$525,000
SOLD SEP 25, 2020

37304 Lighthouse Rd Unit 6 Selbyville, DE 19975

4 Beds
4 Baths
2,430 Sq Ft
$675/mo HOA Fee

Recently Sold

$216 Per Sq Ft

4% Below List Price

352 Days on Market

Highlights

  • Water Oriented
  • Waterfront
  • Furnished
  • Phillip C. Showell Elementary School Rated A-
  • Coastal Architecture
  • Community Pool

About This Home

As of September 2020

LUXURY WATERFRONT ISLAND LIVING in prestigious Mallard Cove! Former model unit has all the bells and whistles. Beautifully decorated in a gorgeous coastal style with high end finishes such as granite counter-tops, built in shelving, stainless steel appliances, hardwood flooring, professional paint finishes and so much more. The town-home includes two waterfront master bedrooms, large walk-in closets, a private elevator, custom tech nook/office space, and two car garage plus a covered car port. The community features an outdoor pool, a crabbing pier, and boat slips. Spectacular views of the bay and sunsets throughout the home. Priced to sell and won't last.

Last Agent to Sell the Property

Ann Holtz

Coldwell Banker Realty License #RS-0020973 Listed on: 08/19/2019

Coldwell Banker Realty

Last Buyer's Agent

Karen Martin

HOWARD MARTIN REALTY License #RB-0020206

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,711

Year Built

  • Built in 2006

Lot Details

  • Waterfront
  • North Facing Home

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Frame Construction

Interior Spaces

  • 2,430 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Partial Basement
  • Dryer

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Home Security

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Exterior Lighting
  • Porch

Schools

  • Phillip C. Showell Elementary School
  • Selbyville Middle School
  • Sussex Central High School

Utilities

  • Central Air
  • Heat Pump System
  • Public Septic

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 533-20.00-36.01-6

Community Details

Overview

  • 1 Elevator
  • Mallard Cove Condos
  • Mallard Cove On The Bay Subdivision
  • Property Manager

Recreation

  • Community Pool

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,711

Year Built

Built in 2006

Lot Details

0

HOA Fees

$675 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: LUXURY WATERFRONT ISLAND LIVING in prestigious Mallard Cove! Former model unit has all the bells and whistles. Beautifully decorated in a gorgeous coastal style with high end finishes such as granite counter-tops, built in shelving, stainless steel appliances, hardwood flooring, professional paint finishes and so much more. The town-home includes two waterfront master bedrooms, large walk-in closets, a private elevator, custom tech nook/office space, and two car garage plus a covered car port. The community features an outdoor pool, a crabbing pier, and boat slips. Spectacular views of the bay and sunsets throughout the home. Priced to sell and won't last.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Range Hood, Microwave, Stainless Steel Appliances, Dishwasher, Disposal, Dryer
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Storm, Sliding Glass
  • Elevators Count: 1
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Foyer, Bedroom 1, Bathroom 1, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2430
  • Living Area Sq Ft: 2430
  • Price Per Sq Ft: 220.16
  • Above Grade Finished Sq Ft: 2430
  • 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
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

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

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 Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 675.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Mallard Cove
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA: No
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: PHILLIP C. SHOWELL
  • Middle School: SELBYVILLE
  • High School: SUSSEX CENTRAL
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: PHILLIP C. SHOWELL
  • High School: SUSSEX CENTRAL
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 45700.00
  • Land Assessed Value: 450.00
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2019
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 7379406
  • School Tax: 1508.00
  • Tax Annual Amount: 1711.00
  • Assessor Parcel Number: 533-20.00-36.01-6
  • Tax Total Finished Sq Ft: 1050
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 09/25/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Sep 17, 2020
Sold by
Bracken David C and Bracken Susan L
Bought by
Olson Elise F
Seller's Agent
Ann Holtz
Coldwell Banker Realty
Buyer's Agent
Karen Martin
HOWARD MARTIN REALTY
List Price
$544,900
Sold Price
$525,000
Premium/Discount to List
-$19,900
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%
Original Mortgage
$300,000
Outstanding Balance
$268,637
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$622,802
Source: Public Records

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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 Type Sale Price Title Company
Deed $525,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $390,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Price Changed $925,000 -1.6% $381 / Sq Ft
04/22/2025 04/22/25 Price Changed $940,000 -1.1% $387 / Sq Ft
02/01/2025 02/01/25 For Sale $950,000 +81.0% $391 / Sq Ft
09/25/2020 09/25/20 Sold $525,000 -1.9% $216 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
03/03/2020 03/03/20 Price Changed $535,000 -1.8% $220 / Sq Ft
08/19/2019 08/19/19 For Sale $544,900 -- $224 / 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
2024 $1,919 $45,700 $0 $45,700
2023 $1,917 $45,700 $0 $45,700
2022 $1,886 $45,700 $0 $45,700
2021 $1,830 $45,700 $0 $45,700
2020 $1,749 $45,700 $0 $45,700
2019 $1,741 $45,700 $0 $45,700
2018 $1,758 $46,150 $0 $0
2017 $1,772 $46,150 $0 $0
2016 $1,563 $46,150 $0 $0
2015 $1,611 $46,150 $0 $0
2014 $1,587 $46,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU146272

Bright MLS

APN: 533-20.00-36.01-6