NOT LISTED FOR SALE

38891 Captains Ln Selbyville, DE 19975

Estimated Value: $365,280 - $441,000

3 Beds
2 Baths
1,248 Sq Ft
$331/Sq Ft Est. Value

Last Sold July 17, 2019

Last sale price $240,000 $192 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,218/month

27 Days on Market

Highlights

  • Boat Ramp
  • 1 Dock Slip
  • Private Water Access
  • Phillip C. Showell Elementary School Rated A-
  • Home fronts navigable water
  • Canal View

About This Home

As of July 2019

Convenient to Fenwick Island and Ocean City but low Delaware taxes. Canal front home on pilings, dock your boat at your private boat dock, and store it in the winter under your home. Community also has a boat ramp, clubhouse, pool, Freeman Stage within minutes of this home. Home is being sold furnished, turn key, move right in and enjoy the beaches. Value is in the land, home sold as is. Possible 4th bedroom, no closet. Seller will consider all offers.

Last Agent to Sell the Property

TERESA ROGERS

WILGUS ASSOCIATES-L Listed on: 05/07/2019

Last Buyer's Agent

Linda Zaretsky

Long & Foster Real Estate, Inc. License #MRIS:3214964

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $665

Year Built

  • Built in 1990

Lot Details

  • 10,454 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Cleared Lot
  • Property is zoned AR

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Raised Ranch Architecture
  • Rambler Architecture
  • Shingle Roof
  • Asphalt Roof
  • Plywood Siding Panel T1-11
  • Modular or Manufactured Materials
  • Piling Construction

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Screens
  • Den
  • Canal Views
  • Storm Doors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Stone Driveway
  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Private Water Access
  • Property is near a canal
  • Bulkhead
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock Against Bulkhead
  • Powered Boats Permitted
  • Deck
  • Wrap Around Porch

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 533-19.00-229.00

Community Details

Overview

  • Bayview Estates Subdivision

Amenities

  • Community Center

Recreation

  • Boat Ramp
  • Pier or Dock
  • 1 Community Docks
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$665

Year Built

Built in 1990

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler, Raised Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1990
  • Remarks Public: Convenient to Fenwick Island and Ocean City but low Delaware taxes. Canal front home on pilings, dock your boat at your private boat dock, and store it in the winter under your home. Community also has a boat ramp, clubhouse, pool, Freeman Stage within minutes of this home. Home is being sold furnished, turn key, move right in and enjoy the beaches. Value is in the land, home sold as is. Possible 4th bedroom, no closet. Seller will consider all offers.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Kitchen - Eat-In, Ceiling Fan(s)
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Levels Count: 1
  • Room Count: 8
  • Room List: Den
  • Basement: No
  • Total Sq Ft: 1248
  • Living Area Sq Ft: 1248
  • Net Sq Ft: 1248.00
  • Price Per Sq Ft: 220.35
  • Above Grade Finished Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38891

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
  • Construction Materials: Modular/Manufactured, T-1-11
  • Exterior Features: Outside Shower
  • Roof: Shingle, Asphalt
  • Spa: No
  • View: Canal, Water
  • Water Access Features: Private Access, Boat - Powered
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Cable, Community Center, Pier/Dock, Tot Lots/Playground, Swimming Pool, Tennis Courts
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Bulkheaded, Cleared
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • Outdoor Living Structures: Deck(s), Wrap Around
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5238672
  • Assessor Parcel Number: 533-19.00-229.00
  • Close Date: 07/17/2019

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2019
Closed on
Jun 28, 2019
Sold by
Schutte Michele M
Bought by
Forman Robert T and Fortman Catherine
Seller's Agent
TERESA ROGERS
WILGUS ASSOCIATES-L
Buyer's Agent
Linda Zaretsky
Long & Foster Real Estate, Inc.
List Price
$275,000
Sold Price
$240,000
Premium/Discount to List
-$35,000
-12.73%
Current Estimated Value
$391,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,217
Avg. Annual Appreciation
7.06%
Original Mortgage
$100,000
Outstanding Balance
$88,692
Interest Rate
3.8%
Mortgage Type
Balloon
Estimated Equity
$274,376

Purchase Details

Closed on
Oct 25, 1989
Bought by
Schutte August and Schutte Michele M
Source: Public Records

Range of Values:

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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
Forman Robert T $240,000 --
Schutte August $29,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortman Robert T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2019 07/17/19 Sold $240,000 -12.7% $192 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $275,000 -- $220 / 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 $665 $15,500 $3,500 $12,000
2023 $664 $15,500 $3,500 $12,000
2022 $1,195 $15,500 $3,500 $12,000
2021 $1,177 $15,500 $3,500 $12,000
2020 $1,057 $15,500 $3,500 $12,000
2019 $580 $15,500 $3,500 $12,000
2018 $1,152 $15,500 $0 $0
2017 $1,189 $15,500 $0 $0
2016 $1,119 $15,500 $0 $0
2015 $1,135 $15,500 $0 $0
2014 $1,127 $15,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • TERESA ROGERS

    Seller's Agent in 2019

    TERESA ROGERS

    WILGUS ASSOCIATES-L

    (302) 645-9215

    54 Total Sales

    Section Image

  • L

    Buyer's Agent in 2019

    Linda Zaretsky

    Long & Foster

    Section Image
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Map

Source: Bright MLS

MLS Number: DESU139892

Bright MLS

APN: 533-19.00-229.00

Delaware Sussex County Selbyville 19975

38891 Captains Ln, Selbyville, DE

This home is located at 38891 Captains Ln, Selbyville, DE 19975 since 07 May 2019 and is currently estimated at $413,320, approximately $331 per square foot. This property was built in 1990. 38891 Captains Ln is a home located in Sussex County with nearby schools including Phillip C. Showell Elementary School, Selbyville Middle School, and Indian River High School.

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