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Key Details
Sold Price $275,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $76
Subdivision Baywood
MLS Listing ID 1001012646
Sold Date 05/10/16
Style Colonial
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Fees $1/ann
HOA Y/N Y
Abv Grd Liv Area 3,600
Originating Board SCAOR
Year Built 2004
Property Description
This 3,600 square foot home is Baywood's largest model. It features an upper Master Bedroom suite with full bath and sitting area along with a second Master Bedroom downstairs with full bath. The home has every upgrade imaginable with a fabulous location overlooking a pond and the golf course. You can cast from your backyard to the pond and catch 3-6 pound bass or hop on your golf cart and take the family for a round of golf. Enjoy all of Baywood's fantastic amenities and services valued on average at an estimated $5,000 per family per year -- items that you pay for separately in other communities. This home would sell for over $500K in other communities where you need to purchase the land. By paying the ground rent fee, that money that you would have needed to spend in buying the land, remains in your portfolio generating an investment return. Please refer to the miscellaneous attachment for a description of the ground rent model and why Baywood is such a great value.
Location
State DE
County Sussex
Area Indian River Hundred (31008)
Rooms
Other Rooms Dining Room, Primary Bedroom, Kitchen, Family Room, Laundry, Loft, Mud Room, Additional Bedroom
Interior
Interior Features Attic, Breakfast Area, Kitchen - Eat-In, Pantry, Ceiling Fan(s), WhirlPool/HotTub, Window Treatments
Hot Water Electric
Heating Propane, Heat Pump(s), Zoned
Cooling Central A/C, Heat Pump(s), Zoned
Flooring Carpet, Hardwood, Tile/Brick
Fireplaces Number 1
Fireplaces Type Gas/Propane
Equipment Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
Furnishings No
Fireplace Y
Window Features Screens
Appliance Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
Heat Source Bottled Gas/Propane
Exterior
Exterior Feature Balcony, Deck(s), Porch(es), Screened
Parking Features Garage Door Opener
Fence Partially
Amenities Available Beach, Boat Ramp, Boat Dock/Slip, Cable, Community Center, Fitness Center, Golf Course, Jog/Walk Path, Marina/Marina Club, Pier/Dock, Tot Lots/Playground, Pool - Outdoor, Swimming Pool, Putting Green, Security, Tennis Courts, Water/Lake Privileges
Water Access Y
View Lake, Pond
Roof Type Architectural Shingle
Porch Balcony, Deck(s), Porch(es), Screened
Garage Y
Building
Lot Description Landscaping, Partly Wooded
Story 2
Foundation Block, Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 2
Additional Building Above Grade
New Construction N
Schools
School District Indian River
Others
Tax ID 234-23.00-273.00-3306
Ownership Leasehold
SqFt Source Estimated
Security Features Surveillance Sys
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Peter Walling • Berkshire Hathaway HomeServices PenFed Realty
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