NOT LISTED FOR SALE

38275 Keenwik Rd Selbyville, DE 19975

Estimated Value: $410,959 - $2,210,000

4 Beds
2 Baths
2,022 Sq Ft
$536/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $1,047,500 $518 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,001/month

Highlights

  • 1 Dock Slip
  • Pier
  • Waterfront
  • Phillip C. Showell Elementary School Rated A-
  • Bay View
  • Lake Privileges

About This Home

As of March 2018

Exceptional Bayfront Property rarely available for sale offering expansive unobstructed water views. Premier waterfront location situated on a peninsula with over 425 feet of water frontage and new bulkhead, this home sits on a 16,500 total square foot lot which is 2.5 times the size of most parcels in the community. There is ample room for your bayside pool! With 2 private boat docks, approval for 2 PWC Lifts and floating dock, and effortless access to the open bay waters, this is every water lover?s dream. Charming one story home has been meticulously maintained and updated for year-round living including a complete interior renovation with insulation upgrade in 2010, new furnace in 2011, and total kitchen remodel including granite countertops, butcher block countertop, new cabinet faces, cooktop, exhaust hood, and more. Located just 2 miles to Fenwick Island Beach, in the desirable community of Keen-Wik with low HOA Fees.

Last Agent to Sell the Property

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 08/12/2017

Long & Foster Real Estate, Inc.

Co-Listed By

WAYNE LYONS

(302) 858-7347 wayne.lyons@lesliekopp.com Long & Foster Real Estate, Inc. License #RS-0013341

Last Buyer's Agent

Kim Hook

(302) 462-5504 kim@kimhook.com RE/MAX Coastal License #RB-0031040

RE/MAX Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1962

Lot Details

  • 0.38 Acre 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
  • Stick Built Home
  • Cedar

Interior Spaces

  • 2,022 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Open Floorplan
  • Bay Views
  • Crawl Space
  • Storm Doors

Kitchen

  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Pier
  • Water Access
  • Property near a bay
  • Bulkhead
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Lake Privileges
  • Deck
  • Outbuilding
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Keen Wik Subdivision

Listing and Financial Details

  • Assessor Parcel Number 533-20.13-39.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,048

Year Built

Built in 1962

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: 1962
  • Remarks Public: Exceptional Bayfront Property rarely available for sale offering expansive unobstructed water views. Premier waterfront location situated on a peninsula with over 425 feet of water frontage and new bulkhead, this home sits on a 16,500 total square foot lot which is 2.5 times the size of most parcels in the community. There is ample room for your bayside pool! With 2 private boat docks, approval for 2 PWC Lifts and floating dock, and effortless access to the open bay waters, this is every water lover?s dream. Charming one story home has been meticulously maintained and updated for year-round living including a complete interior renovation with insulation upgrade in 2010, new furnace in 2011, and total kitchen remodel including granite countertops, butcher block countertop, new cabinet faces, cooktop, exhaust hood, and more. Located just 2 miles to Fenwick Island Beach, in the desirable community of Keen-Wik with low HOA Fees.
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2022
  • Living Area Sq Ft: 2022
  • Net Sq Ft: 2022.00
  • Price Per Sq Ft: 536.60
  • Above Grade Finished Sq Ft: 2022
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38275

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Oil
  • Heating Type: Wood Burn Stove, Baseboard, Forced Air, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 636.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Water/Lake Privileges
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Bulkheaded, Cleared
  • Lot Size Acres: 0.38
  • Lot Size Area: 16500
  • Lot Dimensions: See Agent Remarks
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16500.00
  • Outdoor Living Structures: Deck(s), Wrap Around, Porch(es)
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5240714
  • Assessor Parcel Number: 533-20.13-39.00
  • County Tax Payment Frequency: Annually
  • Close Date: 03/29/2018

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

Listed on
Aug 12, 2017
Closed on
Mar 29, 2018
Sold by
Owens David J and Owens Gail A
Bought by
Treml Dina L and Treml Michael H
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Kim Hook
RE/MAX Coastal
List Price
$1,150,000
Sold Price
$1,047,500
Premium/Discount to List
-$102,500
-8.91%
Current Estimated Value
$1,083,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,740
Avg. Annual Appreciation
0.45%
Original Mortgage
$733,250
Outstanding Balance
$621,999
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$461,241
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
Treml Dina L $1,047,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Treml Dina L $733,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $1,047,500 -3.5% $518 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
12/05/2017 12/05/17 Price Changed $1,085,000 -5.7% $537 / Sq Ft
08/12/2017 08/12/17 For Sale $1,150,000 -- $569 / 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 $3,048 $31,700 $6,000 $25,700
2024 $3,269 $31,700 $6,000 $25,700
2023 $3,266 $31,700 $6,000 $25,700
2022 $3,213 $31,700 $6,000 $25,700
2021 $3,118 $31,700 $6,000 $25,700
2020 $2,980 $31,700 $6,000 $25,700
2019 $2,967 $31,700 $6,000 $25,700
2018 $1,223 $31,700 $0 $0
2017 $1,233 $31,700 $0 $0
2016 $1,089 $31,700 $0 $0
2015 $1,122 $31,700 $0 $0
2014 $1,105 $31,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001032292

Bright MLS

APN: 533-20.13-39.00