NOT LISTED FOR SALE

38823 Bayfront Dr Ocean View, DE 19970

Estimated Value: $557,841 - $791,000

4 Beds
3.5 Baths
1,900 Sq Ft
$372/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $490,000 $258 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,954/month

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Deck
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Contemporary Architecture

About This Home

As of September 2020

A modern twist on beach chic, this completely renovated beach home located in the exclusive waterfront community of Quillen s Point, inspires absolute relaxation. Featuring breathtaking vaulted ceilings, new flooring, recessed lighting and a natural color palette, this light-filled retreat paints the picture for stylish entertaining. Create a culinary work-of-art in the kitchen furnished with new granite and stainless steel appliances. A sliding barn door welcomes you into the additional 4th bedroom suite with a stunning en suite bath. Quillen s Point community offers boat slips and year round living.

Last Agent to Sell the Property

Nancy Rhodes

(302) 537-3400 tim@timrhodes.com RE/MAX Coastal Listed on: 01/07/2019

RE/MAX Coastal

Last Buyer's Agent

Allison Stine

(302) 381-5565 allisonstine@northroprealty.com Northrop Realty License #RA-0031128

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $946

Year Built

  • Built in 1992

Lot Details

  • 10,236 Sq Ft Lot
  • Home fronts navigable water
  • Cleared Lot
  • Property is in very good condition

HOA Fees

  • $81 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Wood Flooring
  • Walk-Out Basement
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property near a bay
  • Deck

Location

  • Flood Risk

Utilities

  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-05.00-312.00

Community Details

Overview

  • Quillens Point Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$946

Year Built

Built in 1992

Lot Details

0

HOA Fees

$81 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Salt Box, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Remarks Public: A modern twist on beach chic, this completely renovated beach home located in the exclusive waterfront community of Quillen s Point, inspires absolute relaxation. Featuring breathtaking vaulted ceilings, new flooring, recessed lighting and a natural color palette, this light-filled retreat paints the picture for stylish entertaining. Create a culinary work-of-art in the kitchen furnished with new granite and stainless steel appliances. A sliding barn door welcomes you into the additional 4th bedroom suite with a stunning en suite bath. Quillen s Point community offers boat slips and year round living.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven - Wall, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Kitchen - Island, Ceiling Fan(s)
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Walkout Level
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Net Sq Ft: 1900.00
  • Price Per Sq Ft: 276.32
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38823

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 975.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Boat Dock/Slip, Cable, Tennis Courts
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Improvement Assessed Value: 21550.00
  • Land Assessed Value: 3600.00
  • Lot Features: Cleared
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10236.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: SINGLE FAMILY
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5123073
  • School Tax: 834.00
  • Tax Annual Amount: 946.00
  • Assessor Parcel Number: 134-05.00-312.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/04/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Sep 3, 2020
Sold by
Mergler Hal and Mergler Lee
Bought by
Maradise Christopher J and Maradise Michelle L
Seller's Agent
Nancy Rhodes
RE/MAX Coastal
Buyer's Agent
Allison Stine
Northrop Realty
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Current Estimated Value
$707,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,460
Avg. Annual Appreciation
7.48%
Original Mortgage
$392,000
Outstanding Balance
$347,229
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$360,231

Purchase Details

Closed on
Jun 12, 1992
Bought by
Mccarron Stephen P
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
Maradise Christopher J $490,000 None Available
Mccarron Stephen P $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maradise Christopher J $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2020 09/04/20 Sold $490,000 -6.7% $258 / Sq Ft
10/21/2019 10/21/19 Price Changed $525,000 0.0% $276 / Sq Ft
10/21/2019 10/21/19 For Sale $525,000 +7.1% $276 / Sq Ft
06/05/2019 06/05/19 Off Market $490,000 -- --
01/07/2019 01/07/19 For Sale $515,000 +83.9% $271 / Sq Ft
07/21/2017 07/21/17 Sold $280,000 -15.2% $166 / Sq Ft View Prior Sale
06/30/2017 06/30/17 Pending -- -- --
04/02/2017 04/02/17 For Sale $330,000 -- $196 / 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 $1,283 $25,150 $3,600 $21,550
2024 $1,318 $25,150 $3,600 $21,550
2023 $1,342 $25,150 $3,600 $21,550
2022 $1,324 $25,150 $3,600 $21,550
2021 $1,231 $25,150 $3,600 $21,550
2020 $1,217 $25,150 $3,600 $21,550
2019 $1,213 $25,150 $3,600 $21,550
2018 $1,222 $25,150 $0 $0
2017 $959 $25,150 $0 $0
2016 $1,116 $25,150 $0 $0
2015 $1,142 $25,150 $0 $0
2014 $1,129 $25,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU128824

Bright MLS

APN: 134-05.00-312.00