NOT LISTED FOR SALE

37487 Seaside Dr Ocean View, DE 19970

Estimated Value: $544,455 - $1,089,000

3 Beds
3.5 Baths
4,450 Sq Ft
$208/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $1,035,000 $233 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $5,425/month

25 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Pier or Dock
  • Property Fronts a Bay or Harbor
  • Lord Baltimore Elementary School Rated A-
  • Access to Tidal Water
  • Fitness Center

About This Home

As of February 2024

Breathtaking bayfront beauty that has it all! This larger than life home boasts a private movie theatre, billiards game room, 4 season sun room, 2 primary suites, private dining room, elevator and so much more. There could be up to 5 bedrooms since the theater and den can easily be converted to bedrooms, if desired. Original owner spared no expense with builder upgrades including extended garage, primary and great room bump outs, waterfront upstairs deck, high tech surround sound system and security, outdoor shower and more. Entertain or just relax and take in the views from the gorgeous patio, featuring an outdoor kitchen with grill. New fence installed, new carpet in many areas AND brand new HVAC system. You will never want to leave this piece of paradise overlooking nature and our treasured waterways.

Last Agent to Sell the Property

JENNIFER SMITH

(302) 245-7581 jennysellsthebeach@gmail.com Keller Williams Realty License #RS-0024095 Listed on: 12/05/2023

Keller Williams Realty

Last Buyer's Agent

Shawn Kotwica

(724) 840-0572 shawn.kotwica@cbmove.com Coldwell Banker Realty License #653192

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 2007

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 84.00 x 176.00
  • Property Fronts a Bay or Harbor
  • Wrought Iron Fence
  • Extensive Hardscape
  • Sprinkler System
  • Property is zoned MR

HOA Fees

  • $324 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Side Facing Garage
  • Fenced Parking

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 4,450 Sq Ft Home
  • Property has 2 Levels
  • 1 Elevator
  • Sound System
  • 1 Fireplace
  • Window Treatments
  • Bay Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • Walk-In Closet

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Water Oriented
  • Property near a bay
  • Patio
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Zoned Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 134-08.00-566.00

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, management, pool(s)
  • White Creek At Bethany Subdivision

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,860

Year Built

Built in 2007

Lot Details

0

HOA Fees

$324 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-12-07
  • Federal Flood Zone: Yes
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Elevator, Entry Level Bedroom, Primary Bedroom - Bay Front, Sound System, Walk-In Closet(s), Window Treatments
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 4450
  • Living Area Sq Ft: 4450
  • Price Per Sq Ft: 241.57
  • Above Grade Finished Sq Ft: 4450
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37487

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Extensive Hardscape, Bbq Grill, Gutter System, Lawn Sprinkler, Outside Shower
  • View: Bay
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 1

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Fenced, Asphalt Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 324.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Fitness Center, Jog/Walk Path, Pier/Dock, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pool(s)
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

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

Lot Info

  • Fencing: Wrought Iron
  • Land Use Code: 999
  • Lot Size Acres: 0.32
  • Lot Dimensions: 84.00 x 176.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13939.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2023
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2552.00
  • Tax Annual Amount: 2860.00
  • Assessor Parcel Number: 134-08.00-566.00
  • Tax Lot: 28
  • Tax Total Finished Sq Ft: 1398
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 02/09/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Feb 9, 2024
Sold by
Phillips Ronald D and Phillips Karen S
Bought by
Olivarus-Imlah Marypat and Launi Joseph D
Seller's Agent
JENNIFER SMITH
Keller Williams Realty
Buyer's Agent
Shawn Kotwica
Coldwell Banker Realty
List Price
$1,075,000
Sold Price
$1,035,000
Premium/Discount to List
-$40,000
-3.72%
Views
64
Current Estimated Value
$923,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$111,136
Avg. Annual Appreciation
-6.69%

Purchase Details

Listed on
Oct 20, 2021
Closed on
Mar 31, 2022
Sold by
Blasena John W
Bought by
Phillips Ronald D and Phillips Karen S
Seller's Agent
Dayna Feher
Keller Williams Realty
Buyer's Agent
JENNIFER SMITH
Keller Williams Realty
List Price
$1,100,000
Sold Price
$1,025,000
Premium/Discount to List
-$75,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.52%
Original Mortgage
$922,000
Interest Rate
4.67%
Mortgage Type
New Conventional
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
Olivarus-Imlah Marypat $1,035,000 None Listed On Document
Phillips Ronald D $1,025,000 Murrayphillips Pa
Phillips Ronald D $1,025,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Ronald D $922,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $1,035,000 -3.7% $233 / Sq Ft
12/05/2023 12/05/23 For Sale $1,075,000 +4.9% $242 / Sq Ft
03/31/2022 03/31/22 Sold $1,025,000 -6.8% $230 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $1,100,000 -- $247 / 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 $2,434 $69,250 $13,500 $55,750
2024 $2,923 $69,250 $13,500 $55,750
2023 $2,923 $69,250 $13,500 $55,750
2022 $2,853 $69,250 $13,500 $55,750
2021 $2,394 $69,250 $13,500 $55,750
2020 $2,278 $69,250 $13,500 $55,750
2019 $2,266 $69,250 $13,500 $55,750
2018 $2,291 $69,250 $0 $0
2017 $2,640 $69,250 $0 $0
2016 $1,915 $69,250 $0 $0
2015 $2,463 $69,250 $0 $0
2014 $2,427 $69,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2052072

Bright MLS

APN: 134-08.00-566.00