Seller's Agent in 2022
Christine McCoy
Coldwell Banker Realty
(302) 339-5368
49 in this area
259 Total Sales
38566 Reservation Trail Ocean View, DE 19970
Estimated Value: $505,389 - $779,000
4
Beds
3.5
Baths
2,080
Sq Ft
$317/Sq Ft
Est. Value
Highlights
- Water Oriented
- Bay View
- Deck
- Lord Baltimore Elementary School Rated A-
- Coastal Architecture
- Bonus Room
About This Home
As of March 2022WATER VIEWS abound at this extremely well built and well maintained home in the quiet nature loving community of Reservation. Located off of Cedar Neck Rd across from James Farm Ecological Preserve, this home is meant for easy living and brings all that the beach and nature have to offer. You will enjoy panoramic views from 2 levels of decks totaling almost 1000 square feet of outdoor living space. On the main living floor you have open concept living area and kitchen that leads to a nice sun porch as well as the 1st level of decking. In addition, the 1st floor was expanded to accommodate a full bathroom between the two additional main living floor bedrooms. Enter onto the second floor and be prepared for another great living space! The bonus room is all windows and leads to the 2nd story deck allowing you to enjoy the views while you are inside OR outside. Another bedroom and full bath are located on the 2nd floor with an area for a future small kitchenette making it a great space for additional family or guests. Lovingly cared for, your new home also has a new roof (2021), new downstairs HVAC unit in (2019), and a hot water heater less than two years old as well. Need Storage? Underneath the home there are two workshop/ sheds that are 504 square feet combined. Plenty of room for the hobbyist or the collector! All of this and this home has a successful rental history! Just 4 miles from Bethany Beach and within biking distance of excellent restaurants, tennis club, a large local grocery store, hardware store, liquor store, fish market, nature hiking etc. with a new brewery opening nearby as well. This home is perfectly situated between quiet nature and convenience. Come see this home and be prepared to fall in love!
Last Agent to Sell the Property
(302) 339-5368 christine@therealmccoygroup.com Coldwell Banker Realty License #RA0031081 Listed on: 10/01/2021
Last Buyer's Agent
(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,045
Year Built
- Built in 1991
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 100.00 x 140.00
- Property is zoned MR
Home Design
- Coastal Architecture
- Piling Construction
- Stick Built Home
Interior Spaces
- 2,080 Sq Ft Home
- Property has 2 Levels
- Partially Furnished
- Family Room
- Bonus Room
- Workshop
- Screened Porch
- Storage Room
- Bay Views
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Electric Dryer
- Washer
Parking
- 6 Parking Spaces
- 6 Attached Carport Spaces
- Gravel Driveway
Outdoor Features
- Outdoor Shower
- Water Oriented
- Property near a bay
- Deck
- Shed
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Well
- Electric Water Heater
Additional Features
- More Than Two Accessible Exits
- Flood Risk
Community Details
- No Home Owners Association
- Reservation Subdivision
Listing and Financial Details
- Tax Lot 37
- Assessor Parcel Number 134-09.00-604.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2021
Closed on
Mar 4, 2022
Sold by
Hogan Kevin G
Bought by
Handling Thomas Andrew and Handling Kathryn E
Seller's Agent
Christine McCoy
Coldwell Banker Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$675,000
Sold Price
$613,500
Premium/Discount to List
-$61,500
-9.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,597
Avg. Annual Appreciation
2.08%
Original Mortgage
$490,800
Outstanding Balance
$457,361
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$202,736
Purchase Details
Closed on
Mar 20, 1987
Bought by
Hogan Kevin G and Hogan Janet S
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Handling Thomas Andrew | $613,500 | Scott And Shuman Pa | |
| Hogan Kevin G | $9,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Handling Thomas Andrew | $490,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2022 03/04/22 | Sold | $613,500 | -1.8% | $295 / Sq Ft |
| 01/30/2022 01/30/22 | Pending | -- | -- | -- |
| 11/08/2021 11/08/21 | Price Changed | $625,000 | -3.8% | $300 / Sq Ft |
| 10/08/2021 10/08/21 | Price Changed | $649,900 | -3.7% | $312 / Sq Ft |
| 10/01/2021 10/01/21 | For Sale | $675,000 | -- | $325 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,674 | $26,500 | $3,000 | $23,500 |
| 2024 | $1,902 | $26,500 | $3,000 | $23,500 |
| 2023 | $1,933 | $26,500 | $3,000 | $23,500 |
| 2022 | $1,906 | $26,500 | $3,000 | $23,500 |
| 2021 | $1,344 | $26,500 | $3,000 | $23,500 |
| 2020 | $1,336 | $26,500 | $3,000 | $23,500 |
| 2019 | $1,331 | $26,500 | $3,000 | $23,500 |
| 2018 | $1,341 | $26,500 | $0 | $0 |
| 2017 | $1,010 | $26,500 | $0 | $0 |
| 2016 | $1,229 | $26,500 | $0 | $0 |
| 2015 | $1,257 | $26,500 | $0 | $0 |
| 2014 | $1,243 | $26,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christine McCoy
-
Lee Ann Wilkinson
Buyer's Agent in 2022
Lee Ann Wilkinson
BHHS PenFed (actual)
(302) 278-6726
24 in this area
1,888 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2007062
APN: 134-09.00-604.00
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