NOT LISTED FOR SALE

38316 Bayberry Ln Selbyville, DE 19975

Estimated Value: $1,448,000 - $2,454,000

4 Beds
5 Baths
3,770 Sq Ft
$555/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $2,199,929 $584 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $11,603/month

2 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Primary bedroom faces the bay
  • Spa
  • Phillip C. Showell Elementary School Rated A-
  • 1 Dock Slip
  • Open Floorplan

About This Home

As of June 2022

The living is easy in this impressive, coastal, waterfront, custom built home located in the sought after community of Keen-Wik on the Bay, located in West Fenwick.

Constructed in 2018 with over 3 levels, on an extra-large 75x100 lot, this fully furnished home enjoys water access, views of the Assawoman Bay and Ocean City skyline with an open top floor plan perfect for entertaining. The top floor incorporates a large, bright kitchen with quality stainless steel appliances, Cambria quartz countertops, and a stunning backsplash; along with a gorgeous living room with a contemporary gas fireplace to provide ambiance and warmth during the winter months. Open the doors to the screened porch and enjoy indoor/outdoor living, or grill on the top deck with one of three additional piped in propane lines. The top floor also offers one of the 2 owner suites in this luxury home. This owner’s suite also features an office, walk in closet, and electric fireplace. The owner ensuite bathroom boasts a beautiful custom oversized tile shower with 3 shower heads and a large freestanding jetted soaking tub. Take the elevator down to the second floor to find a game room/family room with pool table and large wet bar, the 2nd owner’s suite, 2 additional bedrooms with a jack and jill bathroom, and large laundry room. The 3 car insulated garage with soaring 12’ ceilings is a boaters and car lover’s dream! This spacious garage offers a large work/storage room, shed, and a powder room. The elevator is accessible from the garage floor. Step into the fenced in backyard to find a new 2021 Hot Springs Envoy 6 person, salt water hot tub on the patio. Perfect for relaxing and watching the wildlife and boaters. Take one of the 2 boats included in this sale out onto the water from your dock with motorized boat lift. The bulkhead has even been upgraded! After a day of boating or a day at the beach, rinse off in the outdoor shower.

Other highlights include luxury LVP flooring, quality fittings and fixtures, plentiful storage, 2x6 construction, (2) tankless water heaters, and security system.

Be prepared for this home to be love at first sight! Don’t miss this opportunity to have your dream home on the water, near the beach. This breathtaking home is sure to impress!

Last Agent to Sell the Property

Sara Kirby

Weichert, Realtors - Beach Bound License #RS0037901 Listed on: 05/20/2022

Last Buyer's Agent

Joe Preston

RE/MAX Town Center License #631409

RE/MAX Town Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,241

Year Built

  • Built in 2018

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75.00 x 100.00
  • 75 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Vinyl Fence
  • Landscaped
  • Property is in excellent condition
  • Property is zoned MR

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • 3,770 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Electric Fireplace
  • Gas Fireplace
  • Low Emissivity Windows
  • Double Hung Windows
  • Window Screens
  • Sliding Doors
  • Canal Views
  • Crawl Space

Kitchen

  • Built-In Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Partially Carpeted
  • Laminate
  • Tile or Brick
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom faces the bay
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near a canal
  • Bulkhead
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Private Dock Site
  • Powered Boats Permitted
  • Deck
  • Screened Patio
  • Porch

Schools

  • Phillip C. Showell Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Community Details

  • Built by Iacchetta Builders, Inc.
  • Keen Wik Subdivision

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 533-20.13-47.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,241

