NOT LISTED FOR SALE

37462 Pettinaro Dr Unit 7005 Ocean View, DE 19970

Estimated Value: $390,000 - $405,000

2 Beds
2 Baths
1,166 Sq Ft
$530/mo HOA Fee

Last Sold October 15, 2021

Last sale price $350,000 $300 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,725/month

Highlights

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

About This Home

As of October 2021

JUST REDUCED! Beautiful quiet community with many amenities, water views of ponds and Indian River Bay. Designer decorated and prior model home and one of last built. Enjoy nature at its finest and close to the beach.
Escape the everyday at Bethany Bay Resort Community and Golf Club located on the shore of the Indian River Bay in beautiful Bethany Beach, Delaware. This 2 bedroom, 2 bath third floor condo is in a friendly, inviting neighborhood amidst 200 acres of protected natural wonderland, you’ll find your very own oasis of luxurious living, your place to relax, refresh, re-energize and to discover one another once again. Here, you’ll have the best of both worlds: the luxury of a “get-away-from-it-all” retreat and the convenience of a "close-to-everything" location. The lush natural beauty of our inland waterway location sets a dramatic counterpoint to manicured lawns and our beautifully-maintained 9 hole Par 3 golf course, accented by the free-form pool, pool-side spa, tennis court, pickleball and kiddie pool. Check out You Tube Video!

Last Agent to Sell the Property

CHARISSA JOACHIMOWSKI

(302) 542-6369 charissa@wilgusassociates.com WILGUS ASSOCIATES B License #RS-0014805 Listed on: 06/22/2021

Last Buyer's Agent

Rose Walker

(302) 745-0614 rose@rosesbythesea.com Patterson-Schwartz-OceanView License #RS-0013448

Patterson-Schwartz-OceanView

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $812

Year Built

  • Built in 2010

Lot Details

  • Home fronts navigable water

HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Entry on the 3rd floor
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,166 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • 1 Fireplace
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Property near a bay
  • Lake Privileges

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-08.00-42.00-70-5

Community Details

Overview

  • $1,824 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, insurance, lawn maintenance, pier/dock maintenance, pool(s), road maintenance, high speed internet
  • Low-Rise Condominium
  • Bethany Bay Subdivision

Amenities

  • Clubhouse
  • Community Center

Recreation

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$812

Year Built

Built in 2010

Lot Details

0

HOA Fees

$530 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: Excluded Items: Misc. Kitchen Items, Iron Sculpture on the Porch, Wall Hanging in Entry Hall, Some Knick-Knacks. Negotiable Items: kayak, and 2 stand up paddle boards in the garage.
  • Home Warranty: No
  • Inclusions: Being sold furnished except personal items. 2 bikes in garage are included.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-06-22
  • Federal Flood Zone: No
  • Year Built: 2010
  • Automatically Close On Close Date: Yes
  • Remarks Public: JUST REDUCED! Beautiful quiet community with many amenities, water views of ponds and Indian River Bay. Designer decorated and prior model home and one of last built. Enjoy nature at its finest and close to the beach. Escape the everyday at Bethany Bay Resort Community and Golf Club located on the shore of the Indian River Bay in beautiful Bethany Beach, Delaware. This 2 bedroom, 2 bath third floor condo is in a friendly, inviting neighborhood amidst 200 acres of protected natural wonderland, you’ll find your very own oasis of luxurious living, your place to relax, refresh, re-energize and to discover one another once again. Here, you’ll have the best of both worlds: the luxury of a “get-away-from-it-all” retreat and the convenience of a "close-to-everything" location. The lush natural beauty of our inland waterway location sets a dramatic counterpoint to manicured lawns and our beautifully-maintained 9 hole Par 3 golf course, accented by the free-form pool, pool-side spa, tennis court, pickleball and kiddie pool. Check out You Tube Video!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1166
  • Living Area Sq Ft: 1166
  • Price Per Sq Ft: 304.37
  • Above Grade Finished Sq Ft: 1166
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37462

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
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Additional Storage Area, Covered Parking
  • 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 - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 599.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 330.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Boat Ramp, Club House, Community Center, Fitness Center, Golf Course Membership Available, 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, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Pier/Dock Maintenance, Pool(s), Road Maintenance, High Speed Internet
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1824.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 20300.00
  • Land Assessed Value: 300.00
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 6576213
  • School Tax: 720.00
  • Tax Annual Amount: 812.00
  • Assessor Parcel Number: 134-08.00-42.00-70-5
  • Tax Total Finished Sq Ft: 1166
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 10/15/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Oct 15, 2021
Sold by
Macario Holly S
Bought by
Johnson Michael B and Johnson Jennifer V
Seller's Agent
CHARISSA JOACHIMOWSKI
WILGUS ASSOCIATES B
Buyer's Agent
Rose Walker
Patterson-Schwartz-OceanView
List Price
$379,900
Sold Price
$350,000
Premium/Discount to List
-$29,900
-7.87%
Current Estimated Value
$400,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,140
Avg. Annual Appreciation
3.42%
Original Mortgage
$280,000
Outstanding Balance
$256,250
Interest Rate
3.05%
Estimated Equity
$143,890

Purchase Details

Closed on
Jan 11, 2021
Sold by
Macario Leonard V and Macario Holly S
Bought by
Macario Holly S

Purchase Details

Closed on
Mar 15, 2017
Sold by
Linder And Company Inc
Bought by
Macario Holly S and Macario Leonard V
Source: Public Records

Range of Values:

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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
Johnson Michael B $350,000 None Available
Macario Holly S -- None Available
Macario Holly S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Michael B $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $350,000 -1.4% $300 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/26/2021 08/26/21 Price Changed $354,900 -2.7% $304 / Sq Ft
07/16/2021 07/16/21 Price Changed $364,900 -3.9% $313 / Sq Ft
06/22/2021 06/22/21 For Sale $379,900 -- $326 / 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 $774 $20,300 $0 $20,300
2024 $869 $20,300 $0 $20,300
2023 $869 $20,300 $0 $20,300
2022 $856 $20,300 $0 $20,300
2021 $831 $20,300 $0 $20,300
2020 $798 $20,300 $0 $20,300
2019 $795 $20,300 $0 $20,300
2018 $802 $20,600 $0 $0
2017 $785 $20,600 $0 $0
2016 $723 $20,600 $0 $0
2015 $744 $20,600 $0 $0
2014 $817 $23,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2000540

Bright MLS

APN: 134-08.00-42.00-70-5