NOT LISTED FOR SALE

38235 Piney Point Rd Ocean View, DE 19970

Estimated Value: $1,321,000 - $1,402,000

4 Beds
3.5 Baths
2,632 Sq Ft
$514/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $1,215,000 $462 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,531/month

138 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Primary bedroom faces the bay
  • Open Floorplan
  • Lord Baltimore Elementary School Rated A-
  • New Construction
  • Coastal Architecture

About This Home

As of April 2023

"DELIVERING IN EARLY 2023! If you’re looking for a vacation home that gets you closer to nature and out on the water – then look no further than the Mallard floor plan on Piney Point Road. This home’s open concept design with luxury finishes, spacious living areas, and canal front location make it and ideal setting for your family’s next vacation destination. Call today and learn more about this unique home!"

Last Listed By

John Zacharias

Patterson-Schwartz-OceanView License #RS-0023593 Listed on: 10/14/2022

Patterson-Schwartz-OceanView

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,534 Sq Ft Lot
  • 20 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • North Facing Home
  • Sprinkler System
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,632 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Recessed Lighting
  • 1 Fireplace
  • Laminate Flooring
  • Water Views
  • Fire Sprinkler System

Kitchen

  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Walk-In Closet

Outdoor Features

  • Water Access
  • Deck

Location

  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Piney Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 134-09.00-226.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,850

Year Built

Built in 2022 | New Construction

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
  • Historic: No
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: "DELIVERING IN EARLY 2023! If you’re looking for a vacation home that gets you closer to nature and out on the water – then look no further than the Mallard floor plan on Piney Point Road. This home’s open concept design with luxury finishes, spacious living areas, and canal front location make it and ideal setting for your family’s next vacation destination. Call today and learn more about this unique home!"
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances
  • Entry Floor: 2
  • Flooring Type: Laminate Plank
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island, Pantry, Primary Bath(s), Primary Bedroom - Bay Front, Recessed Lighting, Sprinkler System, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pilings
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2632
  • Living Area Sq Ft: 2632
  • Price Per Sq Ft: 468.04
  • Above Grade Finished Sq Ft: 2632
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38235

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • Spa: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: White's Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 20

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Built In, Covered Parking
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Tax Annual Amount: 1850.00
  • Assessor Parcel Number: 134-09.00-226.00
  • Tax Year: 2021
  • Close Date: 04/13/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Apr 13, 2023
Sold by
Evergreen Companies Llc
Bought by
Gagge John P and Orlando Maria
Seller's Agent
John Zacharias
Patterson-Schwartz-OceanView
Buyer's Agent
Russell Stucki
RE/MAX Realty Group Rehoboth
List Price
$1,231,883
Sold Price
$1,215,000
Premium/Discount to List
-$16,883
-1.37%
Total Days on Market
138
Views
36
Current Estimated Value
$1,353,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,608
Avg. Annual Appreciation
6.96%
Original Mortgage
$972,000
Outstanding Balance
$950,159
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$447,458

Purchase Details

Closed on
Mar 31, 2010
Bought by
Adams Family Piney Point Llc

Range of Values:

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Average Value
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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
Gagge John P $1,215,000 None Listed On Document
Adams Family Piney Point Llc -- --
Adams Family Piney Point Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gagge John P $972,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $1,215,000 -1.4% $462 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
10/14/2022 10/14/22 For Sale $1,231,883 -- $468 / 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 $307 $3,550 $2,900 $650
2023 $326 $3,550 $2,900 $650
2022 $324 $3,550 $2,900 $650
2021 $319 $3,550 $2,900 $650
2020 $337 $3,550 $2,900 $650
2019 $336 $3,550 $2,900 $650
2018 $338 $3,550 $0 $0
2017 $135 $3,550 $0 $0
2016 $323 $3,550 $0 $0
2015 $326 $3,550 $0 $0
2014 $324 $3,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2030958

Bright MLS

APN: 134-09.00-227.00