NOT LISTED FOR SALE

38921 Lanyard Ct Selbyville, DE 19975

Estimated Value: $386,000 - $405,167

4 Beds
2.5 Baths
1,781 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 24, 2024

Last sale price $379,990 $213 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,224/month

14 Days on Market

Highlights

  • New Construction
  • Coastal Architecture
  • 2 Car Attached Garage
  • Phillip C. Showell Elementary School Rated A-
  • Community Pool
  • 90% Forced Air Heating and Cooling System

About This Home

As of October 2024

FALL MOVE-IN! 4 BEDROOM HOME! CUL-DE-SAC HOMESITE! The Fairfield at Schooner Landing built by Lennar is a new two-story home that features a convenient and airy layout shared among a first-floor kitchen with a large center island, dining room and Great Room that’s fit for modern living. Ideally situated upstairs are all four bedrooms including the serene owner’s suite with an attached bathroom and walk-in closet. Included with this home is a 16’ X 10’ concrete patio for outdoor entertaining, ALL appliances including washer and dryer, and a two-car garage to provide flexible storage space. Schooner Landing is a new community of single-family homes located off Lighthouse Road in the suburb of Selbyville, DE, just a quick drive from Fenwick Island, Bethany Beach, and Ocean City. Amenities will include a swimming pool and RV/Boat Parking.

Last Agent to Sell the Property

Suzie Parker

(443) 803-6590 suzieparkerrealtor@gmail.com Compass Listed on: 09/16/2024

Compass

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $820

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Property is in excellent condition

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Coastal Architecture
  • Slab Foundation

Interior Spaces

  • 1,781 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • 60+ Gallon Tank

Listing and Financial Details

  • Assessor Parcel Number 533-17.00-881.00

Community Details

Overview

  • $750 Capital Contribution Fee
  • Built by LENNAR
  • Schooner Landing Subdivision, Fairfield Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$820

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1781
  • Living Area Sq Ft: 1781
  • Price Per Sq Ft: 213.36
  • Above Grade Finished Sq Ft: 1781
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 750.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Building Info

  • Builder Name: LENNAR

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 732.00
  • Tax Annual Amount: 820.00
  • Assessor Parcel Number: 533-17.00-881.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Oct 25, 2024
Sold by
Lennar and Us Home Llc
Bought by
Raucher Leonard Hal and Raucher Karen Joy
Seller's Agent
Suzie Parker
Compass
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$379,990
Sold Price
$379,990
Views
4
Current Estimated Value
$394,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,052
Avg. Annual Appreciation
3.70%
Original Mortgage
$284,993
Outstanding Balance
$282,323
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$111,719
Source: Public Records

Range of Values:

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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
Raucher Leonard Hal $379,990 Spn Title Services
Raucher Leonard Hal $379,990 Spn Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raucher Leonard Hal $284,993
Closed Raucher Leonard Hal $284,993
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $379,990 0.0% $213 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $379,990 -- $213 / 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 $727 $550 $550 $0
2024 $83 $550 $550 $0
2023 $83 $550 $550 $0
2022 $81 $550 $550 $0
2021 $79 $550 $550 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2070660

Bright MLS

APN: 533-17.00-931.00