NOT LISTED FOR SALE

38818 Oyster Catcher Dr Unit 2 Ocean View, DE 19970

Estimated Value: $572,000 - $803,000

4 Beds
2.5 Baths
2,600 Sq Ft
$260/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $599,000 $230 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,226/month

49 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Clubhouse
  • Lord Baltimore Elementary School Rated A-
  • View of Trees or Woods
  • Coastal Architecture

About This Home

As of November 2023

Come home to Waters Edge in Bay Forest Club, the award-winning, amenity rich community located just minutes from Bethany Beach, all within close proximity to shopping, dining, entertainment and coastal conveniences. This meticulously maintained Ashford 4 bedroom, 2.5 bath decorator’s dream house is perfectly located deep within the community. Easy access to one of many walking paths is located a stone's throw away. Upon entering through the beautifully etched glass front door, you’ll step into a two story foyer and semi-open concept living area that seamlessly connects the dining room, kitchen and sizable living space. The first-floor bonus bump out is a quieter area for conversing, reading or relaxing. The newly constructed fully enclosed 4-SEASON ROOM is quite. the show stopper! Another peaceful spot, allowing months of seasonal enjoyment. Off the 4-SEASON ROOM, an open deck can accommodate a grill, planted pots and outdoor seating. No need to pull out the hose to water the lawn. An underground irrigation system takes care of keeping it green during the spring/summer. Back inside, the stylish off-white classic kitchen is equipped with stainless steel appliances, granite countertops and offers ample storage space. Continue the conversation with your guests while seated at the barstool height peninsula. Adjacent to the kitchen, the dining area boasts a sizable table that can comfortably accommodate a group of six or more. The tastefully selected wall color pallet adds comfort, style and ambience throughout. The living room features a STONE GAS FIREPLACE adorned with custom built cabinets and bookshelves. Check out the spacious primary bedroom and en-suite bathroom. It truly is a private retreat for homeowners to decompress after an active day on the Delaware shore. An open upstairs loft is conducive for office work and/or additional seating. Currently, two of the three upstairs bedrooms perform as guest rooms while the third oversized bedroom (18’ x 19’) is large enough to be designated as a TV/BONUS room. Pull into the two-car garage and utilize the conditioned crawl space that can easily accommodate extra seasonal storage. Best of all, jump onto the BEACH SHUTTLE during the busy summer months (5 days/week). Overall, this home is a well-maintained delightful coastal retreat, offering a perfect combination of comfort, style, amenities and proximity to the beach, making it the ideal choice for anyone looking to experience the best coastal living community on the Delaware eastern shore.

Last Agent to Sell the Property

Cynthia DiPalma

Coldwell Banker Realty License #RS0025662 Listed on: 08/18/2023

Coldwell Banker Realty

Last Buyer's Agent

Joe Preston

RE/MAX Town Center License #631409

RE/MAX Town Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,317

Year Built

  • Built in 2016

Lot Details

  • 9,583 Sq Ft Lot
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned MR

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 2 Levels
  • Tray Ceiling
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Views of Woods
  • Crawl Space
  • Flood Lights

Flooring

  • Engineered Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-08.00-1029.00-2

Community Details

Overview

  • $1,355 Capital Contribution Fee
  • Association fees include common area maintenance, insurance, lawn maintenance, health club, pier/dock maintenance, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash
  • $41 Other Monthly Fees
  • Bay Forest Community Association, Inc HOA
  • Bay Forest Club Subdivision, Ashford Floorplan
  • Bay Forest Club Community
  • Property Manager

Amenities

  • Clubhouse
  • Game Room
  • Community Center
  • Meeting Room
  • Party Room
  • Recreation Room

Recreation

  • Boat Ramp
  • Pier or Dock
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Lap or Exercise Community Pool
  • Putting Green
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,317

Year Built

Built in 2016

Lot Details

0

HOA Fees

$357 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2016
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Engineered Wood, Partially Carpeted, Ceramic Tile
  • Fireplace Features: Gas/Propane, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings, Tray Ceilings
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 230.38
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38818

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stone, Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights, Underground Lawn Sprinkler, Exterior Lighting, Flood Lights
  • Roof: Architectural Shingle
  • View: Trees/Woods, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Additional Storage Area, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 342.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 15.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Waters Edge
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Boat Ramp, Club House, Community Center, Fitness Center, Game Room, Jog/Walk Path, Meeting Room, Party Room, Pier/Dock, Pool - Outdoor, Putting Green, Recreational Center, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Lawn Maintenance, Health Club, Pier/Dock Maintenance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Name: BAY FOREST COMMUNITY ASSOCIATION, INC
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Lap/Exercise

Fee Information

  • Other Fees: 495.00
  • Other Fees Frequency: Annually
  • Capital Contribution Fee: 1355.00

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.20
  • Outdoor Living Structures: Porch(es), Enclosed
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1172.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1317.00
  • Assessor Parcel Number: 134-08.00-1029.00-2
  • Tax Total Finished Sq Ft: 912
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/17/2023

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Nance Jeffrey Scott and Nance Jennifer Aimee
Bought by
Nance Jennifer Aimee
Current Estimated Value
$676,984

Purchase Details

Listed on
Aug 18, 2023
Closed on
Nov 17, 2023
Sold by
Riley Thomas E and Riley Karen R
Bought by
Nance Jeffrey Scott and Nance Jennifer Aimee
Seller's Agent
Cynthia DiPalma
Coldwell Banker Realty
Buyer's Agent
Joe Preston
RE/MAX Town Center
List Price
$675,000
Sold Price
$599,000
Premium/Discount to List
-$76,000
-11.26%
Views
284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$169,000
Interest Rate
7.49%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Nance Jennifer Aimee -- None Listed On Document
Nance Jeffrey Scott $599,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nance Jeffrey Scott $169,000
Previous Owner Riley Karen R $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $599,000 0.0% $230 / Sq Ft
10/06/2023 10/06/23 Price Changed $599,000 -5.7% $230 / Sq Ft
09/27/2023 09/27/23 Price Changed $635,000 -2.0% $244 / Sq Ft
09/20/2023 09/20/23 Price Changed $648,000 -4.0% $249 / Sq Ft
08/18/2023 08/18/23 For Sale $675,000 -- $260 / 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 $1,348 $30,750 $0 $30,750
2023 $877 $30,750 $0 $30,750
2022 $829 $30,750 $0 $30,750
2021 $900 $30,750 $0 $30,750
2020 $859 $30,750 $0 $30,750
2019 $864 $30,750 $0 $30,750
2018 $1,221 $31,050 $0 $0
2017 $1,239 $31,050 $0 $0
2016 $1,088 $30,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2046194

Bright MLS

APN: 134-08.00-1029.00- 2