NOT LISTED FOR SALE

38311 Bayberry Ln Selbyville, DE 19975

Estimated Value: $1,080,000 - $1,335,000

3 Beds
5 Baths
2,800 Sq Ft
$445/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $1,100,000 $393 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,919/month

119 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Primary bedroom faces the bay
  • Pier
  • Phillip C. Showell Elementary School Rated A-
  • 1 Dock Slip
  • Fishing Allowed

About This Home

As of June 2022

BAYFRONT! Sought after bayfront location with unobstructive views of the Bay and Ocean City Skyline. This bayfront 3-bedroom, 3 full bath and 2 half baths with 2 car garage is located in Keen-Wik On They Bay with private boat dock. The 3levels of living all feature stunning bayfront views. The first level provides a family room and ½ bath and cover patio to enjoy coming off your boat from your backyard and dock to cook your daily catch of crabs, fish, or clams. The main level features open floor plan with great room lined with windows to the bay plus kitchen with island, adjoining dining area, fireplace, and spacious decks off the great room. Master suite and extra bathroom for guests are all on this main level. The third and top level is the primary suite and guest ensuite each with balconies to the bay and large walk-in closets. Current owner has converted one closet as a 4th bedroom (yes it has separate entrance and closet). On the ground floor, you will find a large 2 car garage perfect for storing beach and water toys. Enjoy your privacy with this large bayfront lot with a private dock and outside shower. Cruise the bay to waterfront restaurants by boat or crab and fish offshore. Don’t wait to enjoy waterfront living at its best with just a short 2 miles to Fenwick and Ocean City Beaches.

Last Agent to Sell the Property

Kim Hook

RE/MAX Coastal License #RB-0031040 Listed on: 02/01/2022

RE/MAX Coastal

Last Buyer's Agent

Robert Taylor

Keller Williams Realty License #RS-0024450

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,382

Year Built

  • Built in 1996

Lot Details

  • 5,006 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Landscaped
  • Property is zoned MR

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Bay
  • Panoramic

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Sliding Windows
  • Dining Area
  • Crawl Space
  • Storm Doors

Kitchen

  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Sun Deck
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Bulkhead
  • Swimming Allowed
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Balcony
  • Deck
  • Patio

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 533-20.13-69.01

Community Details

Overview

  • Www.Keen Wikonthebay.Com HOA
  • Keen Wik Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,382

Year Built

Built in 1996

Lot Details

0

HOA Fees

$5 per month

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
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: BAYFRONT! Sought after bayfront location with unobstructive views of the Bay and Ocean City Skyline. This bayfront 3-bedroom, 3 full bath and 2 half baths with 2 car garage is located in Keen-Wik On They Bay with private boat dock. The 3levels of living all feature stunning bayfront views. The first level provides a family room and ½ bath and cover patio to enjoy coming off your boat from your backyard and dock to cook your daily catch of crabs, fish, or clams. The main level features open floor plan with great room lined with windows to the bay plus kitchen with island, adjoining dining area, fireplace, and spacious decks off the great room. Master suite and extra bathroom for guests are all on this main level. The third and top level is the primary suite and guest ensuite each with balconies to the bay and large walk-in closets. Current owner has converted one closet as a 4th bedroom (yes it has separate entrance and closet). On the ground floor, you will find a large 2 car garage perfect for storing beach and water toys. Enjoy your privacy with this large bayfront lot with a private dock and outside shower. Cruise the bay to waterfront restaurants by boat or crab and fish offshore. Don’t wait to enjoy waterfront living at its best with just a short 2 miles to Fenwick and Ocean City Beaches.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer, Dryer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Kitchen - Island, Primary Bedroom - Bay Front, Recessed Lighting, Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Walk-In Closet(s), Window Treatments, Tub Shower, Stall Shower
  • Window Features: Sliding
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Block, Crawl Space
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Has Laundry, Upper Floor
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 401.79
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38311

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Bay, Panoramic, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

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
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 55.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: WWW.KEEN-WIKONTHEBAY.COM
  • HOA Phone: online
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

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: 31050.00
  • Land Assessed Value: 4000.00
  • Land Use Code: RS
  • Lot Features: Bulkheaded, Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5006.00
  • Outdoor Living Structures: Deck(s), Balcony, Patio(s)
  • Year Assessed: 2021
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5240759
  • School Tax: 1226.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1382.00
  • Assessor Parcel Number: 533-20.13-69.01
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/30/2022

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Jun 24, 2022
Sold by
Alexander Bunt
Bought by
Albero Thomas and Albero Laura W
Seller's Agent
Kim Hook
RE/MAX Coastal
Buyer's Agent
Robert Taylor
Keller Williams Realty
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Current Estimated Value
$1,246,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,064
Avg. Annual Appreciation
3.45%
Original Mortgage
$880,000
Outstanding Balance
$833,096
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$391,062

Purchase Details

Closed on
Jan 29, 2003
Bought by
Bunt Alexander Judith Ann Bunt
Source: Public Records

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
Albero Thomas $1,100,000 Parsons & Robinson Pa
Bunt Alexander Judith Ann Bunt $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albero Thomas $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $1,100,000 -2.2% $393 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/05/2022 05/05/22 Price Changed $1,125,000 -5.1% $402 / Sq Ft
03/30/2022 03/30/22 Price Changed $1,185,000 -5.2% $423 / Sq Ft
02/01/2022 02/01/22 For Sale $1,250,000 -- $446 / 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 $1,495 $35,050 $4,000 $31,050
2023 $1,463 $35,050 $4,000 $31,050
2022 $1,437 $35,050 $4,000 $31,050
2021 $1,395 $35,050 $4,000 $31,050
2020 $1,334 $35,050 $4,000 $31,050
2019 $1,328 $35,050 $4,000 $31,050
2018 $1,341 $35,050 $0 $0
2017 $1,352 $35,050 $0 $0
2016 $1,194 $35,050 $0 $0
2015 $1,230 $35,050 $0 $0
2014 $1,211 $35,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Hook

    Seller's Agent in 2022

    Kim Hook

    RE/MAX

    (302) 462-5504

    85 in this area

    185 Total Sales

    Kim Hook
    Section Image
  • Robert Taylor

    Buyer's Agent in 2022

    Robert Taylor

    Keller Williams Realty

    (301) 873-5566

    29 in this area

    49 Total Sales

    Robert Taylor
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2015090

Bright MLS

APN: 533-20.13-69.01

Delaware Sussex County Selbyville 19975

38311 Bayberry Ln, Selbyville, DE

This home is located at 38311 Bayberry Ln, Selbyville, DE 19975 since 01 February 2022 and is currently estimated at $1,246,064, approximately $445 per square foot. This property was built in 1996. 38311 Bayberry Ln is a home located in Sussex County with nearby schools including Phillip C. Showell Elementary School, Selbyville Middle School, and Indian River High School.

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