$425,000
SOLD OCT 18, 2024

38509 Reservation Trail Ocean View, DE 19970

3 Beds
2 Baths
1,240 Sq Ft
0.27 Acres

Recently Sold

$343 Per Sq Ft

5% Below List Price

0 Day on Market

Highlights

  • Open Floorplan
  • Rambler Architecture
  • Main Floor Bedroom
  • Lord Baltimore Elementary School Rated A-
  • Wood Flooring
  • Furnished

About This Home

As of October 2024

Nestled in a quaint community of just 50 homes with no HOA, this charming 1-level, 3-bedroom, 2-bath home sits on .27-acre lot. Built in 1998 and used only occasionally, this 1,240 sq. ft. home offers the perfect retreat for those seeking a modest beach escape without the extras of larger communities. Ideally located next to the James Farm Ecological Preserve and Josiah Cove, you're just a short walk to Bethany Club Tennis and only a mile from the VFW. Enjoy the peaceful surroundings while being less than 4 miles from the heart of Bethany Beach.

Last Agent to Sell the Property

SUSAN ASH

(302) 858-7477 yoursussexcountyagent@gmail.com RE/MAX Coastal License #RS-0013706 Listed on: 09/13/2024

RE/MAX Coastal

Last Buyer's Agent

SUSAN ASH

(302) 858-7477 yoursussexcountyagent@gmail.com RE/MAX Coastal License #RS-0013706 Listed on: 09/13/2024

RE/MAX Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $733

Year Built

  • Built in 1998

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80.00 x 150.00
  • Property is in excellent condition
  • Property is zoned MR

Parking

  • 2 Car Detached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Pool

  • Outdoor Shower

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Reservation Subdivision

Listing and Financial Details

  • Assessor Parcel Number 134-09.00-571.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$733

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Remarks Public: Nestled in a quaint community of just 50 homes with no HOA, this charming 1-level, 3-bedroom, 2-bath home sits on .27-acre lot. Built in 1998 and used only occasionally, this 1,240 sq. ft. home offers the perfect retreat for those seeking a modest beach escape without the extras of larger communities. Ideally located next to the James Farm Ecological Preserve and Josiah Cove, you're just a short walk to Bethany Club Tennis and only a mile from the VFW. Enjoy the peaceful surroundings while being less than 4 miles from the heart of Bethany Beach.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Carpet, Laminated, Wood
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1240
  • Living Area Sq Ft: 1240
  • Price Per Sq Ft: 362.10
  • Above Grade Finished Sq Ft: 1240
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38509

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Outside Shower
  • Road Surface Type: Black Top
  • Roof: Composite
  • 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
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.27
  • Lot Dimensions: 80.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 654.00
  • Tax Annual Amount: 733.00
  • Assessor Parcel Number: 134-09.00-571.00
  • Tax Total Finished Sq Ft: 1240
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 10/18/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Oct 14, 2024
Sold by
George Christopher
Bought by
Oakes Michael and Oakes Paige
Seller's Agent
SUSAN ASH
RE/MAX Coastal
Buyer's Agent
SUSAN ASH
RE/MAX Coastal
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Views
1
Current Estimated Value
$438,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,485
Avg. Annual Appreciation
3.27%
Original Mortgage
$425,000
Outstanding Balance
$420,532
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
$17,953

Purchase Details

Closed on
Oct 1, 1989
Bought by
George Vincent J
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 Type Sale Price Title Company
Deed $425,000 None Listed On Document
Deed $12,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $425,000 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $425,000 -5.3% $343 / Sq Ft
09/13/2024 09/13/24 For Sale $449,000 -- $362 / 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 $1,361 $17,750 $3,000 $14,750
2024 $1,000 $17,750 $3,000 $14,750
2023 $756 $17,750 $3,000 $14,750
2022 $740 $17,750 $3,000 $14,750
2021 $725 $17,750 $3,000 $14,750
2020 $746 $17,750 $3,000 $14,750
2019 $745 $17,750 $3,000 $14,750
2018 $743 $17,750 $0 $0
2017 $746 $17,750 $0 $0
2016 $711 $17,750 $0 $0
2015 $720 $17,750 $0 $0
2014 $710 $17,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2070504

Bright MLS

APN: 134-09.00-571.00