NOT LISTED FOR SALE

37448 Pettinaro Dr Unit 5705 Ocean View, DE 19970

Estimated Value: $500,000 - $521,000

4 Beds
4 Baths
1,919 Sq Ft
$598/mo HOA Fee

Last Sold July 17, 2020

Last sale price $300,000 $156 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,392/month

156 Days on Market

Highlights

  • Boat Ramp
  • Golf Course Community
  • Access to Tidal Water
  • Lord Baltimore Elementary School Rated A-
  • Home fronts navigable water
  • Fitness Center

About This Home

As of July 2020

Panoramic water views of the Indian River Bay and Bridge from this mostly furnished end unit, top floor, two level, condo with four bedrooms and four baths. This beautiful and spacious home, located in Bethany Bay Community, boasts new granite countertops, stove and microwave; newer refrigerator, dishwasher and hardwood flooring. A one car, detached garage offers extra storage space for your car, beach gear or watercraft equipment. Bethany Bay is an amenity rich community with a large swimming pool, beautifully manicured nine hole golf course, tennis, volleyball, basketball, and pickle ball courts, as well as a boat launch. Ideally located off the beaten path, yet close to shopping, great restaurants and just a short drive to downtown Bethany Beach. Most furnishings included with few exclusions.

Last Agent to Sell the Property

Trevor Clark

(302) 290-3869 trevor.clark@1stchoicetoday.com 1ST CHOICE PROPERTIES LLC License #RB-0031435 Listed on: 12/27/2019

Co-Listed By

ABBY CLARK

(302) 345-6706 abby.clark@1stchoicetoday.com 1ST CHOICE PROPERTIES LLC

Last Buyer's Agent

Suzanne Macnab

(302) 228-1251 smacbeach@msn.com RE/MAX Coastal License #RS-0012856

RE/MAX Coastal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $843

Year Built

  • Built in 2002

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor

HOA Fees

Parking

  • 1 Car Detached Garage
  • 5 Open Parking Spaces
  • Front Facing Garage
  • Driveway
  • Parking Lot
  • Unassigned Parking

Home Design

  • Penthouse
  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 3rd floor
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,919 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Electric Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Living Room
  • Dining Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Personal Watercraft
  • Waterski or Wakeboard
  • Powered Boats Permitted
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-08.00-42.00-57-5

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash, water
  • Bethany Bay Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Boat Ramp
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$843

Year Built

Built in 2002

Lot Details

0

HOA Fees

$598 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
  • Ownership: Condominium
  • Exclusions: All artwork on the walls and select art pieces and decor.
  • Inclusions: All bedroom furniture, sofa, living room lamps, kitchen table and chairs, patio furniture.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 3
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Window Features: Double Pane, Double Hung
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 4, Kitchen, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1919
  • Living Area Sq Ft: 1919
  • Price Per Sq Ft: 156.33
  • Above Grade Finished Sq Ft: 1919
  • Above Grade Finished Area Units: Square Feet

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access Features: Boat - Powered, Canoe/Kayak, Private Access, Waterski/Wakeboard, Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 5
  • 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, Driveway, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 416.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 458.54
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Ramp, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Golf Course Membership Available, Golf Course, Jog/Walk Path, Picnic Area, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 22500.00
  • Land Assessed Value: 500.00
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5125638
  • School Tax: 742.00
  • Tax Annual Amount: 843.00
  • Assessor Parcel Number: 134-08.00-42.00-57-5
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

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
Dec 27, 2019
Closed on
Jul 16, 2020
Sold by
Leone Samuel J and Leone Cheryl L
Bought by
Chan Hong K and Chan Thomas
Seller's Agent
Trevor Clark
1ST CHOICE PROPERTIES LLC
Buyer's Agent
Suzanne Macnab
RE/MAX Coastal
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%
Current Estimated Value
$514,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,293
Avg. Annual Appreciation
10.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chan Hong K $300,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $300,000 0.0% $156 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
05/18/2020 05/18/20 Price Changed $300,000 -3.2% $156 / Sq Ft
12/27/2019 12/27/19 For Sale $310,000 -- $162 / 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 $1,065 $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 $888 $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

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Map

Source: Bright MLS

MLS Number: DESU153110

Bright MLS

APN: 134-08.00-42.00-57-5