NOT LISTED FOR SALE

176 Willow Oak Ave Ocean View, DE 19970

Estimated Value: $769,000 - $885,000

4 Beds
4.5 Baths
3,709 Sq Ft
$220/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $600,000 $162 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,071/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Lord Baltimore Elementary School Rated A-
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of March 2021

Sought after Connoisseur floorplan at Bear Trap with panoramic golf course views. First floor master with formal dining, office, formal living space and great room with cathedral ceilings. Granite, hardwood flooring and Ceramic tile baths. This home has a large bonus room built above the garage for media or 5th bedroom. Screen porch and deck.

Last Agent to Sell the Property

Colleen Windrow

Keller Williams Realty License #RS-0024171 Listed on: 03/31/2021

Keller Williams Realty

Last Buyer's Agent

Sandy Greene

Keller Williams Realty License #RA-0002739

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,274

Year Built

  • Built in 2005

Lot Details

  • 9,583 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned TN

HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Coastal Architecture
  • Frame Construction
  • HardiePlank Type

Interior Spaces

  • 3,709 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 458
  • Assessor Parcel Number 134-16.00-1842.00

Community Details

Overview

  • Legum And Norman HOA
  • Bear Trap Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,274

Year Built

Built in 2005

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Colonial
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2005
  • Remarks Public: Sought after Connoisseur floorplan at Bear Trap with panoramic golf course views. First floor master with formal dining, office, formal living space and great room with cathedral ceilings. Granite, hardwood flooring and Ceramic tile baths. This home has a large bonus room built above the garage for media or 5th bedroom. Screen porch and deck.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3709
  • Living Area Sq Ft: 3709
  • Price Per Sq Ft: 161.77
  • Above Grade Finished Sq Ft: 3709
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 176

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Hardiplank Type
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Owned
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • 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: 225.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Name: LEGUM AND NORMAN
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5111570
  • School Tax: 1753.00
  • Tax Annual Amount: 3274.00
  • Assessor Parcel Number: 134-16.00-1842.00
  • Tax Lot: 458
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/31/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Mar 10, 2021
Sold by
Wallace Nicholas S and Wallace Robin L
Bought by
Mcdermott Brian G and Mcdermott Lorraine H
Seller's Agent
Colleen Windrow
Keller Williams Realty
Buyer's Agent
Sandy Greene
Keller Williams Realty
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$816,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,002
Avg. Annual Appreciation
6.68%
Original Mortgage
$480,000
Outstanding Balance
$435,347
Interest Rate
2.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$363,554
Source: Public Records

Range of Values:

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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
Mcdermott Brian G $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Brian G $480,000
Previous Owner Wallace Robin L $465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $600,000 0.0% $162 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $600,000 -- $162 / 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 $2,190 $52,850 $6,750 $46,100
2023 $2,188 $52,850 $6,750 $46,100
2022 $2,151 $52,850 $6,750 $46,100
2021 $2,110 $52,850 $6,750 $46,100
2020 $1,991 $52,850 $6,750 $46,100
2019 $1,982 $52,850 $6,750 $46,100
2018 $2,000 $52,850 $0 $0
2017 $2,017 $52,850 $0 $0
2016 $1,777 $52,850 $0 $0
2015 $1,831 $52,850 $0 $0
2014 $1,804 $52,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Colleen Windrow

    Seller's Agent in 2021

    Colleen Windrow

    Keller Williams Realty

    (443) 497-4917

    75 in this area

    168 Total Sales

    Colleen Windrow
    Section Image
  • Sandy Greene

    Buyer's Agent in 2021

    Sandy Greene

    Keller Williams Realty

    (302) 745-2382

    8 in this area

    31 Total Sales

    Sandy Greene
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU175906

Bright MLS

APN: 134-16.00-1842.00

Delaware Sussex County Ocean View 19945

176 Willow Oak Ave, Ocean View, DE

This home is located at 176 Willow Oak Ave, Ocean View, DE 19970 since 31 March 2021 and is currently estimated at $816,002, approximately $220 per square foot. This property was built in 2005. 176 Willow Oak Ave is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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