NOT LISTED FOR SALE

38899 Cove Ct Ocean View, DE 19970

Estimated Value: $591,487 - $991,000

4 Beds
2.5 Baths
3,800 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $505,000 $133 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,855/month

122 Days on Market

Highlights

  • 2 Dock Slips
  • Home fronts navigable water
  • Canal View
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Deck

About This Home

As of October 2019

Great location gives you easy access to the open bay in seconds! Vaulted ceilings give this unique property that open and airy feel. This property is a must see 4 bedroom with sun-room, open living room and the spacious deck with water views. Unlimited water play is what you'll get, only minutes away from the DE Beaches or beat the traffic and take the boat out. Back yard BBQs on the rear deck opening from the large living room. The potential is endless use your imagination to make this property shine.

Last Agent to Sell the Property

Sheri Smith

Keller Williams Realty Delmarva License #RS-0015670 Listed on: 05/14/2019

Keller Williams Realty Delmarva

Last Buyer's Agent

Suzanne OBrien

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,961

Year Built

  • Built in 1986

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 106.00 x 116.00
  • Home fronts navigable water
  • Home fronts a canal
  • Partially Fenced Property

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 3,800 Sq Ft Home
  • Property has 2 Levels
  • Skylights
  • Wood Burning Stove
  • Self Contained Fireplace Unit Or Insert
  • Combination Kitchen and Dining Room
  • Canal Views
  • Crawl Space
  • Breakfast Area or Nook
  • Washer and Dryer Hookup
  • Attic

Bedrooms and Bathrooms

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near a canal
  • Physical Dock Slip Conveys
  • 2 Dock Slips
  • Balcony
  • Deck
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • Association fees include common area maintenance
  • Quillens Point HOA, Phone Number (302) 381-3777
  • Quillens Point Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 134-05.00-342.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,961

Year Built

Built in 1986

Lot Details

0

HOA Fees

$33 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Remarks Public: Great location gives you easy access to the open bay in seconds! Vaulted ceilings give this unique property that open and airy feel. This property is a must see 4 bedroom with sun-room, open living room and the spacious deck with water views. Unlimited water play is what you'll get, only minutes away from the DE Beaches or beat the traffic and take the boat out. Back yard BBQs on the rear deck opening from the large living room. The potential is endless use your imagination to make this property shine.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Dining, Entry Level Bedroom, Pantry, Skylight(s), Stove - Wood
  • Fireplace Features: Insert
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 3800
  • Living Area Sq Ft: 3800
  • Price Per Sq Ft: 175.74
  • Above Grade Finished Sq Ft: 3800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38899

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Wood Siding
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Spa: No
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • 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 Fee Includes: Common Area Maintenance
  • HOA Name: QUILLENS POINT
  • HOA Phone: 302-381-3777
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Agricultural Tax Fee: Yes
  • Fencing: Partially
  • Land Use Code: RS
  • Lot Size Acres: 0.28
  • Lot Dimensions: 106.00 x 116.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12293.00
  • Outdoor Living Structures: Deck(s), Porch(es), Balcony
  • Year Assessed: 2019
  • Zoning: RES
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5123106
  • School Tax: 1451.00
  • Tax Annual Amount: 1961.08
  • Assessor Parcel Number: 134-05.00-342.00
  • Tax Lot: 33
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/11/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2019
Closed on
Sep 17, 2019
Sold by
Bank Of America Na
Bought by
Crowell Steven R and Crowell Kim C
Seller's Agent
Sheri Smith
Keller Williams Realty Delmarva
Buyer's Agent
Suzanne OBrien
Coldwell Banker Realty
List Price
$721,000
Sold Price
$505,000
Premium/Discount to List
-$216,000
-29.96%
Current Estimated Value
$838,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,372
Avg. Annual Appreciation
9.61%
Original Mortgage
$305,000
Outstanding Balance
$268,956
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$584,568

Purchase Details

Closed on
Apr 2, 2019
Sold by
Lee Robert
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 12, 2001
Bought by
Wilcox Thomas W and Wilcox Marlene
Source: Public Records

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Range of Values:

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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
Crowell Steven R $505,000 --
Bank Of America Na $420,309 --
Wilcox Thomas W $417,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crowell Steven R $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $505,000 -24.4% $133 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
07/11/2019 07/11/19 Price Changed $667,800 -7.4% $176 / Sq Ft
05/14/2019 05/14/19 For Sale $721,000 -- $190 / 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 $2,041 $42,900 $15,750 $27,150
2023 $2,071 $42,900 $15,750 $27,150
2022 $2,042 $42,900 $15,750 $27,150
2021 $1,990 $42,900 $15,750 $27,150
2020 $1,953 $42,900 $15,750 $27,150
2019 $1,945 $42,900 $15,750 $27,150
2018 $1,961 $42,900 $0 $0
2017 $1,636 $42,900 $0 $0
2016 $1,780 $42,900 $0 $0
2015 $1,825 $42,900 $0 $0
2014 $1,802 $42,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU140324

Bright MLS

APN: 134-05.00-342.00