$275,000
SOLD JAN 15, 2021

37426 Pettinaro Dr Unit 4304 Ocean View, DE 19970

2 Beds
2 Baths
1,160 Sq Ft
$397/mo HOA Fee

Recently Sold

$237 Per Sq Ft

8 Days on Market

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Fitness Center
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Bay View

About This Home

As of March 2024

Start making your beach memories now! Turn-key two bedroom, two bath furnished unit with beautiful direct views of the Indian River bay. Great second home or investment as a rental. This unit has an updated kitchen to include black granite appliances, tile backsplash, granite countertops, and ceramic tile flooring. Luxury Vinyl Plank flooring was installed in February 2020 in the main living area. Many other upgrades include a gas fireplace, new HVAC in 2016, Energy efficient windows in 2017, and a Dry Space roof covering allowing your front porch to remain dry when it is raining. A garage is included directly across from condo and has plenty of room for jet skis, kayaks, bikes and golf carts. Bethany Bay is a great community that is minutes away from Bethany Beach and includes a swimming pool, tennis and basketball courts, boat and kayak launch, clubhouse, fitness center, and a nine hole golf course. Everything is included except personal items and anything marked DNC. For that investor that wants to take advantage of these low interest rates, seller is also open to a leaseback until next spring. Come see this beautiful condo today!

Last Agent to Sell the Property

Michael McDowell

Coldwell Banker Realty License #RS-0025090 Listed on: 11/23/2020

Last Buyer's Agent

Shelby Smith

Long & Foster Real Estate, Inc. License #RS-0024052

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $654

Year Built

  • Built in 2003

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Property is in very good condition

HOA Fees

Parking

  • 1 Car Detached Garage
  • Side Facing Garage
  • Parking Lot
  • Off-Street Parking

Property Views

  • Bay
  • Panoramic
  • Golf Course

Home Design

  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,160 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Electric Fireplace
  • Sliding Windows
  • Sliding Doors
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Property near a bay
  • Lake Privileges
  • Screened Patio
  • Porch

Location

  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Southern Delaware School Of The Arts Middle School
  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 134-08.00-42.00-43-4

Community Details

Overview

  • Association fees include common area maintenance, insurance, lawn maintenance, management, pier/dock maintenance, snow removal, trash, water
  • Low-Rise Condominium
  • Bethany Bay Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Pier or Dock
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Pool or Spa Combo
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$654

Year Built

Built in 2003

Lot Details

0

HOA Fees

$397 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: Furnishings that are marked with a yellow tag labeled DNC
  • Inclusions: Furnishings that are present at the time of showing except anything marked with a yellow tag labeled DNC
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Flooring Type: Ceramic Tile, Vinyl
  • Window Features: Sliding
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1160
  • Living Area Sq Ft: 1160
  • Price Per Sq Ft: 237.07
  • Above Grade Finished Sq Ft: 1160
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37426

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame, Aluminum Siding
  • Roof: Shingle
  • Spa: No
  • View: Bay, Panoramic, Golf Course, Water
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 296.51
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 298.37
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Boat Ramp, Club House, Fitness Center, Golf Course Membership Available, Jog/Walk Path, Pier/Dock, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Pool/Spa Combo

Fee Information

  • Capital Contribution Fee: 0.50

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SOUTHERN DELAWARE SCHOOL OF THE ARTS
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SOUTHERN DELAWARE SCHOOL OF THE ARTS

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Screened, Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 577.00
  • Tax Annual Amount: 654.00
  • Assessor Parcel Number: 134-08.00-42.00-43-4
  • Tax Total Finished Sq Ft: 1160
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/15/2021

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 28, 2024
Sold by
Moeller Helen Morgan and Moeller William F
Bought by
Kern Christina and Kern Katrina
Seller's Agent
Shelby Smith
Long & Foster Real Estate, Inc.
Buyer's Agent
MATTHEW WRIGHT
Crown Homes Real Estate
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Views
329
Current Estimated Value
$389,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$931
Avg. Annual Appreciation
0.03%
Original Mortgage
$312,000
Outstanding Balance
$308,794
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$81,360

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jan 15, 2021
Sold by
Zeminsky Robert E
Bought by
Morgan-Moeller Helen and Moeller William F
Seller's Agent
Michael McDowell
Coldwell Banker Realty
Buyer's Agent
Shelby Smith
Long & Foster Real Estate, Inc.
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$247,500
Interest Rate
2.67%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 $390,000 None Listed On Document
Deed $275,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $312,000 New Conventional
Previous Owner $247,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $121,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $390,000 -2.3% $336 / Sq Ft
02/02/2024 02/02/24 For Sale $399,000 +45.1% $344 / Sq Ft
01/15/2021 01/15/21 Sold $275,000 0.0% $237 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $275,000 +29.2% $237 / Sq Ft
05/13/2016 05/13/16 Sold $212,900 -9.7% $184 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
09/03/2015 09/03/15 For Sale $235,900 -- $203 / 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 $760 $17,050 $0 $17,050
2023 $737 $17,050 $0 $17,050
2022 $725 $17,050 $0 $17,050
2021 $705 $17,050 $0 $17,050
2020 $690 $17,050 $0 $17,050
2019 $687 $17,050 $0 $17,050
2018 $693 $17,400 $0 $0
2017 $663 $17,400 $0 $0
2016 $627 $17,400 $0 $0
2015 $633 $17,400 $0 $0
2014 $624 $17,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU173662

Bright MLS

APN: 134-08.00-42.00-43-4