NOT LISTED FOR SALE

2 Palisade St Ocean View, DE 19970

Estimated Value: $405,947 - $599,000

3 Beds
2 Baths
1,900 Sq Ft
$281/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $317,000 $167 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,105/month

383 Days on Market

Highlights

  • Private Pool
  • Coastal Architecture
  • Wood Flooring
  • Lord Baltimore Elementary School Rated A-
  • Deck
  • Attic

About This Home

As of August 2016

Shows Like New and Close to Beach, Shopping, Golf, and Marinas! Beautiful One Story, 3 Bedroom, 2 Bath Home with Open Floor Plan! This Home Features Hardwood Floors, 10? Ceilings, Master Suite with Tray Ceiling, 3 Season Room along with Deck in the Rear. Kitchen includes Breakfast Bar and Eat in Nook. New Gas Furnace and Heat Pump Installed November 2015 with 10 Year Transferable Warranty. Nicely Landscaped Lot with Irrigation System and Spacious Back Yard! Located Just Minutes to Bethany Beach and the Boardwalk. The Community Features a Seasonal Pool.

Last Agent to Sell the Property

Allison Stine

Northrop Realty License #RA-0031128 Listed on: 08/06/2015

Northrop Realty

Co-Listed By

Colleen Kellner

Northrop Realty

Last Buyer's Agent

Allison Stine

Northrop Realty License #RA-0031128 Listed on: 08/06/2015

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $992

Year Built

  • Built in 2003

Lot Details

  • 10,303 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Cleared Lot
  • Zoning described as HIGH DENSITY RESIDENTIAL

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Rambler Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Private Pool
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 134-16.00-385.03

Community Details

Overview

  • Providence Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$992

Year Built

Built in 2003

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Rambler, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2003
  • Remarks Public: Shows Like New and Close to Beach, Shopping, Golf, and Marinas! Beautiful One Story, 3 Bedroom, 2 Bath Home with Open Floor Plan! This Home Features Hardwood Floors, 10? Ceilings, Master Suite with Tray Ceiling, 3 Season Room along with Deck in the Rear. Kitchen includes Breakfast Bar and Eat in Nook. New Gas Furnace and Heat Pump Installed November 2015 with 10 Year Transferable Warranty. Nicely Landscaped Lot with Irrigation System and Spacious Back Yard! Located Just Minutes to Bethany Beach and the Boardwalk. The Community Features a Seasonal Pool.
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Microwave, Washer, Water Heater
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Eat-In, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Storm
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Additional Bedroom
  • Living Area Units: Square Feet
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Net Sq Ft: 1900.00
  • Price Per Sq Ft: 171.05
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 1000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Cleared, Landscaping
  • Lot Size Acres: 0.24
  • Lot Size Area: 10303
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10303.00
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: HIGH DENSITY RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5112044
  • Assessor Parcel Number: 134-16.00-385.03
  • County Tax Payment Frequency: Annually
  • Close Date: 08/30/2016

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2015
Closed on
Aug 29, 2016
Sold by
Joint Rev Trust Of Eugene J Marinelli An
Bought by
Mengele Andrew J and Mengele Sharon A
Seller's Agent
Allison Stine
Northrop Realty
Buyer's Agent
Allison Stine
Northrop Realty
List Price
$325,000
Sold Price
$317,000
Premium/Discount to List
-$8,000
-2.46%
Total Days on Market
383
Current Estimated Value
$534,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,737
Avg. Annual Appreciation
4.83%
Original Mortgage
$290,292
Outstanding Balance
$236,348
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$244,983
Source: Public Records

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Range of Values:

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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
Mengele Andrew J $317,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mengele Andrew J $30,119
Open Mengele Andrew J $290,292
Previous Owner Viguie Rudolfo $133,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $317,000 -2.5% $167 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/06/2015 08/06/15 For Sale $325,000 -- $171 / 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 $992 $23,400 $3,000 $20,400
2023 $991 $23,400 $3,000 $20,400
2022 $951 $23,400 $3,000 $20,400
2021 $922 $23,400 $3,000 $20,400
2020 $880 $23,400 $3,000 $20,400
2019 $961 $23,400 $3,000 $20,400
2018 $969 $23,400 $0 $0
2017 $977 $23,400 $0 $0
2016 $847 $23,400 $0 $0
2015 $866 $23,400 $0 $0
2014 $854 $23,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001008916

Bright MLS

APN: 134-16.00-385.03