NOT LISTED FOR SALE

37464 Pettinaro Dr Unit 7206 Ocean View, DE 19970

Estimated Value: $530,000 - $560,369

4 Beds
4 Baths
1,833 Sq Ft
$191/mo HOA Fee

Last Sold March 11, 2022

Last sale price $451,000 $246 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,278/month

2 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Pier or Dock
  • Penthouse
  • Lord Baltimore Elementary School Rated A-
  • Fitness Center
  • Water Oriented

About This Home

As of March 2022

+Commanding Views *Top Level *Corner Location *
Furnished and stylish, this property in the Bethany Bay Community offers four bedrooms, four bathrooms, and is drenched in natural light. The penthouse-level, corner unit location offers commanding views of wetlands, Collins Creek, the community pond, glimpses of Indian River Bay, and all the wildlife that goes with it. Newly installed luxury vinyl planking is on the main level along with a princess suite and an additional bedroom with access to the bathroom/guest  bathroom. The kitchen is fitted with granite countertop, stainless steel appliances, dining for eight people, and a pass-through with bar offering views to the front and back. The living room is stylishly appointed offering access through a glass slider to a corner, screened-in patio. Take in the views of Collins Creek, Edgar Prong, Indian River Bay, and all the wildlife that comes with it. Upstairs offers a third en suite bedroom with sunset views and a very generous master suite. The community of Bethany Bay rests on 420 scenic acres with amenities including an outdoor pool and spa, boating dock, 9 hole golf course (pay as you play), walking trails, fitness center, volleyball, basketball, and tennis courts, and clubhouse. Registered boat craft can be stored at the Bethany Bay boat storage for a fee. Approximately 5.5 miles to Bethany Beach.

Last Agent to Sell the Property

Paul Paolini

Keller Williams Realty License #RS-0037082 Listed on: 02/08/2022

Keller Williams Realty

Last Buyer's Agent

Suzanne Macnab

RE/MAX Coastal License #RS-0012856

RE/MAX Coastal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $968

Year Built

  • Built in 2012

Lot Details

  • Creek or Stream
  • No Units Above
  • 1 Common Wall
  • East Facing Home
  • Property is in excellent condition

HOA Fees

Parking

  • 1 Car Detached Garage
  • 1 Driveway Space
  • Parking Storage or Cabinetry
  • Parking Lot
  • Off-Street Parking

Property Views

  • Bay
  • River
  • Pond
  • Woods
  • Creek or Stream

Home Design

  • Penthouse
  • Coastal Architecture
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,833 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Electric Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Water Oriented
  • Lake Privileges
  • Screened Patio
  • Exterior Lighting

Location

  • Flood Risk
  • Property is near a creek

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-08.00-42.00-72-6

Community Details

Overview

  • Association fees include water, trash, exterior building maintenance, common area maintenance, recreation facility, road maintenance, snow removal
  • Legum And Norman Attn: Bethany Bay HOA, Phone Number (703) 600-6000
  • Low-Rise Condominium
  • Bethany Bay HOA Condos, Phone Number (302) 539-3633
  • Built by Pettinaro
  • Bethany Bay Subdivision

Amenities

  • Clubhouse
  • Community Center

Recreation

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

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$968

Year Built

Built in 2012

Lot Details

0

HOA Fees

$191 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: Property in garage does NOT convey.
  • Home Warranty: No
  • Inclusions: All furnishings inside the home.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-02-09
  • Federal Flood Zone: Yes
  • Year Built: 2012
  • Automatically Close On Close Date: No
  • Remarks Public: +Commanding Views *Top Level *Corner Location * Furnished and stylish, this property in the Bethany Bay Community offers four bedrooms, four bathrooms, and is drenched in natural light. The penthouse-level, corner unit location offers commanding views of wetlands, Collins Creek, the community pond, glimpses of Indian River Bay, and all the wildlife that goes with it. Newly installed luxury vinyl planking is on the main level along with a princess suite and an additional bedroom with access to the bathroom/guest  bathroom. The kitchen is fitted with granite countertop, stainless steel appliances, dining for eight people, and a pass-through with bar offering views to the front and back. The living room is stylishly appointed offering access through a glass slider to a corner, screened-in patio. Take in the views of Collins Creek, Edgar Prong, Indian River Bay, and all the wildlife that comes with it. Upstairs offers a third en suite bedroom with sunset views and a very generous master suite. The community of Bethany Bay rests on 420 scenic acres with amenities including an outdoor pool and spa, boating dock, 9 hole golf course (pay as you play), walking trails, fitness center, volleyball, basketball, and tennis courts, and clubhouse. Registered boat craft can be stored at the Bethany Bay boat storage for a fee. Approximately 5.5 miles to Bethany Beach.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Refrigerator, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Bay Front, Recessed Lighting, Stall Shower
  • Window Features: Double Pane, Insulated, Screens
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall, No One Above
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings, Dry Wall
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Levels Count: 3
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom, Screened Porch
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1833
  • Living Area Sq Ft: 1833
  • Price Per Sq Ft: 233.50
  • Above Grade Finished Sq Ft: 1833
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37464

