20875 Cormorant Way Unit 580 Ocean View, DE 19970
Estimated Value: $702,408 - $748,000
5
Beds
3
Baths
2,919
Sq Ft
$247/Sq Ft
Est. Value
About This Home
This home is located at 20875 Cormorant Way Unit 580, Ocean View, DE 19970 and is currently estimated at $721,469, approximately $247 per square foot. 20875 Cormorant Way Unit 580 is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 24, 2021
Sold by
Freedman Melissa S and Haugen Victoria P
Bought by
Laugel Karen L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,874
Outstanding Balance
$473,047
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$248,422
Purchase Details
Closed on
Jul 29, 2020
Sold by
Freedman Melissa S
Bought by
Freedman Melissa S and Haugen Victoria P
Purchase Details
Closed on
Mar 9, 2018
Sold by
Nvr Inc
Bought by
Freedman Jonathan W and Freedman Melissa S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,200
Interest Rate
7.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 3, 2017
Sold by
Bay Forest Llc
Bought by
Nvr Inc T/A Nvhomes
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Laugel Karen L | $570,000 | None Available | |
| Freedman Melissa S | -- | None Available | |
| Freedman Jonathan W | $504,000 | -- | |
| Nvr Inc T/A Nvhomes | $16,180 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Laugel Karen L | $519,874 | |
| Previous Owner | Freedman Jonathan W | $403,200 |
Source: Public Records
Tax History Compared to Growth
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 | $1,349 | $6,250 | $6,250 | $0 |
| 2024 | $1,722 | $6,250 | $6,250 | $0 |
| 2023 | $1,725 | $6,250 | $6,250 | $0 |
| 2022 | $1,698 | $6,250 | $6,250 | $0 |
| 2021 | $1,663 | $6,250 | $6,250 | $0 |
| 2020 | $1,600 | $6,250 | $6,250 | $0 |
| 2019 | $1,593 | $6,250 | $6,250 | $0 |
| 2018 | $1,584 | $40,350 | $0 | $0 |
| 2017 | $238 | $6,250 | $0 | $0 |
| 2016 | $210 | $6,250 | $0 | $0 |
Source: Public Records
Map
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