NOT LISTED FOR SALE

34928 Loon Way Unit 30 Ocean View, DE 19970

Estimated Value: $642,000 - $779,399

4 Beds
2.5 Baths
2,510 Sq Ft
$287/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $670,000 $267 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,464/month

80 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Pier or Dock
  • Tennis Courts
  • Lord Baltimore Elementary School Rated A-
  • Fitness Center
  • Water Oriented

About This Home

As of June 2023

SELLERS MOTIVATED!!! BRING OFFER!!! With a perfect balance of coastal style, craftsman cues and quality construction, this lovely residence located in the Waters Edge neighborhood of Bay Forest, was thoughtfully designed to take full advantage of the stunning panoramic views overlooking Collins Creek and the Indian River Bay. Offering two levels of living and entertaining space, this extraordinary property is simply a spectacular place for family and friends to gather and grow. Inside, superior craftsmanship and finishes include hardwood floors, custom millwork features of deep crown molding, bookcases and built-ins, feature lighting, and Anderson windows and atrium doors throughout to inspire coastal sensibility at its finest. The main levels open plan design with abundant picture windows that bathe the main level living spaces in natural light and creek breezes, with an invitation to meander out to the Ese-Breeze all season’s porch or to the deck for glorious sunrise or sunsets views. The great room offers options for gathering and entertaining spaces, in the living room under its 2-story vaulted ceiling, anchored by the gas fireplace, or in the solarium bump-out, boasting 3 walls of picture window views, showcasing spectacular views from morning well into the night. The gourmet kitchen features, 42” custom cabinetry, granite countertops, suite of stainless-steel appliances, deep pantry, and peninsula with breakfast bar. You have options for serving guests your chef inspired creations, at the breakfast bar, in the formal dining room, the screened porch, or dine al-fresco under the stars on the deck. Retreat, rejuvenate, and rest in the primary bedroom suite complete with a walk-in closet with custom built-ins, and ensuite offering a spacious, spa-like bath, dual sink vanities, and glass stall shower. The main level floor plan also includes a spacious laundry room offering the perfect custom-built mudroom/travel center with bench seating and additional storage options, interior access to the garage, and a powder bath. An open staircase in the great room ascends to the upper level entertaining and sleeping quarters. The loft features a beautiful bookcase, and the area overlooks the great room and offers more stunning views of the coastal landscape beyond the home and the loft is the perfect spot to curl-up with your favorite read and get away from the world below. Two graciously sized bedrooms each individually appointed with additional storage and a hall bath are at the ready for out-of-town guests. A fourth substantially-sized bedroom offers a wall of custom built-ins, ideal to display cherished artwork, books and décor, and this room offers the most commanding view of the creek and bay in grand splendor. Community offers water access for kayaking or paddle boarding.

Last Listed By

Robin Palumbo Thompson

Northrop Realty License #RS-0014060 Listed on: 03/15/2023

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 2015

Lot Details

  • 100 Feet of Waterfront
  • Creek or Stream
  • Landscaped
  • Sprinkler System
  • Backs to Trees or Woods
  • Marsh on Lot
  • Tidal Wetland on Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Bay
  • Panoramic
  • Woods
  • Creek or Stream
  • Garden

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Pitched Roof
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,510 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Sound System
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Palladian Windows
  • Window Screens
  • Atrium Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Formal Dining Room
  • Loft
  • Solarium
  • Screened Porch
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • 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

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Water Oriented
  • Stream or River on Lot
  • Lake Privileges
  • Tennis Courts
  • Deck
  • Screened Patio
  • Water Fountains
  • Playground

Schools

  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • 200+ Amp Service
  • Tankless Water Heater
  • Natural Gas Water Heater

Additional Features

  • Energy-Efficient Windows
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-08.00-1029.00-30

Community Details

Overview

  • $1,100 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, pool(s), recreation facility, road maintenance, reserve funds, snow removal, trash, pier/dock maintenance, management, lawn care side, lawn care rear, lawn care front
  • Built by NV Homes
  • Bay Forest Club Subdivision, Ashford Floorplan
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Game Room
  • Meeting Room
  • Party Room

