NOT LISTED FOR SALE

3 Captains Ct Ocean View, DE 19970

Estimated Value: $372,731 - $978,000

0.23 Acre
$3,136,665 Price per Acre
10,197 Sq Ft Lot

Last Sold May 10, 2019

Last sale price $90,000

Est. 702% increase in value since last sale

Current estimated payment $4,157/month

283 Days on Market

Highlights

  • Water Oriented
  • Canal View
  • No HOA
  • Lord Baltimore Elementary School Rated A-

About This Lot

As of May 2019

Reduce price is firm. Just 1 Lot remains. Incredible opportunity to build in this 4 lot Subdivision with Public/Water and Sewer in the historic town of Ocean View. According to the Army Corp of Engineers, this is the highest site in Ocean View, DE and situate on a grandfathered Sand Dune. Neighboring home has a full basement with no Flood Insurance required. Just a little over 1.5 miles to the beach, steps to a Marina and Public Boat Ramp or take the walking Trail right into town from your backyard. Just a short drawbridge from Bethany. Live, work and play from beautiful Ocean View. The owner is a Licensed Real Estate Broker. Buyer to reimburse Impact fees.

Last Listed By

Joseph Maggio

Dave McCarthy & Associates, Inc. License #RA-0020900 Listed on: 07/02/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $222

Year Built

  • 2023

Lot Details

  • 10,197 Sq Ft Lot
  • Property is zoned GR

Property Views

  • Canal Views

Utilities

  • Propane
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot -592.03
  • Assessor Parcel Number 134-12.00-592.03

Community Details

Overview

  • No Home Owners Association
  • Captains Place Subdivision

Recreation

  • Water Oriented
  • Property is near a canal

Property Details

Property Type

Land

Est. Annual Taxes

$222

Year Built

2023

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: Reduce price is firm. Just 1 Lot remains. Incredible opportunity to build in this 4 lot Subdivision with Public/Water and Sewer in the historic town of Ocean View. According to the Army Corp of Engineers, this is the highest site in Ocean View, DE and situate on a grandfathered Sand Dune. Neighboring home has a full basement with no Flood Insurance required. Just a little over 1.5 miles to the beach, steps to a Marina and Public Boat Ramp or take the walking Trail right into town from your backyard. Just a short drawbridge from Bethany. Live, work and play from beautiful Ocean View. The owner is a Licensed Real Estate Broker. Buyer to reimburse Impact fees.
  • Special Features: VirtualTour
  • Year Built (Public Record): 2023

Interior Features

  • Price Per Sq Ft: 9.81
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3

Exterior Features

  • Construction Completed: No
  • View: Canal
  • Water Access: No
  • Water Body Name: Assawoman Canal
  • Water Body Type: Canal
  • 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: Electric Available, Cable Tv Available, Phone Available, Propane, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10197.00
  • Possible Use: Residential
  • Zoning: GR
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5105538
  • School Tax: 101.00
  • Tax Annual Amount: 222.00
  • Assessor Parcel Number: 134-12.00-592.03
  • Tax Lot: -592.03
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 05/10/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
May 10, 2019
Sold by
Maggio Joseph S
Bought by
Hollander Benjamin and Hollandr Kate
Seller's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
Buyer's Agent
Jeri Sheats
EXP Realty, LLC
List Price
$159,900
Sold Price
$90,000
Premium/Discount to List
-$69,900
-43.71%
Total Days on Market
283
Current Estimated Value
$721,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,433
Avg. Annual Appreciation
42.15%
Original Mortgage
$63,000
Outstanding Balance
$42,425
Interest Rate
3.9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$713,242

Purchase Details

Closed on
May 5, 2014
Bought by
Maggio Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
4.42%
Mortgage Type
New Conventional

Range of Values:

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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
Hollander Benjamin $90,000 --
Maggio Joseph S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollander Benjamin $63,000
Previous Owner Maggio Joseph S $110,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $90,000 -10.0% --
04/11/2019 04/11/19 Pending -- -- --
03/14/2019 03/14/19 Price Changed $99,999 -16.7% --
01/07/2019 01/07/19 Price Changed $119,999 -4.0% --
12/25/2018 12/25/18 Price Changed $124,999 -16.6% --
11/19/2018 11/19/18 Price Changed $149,900 -6.3% --
07/02/2018 07/02/18 For Sale $159,900 -- --
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 $1,416 $3,000 $3,000 $0
2023 $124 $3,000 $3,000 $0
2022 $122 $3,000 $3,000 $0
2021 $118 $3,000 $3,000 $0
2020 $113 $3,000 $3,000 $0
2019 $156 $3,000 $3,000 $0
2018 $169 $3,000 $0 $0
2017 $170 $3,000 $0 $0
2016 $156 $3,000 $0 $0
2015 $159 $3,000 $0 $0
2014 $157 $3,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001971948

Bright MLS

APN: 134-12.00-592.03