NOT LISTED FOR SALE

37292 Lighthouse Rd Unit 301 Selbyville, DE 19975

Estimated Value: $483,554 - $824,000

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

Last Sold September 25, 2020

Last sale price $552,500 $348 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,275/month

Highlights

  • Primary bedroom faces the bay
  • Home fronts navigable water
  • Bay View
  • Phillip C. Showell Elementary School Rated A-
  • Access to Tidal Water
  • Open Floorplan

About This Home

As of September 2020

Beautiful condo, awesome views and a great pool complex this is beach living at its absolute finest! This rarely available end-unit condo in popular Laguna Bay offers three bedrooms and three full bathrooms in an open floor plan. The southern exposure views of the bay, Ocean City skyline and wetlands are endless from the large balcony. The multitude of windows and vaulted ceilings let in lots of natural light and capture the views throughout the condo. Beautiful appointments include designer cabinetry, granite countertops, upgraded carpet and tile flooring, stainless steel appliances and decorator furnishings. The master suite is bayfront and both guest bedrooms are generously sized. Laguna Bay s large bayfront pool, hot tub and sun deck are simply awesome and a great place to relax and recharge. Additional building features include a secure lobby, elevator and storage unit. Properties like this don t come along very often. Schedule your appointment to see it today.

Last Agent to Sell the Property

Nicholas Bobenko

(443) 614-9179 nick@coastallifeoc.com Coastal Life Realty Group LLC Listed on: 06/26/2020

Last Buyer's Agent

Sandra Erbe

(443) 848-3004 sandraerbe@kw.com Keller Williams Realty License #676130

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $963

Year Built

  • Built in 2013

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Cleared Lot
  • Property is in very good condition

HOA Fees

  • $492 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 3rd floor
  • Block Foundation
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,589 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Bay Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property near a bay
  • Rip-Rap
  • Balcony

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 533-20.00-39.00-301

Community Details

Overview

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

Amenities

  • Elevator

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$963

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: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: The sailfish painting in the master bedroom and whale painting in the living room.
  • Home Warranty: No
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2013
  • Automatically Close On Close Date: Yes
  • Remarks Public: Beautiful condo, awesome views and a great pool complex this is beach living at its absolute finest! This rarely available end-unit condo in popular Laguna Bay offers three bedrooms and three full bathrooms in an open floor plan. The southern exposure views of the bay, Ocean City skyline and wetlands are endless from the large balcony. The multitude of windows and vaulted ceilings let in lots of natural light and capture the views throughout the condo. Beautiful appointments include designer cabinetry, granite countertops, upgraded carpet and tile flooring, stainless steel appliances and decorator furnishings. The master suite is bayfront and both guest bedrooms are generously sized. Laguna Bay s large bayfront pool, hot tub and sun deck are simply awesome and a great place to relax and recharge. Additional building features include a secure lobby, elevator and storage unit. Properties like this don t come along very often. Schedule your appointment to see it today.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Dryer
  • Entry Floor: 3
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Floor Plan - Open, Primary Bath(s), Primary Bedroom - Bay Front, Upgraded Countertops
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1589
  • Living Area Sq Ft: 1589
  • Price Per Sq Ft: 346.13
  • Above Grade Finished Sq Ft: 1589
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37292

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Roof: Shingle
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

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
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 492.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Hot Tub, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Trash
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 23650.00
  • Land Assessed Value: 1950.00
  • Land Use Code: RC
  • Lot Features: Cleared, Rip-Rapped
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 10189044
  • School Tax: 849.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 963.00
  • Assessor Parcel Number: 533-20.00-39.00-301
  • Tax Total Finished Sq Ft: 1589
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/25/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Sep 25, 2020
Sold by
Thomas Merrill P
Bought by
Wagonheim Eliot and M-Wagonheim Nicole A
Seller's Agent
Nicholas Bobenko
Coastal Life Realty Group LLC
Buyer's Agent
Sandra Erbe
Keller Williams Realty
List Price
$550,000
Sold Price
$552,500
Premium/Discount to List
$2,500
0.45%
Current Estimated Value
$699,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,389
Avg. Annual Appreciation
4.76%
Original Mortgage
$476,000
Outstanding Balance
$423,377
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$276,512

Purchase Details

Closed on
Aug 26, 2014
Bought by
Stvan Dennis Joseph and Stvan Carol Ann
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
Wagonheim Eliot $552,500 None Available
Stvan Dennis Joseph $404,484 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagonheim Eliot $476,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2020 09/25/20 Sold $552,500 0.0% $348 / Sq Ft
09/04/2020 09/04/20 Off Market $552,500 -- --
07/27/2020 07/27/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $550,000 +11.1% $346 / Sq Ft
11/08/2019 11/08/19 Sold $495,000 -1.0% $312 / Sq Ft View Prior Sale
09/03/2019 09/03/19 For Sale $499,900 -- $315 / 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 $23,650 $0 $23,650
2024 $1,069 $23,650 $0 $23,650
2023 $1,068 $23,650 $0 $23,650
2022 $1,051 $23,650 $0 $23,650
2021 $44 $23,650 $0 $23,650
2020 $976 $23,650 $0 $23,650
2019 $971 $23,650 $0 $23,650
2018 $981 $25,600 $0 $0
2017 $989 $25,600 $0 $0
2016 $873 $25,600 $0 $0
2015 $899 $25,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU163464

Bright MLS

APN: 533-20.00-39.00-301