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,300

Year Built

Built in 2015

Lot Details

0

HOA Fees

$357 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-03-15
  • Federal Flood Zone: Yes
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: SELLERS MOTIVATED!!! BRING OFFER!!! With a perfect balance of coastal style, craftsman cues and quality construction, this lovely residence located in the Waters Edge neighborhood of Bay Forest, was thoughtfully designed to take full advantage of the stunning panoramic views overlooking Collins Creek and the Indian River Bay. Offering two levels of living and entertaining space, this extraordinary property is simply a spectacular place for family and friends to gather and grow. Inside, superior craftsmanship and finishes include hardwood floors, custom millwork features of deep crown molding, bookcases and built-ins, feature lighting, and Anderson windows and atrium doors throughout to inspire coastal sensibility at its finest. The main levels open plan design with abundant picture windows that bathe the main level living spaces in natural light and creek breezes, with an invitation to meander out to the Ese-Breeze all season’s porch or to the deck for glorious sunrise or sunsets views. The great room offers options for gathering and entertaining spaces, in the living room under its 2-story vaulted ceiling, anchored by the gas fireplace, or in the solarium bump-out, boasting 3 walls of picture window views, showcasing spectacular views from morning well into the night. The gourmet kitchen features, 42” custom cabinetry, granite countertops, suite of stainless-steel appliances, deep pantry, and peninsula with breakfast bar. You have options for serving guests your chef inspired creations, at the breakfast bar, in the formal dining room, the screened porch, or dine al-fresco under the stars on the deck. Retreat, rejuvenate, and rest in the primary bedroom suite complete with a walk-in closet with custom built-ins, and ensuite offering a spacious, spa-like bath, dual sink vanities, and glass stall shower. The main level floor plan also includes a spacious laundry room offering the perfect custom-built mudroom/travel center with bench seating and additional storage options, interior access to the garage, and a powder bath. An open staircase in the great room ascends to the upper level entertaining and sleeping quarters. The loft features a beautiful bookcase, and the area overlooks the great room and offers more stunning views of the coastal landscape beyond the home and the loft is the perfect spot to curl-up with your favorite read and get away from the world below. Two graciously sized bedrooms each individually appointed with additional storage and a hall bath are at the ready for out-of-town guests. A fourth substantially-sized bedroom offers a wall of custom built-ins, ideal to display cherished artwork, books and décor, and this room offers the most commanding view of the creek and bay in grand splendor. Community offers water access for kayaking or paddle boarding.
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Window Treatments, Wood Floors, Combination Kitchen/Living, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Pantry, Sound System, Stall Shower, Upgraded Countertops, Tub Shower
  • Window Features: Screens, Double Pane, Energy Efficient, Insulated, Palladian
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm, Atrium
  • Wall Ceiling Types: Dry Wall, 2 Story Ceilings, 9'+ Ceilings, Cathedral Ceilings, High, Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Foyer, Laundry, Loft, Solarium, Screened Porch
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2510
  • Living Area Sq Ft: 2510
  • Price Per Sq Ft: 288.84
  • Above Grade Finished Sq Ft: 2510
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 34928

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built, Stone
  • Exterior Features: Sidewalks, Underground Lawn Sprinkler, Play Area, Street Lights, Tennis Court(s), Water Fountains
  • Roof: Architectural Shingle, Pitched
  • Spa: No
  • View: Trees/Woods, Bay, Creek/Stream, Garden/Lawn, Panoramic, Water
  • Water Access: No
  • Water Body Name: Collins Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, 220 Volts
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • Security: Main Entrance Lock, Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 342.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 15.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Fitness Center, Jog/Walk Path, Pool - Outdoor, Putting Green, Tennis Courts, Bike Trail, Common Grounds, Game Room, Meeting Room, Party Room, Pier/Dock, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Pool(s), Recreation Facility, Road Maintenance, Reserve Funds, Snow Removal, Trash, Pier/Dock Maintenance, Management, Lawn Care Side, Lawn Care Rear, Lawn Care Front
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Fenced

Fee Information

  • Capital Contribution Fee: 1100.00

Schools

  • School District: INDIAN RIVER
  • High School: INDIAN RIVER
  • High School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • High School: INDIAN RIVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: 999
  • Lot Features: Backs To Trees, Marshy, Tidal Wetland, Front Yard, Landscaping, Rear Yard, Sideyard(s), Stream/Creek
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • In City Limits: No

Building Info

  • Builder Name: NV Homes

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 10186059
  • School Tax: 1158.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1300.00
  • Assessor Parcel Number: 134-08.00-1029.00-30
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/16/2023

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Jun 16, 2023
Sold by
Munroe Kevin S
Bought by
Gray Dawn and Gray Kraig
Seller's Agent
Robin Palumbo Thompson
Northrop Realty
Buyer's Agent
Ann Baker/noLng
Long & Foster Real Estate, Inc.
List Price
$850,000
Sold Price
$670,000
Premium/Discount to List
-$180,000
-21.18%
Total Days on Market
80
Views
67
Current Estimated Value
$720,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,850
Avg. Annual Appreciation
3.95%
Original Mortgage
$569,500
Outstanding Balance
$558,051
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$162,799

Purchase Details

Closed on
Mar 20, 2015
Sold by
Nvr Inc Ta Nvhomes A Virginia Corporatio
Bought by
Munroe Kevin S and Munroe Margaret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Range of Values:

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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
Gray Dawn $670,000 None Listed On Document
Munroe Kevin S $522,207 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Dawn $569,500
Previous Owner Munroe Kevin S $376,750
Previous Owner Munroe Kevin S $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $670,000 -7.6% $267 / Sq Ft
05/23/2023 05/23/23 Price Changed $725,000 -5.8% $289 / Sq Ft
05/05/2023 05/05/23 Price Changed $770,000 -3.8% $307 / Sq Ft
04/17/2023 04/17/23 Price Changed $800,000 -3.0% $319 / Sq Ft
04/07/2023 04/07/23 Price Changed $825,000 -1.2% $329 / Sq Ft
03/29/2023 03/29/23 Price Changed $835,000 -1.8% $333 / Sq Ft
03/15/2023 03/15/23 For Sale $850,000 -- $339 / 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
2024 $1,332 $30,500 $0 $30,500
2023 $1,336 $30,500 $0 $30,500
2022 $1,319 $30,500 $0 $30,500
2021 $1,290 $30,500 $0 $30,500
2020 $1,249 $30,500 $0 $30,500
2019 $1,231 $30,500 $0 $30,500
2018 $1,188 $30,800 $0 $0
2017 $1,205 $30,800 $0 $0
2016 $1,072 $31,000 $0 $0
2015 $1,089 $30,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DESU2037256

Bright MLS

APN: 134-08.00-1029.00- 30