NOT LISTED FOR SALE

48 Sycamore St Ocean View, DE 19970

Estimated Value: $644,705 - $671,000

3 Beds
2.5 Baths
2,115 Sq Ft
$312/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $620,000 $293 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,051/month

68 Days on Market

Highlights

  • Fitness Center
  • Tennis Courts
  • Panoramic View
  • Lord Baltimore Elementary School Rated A-
  • Gourmet Kitchen
  • Open Floorplan

About This Home

As of March 2024

Introducing 48 Sycamore Street. Welcome to your dream home at the heart of the Bear Trap community, where luxury meets coastal charm. This meticulously maintained retreat sits on a premium corner lot, offering the perfect blend of craftsmanship, coastal style, and a seamless one-level floor plan. As you step into the great room, you're greeted by an abundance of natural light streaming in through picture windows and a slider, framing exquisite views of the lush lawn and vibrant garden. The ambiance is enhanced by a 3-sided fireplace, casting a cozy warmth that extends throughout this entertainer's haven. The heart of the home is the gourmet kitchen offering abundant granite covered prep surfaces, plentiful cabinet storage space for all your kitchen gadgets, stainless steel appliances, a planning center, and a substantial island with breakfast bar, it is a chef’s dream. Serve meals at the breakfast bar, in the adjacent dining area, or take your celebration out to the deck and dine al-fresco while watching the sunset over the beautiful private lot framed by mature trees and gorgeous landscape. The primary bedroom is a sanctuary of its own, featuring a private west-facing balcony—a perfect spot for enjoying breathtaking sunsets. A generously sized walk-in closet and a spa-like ensuite add a touch of luxury and convenience to your daily routine. Two additional guest bedrooms, each with its unique charm, provide comfortable accommodations for friends and family. The hall bath and powder bath are elegantly designed, and a spacious laundry room adds practicality to the living space. Interior access to the oversized 2-car garage and other deep closets throughout the home provide opportunities for additional storage, ensuring that every corner of this home is as functional as it is beautiful, completing the magnificent layout. Recent updates include a new Roof (2023), Water heater (2023), HVAC System (2022), Sconces & Floor Outlets in the living room area. This residence on Sycamore is not just a house; it's a haven where craftsmanship, style, and comfort come together to create a truly exceptional living experience. Welcome home! The Village at Bear Trap Dunes, you’ll enjoy a rich and wide variety of amenities including The Village Pavilion: Indoor & Outdoor Pools, Fitness Center with Machine and Free-weight rooms, Whirlpool, Saunas and Community meeting room, Tennis, Volleyball, Basketball and Pickle Ball courts. Beach Shuttle stops are throughout the community. The Award winning 27-hole Championship Bear Trap Dunes Golf Course and Clubhouse with Restaurant, Pro-Shop and Banquet Facilities complete the amenity package. Truly resort style!

Last Listed By

Adam Ask

Northrop Realty License #RS-0038921 Listed on: 10/19/2023

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,805

Year Built

  • Built in 2003

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 152.00 x 132.00
  • Backs To Open Common Area
  • East Facing Home
  • Landscaped
  • Corner Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned TN

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Brick Driveway
  • On-Street Parking

Property Views

  • Panoramic
  • Garden

Home Design

  • Coastal Architecture
  • Frame Construction
  • Pitched Roof
  • Architectural Shingle Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 2,115 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Double Sided Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Transom Windows
  • Window Screens
  • Sliding Doors
  • Atrium Doors
  • Insulated Doors
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Tennis Courts
  • Sport Court
  • Deck
  • Patio
  • Playground
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Dispenser
  • 60 Gallon+ Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 192
  • Assessor Parcel Number 134-16.00-1400.00

Community Details

Overview

  • Association fees include common area maintenance, pool(s), snow removal, trash, management
  • Bear Trap Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,805

Year Built

Built in 2003

Lot Details

0

HOA Fees

$240 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: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Icemaker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Dispenser, Water Heater
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Double Pane, Screens, Transom, Vinyl Clad
  • Fireplace Features: Double Sided, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Atrium, Insulated, Sliding Glass, Storm
  • Wall Ceiling Types: 9'+ Ceilings, High
  • Foundation Details: Other
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2115
  • Living Area Sq Ft: 2115
  • Price Per Sq Ft: 304.96
  • Above Grade Finished Sq Ft: 2115
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Hardiplank Type, Stick Built
  • Exterior Features: Play Area, Sidewalks, Sport Court, Street Lights, Tennis Court(s)
  • Roof: Architectural Shingle, Pitched
  • View: Garden/Lawn, Panoramic
  • 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
  • Parking Features: Brick Driveway, Circular Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 240.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Snow Removal, Trash, Management
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground, Indoor

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

  • Land Use Code: 999
  • Lot Features: Backs - Open Common Area, Backs To Trees, Corner, Front Yard, Landscaping, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.29
  • Lot Dimensions: 152.00 x 132.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Outdoor Living Structures: Deck(s), Porch(es), Roof, Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: TN
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1611.00
  • Tax Annual Amount: 1805.00
  • Assessor Parcel Number: 134-16.00-1400.00
  • Tax Lot: 192
  • Tax Total Finished Sq Ft: 2115
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 03/01/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Mar 1, 2024
Sold by
Iaci Alfred W and Iaci Mary E
Bought by
Costello Robert and Costello Alison
Seller's Agent
Adam Ask
Northrop Realty
Buyer's Agent
Nicole Harrell
Northrop Realty
List Price
$674,900
Sold Price
$620,000
Premium/Discount to List
-$54,900
-8.13%
Total Days on Market
68
Views
146
Current Estimated Value
$660,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,176
Avg. Annual Appreciation
5.47%
Original Mortgage
$265,000
Outstanding Balance
$261,843
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$398,333

Purchase Details

Closed on
Jan 24, 2003
Bought by
Iaci Alfred W and Iaci Mary E

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
Costello Robert $620,000 None Listed On Document
Iaci Alfred W $360,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costello Robert $265,000
Previous Owner Iaci Alfred W $50,000
Previous Owner Iaci Alfred W $246,000
Previous Owner Iaci Alfred W $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $620,000 -3.9% $293 / Sq Ft
11/16/2023 11/16/23 Price Changed $645,000 -2.3% $305 / Sq Ft
11/01/2023 11/01/23 Price Changed $659,999 -2.2% $312 / Sq Ft
10/19/2023 10/19/23 For Sale $674,900 -- $319 / 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 $1,808 $43,700 $6,750 $36,950
2023 $1,330 $43,700 $6,750 $36,950
2022 $1,301 $43,700 $6,750 $36,950
2021 $1,348 $43,700 $6,750 $36,950
2020 $1,269 $43,700 $6,750 $36,950
2019 $1,262 $43,700 $6,750 $36,950
2018 $1,278 $43,700 $0 $0
2017 $1,291 $43,700 $0 $0
2016 $994 $43,700 $0 $0
2015 $1,039 $43,700 $0 $0
2014 $1,016 $43,700 $0 $0
Source: Public Records

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Source: Bright MLS

MLS Number: DESU2050128

Bright MLS

APN: 134-16.00-1400.00