NOT LISTED FOR SALE

38874 Cove Ct Ocean View, DE 19970

Estimated Value: $723,000 - $1,165,417

4 Beds
3 Baths
1,512 Sq Ft
$634/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $300,000 $198 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $5,309/month

22 Days on Market

Highlights

  • Marina
  • 1 Dock Slip
  • Deck
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Contemporary Architecture

About This Home

As of April 2018

This home has water views from the LR, DR, Kitchen & Master bedroom balcony. It is situated at the end of a canal. Corner lot. Sold "as-is" See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Please submit all offers to the listing broker/agent. To report any concerns with a listing broker/agent, or to report any property condition or other concern needing escalation (including concerns related to a previously submitted offer), please call: 1-877-617-5274

Last Agent to Sell the Property

RALPH WALTER

jack.walter@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 03/13/2018

Last Buyer's Agent

GAIL LEKITES

(302) 542-8745 gail.lekites@lnf.com Long & Foster Real Estate, Inc. License #RS-0006650

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.28 Acre Lot
  • Corner Lot
  • Cleared Lot
  • Zoning described as MEDIUM RESIDENTIAL

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Asphalt Roof
  • Plywood Siding Panel T1-11
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,512 Sq Ft Home
  • Property has 2 Levels
  • Laminate Flooring
  • Fire and Smoke Detector
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Bulkhead
  • 1 Dock Slip
  • Dock Against Bulkhead
  • Deck

Utilities

  • Heat Pump System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 134-05.00-349.00

Community Details

Overview

  • Quillens Point Subdivision

Recreation

  • Marina
  • Tennis Courts

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Laminated
  • Fireplace: No
  • Foundation Details: Pilings
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1512
  • Living Area Sq Ft: 1512
  • Net Sq Ft: 1512.00
  • Price Per Sq Ft: 204.96
  • Above Grade Finished Sq Ft: 1512
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, T-1-11
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 330.00
  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 330.00
  • Water Source: Private
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Marina/Marina Club, Tennis Courts
  • HOA: Yes
  • Association Recreation Fee: No

Lot Info

  • Lot Features: Bulkheaded, Cleared
  • Lot Size Acres: 0.28
  • Lot Size Units: Acres
  • Lot Sq Ft: 12197.00
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: MEDIUM RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5123113
  • Assessor Parcel Number: 134-05.00-349.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
Apr 12, 2018
Sold by
Us Bank Na Tr
Bought by
Wells Fargo Bank Na
Seller's Agent
RALPH WALTER
Long & Foster Real Estate, Inc.
Buyer's Agent
GAIL LEKITES
Long & Foster Real Estate, Inc.
List Price
$309,900
Sold Price
$300,000
Premium/Discount to List
-$9,900
-3.19%
Current Estimated Value
$958,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$658,854
Avg. Annual Appreciation
16.47%

Purchase Details

Closed on
Jul 6, 2017
Sold by
Foust Joseph R and Fost Lilia
Bought by
Us Bank Na
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
Wells Fargo Bank Na $300,000 --
Us Bank Na $355,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2018 04/26/18 Sold $300,000 -3.2% $198 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $309,900 -- $205 / 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 $2,787 $33,250 $13,500 $19,750
2024 $2,470 $33,250 $13,500 $19,750
2023 $2,487 $33,250 $13,500 $19,750
2022 $733 $33,250 $13,500 $19,750
2021 $717 $33,250 $13,500 $19,750
2020 $717 $33,250 $13,500 $19,750
2019 $1,455 $33,250 $13,500 $19,750
2018 $1,467 $33,250 $0 $0
2017 $1,477 $33,250 $0 $0
2016 $1,327 $33,250 $0 $0
2015 $1,361 $33,250 $0 $0
2014 $1,344 $33,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    RALPH WALTER

    Long & Foster

  • G

    Buyer's Agent in 2018

    GAIL LEKITES

    Long & Foster

    (302) 542-8745

    5 in this area

    24 Total Sales

    GAIL LEKITES
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Map

Source: Bright MLS

MLS Number: 1001036392

Bright MLS

APN: 134-05.00-349.00

Delaware Sussex County Ocean View 19970

38874 Cove Ct, Ocean View, DE

Not Listed for Sale

Detached

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