NOT LISTED FOR SALE

40 Dorothy Cir Ocean View, DE 19970

Estimated Value: $385,000 - $456,243

3 Beds
2 Baths
1,440 Sq Ft
$292/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $353,000 $245 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,311/month

Highlights

  • Boat Ramp
  • Rambler Architecture
  • Porch
  • Lord Baltimore Elementary School Rated A-
  • Bamboo Flooring
  • Tankless Water Heater

About This Home

As of August 2021

Are you ready for morning coffee on your front porch swing? A glass of wine by your back yard fire pit in the evening? This beautifully renovated cottage is located less than 3 miles to Bethany Beach! Formerly only 2BR, 1BA, this home was renovated with love and is now a 3BR, 2BA via a 600sqft addition! The renovation included new bamboo laminate floors, tiled bathrooms, new stainless steel appliances, new roof, new siding, upgraded plumbing and electrical, and fenced in back yard with a fire pit. Home is being sold "turn key" with some minor exclusions. New heat pump with 2 split units for added comfort. Deeded rights to use the boat "ramp" in Banks Harbor Retreat (may be a nominal fee). Additional sitting room in the back of the home can be used as an office. Close to restaurants and shopping. Schedule your tour today! Don't forget to bring your kayaks and bicycles!

** AGENTS: Read agent remarks **

Last Agent to Sell the Property

Kim Bowden

(302) 462-5284 kim@livelovebeachhomes.com Patterson-Schwartz-OceanView Listed on: 06/30/2021

Patterson-Schwartz-OceanView

Last Buyer's Agent

RACHAEL CAREY

(302) 841-7760 rcarey@kw.com Iron Valley Real Estate at The Beach License #RS-0019947

Iron Valley Real Estate at The Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $791

Year Built

  • Built in 1975

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x135
  • Property is in excellent condition

HOA Fees

  • $7 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Bungalow
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Electric Oven or Range
  • Built-In Microwave

Flooring

  • Bamboo
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Off-Street Parking

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Outdoor Shower
  • Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Well
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-12.00-944.00

Community Details

Overview

  • $250 Capital Contribution Fee
  • Denton Manor HOA
  • Denton Manor Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$791

Year Built

Built in 1975

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: No Stairs
  • Ownership: Fee Simple
  • Exclusions: Master bedroom bed and TV, Bed in 2nd bedroom and porch furniture, personal items and pictures.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1975
  • Remarks Public: Are you ready for morning coffee on your front porch swing? A glass of wine by your back yard fire pit in the evening? This beautifully renovated cottage is located less than 3 miles to Bethany Beach! Formerly only 2BR, 1BA, this home was renovated with love and is now a 3BR, 2BA via a 600sqft addition! The renovation included new bamboo laminate floors, tiled bathrooms, new stainless steel appliances, new roof, new siding, upgraded plumbing and electrical, and fenced in back yard with a fire pit. Home is being sold "turn key" with some minor exclusions. New heat pump with 2 split units for added comfort. Deeded rights to use the boat "ramp" in Banks Harbor Retreat (may be a nominal fee). Additional sitting room in the back of the home can be used as an office. Close to restaurants and shopping. Schedule your tour today! Don't forget to bring your kayaks and bicycles! ** AGENTS: Read agent remarks **
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Bamboo, Ceramic Tile, Laminated
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 225.69
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Central, Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric, Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 82.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp
  • HOA Name: DENTON MANOR
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 250.00

Schools

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

Lot Info

  • Land Lease: No
  • Land Use Code: RS
  • Lot Size Acres: 0.23
  • Lot Dimensions: 75x135
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • Zoning Description: Residential Single
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5105937
  • Tax Annual Amount: 791.00
  • Assessor Parcel Number: 134-12.00-944.00
  • Tax Year: 2020
  • Close Date: 08/27/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 27, 2021
Sold by
Magner John E and Magner Rachel M
Bought by
Donahue Mary and Brinck Michael
Seller's Agent
Kim Bowden
Patterson-Schwartz-OceanView
Buyer's Agent
RACHAEL CAREY
Iron Valley Real Estate at The Beach
List Price
$325,000
Sold Price
$353,000
Premium/Discount to List
$28,000
8.62%
Current Estimated Value
$420,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,061
Avg. Annual Appreciation
4.33%
Original Mortgage
$317,700
Outstanding Balance
$289,083
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$130,978

Purchase Details

Listed on
Aug 5, 2015
Closed on
Sep 9, 2015
Sold by
Robinson Marion G
Bought by
Magner John E and Magner Rachel M
Seller's Agent
CHRIS ALLEN
Keller Williams Realty
Buyer's Agent
CHRIS ALLEN
Keller Williams Realty
List Price
$110,000
Sold Price
$98,000
Premium/Discount to List
-$12,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.99%
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
Donahue Mary $353,000 None Available
Magner John E $98,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donahue Mary $317,700
Closed Magner John E $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $353,000 +8.6% $245 / Sq Ft
06/30/2021 06/30/21 For Sale $325,000 +231.6% $226 / Sq Ft
09/11/2015 09/11/15 Sold $98,000 -10.9% $113 / Sq Ft
08/08/2015 08/08/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $110,000 -- $127 / 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 $920 $9,150 $1,250 $7,900
2024 $777 $9,150 $1,250 $7,900
2023 $798 $9,150 $1,250 $7,900
2022 $790 $9,150 $1,250 $7,900
2021 $783 $9,150 $1,250 $7,900
2020 $453 $9,150 $1,250 $7,900
2019 $789 $9,150 $1,250 $7,900
2018 $683 $9,150 $0 $0
2017 $737 $9,150 $0 $0
2016 $696 $9,150 $0 $0
2015 $705 $9,150 $0 $0
2014 $701 $9,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU185254

Bright MLS

APN: 134-12.00-944.00