NOT LISTED FOR SALE

43 Tibbetts Point Way Ocean View, DE 19970

Estimated Value: $742,000 - $940,000

5 Beds
4.5 Baths
2,850 Sq Ft
$299/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $949,000 $333 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $5,135/month

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Deck
  • Lord Baltimore Elementary School Rated A-
  • Coastal Architecture
  • Loft

About This Home

As of October 2023

Enjoy coastal living at its finest in this fully furnished, five bedroom, four and a half bath home in Tidal Walk, just over one mile to South Bethany Beach. Constructed in 2021, this Evergreene home shows like a model, and offers a multitude of desirable features and energy efficiency with a location that can't be beat. On the main level, you will find an open floorplan with luxury vinyl plank flooring, a chef's kitchen with 42 inch cabinets, quartz counters, pendant lighting, stainless appliances with gas cooking, a beverage fridge, and large center island. The main living area is absolutely stunning, and provides ample space for everyday living and entertaining, with coffered ceilings, a gas fireplace, custom window treatments, and sliders to a 27-foot screened-in porch for even more living space. The serene primary bedroom is conveniently located on the main level, with its own slider to the screened-in porch, a large bath with double vanity, and a bonus space that can be used as a walk-in-closet, home office, and/or workout space. The upper level of the home boasts a second family room loft area with a slider that leads to an oversized balcony, laundry room, four additional bedrooms and three full baths. Two of the upper level bedrooms also have access to the balcony. Each bedroom has tons of closet space, two with on-suite baths, and the other two connected with a Jack & Jill bath. Hang out and watch TV on the garage level, while playing games or swinging in the hammock pod. And don't worry about getting sand in the house, because there is an outdoor shower for extra convenience. Low maintenance, energy efficient features of this home include low-e windows, composite decking, variable speed HVAC, tankless hot water heater, 30-year architectural shingle roof, and Wi-Fi enabled thermostat. Additional upgrades include a fire sprinkler system and electric dog fence. This home has never been rented, and truly feels brand new - although it can be rented and would generate ample income. Bike to the beach or to dinner in Bethany, or take a short drive to Fenwick, Rehoboth, or Ocean City. This is truly a one-of-a-kind property and surely won't last!

Last Agent to Sell the Property

Stacy Ward

Monument Sotheby's International Realty License #RS-0036997 Listed on: 09/04/2023

Monument Sotheby's International Realty

Last Buyer's Agent

Timothy Dozier

Sheppard Realty Inc License #649668

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $122

Year Built

  • Built in 2021

Lot Details

  • Cul-De-Sac
  • Property has an invisible fence for dogs
  • Landscaped
  • No Through Street
  • Level Lot
  • Back and Front Yard
  • Property is in excellent condition

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,850 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Dining Room
  • Loft
  • Carpet
  • Attic Fan

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient Exposure or Shade
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Home Energy Management

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Screened Patio
  • Rain Gutters
  • Porch

Location

  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 134-17.00-1163.00

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, pool(s), trash, lawn maintenance
  • Tidal Walk HOA
  • Built by Evergreene Builders
  • Tidal Walk Subdivision, Bayberry Floorplan
  • Property Manager

