NOT LISTED FOR SALE

37298 Lighthouse Rd Unit 16 Selbyville, DE 19975

Estimated Value: $851,000 - $1,039,000

4 Beds
4 Baths
2,732 Sq Ft
$344/Sq Ft Est. Value

Last Sold September 19, 2017

Last sale price $550,000 $201 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,090/month

Highlights

  • Pier or Dock
  • Water Access
  • Bay View
  • Phillip C. Showell Elementary School Rated A-
  • In Ground Pool
  • Lake Privileges

About This Home

As of September 2017

Breathtaking Bayfront sunrises/sunsets, face south, overlook OC skyline 2 oversized balconies, SPECTACULAR south end 24 Ft wide 4 BR, 4 BATH townhome, 2 Master Bayfront suites, 4 BR, gourmet kitchen, granite counters, stainless appliances, diagonal tile kitchen, HARDWOOD FLOORS,2 garages, + covered parking, +extra parking , private stairway entrance, lower patio for grilling, kayak, paddle board, crabbing pier,walk to 4 restaurants, low DE taxes, OUTDOOR POOL, 1 MILE TO BEACH, elevator could possibly be added from ground level to first level at buyers expenseFurnishings are negotiable and sold separately. Saturday to Saturday summer rental Long and Foster Bethany Beach office

Last Agent to Sell the Property

Ms. Katherine A Panco

(443) 235-6222 kathy@kathypanco.com Berkshire Hathaway HomeServices PenFed Realty License #66133 Listed on: 03/02/2017

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Nancy Britt

(443) 783-1616 nancy@thebrittsteam.com Keller Williams Realty Delmarva License #612934

Keller Williams Realty Delmarva

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,913

Year Built

  • Built in 2006

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Concrete Perimeter Foundation
  • Stick Built Home
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 2,732 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Living
  • Bay Views

Kitchen

  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • 7 Car Attached Garage
  • 7 Open Parking Spaces
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Water Access
  • Bulkhead
  • Lake Privileges
  • Balcony
  • Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Landscaped
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 533-20.00-36.01-16

Community Details

Overview

  • No Home Owners Association
  • Mallard Cove On The Bay Subdivision

Amenities

  • Community Storage Space

Recreation

  • Pier or Dock
  • Community Pool

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,913

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Remarks Public: Breathtaking Bayfront sunrises/sunsets, face south, overlook OC skyline 2 oversized balconies, SPECTACULAR south end 24 Ft wide 4 BR, 4 BATH townhome, 2 Master Bayfront suites, 4 BR, gourmet kitchen, granite counters, stainless appliances, diagonal tile kitchen, HARDWOOD FLOORS,2 garages, + covered parking, +extra parking , private stairway entrance, lower patio for grilling, kayak, paddle board, crabbing pier,walk to 4 restaurants, low DE taxes, OUTDOOR POOL, 1 MILE TO BEACH, elevator could possibly be added from ground level to first level at buyers expenseFurnishings are negotiable and sold separately. Saturday to Saturday summer rental Long and Foster Bethany Beach office
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Kitchen - Island, Combination Kitchen/Living, Pantry, Ceiling Fan(s), Whirlpool/Hottub, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 3
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2732
  • Living Area Sq Ft: 2732
  • Net Sq Ft: 2732.00
  • Price Per Sq Ft: 219.25
  • Above Grade Finished Sq Ft: 2732
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37298

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Stick Built, Composition
  • Construction Completed: Yes
  • Pool Features: In Ground
  • Roof: Shingle, Asphalt, Metal
  • View: Bay
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Open Parking Spaces Count: 7
  • Parking Features: Paved Driveway
  • Garage Features: Covered Parking, Garage Door Opener
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Fire Detection System, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 268.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 8748.00
  • HOA Condo Co-Op Amenities: Extra Storage, Pier/Dock, Pool - Outdoor, Swimming Pool, Water/Lake Privileges
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Features: Bulkheaded, Landscaping
  • Lot Size Units: Acres
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s)
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5240019
  • Assessor Parcel Number: 533-20.00-36.01-16
  • County Tax Payment Frequency: Annually
  • Close Date: 09/19/2017

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2022
Sold by
Sparco Michael J
Bought by
Revocable Trust
Current Estimated Value
$940,268

Purchase Details

Listed on
Mar 2, 2017
Closed on
Sep 19, 2017
Sold by
Glasgow Barbara B and Glasgow Jennifer M
Bought by
Sparco Cheryl A and Sparco Michael J
Seller's Agent
Ms. Katherine A Panco
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Nancy Britt
Keller Williams Realty Delmarva
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$390,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Revocable Trust -- Wolfe & Associates Llc
Sparco Cheryl A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sparco Cheryl A $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2017 09/19/17 Sold $550,000 -8.2% $201 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $599,000 -- $219 / 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 $1,913 $44,750 $0 $44,750
2024 $1,881 $44,750 $0 $44,750
2023 $1,879 $44,750 $0 $44,750
2022 $1,849 $44,750 $0 $44,750
2021 $1,794 $44,750 $0 $44,750
2020 $1,715 $44,750 $0 $44,750
2019 $1,707 $44,750 $0 $44,750
2018 $1,724 $45,250 $0 $0
2017 $1,738 $45,250 $0 $0
2016 $1,533 $45,250 $0 $0
2015 $1,580 $45,250 $0 $0
2014 $1,556 $45,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Ms. Katherine A Panco

    BHHS PenFed (actual)

    (443) 235-6222

    5 in this area

    22 Total Sales

    Ms. Katherine A Panco
    Section Image
  • Nancy Britt

    Buyer's Agent in 2017

    Nancy Britt

    Keller Williams Realty Delmarva

    (443) 783-1616

    2 Total Sales

    Nancy Britt
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001398768

Bright MLS

APN: 533-20.00-36.01-16

Delaware Sussex County Selbyville 19975

37298 Lighthouse Rd Unit 16, Selbyville, DE

This home is located at 37298 Lighthouse Rd Unit 16, Selbyville, DE 19975 since 02 March 2017 and is currently estimated at $940,268, approximately $344 per square foot. This property was built in 2006. 37298 Lighthouse Rd Unit 16 is a home located in Sussex County with nearby schools including Phillip C. Showell Elementary School, Selbyville Middle School, and Indian River High School.

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