NOT LISTED FOR SALE

38867 Bayfront Dr Ocean View, DE 19970

Estimated Value: $733,913 - $874,000

4 Beds
3 Baths
2,116 Sq Ft
$378/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $555,000 $262 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,395/month

12 Days on Market

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Bay View
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Open Floorplan

About This Home

As of October 2020

Welcome home to this gorgeous custom built one owner meticulously maintained property! Right from the beginning it makes a statement with it's beautiful circular driveway and anchor centerpiece. Enter into the lower level where you will find a generously sized mud room & laundry. Up the stairs where you will enter to see beautiful vaulted ceilings with exposed beams and a open floor plan to the family room, dining area, breakfast area. & kitchen. Family room boasts a floor to ceiling stone gas fireplace. Through the hall will lead you to 3 graciously sized bedrooms, once of which has it's own full bath! Then you'll head upstairs to the 3rd floor master bedroom. Up there you will find a large master bath with a soaking tub. There is also private deck exiting the Master Bedroom. Home has 3 decks!! Schedule your tour today - because this home won't last long.

Last Agent to Sell the Property

Erin Fortney

(302) 943-1208 erincloses@gmail.com Tri-County Realty Listed on: 08/29/2020

Co-Listed By

Melissa Squier

(302) 841-1733 mmallet529@gmail.com Iron Valley Real Estate Premier License #RB-0031331

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

  • $1,153

Year Built

  • Built in 1988

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80.00 x 125.00
  • Home fronts navigable water
  • East Facing Home
  • Property is in very good condition
  • Property is zoned MR

HOA Fees

  • $81 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Saltbox Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,116 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Screen For Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Efficiency Studio
  • Bay Views
  • Attic

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Soaking Tub

Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Circular Driveway

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Water Access
  • Property near a bay

Location

  • Flood Risk
  • Bayside

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Public Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 134-05.00-406.00

Community Details

Overview

  • Quillens Point Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,153

Year Built

Built in 1988

Lot Details

0

HOA Fees

$81 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary, Salt Box
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Negotiable
  • Historic: No
  • Inclusions: Negotiable
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-08-29
  • Federal Flood Zone: Yes
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Vinyl, Wood
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Efficiency, Exposed Beams, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Country, Primary Bath(s), Recessed Lighting, Soaking Tub, Skylight(s), Wood Floors
  • Fireplace Features: Gas/Propane, Screen, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, High, Vaulted Ceilings
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partial
  • Basement Footprint Percent: 20.00
  • Laundry Type: Basement
  • Total Sq Ft: 2116
  • Living Area Sq Ft: 2116
  • Price Per Sq Ft: 268.90
  • Above Grade Finished Sq Ft: 2116
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Spa: No
  • View: Bay, Water
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic, Public Sewer
  • Utilities: Cable Tv
  • Water Source: Well-Shared

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 80.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Property Condition: Very Good
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5123178
  • School Tax: 1016.00
  • Tax Annual Amount: 1153.00
  • Assessor Parcel Number: 134-05.00-406.00
  • Tax Lot: 97
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Oct 23, 2020
Sold by
Balourdos Konstantino and Balourdos Karla
Bought by
Forwood Michael L and Forwood Karen D
Seller's Agent
Erin Fortney
Tri-County Realty
Buyer's Agent
Allison Stine
Northrop Realty
List Price
$569,000
Sold Price
$555,000
Premium/Discount to List
-$14,000
-2.46%
Current Estimated Value
$799,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,728
Avg. Annual Appreciation
7.40%
Original Mortgage
$388,500
Outstanding Balance
$279,229
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$520,499

Purchase Details

Closed on
Jun 21, 1985
Bought by
Balourdos Konstantinos Karla
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Forwood Michael L $555,000 None Available
Balourdos Konstantinos Karla $30,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forwood Michael L $388,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $555,000 -2.5% $262 / Sq Ft
08/29/2020 08/29/20 For Sale $569,000 -- $269 / 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 $30,650 $6,000 $24,650
2024 $1,481 $30,650 $6,000 $24,650
2023 $1,505 $30,650 $6,000 $24,650
2022 $1,485 $30,650 $6,000 $24,650
2021 $1,447 $30,650 $6,000 $24,650
2020 $1,424 $30,650 $6,000 $24,650
2019 $1,419 $30,650 $6,000 $24,650
2018 $1,430 $30,650 $0 $0
2017 $1,169 $30,650 $0 $0
2016 $1,301 $30,650 $0 $0
2015 $1,333 $30,650 $0 $0
2014 $1,317 $30,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU167774

Bright MLS

APN: 134-05.00-406.00