NOT LISTED FOR SALE

37438 Pettinaro Dr Unit 5003 Ocean View, DE 19970

Estimated Value: $384,000 - $420,801

2 Beds
2 Baths
1,160 Sq Ft
$507/mo HOA Fee

Last Sold April 06, 2023

Last sale price $370,000 $319 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,686/month

10 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Pier or Dock
  • Bay View
  • Lord Baltimore Elementary School Rated A-
  • Water Oriented
  • 401.74 Acre Lot

About This Home

As of April 2023

Beautiful second floor end unit offers expansive views of the Indian River Inlet and Bridge. This bright and beachy home offers a kitchen/ dining area with beautiful tile backsplash and plenty of cabinet space. Spend your time relaxing in front of the cozy fireplace or on the screened in porch with a cup of coffee watching the sunrise. Turn key, fully furnished, and ready to move in or use as an investment property. The detached garage provides additional storage. Take advantage of all Bethany Bay has to offer, from an outdoor pool, boat ramp, kayak launch, boat storage, fishing pier, fitness center, 9-hole golf course, walking trails, playgrounds, and tennis, volleyball, pickleball, and basketball courts. Buy now and start making making your memories today!!

Last Agent to Sell the Property

Lisa Nemeth

(484) 788-2971 lisanemeth@kw.com Northrop Realty License #RS0038448 Listed on: 02/13/2023

Northrop Realty

Last Buyer's Agent

Rebecca Turner

(302) 236-6269 rturnerrealestate@gmail.com Northrop Realty License #RS0026186

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $719

Year Built

  • Built in 2002

Lot Details

  • 401.74

HOA Fees

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Parking Lot

Property Views

  • Bay
  • Pond

Home Design

  • Entry on the 2nd floor
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,160 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wainscoting
  • Ceiling Fan
  • Corner Fireplace
  • Electric Fireplace
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

Outdoor Features

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

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Electric Water Heater

Additional Features

  • Tidal Wetland on Lot
  • Flood Risk

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 134-08.00-42.00-50-3

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, high speed internet, insurance, lawn care front, management, pier/dock maintenance, pool(s), snow removal, trash, water
  • First Service HOA, Phone Number (302) 539-3633
  • Low-Rise Condominium
  • Bethany Bay Subdivision
  • Property Manager

Recreation

  • Pier or Dock
  • Tennis Courts
  • Volleyball Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$719

Year Built

Built in 2002

Lot Details

0

HOA Fees

$507 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: Fee Simple
  • Exclusions: Adirondack chairs and table on front porch, and contents of garage
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-02-13
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful second floor end unit offers expansive views of the Indian River Inlet and Bridge. This bright and beachy home offers a kitchen/ dining area with beautiful tile backsplash and plenty of cabinet space. Spend your time relaxing in front of the cozy fireplace or on the screened in porch with a cup of coffee watching the sunrise. Turn key, fully furnished, and ready to move in or use as an investment property. The detached garage provides additional storage. Take advantage of all Bethany Bay has to offer, from an outdoor pool, boat ramp, kayak launch, boat storage, fishing pier, fitness center, 9-hole golf course, walking trails, playgrounds, and tennis, volleyball, pickleball, and basketball courts. Buy now and start making making your memories today!!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater, Refrigerator
  • Entry Floor: 2
  • Flooring Type: Engineered Wood, Vinyl
  • Interior Amenities: Combination Kitchen/Dining, Primary Bedroom - Bay Front, Ceiling Fan(s), Floor Plan - Open, Primary Bath(s), Window Treatments, Tub Shower, Wainscotting
  • Fireplace Features: Corner, Electric
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1160
  • Living Area Sq Ft: 1160
  • Price Per Sq Ft: 318.88
  • Above Grade Finished Sq Ft: 1160
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37438

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
  • Construction Materials: Stick Built, Vinyl Siding
  • Roof: Asphalt, Shingle
  • View: Bay, Pond, Water
  • 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
  • Parking Features: Paved Parking
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, 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
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • HOA Fees: 647.91
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 290.57
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: 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, High Speed Internet, Insurance, Lawn Care Front, Management, Pier/Dock Maintenance, Pool(s), Snow Removal, Trash, Water
  • HOA Name: FIRST SERVICE
  • HOA Phone: 302-539-3633
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • 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: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 999
  • Lot Features: Tidal Wetland
  • 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: Porch(es), Screened
  • Year Assessed: 2022
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5125605
  • School Tax: 640.00
  • Tax Annual Amount: 719.00
  • Assessor Parcel Number: 134-08.00-42.00-50-3
  • Tax Total Finished Sq Ft: 1160
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/06/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 29, 2023
Sold by
Ross William J and Ross Linda A
Bought by
Fulco Joseph C and Fulco Stacy M
Seller's Agent
Lisa Nemeth
Northrop Realty
Buyer's Agent
Rebecca Turner
Northrop Realty
List Price
$369,900
Sold Price
$370,000
Premium/Discount to List
$100
0.03%
Views
44
Current Estimated Value
$396,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,950
Avg. Annual Appreciation
2.88%
Original Mortgage
$351,500
Outstanding Balance
$341,551
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$55,399

Purchase Details

Closed on
Jun 6, 2002
Bought by
Ross William J and Ross Linda A
Source: Public Records

Range of Values:

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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
Fulco Joseph C $370,000 --
Ross William J $184,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fulco Joseph C $351,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2023 04/06/23 Sold $370,000 0.0% $319 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $369,900 -- $319 / 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 $786 $17,700 $0 $17,700
2024 $787 $17,700 $0 $17,700
2023 $788 $17,700 $0 $17,700
2022 $752 $17,700 $0 $17,700
2021 $731 $17,700 $0 $17,700
2020 $702 $17,700 $0 $17,700
2019 $699 $17,700 $0 $17,700
2018 $706 $18,050 $0 $0
2017 $719 $18,050 $0 $0
2016 $637 $18,050 $0 $0
2015 $656 $18,050 $0 $0
2014 $646 $18,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2035808

Bright MLS

APN: 134-08.00-42.00-50-3