kitchen. The main living space has vaulted ceilings, skylights, high end lighting fixtures, a wood burning fireplace, built in stereo or bookcase niche, and French doors leading to the large three season room overlooking the beautiful large back yard with gorgeous trees. The kitchen has been completely renovated with quartz countertops, a deep sink, breakfast bar peninsula with extra storage, new appliances and a generously sized pantry. The entire house has been upgraded with luxury vinyl floors, which are a must-have for a beach lifestyle. The owners suite has contemporary French closet doors, a stunning view of trees, a gorgeously renovated master bath with dual vanities, soaking tub and separate tile shower. There are two coat closets, making for excellent storage, and a half bath and laundry room. On the other side of the main living space are two guest bedrooms and full bath, giving both owner and guests privacy. Both guest rooms have lovely views and French closet doors. This home also has a dream 2 car garage with attic storage, enormous built in work bench and additional storage systems sure to please any project lover. There is a door from the garage leading to the side yard, outside shower, and walkway to the front and back yards. This renovation included many off-season needs as well, such as frost-free hose bibs, low maintenance landscaping, and much more. The furnace and AC units are all new, making this an easy-care home, perfect for full time, part time, or long-term rentals. Bay Colony is one of the most popular communities in the Bethany Beach area. In addition to a beautiful neighborhood pool, tennis and pickle-ball courts, and a clubhouse, Bay Colony is the only waterfront community in the Bethany Beach area that has a full-service marina, boat slips, and private beaches. If you're looking for waterfront access in Delaware, you won't find better than Bay Colony. Additionally, Bethany and Rehoboth are just minutes away, where tax-free shopping, dining, and so much more can be found.

Last Agent to Sell the Property

Paul Sicari

(202) 251-5566 pauls@buyatthebeach.com Compass License #659389 Listed on: 12/17/2020

Compass

Co-Listed By

Will Melton

(443) 621-3581 will.melton@compass.com Keller Williams Realty License #RS-0025376

Last Buyer's Agent

Rose Walker

(302) 745-0614 rose@rosesbythesea.com Patterson-Schwartz-OceanView License #RS-0013448

Patterson-Schwartz-OceanView

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,108

Year Built

  • Built in 1997 | Remodeled in 2020

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 62.00 x 184.00
  • Property is zoned MR

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Frame Construction

Interior Spaces

  • 2,196 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Den
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 134-03.00-428.00

Community Details

Overview

  • Association fees include common area maintenance, pool(s), reserve funds, road maintenance, snow removal
  • Bay Colony Homeowners Assoc (Self Managed) HOA, Phone Number (302) 537-7746
  • Bay Colony Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,108

Year Built

Built in 1997 | Remodeled in 2020

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1997
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Energy Efficient Appliances, Oven/Range - Electric, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Attic, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Recessed Lighting, Skylight(s)
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Office
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2196
  • Living Area Sq Ft: 2196
  • Price Per Sq Ft: 204.46
  • Above Grade Finished Sq Ft: 2196
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Spa: No
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 900.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal
  • HOA Name: BAY COLONY HOMEOWNERS ASSOC (SELF-MANAGED)
  • HOA Phone: 302-537-7746
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.28
  • Lot Dimensions: 62.00 x 184.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Zoning: MR
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5122442
  • School Tax: 977.00
  • Tax Annual Amount: 1108.00
  • Assessor Parcel Number: 134-03.00-428.00
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Feb 19, 2021
Sold by
Jex Investments Llc
Bought by
Tokarz Thomas and Tokarz Theresa
Seller's Agent
Paul Sicari
Compass
Buyer's Agent
Rose Walker
Patterson-Schwartz-OceanView
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Current Estimated Value
$596,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,683
Avg. Annual Appreciation
7.45%
Original Mortgage
$382,500
Outstanding Balance
$342,104
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$254,579

Purchase Details

Listed on
Aug 4, 2020
Closed on
Sep 30, 2020
Sold by
Battles Kenneth H and Battles Jane K
Bought by
Jez Investments Llc
Seller's Agent
Paul Sicari
Compass
Buyer's Agent
Paul Sicari
Compass
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
144.27%

Purchase Details

Closed on
Sep 23, 1998
Bought by
Battles Kenneth H Jane K
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
Tokarz Thomas $425,000 None Available
Jez Investments Llc $300,000 None Available
Battles Kenneth H Jane K $205,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tokarz Thomas $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2021 02/19/21 Sold $425,000 -5.3% $194 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
12/17/2020 12/17/20 For Sale $449,000 +49.7% $204 / Sq Ft
09/30/2020 09/30/20 Sold $300,000 -4.8% $137 / Sq Ft View Prior Sale
08/04/2020 08/04/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $315,000 -- $143 / 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 $962 $29,450 $3,850 $25,600
2024 $1,242 $29,450 $3,850 $25,600
2023 $1,240 $29,450 $3,850 $25,600
2022 $1,221 $29,450 $3,850 $25,600
2021 $29 $29,450 $3,850 $25,600
2020 $1,132 $29,450 $3,850 $25,600
2019 $1,317 $29,450 $3,850 $25,600
2018 $1,328 $29,450 $0 $0
2017 $1,123 $29,450 $0 $0
2016 $1,217 $29,450 $0 $0
2015 $1,248 $29,450 $0 $0
2014 $1,233 $29,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU174732

Bright MLS

APN: 134-03.00-428.00