NOT LISTED FOR SALE

37785 Cedar Rd Selbyville, DE 19975

Estimated Value: $1,415,000 - $1,950,000

4 Beds
4 Baths
3,900 Sq Ft
$457/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $1,450,000 $372 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,569/month

10 Days on Market

Highlights

  • 85 Feet of Waterfront
  • Primary bedroom faces the bay
  • Access to Tidal Water
  • Phillip C. Showell Elementary School Rated A-
  • 1 Dock Slip
  • Fishing Allowed

About This Home

As of July 2021

This coastal custom home nestled in the Assawoman Bay community of Rumbly Marsh showcases water views from almost every room!  The fantastic curb appeal is by design with gorgeous lush landscaping flanking a long & graceful brick walkway to the front porch.  Spend time relaxing and enjoying your downtime surrounded by tranquil Bay views that are the backdrop for the backyard oasis.  You can navigate your boat right up to your own 65 foot dock and clean your daily catch on the marble topped fish cleaning table!  The boat lift capacity is 14,000 lbs. to support your watercraft of choice.  This exceptional property will appeal to the discerning buyer who will appreciate the many high-end appointments from the porcelain flooring with intricate inlay, rich hardwood, earthy grass cloth, cool marble and ornamental crown molding.  Guests will be drawn to the gourmet kitchen boasting porcelain floors with striking custom inlays, sleek double stacked granite countertops, a Travertine tiled backsplash, 42” inch soft close cabinetry, custom built-ins with pull out drawers, a spacious stand-alone center island with prep sink, a Sub-Zero side-by-side refrigerator, a Jenn-Air cooktop and oven.  A bright and airy sunroom with vaulted ceilings, skylights and a wall of windows allow for natural light to flow through this living space.  Expansive Pella windows, polished marble floors and a wood burning fireplace adorn a spacious family room.  Looking for some seclusion?  Curl-up with a good book in the main floor sitting room.  Transition outside to a large wrap-around, low-maintenance Trex deck embellished by stone, built-in bench seating, exterior deck lighting and two access doors beneath giving extra space to store your boating equipment.  The main floor has two bedrooms, one en-suite, laundry room and garage access.  Take the curved sweeping staircase upstairs to the primary bedroom w/fireplace, walk-in closet and separate sitting room/office overlooking the water.  The en-suite bath is complete with dual sink vanity w/granite counters, a separate stall shower and jetted tub.  Another en-suite bedroom and large storage room complete the upper level.  Updates include a new heat pump and fresh paint.  Enjoy direct waterfront living and spend your days fishing, boating, or crabbing or taking an evening boat ride to the local water access restaurants.  Just minutes to the beaches in Fenwick Island and Ocean City, Maryland.  This home is being sold furnished and is turn-key ready!  Don’t miss this opportunity to own a piece of paradise!

Last Agent to Sell the Property

Tom Ruch

(302) 539-0800 tomruch@northroprealty.com Northrop Realty License #RS-0025135 Listed on: 05/20/2021

Northrop Realty

Last Buyer's Agent

Rhonda Frick

(302) 539-9040 rhonda@rhondafrick.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1987

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 85.00 x 143.00
  • 85 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Private Lot
  • Secluded Lot
  • Premium Lot
  • Level Lot
  • Partially Wooded Lot
  • Front Yard
  • Property is in excellent condition
  • Property is zoned MR

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Bay
  • City
  • Canal
  • Garden

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Wood Walls
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,900 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Curved or Spiral Staircase
  • Chair Railings
  • Crown Molding
  • Brick Wall or Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Includes Fireplace Accessories
  • Fireplace Mantel
  • Brick Fireplace
  • Replacement Windows
  • Insulated Windows
  • Double Hung Windows
  • Atrium Windows
  • Sliding Windows
  • Casement Windows
  • French Doors
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Crawl Space
  • Attic Fan

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Built-In Self-Cleaning Oven
  • Electric Oven or Range
  • Stove
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Personal Watercraft
  • Bulkhead
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Deck
  • Exterior Lighting
  • Rain Gutters
  • Wrap Around Porch

Location

  • Flood Zone Lot
  • Flood Risk

Schools

  • Phillip C. Showell Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Vented Exhaust Fan
  • Hot Water Baseboard Heater
  • 220 Volts
  • 200+ Amp Service
  • Water Treatment System
  • Private Water Source
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 533-20.09-133.00

