NOT LISTED FOR SALE

38547 Reservation Trail Ocean View, DE 19970

Estimated Value: $838,000 - $1,078,000

5 Beds
3.5 Baths
2,991 Sq Ft
$311/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $615,000 $206 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,371/month

113 Days on Market

Highlights

  • Bay View
  • Coastal Architecture
  • Wood Flooring
  • Lord Baltimore Elementary School Rated A-
  • Deck
  • Whirlpool Bathtub

About This Home

As of October 2018

Stunning coastal custom built home of the highest level of quality & design. 1 yr. HOME WARRANTY to the Buyer! A 5 bedroom, 3.5 bath home with an inverted floor plan boasting two master suites, each with its own water view decks. An elevator serves all three levels of the home with the top floor offering the main living area, open floor plan, specifically designed to enjoy the best panoramic vistas & partial water views. Perfect entertaining spaces inside or outside on its many decks. Exquisite high-end features include: a gourmet kitchen with granite counters, tile back splash, an island, upgraded kitchen cabinetry, stainless steel appliances, gas stove, gorgeous hardwood floors, crown moldings, custom plantation shutters throughout & other luxuries. At the very top: an owner's look-out office space. No detail was missed! Superb condition. Situated in a quiet, serene setting w/ nearby amenities such as the James Farms Preserve w/ nature trails & beach. Your beach retreat awaits you!

Last Agent to Sell the Property

Barbara Carlson

Keller Williams Realty License #RS-0016071 Listed on: 05/15/2018

Keller Williams Realty

Last Buyer's Agent

Michael Lenoir

Keller Williams Realty Central-Delaware License #RS-0023382

Keller Williams Realty Central-Delaware

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 2007

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 100 x 170
  • Landscaped
  • Sprinkler System
  • Property is in very good condition
  • Property is zoned RESIDENTIAL PLANNED, RESIDENTIAL PLANNED COMM.

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,991 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Partially Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Living
  • Dining Room
  • Den
  • Bay Views
  • Intercom
  • Attic

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on lower level
  • Stacked Washer and Dryer

Parking

  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outbuilding

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Community Details

  • No Home Owners Association
  • Reservation Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 134-09.00-598.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,884

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: Partially Furnished
  • New Construction: No
  • Story List: Upper 2, Upper 3
  • Federal Flood Zone: Yes
  • Year Built: 2007
  • Remarks Public: Stunning coastal custom built home of the highest level of quality & design. 1 yr. HOME WARRANTY to the Buyer! A 5 bedroom, 3.5 bath home with an inverted floor plan boasting two master suites, each with its own water view decks. An elevator serves all three levels of the home with the top floor offering the main living area, open floor plan, specifically designed to enjoy the best panoramic vistas & partial water views. Perfect entertaining spaces inside or outside on its many decks. Exquisite high-end features include: a gourmet kitchen with granite counters, tile back splash, an island, upgraded kitchen cabinetry, stainless steel appliances, gas stove, gorgeous hardwood floors, crown moldings, custom plantation shutters throughout & other luxuries. At the very top: an owner's look-out office space. No detail was missed! Superb condition. Situated in a quiet, serene setting w/ nearby amenities such as the James Farms Preserve w/ nature trails & beach. Your beach retreat awaits you!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Intercom, Microwave, Oven/Range - Gas, Range Hood, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Island, Combination Kitchen/Living, Pantry, Ceiling Fan(s), Elevator, Intercom, Whirlpool/Hottub, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Elevators Count: 1
  • Foundation Details: Pilings
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Office, Additional Bedroom
  • Basement: No
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2991
  • Living Area Sq Ft: 2991
  • Net Sq Ft: 2991.00
  • Price Per Sq Ft: 208.96
  • Above Grade Finished Sq Ft: 2991
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38547

