NOT LISTED FOR SALE

38215 Roy Creek Ln Selbyville, DE 19975

Estimated Value: $647,104 - $797,000

4 Beds
2 Baths
1,800 Sq Ft
$407/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $415,000 $231 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,101/month

209 Days on Market

Highlights

  • 78 Feet of Waterfront
  • 1 Dock Slip
  • Fishing Allowed
  • Phillip C. Showell Elementary School Rated A-
  • Access to Tidal Water
  • Canal View

About This Home

As of September 2018

Enjoy coastal living in this fabulous 4 bedroom/2 bath waterfront home in peaceful setting with boating out your back door. Featuring open and bright living space, kitchen with granite countertops and breakfast bar, adjoining dining area open to living room with 2 sets of sliding doors leading out to expansive wrap-around deck with scenic views overlooking waterway. Well maintained with hardwood floors and beautifully updated. 4th bedroom is currently used as office. Outside shower, ground level workshop and large storage area for all your beach and boat toys. Ideally located on quiet cul-de-sac with large backyard and private boat dock out back. Excellent boating, fishing, crabbing, and located just about 2 miles to Fenwick and Ocean City Beaches! Sold mostly furnished - your coastal retreat awaits!

Last Agent to Sell the Property

Kim Hook

RE/MAX Coastal License #RB-0031040 Listed on: 01/27/2018

RE/MAX Coastal

Last Buyer's Agent

Sarah Schifano

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 2001

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 63x156x78x205x25
  • 78 Feet of Waterfront
  • Home fronts navigable water
  • Cul-De-Sac
  • Property is zoned MEDIUM RESIDENTIAL, MEDIUM RESIDENTIAL

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Saltbox Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Modular or Manufactured Materials
  • Piling Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Workshop
  • Canal Views
  • Storm Doors
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • 2 Attached Carport Spaces
  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a canal
  • Waterski or Wakeboard
  • Rip-Rap
  • Swimming Allowed
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Powered Boats Permitted
  • Deck
  • Wrap Around Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 533-19.12-128.00

Community Details

Overview

  • Keen Wik Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,269

Year Built

Built in 2001

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Salt Box, Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Remarks Public: Enjoy coastal living in this fabulous 4 bedroom/2 bath waterfront home in peaceful setting with boating out your back door. Featuring open and bright living space, kitchen with granite countertops and breakfast bar, adjoining dining area open to living room with 2 sets of sliding doors leading out to expansive wrap-around deck with scenic views overlooking waterway. Well maintained with hardwood floors and beautifully updated. 4th bedroom is currently used as office. Outside shower, ground level workshop and large storage area for all your beach and boat toys. Ideally located on quiet cul-de-sac with large backyard and private boat dock out back. Excellent boating, fishing, crabbing, and located just about 2 miles to Fenwick and Ocean City Beaches! Sold mostly furnished - your coastal retreat awaits!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Laminated, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Dining, Pantry, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated, Storm
  • Foundation Details: Pilings
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Kitchen, Office, Workshop, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Net Sq Ft: 1800.00
  • Price Per Sq Ft: 233.28
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38215

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Modular/Manufactured, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Canal
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Assowomen Bay
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 78

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Open Parking Spaces Count: 5
  • Parking Features: Stone Driveway
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Carport, Off Street, Driveway

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
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 286.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Rip-Rapped
  • Lot Size Acres: 0.31
  • Lot Size Area: 13607
  • Lot Dimensions: 63x156x78x205x25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13607.00
  • Outdoor Living Structures: Deck(s), Wrap Around
  • Zoning: MEDIUM RESIDENTIAL
  • Zoning Description: MEDIUM RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5239792
  • Assessor Parcel Number: 533-19.12-128.00
  • County Tax Payment Frequency: Annually
  • Close Date: 09/21/2018

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2018
Closed on
Sep 21, 2018
Sold by
Nance Lee L
Bought by
Rossello Justin P and Rossello Monica L
Seller's Agent
Kim Hook
RE/MAX Coastal
Buyer's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
List Price
$465,000
Sold Price
$415,000
Premium/Discount to List
-$50,000
-10.75%
Current Estimated Value
$732,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,526
Avg. Annual Appreciation
8.36%
Original Mortgage
$311,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2014
Closed on
Jun 27, 2014
Bought by
Nance Lee L
Seller's Agent
Colleen Windrow
Keller Williams Realty
Buyer's Agent
Kim Hook
RE/MAX Coastal
List Price
$358,500
Sold Price
$358,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Source: Public Records

Range of Values:

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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
Rossello Justin P $415,000 --
Nance Lee L $358,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rossello Justin P $70,950
Open Rossello Justinl P $309,500
Closed Rossello Justin P $311,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $415,000 -1.2% $231 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
08/22/2018 08/22/18 Price Changed $419,900 -3.5% $233 / Sq Ft
06/21/2018 06/21/18 Price Changed $435,000 -3.2% $242 / Sq Ft
04/04/2018 04/04/18 Price Changed $449,500 -3.3% $250 / Sq Ft
01/27/2018 01/27/18 For Sale $465,000 +29.7% $258 / Sq Ft
06/27/2014 06/27/14 Sold $358,500 0.0% $101 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $358,500 -- $101 / 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 $1,269 $29,000 $5,000 $24,000
2023 $1,268 $29,000 $5,000 $24,000
2022 $1,247 $29,000 $5,000 $24,000
2021 $1,145 $29,000 $5,000 $24,000
2020 $1,083 $29,000 $5,000 $24,000
2019 $1,086 $29,000 $5,000 $24,000
2018 $1,099 $29,000 $0 $0
2017 $1,108 $29,000 $0 $0
2016 $977 $29,000 $0 $0
2015 $1,007 $29,000 $0 $0
2014 $992 $29,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001569900

Bright MLS

APN: 533-19.12-128.00