NOT LISTED FOR SALE

5 Wedgefield Blvd Ocean View, DE 19970

Estimated Value: $521,898 - $614,000

4 Beds
3.5 Baths
2,800 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $619,000 $221 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,245/month

52 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Pond View
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of May 2023

Just in time for the beautiful spring season, this spacious 4 bedroom, 3.5 bath home (with 2 en-suite rooms, one up and one down) is ready for a new owner. Used as a successful rental in 2022, this home comes mostly furnished (see exclusion list) with a sunny morning room overlooking the pond, a stocked kitchen, propane fireplace for cooler evenings, compact pool table in loft, and plenty of extra gathering room for family and guests. Outside, enjoy the grill and meals at the 8 plus person tile table overlooking the gorgeous pond view. Located across the street from the popular golf course Bear Trap, the Wedgefield neighborhood has its own pool and tot lot with low HOA fees. You will find many amenities down the road such as grocery stores, restaurants, markets, boutiques, nature trails, kayaking access, mini-golf and more. You are in the heart of town while also being around just 3 miles to Bethany Beach boardwalk and short drives to other resort beach destinations. Get ready for a wonderful summer in your new home!

Last Agent to Sell the Property

Christine McCoy

(302) 339-5368 christine@therealmccoygroup.com Coldwell Banker Realty License #RA0031081 Listed on: 02/04/2023

Coldwell Banker Realty

Last Buyer's Agent

Kimberly Dyer

(732) 921-3010 kimberly.dyer@msir.net Monument Sotheby's International Realty License #0036977

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,645

Year Built

  • Built in 2003

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 81.00 x 115.00
  • 50 Feet of Waterfront
  • Landscaped
  • Property is zoned G&R

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Loft
  • Pond Views
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property is near a pond
  • Pond
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 134-16.00-1522.00

Community Details

Overview

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

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,645

Year Built

Built in 2003

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Family room furniture and decor Bethany Beach sign and coral sideboard in kitchen Stand alone lighthouse lamp in sunroom Washer/ dryer and TV's may be alternate units
  • Historic: No
  • Inclusions: Partially furnished.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-02-04
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Whirlpool/Hottub, Window Treatments, Chair Railings, Crown Moldings
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Room List: Loft
  • Basement: No
  • Laundry Type: Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 223.18
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved 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
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 750.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Snow Removal, Trash
  • 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

Lot Info

  • Horses: No
  • Lot Features: Landscaping, Pond
  • Lot Size Acres: 0.21
  • Lot Dimensions: 81.00 x 115.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9148.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2022
  • Zoning: G&R
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1317.00
  • Tax Annual Amount: 2645.00
  • Assessor Parcel Number: 134-16.00-1522.00
  • Tax Lot: 50
  • Tax Total Finished Sq Ft: 1760
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/02/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
May 2, 2023
Sold by
Todd Michael J
Bought by
Grant Leslie Edwina
Seller's Agent
Christine McCoy
Coldwell Banker Realty
Buyer's Agent
Kimberly Dyer
Monument Sotheby's International Realty
List Price
$639,900
Sold Price
$619,000
Premium/Discount to List
-$20,900
-3.27%
Total Days on Market
52
Views
216
Current Estimated Value
$582,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,025
Avg. Annual Appreciation
-2.45%
Original Mortgage
$369,000
Outstanding Balance
$358,796
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$224,179

Purchase Details

Listed on
Jun 19, 2021
Closed on
Sep 8, 2021
Sold by
Hart Joy B
Bought by
Todd Michael J and Tood Lisa A
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Christine McCoy
Coldwell Banker Realty
List Price
$499,000
Sold Price
$486,000
Premium/Discount to List
-$13,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.79%
Original Mortgage
$186,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Oct 19, 2017
Closed on
Jan 24, 2018
Sold by
Phillips Willa I
Bought by
Hart Joy B
Seller's Agent
Allison Stine
Northrop Realty
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$259,900
Sold Price
$355,000
Premium/Discount to List
$95,100
36.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$283,645
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Listed on
Oct 19, 2017
Closed on
Jan 22, 2018
Sold by
Phillips Willa I
Bought by
Hart Joy B
Seller's Agent
Allison Stine
Northrop Realty
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$259,900
Sold Price
$355,000
Premium/Discount to List
$95,100
36.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,645
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Dec 15, 2011
Sold by
Ione D Ione D and Phillips Willa Ione D
Bought by
Phillips Willa Ione D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
4.2%

Purchase Details

Closed on
Sep 21, 2011
Sold by
Ione D Ione D and Phillips Willa Ione D
Bought by
Phillips Willa Ione D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
4.2%
Source: Public Records

Range of Values:

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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
Grant Leslie Edwina $619,000 None Listed On Document
Todd Michael J $486,000 None Available
Hart Joy B $355,000 --
Hart Joy B $355,000 --
Phillips Willa Ione D -- --
Phillips Willa Ione D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Leslie Edwina $369,000
Previous Owner Todd Michael J $186,000
Previous Owner Hart Joy B $283,645
Previous Owner Hart Joy B $283,645
Previous Owner Phillips Willa Ione D $122,000
Previous Owner Phillips Willa Ione D $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $619,000 -0.9% $221 / Sq Ft
03/07/2023 03/07/23 Price Changed $624,900 -2.3% $223 / Sq Ft
02/04/2023 02/04/23 For Sale $639,900 +31.7% $229 / Sq Ft
09/08/2021 09/08/21 Sold $486,000 -2.6% $171 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $499,000 0.0% $176 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $499,000 +40.6% $176 / Sq Ft
01/22/2018 01/22/18 Sold $355,000 +36.6% $125 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $259,900 -- $91 / 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 $1,093 $36,400 $6,450 $29,950
2024 $1,521 $36,400 $6,450 $29,950
2023 $1,519 $36,400 $6,450 $29,950
2022 $1,480 $36,400 $6,450 $29,950
2021 $1,448 $36,400 $6,450 $29,950
2020 $1,382 $36,400 $6,450 $29,950
2019 $1,446 $36,400 $6,450 $29,950
2018 $1,459 $36,400 $0 $0
2017 $1,070 $36,400 $0 $0
2016 $830 $36,400 $0 $0
2015 $848 $36,400 $0 $0
2014 $1,324 $36,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2035368

Bright MLS

APN: 134-16.00-1522.00