NOT LISTED FOR SALE

38329 Old Mill Way Unit 7 Ocean View, DE 19970

Estimated Value: $539,856 - $653,000

4 Beds
2.5 Baths
2,400 Sq Ft
$452/mo HOA Fee

Last Sold November 13, 2020

Last sale price $409,990 $171 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,985/month

2 Days on Market

Highlights

  • Lake Privileges
  • Coastal Architecture
  • Wood Flooring
  • Lord Baltimore Elementary School Rated A-
  • Vaulted Ceiling
  • Community Indoor Pool

About This Home

As of November 2020

Located in a waterfront community, this beautiful 4BR/2.5BA villa offers an eat in kitchen with breakfast bar, formal dining area, gas fireplace, screen porch , 2 car garage and amazing community amenities. Less than 3 miles to the beach , golfing, fishing and state parks nearby. Going to go quickly, so make your appointment today!

Last Agent to Sell the Property

William Bjorkland

Coldwell Banker Realty License #RS-0023035 Listed on: 09/09/2020

Coldwell Banker Realty

Last Buyer's Agent

Shirley Price

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 2004

HOA Fees

  • $452 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Partial Basement
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Lake Privileges
  • Screened Patio
  • Porch

Utilities

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

Additional Features

  • More Than Two Accessible Exits
  • Sprinkler System
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-09.00-37.01-7

Community Details

Overview

  • $904 Capital Contribution Fee
  • Association fees include common area maintenance
  • Legum & Norman HOA
  • Low-Rise Condominium
  • Bayside At Bethany Lakes Subdivision

Amenities

  • Community Center
  • Party Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Indoor Pool

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,238

Year Built

Built in 2004

Lot Details

0

HOA Fees

$452 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Inclusions: Not furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Eat-In, Skylight(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 170.83
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38329

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Stick Built
  • Exterior Features: Lawn Sprinkler, Sidewalks
  • Roof: Asphalt, 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
  • Parking Features: Paved Driveway
  • Garage Features: Built In
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

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
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 452.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Community Center, Party Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges, Cable
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: LEGUM & NORMAN
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Indoor

Fee Information

  • Capital Contribution Fee: 904.00

Schools

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

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Porch(es), Screened
  • Year Assessed: 2020
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1091.00
  • Tax Annual Amount: 1238.00
  • Assessor Parcel Number: 134-09.00-37.01-7
  • Tax Total Finished Sq Ft: 1261
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/13/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Nov 13, 2020
Sold by
Discepolo A Donald A and Discepolo Stephanie A
Bought by
Mcelwee David and Mcelwee Lynne
Seller's Agent
William Bjorkland
Coldwell Banker Realty
Buyer's Agent
Shirley Price
Long & Foster Real Estate, Inc.
List Price
$409,990
Sold Price
$409,990
Total Days on Market
2
Current Estimated Value
$607,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,224
Avg. Annual Appreciation
8.73%
Source: Public Records

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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
Mcelwee David $409,990 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $409,990 0.0% $171 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $409,990 +16.3% $171 / Sq Ft
01/26/2017 01/26/17 Sold $352,500 -4.7% $147 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $369,900 -- $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 $1,486 $32,900 $0 $32,900
2023 $1,487 $32,900 $0 $32,900
2022 $1,464 $32,900 $0 $32,900
2021 $1,421 $32,900 $0 $32,900
2020 $1,361 $32,900 $0 $32,900
2019 $1,355 $32,900 $0 $32,900
2018 $1,368 $35,350 $0 $0
2017 $1,379 $35,350 $0 $0
2016 $1,219 $35,350 $0 $0
2015 $1,255 $35,350 $0 $0
2014 $1,237 $35,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU168676

Bright MLS

APN: 134-09.00-0037.01- 7