NOT LISTED FOR SALE

37304 Lighthouse Rd Unit 2 Selbyville, DE 19975

Estimated Value: $720,065 - $941,000

4 Beds
4 Baths
2,507 Sq Ft
$675/mo HOA Fee

Last Sold September 04, 2020

Last sale price $542,500 $216 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,315/month

Highlights

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

About This Home

As of September 2020

Motivated seller! Bring all offers!! The best of all worlds...enjoy gorgeous water and wildlife views and spectacular sunsets from this luxurious bayfront end-unit condo with a community boat dock and close to the beach! This is truly a must see with your own private elevator, great balconies to savor the amazing views and catch the fireworks over Ocean City, tasteful furnishings, new carpet and recently painted - ready for you to move in! Perfect for entertaining, this beautiful home offers an inviting open floor plan, lovely kitchen with granite and stainless appliances, island and breakfast bar, dining area, spacious living area with wetbar and wall of sliders to accentuate the incredible natural beauty of the Assawoman Bay and tidal wetlands. There are 4 bedrooms and 4 baths, including two second floor bayfront masters with walk-in closets, en-suite baths, and a balcony for more magnificent views. Plus a garage to store your water toys, kayaks and SUP. Grill on the rear patio or enjoy the community pool and boat dock. Bring your boat and explore the bay and Ocean City waterfront. Great location less than 2 miles to Fenwick Island beaches. The perfect beach house or an excellent investment property with strong rental history. Don't miss this fabulous home!

Last Agent to Sell the Property

VICKIE BINSTED

(302) 542-6253 vickieb@bethanysbest.com BETHANY AREA REALTY LLC Listed on: 03/20/2020

Last Buyer's Agent

Danny Taglienti

(410) 430-2721 dantaglienti@gmail.com Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,719

Year Built

  • Built in 2006

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • No Units Above
  • 1 Common Wall
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Oversized Parking
  • Front Facing Garage
  • Parking Lot

Home Design

  • Coastal Architecture
  • Entry on the 3rd floor
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,507 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Bar
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room
  • Bay Views
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Private Dock Site
  • Powered Boats Permitted
  • Lake Privileges
  • Multiple Balconies
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 533-20.00-36.01-2

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, pier/dock maintenance, pool(s), insurance
  • Low-Rise Condominium
  • Mallard Cove On The Bay Subdivision

Recreation

  • Pier or Dock
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,719

Year Built

Built in 2006

Lot Details

0

HOA Fees

$675 per month

Parking

1

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
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-03-27
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Motivated seller! Bring all offers!! The best of all worlds...enjoy gorgeous water and wildlife views and spectacular sunsets from this luxurious bayfront end-unit condo with a community boat dock and close to the beach! This is truly a must see with your own private elevator, great balconies to savor the amazing views and catch the fireworks over Ocean City, tasteful furnishings, new carpet and recently painted - ready for you to move in! Perfect for entertaining, this beautiful home offers an inviting open floor plan, lovely kitchen with granite and stainless appliances, island and breakfast bar, dining area, spacious living area with wetbar and wall of sliders to accentuate the incredible natural beauty of the Assawoman Bay and tidal wetlands. There are 4 bedrooms and 4 baths, including two second floor bayfront masters with walk-in closets, en-suite baths, and a balcony for more magnificent views. Plus a garage to store your water toys, kayaks and SUP. Grill on the rear patio or enjoy the community pool and boat dock. Bring your boat and explore the bay and Ocean City waterfront. Great location less than 2 miles to Fenwick Island beaches. The perfect beach house or an excellent investment property with strong rental history. Don't miss this fabulous home!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Attic, Bar, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Elevator, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Primary Bedroom - Bay Front, Recessed Lighting, Sprinkler System, Stall Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Soaking Tub
  • Common Walls: No One Above, 1 Common Wall
  • Elevators Count: 1
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2507
  • Living Area Sq Ft: 2507
  • Price Per Sq Ft: 223.37
  • Above Grade Finished Sq Ft: 2507
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37304

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Stick Built, Vinyl Siding
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access Features: Canoe/Kayak, Boat - Powered, Private Access
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Parking
  • Garage Features: Garage - Front Entry, Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2026.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pier/Dock, Pool - Outdoor, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Pier/Dock Maintenance, Pool(s), Insurance
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 45250.00
  • Land Assessed Value: 450.00
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple, Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Total Actual Rent: 33000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5240020
  • School Tax: 1516.00
  • Tax Annual Amount: 1719.00
  • Assessor Parcel Number: 533-20.00-36.01-2
  • Tax Total Finished Sq Ft: 1008
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/04/2020

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Sep 4, 2020
Sold by
Nolting Gary
Bought by
Hatmaker Shane and Hatmaker Michelle A
Seller's Agent
VICKIE BINSTED
BETHANY AREA REALTY LLC
Buyer's Agent
Danny Taglienti
Keller Williams Realty
List Price
$575,000
Sold Price
$542,500
Premium/Discount to List
-$32,500
-5.65%
Current Estimated Value
$857,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,516
Avg. Annual Appreciation
9.32%
Original Mortgage
$434,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2018
Sold by
Cole David L and Cole Joyce A
Bought by
Nolting Gary M

Purchase Details

Closed on
Oct 24, 2014
Sold by
Philip J Philip J
Bought by
Cole David L and Cole Joyce A

Purchase Details

Closed on
Feb 16, 2012
Sold by
Fischbach Philip J and Fischbach Robert
Bought by
Fewster Philip J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hatmaker Shane $542,500 None Available
Nolting Gary M $555,000 --
Cole David L -- --
Fewster Philip J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hatmaker Shane $434,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $542,500 -3.1% $216 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/01/2020 07/01/20 Price Changed $560,000 -2.6% $223 / Sq Ft
03/20/2020 03/20/20 For Sale $575,000 0.0% $229 / Sq Ft
03/09/2020 03/09/20 Price Changed $575,000 -- $229 / 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 $1,742 $45,250 $0 $45,250
2024 $1,900 $45,250 $0 $45,250
2023 $1,898 $45,250 $0 $45,250
2022 $1,867 $45,250 $0 $45,250
2021 $1,812 $45,250 $0 $45,250
2020 $1,732 $45,250 $0 $45,250
2019 $1,724 $45,250 $0 $45,250
2018 $1,741 $45,700 $0 $0
2017 $1,755 $45,700 $0 $0
2016 $1,548 $45,700 $0 $0
2015 $1,595 $45,700 $0 $0
2014 $1,572 $45,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • VICKIE BINSTED

    Seller's Agent in 2020

    VICKIE BINSTED

    BETHANY AREA REALTY LLC

    (302) 542-6253

    4 in this area

    38 Total Sales

    VICKIE BINSTED
    Section Image
  • Danny Taglienti

    Buyer's Agent in 2020

    Danny Taglienti

    Keller Williams Realty

    (410) 430-2721

    72 in this area

    186 Total Sales

    Danny Taglienti
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU157546

Bright MLS

APN: 533-20.00-36.01-2

Delaware Sussex County Selbyville 19975

37304 Lighthouse Rd Unit 2, Selbyville, DE

This home is located at 37304 Lighthouse Rd Unit 2, Selbyville, DE 19975 since 20 March 2020 and is currently estimated at $857,016, approximately $341 per square foot. This property was built in 2006. 37304 Lighthouse Rd Unit 2 is a home located in Sussex County with nearby schools including Phillip C. Showell Elementary School, Selbyville Middle School, and Indian River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes