NOT LISTED FOR SALE

38939 Monroe Ave Selbyville, DE 19975

Estimated Value: $133,530 - $1,811,000

7 Beds
6.5 Baths
4,300 Sq Ft
$300/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $915,000 $213 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,267/month

124 Days on Market

Highlights

  • 1 Dock Slip
  • Spa
  • Canal View
  • Phillip C. Showell Elementary School Rated A-
  • Waterfront
  • Deck

About This Home

As of February 2017

ULTIMATE BEACH HOUSE - This is it! High end designer finishes highlight this premium waterfront home, sold furnished. The exterior was recently redesigned and constructed by Echelon Custom Homes. This included all new windows and doors as well as Hardiplank exterior materials. Features include a custom Kitchen with SS appliances and granite, two stone fireplaces, 7 bedrooms and 6 baths, four decks, a great patio, two Rinnai system, hardwood flooring throughout, waterfront location with 10,000 lb boat lift, fire sprinkler system, hot tub and so much more. Located less than a mile to Fenwick Island's pristine beach, this fantastic home is a great size for the whole family. This home will amaze with the attention to detail at every turn. All the hard work has been done, time to just enjoy! There are several award winning restaurants, and a great day spa within easy walking distance. Hurry - an opportunity like this doesn't come along very often!

Last Agent to Sell the Property

MICHAEL CONOVER

Berkshire Hathaway HomeServices PenFed Realty Listed on: 08/25/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 2006

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Waterfront
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Metal Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 4,300 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Insulated Doors
  • Canal Views

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Attached Garage
  • Garage Door Opener
  • Stone Driveway
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near a canal
  • Bulkhead
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Dock Against Bulkhead
  • Balcony
  • Deck
  • Patio

Utilities

  • Heat Pump System
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Private Sewer
  • Satellite Dish

Community Details

  • Edgewater Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 533-20.19-25.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,832

Year Built

Built in 2006

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 2006
  • Remarks Public: ULTIMATE BEACH HOUSE - This is it! High end designer finishes highlight this premium waterfront home, sold furnished. The exterior was recently redesigned and constructed by Echelon Custom Homes. This included all new windows and doors as well as Hardiplank exterior materials. Features include a custom Kitchen with SS appliances and granite, two stone fireplaces, 7 bedrooms and 6 baths, four decks, a great patio, two Rinnai system, hardwood flooring throughout, waterfront location with 10,000 lb boat lift, fire sprinkler system, hot tub and so much more. Located less than a mile to Fenwick Island's pristine beach, this fantastic home is a great size for the whole family. This home will amaze with the attention to detail at every turn. All the hard work has been done, time to just enjoy! There are several award winning restaurants, and a great day spa within easy walking distance. Hurry - an opportunity like this doesn't come along very often!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer, Water Heater, Water Heater - Tankless
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Kitchen - Island, Ceiling Fan(s), Whirlpool/Hottub
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Block
  • Level Count: 4
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4300
  • Living Area Sq Ft: 4300
  • Net Sq Ft: 4300.00
  • Price Per Sq Ft: 231.40
  • Above Grade Finished Sq Ft: 4300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38939

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Hardiplank Type
  • Construction Completed: Yes
  • Exterior Features: Hot Tub, Outside Shower, Satellite Dish
  • Roof: Metal
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Stone Driveway
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • Security: Fire Detection System, Sprinkler System - Indoor
  • Sewer/Septic System: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Bulkheaded
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s)
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5241082
  • Assessor Parcel Number: 533-20.19-25.01
  • County Tax Payment Frequency: Annually
  • Close Date: 02/24/2017

MLS Schools

  • School District Name: INDIAN RIVER

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gertzen Frank $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2017 02/24/17 Sold $915,000 -8.0% $213 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $995,000 -- $231 / 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 $2,832 $68,150 $5,000 $63,150
2023 $2,829 $68,150 $5,000 $63,150
2022 $2,784 $68,150 $5,000 $63,150
2021 $2,701 $68,150 $5,000 $63,150
2020 $2,581 $68,150 $5,000 $63,150
2019 $2,570 $68,150 $5,000 $63,150
2018 $2,594 $68,150 $0 $0
2017 $2,616 $68,150 $0 $0
2016 $2,307 $68,150 $0 $0
2015 $2,384 $68,350 $0 $0
2014 $2,349 $68,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001479918

Bright MLS

APN: 533-20.19-25.01