NOT LISTED FOR SALE

38222 Martins Way Ocean View, DE 19970

Estimated Value: $997,000 - $1,497,000

4 Beds
6 Baths
3,600 Sq Ft
$361/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $1,199,000 $333 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,067/month

Highlights

  • 10 Feet of Waterfront
  • 1 Boat Dock
  • Open Floorplan
  • Lord Baltimore Elementary School Rated A-
  • Gourmet Kitchen
  • Canal View

About This Home

As of September 2021

Canal front, almost new home with views of Whites creek. This impressive and stunning home reflects the pride of ownership. As you pull into the driveway, you will see that there is ample parking space for several cars and the maintenance free landscaping that is amazing. Entering in on the lower level, there are several closets for storage, a powder room and a small dry bar. Through the slider to the rear of the property there is an enormous patio, outdoor shower and the boat dock. Back inside, you will go upstairs to the main level to a lovely open living/dining/kitchen area, with access to a very nice size screened porch and deck, take your pick to watch the amazing sunsets! The kitchen offers a large island, lots of upgraded cabinetry, stainless steel appliances, and really cool light fixtures, it is the perfect place for people to gather while preparing dinner from the day’s catch. Or relax in the living room area in front of the fireplace on a chilly fall evening. Down the hall, you find a powder room, a nicely appointed primary bedroom and bath and a guest room with private bathroom. Upstairs, is a fabulous bonus/family room with wonderful water views, another guest room with a private bath and access to the front deck and the 4th guest room and hall bath. If boating and fishing is your passion, then this is the place for you! Part-time or fulltime, you will truly enjoy living here.

Last Agent to Sell the Property

VICKIE YORK

vickie@bethanysbest.com VICKIE YORK AT THE BEACH REALTY Listed on: 07/09/2021

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,801

Year Built

  • Built in 2019

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 98.00
  • 10 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Landscaped
  • Property is zoned GR

Parking

  • 2 Car Attached Garage
  • 6 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,600 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Combination Kitchen and Dining Room
  • Laminate Flooring
  • Canal Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near a canal
  • Bulkhead
  • 1 Boat Dock
  • Dock Against Bulkhead
  • Deck
  • Screened Patio
  • Rain Gutters
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Martin Cox Dev Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 134-09.00-246.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,801

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-09
  • Federal Flood Zone: Yes
  • Year Built: 2019
  • Automatically Close On Close Date: No
  • Remarks Public: Canal front, almost new home with views of Whites creek. This impressive and stunning home reflects the pride of ownership. As you pull into the driveway, you will see that there is ample parking space for several cars and the maintenance free landscaping that is amazing. Entering in on the lower level, there are several closets for storage, a powder room and a small dry bar. Through the slider to the rear of the property there is an enormous patio, outdoor shower and the boat dock. Back inside, you will go upstairs to the main level to a lovely open living/dining/kitchen area, with access to a very nice size screened porch and deck, take your pick to watch the amazing sunsets! The kitchen offers a large island, lots of upgraded cabinetry, stainless steel appliances, and really cool light fixtures, it is the perfect place for people to gather while preparing dinner from the day’s catch. Or relax in the living room area in front of the fireplace on a chilly fall evening. Down the hall, you find a powder room, a nicely appointed primary bedroom and bath and a guest room with private bathroom. Upstairs, is a fabulous bonus/family room with wonderful water views, another guest room with a private bath and access to the front deck and the 4th guest room and hall bath. If boating and fishing is your passion, then this is the place for you! Part-time or fulltime, you will truly enjoy living here.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Conditioner - Owned, Water Heater
  • Entry Floor: 1
  • Flooring Type: Laminated
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Water Treat System, Wet/Dry Bar, Window Treatments, Pantry
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 3600
  • Living Area Sq Ft: 3600
  • Price Per Sq Ft: 333.06
  • Above Grade Finished Sq Ft: 3600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38222

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Exterior Features: Outside Shower, Gutter System
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • View: Canal, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 10

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

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: Bulkheaded, Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 98.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Screened
  • Year Assessed: 2020
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5126842
  • Tax Annual Amount: 1801.49
  • Assessor Parcel Number: 134-09.00-246.00
  • Tax Lot: 35
  • Tax Year: 2020
  • Close Date: 09/15/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 13, 2021
Sold by
Cole Paul and Cole Molly
Bought by
Williams James L and Williams Jody S
Seller's Agent
VICKIE YORK
VICKIE YORK AT THE BEACH REALTY
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,199,000
Sold Price
$1,199,000
Current Estimated Value
$1,299,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,239
Avg. Annual Appreciation
2.01%
Original Mortgage
$959,200
Outstanding Balance
$872,801
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$426,438

Purchase Details

Closed on
Jul 2, 2018
Sold by
Mark E Majerus Ret
Bought by
Cole Paul and Cole Molly

Purchase Details

Closed on
Oct 5, 2011
Bought by
Majerus Mark E Revocable Trust & Antoinette M

Purchase Details

Closed on
Sep 21, 2011
Bought by
Majerus Mark E Revocable Trust & Antoinette M
Source: Public Records

Range of Values:

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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
Williams James L $1,199,000 None Available
Cole Paul $235,000 --
Majerus Mark E Revocable Trust & Antoinette M $275,000 --
Majerus Mark E Revocable Trust & Antoinette M $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams James L $959,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $1,199,000 0.0% $333 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $1,199,000 -- $333 / 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 $2,476 $2,900 $2,250 $650
2024 $1,901 $2,900 $2,250 $650
2023 $1,915 $2,900 $2,250 $650
2022 $1,887 $2,900 $2,250 $650
2021 $1,859 $2,900 $2,250 $650
2020 $1,801 $2,900 $2,250 $650
2019 $277 $2,900 $2,250 $650
2018 $0 $2,900 $0 $0
2017 $111 $2,900 $0 $0
2016 $267 $2,900 $0 $0
2015 $270 $2,900 $0 $0
2014 $268 $2,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    VICKIE YORK

    VICKIE YORK AT THE BEACH REALTY

  • DEBBIE REED

    Buyer's Agent in 2021

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    6 in this area

    837 Total Sales

    DEBBIE REED
    Section Image
  • KELLY DEMOTT

    Buyer Co-Listing Agent in 2021

    KELLY DEMOTT

    EXP Realty, LLC

    (302) 227-1033

    1 in this area

    44 Total Sales

    KELLY DEMOTT
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2001610

Bright MLS

APN: 134-09.00-246.00

Delaware Sussex County Ocean View 19970

38222 Martins Way, Ocean View, DE

This home is located at 38222 Martins Way, Ocean View, DE 19970 since 09 July 2021 and is currently estimated at $1,299,239, approximately $360 per square foot. This property was built in 2019. 38222 Martins Way is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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