NOT LISTED FOR SALE

37304 Lighthouse Rd Unit 5 Selbyville, DE 19975

Estimated Value: $532,523 - $906,000

3 Beds
2.5 Baths
2,125 Sq Ft
3,093 Sq Ft Lot

Last Sold August 30, 2013

Last sale price $375,000 $176 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,076/month

Highlights

  • In Ground Pool
  • Bay View
  • Waterfront
  • Phillip C. Showell Elementary School Rated A-
  • Gated Community
  • Contemporary Architecture

About This Home

As of August 2013

Enjoy your morning coffee from the balcony which overlooks the Bay. Gourmet style kitchen with granite & stainless appliances. Tile and Hardwood Floors. Formal dining room with crown molding & chair railing. Owners suite with walk in closet. All just minutes to the beaches in Fenwick Island.

Last Agent to Sell the Property

Bill Cullin

(302) 841-7147 bill.cullin@longandfoster.com Long & Foster Real Estate, Inc. License #RS0018675 Listed on: 03/20/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

RUSSELL DAY

russ@russday.com BAY COAST REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,639

Year Built

  • Built in 2006

Lot Details

  • Waterfront

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home
  • Dryvit Stucco

Interior Spaces

  • 2,125 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Living Room
  • Dining Room
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Compactor
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Water Access
  • Property near a bay
  • Bulkhead
  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 533-20.00-36.01-5

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Mallard Cove On The Bay Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,639

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 2006
  • Remarks Public: Enjoy your morning coffee from the balcony which overlooks the Bay. Gourmet style kitchen with granite & stainless appliances. Tile and Hardwood Floors. Formal dining room with crown molding & chair railing. Owners suite with walk in closet. All just minutes to the beaches in Fenwick Island.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Compactor, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Electric, Oven - Self Cleaning, Range Hood, Refrigerator, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Hardwood, Laminated, Tile/Brick
  • Interior Amenities: Breakfast Area, Kitchen - Island, Entry Level Bedroom, Ceiling Fan(s), Skylight(s), Whirlpool/Hottub, Wet/Dry Bar, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2125
  • Living Area Sq Ft: 2125
  • Net Sq Ft: 2125.00
  • Price Per Sq Ft: 185.84
  • Above Grade Finished Sq Ft: 2125
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37304

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Dryvit, Vinyl Siding
  • Construction Completed: Yes
  • Pool Features: In Ground
  • Roof: Shingle, Asphalt
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway, Under Home Parking
  • Type Of Parking: Off Street, Driveway

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Amenities: Gated Community, Swimming Pool
  • HOA: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Lot Features: Bulkheaded
  • Outdoor Living Structures: Balcony, Patio(s)

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5240023
  • Assessor Parcel Number: 533-20.00-36.01-5
  • County Tax Payment Frequency: Annually
  • Close Date: 08/30/2013

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2013
Closed on
Sep 5, 2013
Sold by
Kagay Ryan F
Bought by
Brennan Lois M
Seller's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
Buyer's Agent
RUSSELL DAY
BAY COAST REALTY
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Current Estimated Value
$751,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,131
Avg. Annual Appreciation
5.87%
Original Mortgage
$150,000
Outstanding Balance
$112,068
Interest Rate
4.43%
Estimated Equity
$639,063

Purchase Details

Listed on
Mar 20, 2013
Closed on
Aug 30, 2013
Sold by
Kagay Ryan F
Bought by
Brennan Lois M
Seller's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
Buyer's Agent
RUSSELL DAY
BAY COAST REALTY
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$112,068
Interest Rate
4.43%
Estimated Equity
$639,063
Source: Public Records

Range of Values:

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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
Brennan Lois M $375,000 --
Brennan Lois M $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brennan Lois M $150,000
Closed Brennan Lois M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $375,000 -6.2% $176 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $399,900 -- $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 $1,639 $40,950 $0 $40,950
2024 $1,730 $40,950 $0 $40,950
2023 $1,728 $40,950 $0 $40,950
2022 $1,689 $40,950 $0 $40,950
2021 $1,638 $40,950 $0 $40,950
2020 $1,566 $40,950 $0 $40,950
2019 $1,583 $40,950 $0 $40,950
2018 $1,574 $41,300 $0 $0
2017 $1,587 $41,300 $0 $0
2016 $1,400 $41,300 $0 $0
2015 $1,455 $41,300 $0 $0
2014 $1,433 $41,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000972522

Bright MLS

APN: 533-20.00-36.01-5