NOT LISTED FOR SALE

38255 Yacht Basin Rd Unit 25 Ocean View, DE 19970

Estimated Value: $498,378 - $706,000

2 Beds
3 Baths
1,970 Sq Ft
$310/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $398,000 $202 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,873/month

282 Days on Market

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Bay View
  • Lord Baltimore Elementary School Rated A-
  • Access to Tidal Water
  • Lake Privileges

About This Home

As of September 2020

Welcome to 38255 Yacht Basin Road Unit 25 where you will find where these classic Bethany Marina townhomes meet modern living. New windows, new sliding glass door, new kitchen cabinets, new appliances, new carpet! And with a southern rear exposure, you will experience picturesque sunrises and sunsets from all the outdoor living areas. The first floor features a porcelain tile floor and corner fireplace, perfect for any type of gathering. On the second floor, you will discover the porcelain floor has been continued in the kitchen along with the look and feel of timeless hardwood in the main living area. The third floor includes the 3 spacious bedrooms and even better views of the bay! Right out your back door is your dep water deeded boat slip that provides quick and easy access to the Indian River Bay and Ocean. Second boat slip available. Classically and tastefully furnished, you can move right into this coastal waterfront gem.

Last Agent to Sell the Property

Bradley Absher

Keller Williams Realty License #RS-0023491 Listed on: 10/30/2019

Keller Williams Realty

Last Buyer's Agent

Kim Hitchens

Dave McCarthy & Associates, Inc. License #RS-0014663

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,134

Year Built

  • Built in 1991

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Bay
  • Canal

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 1,970 Sq Ft Home
  • Property has 3 Levels
  • Partially Furnished
  • Ceiling Fan
  • Corner Fireplace
  • Screen For Fireplace
  • Gas Fireplace
  • Window Treatments
  • Dining Area
  • Carpet

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Lake Privileges
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Home fronts navigable water
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-08.00-165.00-25

Community Details

Overview

  • Association fees include common area maintenance, insurance, pool(s), road maintenance, snow removal, exterior building maintenance
  • Bethany Marina Subdivision
  • Property Manager

Recreation

  • Boat Ramp
  • Pier or Dock
  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,134

Year Built

Built in 1991

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary, Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Exclusions: Dinette & Cedar Closet
  • Inclusions: Upstairs stand alone air condition units for bedrooms
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 38255 Yacht Basin Road Unit 25 where you will find where these classic Bethany Marina townhomes meet modern living. New windows, new sliding glass door, new kitchen cabinets, new appliances, new carpet! And with a southern rear exposure, you will experience picturesque sunrises and sunsets from all the outdoor living areas. The first floor features a porcelain tile floor and corner fireplace, perfect for any type of gathering. On the second floor, you will discover the porcelain floor has been continued in the kitchen along with the look and feel of timeless hardwood in the main living area. The third floor includes the 3 spacious bedrooms and even better views of the bay! Right out your back door is your dep water deeded boat slip that provides quick and easy access to the Indian River Bay and Ocean. Second boat slip available. Classically and tastefully furnished, you can move right into this coastal waterfront gem.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Oven/Range - Electric, Stainless Steel Appliances, Dishwasher, Washer, Dryer, Range Hood, Freezer
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Fireplace Features: Gas/Propane, Screen, Corner
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1970
  • Living Area Sq Ft: 1970
  • Price Per Sq Ft: 208.12
  • Above Grade Finished Sq Ft: 1970
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38255

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Canal, Bay, Water
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Built In
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • 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
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4200.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Boat Ramp, Pier/Dock, Pool - Outdoor, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Pool(s), Road Maintenance, Snow Removal, Ext Bldg Maint
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 28850.00
  • Land Assessed Value: 1300.00
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Balcony
  • Year Assessed: 2020
  • Zoning: K
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5124872
  • School Tax: 1000.00
  • Tax Annual Amount: 1134.00
  • Assessor Parcel Number: 134-08.00-165.00-25
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/25/2020

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 1992
Bought by
Payne Edwin C and Vicki Bourdon Payne
Total Days on Market
282
Current Estimated Value
$611,095
Source: Public Records

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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
Payne Edwin C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Catherine $318,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $398,000 -0.5% $202 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
10/30/2019 10/30/19 For Sale $399,900 -- $203 / 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 $1,271 $28,850 $0 $28,850
2023 $1,273 $28,850 $0 $28,850
2022 $1,252 $28,850 $0 $28,850
2021 $1,216 $28,850 $0 $28,850
2020 $965 $28,850 $0 $28,850
2019 $984 $28,850 $0 $28,850
2018 $983 $30,150 $0 $0
2017 $1,149 $30,150 $0 $0
2016 $1,044 $30,150 $0 $0
2015 $676 $30,150 $0 $0
2014 $660 $30,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bradley Absher

    Seller's Agent in 2020

    Bradley Absher

    Keller Williams Realty

    (410) 430-2092

    7 in this area

    72 Total Sales

    Bradley Absher
    Section Image
  • Kim Hitchens

    Buyer's Agent in 2020

    Kim Hitchens

    Dave McCarthy & Associates, Inc.

    (302) 381-1071

    8 in this area

    103 Total Sales

    Kim Hitchens
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU150334

Bright MLS

APN: 134-08.00-165.00-25

Delaware Sussex County Ocean View 19970

38255 Yacht Basin Rd Unit 25, Ocean View, DE

This home is located at 38255 Yacht Basin Rd Unit 25, Ocean View, DE 19970 since 30 October 2019 and is currently estimated at $611,095, approximately $310 per square foot. This property was built in 1991. 38255 Yacht Basin Rd Unit 25 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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