NOT LISTED FOR SALE

56 October Glory Ave Unit H Ocean View, DE 19970

Estimated Value: $401,302 - $508,000

3 Beds
2 Baths
1,600 Sq Ft
$564/mo HOA Fee

Last Sold June 03, 2022

Last sale price $422,500 $264 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,007/month

Highlights

  • Fitness Center
  • Penthouse
  • Pond View
  • Lord Baltimore Elementary School Rated A-
  • Water Oriented
  • Open Floorplan

About This Home

As of June 2022

Finally..... Just what you have been waiting for with this waterfront second floor villa. Vaulted ceilings with great room including gas fireplace, wall of windows, open to dining area. Panoramic water views with fountain from screen porch and deck. Spectacular sunsets! Owners ensuite with Ceramic Tile bath and wainscoting. Second bedroom with full hall bath also with wainscoting and Ceramic Tile. Oversized Bright and light with floor to ceiling windows in kitchen host to eat-in dining area stainless appliances, Ceramic flooring, maple cabinets and plantation shutters. Loft/3rd bedroom is ideal for the guests... This home is beautifully furnished and ready for immediate enjoyment for either personal use or rental investment. Large open park in the front of this home just steps to the beach shuttle. Close to all of the Bear Trap amenities including indoor/outdoor pools, fitness, clubhouse, basketball, volleyball, playground, saunas, whirlpools and access to 27 holes of championship dunes style golf course (golf membership separate). Sought after community just 2.5 miles from award winning beaches of Bethany. This floorpan has proven rental history.

Last Agent to Sell the Property

Colleen Windrow

(443) 497-4917 colleen@thewindrowgroup.com Keller Williams Realty License #RS-0024171 Listed on: 04/21/2022

Keller Williams Realty

Last Buyer's Agent

Colleen Windrow

(443) 497-4917 colleen@thewindrowgroup.com Keller Williams Realty License #RS-0024171 Listed on: 04/21/2022

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,857

Year Built

  • Built in 2001

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Colonial Architecture
  • Coastal Architecture
  • Entry on the 2nd floor
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Chair Railings
  • Wainscoting
  • Ceiling Fan
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Combination Dining and Living Room
  • Pond Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Pond
  • Deck
  • Screened Patio

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-16.00-1430.00-56H

Community Details

Overview

  • $1,400 Capital Contribution Fee
  • Association fees include all ground fee, cable TV, common area maintenance, health club, high speed internet, insurance, lawn maintenance, management, pool(s), recreation facility, reserve funds, sauna, trash
  • Legum And Norman HOA
  • Low-Rise Condominium
  • Bear Trap Subdivision

Amenities

  • Common Area
  • Sauna
  • Clubhouse
  • Community Center

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,857

Year Built

Built in 2001

Lot Details

0

HOA Fees

$564 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Colonial
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Inclusions: Furnished.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: Finally..... Just what you have been waiting for with this waterfront second floor villa. Vaulted ceilings with great room including gas fireplace, wall of windows, open to dining area. Panoramic water views with fountain from screen porch and deck. Spectacular sunsets! Owners ensuite with Ceramic Tile bath and wainscoting. Second bedroom with full hall bath also with wainscoting and Ceramic Tile. Oversized Bright and light with floor to ceiling windows in kitchen host to eat-in dining area stainless appliances, Ceramic flooring, maple cabinets and plantation shutters. Loft/3rd bedroom is ideal for the guests... This home is beautifully furnished and ready for immediate enjoyment for either personal use or rental investment. Large open park in the front of this home just steps to the beach shuttle. Close to all of the Bear Trap amenities including indoor/outdoor pools, fitness, clubhouse, basketball, volleyball, playground, saunas, whirlpools and access to 27 holes of championship dunes style golf course (golf membership separate). Sought after community just 2.5 miles from award winning beaches of Bethany. This floorpan has proven rental history.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dishwasher, Dryer, Microwave, Oven - Single, Oven/Range - Electric, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Chair Railings, Combination Dining/Living, Floor Plan - Open, Kitchen - Eat-In, Wainscotting, Walk-In Closet(s)
  • Window Features: Energy Efficient, Energy Star Qualified
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 260.62
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 56

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Pond
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 231.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 333.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Golf Course Membership Available, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Sauna, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Cable Tv, Common Area Maintenance, Health Club, High Speed Internet, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Sauna, Trash
  • HOA Name: LEGUM AND NORMAN
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1400.00

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: RC
  • Lot Features: Pond
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Screened, Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5110997
  • School Tax: 1082.00
  • Tax Annual Amount: 1857.00
  • Assessor Parcel Number: 134-16.00-1430.00-56H
  • Tax Total Finished Sq Ft: 1510
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/03/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 3, 2022
Sold by
Teneyck Gregory A
Bought by
Young Melissa C and Young Benjamin P
Seller's Agent
Colleen Windrow
Keller Williams Realty
Buyer's Agent
Colleen Windrow
Keller Williams Realty
List Price
$417,000
Sold Price
$422,500
Premium/Discount to List
$5,500
1.32%
Current Estimated Value
$447,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,826
Avg. Annual Appreciation
1.73%
Original Mortgage
$338,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2001
Bought by
Hendrix Janice E
Source: Public Records

Range of Values:

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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
Young Melissa C $422,500 Ridgway Law Group Llc
Hendrix Janice E $203,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Melissa C $338,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $422,500 +1.3% $264 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $417,000 -- $261 / 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 $850 $30,950 $0 $30,950
2024 $1,347 $30,950 $0 $30,950
2023 $1,346 $30,950 $0 $30,950
2022 $1,324 $30,950 $0 $30,950
2021 $1,285 $30,950 $0 $30,950
2020 $1,226 $30,950 $0 $30,950
2019 $1,220 $30,950 $0 $30,950
2018 $1,232 $32,550 $0 $0
2017 $1,242 $32,550 $0 $0
2016 $1,095 $32,550 $0 $0
2015 $1,129 $32,550 $0 $0
2014 $1,112 $32,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2020480

Bright MLS

APN: 134-16.00-1430.00-56H