NOT LISTED FOR SALE

37304 Lighthouse Rd Unit 3 Selbyville, DE 19975

Estimated Value: $460,480 - $808,000

3 Beds
2.5 Baths
2,100 Sq Ft
$329/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $630,000 $300 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,370/month

19 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Primary bedroom faces the bay
  • Access to Tidal Water
  • Phillip C. Showell Elementary School Rated A-
  • Pier or Dock
  • Bay View

About This Home

As of November 2023

Quality that suits your style of living is right here in Mallard Cove! A captivating bayfront coastal Condo with the most picturesque Bay views is now ready and waiting for you! Make your appointment today to come & view this incredible waterfront property in Selbyville, DE but just minutes from the beaches in North OC and Fenwick! This unit comes completely furnished/turn key with beautifully appointed coastal style pieces, and now updated to the nines!! Entertain here with a wonderful living area/Dining & wet bar with great space both inside and out for your family and guests! . Enjoy the oversized kitchen with granite counters, center island and Stainless appliance pkg. Upscale luxury vinyl plank flooring with ceramic tile make this ideal for the ease of beach living! Great wet bar, several eating areas, bedrooms all with great space, loads of closets for storage, abundant natural light throughout and the absolute best Sunset views! There are 2 owners closets in unit and there is an outside storage unit too. Don't miss out on ownership here at the beach... use this as an income producing rental and be sure to keep some time for yourself!! Completely turnkey --and ready for you!

Enjoy the pool, the views and the super easy access up to the beach areas!! Lots of nearby restaurants nearby too!! This is the one for certain!

Last Agent to Sell the Property

Sandy Dougan

(410) 726-6557 sdouganrealtor@yahoo.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS0024742 Listed on: 10/20/2023

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Bill Cullin

(302) 841-7147 bill.cullin@longandfoster.com Long & Foster Real Estate, Inc. License #RS0018675

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,719

Year Built

  • Built in 2006

Lot Details

  • 100 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Cleared Lot
  • Non-Tidal Wetland
  • Property is in excellent condition

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Front Facing Garage
  • Parking Lot

Home Design

  • Coastal Architecture
  • Foundation Flood Vent
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Bar
  • Wainscoting
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Partially Carpeted
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Walk-In Closet

Outdoor Features

  • Access to Tidal Water
  • Water Oriented
  • Property near a bay
  • Lake Privileges

Utilities

  • Central Air
  • Heat Pump System
  • 60 Gallon+ Water Heater
  • Municipal Trash

Additional Features

  • Energy-Efficient Appliances
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 533-20.00-36.01-3

Community Details

Overview

  • Association fees include common area maintenance, management, pier/dock maintenance, pool(s), reserve funds, snow removal, trash
  • Mallard Cove On The Bay Subdivision

Amenities

  • Common Area

Recreation

  • Pier or Dock
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,719

Year Built

Built in 2006

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-10-20
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Energy Efficient Appliances, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Water Heater
  • Flooring Type: Ceramic Tile, Luxury Vinyl Plank, Partially Carpeted
  • Interior Amenities: Breakfast Area, Bar, Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Combination Dining/Living, Dining Area, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Primary Bedroom - Bay Front, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Wet/Dry Bar, Window Treatments
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Block, Flood Vent, Concrete Perimeter
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Price Per Sq Ft: 314.24
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37304

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: Block, Vinyl Siding, Stick Built, Frame
  • Roof: Architectural Shingle
  • Spa: No
  • View: Bay
  • Water Access: No
  • Water Body Name: Assawoman Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Parking Lot
  • Parking Lot Number Of Spaces: 2

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: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1800.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Common Grounds, Pier/Dock, Pool - Outdoor, Swimming Pool, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Features: Cleared, Non-Tidal Wetland, Open
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: C-1
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 1531.00
  • Tax Annual Amount: 1719.00
  • Assessor Parcel Number: 533-20.00-36.01-3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/22/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Nov 18, 2023
Sold by
Acree Jason and Acree Kristi
Bought by
Salas Mark S and Salas Ingrid S
Seller's Agent
Sandy Dougan
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
List Price
$659,900
Sold Price
$630,000
Premium/Discount to List
-$29,900
-4.53%
Views
49
Current Estimated Value
$691,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,870
Avg. Annual Appreciation
4.97%

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 28, 2020
Sold by
Stoltz Edward J and Stoltz Marlene W
Bought by
Acree Jason and Acree Kristi
Seller's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
Buyer's Agent
Sandy Dougan
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$400,000
Sold Price
$410,500
Premium/Discount to List
$10,500
2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%
Original Mortgage
$369,450
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Salas Mark S $630,000 None Listed On Document
Acree Jason $410,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acree Jason $369,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2023 11/22/23 Sold $630,000 -4.5% $300 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $659,900 +60.8% $314 / Sq Ft
08/28/2020 08/28/20 Sold $410,500 +2.6% $193 / Sq Ft View Prior Sale
07/16/2020 07/16/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $400,000 -- $188 / 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 $1,708 $41,950 $0 $41,950
2024 $1,759 $41,950 $0 $41,950
2023 $1,758 $41,950 $0 $41,950
2022 $1,729 $41,950 $0 $41,950
2021 $1,678 $41,950 $0 $41,950
2020 $1,604 $41,950 $0 $41,950
2019 $1,597 $41,950 $0 $41,950
2018 $1,612 $42,300 $0 $0
2017 $1,625 $42,300 $0 $0
2016 $1,434 $42,300 $0 $0
2015 $1,478 $42,300 $0 $0
2014 $1,456 $42,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandy Dougan

    Seller's Agent in 2023

    Sandy Dougan

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (410) 726-6557

    2 in this area

    128 Total Sales

    Sandy Dougan
    Section Image
  • Bill Cullin

    Buyer's Agent in 2023

    Bill Cullin

    Long & Foster

    (302) 841-7147

    7 in this area

    182 Total Sales

    Bill Cullin
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2050090

Bright MLS

APN: 533-20.00-36.01-3

Delaware Sussex County Selbyville 19975

37304 Lighthouse Rd Unit 3, Selbyville, DE

This home is located at 37304 Lighthouse Rd Unit 3, Selbyville, DE 19975 since 20 October 2023 and is currently estimated at $691,870, approximately $329 per square foot. This property was built in 2006. 37304 Lighthouse Rd Unit 3 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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