NOT LISTED FOR SALE

38021 Water Walk Way Selbyville, DE 19975

Estimated Value: $623,000 - $989,000

5 Beds
4.5 Baths
3,600 Sq Ft
$233/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $699,000 $194 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,951/month

Highlights

  • Gourmet Kitchen
  • Gated Community
  • Canal View
  • Phillip C. Showell Elementary School Rated A-
  • Open Floorplan
  • Clubhouse

About This Home

As of March 2022

Custom built home in the desirable gated community of Fenwick Shoals. This home's gourmet kitchen features commercial Viking appliances & granite counters. The master bathroom has a large jetted tub, a separate shower which has body sprays and a double vanity. Hardwood floors, vaulted ceilings, theater room and so many more features. The multiple decks and an outside tiki bar makes this home perfect for entertaining and enjoying the nearby canal's water view. Beautifully landscaped with pavers & fire pit. Fenwick Shoals is close to the beaches, restaurants, golfing, boating and an outdoor concert venue.

Last Agent to Sell the Property

Robert Taylor

Keller Williams Realty License #RS-0024450 Listed on: 02/18/2022

Keller Williams Realty

Last Buyer's Agent

Robert Taylor

Keller Williams Realty License #RS-0024450 Listed on: 02/18/2022

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,318

Year Built

  • Built in 2004

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75.00 x 135.00
  • Extensive Hardscape
  • Sprinkler System
  • Cleared Lot
  • Back, Front, and Side Yard
  • Property is zoned MR

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 5 Driveway Spaces
  • Front Facing Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Composite Building Materials

Interior Spaces

  • 3,600 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Carpet
  • Canal Views
  • Flood Lights
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Play Equipment
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Propane Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 533-19.00-773.00

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), recreation facility, security gate
  • Fenwick Shoals HOA, Phone Number (302) 539-7511
  • Fenwick Shoals Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Billiard Room
  • Community Center
  • Party Room

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,318

Year Built

Built in 2004

Lot Details

0

HOA Fees

$167 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Custom built home in the desirable gated community of Fenwick Shoals. This home's gourmet kitchen features commercial Viking appliances & granite counters. The master bathroom has a large jetted tub, a separate shower which has body sprays and a double vanity. Hardwood floors, vaulted ceilings, theater room and so many more features. The multiple decks and an outside tiki bar makes this home perfect for entertaining and enjoying the nearby canal's water view. Beautifully landscaped with pavers & fire pit. Fenwick Shoals is close to the beaches, restaurants, golfing, boating and an outdoor concert venue.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Oven/Range - Gas, Stainless Steel Appliances, Washer/Dryer Hookups Only, Water Heater - Tankless
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Elevator, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Pantry, Stall Shower, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 3600
  • Living Area Sq Ft: 3600
  • Price Per Sq Ft: 194.17
  • Above Grade Finished Sq Ft: 3600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38021

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Composition, Vinyl Siding
  • Exterior Features: Exterior Lighting, Extensive Hardscape, Flood Lights, Lawn Sprinkler, Play Equipment, Sidewalks
  • Roof: Architectural Shingle
  • View: Canal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone, Propane
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 2000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Billiard Room, Club House, Common Grounds, Community Center, Gated Community, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Security Gate
  • HOA Name: FENWICK SHOALS HOA
  • HOA Phone: 302-539-7511
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Concrete, Fenced

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, Rear Yard, Sideyard(s), Front Yard
  • Lot Size Acres: 0.23
  • Lot Dimensions: 75.00 x 135.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Outdoor Living Structures: Deck(s), Porch(es), Patio(s)
  • Year Assessed: 2021
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5239281
  • School Tax: 2056.00
  • Tax Annual Amount: 2318.00
  • Assessor Parcel Number: 533-19.00-773.00
  • Tax Lot: 19
  • Tax Total Finished Sq Ft: 176
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/25/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 25, 2022
Sold by
Giansanti Samuel L
Bought by
Garriott David W and Garriott Kimberly S
Seller's Agent
Robert Taylor
Keller Williams Realty
Buyer's Agent
Robert Taylor
Keller Williams Realty
List Price
$699,000
Sold Price
$699,000
Current Estimated Value
$840,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,462
Avg. Annual Appreciation
4.37%
Original Mortgage
$440,000
Outstanding Balance
$417,413
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$391,598
Source: Public Records

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
Garriott David W $699,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garriott David W $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $699,000 0.0% $194 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $699,000 -- $194 / 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 $2,457 $58,800 $7,500 $51,300
2023 $2,455 $58,800 $7,500 $51,300
2022 $2,416 $58,800 $7,500 $51,300
2021 $2,344 $58,800 $7,500 $51,300
2020 $2,239 $58,800 $7,500 $51,300
2019 $2,229 $58,800 $7,500 $51,300
2018 $2,250 $58,800 $0 $0
2017 $2,269 $58,800 $0 $0
2016 $2,002 $58,800 $0 $0
2015 $2,041 $58,150 $0 $0
2014 $2,010 $58,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2016554

Bright MLS

APN: 533-19.00-773.00