NOT LISTED FOR SALE

37448 Pettinaro Dr Unit 5706 Ocean View, DE 19970

Estimated Value: $383,104 - $520,000

4 Beds
4 Baths
1,919 Sq Ft
$631/mo HOA Fee

Last Sold July 23, 2020

Last sale price $312,000 $163 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,399/month

204 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Golf Course Community
  • Water Oriented
  • Lord Baltimore Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • Curved or Spiral Staircase

About This Home

As of July 2020

Wake up to the ultimate views of the Delaware beaches. This impeccably maintained former model of the Bethany Bay community has everything there is to offer. Whether you are looking for a beach getaway for your family or a successful rental property, this spot is sure to please. The amenity rich community has so much to offer. Families will have endless activities to enjoy while in the community, and is only a few miles to Bethany Beach. This condo comes with furnishings. Although the majority of ownership this condo was not rented, it has been the last few years and has been very successful. Keeping some prime weekends for themselves, the owners got over $22K in rentals renting just mid-June through August. Brand new washer/dryer, blinds and new deck, all in 2019, hot water heater replaced in 2012, new roof within the last 3 years, new garage door within the last 5 years. Do yourself a favor, and come experience these breathtaking views of the Indian River bridge in this spacious, cozy condo. It could all be yours...

Last Listed By

Jennifer Smith

Keller Williams Realty License #667574 Listed on: 11/19/2019

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $811

Year Built

  • Built in 2002

Lot Details

  • Property Fronts a Bay or Harbor
  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

Property Views

  • Bay
  • Panoramic
  • Golf Course

Home Design

  • Frame Construction
  • Pitched Roof
  • Wood Roof
  • Aluminum Siding

Interior Spaces

  • 1,919 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Curved or Spiral Staircase
  • Ceiling Fan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Carpet
  • Monitored

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Sport Court
  • Multiple Balconies
  • Storage Shed
  • Playground
  • Play Equipment

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-08.00-42.00-57-6

Community Details

Overview

  • Association fees include lawn maintenance, recreation facility, pool(s), water, sewer
  • Legum & Norman HOA
  • Low-Rise Condominium
  • Bethany Bay Subdivision
  • Property Manager

Amenities

  • Community Center
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$811

Year Built

Built in 2002

Lot Details

0

HOA Fees

$631 per month

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: Items in closets, items in garage, kitchen ware, bedding, shower curtains, all other personal items
  • Home Warranty: No
  • Inclusions: wall decorations, ceiling fans, major furniture items (beds, dressers, mirrors, coffee table, kitchen table/chairs, dining room table/chairs, sofa, loveseat, lamps, end tables, computer table/shelf piece, screened-in porch furniture). Other items may be n
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Remarks Public: Wake up to the ultimate views of the Delaware beaches. This impeccably maintained former model of the Bethany Bay community has everything there is to offer. Whether you are looking for a beach getaway for your family or a successful rental property, this spot is sure to please. The amenity rich community has so much to offer. Families will have endless activities to enjoy while in the community, and is only a few miles to Bethany Beach. This condo comes with furnishings. Although the majority of ownership this condo was not rented, it has been the last few years and has been very successful. Keeping some prime weekends for themselves, the owners got over $22K in rentals renting just mid-June through August. Brand new washer/dryer, blinds and new deck, all in 2019, hot water heater replaced in 2012, new roof within the last 3 years, new garage door within the last 5 years. Do yourself a favor, and come experience these breathtaking views of the Indian River bridge in this spacious, cozy condo. It could all be yours...
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Curved Staircase, Dining Area, Family Room Off Kitchen, Kitchen - Eat-In, Primary Bath(s), Primary Bedroom - Bay Front
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1919
  • Living Area Sq Ft: 1919
  • Price Per Sq Ft: 161.28
  • Above Grade Finished Sq Ft: 1919
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37448

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Play Area, Play Equipment, Sport Court, Tennis Court(s)
  • Roof: Pitched, Wood
  • View: Bay, Golf Course, Panoramic, Water
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Monitored, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1661.24
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 5916.60
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Community Center, Extra Storage, Golf Course, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Recreation Facility, Pool(s), Water, Sewer
  • HOA Name: LEGUM & NORMAN
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 21650.00
  • Land Assessed Value: 500.00
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Good, Very Good
  • Soil Types: Sandy
  • Year Assessed: 2019
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 22000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5125639
  • School Tax: 714.00
  • Tax Annual Amount: 811.00
  • Assessor Parcel Number: 134-08.00-42.00-57-6
  • Tax Total Finished Sq Ft: 1160
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 07/23/2020

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2002
Bought by
Gilbert Michael S and Gilbert Christine A
Total Days on Market
204
Current Estimated Value
$480,526

Range of Values:

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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
Gilbert Michael S $294,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delduca Virginia L $280,800
Closed Gilbert Michael S $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $312,000 +0.8% $163 / Sq Ft
03/24/2020 03/24/20 Price Changed $309,500 -2.0% $161 / Sq Ft
11/19/2019 11/19/19 For Sale $315,900 -- $165 / 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

  • Jennifer Smith

    Seller's Agent in 2020

    Jennifer Smith

    Keller Williams Realty

    (410) 320-6735

    2 in this area

    79 Total Sales

    Jennifer Smith
    Section Image
  • Corey Harris

    Buyer's Agent in 2020

    Corey Harris

    Crown Homes Real Estate

    (302) 729-2881

    2 in this area

    484 Total Sales

    Corey Harris
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU151818

Bright MLS

APN: 134-08.00-42.00-57-6

Delaware Sussex County Ocean View 19970

37448 Pettinaro Dr Unit 5706, Ocean View, DE

Homes for Sale in Ocean View, DE

This home is located at 37448 Pettinaro Dr Unit 5706, Ocean View, DE 19970 since 19 November 2019 and is currently estimated at $480,526, approximately $250 per square foot. This property was built in 2002. 37448 Pettinaro Dr Unit 5706 is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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