NOT LISTED FOR SALE

8 Wedgefield Blvd Ocean View, DE 19970

Estimated Value: $396,079 - $550,000

4 Beds
2.5 Baths
2,540 Sq Ft
$199/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $300,000 $118 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,821/month

Highlights

  • Private Pool
  • Lake View
  • Contemporary Architecture
  • Lord Baltimore Elementary School Rated A-
  • Waterfront
  • Vaulted Ceiling

About This Home

As of March 2017

If you are looking to relax and entertain at the beach, then you've found the one. Step inside and be greeted by dramatic cathedral ceilings, hardwood foyer, spacious living area with gas fireplace, built-in shelves, and picture windows for abundant natural light, an open kitchen with enough space to cater to any chef, including breakfast bar, island, and eat-in area overlooking the pond, and a formal dining room just off the kitchen for easy entertaining. You'll love the first floor master suite with pond views, walk-in closet, and spa-style bath with soaking tub, walk-in shower, and double vanity. The first floor den makes for the perfect 5th bedroom or home office. Travel upstairs and enjoy the loft area overlooking the living room, 3 spacious guest bedrooms, and full guest bath. Relax on the screened porch and enjoy the summer, and easily walk to the community pool. Located just 3.5 miles to the beach and boardwalk, and just across the street from Bear Trap Dune's golf course.

Last Agent to Sell the Property

Rhonda Frick

(302) 236-1456 rhonda@rhondafrick.com Long & Foster Real Estate, Inc. Listed on: 02/17/2017

Long & Foster Real Estate, Inc.

Co-Listed By

Bethany Frick

(302) 519-7476 bethany@rhondafrick.com Long & Foster Real Estate, Inc. License #RS-0022444

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,806

Year Built

  • Built in 2004

Lot Details

  • 8,276 Sq Ft Lot
  • Waterfront
  • Cleared Lot
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $58 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,540 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Open Floorplan
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Electric Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Private Pool
  • Water Access
  • Property is near a pond
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-16.00-1488.00

Community Details

Overview

  • Wedgefield Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,806

Year Built

Built in 2004

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 2004
  • Remarks Public: If you are looking to relax and entertain at the beach, then you've found the one. Step inside and be greeted by dramatic cathedral ceilings, hardwood foyer, spacious living area with gas fireplace, built-in shelves, and picture windows for abundant natural light, an open kitchen with enough space to cater to any chef, including breakfast bar, island, and eat-in area overlooking the pond, and a formal dining room just off the kitchen for easy entertaining. You'll love the first floor master suite with pond views, walk-in closet, and spa-style bath with soaking tub, walk-in shower, and double vanity. The first floor den makes for the perfect 5th bedroom or home office. Travel upstairs and enjoy the loft area overlooking the living room, 3 spacious guest bedrooms, and full guest bath. Relax on the screened porch and enjoy the summer, and easily walk to the community pool. Located just 3.5 miles to the beach and boardwalk, and just across the street from Bear Trap Dune's golf course.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 2540
  • Living Area Sq Ft: 2540
  • Net Sq Ft: 2540.00
  • Price Per Sq Ft: 120.04
  • Above Grade Finished Sq Ft: 2540
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 541.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 700.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tot Lots/Playground, Pool - Outdoor, Swimming Pool
  • HOA: Yes
  • Association Recreation Fee: Yes

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.19
  • Lot Size Units: Acres
  • Lot Sq Ft: 8276.00
  • Outdoor Living Structures: Porch(es), Screened
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5111085
  • Tax Annual Amount: 1806.00
  • Assessor Parcel Number: 134-16.00-1488.00
  • County Tax Payment Frequency: Annually
  • Close Date: 03/31/2017

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2017
Closed on
Mar 31, 2017
Sold by
Garlichs Andrew J and Garlichs Eileen M
Bought by
Lanciano Frank P and Noyes Karen L
Seller's Agent
Rhonda Frick
Long & Foster Real Estate, Inc.
List Price
$304,900
Sold Price
$300,000
Premium/Discount to List
-$4,900
-1.61%
Current Estimated Value
$504,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,520
Avg. Annual Appreciation
6.31%
Original Mortgage
$236,000
Outstanding Balance
$195,793
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$308,727
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
Lanciano Frank P $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanciano Frank P $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $300,000 -1.6% $118 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $304,900 -- $120 / 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 $1,056 $35,450 $6,300 $29,150
2024 $1,506 $35,450 $6,300 $29,150
2023 $1,504 $35,450 $6,300 $29,150
2022 $1,466 $35,450 $6,300 $29,150
2021 $1,422 $35,450 $6,300 $29,150
2020 $1,358 $35,450 $6,300 $29,150
2019 $1,417 $35,450 $6,300 $29,150
2018 $1,430 $35,450 $0 $0
2017 $1,441 $35,450 $0 $0
2016 $1,256 $35,450 $0 $0
2015 $1,293 $35,450 $0 $0
2014 $1,275 $35,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001398548

Bright MLS

APN: 134-16.00-1488.00