37434 PETTINARO DRIVE, Ocean View, De 19970 | $289,000

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Property Details

Coastal living at its finest, this furnished 4 bedroom, 4 bath condo is perfect for the buyer who wants to spend more time on activities and relaxation and less time on home maintenance. With direct bay views from the back and pond and golf course v
  • MLS Number: 730521
  • Status: Active
  • Price: $289,000
  • Property Type:
  • Area: Baltimore Hundred
  • Community: Bethany Bay
  • School District: Indian River
  • Square Footage: 1,900
  • Year Built: 2003
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Number of Stories: 2
  • Unit Floor Number: 3
  • New Construction: No
  • County Taxes: $875
  • Association Fee: $1,674
  • Condo Fee: $6,121
  • Water View: Bay
  • Furnished: Yes
  • Lot Size Acres: 0.00
  • Water: Private Central Water
  • Sewer: Public Central Sewer
  • Community Amenities: Basketball Courts, Boat Ramp, Community Center, Fitness Center, Golf Club, Golf Course, Jog/Walk Path, Lawn Care, Playground, Pool-Inground, Pool-Outdoor, Tennis - Outdoor, Water/Lake Privilege

Interior Features

  • Kitchen: Breakfast Bar, Countertops - Granite, Eat In
  • Fireplace: Electric
  • Heating: Heat Pump(s)
  • Cooling: Central A/C
  • Flooring: Carpet, Tile
  • Appliances: Cable TV Pre Wired, Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range Electric, Refrigerator, Washer/Dryer Stack, Water Heater Electric
  • Interior Features: Cable TV Prewired, Ceiling Fan(s), MBED-Full Bath, Screen(s), Two Master Bedrooms, Vaulted Ceilings, Window Treatments

Exterior Features

  • Style: Coastal,Split Level
  • Construction Type: Stick/Frame
  • Exterior Type: Vinyl Siding
  • Roofing: Architectural Shingle
  • Foundation: Concrete Slab
  • Garage: Detached
  • Garage Size: 1
  • Parking: Assigned, Garage
  • Porch/Deck/Patio: Deck - Front, Porch - Screened

Listing Courtesy of LONG AND FOSTER-BETHANY

Ocean View Rental Property Success Boosted by 4 Skills


Become a landlord!
Be your own boss!
Build equity that someone else pays for!
These may sound like the kind of come-ons that you tune out when you hear them on the radio or TV, but, surprisingly, they’re actually more reality-based than not. Whether you're buying a Ocean View property for its rental potential, or preparing to turn a currently-owned property into an income-producer, the game plan is straightforward. Locate a suitable Ocean View property: one with the rental potential to create cash flow either as income, or to build real estate equity…or both!
So what’s the catch?
In fact, there is one. Becoming a successful landlord has more to it than spotting an appropriate Ocean View property and sitting back, waiting for someone to nail up an ‘Easy Street’ sign. In order to make the most of the opportunity an Ocean View rental property represents, you need to either already have, or develop, a requisite set of skills. Chief among them:
1. The relationship between landlord and tenant, and landlord and the tradespeople he hires, should be purposefully professional. Your tenants may also be fellow Ocean View residents (or even neighbors), yet skillfully establishing and maintaining an amiable yet businesslike relationship takes dexterity and finesse. Substituting an overly personal relationship instead of the more proper businesslike one can result in counterproductive consequences…like tardy rent payments or superfluous demands.
2. As much as any other business, successful landlords are usually ‘people people’: they don’t shy away from interactions on a face-to-face basis. Whether it’s dealing with renters’ concerns, interviewing potential tenants, or handling the personnel who help maintain a Ocean View property, great landlords have great leadership skills. They have the knack of bringing positive energy to everyday dealings. Good landlords exhibit authority without being overbearing, and they allow their tenants to feel the right degree of investment in what is their home, if only temporarily.
3. It may seem as if turning a property into an income-producer is an extremely simple task, but in fact it takes organizational skills to accomplish it efficiently. There are laws that have to be observed, and documentation to be maintained. People who cultivate clarity in such matters are nicely suited to the demands of running a rental property.
4. There are unavoidable time availability demands that mustn’t be ignored. A tenant with a maintenance emergency needs to have it addressed. Now. It’s one thing that even the most people-oriented, organizationally proficient business titan should be prepared to attend to without delay.
But suppose you lack some (or even all) of these traits? Should you just walk away from a Ocean View property—even after you’ve spotted one you know has great potential? Actually, there is a Plan B, which is to hire a property manager—a professional practiced in all the requisite skills. To explore the current crop of Ocean View property listings with serious potential, just give me a call! Call/Text me Russell Stucki at (302) 228-7871, email me at russellstucki@remax.net, visit more listings at www.beachrealestate.com.

Delaware Listing Activity Gets a Weekend Dose of Good News

Real estate offices have been gearing up for the imminent spring selling season, the time when Delaware listings swell to meet the expected surge in buying activity. I sometimes put quotes around ‘selling season’ because so many factors go into home sales that it can be slightly misleading—we do sell homes all year long, after all!

But there is a lot of truth (and historical verification) to the idea that springtime brings a burst of new Delaware listings and accompanying selling activity. There can be lots of reasons why that happens, area homeowners who were reading The Wall Street Journal might have seen some extra reasons to hurry up and add their homes to the Delaware listings.

Some of those reasons have to do with weather; some with the economy.

The front page of WSJ’s Weekend Edition headlined the first piece of long-awaited good news: “Job Rebound Eases Fears of Spring Stall.” It explained payroll numbers showed upticks despite the widespread harsh weather that should have knocked them down.

Most economists had been on the fence about whether the years-long weak economic recovery would continue. Even though the previous two months of slowing growth had been attributed to the ‘endless winter’ blanketing much of the nation, it wasn’t clear that underlying weakness wasn’t also present. But the sudden improvement in the job picture, even as the weather failed to lighten up, was an unexpected event—one that could “ease worries” about the likelihood of a fundamental slowdown. In fact, forecasters were beginning to project that the negative economic effects due to the unusual weather (estimated at a loss of 1%) may be more than restored when the sun returns. Spring conditions are now expected to add an additional 1.2% to second quarter growth.

Even a slight rise in the unemployment rate was greeted as hopeful news. What sounded like a negative turns out to be the opposite: more people were returning to the workforce, a sure sign that workers see jobs beginning to reappear. Jobs have always been tied to real estate listing and sales activity, so this year, the NAR’s website truism may be on the mark:

“Spring brings rain and flowers – and possibly extra green in the final sales price of your home.”

Call/text 302-228-7871 or email me, Russell Stucki, REALTOR ® of Beach Real Estate Market to provide detailed information on Delaware homes for sale, investment and commercial properties, luxury and  waterfront homes, condos/townhomes, new construction, lots and land, farms and equestrian properties located in but not limited to Bethany, Bethel, Bridgeville, Dagsboro, Delmar, Ellendale, Fenwick Island, Frankford, Georgetown, Greenwood, Harbeson, Laurel, Lewes, Lincoln, Milford, Millsboro, Millville, Milton, Ocean View, Rehoboth Beach, Seaford, Selbyville, Delaware.