NOT LISTED FOR SALE

12 Elliott Ave Ocean View, DE 19970

Estimated Value: $474,000 - $895,000

0.49 Acre
$1,360,659 Price per Acre
21,344 Sq Ft Lot

Last Sold November 13, 2020

Last sale price $175,000

Est. 281% increase in value since last sale

Current estimated payment $3,586/month

24 Days on Market

About This Lot

As of November 2020

Large lot located within walking distance to Ocean View Marina ! Located within sought after private community with minimal Hoa fees! This oversized lot has lots of potential and prepaid sewer hook up fees was paid in advance by the sellers, to the County. $100 annual association dues, top-quality homes within this community, nearby shopping, restaurants, beaches, golf, tennis and much more. Build your dream home, buy this lot today, before it is sold.

Last Agent to Sell the Property

William Bjorkland

(302) 539-1777 william.bjorkland@cbmove.com Coldwell Banker Realty License #RS-0023035 Listed on: 07/23/2020

Coldwell Banker Realty

Last Buyer's Agent

Chris Jett

(410) 723-3600 blawrence.rma@gmail.com RE/MAX Advantage Realty License #RS-0019287

RE/MAX Advantage Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $912

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 108.00 x 200.00
  • Property is zoned TN

HOA Fees

  • $8 Monthly HOA Fees

Location

  • Flood Risk

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 134-12.00-2040.00

Property Details

Property Type

Land

Est. Annual Taxes

$912

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 8.19

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.49
  • Lot Dimensions: 108.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21344.00
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • School Tax: 99.00
  • Tax Annual Amount: 912.00
  • Assessor Parcel Number: 134-12.00-2040.00
  • Tax Lot: 17
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Nov 6, 2020
Sold by
Balthaser Daniel L and Balthaser Kimberly A
Bought by
Williams Michael J and Williams Rebecca A
Seller's Agent
William Bjorkland
Coldwell Banker Realty
Buyer's Agent
Chris Jett
RE/MAX Advantage Realty
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$666,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,723
Avg. Annual Appreciation
29.33%
Original Mortgage
$525,000
Outstanding Balance
$469,926
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$196,797
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
Williams Michael J $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Michael J $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $175,000 +0.1% --
08/16/2020 08/16/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $174,900 -- --
Source: Bright MLS

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 $1,361 $3,000 $3,000 $0
2024 $2,232 $3,000 $3,000 $0
2023 $2,230 $3,000 $3,000 $0
2022 $2,170 $3,000 $3,000 $0
2021 $118 $3,000 $3,000 $0
2020 $113 $3,000 $3,000 $0
2019 $511 $3,000 $3,000 $0
2018 $512 $3,000 $0 $0
2017 $513 $3,000 $0 $0
2016 $499 $3,000 $0 $0
2015 $502 $3,000 $0 $0
2014 $501 $3,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU165286

Bright MLS

APN: 134-12.00-2040.00