NOT LISTED FOR SALE

37434 Pettinaro Dr Unit 4705 Ocean View, DE 19970

Estimated Value: $398,496 - $519,000

4 Beds
4 Baths
1,500 Sq Ft
$622/mo HOA Fee

Last Sold August 12, 2021

Last sale price $415,000 $277 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,281/month

7 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Water Oriented
  • Lord Baltimore Elementary School Rated A-
  • Penthouse
  • Bay View

About This Home

As of August 2021

Enjoy incredible bay views from this beautiful 2 story condo located just 5 miles to the beach. This coastal retreat features 3 bedrooms with en-suite bathrooms plus a guest bedroom with a full bathroom in the hallway, an eat-in kitchen with tile flooring, and a spacious living room with beautiful wood-look laminate flooring, gas fireplace and 2 story ceiling. Most of these homes have a spiral staircase, but this home has a traditional staircase leading to the 2nd floor. Offered fully furnished this home is ready to be enjoyed! Store all of your bikes and beach supplies with ease in the detached garage that conveys with the sale. Conveniently located for a peaceful summer getaway and just a short drive to Bethany Beach and all of the area attractions! The community offers a variety of amenities including clubhouse, fitness room, swimming pool, golf course, basketball courts, boat ramp, swimming pool, tennis and more!

Last Listed By

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 06/29/2021

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $846

Year Built

  • Built in 2003

HOA Fees

Parking

  • 1 Off-Street Space
  • Front Facing Garage

Home Design

  • Penthouse
  • Coastal Architecture
  • Frame Construction
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

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

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-08.00-42.00-47-5

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, pier/dock maintenance, pool(s), snow removal, trash, water
  • Low-Rise Condominium
  • Bethany Bay Subdivision
  • Property Manager

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
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$846

Year Built

Built in 2003

Lot Details

0

HOA Fees

$622 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Enjoy incredible bay views from this beautiful 2 story condo located just 5 miles to the beach. This coastal retreat features 3 bedrooms with en-suite bathrooms plus a guest bedroom with a full bathroom in the hallway, an eat-in kitchen with tile flooring, and a spacious living room with beautiful wood-look laminate flooring, gas fireplace and 2 story ceiling. Most of these homes have a spiral staircase, but this home has a traditional staircase leading to the 2nd floor. Offered fully furnished this home is ready to be enjoyed! Store all of your bikes and beach supplies with ease in the detached garage that conveys with the sale. Conveniently located for a peaceful summer getaway and just a short drive to Bethany Beach and all of the area attractions! The community offers a variety of amenities including clubhouse, fitness room, swimming pool, golf course, basketball courts, boat ramp, swimming pool, tennis and more!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Wood, Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Eat-In, Pantry, Primary Bath(s), Recessed Lighting, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 266.00
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37434

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Road Surface Type: Paved
  • View: Bay
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Off Street
  • Off Street Parking Spaces: 1

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: 443.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 474.00
  • 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, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Pier/Dock Maintenance, Pool(s), Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, Filtered, In Ground

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Screened, Porch(es)
  • 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
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5125586
  • School Tax: 746.00
  • Tax Annual Amount: 846.00
  • Assessor Parcel Number: 134-08.00-42.00-47-5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/12/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Aug 12, 2021
Sold by
Almeida Paul D and Rainbow-Almeida Carrie
Bought by
Erickson Michelle E and Erickson Asa H
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Shelby Smith
Long & Foster Real Estate, Inc.
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%
Total Days on Market
7
Current Estimated Value
$485,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,874
Avg. Annual Appreciation
4.31%
Original Mortgage
$303,000
Outstanding Balance
$278,100
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$207,774

Purchase Details

Closed on
Oct 6, 2017
Sold by
Miller Constance M and Miller David P
Bought by
Almeida Carrie Rainbow and Domingos Almeida Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2015
Sold by
Sasse Christopher M and Sasse Melanie J
Bought by
Miller David P and Miller Constance M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Erickson Michelle E $415,000 None Available
Almeida Carrie Rainbow $262,500 None Available
Miller David P $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Michelle E $303,000
Previous Owner Almeida Carrie Rainbow $210,000
Previous Owner Miller Constance M $194,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $415,000 +4.0% $277 / Sq Ft
06/29/2021 06/29/21 For Sale $399,000 -- $266 / 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 $968 $22,500 $0 $22,500
2023 $968 $22,500 $0 $22,500
2022 $953 $22,500 $0 $22,500
2021 $926 $22,500 $0 $22,500
2020 $888 $22,500 $0 $22,500
2019 $884 $22,500 $0 $22,500
2018 $893 $23,000 $0 $0
2017 $877 $23,000 $0 $0
2016 $803 $23,000 $0 $0
2015 $827 $23,000 $0 $0
2014 $815 $23,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2001140

Bright MLS

APN: 134-08.00-42.00-47-5