NOT LISTED FOR SALE

7421 Bay Rd Frederica, DE 19946

Estimated Value: $323,000 - $359,000

2 Beds
1.5 Baths
1,600 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $339,900 $212 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,925/month

5 Days on Market

Highlights

  • Coastal Architecture
  • No HOA
  • Country Kitchen
  • 1 Fireplace
  • 2 Car Detached Garage
  • Storm Windows

About This Home

As of August 2024

Welcome to your Frederica retreat at Ocean Drive Manor! This charming two-story home offers the perfect blend of comfort and style. As you step inside, you're greeted by an inviting ambiance accentuated by the warmth of wood floors that adorn the main level. The spacious kitchen, boasting elegant granite counters, stainless steel appliances, and an abundance of cabinets, is a chef's delight. Its ceramic tile floor adds a touch of sophistication while ensuring easy maintenance. This delightful residence features two cozy bedrooms, ideal for relaxation and rejuvenation. The lower level is carpeted, providing a cozy atmosphere for leisurely evenings. With three distinct living spaces—a welcoming living room, a versatile loft, and a lower level rec room—there's ample space for entertaining guests or simply unwinding with loved ones. Step outside into your private oasis—a large fenced yard enveloped by thoughtfully designed landscaping. Enjoy the tranquility of the outdoors on the hardscaped patio, perfect for al fresco dining or basking in the breeze. The property also boasts a two-car garage and parking for six cars, ensuring convenience for residents and guests alike. For those with creative pursuits or DIY projects, a separate workshop/artist studio awaits, complete with a covered patio for inspiration. And with the property bordering farmland, you'll relish in the peaceful ambiance and scenic views that surround you. Experience rural living at its finest in this meticulously maintained home, where comfort, convenience, and charm converge seamlessly.

Last Agent to Sell the Property

Dustin Oldfather

Compass License #RS-0017091 Listed on: 05/31/2024

Compass

Co-Listed By

MARIYA OLDFATHER GROUP

Compass

Last Buyer's Agent

Karen Waters

RE/MAX Horizons

RE/MAX Horizons

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $869

Year Built

  • Built in 1973

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 112.00 x 164.10
  • Property is zoned AR

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry

Home Design

  • Coastal Architecture
  • Block Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Window Screens
  • Carpet
  • Storm Windows

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 60 Gallon+ Water Heater
  • Well
  • Gravity Septic Field

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1600-000
  • Assessor Parcel Number SM-00-12215-01-1600-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$869

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level, Coastal
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-05-31
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your Frederica retreat at Ocean Drive Manor! This charming two-story home offers the perfect blend of comfort and style. As you step inside, you're greeted by an inviting ambiance accentuated by the warmth of wood floors that adorn the main level. The spacious kitchen, boasting elegant granite counters, stainless steel appliances, and an abundance of cabinets, is a chef's delight. Its ceramic tile floor adds a touch of sophistication while ensuring easy maintenance. This delightful residence features two cozy bedrooms, ideal for relaxation and rejuvenation. The lower level is carpeted, providing a cozy atmosphere for leisurely evenings. With three distinct living spaces—a welcoming living room, a versatile loft, and a lower level rec room—there's ample space for entertaining guests or simply unwinding with loved ones. Step outside into your private oasis—a large fenced yard enveloped by thoughtfully designed landscaping. Enjoy the tranquility of the outdoors on the hardscaped patio, perfect for al fresco dining or basking in the breeze. The property also boasts a two-car garage and parking for six cars, ensuring convenience for residents and guests alike. For those with creative pursuits or DIY projects, a separate workshop/artist studio awaits, complete with a covered patio for inspiration. And with the property bordering farmland, you'll relish in the peaceful ambiance and scenic views that surround you. Experience rural living at its finest in this meticulously maintained home, where comfort, convenience, and charm converge seamlessly.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Range - Electric, Microwave, Washer, Dryer, Water Heater
  • Interior Amenities: Ceiling Fan(s), Carpet, Kitchen - Country
  • Window Features: Screens, Storm
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 212.50
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7421

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: LAKE FOREST
  • School District Key: 300200396886
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.45
  • Lot Dimensions: 112.00 x 164.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19770.00
  • Year Assessed: 2023
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 732.00
  • Tax Annual Amount: 869.00
  • Assessor Parcel Number: SM-00-12215-01-1600-000
  • Tax Lot: 1600-000
  • Tax Total Finished Sq Ft: 1968
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/09/2024

MLS Schools

  • School District Name: LAKE FOREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jul 2, 2024
Sold by
Davis Jeffrey M and Davis Carla D
Bought by
Lovett David Lamont
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Karen Waters
RE/MAX Horizons
List Price
$339,999
Sold Price
$339,900
Premium/Discount to List
-$99
-0.03%
Views
7
Current Estimated Value
$341,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,955
Avg. Annual Appreciation
0.56%
Original Mortgage
$10,000
Outstanding Balance
$9,905
Interest Rate
6.86%
Estimated Equity
$331,950
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
Lovett David Lamont $339,900 None Listed On Document
Lovett David Lamont $339,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovett David Lamont $10,000
Previous Owner Lovett David Lamont $329,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $339,900 0.0% $212 / Sq Ft
05/31/2024 05/31/24 For Sale $339,999 -- $212 / 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 $748 $327,300 $95,900 $231,400
2023 $631 $41,400 $7,300 $34,100
2022 $567 $41,400 $7,300 $34,100
2021 $543 $41,400 $7,300 $34,100
2020 $561 $41,400 $7,300 $34,100
2019 $561 $41,400 $7,300 $34,100
2018 $556 $41,400 $7,300 $34,100
2017 $573 $41,400 $0 $0
2016 $535 $41,400 $0 $0
2015 $527 $41,400 $0 $0
2014 $520 $41,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2028494

Bright MLS

APN: 8-00-12215-01-1600-000