NOT LISTED FOR SALE

38608 Indian Trail Ocean View, DE 19970

Estimated Value: $996,772 - $1,280,000

7 Beds
4.5 Baths
3,787 Sq Ft
$298/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $705,000 $186 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,034/month

81 Days on Market

Highlights

  • Water Oriented
  • Bay View
  • 0.46 Acre Lot
  • Lord Baltimore Elementary School Rated A-
  • Eat-In Gourmet Kitchen
  • Open Floorplan

About This Home

As of November 2020

Welcome to your new home away from home! Secluded in the quiet Reservation Neighborhood within walking distance to James Farm Ecological Preserve and Bethany Tennis Club. Enjoy Bethany Beach just 4 miles away and come home to catch the sunsets from your cozy rooftop screened-in porch. This home is perfect for a large or extended family that wants to enjoy the beach lifestyle while also maintaining a private sanctuary perfect for unwinding and de-stressing from the everyday. Enjoy the views of Joshia and Beach Coves with the Bethany skyline in the distance. This home was custom built by local Miken Builders and is ready to accommodate your modern needs. The home offers an area for an elevator install along with room for a full bath on the first level. The lower level offers room for guest sleeping quarters, living room area, home office, and or gym. Laundry room is also located on the lower level with laundry hookup available on the 2nd floor. The 2nd level features 4 large bedrooms and 1 master suite perfect for privacy and quiet sleeping with views from the front bedrooms and walk-out decks from the back. The top floor is simply spectacular with a gourmet kitchen, open to to the dining and living areas. Enjoy family dinners, board games or puzzles at the large dining table or sit out on the porch in the evenings and enjoy a cool breeze or a good book. Warm up on cooler nights inside while enjoying the gas fireplace and spacious living room. The top level also features the 2nd master suite with easy access to the living and kitchen areas. If you are looking for a unique property at the beach, make sure to put this home on your list!

Last Agent to Sell the Property

Ann Buxbaum

(443) 235-0878 anniebuxbaum1@gmail.com Northrop Realty Listed on: 07/02/2020

Northrop Realty

Last Buyer's Agent

Dustin Parker

(302) 483-7688 clientcare@theparkergroup.com The Parker Group License #672690

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,674

Year Built

  • Built in 2007

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 119.00 x 170.00
  • Back, Front, and Side Yard
  • Property is in very good condition
  • Property is zoned MR

Parking

  • 1 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Property Views

  • Bay
  • Garden

Home Design

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

Interior Spaces

  • 3,787 Sq Ft Home
  • Property has 3.5 Levels
  • Elevator
  • Open Floorplan
  • Furnished
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Dining Room
  • Sun or Florida Room
  • Storage Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property near a bay
  • Multiple Balconies

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Owned Propane
  • Vented Exhaust Fan
  • Propane
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Flood Risk

Community Details

  • No Home Owners Association
  • Built by Miken
  • Reservation Subdivision

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 134-09.00-593.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,674

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Exclusions: See list of exclusions
  • Inclusions: Sold furnished
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2020-07-02
  • Federal Flood Zone: Yes
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Crown Moldings, Dining Area, Elevator, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Water Treat System, Wine Storage, Chair Railings, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3.5
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Sun/Florida Room, Laundry, Storage Room, Bedroom 6
  • Basement: No
  • Laundry Type: Main Floor, Upper Floor, Hookup
  • Total Sq Ft: 3787
  • Living Area Sq Ft: 3787
  • Price Per Sq Ft: 191.44
  • Above Grade Finished Sq Ft: 3787
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 5
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Shingle Siding, Stick Built
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Bay, Garden/Lawn
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Owned
  • Heating Type: Forced Air, Heat Pump(s), Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Propane, Sewer Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.46
  • Lot Dimensions: 119.00 x 170.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20038.00
  • Outdoor Living Structures: Balcony, Balconies- Multiple
  • Property Condition: Very Good
  • Zoning: MR
  • In City Limits: No

Building Info

  • Builder Name: Miken

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5127523
  • Tax Annual Amount: 1674.00
  • Assessor Parcel Number: 134-09.00-593.00
  • Tax Lot: 45
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Nov 13, 2020
Sold by
Halm Eric W and Halm Andrea H
Bought by
Johnson Lee R and Johnson Victoria H
Seller's Agent
Ann Buxbaum
Northrop Realty
Buyer's Agent
Dustin Parker
The Parker Group
List Price
$745,000
Sold Price
$705,000
Premium/Discount to List
-$40,000
-5.37%
Current Estimated Value
$1,129,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,443
Avg. Annual Appreciation
9.43%
Original Mortgage
$382,122
Outstanding Balance
$340,034
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$789,409

Purchase Details

Closed on
Jan 12, 2014
Sold by
Ball David J and Ball Deborah J
Bought by
Mcintyre Beach Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Lee R $705,000 None Available
Mcintyre Beach Llc $3,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Lee R $382,122
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2020 11/06/20 Sold $705,000 -2.8% $186 / Sq Ft
07/26/2020 07/26/20 Price Changed $725,000 -2.7% $191 / Sq Ft
07/07/2020 07/07/20 For Sale $745,000 +5.7% $197 / Sq Ft
07/04/2020 07/04/20 Off Market $705,000 -- --
07/02/2020 07/02/20 For Sale $745,000 -- $197 / 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 $2,032 $44,700 $3,000 $41,700
2024 $2,115 $44,700 $3,000 $41,700
2023 $2,145 $44,700 $3,000 $41,700
2022 $2,115 $44,700 $3,000 $41,700
2021 $2,061 $44,700 $3,000 $41,700
2020 $2,020 $44,700 $3,000 $41,700
2019 $2,013 $44,700 $3,000 $41,700
2018 $2,029 $44,700 $0 $0
2017 $1,704 $44,700 $0 $0
2016 $1,841 $44,700 $0 $0
2015 $1,887 $44,700 $0 $0
2014 $1,864 $44,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU163556

Bright MLS

APN: 134-09.00-593.00