NOT LISTED FOR SALE

38900 Cove Ct Ocean View, DE 19970

Estimated Value: $1,022,000 - $1,238,000

4 Beds
4.5 Baths
4,551 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $1,167,500 $257 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,398/month

Highlights

  • Marina
  • 1 Dock Slip
  • Bay View
  • Lord Baltimore Elementary School Rated A-
  • Indoor Pool
  • Waterfront

About This Home

As of April 2018

Water Front Paradise - Perfectly positioned on a quiet cul-de-sac in the well-established community of Quillen's Point, this beautifully landscaped and irrigated, newly renovated 4 bed 4.5 bath home boasts 90 feet of bulkheaded canal front living, decks on every level, water views from every bedroom, elevator and a heated indoor pool surrounded with window-lined walls opening to back deck right on the water. Enjoy effortless access to the Indian River Bay and Atlantic Ocean from your private boat dock. Complete with walking path, marina, and tennis Quillens Point offers the utmost in peace and tranquility while being just moments away from beaches, shopping, restaurants and more..this water lover?s paradise has it all!Built by Hugh Hickman Builders in 1991 w/approx. $100K invested in 2017: new kitchen cabinets, granite counter tops, new vanity & granite counter top in owner's bathroom, interior & exterior paint, refinished hardwood floors, one new HVAC unit & resurfaced pool.

Last Agent to Sell the Property

PATRICK MONTAGUE

(302) 381-6992 patrick@patrickmontague.com Long & Foster Real Estate, Inc. Listed on: 09/03/2017

Long & Foster Real Estate, Inc.

Co-Listed By

Dawn Marton

(443) 235-8999 dawn.marton.re@gmail.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,481

Year Built

  • Built in 1991

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 123x56x45x92x92
  • Waterfront
  • Landscaped
  • Sprinkler System
  • Zoning described as AGRICULTURAL/RESIDENTIAL

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • 4,551 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Bay Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Whirlpool Bathtub

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Monitored
  • Storm Doors

Parking

  • 6 Car Attached Garage
  • 6 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Pool

  • Indoor Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near a canal
  • Bulkhead
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Deck
  • Wrap Around Porch

Location

  • Flood Risk

Utilities

  • Cooling System Utilizes Bottled Gas
  • Dehumidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 134-05.00-346.00

Community Details

Overview

  • Quillens Point Subdivision

Recreation

  • Boat Dock
  • Pier or Dock
  • Marina
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,481

Year Built

Built in 1991

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1991
  • Remarks Public: Water Front Paradise - Perfectly positioned on a quiet cul-de-sac in the well-established community of Quillen's Point, this beautifully landscaped and irrigated, newly renovated 4 bed 4.5 bath home boasts 90 feet of bulkheaded canal front living, decks on every level, water views from every bedroom, elevator and a heated indoor pool surrounded with window-lined walls opening to back deck right on the water. Enjoy effortless access to the Indian River Bay and Atlantic Ocean from your private boat dock. Complete with walking path, marina, and tennis Quillens Point offers the utmost in peace and tranquility while being just moments away from beaches, shopping, restaurants and more..this water lover?s paradise has it all!Built by Hugh Hickman Builders in 1991 w/approx. $100K invested in 2017: new kitchen cabinets, granite counter tops, new vanity & granite counter top in owner's bathroom, interior & exterior paint, refinished hardwood floors, one new HVAC unit & resurfaced pool.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Microwave, Oven - Double, Oven - Wall, Washer, Water Heater
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Pantry, Entry Level Bedroom, Ceiling Fan(s), Elevator, Whirlpool/Hottub, Wet/Dry Bar, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Other
  • Level Count: 3
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4551
  • Living Area Sq Ft: 4551
  • Net Sq Ft: 4551.00
  • Price Per Sq Ft: 274.64
  • Above Grade Finished Sq Ft: 4551
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38900

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Pool Features: Indoor
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Open Parking Spaces Count: 6
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 335.00
  • Central Air Conditioning: Yes
  • Cooling Type: Dehumidifier, Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Propane, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Monitored, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 585.00
  • 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: Boat Dock/Slip, Marina/Marina Club, Pier/Dock, Tennis Courts
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Bulkheaded, Landscaping
  • Lot Size Acres: 0.27
  • Lot Dimensions: 123x56x45x92x92
  • Lot Size Units: Acres
  • Lot Sq Ft: 11761.00
  • Outdoor Living Structures: Deck(s), Wrap Around, Porch(es)
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5123110
  • Assessor Parcel Number: 134-05.00-346.00
  • County Tax Payment Frequency: Annually
  • Close Date: 04/27/2018

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2017
Closed on
Apr 27, 2018
Sold by
Joe Anne K Wilkins Ret
Bought by
Hoffberger Charles P and Chapin-Hoffberger Lisa
Seller's Agent
PATRICK MONTAGUE
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$1,295,000
Sold Price
$1,167,500
Premium/Discount to List
-$127,500
-9.85%
Current Estimated Value
$1,157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,500
Avg. Annual Appreciation
-0.12%
Original Mortgage
$934,000
Outstanding Balance
$804,945
Interest Rate
4.44%
Mortgage Type
Unknown
Estimated Equity
$352,055
Source: Public Records

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
Hoffberger Charles P $1,167,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffberger Charles P $934,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2018 04/27/18 Sold $1,167,500 -6.6% $257 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
03/01/2018 03/01/18 Price Changed $1,249,900 -3.5% $275 / Sq Ft
09/03/2017 09/03/17 For Sale $1,295,000 -- $285 / 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 $2,481 $60,500 $16,500 $44,000
2024 $2,766 $60,500 $16,500 $44,000
2023 $2,795 $60,500 $16,500 $44,000
2022 $2,754 $60,500 $16,500 $44,000
2021 $2,680 $60,500 $16,500 $44,000
2020 $2,611 $60,500 $16,500 $44,000
2019 $2,601 $60,500 $16,500 $44,000
2018 $2,623 $60,500 $0 $0
2017 $2,642 $60,500 $0 $0
2016 $2,368 $60,500 $0 $0
2015 $1,930 $60,500 $0 $0
2014 $1,911 $60,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001027424

Bright MLS

APN: 134-05.00-346.00