NOT LISTED FOR SALE

38333 Old Mill Way Unit 14 Ocean View, DE 19970

Estimated Value: $395,000 - $532,000

2 Beds
2 Baths
1,530 Sq Ft
$427/mo HOA Fee

Last Sold October 08, 2021

Last sale price $415,000 $271 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,130/month

Highlights

  • Pier or Dock
  • Fitness Center
  • Clubhouse
  • Lord Baltimore Elementary School Rated A-
  • Lake Privileges
  • Coastal Architecture

About This Home

As of October 2021

Welcome to the beautiful Bayside at Bethany Lakes community on the Indian River Bay! This first floor end unit condo features 2 bedrooms, 2 bathrooms and a single car attached garage. The living room has large windows allowing tons of natural light with views of the bay plus a cozy fireplace. The kitchen features plenty of counter and cabinet space with breakfast nook and door out to the covered porch to enjoy your morning coffee or breakfast. You have a formal dining area just off the living room great for entertaining friends and family. The primary en suite includes a walk-in closet, soaking tub and stall shower. An additional walk in closet allows for extra storage space and a convenient separate laundry room. This unit is ADA compliant with no steps leading up to the front door, wider doorways, height adjusted light switches and wider garage. Just a short drive to Bethany Beach and conveniently located across the street from the 10,000 square foot Clubhouse with indoor and outdoor pools, hot tub, steam rooms, game room with arcade games, bar area, sitting room and fitness center with bay views. This community also features tennis courts, kids playground, sunset deck on the water and boat slips available upon availability/request for additional fee. Schedule your private tour today!

Last Agent to Sell the Property

Russell Griffin

(302) 745-1083 russellgriffin@remax.net Keller Williams Realty License #RA-0020424 Listed on: 07/26/2021

Keller Williams Realty

Co-Listed By

Julleanna Seely

(302) 841-3224 julleanna@griffinhigginsteam.com Keller Williams Realty

Last Buyer's Agent

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $999

Year Built

  • Built in 2005

Lot Details

  • 7,275

HOA Fees

  • $427 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,530 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Screens
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Lake Privileges
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Private Water Source
  • Propane Water Heater

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 134-09.00-37.01-14

Community Details

Overview

  • Association fees include trash
  • Bayside At Bethany Lakes Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Community Library
  • Recreation Room

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Spa

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$999

Year Built

Built in 2005

Lot Details

0

HOA Fees

$427 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Inclusions: Majority of furniture.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to the beautiful Bayside at Bethany Lakes community on the Indian River Bay! This first floor end unit condo features 2 bedrooms, 2 bathrooms and a single car attached garage. The living room has large windows allowing tons of natural light with views of the bay plus a cozy fireplace. The kitchen features plenty of counter and cabinet space with breakfast nook and door out to the covered porch to enjoy your morning coffee or breakfast. You have a formal dining area just off the living room great for entertaining friends and family. The primary en suite includes a walk-in closet, soaking tub and stall shower. An additional walk in closet allows for extra storage space and a convenient separate laundry room. This unit is ADA compliant with no steps leading up to the front door, wider doorways, height adjusted light switches and wider garage. Just a short drive to Bethany Beach and conveniently located across the street from the 10,000 square foot Clubhouse with indoor and outdoor pools, hot tub, steam rooms, game room with arcade games, bar area, sitting room and fitness center with bay views. This community also features tennis courts, kids playground, sunset deck on the water and boat slips available upon availability/request for additional fee. Schedule your private tour today!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Microwave, Washer, Dryer, Water Heater, Oven/Range - Gas
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Pantry, Primary Bath(s), Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Recessed Lighting
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry, Primary Bathroom, Full Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1530
  • Living Area Sq Ft: 1530
  • Price Per Sq Ft: 277.78
  • Above Grade Finished Sq Ft: 1530
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38333

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Sidewalks, Underground Lawn Sprinkler
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 427.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Pool - Indoor, Basketball Courts, Fitness Center, Pier/Dock, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges, Hot Tub, Game Room, Library, Recreational Center, Sauna
  • HOA Condo Co-Op Fee Includes: Trash
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Indoor

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: 23900.00
  • Land Assessed Value: 1450.00
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2021
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5127094
  • School Tax: 886.00
  • Tax Annual Amount: 999.00
  • Assessor Parcel Number: 134-09.00-37.01-14
  • Tax Total Finished Sq Ft: 1530
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/08/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Oct 8, 2021
Sold by
Rutherford Joseph A and Rutherford Joanne K
Bought by
Mallo Donald and Mallo Corinne A
Seller's Agent
Russell Griffin
Keller Williams Realty
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Current Estimated Value
$496,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,088
Avg. Annual Appreciation
4.60%
Original Mortgage
$311,250
Outstanding Balance
$284,607
Interest Rate
2.99%
Estimated Equity
$211,481
Source: Public Records

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
Mallo Donald $415,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallo Donald $311,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $415,000 -2.4% $271 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $425,000 +85.6% $278 / Sq Ft
01/20/2017 01/20/17 Sold $229,000 -16.7% $152 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $274,900 -- $183 / 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
2025 $862 $23,900 $0 $23,900
2024 $1,073 $23,900 $0 $23,900
2023 $1,074 $23,900 $0 $23,900
2022 $1,057 $23,900 $0 $23,900
2021 $1,026 $23,900 $0 $23,900
2020 $985 $23,900 $0 $23,900
2019 $980 $23,900 $0 $23,900
2018 $990 $25,350 $0 $0
2017 $966 $25,350 $0 $0
2016 $883 $25,350 $0 $0
2015 $909 $25,350 $0 $0
2014 $896 $25,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2002546

Bright MLS

APN: 134-09.00-0037.01- 14