Community Details

Overview

  • No Home Owners Association
  • Rumbly Marsh Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,227

Year Built

Built in 1987

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: See exclusions addendum to be uploaded
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-05-21
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Refrigerator, Icemaker, Disposal, Microwave, Washer, Dryer, Water Heater, Exhaust Fan, Built-In Microwave, Dishwasher, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Stove
  • Flooring Type: Hardwood, Marble, Carpet, Stone
  • Interior Amenities: Attic, Ceiling Fan(s), Crown Moldings, Chair Railings, Carpet, Curved Staircase, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Island, Kitchen - Gourmet, Pantry, Primary Bath(s), Primary Bedroom - Bay Front, Recessed Lighting, Skylight(s), Soaking Tub, Wood Floors, Walk-In Closet(s), Attic/House Fan, Breakfast Area, Cedar Closet(s), Combination Kitchen/Dining, Floor Plan - Open, Stall Shower, Upgraded Countertops, Water Treat System, Window Treatments
  • Window Features: Atrium, Casement, Double Hung, Energy Efficient, Insulated, Replacement, Skylights, Sliding
  • Fireplace Features: Wood, Equipment, Fireplace - Glass Doors, Brick, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French, Insulated, Sliding Glass
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings, Brick, Vaulted Ceilings, Wood Walls
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Breakfast Room, Laundry, Storage Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3900
  • Living Area Sq Ft: 3900
  • Price Per Sq Ft: 384.62
  • Above Grade Finished Sq Ft: 3900
  • Above Grade Finished Area Units: Square Feet

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Gutter System, Sidewalks
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • View: Bay, City, Canal, Garden/Lawn
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Public Access
  • Water Access: Yes
  • Water Body Name: Assawoman Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 85

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Paved Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access, Additional Storage Area, Built In, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 200+ Amp Service, 220 Volts
  • Heating Fuel: Electric, Oil
  • Heating Type: Heat Pump(s), Baseboard - Hot Water, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public, Private/Community Water

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: PHILLIP C. SHOWELL
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Flood Plain, Landscaping, Level, Partly Wooded, Premium, Private, Secluded, Bulkheaded, Front Yard, No Thru Street
  • Lot Size Acres: 0.26
  • Lot Dimensions: 85.00 x 143.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11326.00
  • Outdoor Living Structures: Deck(s), Wrap Around, Brick, Porch(es), Roof
  • Property Condition: Excellent
  • Zoning: MR
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5240551
  • School Tax: 1963.00
  • Tax Annual Amount: 2227.00
  • Assessor Parcel Number: 533-20.09-133.00
  • Tax Lot: 15
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 16, 2021
Sold by
Charters Richard E and Charters Kathleen M
Bought by
Marino Michael A and Marino Mario Sharon
Seller's Agent
Tom Ruch
Northrop Realty
Buyer's Agent
Rhonda Frick
Long & Foster Real Estate, Inc.
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Current Estimated Value
$1,783,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,551
Avg. Annual Appreciation
4.52%
Original Mortgage
$548,250
Outstanding Balance
$497,680
Interest Rate
2.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,285,871

Purchase Details

Closed on
Mar 14, 2000
Bought by
Charters Richard E Kathleen M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marino Michael A $1,450,000 None Available
Charters Richard E Kathleen M $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marino Michael A $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $1,450,000 -3.3% $372 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $1,500,000 -- $385 / Sq Ft
Source: Bright MLS

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 $3,471 $59,200 $6,000 $53,200
2024 $2,470 $59,200 $6,000 $53,200
2023 $2,467 $59,200 $6,000 $53,200
2022 $2,428 $59,200 $6,000 $53,200
2021 $102 $59,200 $6,000 $53,200
2020 $2,278 $59,200 $6,000 $53,200
2019 $2,268 $59,200 $6,000 $53,200
2018 $2,266 $59,200 $0 $0
2017 $2,284 $59,200 $0 $0
2016 $2,016 $59,200 $0 $0
2015 $2,077 $59,200 $0 $0
2014 $2,046 $59,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU183002

Bright MLS

APN: 533-20.09-133.00

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