NOT LISTED FOR SALE

37292 Lighthouse Rd Unit 205 Selbyville, DE 19975

Estimated Value: $691,566 - $966,000

4 Beds
3.5 Baths
2,629 Sq Ft
$654/mo HOA Fee

Last Sold December 03, 2020

Last sale price $640,000 $243 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,222/month

Highlights

  • Pier or Dock
  • Home fronts navigable water
  • Fishing Allowed
  • Phillip C. Showell Elementary School Rated A-
  • Canoe or Kayak Water Access
  • Bay View

About This Home

As of December 2020

Rare opportunity to own a 4 bedroom, 3 bath, direct bayfront condo with a million dollar view in Laguna Bay. The waterviews are breathtaking and can be seen from every seat in the LR, DR and kitchen. The gourmet kitchen is spacious and includes designer cabinetry, a large island, stainless appliances and granite countertops . Need to work from home or attend on-line meetings/classes? There is an office space right off of the kitchen. This home is beautifully furnished with many custom finishes and it's sold furnished! There is a waterfront balcony where you can relax and take in the beautiful and serene views. The sunsets are spectacular! You'll have a front-row seat for the fireworks at Northside Park. The community has a pool , beach area, kayak launch and a pier for all of your outdoor fun and adventures. There is a also a private storage locker for your beach equipment. Properties like this do not come on the market often so make your appointment today!

Last Agent to Sell the Property

Suzanne OBrien

(240) 506-3668 suzanne.obrien@cbmove.com Coldwell Banker Realty License #36188 Listed on: 09/12/2020

Coldwell Banker Realty

Last Buyer's Agent

Kim Hook

(302) 462-5504 kim@kimhook.com RE/MAX Coastal License #RB-0031040

RE/MAX Coastal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,286

Year Built

  • Built in 2013

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Property is in excellent condition

HOA Fees

  • $654 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2,629 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Double Hung Windows
  • Stained Glass
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Ceramic Tile Flooring
  • Bay Views
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking
  • Parking Lot

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Outdoor Features

  • Canoe or Kayak Water Access
  • Property near a bay
  • Lake Privileges
  • Balcony
  • Deck

Location

  • Flood Risk

Schools

  • Selbyville Middle School
  • Indian River High School

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 533-20.00-39.00-205

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pier/dock maintenance, pool(s), reserve funds, security gate, trash
  • Low-Rise Condominium
  • Laguna Bay At Fenwick Island Community
  • Laguna Bay Subdivision
  • Property Manager

Amenities

  • Common Area
  • 1 Elevator

Recreation

  • Pier or Dock
  • Community Pool
  • Fishing Allowed

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,286

Year Built

Built in 2013

Lot Details

0

HOA Fees

$654 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator, No Stairs
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2013
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Electric, Refrigerator, Stainless Steel Appliances, Washer, Microwave
  • Entry Floor: 2
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Elevator, Flat, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Soaking Tub, Upgraded Countertops, Tub Shower, Stain/Lead Glass, Stall Shower, Store/Office, Window Treatments
  • Window Features: Sliding, Screens, Double Hung
  • Fireplace: No
  • Door Features: Insulated, Sliding Glass, Storm
  • Elevators Count: 1
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2629
  • Living Area Sq Ft: 2629
  • Price Per Sq Ft: 264.36
  • Above Grade Finished Sq Ft: 2629
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37292

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Road Surface Type: Black Top
  • Spa: No
  • View: Bay
  • Water Access Features: Canoe/Kayak, Fishing Allowed
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 4

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: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 654.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Pool - Outdoor, Pier/Dock, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Security Gate, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, Concrete, In Ground

Schools

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

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s), Balcony
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 1134.00
  • Tax Annual Amount: 1286.00
  • Assessor Parcel Number: 533-20.00-39.00-205
  • Tax Total Finished Sq Ft: 2629
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/03/2020

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
Sep 12, 2020
Closed on
Nov 30, 2020
Sold by
Godbout John M and Godbout Maureen
Bought by
Esser Jennifer A and Esser Lee F
Seller's Agent
Suzanne OBrien
Coldwell Banker Realty
Buyer's Agent
Kim Hook
RE/MAX Coastal
List Price
$695,000
Sold Price
$640,000
Premium/Discount to List
-$55,000
-7.91%
Current Estimated Value
$843,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,642
Avg. Annual Appreciation
5.80%
Original Mortgage
$505,600
Outstanding Balance
$452,740
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$390,902

Purchase Details

Closed on
Dec 18, 2014
Bought by
Godbout John M and Godbout Maureen
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
Esser Jennifer A $640,000 None Available
Godbout John M $494,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esser Jennifer A $505,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2020 12/03/20 Sold $640,000 -7.9% $243 / Sq Ft
09/12/2020 09/12/20 For Sale $695,000 -- $264 / 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 $1,733 $34,200 $0 $34,200
2024 $1,505 $34,200 $0 $34,200
2023 $1,504 $34,200 $0 $34,200
2022 $1,479 $34,200 $0 $34,200
2021 $1,435 $34,200 $0 $34,200
2020 $1,373 $34,200 $0 $34,200
2019 $1,366 $34,200 $0 $34,200
2018 $1,380 $36,150 $0 $0
2017 $1,391 $36,150 $0 $0
2016 $1,227 $36,150 $0 $0
2015 $1,265 $36,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU169028

Bright MLS

APN: 533-20.00-39.00-205