Year Built

Built in 2018

Lot Details

0

HOA Fees

$5 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: Grandfather clock, boat coffee table, fish wall hangings, Adirondack chairs, aluminum anchor
  • Home Warranty: No
  • Inclusions: Fully furnished, 6 wall mounted tv's, 2021 Hot Springs Envoy Salt Water Hot Tub (6 person), 1985 Whaler 13 ft. boat with 2016 40 horsepower 4 stroke engine, 2013 Scout 225 boat with 250 cc Yamaha engine, trailers for both boats
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2022-05-27
  • Federal Flood Zone: Yes
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: The living is easy in this impressive, coastal, waterfront, custom built home located in the sought after community of Keen-Wik on the Bay, located in West Fenwick. Constructed in 2018 with over 3 levels, on an extra-large 75x100 lot, this fully furnished home enjoys water access, views of the Assawoman Bay and Ocean City skyline with an open top floor plan perfect for entertaining. The top floor incorporates a large, bright kitchen with quality stainless steel appliances, Cambria quartz countertops, and a stunning backsplash; along with a gorgeous living room with a contemporary gas fireplace to provide ambiance and warmth during the winter months. Open the doors to the screened porch and enjoy indoor/outdoor living, or grill on the top deck with one of three additional piped in propane lines. The top floor also offers one of the 2 owner suites in this luxury home. This owner’s suite also features an office, walk in closet, and electric fireplace. The owner ensuite bathroom boasts a beautiful custom oversized tile shower with 3 shower heads and a large freestanding jetted soaking tub. Take the elevator down to the second floor to find a game room/family room with pool table and large wet bar, the 2nd owner’s suite, 2 additional bedrooms with a jack and jill bathroom, and large laundry room. The 3 car insulated garage with soaring 12’ ceilings is a boaters and car lover’s dream! This spacious garage offers a large work/storage room, shed, and a powder room. The elevator is accessible from the garage floor. Step into the fenced in backyard to find a new 2021 Hot Springs Envoy 6 person, salt water hot tub on the patio. Perfect for relaxing and watching the wildlife and boaters. Take one of the 2 boats included in this sale out onto the water from your dock with motorized boat lift. The bulkhead has even been upgraded! After a day of boating or a day at the beach, rinse off in the outdoor shower. Other highlights include luxury LVP flooring, quality fittings and fixtures, plentiful storage, 2x6 construction, (2) tankless water heaters, and security system. Be prepared for this home to be love at first sight! Don’t miss this opportunity to have your dream home on the water, near the beach. This breathtaking home is sure to impress!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Washer, Water Heater - Tankless
  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank, Partially Carpeted, Tile/Brick, Laminate Plank
  • Interior Amenities: Bar, Ceiling Fan(s), Elevator, Floor Plan - Open, Pantry, Primary Bedroom - Bay Front, Skylight(s), Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wet/Dry Bar
  • Window Features: Double Hung, Low-E, Screens, Skylights
  • Fireplace Features: Gas/Propane, Electric
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3770
  • Living Area Sq Ft: 3770
  • Price Per Sq Ft: 583.54
  • Above Grade Finished Sq Ft: 3770
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38316

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Tile
  • Exterior Features: Hot Tub, Outside Shower
  • Roof: Architectural Shingle
  • View: Water, Canal
  • Water Access Features: Boat - Powered
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 75

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Additional Storage Area, Garage Door Opener, Oversized
  • Attached Garage Spaces: 6
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased, Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Monitored, Security System, Smoke Detector, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 55.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: PHILLIP C. SHOWELL
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: PHILLIP C. SHOWELL
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No
  • R Factor Ceilings: 49
  • R Factor Ext Walls: 22

Lot Info

  • Horses: No
  • Fencing: Vinyl
  • Land Use Code: RS
  • Lot Features: Bulkheaded, Landscaping
  • Lot Size Acres: 0.17
  • Lot Dimensions: 75.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Outdoor Living Structures: Patio(s), Deck(s), Porch(es), Screened
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: MR
  • In City Limits: No

Building Info

  • Builder Name: Iacchetta Builders, Inc.

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5240726
  • School Tax: 1988.00
  • Tax Annual Amount: 2241.00
  • Assessor Parcel Number: 533-20.13-47.00
  • Tax Lot: 55
  • Tax Total Finished Sq Ft: 1560
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/30/2022

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 30, 2022
Sold by
Mersinger Lawrence J
Bought by
Jennings Steven and Jennings Teresa
Seller's Agent
Sara Kirby
Weichert, Realtors - Beach Bound
Buyer's Agent
Joe Preston
RE/MAX Town Center
List Price
$2,199,929
Sold Price
$2,199,929
Current Estimated Value
$2,092,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$107,596
Avg. Annual Appreciation
-11.78%
Original Mortgage
$850,000
Outstanding Balance
$815,468
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$666,844

Purchase Details

Closed on
Apr 15, 2016
Sold by
3 Bayberry Rd Llc
Bought by
Mersinger Deborah A and Mersinger Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 7, 2013
Sold by
Mccabe Lovella B
Bought by
3 Bayberry Rd Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jennings Steven $2,199,929 None Listed On Document
Mersinger Deborah A $325,000 None Available
3 Bayberry Rd Llc $250,000 --
Mccabe Lovella B -- --
Mccabe Lovella B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennings Steven $850,000
Previous Owner Mersinger Deborah A $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $2,199,929 0.0% $584 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $2,199,929 -- $584 / 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 $2,370 $5,900 $5,000 $900
2023 $2,368 $5,900 $5,000 $900
2022 $2,354 $5,900 $5,000 $900
2021 $2,284 $5,900 $5,000 $900
2020 $2,186 $5,900 $5,000 $900
2019 $2,177 $5,900 $5,000 $900
2018 $2,174 $56,850 $0 $0
2017 $249 $5,900 $0 $0
2016 $222 $5,900 $0 $0
2015 $228 $5,900 $0 $0
2014 $225 $5,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2021776

Bright MLS

APN: 533-20.13-47.00