NOT LISTED FOR SALE

38927 Madison Ave Unit 26 Selbyville, DE 19975

Estimated Value: $681,000 - $768,000

3 Beds
2.5 Baths
1,530 Sq Ft
$474/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2021

Last sale price $575,000 $376 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,239 / mo

12 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Pier or Dock
  • Open Floorplan
  • Phillip C. Showell Elementary School Rated A-
  • Waterfront
  • Contemporary Architecture

About This Home

As of May 2021

WOW! What a Stunner! Views are Stunning! House is Stunning! Look out your backdoor onto the Little Assawoman Bay! End of Group Town Home Newly Updated with 3 generous size bedrooms, 2 Full Baths, and 1 Half Bath on the main level. Bright and Open Kitchen with Granite, and Large Breakfast Bar! Living Room with Gas Fireplace, Patio Doors that leads onto your deck and right out to water, with your very Own Pier, Fits up to a 24 Foot Boat! 2 Generous size bedrooms and full bath on the 2nd level with those stunning views of the bay and another deck! 3rd Level Master En-Suite with double bowl vanity and walk in shower with custom ceramic tile, and another Deck to gaze at the water! Laundry also located in the unit! 2 Assigned parking spaces, the boat slip, and pier for fishing, crabbing, kayaking, jet skiing , Community Pool, Visitor Parking, are all included here! This home comes furnished, and turn key! Don't Wait, come see it today, these homes don't come available very often! Just a short commute to shopping, restaurants, beach, and amusements!

Last Agent to Sell the Property

Erica Hundertmark-Canapp

(410) 449-4900 info@oconorandmooney.com O'Conor, Mooney & Fitzgerald License #RS-0026362 Listed on: 04/08/2021

Last Buyer's Agent

Helen Neisser

(302) 360-0300 walt.t@kw.com Keller Williams Realty License #RS0025513

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $989

Year Built

  • Built in 1985

Lot Details

  • 2,396

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 1,530 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Combination Kitchen and Living

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom faces the bay
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 2 Parking Spaces
  • Parking Lot

Outdoor Features

  • Water Access
  • Property near a bay

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Waterfront
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 533-20.19-98.00-26

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include lawn maintenance, trash
  • Fenwick Landing Community
  • Fenwick Landing Subdivision

Recreation

  • Pier or Dock
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$989

Year Built

Built in 1985

Lot Details

2,396 Sq Ft Lot

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Living, Floor Plan - Open, Kitchen - Country, Primary Bedroom - Bay Front, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1530
  • Living Area Sq Ft: 1530
  • Price Per Sq Ft: 375.82
  • Above Grade Finished Sq Ft: 1530
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 750.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pier/Dock, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: M
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5241183
  • School Tax: 872.00
  • Tax Annual Amount: 989.00
  • Assessor Parcel Number: 533-20.19-98.00-26
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2026
Sold by
Arthur Ward and Martin Delkis
Bought by
Wayne And Delkis Ward Living Trust and Ward
Current Estimated Value
$725,329

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 25, 2021
Sold by
Mcfaul Marc M and Mcfaul Dimino
Bought by
Martinez-Ward Delkins and Ward Wayne D
Seller's Agent
Erica Hundertmark-Canapp
O'Conor, Mooney & Fitzgerald
Buyer's Agent
Helen Neisser
Keller Williams Realty
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$375,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 30, 1989
Bought by
Krause Raymond Patrick (Trustee)
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Wayne And Delkis Ward Living Trust -- None Listed On Document
Martinez-Ward Delkins $575,000 None Available
Krause Raymond Patrick (Trustee) $105,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Martinez-Ward Delkins $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $575,000 0.0% $376 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $575,000 -- $376 / Sq Ft
Source: Bright MLS

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 $1,453 $26,300 $0 $26,300
2024 $1,166 $26,300 $0 $26,300
2023 $1,165 $26,300 $0 $26,300
2022 $1,146 $26,300 $0 $26,300
2021 $1,112 $26,300 $0 $26,300
2020 $1,064 $26,300 $0 $26,300
2019 $1,059 $26,300 $0 $26,300
2018 $1,070 $27,950 $0 $0
2017 $1,078 $27,950 $0 $0
2016 $952 $27,950 $0 $0
2015 $981 $27,950 $0 $0
2014 $966 $27,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU180758

Bright MLS

APN: 533-20.19-98.00-26

Your Personal Tour Guide

Ask me questions while you tour the home.