NOT LISTED FOR SALE

38481 Milda Dr Ocean View, DE 19970

Estimated Value: $473,011 - $611,000

4 Beds
3.5 Baths
2,080 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $307,500 $148 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,009/month

Highlights

  • Cape Cod Architecture
  • Deck
  • No HOA
  • Lord Baltimore Elementary School Rated A-
  • Loft
  • Porch

About This Home

As of March 2019

Come see this spectacular stone home in the lovely Ocean Way Estates, just minutes from Bethany Beach and Route 1. The beautiful stone facade, which is unique for this community, sets the stage when you come home from a day at the beach with the opportunity to relax in the peace and quiet. This home provides plenty of parking for guests who may visit and more than enough space for them inside. As you walk through the grand foyer, you enter the large great room through a stone archway. With a large pass through into the kitchen and french doors out to the deck, its a great space for entertaining. The kitchen, foyer, and bathrooms all have tile floors. The loft upstairs is a perfect place for the younger ones to play while the adults enjoy the great room downstairs. The loft adjoins two very spacious bedrooms and a full bathroom. The master and one additional bedroom, both with private bathrooms, are downstairs. The master suite includes a walk in closet and french doors leading to the deck overlooking a large backyard. Schedule your tour today!

Last Agent to Sell the Property

Shane Pezick

RE/MAX Associates-Wilmington Listed on: 10/30/2018

RE/MAX Associates-Wilmington

Last Buyer's Agent

Ann Raskauskas

BETHANY AREA REALTY LLC License #RB-0020092

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,204

Year Built

  • Built in 2004

Lot Details

  • 10,123 Sq Ft Lot
  • Lot Dimensions are 75x135
  • Level Lot
  • Back and Front Yard
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Front Facing Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Pitched Roof
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • Property has 1 Level
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Family Room
  • Living Room
  • Loft
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • Ocean Way Estates Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 134-17.00-237.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,204

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2004
  • Remarks Public: Come see this spectacular stone home in the lovely Ocean Way Estates, just minutes from Bethany Beach and Route 1. The beautiful stone facade, which is unique for this community, sets the stage when you come home from a day at the beach with the opportunity to relax in the peace and quiet. This home provides plenty of parking for guests who may visit and more than enough space for them inside. As you walk through the grand foyer, you enter the large great room through a stone archway. With a large pass through into the kitchen and french doors out to the deck, its a great space for entertaining. The kitchen, foyer, and bathrooms all have tile floors. The loft upstairs is a perfect place for the younger ones to play while the adults enjoy the great room downstairs. The loft adjoins two very spacious bedrooms and a full bathroom. The master and one additional bedroom, both with private bathrooms, are downstairs. The master suite includes a walk in closet and french doors leading to the deck overlooking a large backyard. Schedule your tour today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Loft
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2080
  • Living Area Sq Ft: 2080
  • Net Sq Ft: 2080.00
  • Price Per Sq Ft: 151.44
  • Above Grade Finished Sq Ft: 2080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38481

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 28850.00
  • Land Assessed Value: 3000.00
  • Land Use Code: RS
  • Lot Features: Level, Front Yard, Rear Yard
  • Lot Size Acres: 0.23
  • Lot Dimensions: 75X135
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10123.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: L
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5113121
  • Tax Annual Amount: 1204.00
  • Assessor Parcel Number: 134-17.00-237.00
  • Tax Lot: 8
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/08/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2018
Closed on
Mar 1, 2019
Sold by
Ferrante Italo
Bought by
Wollmuth Ryan L and Wollmuth Marbyeth
Seller's Agent
Shane Pezick
RE/MAX Associates-Wilmington
Buyer's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
List Price
$369,900
Sold Price
$307,500
Premium/Discount to List
-$62,400
-16.87%
Current Estimated Value
$544,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,753
Avg. Annual Appreciation
8.56%
Original Mortgage
$246,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2018
Sold by
Ferrante Massimo and Ferrante Italo
Bought by
Ferrante Italo

Purchase Details

Closed on
Aug 16, 2001
Bought by
Ferrante Massimo and Ferrante Italo
Source: Public Records

Range of Values:

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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
Wollmuth Ryan L $307,500 --
Ferrante Italo -- --
Ferrante Massimo $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wollmuth Ryan L $100,000
Open Wollmuth Marybeth $247,900
Closed Wollmuth Ryan L $246,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $307,500 -2.4% $148 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
01/04/2019 01/04/19 Price Changed $315,000 -4.5% $151 / Sq Ft
11/29/2018 11/29/18 Price Changed $330,000 -5.7% $159 / Sq Ft
11/15/2018 11/15/18 Price Changed $349,900 -5.4% $168 / Sq Ft
10/30/2018 10/30/18 For Sale $369,900 -- $178 / 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 $1,317 $31,850 $3,000 $28,850
2023 $1,316 $31,850 $3,000 $28,850
2022 $1,294 $31,850 $3,000 $28,850
2021 $1,255 $31,850 $3,000 $28,850
2020 $1,198 $31,850 $3,000 $28,850
2019 $1,193 $31,850 $3,000 $28,850
2018 $1,204 $31,850 $0 $0
2017 $1,214 $31,850 $0 $0
2016 $1,070 $31,850 $0 $0
2015 $1,103 $31,850 $0 $0
2014 $1,086 $31,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU100572

Bright MLS

APN: 134-17.00-237.00