NOT LISTED FOR SALE

37438 Pettinaro Dr Unit 5006 Ocean View, DE 19970

Estimated Value: $414,177 - $532,000

4 Beds
4 Baths
1,898 Sq Ft
$721/mo HOA Fee

Last Sold March 04, 2024

Last sale price $460,000 $242 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,474/month

10 Days on Market

Highlights

  • Pier or Dock
  • Golf Course Community
  • Water Oriented
  • Lord Baltimore Elementary School Rated A-
  • Penthouse
  • No Units Above

About This Home

As of March 2024

Looking for a beautifully maintained, fully furnished home with great amenities, incredible unobstructed waterfront views, new HVAC, and a low maintenance lifestyle, start the search for your Delaware dream home in this 4-bed, 4-bath, 1,900 square foot condo in the very desirable community of Bethany Bay. Perfectly appointed to be an easy care second home, an income producing rental or a full-time retirement home, this condo has it all for those who love the marriage of vibrant beach life and peaceful nature. With incredible views out every direction, this home offers a tranquil retreat, yet sits close to every amenity.

Enter to a huge, light filled living room with electric fireplace and screened porch adjoining a large kitchen with a breakfast bar. Have your morning coffee on the front deck overlooking the beautiful pond, and your evening cocktails on the back deck overlooking one of the area’s best views of the stunning and tranquil Indian River Bay. Four generously sized bedrooms, three of which are ensuite and one with private access to a shared bath provides plenty of space and privacy for friends and family to gather and share great memories. A detached garage offers a perfect space to house all your beach toys. Since this home is being sold fully furnished, you only need to bring your swimsuit, toothbrush, and your love of the salt life.
Bethany Bay is a coveted small community situated along the Indian River Bay and comprises over 400 acres of beautiful, unspoiled land giving residents a feeling of being one with nature, yet sits close to world class restaurants, shops, and the famous Bethany Beach. Amenities include a nine-hole mid-length par 3 golf course, swimming pool, tennis/pickleball courts, walking trail, club house and access to the bay.

The Bethany Bay community is a hidden gem with an amazing location and beautiful setting. If you are looking to move to southern Delaware, this condo should be on your short list of homes to see.

Last Agent to Sell the Property

Paul Sicari

Compass License #659389 Listed on: 01/08/2024

Compass

Last Buyer's Agent

Dustin Oldfather

Compass License #RS-0017091

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $900

Year Built

  • Built in 2002

Lot Details

  • No Units Above
  • Two or More Common Walls

HOA Fees

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Off-Street Parking
  • Unassigned Parking

Home Design

  • Penthouse
  • Coastal Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,898 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Combination Dining and Living Room
  • Carpet
  • Bay Views
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Balcony

Location

  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Sussex Central High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-08.00-42.00-50-6

Community Details

Overview

  • $2,495 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), reserve funds, road maintenance, snow removal, trash
  • Low-Rise Condominium
  • Bethany Bay Subdivision
  • Property Manager

Recreation

  • Pier or Dock
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$900

Year Built

Built in 2002

Lot Details

0

HOA Fees

$721 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
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Fully furnished with personal effects and some exclusions.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: Looking for a beautifully maintained, fully furnished home with great amenities, incredible unobstructed waterfront views, new HVAC, and a low maintenance lifestyle, start the search for your Delaware dream home in this 4-bed, 4-bath, 1,900 square foot condo in the very desirable community of Bethany Bay. Perfectly appointed to be an easy care second home, an income producing rental or a full-time retirement home, this condo has it all for those who love the marriage of vibrant beach life and peaceful nature. With incredible views out every direction, this home offers a tranquil retreat, yet sits close to every amenity. Enter to a huge, light filled living room with electric fireplace and screened porch adjoining a large kitchen with a breakfast bar. Have your morning coffee on the front deck overlooking the beautiful pond, and your evening cocktails on the back deck overlooking one of the area’s best views of the stunning and tranquil Indian River Bay. Four generously sized bedrooms, three of which are ensuite and one with private access to a shared bath provides plenty of space and privacy for friends and family to gather and share great memories. A detached garage offers a perfect space to house all your beach toys. Since this home is being sold fully furnished, you only need to bring your swimsuit, toothbrush, and your love of the salt life. Bethany Bay is a coveted small community situated along the Indian River Bay and comprises over 400 acres of beautiful, unspoiled land giving residents a feeling of being one with nature, yet sits close to world class restaurants, shops, and the famous Bethany Beach. Amenities include a nine-hole mid-length par 3 golf course, swimming pool, tennis/pickleball courts, walking trail, club house and access to the bay. The Bethany Bay community is a hidden gem with an amazing location and beautiful setting. If you are looking to move to southern Delaware, this condo should be on your short list of homes to see.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls, No One Above
  • Floors In Unit Count: 2
  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 1898
  • Living Area Sq Ft: 1898
  • Price Per Sq Ft: 252.37
  • Above Grade Finished Sq Ft: 1898
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37438

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, Aluminum Siding
  • View: Bay
  • Water Access: No
  • Water Body Name: Indian River Bay
  • 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, Unassigned
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Off Street

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: 813.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 450.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Basketball Courts, Tot Lots/Playground, Pier/Dock, Jog/Walk Path, Golf Course
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 2495.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • High School: SUSSEX CENTRAL
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: LORD BALTIMORE
  • High School: SUSSEX CENTRAL

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2022
  • Zoning: AR-1
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 802.00
  • Tax Annual Amount: 900.00
  • Assessor Parcel Number: 134-08.00-42.00-50-6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/04/2024

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
Jan 8, 2024
Closed on
Mar 1, 2024
Sold by
Zufall Wade B and Zufall Sylvia Leanne
Bought by
Devido Brian Andrew and Devido Sarah
Seller's Agent
Paul Sicari
Compass
Buyer's Agent
Dustin Oldfather
Compass
List Price
$479,000
Sold Price
$460,000
Premium/Discount to List
-$19,000
-3.97%
Total Days on Market
10
Views
36
Current Estimated Value
$482,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,044
Avg. Annual Appreciation
2.62%
Original Mortgage
$260,000
Outstanding Balance
$254,691
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$221,260

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 26, 2021
Sold by
Costagliola Patricia S
Bought by
Zufali Wade B and Zufall Sylvia L
Seller's Agent
Linzee Ciprani
Keller Williams Real Estate - West Chester
Buyer's Agent
Paul Sicari
Compass
List Price
$369,900
Sold Price
$369,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$295,920
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 20, 2016
Sold by
Costagliola Patricia H and Costagliola Patricia S
Bought by
Costagliola Patricia S

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
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2010
Bought by
Costagliola Ronald C Patricia H Cos
Source: Public Records

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
Devido Brian Andrew $460,000 None Listed On Document
Zufali Wade B $369,900 None Available
Costagliola Patricia S -- None Available
Costagliola Ronald C Patricia H Cos -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devido Brian Andrew $260,000
Previous Owner Zufali Wade B $295,920
Previous Owner Costagliola Patricia S $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $460,000 -4.0% $242 / Sq Ft
01/08/2024 01/08/24 For Sale $479,000 +29.5% $252 / Sq Ft
02/26/2021 02/26/21 Sold $369,900 0.0% $319 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/14/2021 01/14/21 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
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: DESU2053848

Bright MLS

APN: 134-08.00-42.00-50-6