NOT LISTED FOR SALE

37434 Pettinaro Dr Unit 4805 Ocean View, DE 19970

Estimated Value: $377,538 - $510,000

4 Beds
4 Baths
1,900 Sq Ft
$617/mo HOA Fee

Last Sold July 02, 2020

Last sale price $300,000 $158 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,214/month

Highlights

  • Primary bedroom faces the bay
  • Boat Ramp
  • Property Fronts a Bay or Harbor
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Penthouse

About This Home

As of July 2020

Enjoy Panormaic views of the Bay, Indian River Bridge and Wild life in your penthouse end-unit point beach condominium with 4 bedrooms, 2 full bathrooms including 3 master bedroom suites and come furnished (with some exclusions)! This home has enjoyed rental income of approx. $27k last year (net of cleaning charges)! No rentals are on the books for this year so you have no lease obligations. This beach home features an attractive eat-in kitchen, bright white cabinets, a spacious family room, 2 electric fireplaces. You'll be amazed by the screened porch with expansive panoramic views of the bay and wildlife,. There are 2 bedrooms on the main floor including a master bedroom suite and a full bathroom (2 BR and 2 Baths on the main floor). The 2nd floor features 2 additional oversized master bedroom suites (each with their own private bathrooms). The home has a typical stair case leading from the 1st to the 2nd floor (not a spiral staircase that is often found in similar homes here). The home also includes a 1 car garage that can also be used for additional storage. Located in the premier water front community of Bethany Bay offering 2 pools (adult and kiddy ), tennis courts, water access, public 9 hole golf course, walking trails, boat storage and so much more. Schedule your private showing today. A capital contributions are required to be paid by the buyer at settlement equal to 0.5% of the sales price. Condo fee includes exterior and lawn maintenance, flood and homeowners insurance for the structure, replacement, reserves accounts. The community fee covers all the amenities and common area maintenance.

Last Agent to Sell the Property

Steven Gilbert

(484) 885-5470 steve.gilbert@kw.com Keller Williams Realty License #RS-0024373 Listed on: 06/10/2020

Keller Williams Realty

Last Buyer's Agent

Ashley Brosnahan

(302) 841-4200 ashley@bethanybeach-homes.com Long & Foster Real Estate, Inc. License #RA-0031206

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $861

Year Built

  • Built in 2003

Lot Details

  • 0.73

HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage

Property Views

  • Bay
  • Panoramic
  • Scenic Vista

Home Design

  • Penthouse
  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 3rd floor
  • Frame Construction
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • 2 Fireplaces
  • Electric Fireplace
  • Family Room Off Kitchen
  • Screened Porch
  • Partial Basement

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Water Access
  • Property near a bay
  • Lake Privileges

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Property Fronts a Bay or Harbor
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-08.00-42.00-48-5

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, reserve funds, trash
  • Bethany Bay Subdivision

Amenities

  • Recreation Room

Recreation

  • Boat Ramp
  • Pier or Dock
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Community Pool
  • Putting Green
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$861