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 4
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level 3 Bathrooms: 2.00
  • Upper Level 2 Full Bathrooms: 2
  • Upper Level 3 Full Bathrooms: 1
  • Upper Level 3 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower, Outbuilding(s)
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway, Under Home Parking
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • 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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.39
  • Lot Size Area: 17000
  • Lot Dimensions: 100 x 170
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17000.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL PLANNED
  • Zoning Description: RESIDENTIAL PLANNED COMM.
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5127527
  • Assessor Parcel Number: 134-09.00-598.00
  • County Tax Payment Frequency: Annually
  • Close Date: 10/31/2018

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Nov 21, 2018
Sold by
Alfred Grasso
Bought by
Lenour Joseph Michael and Lenour Karen Collins
Seller's Agent
Barbara Carlson
Keller Williams Realty
Buyer's Agent
Michael Lenoir
Keller Williams Realty Central-Delaware
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%
Total Days on Market
113
Current Estimated Value
$928,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,777
Avg. Annual Appreciation
6.05%
Original Mortgage
$492,000
Interest Rate
4.81%
Source: Public Records

Similar Homes in Ocean View, DE

  • 30475 Madeira Ln, Ocean View, DE 19970

    $850,000

    • 3 Beds
    • 3 Baths
    • 2,167 Sq Ft
    • 30475 Madeira Ln
    • Ocean View, DE

    Nestled just a stone’s throw from the pristine sands of Bethany Beach, and a quick jaunt to the natural beauty of James Farm Preserve, lies a stunning sanctuary in the serene neighborhood of Marlin Chase, Ocean View, DE. This exquisite 3-bedroom, one-level home plus study/home office is the embodiment of luxury living intertwined with nature.As you step inside, a light-filled, open, and generous

    Paul Sicari Compass

    Section Image
  • 31027 Scissorbill Rd, Ocean View, DE 19970

    $750,000

    • 4 Beds
    • 3 Baths
    • 2,800 Sq Ft
    • 31027 Scissorbill Rd
    • Ocean View, DE

    Beautiful 4 BD/3 BA NV Homes Seaport, nicely upgraded and PARTIALLY FURNISHED depending on the strength of an offer. Paver walk (and paver driveway shoulders) to extended front stoop & small porch at leaded glass front door. Step into Foyer with gleaming wood floors that flow through adjacent Study, hallway, Kitchen & Breakfast Area. At right, behind French doors, is a large Study/Art Studio

    Joseph Loughran Long & Foster Real Estate, Inc.

    Section Image
  • 37546 Bella Via Way, Ocean View, DE 19970

    $899,900

    • 4 Beds
    • 3 Baths
    • 2,965 Sq Ft
    • 37546 Bella Via Way
    • Ocean View, DE

    DON'T HESITATE TO COME WITH YOUR BEST OFFER! This beautiful home is fully furnished and ready for immediate occupancy. Experience the benefits of resort-style living in this pond-front property at the highly sought-after RESERVES COMMUNITY. Located two miles from Bethany Beach, this fully furnished, spacious four-bedroom, three-bath home invites you in with soaring ten-foot ceilings; a gourmet

    JoAnn Pappalardo Coldwell Banker Realty

    Section Image
  • 30579 Canary Way Unit 5, Ocean View, DE 19970

    $929,900

    • 4 Beds
    • 3 Baths
    • 2,982 Sq Ft
    • 30579 Canary Way
    • Unit 5
    • Ocean View, DE

    LOWEST PRICE PER SQUARE FOOT IN MARLIN CHASE!Introducing a stunning opportunity to own a modern coastal beauty in the prestigious Marlin Chase community. Built in 2023 by the renowned Schell Brothers, this 4-bedroom, 3-bathroom Montauk model, seamlessly blends contemporary design with coastal charm. This gorgeous home is one of the first resales in the neighborhood, so if you missed your chance

    Andy Timmons Keller Williams Realty

    Section Image
  • 30580 Canary Way Unit 55, Ocean View, DE 19970

    $800,000

    • 3 Beds
    • 3 Baths
    • 2,356 Sq Ft
    • 30580 Canary Way
    • Unit 55
    • Ocean View, DE

