NOT LISTED FOR SALE

5 Marshel Ct Ocean View, DE 19970

Estimated Value: $423,002 - $693,000

4 Beds
4 Baths
2,481 Sq Ft
$247/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $476,000 $192 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,597/month

3 Days on Market

Highlights

  • Pond View
  • Waterfront
  • Craftsman Architecture
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of December 2020

Beautiful waterfront home just 2 miles to the beach with one of the best pond views in Savannah's Landing! This coastal retreat features a sought after floorplan with a living room, additional family room, dining room, eat-in kitchen, first floor master and 3 guest bedrooms. This spacious floorplan offers plenty of room for everyone to spread out when entertaining large gatherings at the beach. Excellent outdoor living space includes a screened porch off the kitchen and an expansive deck overlooking the water. New roof installed in January of 2018 and offered fully furnished this home is ready to be enjoyed. Situated on a large pond in one of Ocean View's most desirable communities just steps away from the pool and tennis courts.

Last Listed By

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 11/04/2020

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,078

Year Built

  • Built in 1999

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 42.00 x 98.00
  • Waterfront
  • Landscaped
  • Property is zoned RS

HOA Fees

  • $99 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Frame Construction
  • Stick Built Home

Interior Spaces

  • 2,481 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Pond Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property is near a pond
  • Bulkhead
  • Pond
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 134-13.00-1955.00

Community Details

Overview

  • Association fees include common area maintenance, management
  • Savannahs Landing Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,078

Year Built

Built in 1999

Lot Details

0

HOA Fees

$99 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Craftsman
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful waterfront home just 2 miles to the beach with one of the best pond views in Savannah's Landing! This coastal retreat features a sought after floorplan with a living room, additional family room, dining room, eat-in kitchen, first floor master and 3 guest bedrooms. This spacious floorplan offers plenty of room for everyone to spread out when entertaining large gatherings at the beach. Excellent outdoor living space includes a screened porch off the kitchen and an expansive deck overlooking the water. New roof installed in January of 2018 and offered fully furnished this home is ready to be enjoyed. Situated on a large pond in one of Ocean View's most desirable communities just steps away from the pool and tennis courts.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Wood
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2481
  • Living Area Sq Ft: 2481
  • Price Per Sq Ft: 180.98
  • Above Grade Finished Sq Ft: 2481
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Road Surface Type: Paved
  • View: Pond, Water
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1188.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool, Tot Lots/Playground, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, Filtered, In Ground

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Features: Bulkheaded, Landscaping
  • Lot Size Acres: 0.09
  • Lot Dimensions: 42.00 x 98.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Year Assessed: 2020
  • Zoning: RS
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5107365
  • School Tax: 993.00
  • Tax Annual Amount: 2078.00
  • Assessor Parcel Number: 134-13.00-1955.00
  • Tax Lot: 115
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/18/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 10, 2020
Sold by
J2a Properties Llc
Bought by
Grimm Carla M and Grimm Mark D
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
List Price
$449,000
Sold Price
$476,000
Premium/Discount to List
$27,000
6.01%
Total Days on Market
3
Current Estimated Value
$612,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,501
Avg. Annual Appreciation
7.37%
Original Mortgage
$380,800
Outstanding Balance
$342,908
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$308,940

Purchase Details

Closed on
Jun 23, 2017
Sold by
Sheap Family Trust Amended 01 27 2014
Bought by
J2a Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2012
Sold by
Fred A Fred A and Sheap Joyce J
Bought by
Sheap Fred A and Sheap Joyce J

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
Grimm Carla M $476,000 None Available
J2a Properties Llc $355,000 None Available
Sheap Fred A -- --
Sheap Fred A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimm Carla M $380,800
Previous Owner J2a Properties Llc $266,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $476,000 +6.0% $192 / Sq Ft
11/07/2020 11/07/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $449,000 -- $181 / 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 $1,238 $29,950 $3,000 $26,950
2023 $1,237 $29,950 $3,000 $26,950
2022 $1,217 $29,950 $3,000 $26,950
2021 $1,181 $29,950 $3,000 $26,950
2020 $1,127 $29,950 $3,000 $26,950
2019 $1,122 $29,950 $3,000 $26,950
2018 $1,132 $29,950 $0 $0
2017 $1,142 $29,950 $0 $0
2016 $1,030 $29,950 $0 $0
2015 $1,061 $29,950 $0 $0
2014 $1,046 $29,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU172464

Bright MLS

APN: 134-13.00-1955.00