Year Built

Built in 2003

Lot Details

0

HOA Fees

$617 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Exclusions: * 2 Adirondack chairs on Back Porch, Mermaid Hook Decor in Front Entry, Mermaid Picture in Upstairs Hallway, All Items in the Garage are also excluded.
  • Inclusions: Furniture and 2 electric fireplaces are Included as well as items on display (except for the Exclusions noted below). The portable, free-standing air conditioner in the 4th bedroom upstairs is also included.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-06-10
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Remarks Public: Enjoy Panormaic views of the Bay, Indian River Bridge and Wild life in your penthouse end-unit point beach condominium with 4 bedrooms, 2 full bathrooms including 3 master bedroom suites and come furnished (with some exclusions)! This home has enjoyed rental income of approx. $27k last year (net of cleaning charges)! No rentals are on the books for this year so you have no lease obligations. This beach home features an attractive eat-in kitchen, bright white cabinets, a spacious family room, 2 electric fireplaces. You'll be amazed by the screened porch with expansive panoramic views of the bay and wildlife,. There are 2 bedrooms on the main floor including a master bedroom suite and a full bathroom (2 BR and 2 Baths on the main floor). The 2nd floor features 2 additional oversized master bedroom suites (each with their own private bathrooms). The home has a typical stair case leading from the 1st to the 2nd floor (not a spiral staircase that is often found in similar homes here). The home also includes a 1 car garage that can also be used for additional storage. Located in the premier water front community of Bethany Bay offering 2 pools (adult and kiddy ), tennis courts, water access, public 9 hole golf course, walking trails, boat storage and so much more. Schedule your private showing today. A capital contributions are required to be paid by the buyer at settlement equal to 0.5% of the sales price. Condo fee includes exterior and lawn maintenance, flood and homeowners insurance for the structure, replacement, reserves accounts. The community fee covers all the amenities and common area maintenance.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Cooktop, Dishwasher, Oven/Range - Electric, Washer/Dryer Stacked, Refrigerator, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Open, Primary Bedroom - Bay Front, Breakfast Area
  • Fireplace Features: Electric
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Primary Bedroom, Bedroom 4, Kitchen, Family Room, Laundry, Bathroom 2, Bathroom 3, Primary Bathroom, Full Bath, Screened Porch
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Price Per Sq Ft: 160.52
  • Above Grade Finished Sq Ft: 1900
  • 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
  • Other Structures List: Garage(s)
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • View: Bay, Panoramic, Scenic Vista, 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 - Front Entry, Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached 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 Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 427.50
  • 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, Golf Course Membership Available, Jog/Walk Path, Pier/Dock, Pool - Outdoor, Swimming Pool, Putting Green, Recreational Center, 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, Reserve Funds, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Concrete, Fenced, 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
  • Year Assessed: 2019
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 28700.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5125592
  • School Tax: 759.00
  • Tax Annual Amount: 861.00
  • Assessor Parcel Number: 134-08.00-42.00-48-5
  • Tax Total Finished Sq Ft: 1160
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/02/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jun 24, 2020
Sold by
Jones Edward M and Jones Kelly A
Bought by
Lopiano Philip A and Lopiano Donna L
Seller's Agent
Steven Gilbert
Keller Williams Realty
Buyer's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
List Price
$304,990
Sold Price
$300,000
Premium/Discount to List
-$4,990
-1.64%
Current Estimated Value
$470,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,885
Avg. Annual Appreciation
8.98%

Purchase Details

Closed on
Mar 26, 2018
Sold by
Jolly Family Llc
Bought by
Jones Edward M and Jones Kelly A

Purchase Details

Closed on
Nov 3, 2003
Bought by
Jolly Family Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lopiano Philip A $300,000 None Available
Jones Edward M $275,000 --
Jolly Family Llc $364,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $300,000 -1.6% $158 / Sq Ft
06/24/2020 06/24/20 For Sale $304,990 0.0% $161 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $304,990 -- $161 / 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 $22,500 $0 $22,500
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 $865 $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

  • Steven Gilbert

    Seller's Agent in 2020

    Steven Gilbert

    Keller Williams Realty

    (484) 885-5470

    7 in this area

    50 Total Sales

    Steven Gilbert
    Section Image
  • Ashley Brosnahan

    Buyer's Agent in 2020

    Ashley Brosnahan

    Long & Foster

    (302) 841-4200

    99 in this area

    390 Total Sales

    Ashley Brosnahan
    Section Image

  • h

    Buyer Co-Listing Agent in 2020

    heather gates

    Long & Foster

    (302) 858-7805

    32 in this area

    138 Total Sales

    heather gates
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU162234

Bright MLS

APN: 134-08.00-42.00-48-5

Delaware Sussex County Ocean View 19970

37434 Pettinaro Dr Unit 4805, Ocean View, DE

This home is located at 37434 Pettinaro Dr Unit 4805, Ocean View, DE 19970 since 10 June 2020 and is currently estimated at $470,885, approximately $247 per square foot. This property was built in 2003. 37434 Pettinaro Dr Unit 4805 is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes