NOT LISTED FOR SALE

36972 Trout Terrace N Selbyville, DE 19975

Estimated Value: $564,000 - $585,000

3 Beds
2.5 Baths
2,200 Sq Ft
$261/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $538,000 $245 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,199/month

10 Days on Market

Highlights

  • 56 Feet of Waterfront
  • Pier or Dock
  • Water Oriented
  • Phillip C. Showell Elementary School Rated A-
  • Fishing Allowed
  • Pond View

About This Home

As of January 2024

Tranquility Found at this stunning Furnished home situated pond front in Swann Cove. This 3 bedroom 2.5 bath coastal retreat features a first-floor primary bedroom, open concept floor plan, screen porch, morning room, flex room/ den and coastal double porches. Offering many upgrades such as a fireplace, spacious kitchen, large soaking tub in Primary Bath, accommodating walk-in closet, irrigation system, paver walkways, security system, skylights and large paver patio overlooking the most private stocked pond in the community. If that's not enough the community features walking trails, pier/dock to enjoy the beautiful Delmarva sunsets and launch your kayak, fishing or crabbing, picnic area, horseshoe pits, community center, fitness room, multiple stocked ponds, playground, and outdoor pool. Just a short 3 mile drive to Fenwick Island and Ocean City MD beaches.

Last Agent to Sell the Property

Ashley Brosnahan

(302) 841-4200 ashley@bethanybeach-homes.com Long & Foster Real Estate, Inc. License #RA-0031206 Listed on: 11/21/2023

Long & Foster Real Estate, Inc.

Co-Listed By

heather gates

(302) 858-7805 heather@bethanybeach-homes.com Long & Foster Real Estate, Inc. License #RS-0023225

Last Buyer's Agent

Jennifer Brink

(484) 753-1476 jengbrink@kw.com Keller Williams Realty License #5017471

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 2004

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 56.00 x 141.00
  • 56 Feet of Waterfront
  • Extensive Hardscape
  • Sprinkler System
  • Property is zoned MR

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Den
  • Loft
  • Sun or Florida Room
  • Screened Porch
  • Pond Views
  • Crawl Space
  • Monitored

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Pond

Location

  • Flood Risk

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Propane
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 533-12.00-775.00

Community Details

Overview

  • Association fees include common area maintenance, management, pier/dock maintenance, snow removal
  • Swann Cove Subdivision, Seaspray Floorplan

Amenities

  • Clubhouse

Recreation

  • Pier or Dock
  • Community Playground
  • Community Pool
  • Fishing Allowed
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,384

Year Built

Built in 2004

Lot Details

0

HOA Fees

$100 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
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Soaking Tub, Skylight(s), Sprinkler System, Tub Shower, Walk-In Closet(s), Window Treatments, Recessed Lighting
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Cathedral Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Den, Sun/Florida Room, Laundry, Loft, Screened Porch
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 249.95
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Lawn Sprinkler, Sidewalks, Street Lights, Underground Lawn Sprinkler
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • View: Pond, Water
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 56

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Monitored
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone, Propane
  • 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: Club House, Pier/Dock, Pool - Outdoor, Jog/Walk Path, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pier/Dock Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Fishing Available, Pond
  • Lot Size Acres: 0.21
  • Lot Dimensions: 56.00 x 141.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9148.00
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1235.00
  • Tax Annual Amount: 1384.00
  • Assessor Parcel Number: 533-12.00-775.00
  • Tax Lot: 100
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Jan 30, 2024
Sold by
Eckert Keith and Eckert Janet
Bought by
Louck Frederick J and Louck Dawn M
Seller's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
Buyer's Agent
Jennifer Brink
Keller Williams Realty
List Price
$549,900
Sold Price
$538,000
Premium/Discount to List
-$11,900
-2.16%
Views
65
Current Estimated Value
$574,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,022
Avg. Annual Appreciation
3.79%
Original Mortgage
$376,600
Outstanding Balance
$369,945
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$204,077
Source: Public Records

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
Louck Frederick J $538,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louck Frederick J $376,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2024 01/30/24 Sold $538,000 -2.2% $245 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/21/2023 11/21/23 For Sale $549,900 -- $250 / 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 $1,131 $33,500 $4,500 $29,000
2024 $1,387 $33,500 $4,500 $29,000
2023 $1,385 $33,500 $4,500 $29,000
2022 $1,363 $33,500 $4,500 $29,000
2021 $1,322 $33,500 $4,500 $29,000
2020 $1,262 $33,500 $4,500 $29,000
2019 $1,257 $33,500 $4,500 $29,000
2018 $1,269 $33,500 $0 $0
2017 $1,279 $33,500 $0 $0
2016 $1,128 $33,500 $0 $0
2015 $1,138 $32,800 $0 $0
2014 $1,121 $32,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2051944

Bright MLS

APN: 533-12.00-775.00