$250,000
SOLD APR 21, 2013

38373 Old Mill Way Unit 140 Ocean View, DE 19970

3 Beds
2 Baths
-- Sq Ft
2005 Built

Recently Sold

249 Days on Market

Highlights

  • Pier or Dock
  • Water Access
  • In Ground Pool
  • Lord Baltimore Elementary School Rated A-
  • Fitness Center
  • Wood Flooring

About This Home

As of March 2021

REDUCED! Seller will contribute $3000.00 towards closing costs. Nicely appointed 3br,2ba condo offering gas fireplace, hardwoods, vaulted ceiling, tile, garage!Great ammenities (inground pool,tennis, playground, exercise room )Condo fees just reduced 1200.00 annually.

Last Agent to Sell the Property

DOTTIE WELLS

Long & Foster Real Estate, Inc. Listed on: 07/12/2012

Last Buyer's Agent

Suzanne Macnab

RE/MAX Coastal License #RS-0012856

RE/MAX Coastal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,073

Year Built

  • Built in 2005

Lot Details

  • Sprinkler System

Home Design

  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Insulated Doors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Water Access

Utilities

  • Central Air
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-09.00-37.01-140

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium

Amenities

  • Community Center
  • Party Room

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,073

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Washer, Water Heater
  • Entry Floor: 140
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In, Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Concrete Perimeter
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 1
  • Room List: Laundry
  • Basement: No

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler
  • Pool Features: In Ground
  • Roof: Architectural Shingle
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3696.00
  • HOA Condo Co-Op Amenities: Cable, Community Center, Fitness Center, Party Room, Hot Tub, Tennis Courts, Pier/Dock, Tot Lots/Playground, Swimming Pool, Pool - Outdoor
  • HOA: No
  • Community Pool Features: Indoor

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Rental Info

  • Furnished: Yes
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5127095
  • Assessor Parcel Number: 134-09.00-37.01-140
  • County Tax Payment Frequency: Annually
  • Close Date: 04/21/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 18, 2021
Sold by
Madey Robald E
Bought by
Obrien Stephen V and Obrian Kathryn E
Seller's Agent
Suzanne Macnab
RE/MAX Coastal
Buyer's Agent
Donna Hardy
Northrop Realty
List Price
$349,000
Sold Price
$356,000
Premium/Discount to List
$7,000
2.01%
Current Estimated Value
$501,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,516
Avg. Annual Appreciation
7.91%
Original Mortgage
$250,000
Outstanding Balance
$227,481
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$269,125
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 Type Sale Price Title Company
Deed $356,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $356,000 +2.0% $233 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $349,000 +39.6% $228 / Sq Ft
04/21/2013 04/21/13 Sold $250,000 0.0% --
03/18/2013 03/18/13 Pending -- -- --
07/12/2012 07/12/12 For Sale $250,000 -- --
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 $1,073 $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: 1001209064

Bright MLS

APN: 134-09.00-0037.01- 140