NOT LISTED FOR SALE

38217 Keenwik Rd Selbyville, DE 19975

Estimated Value: $248,167 - $968,000

3 Beds
2 Baths
1,344 Sq Ft
$487/Sq Ft Est. Value

Last Sold February 05, 2018

Last sale price $275,000 $205 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,592/month

Highlights

  • 1 Dock Slip
  • Waterfront
  • Deck
  • Phillip C. Showell Elementary School Rated A-
  • Canal View
  • Rambler Architecture

About This Home

As of February 2018

Great location with easy access to the open bay! No need to look any farther. Wind down after a fun day at the beach or boardwalk. This canal front property with endless posibilities is just waiting for the person with the right vision. Located close to the beaches of Ocean City and Fenwick. Property would make a great retreat or full time residence. No one may alter/occupy property until after closing/funding, - no exceptions. FHA Financing-"IE"(Insured Escrow)-203k eligible Repair Escrow-$1,650 Insurability subject to buyer's appraisal

Last Agent to Sell the Property

Sheri Smith

(443) 614-2825 sheri@sherismithrealtor.com Keller Williams Realty Delmarva License #RS-0015670 Listed on: 11/30/2017

Keller Williams Realty Delmarva

Last Buyer's Agent

LINDA MUELLER

(302) 245-0741 lindaatthebeach@aol.com BETHANY AREA REALTY LLC License #RS-0014293

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1989

Lot Details

  • 4,792 Sq Ft Lot
  • Waterfront
  • Cleared Lot
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,344 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Vinyl Flooring
  • Canal Views
  • Crawl Space
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near a canal
  • Bulkhead
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Deck
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Private Sewer

Community Details

  • Keen Wik Subdivision

Listing and Financial Details

  • Assessor Parcel Number 533-20.13-45.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,412

Year Built

Built in 1989

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Rambler, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1989
  • Remarks Public: Great location with easy access to the open bay! No need to look any farther. Wind down after a fun day at the beach or boardwalk. This canal front property with endless posibilities is just waiting for the person with the right vision. Located close to the beaches of Ocean City and Fenwick. Property would make a great retreat or full time residence. No one may alter/occupy property until after closing/funding, - no exceptions. FHA Financing-"IE"(Insured Escrow)-203k eligible Repair Escrow-$1,650 Insurability subject to buyer's appraisal
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Water Heater
  • Flooring Type: Vinyl
  • Interior Amenities: Attic, Combination Kitchen/Dining, Entry Level Bedroom
  • Fireplace Features: Wood
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1344
  • Living Area Sq Ft: 1344
  • Net Sq Ft: 1344.00
  • Price Per Sq Ft: 215.77
  • Above Grade Finished Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38217

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle, Asphalt
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway, Gravel Driveway
  • Number Of Parking Spaces Included: 2-Car Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Bulkheaded, Cleared
  • Lot Size Acres: 0.11
  • Lot Size Units: Acres
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5240723
  • Assessor Parcel Number: 533-20.13-45.00
  • County Tax Payment Frequency: Annually
  • Close Date: 02/05/2018

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2018
Sold by
Hecht Karen E
Bought by
Hecht Karen E and Eaton Gregory L
Current Estimated Value
$654,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Outstanding Balance
$198,226
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$456,316

Purchase Details

Listed on
Nov 30, 2017
Closed on
Feb 1, 2018
Sold by
Department Of Housing & Urban Dev
Bought by
Hecht Karen E
Seller's Agent
Sheri Smith
Keller Williams Realty Delmarva
Buyer's Agent
LINDA MUELLER
BETHANY AREA REALTY LLC
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%
Original Mortgage
$233,750
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2017
Sold by
Jp Morgan Chase Bank Na
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Oct 16, 2017
Sold by
Jp Morgan Chase Bank Na
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Sep 18, 2017
Sold by
Jpmorgan Chase Bank National Association
Bought by
Jpmorgan Chase Bank National Associ Donald R

Purchase Details

Closed on
Nov 30, 1993
Bought by
Cooney John A Iii Rose Ann
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
Hecht Karen E -- --
Hecht Karen E -- --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Jpmorgan Chase Bank National Associ Donald R $226,319 None Available
Cooney John A Iii Rose Ann $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hecht Karen E $227,000
Previous Owner Hecht Karen E $233,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2018 02/05/18 Sold $275,000 -5.2% $205 / Sq Ft
12/22/2017 12/22/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $290,000 -- $216 / 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 $1,412 $21,100 $4,000 $17,100
2024 $885 $21,100 $4,000 $17,100
2023 $885 $21,100 $4,000 $17,100
2022 $870 $21,100 $4,000 $17,100
2021 $845 $21,100 $4,000 $17,100
2020 $810 $21,100 $4,000 $17,100
2019 $806 $21,100 $4,000 $17,100
2018 $826 $21,100 $0 $0
2017 $506 $21,100 $0 $0
2016 $465 $21,100 $0 $0
2015 $475 $21,100 $0 $0
2014 $464 $21,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001034880

Bright MLS

APN: 533-20.13-45.00