NOT LISTED FOR SALE

38862 Grant Ave Selbyville, DE 19975

Estimated Value: $683,000 - $769,000

3 Beds
2 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold October 20, 2023

Last sale price $710,000

Est. 4% increase in value since last sale

Current estimated payment $4,166/month

29 Days on Market

Highlights

  • Water Oriented
  • Waterfront
  • 1 Fireplace
  • Phillip C. Showell Elementary School Rated A-
  • Rambler Architecture
  • Community Pool

About This Home

As of October 2023

An awesome location for sure * Let's roll up those sleeves and get to work * Your lender will be able to help you with obtaining a construction loan to help you build your personal oasis * The house is being sold AS-IS * The roof was replaced in 2016 * There is a shed, parking for two cars, waterfront bulk head for your boat * Garden shed * Fireplace * Florida Room * Deck* Your opportunity to decide, renovate, build, fix up... the options are limitless * Did you see there is also a community pool and how convenient this location is to Fenwick?

Possibly the best lot in the community... open bay view featuring magnificient sunset views yet protection from heavy winds *

This community can accommodate a million $ + home as there are several in the community * Don't get caught up in the condition of the house use the house while you build your dream home * Waiting for interest rates to drop? Waiting for inventory to increase? STOP THE WAIT opportunity is knocking *

Last Agent to Sell the Property

Grace Masten

Sea Grace @ North Beach Realtors Listed on: 08/18/2023

Co-Listed By

Erik Dowell

Sea Grace @ North Beach Realtors

Last Buyer's Agent

Dustin Oldfather

Compass License #RS-0017091

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $811

Year Built

  • Built in 1973

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50.00 x 90.00
  • Waterfront
  • Property is zoned AR-1

HOA Fees

  • $132 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Block Foundation

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Oriented
  • Shed

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 533-20.18-43.00

Community Details

Overview

  • Cape Windsor Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$811

Year Built

Built in 1973

Lot Details

0

HOA Fees

$132 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Remarks Public: An awesome location for sure * Let's roll up those sleeves and get to work * Your lender will be able to help you with obtaining a construction loan to help you build your personal oasis * The house is being sold AS-IS * The roof was replaced in 2016 * There is a shed, parking for two cars, waterfront bulk head for your boat * Garden shed * Fireplace * Florida Room * Deck* Your opportunity to decide, renovate, build, fix up... the options are limitless * Did you see there is also a community pool and how convenient this location is to Fenwick? Possibly the best lot in the community... open bay view featuring magnificient sunset views yet protection from heavy winds * This community can accommodate a million $ + home as there are several in the community * Don't get caught up in the condition of the house use the house while you build your dream home * Waiting for interest rates to drop? Waiting for inventory to increase? STOP THE WAIT opportunity is knocking *
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space, Other
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38862

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1580.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.10
  • Lot Dimensions: 50.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Year Assessed: 2022
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 722.00
  • Tax Annual Amount: 811.00
  • Assessor Parcel Number: 533-20.18-43.00
  • Tax Lot: 35
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/20/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 20, 2023
Sold by
Greenleaf Lynne
Bought by
Mansfield Robert and Mansfield Andrea
Seller's Agent
Grace Masten
Sea Grace @ North Beach Realtors
Buyer's Agent
Dustin Oldfather
Compass
List Price
$725,000
Sold Price
$710,000
Premium/Discount to List
-$15,000
-2.07%
Views
205
Current Estimated Value
$738,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,018
Avg. Annual Appreciation
1.64%
Original Mortgage
$532,500
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 1, 2022
Sold by
Lynne Greenleaf
Bought by
Greenleaf Lynne

Purchase Details

Closed on
Feb 25, 1999
Bought by
Beers Stephen K Lynne Greenleaf and Beers Stephen K
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
Mansfield Robert $710,000 None Listed On Document
Greenleaf Lynne $6,650 None Listed On Document
Beers Stephen K Lynne Greenleaf -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mansfield Andrea $1,000,000
Closed Mansfield Robert $532,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $710,000 -2.1% --
09/16/2023 09/16/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $725,000 -- --
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 $256 $19,950 $5,000 $14,950
2023 $826 $19,950 $5,000 $14,950
2022 $812 $19,950 $5,000 $14,950
2021 $788 $19,950 $5,000 $14,950
2020 $752 $19,950 $5,000 $14,950
2019 $749 $19,950 $5,000 $14,950
2018 $756 $19,950 $0 $0
2017 $763 $19,950 $0 $0
2016 $672 $19,950 $0 $0
2015 $693 $19,950 $0 $0
2014 $682 $19,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2046456

Bright MLS

APN: 533-20.18-43.00