$460,000
SOLD NOV 12, 2021

37426 Pettinaro Dr Unit 4306 Ocean View, DE 19970

4 Beds
4 Baths
1,160 Sq Ft
$616/mo HOA Fee

Recently Sold

$397 Per Sq Ft

8% Above List Price

99 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Boat Ramp
  • Access to Tidal Water
  • Lord Baltimore Elementary School Rated A-
  • Golf Course Community
  • Fitness Center

About This Home

As of November 2021

Some of the best views of Indian River Bay! Just a few minutes to Bethany Beach by car, this fully furnished 3rd floor, 2 story, 4BR, 4 full bath condo with direct bay front views offers a beautiful living/dining area with electric fireplace, eat-in kitchen for 6 plus 4 seated at the kitchen bar, 4 spacious bedrooms and 4 full bathrooms. The beds are BR1, king, BR 2 queen, BR3 king, BR4 king and a trundle with two twins. There are 4 TVs. From the private screened porch enjoy a drink and the serene water views of the Bay, plus a front deck with beautiful vistas of the community. Don't miss the garage. Contents mostly stay unless you don't want them. Rental income of $20,000-$30,000 per year depending on how you use it. Bethany Bay is a premier waterfront community with tennis, basket ball, a playground, boat ramp, free outdoor community pool and hot tub, and challenging par three 9-hole golf course. Kayakers, bikers, walkers, joggers will love the serenity of this community. Take long walks or bike at sunrise or sunset and enjoy the quiet, beautiful scenery. This is an exceptional community and it has so much to offer you will never want to leave!

Last Agent to Sell the Property

Jeremy Swerling

(443) 386-1351 jeremy@itrip.net Delaware Vacation Property Mgmt. Listed on: 06/21/2021

Last Buyer's Agent

Kim Hitchens

(302) 381-1071 kimhitchens@reinrb.com Dave McCarthy & Associates, Inc. License #RS-0014663

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $873

Year Built

  • Built in 2003

Lot Details

  • 50 Feet of Waterfront
  • Southwest Facing Home
  • Property is in very good condition

HOA Fees

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces
  • Front Facing Garage
  • Parking Lot

Property Views

  • Bay
  • Golf Course

Home Design

  • Coastal Architecture
  • Entry on the 3rd floor
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,160 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Outdoor Features

  • Access to Tidal Water
  • Water Oriented
  • Property near a bay
  • Lake Privileges
  • Balcony
  • Deck
  • Screened Patio
  • Playground
  • Play Equipment
  • Porch

Location

  • Flood Risk
  • Bayside

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • No Septic System

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-08.00-42.00-43-6

Community Details

Overview

  • Association fees include exterior building maintenance, common area maintenance, high speed internet, lawn maintenance, insurance, pier/dock maintenance, pool(s), snow removal, road maintenance, trash
  • Bethany Bay HOA
  • Marsh Way Assessments Condos
  • Bethany Bay Subdivision
  • Property Manager

Amenities

  • Picnic Area

Recreation

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

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$873

Year Built

Built in 2003

Lot Details

0

HOA Fees

$616 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Blue enamel serving dishes, surf board. Living room coffee tables. All wall art. Front porch furniture. Surf board in the living room.
  • Home Warranty: No
  • Inclusions: In the home, all furnishings except as noted below. In the garage the tekke bar and stools and the storage cabinet and new white refrigerator stay unless declined.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-06-21
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater, Washer
  • Entry Floor: 3
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Eat-In
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1160
  • Living Area Sq Ft: 1160
  • Price Per Sq Ft: 366.29
  • Above Grade Finished Sq Ft: 1160
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Tennis Court(s), Play Equipment, Play Area
  • Road Surface Type: Black Top
  • Spa: No
  • View: Bay, Golf Course, Water
  • Water Access: No
  • Water Body Name: Indian River
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Parking Lot, Detached Garage
  • Parking Lot Number Of Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: No Septic System
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, Fixed Wireless

Condo/Co-op/Association

  • HOA Fees: 427.10
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 474.33
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Marsh Way Assessments
  • HOA Condo Co-Op Amenities: Basketball Courts, Boat Ramp, Bike Trail, Exercise Room, Golf Course, Golf Course Membership Available, Hot Tub, Jog/Walk Path, Picnic Area, Pier/Dock, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Common Area Maintenance, High Speed Internet, Lawn Maintenance, Insurance, Pier/Dock Maintenance, Pool(s), Snow Removal, Road Maintenance, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: BETHANY BAY HOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 0.05

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 21650.00
  • Land Assessed Value: 500.00
  • Lot Size Acres: 401.74
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17499794.00
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es), Patio(s), Screened
  • Property Condition: Very Good
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 25000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5125577
  • School Tax: 775.00
  • Tax Annual Amount: 873.00
  • Assessor Parcel Number: 134-08.00-42.00-43-6
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: INDIAN RIVER

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
Aug 1, 2025
Sold by
Allard Mark D and Allard Melissa E
Bought by
Shayne-Sheldon Family Revocable Trust and Shayne
Seller's Agent
Shelby Smith
Long & Foster Real Estate, Inc.
Buyer's Agent
Karen Ryan
Long & Foster Real Estate, Inc.
List Price
$539,000
Sold Price
$515,000
Premium/Discount to List
-$24,000
-4.45%
Views
85
Current Estimated Value
$518,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,218
Avg. Annual Appreciation
1.80%
Original Mortgage
$460,000
Outstanding Balance
$459,609
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$58,609

Purchase Details

Closed on
Oct 9, 2015
Sold by
Marion Trezza Taylor Living Trust
Bought by
Spiezio Anthony M and Spiezio Elaine I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2014
Sold by
Marion Marion
Bought by
Trezza Taylor Marion
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $515,000 None Listed On Document
Deed $265,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,000 New Conventional
Previous Owner $212,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2025 08/01/25 Sold $515,000 0.0% $268 / Sq Ft View Prior Sale
06/10/2025 06/10/25 Price Changed $515,000 -1.9% $268 / Sq Ft
05/15/2025 05/15/25 Price Changed $525,000 -2.6% $274 / Sq Ft
04/04/2025 04/04/25 For Sale $539,000 +17.2% $281 / Sq Ft
11/12/2021 11/12/21 Sold $460,000 +8.3% $397 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/28/2021 09/28/21 Price Changed $424,900 0.0% $366 / Sq Ft
09/28/2021 09/28/21 For Sale $424,900 -7.6% $366 / Sq Ft
07/16/2021 07/16/21 Off Market $460,000 -- --
07/08/2021 07/08/21 Price Changed $399,900 -2.5% $345 / Sq Ft
06/21/2021 06/21/21 For Sale $410,000 +37.6% $353 / Sq Ft
12/16/2019 12/16/19 Sold $298,000 -3.5% $157 / Sq Ft View Prior Sale
11/05/2019 11/05/19 Pending -- -- --
10/30/2019 10/30/19 Price Changed $308,900 -1.9% $163 / Sq Ft
09/21/2019 09/21/19 For Sale $314,900 -- $166 / 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 $1,075 $21,650 $0 $21,650
2024 $933 $21,650 $0 $21,650
2023 $933 $21,650 $0 $21,650
2022 $918 $21,650 $0 $21,650
2021 $892 $21,650 $0 $21,650
2020 $856 $21,650 $0 $21,650
2019 $853 $21,650 $0 $21,650
2018 $861 $22,150 $0 $0
2017 $844 $22,150 $0 $0
2016 $775 $22,150 $0 $0
2015 $798 $22,150 $0 $0
2014 $786 $22,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2000548

Bright MLS

APN: 134-08.00-42.00-43-6