    Nestled in the desirable Marlin Chase community, this exquisite 3-bedroom, 3-bath, pond front home seamlessly blends sophistication with comfortable living. Curb appeal abounds with multiple peaks, board and batten shutters, a window box, vertical and shake siding and a pergola over the garage. Step inside to a beautiful foyer adorned with engineered hardwood flooring, elegant wainscoting, and

    TONI SCHROCK Northrop Realty

    Section Image
  • 38807 Bayfront Dr, Ocean View, DE 19970

    $850,000

    • 5 Beds
    • 3.5 Baths
    • 3,000 Sq Ft
    • 38807 Bayfront Dr
    • Ocean View, DE

    Beautiful coastal home located just 4 miles to the beach in a the peaceful waterfront community of Quillens Point. This spacious home offers an impressive great room with soaring cathedral ceilings and grand upper windows allowing an abundance of natural light to fill the home. The great room is combined with the kitchen and dining room and several sets of glass doors open to an expansive

    Leslie Kopp Long & Foster Real Estate, Inc.

    Section Image
  • 39085 Bayfront Dr, Ocean View, DE 19970

    $950,000

    • 4 Beds
    • 3.5 Baths
    • 3,304 Sq Ft
    • 39085 Bayfront Dr
    • Ocean View, DE

    Quillen’s Point offers an ideal blend of luxury and privacy. Buffered by James Farm Ecological Preserve and a spacious meadow, this idyllic community provides the perfect blend of amenities, including a private marina and tennis court. Whether you’re leaving the city for the weekend, or making this your forever home, residents peacefully exist in their own private paradise. With the convenience

    Logan Burke Keller Williams Realty

    Section Image
  • 37727 Lagoon Ln, Ocean View, DE 19970

    $799,900

    • 5 Beds
    • 3.5 Baths
    • 3,260 Sq Ft
    • 37727 Lagoon Ln
    • Ocean View, DE

    NEW PRICE! Bring all offers Ready for you NOW! This beautiful new 5-bedroom home with water views and boat access is ready to move in! This home hits all the marks with an open floor plan to enjoy with the family and guests, upgraded fixtures and appliances, and location. The living area opens up to a large backyard patio perfect for the summer nights. This home is complete with a main level

    Jason Hoenen Bryan Realty Group

    Section Image
  • 37763 Lagoon Ln, Ocean View, DE 19970

    $925,000

    • 4 Beds
    • 3.5 Baths
    • 3,269 Sq Ft
    • 37763 Lagoon Ln
    • Ocean View, DE

    Bayfront Living with Private Dock, Boat Lift, and Pre-Listing InspectionThis expansive 4-bedroom, 3.5-bath, 3,269 sq. ft. waterfront home is being offered as-is, yet with peace of mind knowing a new Roof and Pier done in 2022. The sellers have conducted a pre-listing inspection through Gold Standard, available on file for pre-approved buyers and verifiable cash offers. Set in a secluded, direct

    Stephen Morgan Keller Williams Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lenour Joseph Michael $615,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Lenoir K $480,000
Closed Lenour Joseph Michael $492,000
Closed Lenour Joseph Michael --
Previous Owner Collins Lenour K $492,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $615,000 -1.6% $206 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $625,000 -- $209 / 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 $1,884 $37,800 $3,000 $34,800
2023 $1,914 $37,800 $3,000 $34,800
2022 $1,835 $37,800 $3,000 $34,800
2021 $1,789 $37,800 $3,000 $34,800
2020 $1,761 $37,800 $3,000 $34,800
2019 $1,754 $37,800 $3,000 $34,800
2018 $0 $37,800 $0 $0
2017 $1,441 $37,800 $0 $0
2016 $1,609 $37,800 $0 $0
2015 $1,648 $37,800 $0 $0
2014 $1,628 $37,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001572728

Bright MLS

APN: 134-09.00-598.00