NOT LISTED FOR SALE

Estimated Value: $1,347,000 - $2,164,000

5 Beds
5 Baths
3,000 Sq Ft
$547/Sq Ft Est. Value

Sale Details

Date Sold: May 27, 2021

Last sale price $1,050,000 $350 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $9,224 / mo

200 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Private Dock Site
  • Water Access
  • Phillip C. Showell Elementary School Rated A-
  • Home fronts navigable water
  • Bay View

About This Home

As of May 2021

Brand new Renovated Custom Built 5 Bedroom 3.2 Bath waterfront home is located in desirable Keen-Wik Community. This home is the epitome of superior excellence, nestled on one of the widest canals on Assawoman bay with depths perfect for any fisherman's dream boat.. allowing you to park your boat at your private dock with just steps away from firing up the grill and enjoying your catch of the day. This fabulous home offers an abundance of custom amenities to include an Elevator for easy access to main living area on 3rd floor with beautiful panoramic views; Stone gas Fireplace, gourmet Custom Built Kitchen Cabinets; Interior custom Cable stairway Railings, and Custom design showers in Owner Suites. Best of all, this property elevation is above the flood plain and does “NOT” require Flood Insurance. This property is a must see with so many excellent features; 2 Owner suites, 3 Floors of Living space with Decks on each Floor overlooking Canal Bayview; Great Room with Vaulted Ceilings; Hardwood Flooring, Ceiling fans, recessed lighting, crown molding and granite countertops throughout; Green Energy Tankless Water Heater; Beautiful exterior 360 degree Soffit lighting, Timber Tech Composite three Floor decking with low voltage lighting throughout with additional rear outside access to 2nd floor deck. A beautiful Accented Stamped Concrete 1st floor rear patio, walkway and Driveway completes this beautifully custom design home. Great location with easy access to many restaurants, Offshore fishing through Ocean City Inlet, and only 2 miles to Fenwick beaches. ,Come take a tour today and see all the amenities this home has to offer too many to mention a must see! Also available is an amazing 3D virtual tour upon request. Your Oasis awaits!!!

Last Agent to Sell the Property

Sandy Penman

(302) 285-5100 dwatlington@psre.com Patterson-Schwartz-Middletown Listed on: 09/18/2020

Patterson-Schwartz-Middletown

Last Buyer's Agent

Marsha White

(302) 539-4013 Surfingbethany@aol.com Crowley Associates Realty License #RS-0017470

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $868

Year Built

  • Built in 2019

Lot Details

  • 5,250 Sq Ft Lot
  • Lot Dimensions are 50 x 105
  • Home fronts navigable water
  • Home fronts a canal
  • East Facing Home
  • Property is in excellent condition
  • Property is zoned MR

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Property Views

  • Bay
  • Canal

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 1st floor
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Open Floorplan
  • Dual Staircase
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Stone Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Storm Windows

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Water Access
  • Property is near a canal
  • Bulkhead
  • Private Dock Site
  • Powered Boats Permitted
  • Multiple Balconies
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Tankless Water Heater

Community Details

  • Keen Wik On The Bay HOA
  • Built by Brobst Home Improvements LLC
  • Keen Wik Subdivision

Listing and Financial Details

  • Clean and Green
  • Assessor Parcel Number 533-19.12-112.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$868

Year Built

Built in 2019

Lot Details

5,250 Sq Ft Lot

HOA Fees

$4 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator, Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Story List: Main, Upper 2, Upper 3
  • Federal Flood Zone: No
  • Year Built: 2019
  • Year Renovated: 2019
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Crown Moldings, Double/Dual Staircase, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Pantry, Primary Bedroom - Bay Front, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Double Pane, Energy Efficient, Storm
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Elevators Count: 1
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Great Room, Laundry, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 366.67
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Masonry, Vinyl Siding
  • Exterior Features: Exterior Lighting, Sidewalks
  • Roof: Architectural Shingle
  • Spa: No
  • View: Bay, Canal
  • Water Access Features: Boat - Powered
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Parking
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • 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
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: KEEN-WIK ON THE BAY HOA
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bulkheaded
  • Lot Size Acres: 0.12
  • Lot Dimensions: 50 X 105
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5250.00
  • Outdoor Living Structures: Deck(s), Patio(s), Balconies- Multiple
  • Property Condition: Excellent
  • Zoning: MR
  • Zoning Description: Residential
  • In City Limits: No

Green Features

  • Clean Green Assessed: Yes
  • Green Remarks: Tankless Water heater

Building Info

  • Builder Name: Brobst Home Improvements LLC

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5239774
  • School Tax: 753.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 868.00
  • Assessor Parcel Number: 533-19.12-112.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
May 27, 2021
Sold by
Brobst Matthew E and Brobst Yvonne
Bought by
Seller's Agent
Sandy Penman
Patterson-Schwartz-Middletown
Buyer's Agent
Marsha White
Crowley Associates Realty
List Price
$1,199,000
Sold Price
$1,050,000
Premium/Discount to List
-$149,000
-12.43%
Current Estimated Value
$1,639,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$589,984
Avg. Annual Appreciation
8.86%
Original Mortgage
$840,000
Outstanding Balance
$745,139
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$894,845

Purchase Details

Closed on
May 28, 2019
Sold by
Werner John J and Werner Kathleen
Bought by
Brobst Matthew E and Brobst Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2013
Sold by
Linda Linda
Bought by
Werner John J and Werner Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
4.14%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Selbyville, DE

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,050,000 None Available
Brobst Matthew E $330,000 --
Werner John J $242,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $840,000
Previous Owner Brobst Matthew E $264,000
Previous Owner Werner John J $193,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $1,050,000 -4.5% $350 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
02/17/2021 02/17/21 Price Changed $1,100,000 -4.3% $367 / Sq Ft
01/04/2021 01/04/21 Price Changed $1,149,999 -4.1% $383 / Sq Ft
09/18/2020 09/18/20 For Sale $1,199,000 -- $400 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,584 $22,100 $4,000 $18,100
2024 $1,282 $22,100 $4,000 $18,100
2023 $1,281 $22,100 $4,000 $18,100
2022 $1,261 $22,100 $4,000 $18,100
2021 $1,223 $22,100 $4,000 $18,100
2020 $1,171 $22,100 $4,000 $18,100
2019 $868 $22,100 $4,000 $18,100
2018 $852 $22,100 $0 $0
2017 $859 $22,100 $0 $0
2016 $758 $22,100 $0 $0
2015 $781 $22,100 $0 $0
2014 $770 $22,100 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: DESU169510

Bright MLS

APN: 533-19.12-112.00

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