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
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Frame, Stick Built
  • Exterior Features: Exterior Lighting, Street Lights
  • Road Surface Type: Black Top
  • View: Creek/Stream, Water, Trees/Woods, Street, River, Pond, Bay
  • Water Access: No
  • Water Body Name: Edgar Prong, White Creek, Indian River Bay
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Parking Lot, Off Street, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available, Electric Available, Water Available, Sewer Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 460.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 113.75
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Bethany Bay HOA
  • Condo Co-Op Phone: 302-539-3633
  • HOA Condo Co-Op Amenities: Fitness Center, Pool - Outdoor, Tennis Courts, Club House, Golf Course Membership Available, Tot Lots/Playground, Jog/Walk Path, Community Center, Pier/Dock, Water/Lake Privileges, Volleyball Courts, Hot Tub, Basketball Courts
  • HOA Condo Co-Op Fee Includes: Water, Trash, Ext Bldg Maint, Common Area Maintenance, Recreation Facility, Road Maintenance, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: LEGUM AND NORMAN ATTN: BETHANY BAY HOA
  • HOA Phone: 703-600-6000
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 0.50

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
  • Outdoor Living Structures: Screened, Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RC RES: CONDO
  • In City Limits: No

Building Info

  • Builder Name: Pettinaro

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 6576226
  • School Tax: 858.00
  • Tax Annual Amount: 968.00
  • Assessor Parcel Number: 134-08.00-42.00-72-6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/11/2022

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
Feb 8, 2022
Closed on
Mar 1, 2022
Sold by
Nhu Mark T
Bought by
Ferara William R and Ferara Maureen
Seller's Agent
Paul Paolini
Keller Williams Realty
Buyer's Agent
Suzanne Macnab
RE/MAX Coastal
List Price
$428,000
Sold Price
$451,000
Premium/Discount to List
$23,000
5.37%
Total Days on Market
2
Current Estimated Value
$540,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,842
Avg. Annual Appreciation
5.74%
Original Mortgage
$405,900
Outstanding Balance
$382,496
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$159,652
Source: Public Records

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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
Ferara William R $451,000 Mccartney & Owens Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferara William R $405,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $451,000 +5.4% $246 / Sq Ft
02/08/2022 02/08/22 For Sale $428,000 -- $233 / 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 $1,032 $23,950 $0 $23,950
2023 $1,032 $23,950 $0 $23,950
2022 $1,016 $23,950 $0 $23,950
2021 $987 $23,950 $0 $23,950
2020 $947 $23,950 $0 $23,950
2019 $966 $23,950 $0 $23,950
2018 $951 $24,550 $0 $0
2017 $936 $24,550 $0 $0
2016 $845 $24,250 $0 $0
2015 $871 $24,250 $0 $0
2014 $848 $23,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Paolini

    Seller's Agent in 2022

    Paul Paolini

    Keller Williams Realty

    (703) 927-5158

    2 in this area

    40 Total Sales

    Paul Paolini
    Section Image
  • Suzanne Macnab

    Buyer's Agent in 2022

    Suzanne Macnab

    RE/MAX

    (302) 228-1251

    87 in this area

    292 Total Sales

    Suzanne Macnab
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2014976

Bright MLS

APN: 134-08.00-42.00-72-6

Delaware Sussex County Ocean View 19970

37464 Pettinaro Dr Unit 7206, Ocean View, DE

This home is located at 37464 Pettinaro Dr Unit 7206, Ocean View, DE 19970 since 08 February 2022 and is currently estimated at $540,842, approximately $295 per square foot. This property was built in 2012. 37464 Pettinaro Dr Unit 7206 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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