NOT LISTED FOR SALE

36981 Laws Point Rd Selbyville, DE 19975

Estimated Value: $572,000 - $648,000

4 Beds
2 Baths
2,072 Sq Ft
$290/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $515,000 $249 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,325/month

51 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Boat Ramp
  • Canal View
  • Phillip C. Showell Elementary School Rated A-
  • Open Floorplan
  • Engineered Wood Flooring

About This Home

As of November 2022

Just what you have been waiting for with this waterfront/water accessible 4 bedroom pristine home. Sought after location just minutes to the award winning beaches of Fenwick Island. One level living with beautiful sunset views. Open flooplan with kitchen and living room. Separate den and large Sunroom. Engineered hardwood flooring, stainless steel appliances, BRAND NEW HVAC, and owned Solar Panels. Energy efficient already complete your your enjoyment. Full attic for ample storage and pull down staircase. Newly installed dock and rear porch. (rear railing in the process of being installed). Outdoor shed/workshop. Sold mostly furnished. Amenity based community with Boat dock, outdoor pool, tennis courts and playground. Don't miss out on this canal font dream home.

Last Agent to Sell the Property

Colleen Windrow

(443) 497-4917 colleen@thewindrowgroup.com Keller Williams Realty License #RS-0024171 Listed on: 09/09/2022

Keller Williams Realty

Last Buyer's Agent

Steve Mastbrook

(302) 604-2694 steve.mastbrook@longandfoster.com Long & Foster Real Estate, Inc. License #RS0021087

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $933

Year Built

  • Built in 2012

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00 x 110.00
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Property is in very good condition

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,072 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Engineered Wood Flooring
  • Canal Views
  • Attic

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Outdoor Features

  • Water Access
  • Property is near a canal

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 533-12.16-240.00

Community Details

Overview

  • Association fees include pool(s), road maintenance, reserve funds, common area maintenance, trash, water
  • Swann Keys Civic Assoc HOA
  • Swann Keys Subdivision

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$933

Year Built

Built in 2012

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Manufactured
  • Architectural Style: Modular/Pre-Fabricated
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-09-10
  • Federal Flood Zone: No
  • Year Built: 2012
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Gas, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Engineered Wood
  • Interior Amenities: Attic, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Window Treatments, Wood Floors
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 2072
  • Living Area Sq Ft: 2072
  • Price Per Sq Ft: 265.44
  • Above Grade Finished Sq Ft: 2072
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Roof: Architectural Shingle
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 900.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts, Tot Lots/Playground, Boat Ramp
  • HOA Condo Co-Op Fee Includes: Pool(s), Road Maintenance, Reserve Funds, Common Area Maintenance, Trash, Water
  • HOA Name: SWANN KEYS CIVIC ASSOC
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 50.00 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Property Condition: Very Good
  • Zoning: GR
  • Zoning Description: GR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5235314
  • School Tax: 830.00
  • Tax Annual Amount: 933.00
  • Assessor Parcel Number: 533-12.16-240.00
  • Tax Lot: 23
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Nov 29, 2022
Sold by
Libonate Lisa
Bought by
Barry Lois Jean
Seller's Agent
Colleen Windrow
Keller Williams Realty
Buyer's Agent
Steve Mastbrook
Long & Foster Real Estate, Inc.
List Price
$550,000
Sold Price
$515,000
Premium/Discount to List
-$35,000
-6.36%
Views
92
Current Estimated Value
$599,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,953
Avg. Annual Appreciation
5.35%
Original Mortgage
$772,500
Outstanding Balance
$771,097
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$171,144

Purchase Details

Closed on
Jan 22, 2018
Sold by
Libonate Daniel N and Libonate Barbara
Bought by
Libonate Daniel N and Libonate Barbara

Purchase Details

Closed on
Oct 16, 2017
Sold by
Libonate Daniel N and Libonate Barbara
Bought by
Libonate Daniel N and Libonate Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,982
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2012
Sold by
Libonate Daniel N and Libonate Barbara L
Bought by
Hipkins Lisa

Purchase Details

Closed on
Aug 29, 2012
Sold by
Libonate Daniel N and Libonate Barbara L
Bought by
Hipkins Lisa
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
Barry Lois Jean $515,000 --
Libonate Daniel N -- --
Libonate Daniel N -- --
Hipkins Lisa -- --
Hipkins Lisa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barry Lois Jean $772,500
Previous Owner Libonate Daniel N $128,982
Closed Barry Lois Jean $772,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2022 11/22/22 Sold $515,000 -6.4% $249 / Sq Ft
09/09/2022 09/09/22 For Sale $550,000 -- $265 / 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 $1,132 $22,950 $5,000 $17,950
2024 $962 $22,950 $5,000 $17,950
2023 $961 $22,950 $5,000 $17,950
2022 $770 $22,950 $5,000 $17,950
2021 $746 $22,950 $5,000 $17,950
2020 $714 $22,950 $5,000 $17,950
2019 $711 $22,950 $5,000 $17,950
2018 $530 $22,950 $0 $0
2017 $534 $22,950 $0 $0
2016 $489 $22,950 $0 $0
2015 $814 $22,750 $0 $0
2014 $802 $22,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2028758

Bright MLS

APN: 533-12.16-240.00