NOT LISTED FOR SALE

29572 2nd St Ocean View, DE 19970

Estimated Value: $776,000 - $1,362,000

3 Beds
3 Baths
-- Sq Ft
0.41 Acres

Last Sold February 14, 2014

Last sale price $635,000

Est. 121% increase in value since last sale

Current estimated payment $7,702/month

430 Days on Market

Highlights

  • Bay View
  • Waterfront
  • Wood Burning Stove
  • Lord Baltimore Elementary School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of February 2014

Its all about location! On an expansive bayfront lot this spacious home offers breathtaking views of the Indian River Bay. Experience unforgettable sunsets and endless views of water in addition to this very quiet and private setting.

Last Agent to Sell the Property

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 10/17/2012

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Andrew Ratner

(302) 745-9659 andrew.ratner@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RB-0002872

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 105x164x105x199
  • Waterfront

Home Design

  • Cottage
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Plywood Siding Panel T1-11
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Great Room
  • Dining Room
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property near a bay
  • Rip-Rap
  • Deck

Location

  • Flood Risk

Utilities

  • Central Air
  • Baseboard Heating
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Irwin E Steele Subdivision

Listing and Financial Details

  • Assessor Parcel Number 134-05.00-264.00

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven - Wall, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick, Vinyl
  • Interior Amenities: Kitchen - Eat-In, Ceiling Fan(s), Skylight(s), Window Treatments
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room List: Dining Room, Great Room, Laundry
  • Basement: No

Beds/Baths

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

Exterior Features

  • Construction Materials: Stick Built, T-1-11
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Wood Burn Stove, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 235.00
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Rip-Rapped
  • Lot Dimensions: 105x164x105x199
  • Outdoor Living Structures: Deck(s)

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5123019
  • Assessor Parcel Number: 134-05.00-264.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2012
Closed on
Feb 19, 2014
Sold by
Mildred W Ostergard Revoc 11196
Bought by
Venit Gregory John
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Andrew Ratner
Berkshire Hathaway HomeServices PenFed Realty
List Price
$850,000
Sold Price
$635,000
Premium/Discount to List
-$215,000
-25.29%
Current Estimated Value
$1,404,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,917
Avg. Annual Appreciation
4.48%

Purchase Details

Listed on
Oct 17, 2012
Closed on
Feb 7, 2014
Sold by
Mildred W Ostergard Revoc 11196
Bought by
Venit Gregory John
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Andrew Ratner
Berkshire Hathaway HomeServices PenFed Realty
List Price
$850,000
Sold Price
$635,000
Premium/Discount to List
-$215,000
-25.29%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Venit Gregory John $635,000 --
Venit Gregory John $635,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2014 02/14/14 Sold $635,000 -25.3% --
12/21/2013 12/21/13 Pending -- -- --
10/17/2012 10/17/12 For Sale $850,000 -- --
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 $3,745 $43,800 $12,400 $31,400
2024 $3,633 $43,800 $12,400 $31,400
2023 $3,661 $43,800 $12,400 $31,400
2022 $3,607 $43,800 $12,400 $31,400
2021 $3,508 $43,800 $12,400 $31,400
2020 $3,401 $43,800 $12,400 $31,400
2019 $3,387 $43,800 $12,400 $31,400
2018 $3,434 $81,400 $0 $0
2017 $2,026 $43,800 $0 $0
2016 $1,810 $43,800 $0 $0
2015 $1,856 $43,800 $0 $0
2014 $1,833 $43,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leslie Kopp

    Seller's Agent in 2014

    Leslie Kopp

    Long & Foster

    (302) 542-3917

    108 in this area

    676 Total Sales

    Leslie Kopp
    Section Image
  • Andrew Ratner

    Buyer's Agent in 2014

    Andrew Ratner

    BHHS PenFed (actual)

    (302) 745-9659

    13 Total Sales

    Andrew Ratner
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001336838

Bright MLS

APN: 134-05.00-264.00

Delaware Sussex County Ocean View 19970

29572 2nd St, Ocean View, DE

Not Listed for Sale

Detached

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