NOT LISTED FOR SALE

38601 Indian Trail Ocean View, DE 19970

Estimated Value: $672,000 - $775,000

4 Beds
3 Baths
2,300 Sq Ft
$307/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $580,000 $252 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,870/month

Highlights

  • Water Views
  • Property is near a park
  • Traditional Floor Plan
  • Lord Baltimore Elementary School Rated A-
  • Saltbox Architecture
  • Backs to Trees or Woods

About This Home

As of February 2022

Best value in Ocean View! Get the space you desire inside and out as you visit this well-loved 4-bedroom 3-bath mostly furnished home in the tranquil community of the Reservation. Tucked away from the busy roads, this private sanctuary is perfect for a large family, or as a rental, for those that want the experiences of both beach and bayside living. On the main level, the large inviting living area connects to the dining room ready for family dinners & game nights. Adjacent, the large kitchen with a center island boasts cabinets and countertops galore complete with kitchen accessories making this home practically move-in ready! Space for a kitchen table in front of a double sliding door leads out to a huge deck overlooking the oversized fenced yard. Enjoy the privacy of this outdoor space for years to come as it is backed by the protected lands of the James Farm Preserve. The main floor includes two bedrooms with large walk-in closets and a full bath along with laundry facilities. Upstairs, the huge primary bedroom, with bath, provides views of the wetlands northeast toward the Indian River Bridge. The second large bedroom upstairs could also be used as a living area creating an expansive master suite. Both rooms access a large storage area. The ground level includes an oversized garage with access to a large unfinished space where you will find another full bath. Imagine the possibilities-- game room, or even a mancave! Outside-- add a pool to the already fenced yard. The backyard gate gives you direct access to the nature trails of the preserve. Enjoy no HOA/fees plus easy access to grocery, hardware, gas, and other nearby stores; walking distance to the Bethany Tennis Club and to the Preserves bayside recreational amenities, bayside boardwalk, and abundant nature trails; and only 4-miles to downtown Bethany Beach.

Last Agent to Sell the Property

Jacqueline Martini

(484) 678-4199 jackie.martini@cbmove.com Coldwell Banker Realty License #RS0025544 Listed on: 11/03/2021

Coldwell Banker Realty

Last Buyer's Agent

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,272

Year Built

  • Built in 2004

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80.00 x 148.00
  • South Facing Home
  • Backs to Trees or Woods
  • Back Yard Fenced and Front Yard
  • Property is in very good condition
  • Property is zoned MR

Parking

  • 1 Car Direct Access Garage
  • 5 Driveway Spaces
  • Basement Garage
  • Front Facing Garage
  • Garage Door Opener
  • Gravel Driveway
  • On-Street Parking

Property Views

  • Water
  • Woods

Home Design

  • Saltbox Architecture
  • Slab Foundation
  • Poured Concrete
  • Frame Construction
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Partially Furnished
  • Ceiling Fan
  • Window Treatments
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Basement

  • Garage Access
  • Front and Rear Basement Entry
  • Space For Rooms

Location

  • Flood Risk
  • Property is near a park

Utilities

  • Central Air
  • Heat Pump System
  • 120/240V
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Reservation Subdivision

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 134-09.00-589.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,272

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Salt Box
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: 1) Cedar Chest Cabinet in Main Floor Bedroom 2) 4-Wheeler & attachments in garage 3) Leather bench in bedroom closet. Owner may remove these items prior to sale.
  • Inclusions: Sold as Shown Mostly Furnished including kitchen cabinets/drawer contents. A few exclusions apply.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-11-03
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Kitchen - Island, Window Treatments, Wood Floors, Kitchen - Table Space, Pantry, Walk-In Closet(s)
  • Fireplace: No
  • Foundation Details: Concrete Perimeter, Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Garage Access, Outside Entrance, Poured Concrete, Rear Entrance, Space For Rooms, Front Entrance
  • Laundry Type: Main Floor
  • Total Sq Ft: 3326
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 265.22
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Unfinished Sq Ft: 1026
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38601

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Aluminum Siding
  • Spa: No
  • View: Water, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Basement Garage, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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

Schools

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

Lot Info

  • Additional Parcels: No
  • Fencing: Fully, Rear
  • Land Use Code: RS
  • Lot Features: Backs - Parkland, Backs To Trees, Front Yard, Rear Yard
  • Lot Size Acres: 0.27
  • Lot Dimensions: 80.00 x 148.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 917.67
  • Tax Annual Amount: 1272.13
  • Assessor Parcel Number: 134-09.00-589.00
  • Tax Lot: 49
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/28/2022

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Feb 28, 2022
Sold by
Marybeth Mell Revocable Trust
Bought by
Foglia Jonathon H and Foglia Tanea D
Seller's Agent
Jacqueline Martini
Coldwell Banker Realty
Buyer's Agent
Dustin Oldfather
Compass
List Price
$610,000
Sold Price
$580,000
Premium/Discount to List
-$30,000
-4.92%
Current Estimated Value
$707,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,220
Avg. Annual Appreciation
5.70%
Original Mortgage
$522,000
Outstanding Balance
$487,551
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$219,669

Purchase Details

Closed on
Nov 5, 2019
Sold by
Mell Marybeth A
Bought by
Marybeth Mell Ret

Purchase Details

Listed on
Jul 9, 2011
Closed on
Sep 28, 2012
Sold by
Warrington Family Limited Partnership
Bought by
Mell Shawn R and Mell Marybeth A
Seller's Agent
JANE TRIBBITT
BY THE SEA Real Estate
Buyer's Agent
AVA TANSEY
TANSEY WARNER
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%

Purchase Details

Listed on
Jul 9, 2011
Closed on
Sep 27, 2012
Sold by
Warrington Family Limited Partnership
Bought by
Mell Shawn R and Mell Marybeth A
Seller's Agent
JANE TRIBBITT
BY THE SEA Real Estate
Buyer's Agent
AVA TANSEY
TANSEY WARNER
List Price
$275,000
Sold Price
$275,000
Source: Public Records

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
Foglia Jonathon H $580,000 Ridgway Law Group Llc
Marybeth Mell Ret -- --
Mell Shawn R $275,000 --
Mell Shawn R $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foglia Jonathon H $522,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $580,000 -4.9% $252 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
11/03/2021 11/03/21 For Sale $610,000 0.0% $265 / Sq Ft
11/01/2021 11/01/21 Price Changed $610,000 +121.8% $265 / Sq Ft
09/27/2012 09/27/12 Sold $275,000 0.0% $92 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
07/09/2011 07/09/11 For Sale $275,000 -- $92 / 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 $1,620 $25,900 $3,000 $22,900
2024 $1,285 $25,900 $3,000 $22,900
2023 $1,309 $25,900 $3,000 $22,900
2022 $1,292 $25,900 $3,000 $22,900
2021 $1,272 $25,900 $3,000 $22,900
2020 $1,257 $25,900 $3,000 $22,900
2019 $1,265 $25,900 $3,000 $22,900
2018 $1,251 $25,900 $0 $0
2017 $987 $25,900 $0 $0
2016 $1,141 $25,900 $0 $0
2015 $1,168 $25,900 $0 $0
2014 $1,155 $25,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2007984

Bright MLS

APN: 134-09.00-589.00