NOT LISTED FOR SALE

37854 Island Dr Ocean View, DE 19970

Estimated Value: $851,000 - $1,180,000

4 Beds
3 Baths
2,500 Sq Ft
$385/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $550,000 $220 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,272/month

Highlights

  • Boat Ramp
  • 1 Dock Slip
  • Access to Tidal Water
  • Lord Baltimore Elementary School Rated A-
  • Home fronts navigable water
  • 0.75 Acre Lot

About This Home

As of October 2018

Gorgeous sunsets and abundant wildlife views from this beautiful coastal home with a deeded 25ft boat dock. Offering an inviting kitchen with upgraded appliances, granite, custom cabinets and island, dining room, family room with a cozy fireplace and built-ins, living room, large master with tile shower, jacuzzi tub and deck, 3 spacious guest rooms, 3 full baths, huge laundry room, wonderful three season sunroom overlooking the wetlands and water, utility room, outside shower and patio. Beautiful wrought iron staircase, 9ft ceilings, hardwood and tile floors and transom windows are just some of the many upgrades. Only minutes to the ocean or bay. Community offers, outdoor pool, tennis and kayak storage. This is a must see!!

Last Agent to Sell the Property

Dawn Hudson

(302) 381-9511 dawnhudson@northroprealty.com Northrop Realty Listed on: 08/18/2017

Northrop Realty

Last Buyer's Agent

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,034

Year Built

  • Built in 2001

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 66x252x61x386
  • Home fronts navigable water
  • Landscaped
  • Corner Lot
  • Tidal Wetland on Lot
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Piling Construction
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Combination Kitchen and Living
  • Dining Room
  • Den
  • Sun or Florida Room
  • Attic

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer
  • Laundry Chute

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Water Access
  • Property near a lagoon
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Deck
  • Patio

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-09.00-881.00

Community Details

Overview

  • Cedar Landing Subdivision

Recreation

  • Boat Ramp
  • Pier or Dock
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,034

Year Built

Built in 2001

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Remarks Public: Gorgeous sunsets and abundant wildlife views from this beautiful coastal home with a deeded 25ft boat dock. Offering an inviting kitchen with upgraded appliances, granite, custom cabinets and island, dining room, family room with a cozy fireplace and built-ins, living room, large master with tile shower, jacuzzi tub and deck, 3 spacious guest rooms, 3 full baths, huge laundry room, wonderful three season sunroom overlooking the wetlands and water, utility room, outside shower and patio. Beautiful wrought iron staircase, 9ft ceilings, hardwood and tile floors and transom windows are just some of the many upgrades. Only minutes to the ocean or bay. Community offers, outdoor pool, tennis and kayak storage. This is a must see!!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Freezer, Refrigerator, Microwave, Oven - Wall, Range Hood, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Island, Combination Kitchen/Living, Ceiling Fan(s), Laundry Chute, Window Treatments
  • Window Features: Insulated, Screens, Storm
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Pilings
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Den, Sun/Florida Room, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Net Sq Ft: 2500.00
  • Price Per Sq Ft: 231.60
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37854

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Hardiplank Type
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: Yes
  • Water Body Type: Lagoon
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Pier/Dock, Pool - Outdoor, Swimming Pool, Tennis Courts
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Features: Tidal Wetland, Landscaping
  • Lot Size Acres: 0.75
  • Lot Size Area: 1
  • Lot Dimensions: 66x252x61x386
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32670.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: RESIDENTIAL
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5127934
  • Assessor Parcel Number: 134-09.00-881.00
  • County Tax Payment Frequency: Annually
  • Close Date: 10/05/2018

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Sep 24, 2018
Sold by
Zack Stephen J and Zack Shane T
Bought by
Ashby John G and Ashby Holly D
Seller's Agent
Dawn Hudson
Northrop Realty
Buyer's Agent
Dustin Oldfather
Compass
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%
Current Estimated Value
$961,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,388
Avg. Annual Appreciation
8.35%
Original Mortgage
$440,000
Outstanding Balance
$380,155
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$581,233

Purchase Details

Closed on
Sep 7, 2000
Bought by
Zack Stephen J and Zack Shane T
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
Ashby John G $550,000 --
Zack Stephen J $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashby John G $440,000
Previous Owner Zack Stephen J $75,300
Previous Owner Zack Stephen J $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $550,000 -5.0% $220 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
04/28/2018 04/28/18 Price Changed $579,000 -3.3% $232 / Sq Ft
10/18/2017 10/18/17 Price Changed $599,000 -4.2% $240 / Sq Ft
08/18/2017 08/18/17 For Sale $625,000 -- $250 / 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 $2,034 $37,650 $8,500 $29,150
2024 $1,600 $37,650 $8,500 $29,150
2023 $1,602 $37,650 $8,500 $29,150
2022 $1,577 $37,650 $8,500 $29,150
2021 $1,531 $37,650 $8,500 $29,150
2020 $1,470 $37,650 $8,500 $29,150
2019 $1,452 $37,650 $8,500 $29,150
2018 $1,478 $37,650 $0 $0
2017 $1,435 $37,650 $0 $0
2016 $1,319 $37,650 $0 $0
2015 $1,358 $37,650 $0 $0
2014 $1,338 $37,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001567996

Bright MLS

APN: 134-09.00-881.00