$200,000
SOLD FEB 9, 2024

29575 2nd St Ocean View, DE 19970

0.23 Acre
$869,565 Price per Acre
9,953 Sq Ft Lot

Recently Sold

Highlights

  • Water Views
  • Home fronts navigable water
  • Property fronts the bay but unit may not have water views
  • Lord Baltimore Elementary School Rated A-
  • Canoe or Kayak Water Access
  • No HOA

About This Lot

As of September 2024

Don't wait! Build your dream home on this beautiful wooded lot located 1 home from the Indian River Bay. There is a possibility you could design your home to have partial water views of Indian River Bay and beautiful sunsets. A quiet location but close to fine dining, family dining, mini-golf, full size and executive golf courses, tennis club, tax free outlet shopping, Bay beaches, State Park ocean beaches and the big boardwalks in Rehoboth Beach and Ocean City, MD. Only 2.7 miles to the guarded white sands of Family Friendly Bethany Beach & the boardwalk. The local VFW is less than 3 miles away and as a member or guest of this active post you can enjoy the private beach for clamming, fishing, and crabbing as well as functions like weekly dinners and dances, and the best location to watch the beautiful sunset views on the Indian River Bay. All of this can be yours with no builder tie-in, low taxes and no HOA fees. Very high & dry - improvements might not be in a flood zone, depending on where they are located on the lot. Community Bay access and county sewer available. Enjoy walks through the trails of nearby James Farm Ecological Preserve, where you can enjoy sunsets over the water, appreciate nature, kayaking on the Bay, or just relax and enjoy the Bay Beach. Don't wait! Start enjoying boating and the beach!

Last Agent to Sell the Property

Rose Walker

Patterson-Schwartz-OceanView License #RS-0013448 Listed on: 01/10/2024

Patterson-Schwartz-OceanView

Last Buyer's Agent

Bradley Absher

Keller Williams Realty License #RS-0023491

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $184

Lot Details

  • 9,953 Sq Ft Lot
  • Lot Dimensions are 89' x 112'
  • Property fronts the bay but unit may not have water views
  • Home fronts navigable water
  • Property is zoned MR

Property Views

  • Water
  • Limited

Utilities

  • Well Required
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-5.00-260.00

Community Details

Overview

  • No Home Owners Association
  • Irwin E Steele Subdivision

Recreation

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$184

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Don't wait! Build your dream home on this beautiful wooded lot located 1 home from the Indian River Bay. There is a possibility you could design your home to have partial water views of Indian River Bay and beautiful sunsets. A quiet location but close to fine dining, family dining, mini-golf, full size and executive golf courses, tennis club, tax free outlet shopping, Bay beaches, State Park ocean beaches and the big boardwalks in Rehoboth Beach and Ocean City, MD. Only 2.7 miles to the guarded white sands of Family Friendly Bethany Beach & the boardwalk. The local VFW is less than 3 miles away and as a member or guest of this active post you can enjoy the private beach for clamming, fishing, and crabbing as well as functions like weekly dinners and dances, and the best location to watch the beautiful sunset views on the Indian River Bay. All of this can be yours with no builder tie-in, low taxes and no HOA fees. Very high & dry - improvements might not be in a flood zone, depending on where they are located on the lot. Community Bay access and county sewer available. Enjoy walks through the trails of nearby James Farm Ecological Preserve, where you can enjoy sunsets over the water, appreciate nature, kayaking on the Bay, or just relax and enjoy the Bay Beach. Don't wait! Start enjoying boating and the beach!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 20.09
  • Street Number Modifier: 29575

Exterior Features

  • Road Surface Type: Gravel
  • View: Limited, Water
  • Water Access Features: Canoe/Kayak, Private Access
  • Water Access: Yes
  • Water Body Name: Indian River Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Well Required

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Acres: 0.23
  • Lot Dimensions: 89' x 112'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9953.00
  • Zoning: MR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 184.00
  • Assessor Parcel Number: 134-5.00-260.00
  • Tax Year: 2023
  • Close Date: 02/09/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Sep 25, 2024
Sold by
True North Land Development Llc
Bought by
Rixey Thomas D
Seller's Agent
Bradley Absher
Keller Williams Realty
Buyer's Agent
MELISSA BURBAGE
Keller Williams Realty
List Price
$349,000
Sold Price
$324,000
Premium/Discount to List
-$25,000
-7.16%
Views
78
Current Estimated Value
$434,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,000
Avg. Annual Appreciation
33.17%

Purchase Details

Listed on
Jan 10, 2024
Closed on
Feb 9, 2024
Sold by
Scott Robertson Revocable Living Trust
Bought by
True North Land Development Llc
Seller's Agent
Rose Walker
Patterson-Schwartz-OceanView
Buyer's Agent
Bradley Absher
Keller Williams Realty
List Price
$200,000
Sold Price
$200,000
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.06%

Purchase Details

Closed on
Sep 1, 2015
Sold by
Robertson Scott D
Bought by
Scott Robertson Rev Living Trust

Purchase Details

Closed on
Feb 28, 2001
Bought by
Robertson Scott D
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $324,000 None Listed On Document
Deed $324,000 None Listed On Document
Deed $200,000 None Listed On Document
Gift Deed -- None Available
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $324,000 -7.2% --
08/22/2024 08/22/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $349,000 +74.5% --
02/09/2024 02/09/24 Sold $200,000 0.0% --
01/10/2024 01/10/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $200,000 -- --
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
2024 $434 $4,450 $4,450 $0
2023 $464 $4,450 $4,450 $0
2022 $461 $4,450 $4,450 $0
2021 $456 $4,450 $4,450 $0
2020 $485 $4,450 $4,450 $0
2019 $485 $4,450 $4,450 $0
2018 $486 $4,450 $0 $0
2017 $488 $4,450 $0 $0
2016 $467 $4,450 $0 $0
2015 $472 $4,450 $0 $0
2014 $470 $4,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2054070

Bright MLS

APN: 134-05.00-260.00