38327 Old Mill Way, Ocean View, De 19970 | $349,900

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Property Details

Beautiful like new townhome featuring a spacious floorplan with an open great room, impressive dining room with cathedral ceiling, and an additional living area. This beach retreat is offered with gorgeous furnishings and sophisticated décor. Enjoy
  • MLS Number: 730558
  • Status: Active
  • Price: $349,900
  • Property Type:
  • Area: Fenwick/Bethany East Of Canal
  • Community: Bayside At Bethany Lakes
  • School District: Indian River
  • Square Footage: 2,500
  • Year Built: 2004
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Stories: 2
  • Unit Floor Number: 1
  • New Construction: No
  • County Taxes: $1,219
  • Condo Fee: $5,364
  • Sewer Fee: $268
  • Furnished: Yes
  • Lot Size Acres: 0.00
  • Water: Public Central Water
  • Sewer: Public Central Available
  • Community Amenities: Boat Slips, Community Center, Fitness Center, Game Room, Hot Tub, Lawn Care, Pier/Dock, Pool-Indoor, Pool-Outdoor, Rec Center, Sidewalks, Tennis - Outdoor, Water/Lake Privilege

Interior Features

  • Kitchen: Countertops - Solid Surface, Kitchen/Family Room Combo
  • Fireplace: Gas
  • Heating: Forced Air, Gas - Propane
  • Cooling: Central A/C
  • Flooring: Carpet, Hardwood, Tile
  • Attic: Access Only
  • Appliances: Dishwasher, Disposal, Dryer-Electric, Fridge w/Ice Maker, Oven/Range Gas, Washer
  • Interior Features: Cable TV Prewired, Ceiling Fan(s), Fireplace-Gas, Insulated Door(s), Insulated Window(s), MBED-Separate Shower and Tub, Screen(s), Tub-Soaking/Whirlpool, Vaulted Ceilings, Window Treatments

Exterior Features

  • Style: Contemporary
  • Construction Type: Stick/Frame
  • Exterior Type: Vinyl Siding
  • Roofing: Asbestos Shingle
  • Foundation: Concrete Slab
  • Garage: Attached
  • Garage Size: 2
  • Parking: Garage
  • Porch/Deck/Patio: Patio - Rear

Listing Courtesy of LONG AND FOSTER-BETHANY

Ways to Disprove One Common Home Value Myth

Especially when it comes to major decisions like buying or selling your home, human nature seems to tilt toward delaying action until it’s the end result is absolutely certain. After all, nobody wants to make a life-changing move that turns out to be anything short of fantastic!

So even when you’ve outgrown your current home…or found yourself in a daily long-distance commute because work has moved…or any number of other reasons why you know you should be looking for a new house…it can be difficult to commit to such a looming decision. Adding to that is one of the most common assumptions many Ocean View homeowners believe: that they have to spend a boatload of money to increase their home value.

The truth is: it ain’t so! You can strategically update your Ocean View house before you put it on the market without cratering your bank account.

Items that only seem to require costly fixes:

· Make it Spacious

Adding space to a room increases any Ocean View home value. Tearing out walls isn’t necessary when there are so many other ways to achieve the same thing. Simple options include removing built-in shelves, enlarging windows, or (the simplest) just removing “stuff” that’s hogging perceived space.

· Go Green

More and more, you can improve your Ocean View home value by installing modest “green” upgrades. Today’s buyers may not necessarily be eco-focused—they may simply have a good sense of the increasing cost of water and power. “Going green” as a way to add  home value to your area property can be no more costly than switching to low-flow toilets, adding a wifi thermostat with “smart” technology, or putting in a low cost drip watering system.

· Window Update

Have a room that comes across as outdated…or just plain ‘blah’? Consider how much extra home value a new window treatment might add. It could be as simple as installing a stylish valence over a window or two.

· Change the Doors

Remember your first apartment with its flimsy, hollow doors? A quality door can make a disproportionate difference to a property’s perceived home value. Changing out your front or back doors for more a more weighty or modern selection can be well worth the expense. 

· Paint

Paint is the number one way to alter the look of a room inexpensively. Instead of painting the entire room one color, another option is to make a “statement wall” in its own neutral color that compliments a painting’s or picture frame’s palate.

These are just a few suggestions that can increase the value of your home in Ocean View without a straining the family finances. Even in an older home, many times it’s the little touches that can make the greatest difference.

Looking for specific suggestions to improve the value of your Ocean View home before listing it for sale? Call me today for an in-home market evaluation!

A Sussex County Bank-Owned Home Can Be a Serious Contender!

By virtue of their purchasing experience, homeowners have necessarily become familiar with the basics of real estate. A Bethany Beach homeowner may not consider her- or himself an expert in the matter, but history does allow them all to share a degree of confidence in real estate markets and the factors that are important when it’s time to make a buy or sell decision.

Real estate is real estate, after all — whether it’s here in Bethany Beachor anywhere else, right? Not exactly, commercial real estate is a horse of a different feather!

If you are thinking about buying commercially for the first time, understanding not only that there are differences from the residential market, but how those influence the other buyers and sellers (they make up the ‘market,’ after all) will be good preparation when the time arrives to put together a solid offer.

From a purely ease-of process perspective, buying a piece of commercial real estate in Bethany Beach is substantially more involved than buying a typical residential property. Though not always so, there are more opportunities for extra complications: lien and title issues, rules about hazardous materials, and zoning considerations are just some.

The language used in real estate documents for commercial properties can be complicated and obscure, so of course it’s especially useful to coordinate with an experienced Delaware commercial real estate agent.

Due to lending costs, a commercial property that is the same size as a residential one will usually be more expensive. You can still buy residential homes in the 3.5% range via an FHA loan, but banks are often (rightfully!) stringent about lending on commercial real estate purchases. Expect stricter qualifications and more money down. That’s due to the risk of doing business: the potential to make money with a commercial property is greater than with a residential property — but the risks associated with owning it are also higher. Needless to say, it’s valuable to keep those risks in mind when evaluating any commercial real estate purchase.

If you are business-minded and thinking about the advantages of owning instead of leasing, give me a call! I’ll be standing by to discuss some standout opportunities in this year’s market!