NOT LISTED FOR SALE

37619 Pine Rd Selbyville, DE 19975

Estimated Value: $933,000 - $1,416,000

4 Beds
2.5 Baths
2,427 Sq Ft
$497/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $1,450,000 $597 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $6,526/month

104 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Primary bedroom faces the bay
  • Boat Ramp
  • Phillip C. Showell Elementary School Rated A-
  • 1 Dock Slip
  • Bay View

About This Home

As of July 2024

This exquisite residence in the sought after Keen-Wik on the Bay is the one you have been waiting for! A rare opportunity to own this custom built and meticulously maintained property designed to capture panoramic views with a premiere direct bayfront location.
Showcasing 4-bedrooms, 2 1⁄2 baths with oversized 2 car garage, private boat dock, outdoor shower, fenced rear yard and extensive hardscaping making this your perfect Bayfront Retreat. The main level offers a stunning great room with hardwood floors throughout and a four panel, 12' slider opening to gorgeous views of the bay on the large screened porch, with ceiling speakers and fans to enjoy a relaxing morning coffee or evening cocktails. The Gourmet kitchen is a culinary delight featuring high end stainless steel appliances, an abundance of Custom cabinetry with soft close, walk-in pantry, designer lighting, farmhouse sink, quartz counter tops and large island that is adjoined to the waterfront dining area to enjoy meals with a breathtaking view.
The stunning waterfront views continue in the Primary bedroom complete with a custom barndoor leading you to 2 walk-in closets and spa-like ensuite featuring dual vanities with quartz counters, framed mirrors, private water closet and oversized shower with rain shower head.
The two guest rooms are on the other side of the main floor for privacy and comfort. The staircase to the second floor leads to the perfect custom built bunk room with built in window seat, shelving and extra finished storage closets. The Main floor also features Home office with glass French door, a mudroom with custom cabinets and sink, built- in drop zone bench and shelving, and front load appliances. Designer lighting and custom trim work are showcased through out the home.
On the exterior the attention to detail is shown in the extensive paver hardscaping of the lead walks, driveway and additional paver parking for your guests, the rear paver patio with firepit provide a perfect oasis for enjoying a private sunset. Cruise the bay to waterfront restaurants by boat or crab and fish offshore. Don’t wait to enjoy waterfront living at its finest with just a short 2.5 miles to Fenwick and Ocean City Beaches! There is no detail overlooked in this amazing property.

Last Agent to Sell the Property

Courtney Bouloucon

(443) 373-9594 Courtney@CourtneySellsTheBeach.com Coldwell Banker Realty License #RS-0023099 Listed on: 03/07/2024

Coldwell Banker Realty

Co-Listed By

Elizabeth Kilroy

(443) 250-9688 elizabeth@elizabethkilroy.com Coldwell Banker Realty

Last Buyer's Agent

Nancy Reither

(410) 603-5050 nreither@cbmove.com Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,326

Year Built

  • Built in 2015

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75.00 x 120.00
  • 20 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Landscaped
  • Extensive Hardscape
  • Cleared Lot
  • Property is in very good condition
  • Property is zoned MR

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Bay
  • Panoramic

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,427 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Sound System
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Home Office
  • Crawl Space

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Rip-Rap
  • Boat Ramp
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • 200+ Amp Service
  • Tankless Water Heater
  • Propane Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Keen Wik Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 533-19.12-68.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,326

Year Built

Built in 2015

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Craftsman
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-03-09
  • Federal Flood Zone: Yes
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Water Heater - Tankless
  • Flooring Type: Ceramic Tile, Hardwood, Luxury Vinyl Plank
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bedroom - Bay Front, Sound System, Upgraded Countertops, Walk-In Closet(s), Built-Ins
  • Window Features: Double Pane, Low-E
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Office
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2427
  • Living Area Sq Ft: 2427
  • Price Per Sq Ft: 658.84
  • Above Grade Finished Sq Ft: 2427
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding, Stone
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outside Shower
  • Roof: Architectural Shingle
  • View: Bay, Panoramic, Water
  • Water Access Features: Private Access, Boat - Powered, Canoe/Kayak
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 20

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway, Private
  • Garage Features: Garage - Front Entry, Built In, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane, Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone, Under Ground
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 55.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Features: Landscaping, Cleared, Rip-Rapped
  • Lot Size Acres: 0.20
  • Lot Dimensions: 75.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened, Deck(s)
  • Property Condition: Very Good
  • Zoning: MR
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 1183.00
  • Tax Annual Amount: 1326.00
  • Assessor Parcel Number: 533-19.12-68.00
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Boat/Launch Ramp - Private, Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2025
Sold by
Raver Timothy
Bought by
Timothy T Raver Revocable Living Trust and Raver
Current Estimated Value
$1,206,062

Purchase Details

Listed on
Mar 7, 2024
Closed on
Jul 17, 2024
Sold by
Shue Bret E and Shue Melinda
Bought by
Raver Timothy and Raver Mary R
Seller's Agent
Courtney Bouloucon
Coldwell Banker Realty
Buyer's Agent
Nancy Reither
Coldwell Banker Realty
List Price
$1,650,000
Sold Price
$1,450,000
Premium/Discount to List
-$200,000
-12.12%
Views
106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.01%

Purchase Details

Listed on
Oct 31, 2011
Closed on
Oct 15, 2012
Sold by
Hannahs Mark N and Hannahs Angela A
Bought by
Shue Bret E and Shue Melinda
Seller's Agent
Kim Hook
RE/MAX Coastal
Buyer's Agent
Kim Hook
RE/MAX Coastal
List Price
$492,000
Sold Price
$492,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Timothy T Raver Revocable Living Trust -- None Listed On Document
Raver Timothy $1,450,000 None Listed On Document
Shue Bret E $492,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2024 07/17/24 Sold $1,450,000 -9.3% $597 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
05/30/2024 05/30/24 Price Changed $1,599,000 +0.6% $659 / Sq Ft
05/30/2024 05/30/24 Price Changed $1,590,000 -3.6% $655 / Sq Ft
04/10/2024 04/10/24 Price Changed $1,650,000 0.0% $680 / Sq Ft
04/10/2024 04/10/24 For Sale $1,650,000 -2.9% $680 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $1,700,000 +245.5% $700 / Sq Ft
10/15/2012 10/15/12 Sold $492,000 0.0% -- View Prior Sale
07/10/2012 07/10/12 Pending -- -- --
10/31/2011 10/31/11 For Sale $492,000 -- --
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 $2,419 $32,100 $5,000 $27,100
2024 $1,371 $32,100 $5,000 $27,100
2023 $1,369 $32,100 $5,000 $27,100
2022 $1,348 $32,100 $5,000 $27,100
2021 $1,309 $32,100 $5,000 $27,100
2020 $1,215 $32,100 $5,000 $27,100
2019 $1,250 $32,100 $5,000 $27,100
2018 $1,238 $32,100 $0 $0
2017 $1,248 $32,100 $0 $0
2016 $1,102 $32,100 $0 $0
2015 $1,136 $32,100 $0 $0
2014 $600 $16,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2056992

Bright MLS

APN: 533-19.12-68.00