NOT LISTED FOR SALE

112 Willow Oak Ave Unit G Ocean View, DE 19970

Estimated Value: $319,000 - $448,000

2 Beds
2 Baths
1,530 Sq Ft
$579/mo HOA Fee

Last Sold November 20, 2020

Last sale price $272,000 $178 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,756/month

63 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Colonial Architecture
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of November 2020

First floor living at its best in this 2 bedroom 2 bath golf villa in sought after community of Bear Trap. Short walk to the pool, and beach shuttle this community has it all. Open floorplan with this galley kitchen of maple cabinets and Ceramic tile flooring. Eat in kitchen breakfast area filled with windows . Dining and living are open with gas fireplace and built in shelving. Oversized Screen porch and deck with views of the serene golf course. Pantry, hall closet and walk in large storage closet currently used as owners closets. Annual rental income averages $26K a year. Sold tastefully furnished and ready for immediate move in.. Proven rental investment or simply enjoy for personal use. First floor convenience with ramp and easy access. This home will not last long!

Last Agent to Sell the Property

Colleen Windrow

Keller Williams Realty License #RS-0024171 Listed on: 08/07/2020

Keller Williams Realty

Last Buyer's Agent

Jamie Caine

Coldwell Banker Realty License #52321

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,479

Year Built

  • Built in 2003

Lot Details

  • On Golf Course
  • Property is in very good condition

HOA Fees

Home Design

  • Colonial Architecture
  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,530 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Golf Course Views
  • Crawl Space
  • Washer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Lot

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-16.00-1341.00-112G

Community Details

Overview

  • $1,400 Capital Contribution Fee
  • Association fees include cable TV, health club, high speed internet, laundry, insurance, lawn maintenance, management, pool(s), recreation facility, reserve funds, sauna, trash
  • Legum And Norman HOA
  • Low-Rise Condominium
  • Bear Trap Subdivision

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,479

Year Built

Built in 2003

Lot Details

0

HOA Fees

$579 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Colonial
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: see Sellers exclusion list
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-08-08
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: First floor living at its best in this 2 bedroom 2 bath golf villa in sought after community of Bear Trap. Short walk to the pool, and beach shuttle this community has it all. Open floorplan with this galley kitchen of maple cabinets and Ceramic tile flooring. Eat in kitchen breakfast area filled with windows . Dining and living are open with gas fireplace and built in shelving. Oversized Screen porch and deck with views of the serene golf course. Pantry, hall closet and walk in large storage closet currently used as owners closets. Annual rental income averages $26K a year. Sold tastefully furnished and ready for immediate move in.. Proven rental investment or simply enjoy for personal use. First floor convenience with ramp and easy access. This home will not last long!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Pantry, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1530
  • Living Area Sq Ft: 1530
  • Price Per Sq Ft: 186.21
  • Above Grade Finished Sq Ft: 1530
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 112

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Fiber Cement
  • Roof: Architectural Shingle
  • View: Golf Course
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts, 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 225.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 354.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Exercise Room, Fitness Center, Golf Course Membership Available, Hot Tub, Pool - Outdoor, Pool - Indoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Cable Tv, Health Club, High Speed Internet, Laundry, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Sauna, Trash
  • HOA Name: LEGUM AND NORMAN
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1400.00

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5110829
  • School Tax: 823.00
  • Tax Annual Amount: 1479.00
  • Assessor Parcel Number: 134-16.00-1341.00-112G
  • Tax Total Finished Sq Ft: 1510
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 11/20/2020

MLS Schools

  • School District Name: INDIAN RIVER

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $272,000 -4.5% $178 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $284,900 -- $186 / 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 $1,103 $24,950 $0 $24,950
2023 $1,102 $24,950 $0 $24,950
2022 $1,082 $24,950 $0 $24,950
2021 $1,050 $24,950 $0 $24,950
2020 $1,002 $24,950 $0 $24,950
2019 $997 $24,950 $0 $24,950
2018 $1,006 $26,550 $0 $0
2017 $1,014 $26,550 $0 $0
2016 $894 $26,550 $0 $0
2015 $921 $26,550 $0 $0
2014 $906 $26,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU166264

Bright MLS

APN: 134-16.00-1341.00-112G