NOT LISTED FOR SALE

37841 Salt Grass Cove Unit 100 Ocean View, DE 19970

Estimated Value: $636,363 - $721,000

3 Beds
3.5 Baths
2,052 Sq Ft
$329/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $459,900 $224 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,990/month

Highlights

  • Marina
  • Primary bedroom faces the bay
  • Home fronts navigable water
  • Lord Baltimore Elementary School Rated A-
  • Boat Ramp
  • Water Access

About This Home

As of November 2020

*Professional Pictures Coming Thursday* Look no further for your perfect beach retreat with BAYFRONT views! This well-maintained, original owner coastal townhome is just what you need! Be greeted by an open floor-plan with upgraded counter tops and cabinets with under lighting and soft close features, hardwood floors, new appliances, and even a dry bar with a built-in wine cooler. The second floor was designed to entertain with exceptional views, a covered balcony, and a wood burning fireplace! These views are carried through the master bedroom & first floor living area with large balconies to relax and unwind. The spacious master bathroom includes double sinks and a jacuzzi - you'll never want to leave your home. Unless, of course, you take the whole family and friends out on the boat from your deepwater, deeded boat slip (#134-8.00-165.02 BS142) that includes water & electric hook-up. Store all of your beach chairs, fishing poles, etc. in your 1 car garage. Never worry about your refrigerator when the power goes out - there is a portable standby generator in the unit! The HOA dues include a community boat ramp, an in-ground pool, trash receptacles, water utility all within a peaceful marina setting. Just under 4 miles from Bethany Beach - you can have the best of both worlds! Being the ONLY home available in Bethany Marina currently- this won't last, so don't wait!

Last Agent to Sell the Property

Kasey Keith

(302) 757-9886 kasey@kimhook.com RE/MAX Coastal License #RS-0025281 Listed on: 10/04/2020

RE/MAX Coastal

Last Buyer's Agent

Sandra Erbe

(443) 848-3004 sandraerbe@kw.com Keller Williams Realty License #676130

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,072

Year Built

  • Built in 2001

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 2 Driveway Spaces
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Parking Lot

Home Design

  • Coastal Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2,052 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Dining Area
  • Bay Views
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property near a bay
  • Multiple Balconies
  • Deck
  • Outdoor Grill

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 134-08.00-165.02-100

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, snow removal, trash, water
  • Bethany Marina Subdivision
  • Property Manager

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Marina
  • Community Pool

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,072

Year Built

Built in 2001

Lot Details

0

HOA Fees

$340 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: All wall hangings
  • Inclusions: Furniture Negotiable, Wine Cooler, Portable Standby Generator
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-10-04
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Automatically Close On Close Date: Yes
  • Remarks Public: *Professional Pictures Coming Thursday* Look no further for your perfect beach retreat with BAYFRONT views! This well-maintained, original owner coastal townhome is just what you need! Be greeted by an open floor-plan with upgraded counter tops and cabinets with under lighting and soft close features, hardwood floors, new appliances, and even a dry bar with a built-in wine cooler. The second floor was designed to entertain with exceptional views, a covered balcony, and a wood burning fireplace! These views are carried through the master bedroom & first floor living area with large balconies to relax and unwind. The spacious master bathroom includes double sinks and a jacuzzi - you'll never want to leave your home. Unless, of course, you take the whole family and friends out on the boat from your deepwater, deeded boat slip (#134-8.00-165.02 BS142) that includes water & electric hook-up. Store all of your beach chairs, fishing poles, etc. in your 1 car garage. Never worry about your refrigerator when the power goes out - there is a portable standby generator in the unit! The HOA dues include a community boat ramp, an in-ground pool, trash receptacles, water utility all within a peaceful marina setting. Just under 4 miles from Bethany Beach - you can have the best of both worlds! Being the ONLY home available in Bethany Marina currently- this won't last, so don't wait!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Eat-In, Primary Bedroom - Bay Front, Soaking Tub, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2052
  • Living Area Sq Ft: 2052
  • Price Per Sq Ft: 224.12
  • Above Grade Finished Sq Ft: 2052
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37841

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
  • Other Structures List: Garage(s)
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Bbq Grill, Satellite Dish, Street Lights
  • View: Bay, Water
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Additional Storage Area
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Parking Lot, Attached Garage
  • Number of Spaces in Driveway: 2

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: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 340.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Boat Dock/Slip, Marina/Marina Club, Pier/Dock, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balconies- Multiple, Deck(s)
  • Year Assessed: 2020
  • Zoning: M
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5124911
  • School Tax: 945.00
  • Tax Annual Amount: 1072.00
  • Assessor Parcel Number: 134-08.00-165.02-100
  • Tax Total Finished Sq Ft: 684
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/23/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2020
Closed on
Nov 23, 2020
Sold by
Morris Edward H and Carlton-Morris Valinda
Bought by
Grossarth Timothy S and Grossarth Kimberly A
Seller's Agent
Kasey Keith
RE/MAX Coastal
Buyer's Agent
Sandra Erbe
Keller Williams Realty
List Price
$459,900
Sold Price
$459,900
Current Estimated Value
$675,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,441
Avg. Annual Appreciation
8.26%
Original Mortgage
$367,920
Outstanding Balance
$328,143
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$347,198

Purchase Details

Closed on
Aug 20, 2002
Bought by
Morris Edward H and Valinda Carlto
Source: Public Records

Range of Values:

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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
Grossarth Timothy S $459,900 None Available
Morris Edward H $344,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grossarth Timothy S $367,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $459,900 0.0% $224 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $459,900 0.0% $224 / Sq Ft
10/04/2020 10/04/20 Off Market $459,900 -- --
10/04/2020 10/04/20 For Sale $459,900 -- $224 / 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 $1,013 $28,500 $0 $28,500
2024 $1,230 $28,500 $0 $28,500
2023 $1,231 $28,500 $0 $28,500
2022 $1,212 $28,500 $0 $28,500
2021 $1,176 $28,500 $0 $28,500
2020 $728 $28,500 $0 $28,500
2019 $1,123 $28,500 $0 $28,500
2018 $1,133 $29,150 $0 $0
2017 $1,111 $29,150 $0 $0
2016 $1,010 $29,150 $0 $0
2015 $1,041 $29,150 $0 $0
2014 $1,025 $29,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU170594

Bright MLS

APN: 134-08.00-165.02-100