NOT LISTED FOR SALE

37831 Island Dr Ocean View, DE 19970

Estimated Value: $927,073 - $1,207,000

5 Beds
3.5 Baths
2,921 Sq Ft
$370/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $1,385,000 $474 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $6,201/month

4 Days on Market

Highlights

  • 79 Feet of Waterfront
  • 1 Dock Slip
  • Access to Tidal Water
  • Lord Baltimore Elementary School Rated A-
  • Parking available for a boat
  • Bay View

About This Home

As of August 2022

LIKE NEW 5 bedroom, 3.5 bath home on White's Creek with easy access to Indian River Bay. Enjoy stunning details in the open floor plan featuring a designer kitchen, ship-lapped living room with built-in electric fireplace adjacent to a dining room all with panoramic water views on the main level. Enjoy your very own dock with a shared pier. The mature and lush landscape with a circle driveway provides privacy with unmatched water views and access. The elegantly redesigned bathrooms through out will blow you away. The first level welcomes you offering a bedroom with full bathroom along with game room with a wet bar leading to screened porch. The main level in addition to the open living features the owner's suite with water views and the owner's bathroom has a large soaking tub and zero-threshold shower. Upstairs has three more bedrooms and a bathroom. There is also a 2 car garage AND covered boat storage. Over 700 sq ft of deck space for outdoor living. 2022 renovation includes new siding, new gourmet kitchen, designer bathrooms, new flooring, adding square footage by making exterior porch part of the home and epoxy garage floors. Impeccably designed home, a true must see! **Kitchen photos will be up next week** Schedule your showing today!

Last Agent to Sell the Property

Jamie Coleman

Patterson-Schwartz-Rehoboth Listed on: 07/02/2022

Patterson-Schwartz-Rehoboth

Last Buyer's Agent

Paul Maltaghati

Monument Sotheby's International Realty License #RS-0017798

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,567

Year Built

  • Built in 1992 | Remodeled in 2022

Lot Details

  • 0.49 Acre Lot
  • 79 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Creek or Stream
  • Cul-De-Sac

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Parking available for a boat

Property Views

  • Bay
  • Canal
  • Creek or Stream

Home Design

  • Coastal Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,921 Sq Ft Home
  • Property has 3 Levels
  • Electric Fireplace

Bedrooms and Bathrooms

Outdoor Features

  • Access to Tidal Water
  • Private Water Access
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Multiple Balconies
  • Deck
  • Screened Patio

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-09.00-889.00

Community Details

Overview

  • Association fees include common area maintenance, pool(s)
  • Cedar Landing Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,567

Year Built

Built in 1992 | Remodeled in 2022

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1992
  • Year Renovated: 2022
  • Remarks Public: LIKE NEW 5 bedroom, 3.5 bath home on White's Creek with easy access to Indian River Bay. Enjoy stunning details in the open floor plan featuring a designer kitchen, ship-lapped living room with built-in electric fireplace adjacent to a dining room all with panoramic water views on the main level. Enjoy your very own dock with a shared pier. The mature and lush landscape with a circle driveway provides privacy with unmatched water views and access. The elegantly redesigned bathrooms through out will blow you away. The first level welcomes you offering a bedroom with full bathroom along with game room with a wet bar leading to screened porch. The main level in addition to the open living features the owner's suite with water views and the owner's bathroom has a large soaking tub and zero-threshold shower. Upstairs has three more bedrooms and a bathroom. There is also a 2 car garage AND covered boat storage. Over 700 sq ft of deck space for outdoor living. 2022 renovation includes new siding, new gourmet kitchen, designer bathrooms, new flooring, adding square footage by making exterior porch part of the home and epoxy garage floors. Impeccably designed home, a true must see! **Kitchen photos will be up next week** Schedule your showing today!
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Electric
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2921
  • Living Area Sq Ft: 2921
  • Price Per Sq Ft: 475.52
  • Above Grade Finished Sq Ft: 2921
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37831

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Boat Storage
  • View: Bay, Canal, Creek/Stream
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: White's Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 79

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 425.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s)
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Horses: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.49
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21344.00
  • Outdoor Living Structures: Deck(s), Balconies- Multiple, Screened
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Private Dock Site

Tax Info

  • Assessor Parcel Number: 5127942
  • Tax Annual Amount: 1567.00
  • Assessor Parcel Number: 134-09.00-889.00
  • Tax Year: 2021
  • Close Date: 08/18/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Sep 29, 2021
Sold by
S F & Jean F Mancari Ret
Bought by
Poniatowski Jody L and Poniatowski Stephen A
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Linda Hanna
Patterson-Schwartz-Hockessin
List Price
$837,500
Sold Price
$837,500
Current Estimated Value
$1,081,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,518
Avg. Annual Appreciation
7.06%
Original Mortgage
$600,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 2, 2019
Sold by
Mancari Salvatore F and Mancari Jean G
Bought by
S F & J G Mancari Ret

Purchase Details

Closed on
Oct 24, 1988
Bought by
Mancari Salvatore F and Mancari Jean G
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
Poniatowski Jody L $837,500 None Available
S F & J G Mancari Ret -- --
Mancari Salvatore F $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romanowski Keith $1,000,000
Closed Poniatowski Jody L $600,000
Previous Owner Mancari Salvatore F $245,000
Previous Owner Mancari Salvatore F $201,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $1,385,000 -0.3% $474 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $1,389,000 +65.9% $476 / Sq Ft
09/30/2021 09/30/21 For Sale $837,500 0.0% --
09/29/2021 09/29/21 Sold $837,500 -- --
08/04/2021 08/04/21 Pending -- -- --
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 $1,730 $39,750 $8,500 $31,250
2023 $1,734 $39,750 $8,500 $31,250
2022 $1,683 $39,750 $8,500 $31,250
2021 $1,659 $39,750 $8,500 $31,250
2020 $1,197 $39,750 $8,500 $31,250
2019 $1,190 $39,750 $8,500 $31,250
2018 $1,205 $39,750 $0 $0
2017 $1,515 $39,750 $0 $0
2016 $937 $39,750 $0 $0
2015 $979 $39,750 $0 $0
2014 $958 $39,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2024834

Bright MLS

APN: 134-09.00-889.00