NOT LISTED FOR SALE

16 Central Ave Ocean View, DE 19970

Estimated Value: $144,000 - $294,000

0.4 Acre
$547,500 Price per Acre
17,424 Sq Ft Lot

Last Sold August 23, 2019

Last sale price $50,000

Est. 338% increase in value since last sale

Current estimated payment $1,170/month

7 Days on Market

About This Lot

As of August 2019

Great lot with access to water & sewer, short drive to shopping, restaurants, beach, golf etc. Will have a nice treed back yard.

Last Agent to Sell the Property

ROBERT KAUFFMAN

(302) 519-4071 rk129@aol.com Keller Williams Realty License #RA-0002041 Listed on: 06/19/2019

Keller Williams Realty

Last Buyer's Agent

ROBERT KAUFFMAN

(302) 519-4071 rk129@aol.com Keller Williams Realty License #RA-0002041 Listed on: 06/19/2019

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $333

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 70.00 x 246.00
  • House adjacent is for sale as well.

Schools

  • Lord Baltimore Elementary School
  • Selbeyville Middle School
  • Indian River High School

Utilities

  • Public Hookup Available For Water

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 134-12.00-572.00

Property Details

Property Type

Land

Est. Annual Taxes

$333

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 4.59

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Paved
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Water Sewer Hookup Fee: 8260.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public Hook-Up Available
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBEYVILLE

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: House adjacent is for sale as well.
  • Lot Size Acres: 0.40
  • Lot Dimensions: 70.00 x 246.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17219.00
  • Possible Use: Residential
  • Zoning: Q
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5105511
  • School Tax: 75.00
  • Tax Annual Amount: 333.00
  • Assessor Parcel Number: 134-12.00-572.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2019
Closed on
Aug 23, 2019
Sold by
Michaelson Carole A
Bought by
Maggio Nicholas and Maggio Iris
Seller's Agent
ROBERT KAUFFMAN
Keller Williams Realty
Buyer's Agent
ROBERT KAUFFMAN
Keller Williams Realty
List Price
$79,000
Sold Price
$50,000
Premium/Discount to List
-$29,000
-36.71%
Current Estimated Value
$219,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,000
Avg. Annual Appreciation
25.82%

Purchase Details

Closed on
May 2, 2016
Sold by
Michaelson Living Trust
Bought by
Wendy Memorial Trust

Purchase Details

Closed on
Oct 9, 2013
Sold by
Michaelson Carole A
Bought by
Michaelson Ernest C and Michaelson Carole A
Source: Public Records
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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
Maggio Nicholas $50,000 --
Wendy Memorial Trust -- None Available
Michaelson Ernest C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Sold $50,000 -36.7% --
06/26/2019 06/26/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $79,000 -- --
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
2025 $366 $2,250 $2,250 $0
2024 $93 $2,250 $2,250 $0
2023 $93 $2,250 $2,250 $0
2022 $91 $2,250 $2,250 $0
2021 $89 $2,250 $2,250 $0
2020 $85 $2,250 $2,250 $0
2019 $343 $2,250 $2,250 $0
2018 $343 $2,250 $0 $0
2017 $344 $2,250 $0 $0
2016 $334 $2,250 $0 $0
2015 $336 $2,250 $0 $0
2014 $335 $2,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU142684

Bright MLS

APN: 134-12.00-572.00