NOT LISTED FOR SALE

37444 Pettinaro Dr Unit 5501 Ocean View, DE 19970

Estimated Value: $317,000 - $397,000

2 Beds
2 Baths
1,160 Sq Ft
$503/mo HOA Fee

Last Sold June 26, 2023

Last sale price $379,000 $327 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,622/month

33 Days on Market

Highlights

  • 30 Feet of Waterfront
  • Boat Ramp
  • Fitness Center
  • Lord Baltimore Elementary School Rated A-
  • Golf Course Community
  • Water Oriented

About This Home

As of June 2023

Back on market at no fault of seller! Spectacular views of the Indian River Bay and Bridge from this beautifully renovated, first-floor end condo in Bethany Bay. The large, eat-in kitchen offers newly installed quartz counters, white kitchen cabinetry and matching appliances, including a Sub-Zero refrigerator and Bosch dishwasher. New luxury vinyl plank flooring runs throughout the living room and bedrooms. The guest bedroom sits across the hall from the kitchen and has access to a full bathroom which also connects to the living room. The neutral paint colors throughout the home provide a relaxing environment while the additional windows in the living room fill the space with an abundance of natural light. Beautiful views, his and hers closets with built in storage, and a private bathroom with new quartz vanity, round out the primary suite. The porch was recently enclosed by Pella in July 2022, providing a great space to watch the wildlife in the wetlands while enjoying your morning coffee or happy hour. Other recent improvements include all new windows in Sept 2021 and a new HVAC in Sept 2022. A detached garage is included in the sale, providing the perfect storage solution for all of your beach toys. Bethany Bay has something to offer everyone - an outdoor pool, boat ramp, kayak launch, boat and RV storage, fishing pier, fitness center, 9-hole golf course, walking trails, playgrounds and tennis, pickleball, volleyball, and basketball courts. Cable TV, internet, flood insurance, water, trash, snow removal, exterior maintenance, lawn care and more are covered by the condo and HOA dues. This move-in ready home is the perfect place to create new beach memories with friends and family!

Last Listed By

Shelby Smith

Long & Foster Real Estate, Inc. License #RS-0024052 Listed on: 04/19/2023

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $736

Year Built

  • Built in 2003

Lot Details

  • 30 Feet of Waterfront
  • Property is in excellent condition

HOA Fees

Parking

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

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,160 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Upgraded Countertops

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Home Security

Accessible Home Design

  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Lake Privileges
  • Enclosed patio or porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-08.00-42.00-55-1

Community Details

Overview

  • Association fees include cable TV, high speed internet, insurance, water, trash, snow removal, pool(s), pier/dock maintenance, lawn maintenance, exterior building maintenance, common area maintenance, reserve funds, road maintenance
  • First Service HOA
  • Low-Rise Condominium
  • Excel Condos
  • Bethany Bay Subdivision

Recreation

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

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Center
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$736

Year Built

Built in 2003

Lot Details

0

HOA Fees

$503 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
  • Accessibility Features: No Stairs, Level Entry - Main
  • Ownership: Condominium
  • Inclusions: List attached in documents
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Back on market at no fault of seller! Spectacular views of the Indian River Bay and Bridge from this beautifully renovated, first-floor end condo in Bethany Bay. The large, eat-in kitchen offers newly installed quartz counters, white kitchen cabinetry and matching appliances, including a Sub-Zero refrigerator and Bosch dishwasher. New luxury vinyl plank flooring runs throughout the living room and bedrooms. The guest bedroom sits across the hall from the kitchen and has access to a full bathroom which also connects to the living room. The neutral paint colors throughout the home provide a relaxing environment while the additional windows in the living room fill the space with an abundance of natural light. Beautiful views, his and hers closets with built in storage, and a private bathroom with new quartz vanity, round out the primary suite. The porch was recently enclosed by Pella in July 2022, providing a great space to watch the wildlife in the wetlands while enjoying your morning coffee or happy hour. Other recent improvements include all new windows in Sept 2021 and a new HVAC in Sept 2022. A detached garage is included in the sale, providing the perfect storage solution for all of your beach toys. Bethany Bay has something to offer everyone - an outdoor pool, boat ramp, kayak launch, boat and RV storage, fishing pier, fitness center, 9-hole golf course, walking trails, playgrounds and tennis, pickleball, volleyball, and basketball courts. Cable TV, internet, flood insurance, water, trash, snow removal, exterior maintenance, lawn care and more are covered by the condo and HOA dues. This move-in ready home is the perfect place to create new beach memories with friends and family!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank, Ceramic Tile
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Sprinkler System, Upgraded Countertops, Window Treatments
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1160
  • Living Area Sq Ft: 1160
  • Price Per Sq Ft: 330.09
  • Above Grade Finished Sq Ft: 1160
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37444

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: Frame, Vinyl Siding
  • View: Bay
  • Water Access: No
  • Water Body Name: Indian River Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 30

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 640.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 290.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Excel
  • HOA Condo Co-Op Amenities: Basketball Courts, Boat Ramp, Community Center, Fitness Center, Golf Course, Jog/Walk Path, Pier/Dock, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Cable Tv, High Speed Internet, Insurance, Water, Trash, Snow Removal, Pool(s), Pier/Dock Maintenance, Lawn Maintenance, Ext Bldg Maint, Common Area Maintenance, Reserve Funds, Road Maintenance
  • HOA Name: FIRST SERVICE
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: 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: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Porch(es), Enclosed, Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5125620
  • School Tax: 655.00
  • Tax Annual Amount: 736.00
  • Assessor Parcel Number: 134-08.00-42.00-55-1
  • Tax Total Finished Sq Ft: 1160
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/26/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Jun 26, 2023
Sold by
Maddesi Joseph L
Bought by
Griffin Natalie S
Seller's Agent
Shelby Smith
Long & Foster Real Estate, Inc.
Buyer's Agent
Shelby Smith
Long & Foster Real Estate, Inc.
List Price
$384,900
Sold Price
$379,000
Premium/Discount to List
-$5,900
-1.53%
Total Days on Market
33
Views
171
Current Estimated Value
$367,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,867
Avg. Annual Appreciation
1.59%
Original Mortgage
$201,000
Outstanding Balance
$196,887
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$193,720

Purchase Details

Listed on
Aug 28, 2019
Closed on
Oct 4, 2019
Sold by
Wetzel Benjamin C
Bought by
Maddesi Joseph L and Maddesi Barbara R
Seller's Agent
Shelby Smith
Long & Foster Real Estate, Inc.
Buyer's Agent
CHRIS ALLEN
Keller Williams Realty
List Price
$245,000
Sold Price
$233,000
Premium/Discount to List
-$12,000
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%

Range of Values:

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Average Value
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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
Griffin Natalie S $379,000 None Listed On Document
Maddesi Joseph L $233,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Natalie S $201,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $379,000 -1.0% $327 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/15/2023 05/15/23 Price Changed $382,900 -0.5% $330 / Sq Ft
05/05/2023 05/05/23 For Sale $384,900 0.0% $332 / Sq Ft
04/29/2023 04/29/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $384,900 +65.2% $332 / Sq Ft
10/04/2019 10/04/19 Sold $233,000 -4.9% $201 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
08/28/2019 08/28/19 For Sale $245,000 -- $211 / 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 $777 $17,700 $0 $17,700
2023 $778 $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 $688 $18,050 $0 $0
2016 $637 $18,050 $0 $0
2015 $656 $18,050 $0 $0
2014 -- $18,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2039770

Bright MLS

APN: 134-08.00-42.00-55-1