NOT LISTED FOR SALE

37304 Lighthouse Rd Unit 8 Selbyville, DE 19975

Estimated Value: $875,000 - $1,024,000

4 Beds
4 Baths
3,000 Sq Ft
$311/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $800,000 $267 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,765/month

Highlights

  • 1.34 Acre Lot
  • Coastal Architecture
  • Community Pool
  • Phillip C. Showell Elementary School Rated A-
  • Furnished
  • 1 Car Attached Garage

About This Home

As of August 2022

Your private invitation to live the good life....Sublime Southern Bayfront Views truly a carefree living in a expansive 4BR/4BA townhome. Offering a spacious living areas offering a private elevator, 3 large balconies over looking the gorgeous natural water front habitat. Three of the primary bedrooms have a joining baths, making for supreme privacy. Come enjoy Community Pool and Pier. Drop your SUP' or Kayaks and begin to explore Assawoman Bay. Or maybe decide to scoot to the beach as it's less than 2 miles to Fenwick/Ocean City. Local favorite restaurants, just steps away from your front door. Currently this townhome has a strong rental income stream for the summer of 2022.

Last Agent to Sell the Property

Beth Evans

(302) 249-5200 beth@beachbaygolf.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0014021 Listed on: 04/14/2022

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Kimberly Lucido-McCabe

(443) 497-0438 yourislandrealtor@comcast.net Keller Williams Realty Delmarva

Keller Williams Realty Delmarva

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,801

Year Built

  • Built in 2006

Lot Details

  • 1.34

HOA Fees

  • $732 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space
  • Front Facing Garage
  • Garage Door Opener
  • Parking Lot

Home Design

  • Coastal Architecture
  • Entry on the 3rd floor
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Furnished

Bedrooms and Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 533-20.00-36.01-8

Community Details

Overview

  • $1,458 Capital Contribution Fee
  • 1 Elevator
  • Mallard Cove On The Bay Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,801

Year Built

Built in 2006

Lot Details

0

HOA Fees

$732 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-04-15
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Your private invitation to live the good life....Sublime Southern Bayfront Views truly a carefree living in a expansive 4BR/4BA townhome. Offering a spacious living areas offering a private elevator, 3 large balconies over looking the gorgeous natural water front habitat. Three of the primary bedrooms have a joining baths, making for supreme privacy. Come enjoy Community Pool and Pier. Drop your SUP' or Kayaks and begin to explore Assawoman Bay. Or maybe decide to scoot to the beach as it's less than 2 miles to Fenwick/Ocean City. Local favorite restaurants, just steps away from your front door. Currently this townhome has a strong rental income stream for the summer of 2022.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Elevators Count: 1
  • Foundation Details: Pillar/Post/Pier
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 271.67
  • Above Grade Finished Sq Ft: 3000
  • 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, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Carport Spaces: 1
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Carport Spaces: 1
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Attached Carport, Parking Lot

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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2196.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1458.00

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: 45700.00
  • Land Assessed Value: 450.00
  • Land Use Code: RC
  • Lot Size Acres: 1.34
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 58370.00
  • Year Assessed: 2021
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5240026
  • School Tax: 1598.00
  • Tax Annual Amount: 1801.00
  • Assessor Parcel Number: 533-20.00-36.01-8
  • Tax Total Finished Sq Ft: 1050
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 08/30/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Aug 29, 2022
Sold by
Crazy Duck Ii Llc
Bought by
Gramery Llc
Seller's Agent
Beth Evans
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Kimberly Lucido-McCabe
Keller Williams Realty Delmarva
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Current Estimated Value
$934,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,084
Avg. Annual Appreciation
5.03%
Original Mortgage
$600,000
Outstanding Balance
$568,581
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$365,503

Purchase Details

Closed on
Dec 13, 2013
Sold by
Christopher Jeffrey S
Bought by
The Crazy Duck Ii Llc
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
Gramery Llc $800,000 Ridgway Law Group Llc
The Crazy Duck Ii Llc $300,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gramery Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Sold $800,000 -1.8% $267 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/04/2022 06/04/22 Price Changed $815,000 -4.1% $272 / Sq Ft
04/14/2022 04/14/22 For Sale $850,000 -- $283 / 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 $1,602 $45,700 $0 $45,700
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: DESU2019768

Bright MLS

APN: 533-20.00-36.01-8