NOT LISTED FOR SALE

38373 Old Mill Way Unit 142 Ocean View, DE 19970

Estimated Value: $449,384 - $495,000

3 Beds
2.5 Baths
1,800 Sq Ft
$264/Sq Ft Est. Value

Last Sold March 06, 2019

Last sale price $229,162 $127 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,165/month

15 Days on Market

Highlights

  • Fitness Center
  • Coastal Architecture
  • 1 Fireplace
  • Lord Baltimore Elementary School Rated A-
  • Community Indoor Pool
  • Upgraded Countertops

About This Home

As of March 2019

A must when looking for an oversized home just minutes the resort beach areas. Close to shopping and all the resort towns have to offer. Why wait for new construction and pay extra for upgrades when everything you want is right here ready and waiting? This 3 bedroom 2.1 baths open floor plan, rear deck, master suite, lots of storage, eat in kitchen, dining area, separate living room with fireplace and much more

Last Listed By

Sheri Smith

Keller Williams Realty Delmarva License #RS-0015670 Listed on: 12/31/2018

Keller Williams Realty Delmarva

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,183

Year Built

  • Built in 2005

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 134-09.00-37.01-142

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, recreation facility, alarm system, trash
  • Bayside At Bethany Lakes HOA
  • Bayside At Bethany Lakes Community
  • Bayside At Bethany Lakes Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,183

Year Built

Built in 2005

Lot Details

0

HOA Fees

$420 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2005
  • Remarks Public: A must when looking for an oversized home just minutes the resort beach areas. Close to shopping and all the resort towns have to offer. Why wait for new construction and pay extra for upgrades when everything you want is right here ready and waiting? This 3 bedroom 2.1 baths open floor plan, rear deck, master suite, lots of storage, eat in kitchen, dining area, separate living room with fireplace and much more
  • Special Features: 4160
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Eat-In, Kitchen - Table Space, Kitchen - Island, Primary Bath(s), Upgraded Countertops
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 152.78
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38373

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • 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 - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 420.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Common Grounds, Exercise Room, Pool - Indoor, Basketball Courts, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Recreation Facility, Alarm System, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: BAYSIDE AT BETHANY LAKES
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Indoor, In Ground

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Units: Square Feet
  • Year Assessed: 2018
  • Zoning: E
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5127097
  • School Tax: 1044.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1183.00
  • Assessor Parcel Number: 134-09.00-37.01-142
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/06/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2018
Closed on
Mar 6, 2019
Sold by
Us Bank Na Tr
Bought by
Mcfarland Sheila
Seller's Agent
Sheri Smith
Keller Williams Realty Delmarva
Buyer's Agent
NON MEMBER
NONMEM
List Price
$275,000
Sold Price
$229,163
Premium/Discount to List
-$45,838
-16.67%
Total Days on Market
15
Current Estimated Value
$475,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,184
Avg. Annual Appreciation
12.53%
Original Mortgage
$183,330
Outstanding Balance
$123,114
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$352,232

Purchase Details

Closed on
Nov 28, 2018
Sold by
Smith Linda R and Smith Douglas M
Bought by
Us Bank Na

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
Mcfarland Sheila $229,162 --
Us Bank Na $401,457 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfarland Sheila $183,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2019 03/06/19 Sold $229,163 -16.7% $127 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
12/31/2018 12/31/18 For Sale $275,000 -- $153 / 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 $1,319 $29,550 $0 $29,550
2023 $1,320 $29,550 $0 $29,550
2022 $1,299 $29,550 $0 $29,550
2021 $1,261 $29,550 $0 $29,550
2020 $1,209 $29,550 $0 $29,550
2019 $1,203 $29,550 $0 $29,550
2018 $1,215 $31,300 $0 $0
2017 $1,193 $31,300 $0 $0
2016 $1,083 $31,300 $0 $0
2015 $1,115 $31,300 $0 $0
2014 $1,099 $31,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU128544

Bright MLS

APN: 134-09.00-37.01-142