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$122

Year Built

Built in 2021

Lot Details

0

HOA Fees

$230 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
  • Exclusions: Four pieces of artwork and two stools in front of fireplace
  • Inclusions: Fully furnished
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-09-04
  • Federal Flood Zone: Yes
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: Enjoy coastal living at its finest in this fully furnished, five bedroom, four and a half bath home in Tidal Walk, just over one mile to South Bethany Beach. Constructed in 2021, this Evergreene home shows like a model, and offers a multitude of desirable features and energy efficiency with a location that can't be beat. On the main level, you will find an open floorplan with luxury vinyl plank flooring, a chef's kitchen with 42 inch cabinets, quartz counters, pendant lighting, stainless appliances with gas cooking, a beverage fridge, and large center island. The main living area is absolutely stunning, and provides ample space for everyday living and entertaining, with coffered ceilings, a gas fireplace, custom window treatments, and sliders to a 27-foot screened-in porch for even more living space. The serene primary bedroom is conveniently located on the main level, with its own slider to the screened-in porch, a large bath with double vanity, and a bonus space that can be used as a walk-in-closet, home office, and/or workout space. The upper level of the home boasts a second family room loft area with a slider that leads to an oversized balcony, laundry room, four additional bedrooms and three full baths. Two of the upper level bedrooms also have access to the balcony. Each bedroom has tons of closet space, two with on-suite baths, and the other two connected with a Jack & Jill bath. Hang out and watch TV on the garage level, while playing games or swinging in the hammock pod. And don't worry about getting sand in the house, because there is an outdoor shower for extra convenience. Low maintenance, energy efficient features of this home include low-e windows, composite decking, variable speed HVAC, tankless hot water heater, 30-year architectural shingle roof, and Wi-Fi enabled thermostat. Additional upgrades include a fire sprinkler system and electric dog fence. This home has never been rented, and truly feels brand new - although it can be rented and would generate ample income. Bike to the beach or to dinner in Bethany, or take a short drive to Fenwick, Rehoboth, or Ocean City. This is truly a one-of-a-kind property and surely won't last!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Extra Refrigerator/Freezer, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Attic/House Fan, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Energy Efficient, Low-E, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Pilings
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Loft, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2850
  • Living Area Sq Ft: 2850
  • Price Per Sq Ft: 332.98
  • Above Grade Finished Sq Ft: 2850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 43

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outside Shower, Gutter System
  • Roof: Architectural Shingle
  • Spa: 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, Inside Access, Oversized, Garage Door Opener, Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

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
  • Security: Fire Detection System, Sprinkler System - Indoor, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 230.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Trash, Lawn Maintenance
  • HOA Name: TIDAL WALK HOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Horses: No
  • Fencing: Invisible
  • Land Use Code: 999
  • Lot Features: Cul-De-Sac, Front Yard, Landscaping, Level, No Thru Street, Rear Yard
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es), Screened
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • In City Limits: No

Green Features

  • Efficiency: Appliances, Construction, Hvac, Home Energy Management, Exposure/Shade
  • Green Indoor Air Qlty: Moisture Control

Building Info

  • Builder Name: Evergreene Builders

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 109.00
  • Tax Annual Amount: 122.00
  • Assessor Parcel Number: 134-17.00-1163.00
  • Tax Lot: 21
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/06/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
Oct 6, 2023
Sold by
Dike Chima and Dike Susanna
Bought by
Sodano Joseph and Sodano Kerrie
Seller's Agent
Stacy Ward
Monument Sotheby's International Realty
Buyer's Agent
Timothy Dozier
Sheppard Realty Inc
List Price
$949,000
Sold Price
$949,000
Total Days on Market
0
Views
47
Current Estimated Value
$853,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,527
Avg. Annual Appreciation
-6.16%
Original Mortgage
$649,000
Outstanding Balance
$639,162
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$214,311

Purchase Details

Closed on
Jan 25, 2021
Sold by
Evg Ft Ventures Llc
Bought by
Dike Chima J and Dike Susanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
2.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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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
Sodano Joseph $949,000 None Listed On Document
Dike Chima J $706,615 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sodano Joseph $649,000
Previous Owner Dike Chima J $548,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $949,000 0.0% $333 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
09/04/2023 09/04/23 For Sale $949,000 -- $333 / 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 $1,588 $6,450 $6,450 $0
2023 $1,586 $6,450 $6,450 $0
2022 $129 $6,450 $6,450 $0
2021 $126 $6,450 $6,450 $0
2020 $120 $6,450 $6,450 $0
2019 $120 $6,450 $6,450 $0
2018 $113 $3,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2046156

Bright MLS

APN: 1341700116300