5 Tibbetts Point Way Ocean View, DE 19970
Estimated Value: $745,000 - $977,000
5
Beds
4.5
Baths
2,850
Sq Ft
$294/Sq Ft
Est. Value
Highlights
- Gourmet Kitchen
- Open Floorplan
- Community Pool
- Lord Baltimore Elementary School Rated A-
- Coastal Architecture
- Stainless Steel Appliances
About This Home
As of December 2023This beautiful Evergreene, Bayberry model home in the community of Tidal Walk is now available for you to own. With 5 bedrooms and 4.5 bathrooms, there is plenty of space for everyone. The open concept gourmet kitchen is perfect for entertaining and connects to a spacious living room and dining area. The screened-in porch provides a lovely outdoor space to relax and enjoy the surroundings. There are two entry ways to this home - one up the stairs in the front of the house and another staircase located inside the garage. On the main floor, you'll find the main bedroom with a full bathroom, his & hers sinks, a beautiful walk-in tile shower and a large walk-in closet. Upstairs, there is an oversized loft area with a bonus kitchenette along with four additional bedrooms, three full bathrooms and plenty of windows for natural light. There is an additional large third floor porch for more of those relaxing needs. The ground level is also quite large, a 2-car garage with a bonus EV charger along with access to the main floor living space. There is also a private outdoor shower and storage closet for all of your beach accessories. Tidal Walk is conveniently located near the town of Bethany Beach, where you can easily walk, ride your bike, or take a short drive to enjoy all the amenities our beach town has to offer. This is an excellent opportunity to own a stunning home in a desirable location with the potential for rental income. Don't miss out on this chance to make it yours!
Last Agent to Sell the Property
Coldwell Banker Premier - Rehoboth License #RS0037711 Listed on: 07/21/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,574
Year Built
- Built in 2022
Lot Details
- 7,405 Sq Ft Lot
- West Facing Home
- Sprinkler System
- Property is in excellent condition
- Property is zoned MR
HOA Fees
- $230 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 2 Driveway Spaces
- Front Facing Garage
- Garage Door Opener
Home Design
- Coastal Architecture
- Advanced Framing
- Blown-In Insulation
- Shingle Roof
- Vinyl Siding
- Piling Construction
- Stick Built Home
Interior Spaces
- 2,850 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
Kitchen
- Gourmet Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Carpet
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Bathtub with Shower
Laundry
- Laundry in unit
- Electric Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Multiple Balconies
- Screened Patio
- Rain Gutters
Schools
- Lord Baltimore Elementary School
- Selbyville Middle School
- Indian River High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- More Than Two Accessible Exits
- Energy-Efficient Appliances
- Flood Risk
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 48
- Assessor Parcel Number 134-17.00-1190.00
Community Details
Overview
- $1,000 Capital Contribution Fee
- Association fees include lawn maintenance, pool(s), trash, common area maintenance
- Tidewater Property Management HOA
- Built by Evergreene
- Tidal Walk Subdivision, Bayberry Floorplan
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2023
Closed on
Dec 15, 2023
Sold by
Khushbu Sikaria Butterworth Living Trust
Bought by
Jones David Bruce and Jones Joy K
Seller's Agent
David Grove
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Austin Gardner
Myers Realty
List Price
$899,900
Sold Price
$860,000
Premium/Discount to List
-$39,900
-4.43%
Total Days on Market
112
Views
247
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,177
Avg. Annual Appreciation
-1.65%
Original Mortgage
$602,000
Interest Rate
7.29%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 16, 2022
Closed on
Jun 10, 2022
Sold by
Evg-Ft Ventures Llc
Bought by
Khushbu Sikaria Butterworth Living Trust
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$654,900
Sold Price
$727,354
Premium/Discount to List
$72,454
11.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$545,515
Interest Rate
5.23%
Mortgage Type
New Conventional
Similar Homes in Ocean View, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jones David Bruce | $860,000 | None Listed On Document | |
| Khushbu Sikaria Butterworth Living Trust | $727,354 | Scott And Shuman Pa |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jones David Bruce | $612,000 | |
| Closed | Jones David Bruce | $602,000 | |
| Previous Owner | Khushbu Sikaria Butterworth Living Trust | $545,515 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Sold | $860,000 | -2.8% | $302 / Sq Ft |
| 11/11/2023 11/11/23 | Pending | -- | -- | -- |
| 08/30/2023 08/30/23 | Price Changed | $884,900 | -1.7% | $310 / Sq Ft |
| 07/21/2023 07/21/23 | For Sale | $899,900 | +37.4% | $316 / Sq Ft |
| 06/16/2022 06/16/22 | For Sale | $654,900 | -10.0% | $230 / Sq Ft |
| 06/10/2022 06/10/22 | Sold | $727,354 | -- | $255 / Sq Ft |
| 02/01/2022 02/01/22 | Pending | -- | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,615 | $6,450 | $6,450 | $0 |
| 2023 | $1,613 | $6,450 | $6,450 | $0 |
| 2022 | $1,582 | $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
-
David Grove
Seller's Agent in 2023
David Grove
Coldwell Banker Premier - Rehoboth
(302) 841-8998
8 in this area
30 Total Sales
-
Austin Gardner
Buyer's Agent in 2023
Austin Gardner
Myers Realty
(302) 535-3744
1 in this area
63 Total Sales
-
datacorrect BrightMLS
d
Seller's Agent in 2022
datacorrect BrightMLS
Non Subscribing Office
-
Carrie Lingo
Buyer's Agent in 2022
Carrie Lingo
Jack Lingo - Lewes
(302) 500-0825
13 in this area
946 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2044360
APN: 1341700119000
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