NOT LISTED FOR SALE

38327 Old Mill Way Unit 4 Ocean View, DE 19970

Estimated Value: $553,726 - $635,000

3 Beds
2.5 Baths
2,560 Sq Ft
$235/Sq Ft Est. Value

Last Sold September 18, 2024

Last sale price $592,600 $231 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,005/month

46 Days on Market

Highlights

  • Pier or Dock
  • Fitness Center
  • Contemporary Architecture
  • Lord Baltimore Elementary School Rated A-
  • Eat-In Gourmet Kitchen
  • Two Story Ceilings

About This Home

As of September 2024

Don't miss this lovely 2 story contemporary villa located in a beautiful waterfront community close to the beach with wonderful amenities to enjoy year-round. Offers a great floor plan with 2 story living room with gas fireplace, dining room, gourmet kitchen with breakfast nook, spacious first floor primary suite with sitting area, large loft and 2 guest rooms on the second floor, screen porch and 2 car garage. Just a short walk to the fabulous community clubhouse, indoor/outdoor pool with views of Whites Creek, fitness center, day dock, tennis courts and more. Great location, bike to beach and downtown Bethany. Enjoy year round, a great second home or excellent rental potential.

Last Listed By

VICKIE BINSTED

BETHANY AREA REALTY LLC Listed on: 07/04/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,592

Year Built

  • Built in 2004

Lot Details

  • West Facing Home
  • Landscaped
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $534 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Semi-Detached or Twin Home
  • Contemporary Architecture
  • Villa
  • Frame Construction
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 2,560 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Crown Molding
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Formal Dining Room
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Screened Patio
  • Playground
  • Porch

Schools

  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Metered Propane
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-09.00-37.01-4

Community Details

Overview

  • $1,030 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, pool(s), recreation facility, trash
  • $150 Other One-Time Fees
  • Built by Toll Brothers
  • Bayside At Bethany Lakes Community
  • Bayside At Bethany Lakes Subdivision
  • Property Manager

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool

Pet Policy

  • Limit on the number of pets

Additional Features

  • Recreation Room
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,592

Year Built

Built in 2004

Lot Details

0

HOA Fees

$534 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Contemporary, Villa
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Leather reclining chair and matching ottoman and blanket, all items on patio, contents of garage, bicycles, Alexa/firestick devices, pantry contents, contents of all closets, freestanding small bird statue in dining room, plant and stand next to front do
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-07-04
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Don't miss this lovely 2 story contemporary villa located in a beautiful waterfront community close to the beach with wonderful amenities to enjoy year-round. Offers a great floor plan with 2 story living room with gas fireplace, dining room, gourmet kitchen with breakfast nook, spacious first floor primary suite with sitting area, large loft and 2 guest rooms on the second floor, screen porch and 2 car garage. Just a short walk to the fabulous community clubhouse, indoor/outdoor pool with views of Whites Creek, fitness center, day dock, tennis courts and more. Great location, bike to beach and downtown Bethany. Enjoy year round, a great second home or excellent rental potential.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater, Oven - Self Cleaning
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Sprinkler System, Bathroom - Stall Shower, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room Count: 9
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2560
  • Living Area Sq Ft: 2560
  • Price Per Sq Ft: 234.34
  • Above Grade Finished Sq Ft: 2560
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38327

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Exterior Features: Lawn Sprinkler, Play Area, Sidewalks, Tennis Court(s)
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Propane - Metered
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane
  • Monthly Water Average: 110
  • Water Previous Twelve Months: 1320.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 534.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room, Pier/Dock, Pool - Indoor, Pool - Outdoor, Recreational Center, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Pool(s), Recreation Facility, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Indoor, Heated

Fee Information

  • Other Fees: 150.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 1030.00

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Features: Corner, Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es), Screened
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: GR
  • In City Limits: No

Building Info

  • Builder Name: Toll Brothers

Rental Info

  • Furnished: Yes
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1421.00
  • Tax Annual Amount: 1592.00
  • Assessor Parcel Number: 134-09.00-37.01-4
  • Tax Total Finished Sq Ft: 1119
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 09/18/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2024
Closed on
Sep 18, 2024
Sold by
Dreyfuss Jessica Lee and Lainas Constantine Dean
Bought by
Cohen Jonathan S
Seller's Agent
VICKIE BINSTED
BETHANY AREA REALTY LLC
Buyer's Agent
William Bjorkland
Coldwell Banker Realty
List Price
$599,900
Sold Price
$592,600
Premium/Discount to List
-$7,300
-1.22%
Total Days on Market
46
Views
37
Current Estimated Value
$601,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,082
Avg. Annual Appreciation
2.44%

Purchase Details

Listed on
Feb 2, 2017
Closed on
Nov 9, 2017
Sold by
Skerpon David B and Baldrige Christopher W
Bought by
Spaulding Timothy M and Spaulding Beth H
Seller's Agent
Colleen Windrow
Keller Williams Realty
Buyer's Agent
William Bjorkland
Coldwell Banker Realty
List Price
$394,900
Sold Price
$341,000
Premium/Discount to List
-$53,900
-13.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%

Purchase Details

Listed on
Jul 11, 2011
Closed on
May 11, 2012
Sold by
Tayman Allen L and Tayman Deborah D
Bought by
Skerpon David B and Baldrige Christopher W
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
HEATHER GRAY
Keller Williams Realty
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.18%
Original Mortgage
$375,000
Interest Rate
3.88%
Mortgage Type
Unknown

Range of Values:

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Average Value
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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
Cohen Jonathan S $592,600 None Listed On Document
Spaulding Timothy M $341,000 --
Skerpon David B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skerpon David B $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2024 09/18/24 Sold $592,600 -1.2% $231 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $599,900 0.0% $234 / Sq Ft
07/09/2024 07/09/24 Off Market $599,900 -- --
07/04/2024 07/04/24 For Sale $599,900 +65.7% $234 / Sq Ft
11/01/2019 11/01/19 Sold $362,000 -3.4% $141 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $374,900 +9.9% $146 / Sq Ft
11/09/2017 11/09/17 Sold $341,000 -4.5% $136 / Sq Ft
09/25/2017 09/25/17 Pending -- -- --
08/25/2017 08/25/17 Price Changed $356,900 -9.6% $142 / Sq Ft
02/02/2017 02/02/17 For Sale $394,900 +2.6% $158 / Sq Ft
05/11/2012 05/11/12 Sold $385,000 0.0% $154 / Sq Ft
03/11/2012 03/11/12 Pending -- -- --
07/11/2011 07/11/11 For Sale $385,000 -- $154 / 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 $1,619 $36,050 $0 $36,050
2023 $1,619 $36,050 $0 $36,050
2022 $1,594 $36,050 $0 $36,050
2021 $1,547 $36,050 $0 $36,050
2020 $1,481 $36,050 $0 $36,050
2019 $1,475 $36,050 $0 $36,050
2018 $1,459 $38,550 $0 $0
2017 $1,470 $38,550 $0 $0
2016 $1,326 $38,550 $0 $0
2015 $1,366 $38,550 $0 $0
2014 $1,326 $38,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DESU2065386

Bright MLS

APN: 134-09.00-0037.01- 4