NOT LISTED FOR SALE

38 Sycamore St Ocean View, DE 19970

Estimated Value: $464,578 - $759,000

5 Beds
3.5 Baths
2,140 Sq Ft
$304/Sq Ft Est. Value

Last Sold August 08, 2019

Last sale price $423,000 $198 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,020/month

15 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Clubhouse
  • Lord Baltimore Elementary School Rated A-
  • Colonial Architecture
  • Community Indoor Pool

About This Home

As of August 2019

Come see this beautiful 5 bedroom fully furnished home with $66,000+ in improvements by the current owner. This home is pristine w/new flooring, appliances, HVAC, freshly painted interior & exterior and much more. There is an open concept kitchen, dining and family room with an adjoining screened porch overlooking a private back yard. A first floor master and an additional en-suite bedroom complete the first level. Upstairs has 3 additional bedrooms and another full bath. This home has a proven rental history. Bring your linens and suitcase and you are ready for the Beach. All furnishings and kitchen equipment remain with the home to make this move easy. Are you interested in golf, indoor/outdoor pools, great fitness center, tennis, pickle ball, basketball or great walking? All of these activities are located within the community and will provide you with all of the socialization that you desire. If you want to go to the beach, the shuttle will deliver you door to door. Head downtown to Bethany Beach for casual or gourmet dining and fun. There is also a restaurant on-site if you choose to walk to dinner. Come see why everyone is enjoying the quiet resort of Bethany Beach. See Video.

Last Agent to Sell the Property

Lisa Barros

Monument Sotheby's International Realty License #RS-0022497 Listed on: 06/21/2019

Monument Sotheby's International Realty

Last Buyer's Agent

Lisa Barros

Monument Sotheby's International Realty License #RS-0022497 Listed on: 06/21/2019

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,422

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 58.00 x 129.00
  • Landscaped
  • Sprinkler System
  • Cleared Lot
  • Property is in very good condition

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,140 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Carpet
  • Crawl Space

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 197
  • Assessor Parcel Number 134-16.00-1405.00

Community Details

Overview

  • $1,400 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, high speed internet, pool(s), trash
  • Legum & Norman HOA, Phone Number (302) 537-1022
  • Bear Trap Subdivision
  • Property Manager

Amenities

  • Clubhouse
  • Community Center

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,422

Year Built

Built in 2003

Lot Details

0

HOA Fees

$225 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Yellow BEACH sign on white bench, red Jacob chair, 2 barn window mirrors in 2 twin bedroom & 2 double bedroom, Games & Puzzles, Vacuum, Owners closet items except for couch slip covers, Bikes & helmets, Tools, lawn tools, toys & games in garage. Foosball
  • Inclusions: All Furniture & Kitchen pots, pans & dishes.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2003
  • Remarks Public: Come see this beautiful 5 bedroom fully furnished home with $66,000+ in improvements by the current owner. This home is pristine w/new flooring, appliances, HVAC, freshly painted interior & exterior and much more. There is an open concept kitchen, dining and family room with an adjoining screened porch overlooking a private back yard. A first floor master and an additional en-suite bedroom complete the first level. Upstairs has 3 additional bedrooms and another full bath. This home has a proven rental history. Bring your linens and suitcase and you are ready for the Beach. All furnishings and kitchen equipment remain with the home to make this move easy. Are you interested in golf, indoor/outdoor pools, great fitness center, tennis, pickle ball, basketball or great walking? All of these activities are located within the community and will provide you with all of the socialization that you desire. If you want to go to the beach, the shuttle will deliver you door to door. Head downtown to Bethany Beach for casual or gourmet dining and fun. There is also a restaurant on-site if you choose to walk to dinner. Come see why everyone is enjoying the quiet resort of Bethany Beach. See Video.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Icemaker, Oven - Self Cleaning, Refrigerator, Washer, Water Heater - Tankless
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Breakfast Room, Laundry, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 2140
  • Living Area Sq Ft: 2140
  • Price Per Sq Ft: 198.55
  • Above Grade Finished Sq Ft: 2140
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights, Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air, Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 225.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Cable, Club House, Community Center, Exercise Room, Fitness Center, Pool - Indoor, Pool - Outdoor, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, High Speed Internet, Pool(s), Trash
  • HOA Name: LEGUM & NORMAN
  • HOA Phone: 3025371022
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1400.00

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: RS
  • Lot Features: Cleared, Landscaping
  • Lot Dimensions: 58.00 x 129.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Total Actual Rent: 30645.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5110950
  • Tax Annual Amount: 2422.00
  • Assessor Parcel Number: 134-16.00-1405.00
  • Tax Lot: 197
  • Tax Total Finished Sq Ft: 1312
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/08/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Aug 2, 2019
Sold by
Illum Michael D and Illum Kristi P
Bought by
Krafsig Marisabel
Seller's Agent
Lisa Barros
Monument Sotheby's International Realty
Buyer's Agent
Lisa Barros
Monument Sotheby's International Realty
List Price
$424,900
Sold Price
$423,000
Premium/Discount to List
-$1,900
-0.45%
Total Days on Market
15
Current Estimated Value
$651,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,145
Avg. Annual Appreciation
7.65%
Original Mortgage
$338,400
Outstanding Balance
$230,238
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$420,907

Purchase Details

Listed on
Mar 13, 2014
Closed on
Jun 25, 2014
Sold by
William P William P and Thornton Sandra R
Bought by
Illum Michael D and Illum Krisit P
Seller's Agent
Nicole Peterdozzi
Coldwell Banker Realty
Buyer's Agent
Lisa Barros
Monument Sotheby's International Realty
List Price
$355,000
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$284,000
Interest Rate
4.12%
Mortgage Type
Unknown
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
Krafsig Marisabel $423,000 --
Illum Michael D $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krafsig Marisabel $338,400
Previous Owner Illum Michael D $284,000
Previous Owner Thornton William P $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2019 08/08/19 Sold $423,000 -0.4% $198 / Sq Ft
07/06/2019 07/06/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $424,900 +19.7% $199 / Sq Ft
06/30/2014 06/30/14 Sold $355,000 0.0% $180 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $355,000 -- $180 / 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
2024 $1,885 $45,550 $6,450 $39,100
2023 $1,883 $45,550 $6,450 $39,100
2022 $1,852 $45,550 $6,450 $39,100
2021 $82 $45,550 $6,450 $39,100
2020 $1,715 $45,550 $6,450 $39,100
2019 $1,706 $45,550 $6,450 $39,100
2018 $1,724 $45,550 $0 $0
2017 $1,738 $45,550 $0 $0
2016 $1,532 $45,550 $0 $0
2015 $1,579 $45,550 $0 $0
2014 $1,555 $45,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU142794

Bright MLS

APN: 134-16.00-1405.00