NOT LISTED FOR SALE

37448 Pettinaro Dr Unit 5701 Ocean View, DE 19970

Estimated Value: $385,000 - $423,263

2 Beds
2 Baths
1,160 Sq Ft
$381/mo HOA Fee

Last Sold June 08, 2021

Last sale price $347,000 $299 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,585/month

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Fitness Center
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Bay View

About This Home

As of June 2021

This elegant first floor, 2 Bedroom, 2 Bath end unit is located in the highly regarded Bethany Bay resort community. The unit is completely refurbished, in pristine turn-key condition, and includes a garage. All walls and most ceilings have been repainted. New vinyl wood plank flooring has been installed throughout the living room, kitchen, and bath areas and both bedrooms have been newly carpeted. The kitchen features new dishwasher, microwave, range, and garbage disposal as well as attractive new granite countertops with a glass tile backsplash. In addition, complimenting the standard array of kitchen cabinets, there are two custom made floor-to-ceiling, wood accent cabinets which bracket a matching wood window seat with storage below. New lighting has been installed throughout the condo and both bathrooms have been freshened with new sink tops and comfort height toilets. The back porch, which looks out at Indian River inlet and bridge, has been recently tiled and enclosed with permanent windows and screens to create a lovely four-season room. A high efficiency Trane HVAC system was installed in 2020 along with a new hot water heater. The condo also has a washer and dryer. The community has a large pool, a kiddie pool, a clubhouse with a fitness center, a community meeting room, as well as tennis, pickleball, and basketball courts, miles of wooded walking trails, a 9 hole par 3 golf course (pay to play), and lots of open space. Bethany Bay is a short ride away from downtown Bethany Beach’s attractions (free summer entertainment, lifeguarded beaches, lovely shops, and gourmet dining). This condo has gorgeous views, is ready for IMMEDIATE OCCUPANCY, and is in MUST SEE condition.****Please have all offers in by Sunday May 8th at 6 pm. ****

Last Agent to Sell the Property

Dan Sweeney

(302) 463-6548 sweeneyrealestateadvisor@gmail.com Realty One Group Restore License #RS-0017243 Listed on: 05/06/2021

Realty One Group Restore

Last Buyer's Agent

Lauren Smith

(410) 245-9915 laurenasmith@kw.com Keller Williams Realty License #246971

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $679

Year Built

  • Built in 2002

Lot Details

  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway

Property Views

  • Bay
  • Pond
  • Panoramic
  • Golf Course
  • Woods

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,160 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Electric Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property near a bay
  • Lake Privileges

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 134-08.00-42.00-57-1

Community Details

Overview

  • $1,200 Capital Contribution Fee
  • Association fees include exterior building maintenance, lawn maintenance, snow removal, trash, water, insurance, pier/dock maintenance
  • Legum & Norman HOA, Phone Number (302) 539-3633
  • Low-Rise Condominium
  • Bethany Bay Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Pool or Spa Combo
  • Heated Community Pool
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$679

Year Built

Built in 2002

Lot Details

0

HOA Fees

$381 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Exclusions: Garage contents, personal property
  • Home Warranty: No
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-05-06
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: Yes
  • Remarks Public: This elegant first floor, 2 Bedroom, 2 Bath end unit is located in the highly regarded Bethany Bay resort community. The unit is completely refurbished, in pristine turn-key condition, and includes a garage. All walls and most ceilings have been repainted. New vinyl wood plank flooring has been installed throughout the living room, kitchen, and bath areas and both bedrooms have been newly carpeted. The kitchen features new dishwasher, microwave, range, and garbage disposal as well as attractive new granite countertops with a glass tile backsplash. In addition, complimenting the standard array of kitchen cabinets, there are two custom made floor-to-ceiling, wood accent cabinets which bracket a matching wood window seat with storage below. New lighting has been installed throughout the condo and both bathrooms have been freshened with new sink tops and comfort height toilets. The back porch, which looks out at Indian River inlet and bridge, has been recently tiled and enclosed with permanent windows and screens to create a lovely four-season room. A high efficiency Trane HVAC system was installed in 2020 along with a new hot water heater. The condo also has a washer and dryer. The community has a large pool, a kiddie pool, a clubhouse with a fitness center, a community meeting room, as well as tennis, pickleball, and basketball courts, miles of wooded walking trails, a 9 hole par 3 golf course (pay to play), and lots of open space. Bethany Bay is a short ride away from downtown Bethany Beach’s attractions (free summer entertainment, lifeguarded beaches, lovely shops, and gourmet dining). This condo has gorgeous views, is ready for IMMEDIATE OCCUPANCY, and is in MUST SEE condition.****Please have all offers in by Sunday May 8th at 6 pm. ****
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1160
  • Living Area Sq Ft: 1160
  • Price Per Sq Ft: 281.90
  • Above Grade Finished Sq Ft: 1160
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37448

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, Aluminum Siding
  • View: Bay, Golf Course, Panoramic, Pond, Trees/Woods
  • Water Access: Yes
  • 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
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 274.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 290.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Fitness Center, Golf Course Membership Available, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground, Jog/Walk Path, Volleyball Courts, Water/Lake Privileges, Boat Ramp
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Water, Insurance, Pier/Dock Maintenance
  • HOA Name: LEGUM & NORMAN
  • HOA Phone: 3025393633
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Heated, Filtered, Fenced, Pool/Spa Combo

Fee Information

  • Capital Contribution Fee: 1200.00

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
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5125634
  • School Tax: 599.00
  • Tax Annual Amount: 679.00
  • Assessor Parcel Number: 134-08.00-42.00-57-1
  • Tax Total Finished Sq Ft: 1160
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/08/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 8, 2021
Sold by
Dulin James J and Dulin Michele
Bought by
Leibowitz Samuel H and Leibowitz Martha S
Seller's Agent
Dan Sweeney
Realty One Group Restore
Buyer's Agent
Lauren Smith
Keller Williams Realty
List Price
$327,000
Sold Price
$347,000
Premium/Discount to List
$20,000
6.12%
Current Estimated Value
$402,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,316
Avg. Annual Appreciation
3.48%

Purchase Details

Closed on
Jul 22, 2019
Sold by
Brown Carr Llc
Bought by
Dulin James J and Dulin Michele N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2017
Closed on
May 23, 2017
Sold by
Prince Mary D and Prince William L
Bought by
Brown Anne Marie and Carr Charles
Seller's Agent
John Zacharias
Patterson-Schwartz-OceanView
Buyer's Agent
Elizabeth Gilbert
Keller Williams Realty
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.06%

Purchase Details

Closed on
Jul 8, 2002
Bought by
Price William L and Price Mary D
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
Leibowitz Samuel H $347,000 None Available
Leibowitz Samuel H $347,000 None Available
Dulin James J $208,000 --
Brown Anne Marie $180,000 None Available
Price William L $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dulin James J $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2021 06/08/21 Sold $347,000 +6.1% $299 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $327,000 +81.7% $282 / Sq Ft
05/18/2017 05/18/17 Sold $180,000 -4.8% $150 / Sq Ft View Prior Sale
04/08/2017 04/08/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $189,000 -- $158 / 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 $743 $17,700 $0 $17,700
2024 $763 $17,700 $0 $17,700
2023 $764 $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 $646 $18,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU182448

Bright MLS

APN: 134-08.00-42.00-57-1