Seller's Agent in 2020
Kim Hamer
OCEAN ATLANTIC SOTHEBYS
(302) 745-9914
26 in this area
279 Total Sales
37720 Sandy Trap Dr Unit 1204 Ocean View, DE 19970
Estimated Value: $614,000 - $1,679,081
4
Beds
3.5
Baths
3,000
Sq Ft
$360/Sq Ft
Est. Value
Highlights
- Primary bedroom faces the bay
- Boat Ramp
- Beach
- Lord Baltimore Elementary School Rated A-
- 1 Dock Slip
- Boat or Launch Ramp
About This Home
As of October 2020RARE OFFERING IN SANDY COVE ON THE INDIAN RIVER BAY! Spectacular bay front end unit townhouse with panoramic views of the Indian River Bay and Indian River Inlet Bridge! Relax on your 2,000 square feet of wrap around decks and watch sunset, enjoy bay breezes, and see the Indian River Inlet Bridge lit up at night. Main level features a gourmet kitchen with island and stainless appliances, sunroom, dining room, large great room, and powder room. Sunroom leads out to the screened porch and wrap around decks. Living level has lots of hurricane rated windows to enjoy the views. First level features a two car garage, laundry room with utility sink, icemaker, and refrigerator, and large first level master suite with sitting room with surround sound. Suite leads out to a back patio and outdoor shower. Third level features two bedrooms that share a hallway bathroom and a large master suite with walk-in closets, sitting area with surround sounds, luxury bathroom with tile shower and jacuzzi tub. Suite leads out to covered deck then the wrap around deck with expansive open water views. Front two bedrooms have decks with views of the community pool and marina. Many upgrades including hardwood floors, granite counters, central vacuum, tankless hot water heater, three zones of HVAC, ice maker to fill your boat cooler, crown molding, surround sound system, wine refrigerator, additional laundry room on third floor, security system with cameras, landscape lighting, hurricane windows, & more! All rooms have speakers for music and master bedrooms on 1st and 3rd floor and great room have surround sound theater package as well. Waterfront community offers marina, boat ramp, pool, private beach, fishing & crabbing pier, & easy access to the Indian River Bay & Atlantic Ocean! Deeded slip 41 with electric lift conveys for your boat. Boat to Paradise for lunch or easy access to the ocean for fishing. Walk or bike to local Ocean View restaurants, hardware store, and grocery store. Start enjoying beach and bay life today!
Last Agent to Sell the Property
(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 09/05/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,655
Year Built
- Built in 2008
Lot Details
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- Sandy Beach
- Landscaped
- Sprinkler System
HOA Fees
- $394 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 2 Driveway Spaces
- Garage Door Opener
Home Design
- Coastal Architecture
- Slab Foundation
- Metal Roof
- HardiePlank Type
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Window Treatments
- Great Room
- Sitting Room
- Dining Room
- Sun or Florida Room
- Bay Views
- Surveillance System
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Primary bedroom faces the bay
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on lower level
- Washer
Outdoor Features
- Outdoor Shower
- Water Access
- Property near a bay
- Rip-Rap
- Electric Hoist or Boat Lift
- Boat or Launch Ramp
- 1 Dock Slip
- Physical Dock Slip Conveys
- Stream or River on Lot
- Lake Privileges
- Deck
- Screened Patio
Location
- Flood Risk
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 134-08.00-154.00-1204
Community Details
Overview
- $900 Capital Contribution Fee
- Association fees include common area maintenance, trash, snow removal, road maintenance, reserve funds, pool(s), pier/dock maintenance, lawn maintenance
- $125 Other One-Time Fees
- Sandy Cove HOA
- Sandy Cove Community
- Sandy Cove Subdivision
Amenities
- Picnic Area
Recreation
- Boat Ramp
- Boat Dock
- Pier or Dock
- Beach
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2020
Closed on
Oct 28, 2020
Sold by
Pavelick Edward and Pavelick Linda
Bought by
Vanness Adam M and Luu-Vanness Sandy
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Rhonda Frick
Long & Foster Real Estate, Inc.
List Price
$1,224,900
Sold Price
$1,200,000
Premium/Discount to List
-$24,900
-2.03%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$120,480
Avg. Annual Appreciation
-2.12%
Original Mortgage
$960,000
Outstanding Balance
$854,264
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$225,256
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vanness Adam M | $1,200,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vanness Adam M | $960,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2020 10/29/20 | Sold | $1,200,000 | -2.0% | $400 / Sq Ft |
| 09/14/2020 09/14/20 | Pending | -- | -- | -- |
| 09/05/2020 09/05/20 | For Sale | $1,224,900 | -- | $408 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,474 | $41,900 | $0 | $41,900 |
| 2024 | $1,830 | $41,900 | $0 | $41,900 |
| 2023 | $1,830 | $41,900 | $0 | $41,900 |
| 2022 | $1,801 | $41,900 | $0 | $41,900 |
| 2021 | $1,748 | $41,900 | $0 | $41,900 |
| 2020 | $1,686 | $41,900 | $0 | $41,900 |
| 2019 | $1,679 | $41,900 | $0 | $41,900 |
| 2018 | $1,714 | $44,500 | $0 | $0 |
| 2017 | $1,697 | $44,500 | $0 | $0 |
| 2016 | $1,573 | $45,900 | $0 | $0 |
| 2015 | $1,607 | $45,500 | $0 | $0 |
| 2014 | $1,588 | $45,650 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Hamer
-
Rhonda Frick
Buyer's Agent in 2020
Rhonda Frick
Long & Foster
(302) 236-1456
11 in this area
126 Total Sales
Map
Source: Bright MLS
MLS Number: DESU168222
APN: 134-08.00-154.00-1204
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