NOT LISTED FOR SALE

37286 Lighthouse Rd Unit 207 Selbyville, DE 19975

Estimated Value: $481,857 - $797,000

3 Beds
2.5 Baths
1,589 Sq Ft
$492/mo HOA Fee

Last Sold December 30, 2020

Last sale price $551,500 $347 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,224/month

Highlights

  • Primary bedroom faces the bay
  • Boat Dock
  • Home fronts navigable water
  • Phillip C. Showell Elementary School Rated A-
  • Boat or Launch Ramp
  • Access to Tidal Water

About This Home

As of December 2020

Located near Fenwick Island Beaches. Enjoy swimming in the large Bayfront pool with hot tub and sun deck. The building includes a secure lobby, elevator, and large storage unit for outdoor gear. There is a day dock and kayak launch ramp. The view from the living room and master bedroom overlooks wetlands and the Ocean City Skyline. The condo features 3 bedrooms, 2.5 baths all beautifully decorated and move in condition.

Last Agent to Sell the Property

Trevor Clark

(302) 290-3869 trevor.clark@1stchoicetoday.com 1ST CHOICE PROPERTIES LLC License #RB-0031435 Listed on: 10/28/2020

Co-Listed By

ABBY CLARK

(302) 345-6706 abby.clark@1stchoicetoday.com 1ST CHOICE PROPERTIES LLC

Last Buyer's Agent

Ron Golden

(410) 258-1100 ron@expcoastal.com EXP Realty, LLC License #RS-0023224

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $935

Year Built

  • Built in 2013

Lot Details

  • Home fronts navigable water
  • Sandy Beach
  • Sprinkler System

HOA Fees

  • $492 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 3rd floor
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,589 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Recessed Lighting
  • Window Treatments
  • Dining Area
  • Crawl Space
  • Flood Lights

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Electric Front Loading Dryer
  • Front Loading Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Property near a bay
  • Limited Hours Of Personal Watercraft Operation
  • Rip-Rap
  • Boat or Launch Ramp
  • Lake Privileges
  • Screened Patio
  • Exterior Lighting
  • Porch

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • 120/240V
  • 60 Gallon+ Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 533-20.00-39.00-207

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pier/dock maintenance, pool(s), snow removal, trash
  • Association Phone (410) 289-6156
  • Low-Rise Condominium
  • Laguna Bay Subdivision
  • Property Manager

Amenities

  • Common Area
  • Elevator

Recreation

  • Boat Dock
  • Community Pool

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$935

Year Built

Built in 2013

Lot Details

0

HOA Fees

$492 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: circular mirror in dining area and all artwork
  • Home Warranty: No
  • Inclusions: furniture and decor
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2013
  • Automatically Close On Close Date: No
  • Remarks Public: Located near Fenwick Island Beaches. Enjoy swimming in the large Bayfront pool with hot tub and sun deck. The building includes a secure lobby, elevator, and large storage unit for outdoor gear. There is a day dock and kayak launch ramp. The view from the living room and master bedroom overlooks wetlands and the Ocean City Skyline. The condo features 3 bedrooms, 2.5 baths all beautifully decorated and move in condition.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Disposal, Dishwasher, Dryer, Dryer - Electric, Dryer - Front Loading, Microwave, Oven/Range - Electric, Stainless Steel Appliances, Washer, Washer - Front Loading, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Breakfast Area, Carpet, Combination Dining/Living, Combination Kitchen/Living, Dining Area, Elevator, Floor Plan - Open, Primary Bedroom - Bay Front, Recessed Lighting, Soaking Tub, Sprinkler System, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1589
  • Living Area Sq Ft: 1589
  • Price Per Sq Ft: 347.07
  • Above Grade Finished Sq Ft: 1589
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37286

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
  • Exterior Features: Exterior Lighting, Flood Lights
  • Roof: Architectural Shingle
  • Water Access Features: Canoe/Kayak, Limited Hours Of Personal Watercraft Operation (PWC)
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers, 120/240V
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Security: 24 Hour Security, Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 492.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Elevator, Pool - Outdoor, Security, Swimming Pool, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Snow Removal, Trash
  • HOA Phone: 410-289-6156
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Concrete, In Ground

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Porch(es), Screened, Roof
  • Year Assessed: 2020
  • Zoning: R
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 10189040
  • School Tax: 824.00
  • Tax Annual Amount: 935.00
  • Assessor Parcel Number: 533-20.00-39.00-207
  • Tax Total Finished Sq Ft: 1589
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/30/2020

Multi Family

  • Waterfront Features: Boat/Launch Ramp, Rip-Rap, Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Dec 30, 2020
Sold by
Alvord Gary F and Alvord Diana S
Bought by
Schultz Eric P and Schultz Shawn E
Seller's Agent
Trevor Clark
1ST CHOICE PROPERTIES LLC
Buyer's Agent
Ron Golden
EXP Realty, LLC
List Price
$550,000
Sold Price
$551,500
Premium/Discount to List
$1,500
0.27%
Current Estimated Value
$690,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,714
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
Nov 18, 2016
Sold by
Ward Dennis J and Ward Margaret M
Bought by
Alvord Diana S and Alvord Gary F

Purchase Details

Closed on
Jun 5, 2015
Sold by
Christopher At Mallard Cove Ii Llc
Bought by
Ward Dennnis and Ward Margaret
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
Schultz Eric P $551,500 None Available
Alvord Diana S $429,000 None Available
Ward Dennnis -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $551,500 +0.3% $347 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $550,000 -- $346 / 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 $1,345 $22,900 $0 $22,900
2024 $1,038 $22,900 $0 $22,900
2023 $1,037 $22,900 $0 $22,900
2022 $1,020 $22,900 $0 $22,900
2021 $990 $22,900 $0 $22,900
2020 $948 $22,900 $0 $22,900
2019 $943 $22,900 $0 $22,900
2018 $952 $24,850 $0 $0
2017 $960 $24,850 $0 $0
2016 $848 $24,850 $0 $0
2015 $873 $24,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU172180

Bright MLS

APN: 533-20.00-39.00-207