NOT LISTED FOR SALE

30611 Cedar Neck Rd Unit 2307 Ocean View, DE 19970

Estimated Value: $307,000 - $605,000

2 Beds
2 Baths
1,100 Sq Ft
2005 Built

Last Sold July 17, 2015

Last sale price $145,000 $132 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $2,229/month

37 Days on Market

Highlights

  • Senior Living
  • Porch
  • Living Room
  • Community Pool
  • Screened Patio
  • Tile or Brick Flooring

About This Home

As of July 2015

A stunning 2BR/2BA condo featuring living room w/gas fireplace, upgraded kitchen w/granite counter tops & screen porch with private wooded views AND Plantation Shutters. Secured building w/elevator. Convenient to beach, golf & restaurants. Enjoy carefree living.

Last Agent to Sell the Property

CAROL WAYNE

VICKIE YORK AT THE BEACH REALTY Listed on: 04/08/2015

Last Buyer's Agent

Bill Gaines

Patterson-Schwartz-OceanView

Patterson-Schwartz-OceanView

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $917

Year Built

  • Built in 2005

Home Design

  • Slab Foundation
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Living Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Handicap Parking
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-09.00-679.01-2307

Community Details

Overview

  • Senior Living
  • Property has a Home Owners Association
  • Senior Community | Residents must be 55 or older
  • Cedar Bay Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$917

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2005
  • Remarks Public: A stunning 2BR/2BA condo featuring living room w/gas fireplace, upgraded kitchen w/granite counter tops & screen porch with private wooded views AND Plantation Shutters. Secured building w/elevator. Convenient to beach, golf & restaurants. Enjoy carefree living.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Oven - Self Cleaning, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Slab
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Net Sq Ft: 1100.00
  • Price Per Sq Ft: 136.35
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 30611

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Handicap Parking, Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 248.00
  • Water Source: Private

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3300.00
  • HOA Condo Co-Op Amenities: Retirement Community, Pool - Outdoor, Swimming Pool
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Schools

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

Lot Info

  • Outdoor Living Structures: Porch(es), Screened

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5127685
  • Assessor Parcel Number: 134-09.00-679.01-2307
  • County Tax Payment Frequency: Annually
  • Close Date: 07/17/2015

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2015
Closed on
Jul 17, 2015
Sold by
Carr Mary E and Ollman Richard B
Bought by
Shaffer Eugene H and Shaffer Marjorie R
Seller's Agent
CAROL WAYNE
VICKIE YORK AT THE BEACH REALTY
Buyer's Agent
Bill Gaines
Patterson-Schwartz-OceanView
List Price
$154,900
Sold Price
$145,000
Premium/Discount to List
-$9,900
-6.39%
Total Days on Market
37
Current Estimated Value
$387,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,838
Avg. Annual Appreciation
11.35%

Purchase Details

Listed on
Feb 15, 2012
Closed on
Aug 27, 2012
Sold by
Fannie Mae
Bought by
Ollman Richard B and Carr Mary E
Seller's Agent
Sheri Smith
Keller Williams Realty Delmarva
Buyer's Agent
KATHY SPERL-BELL
Active Adults Realty
List Price
$184,900
Sold Price
$135,000
Premium/Discount to List
-$49,900
-26.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%

Purchase Details

Listed on
Feb 15, 2012
Closed on
Aug 20, 2012
Sold by
Fannie Mae
Bought by
Ollman Richard B and Carr Mary E
Seller's Agent
Sheri Smith
Keller Williams Realty Delmarva
Buyer's Agent
KATHY SPERL-BELL
Active Adults Realty
List Price
$184,900
Sold Price
$135,000
Premium/Discount to List
-$49,900
-26.99%

Purchase Details

Closed on
Apr 2, 2012
Sold by
Susann Susann
Bought by
Federal National Mortgage Association
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
Shaffer Eugene H $145,000 None Available
Ollman Richard B -- --
Ollman Richard B -- --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaffer Eugene H $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2015 07/17/15 Sold $145,000 -6.4% $132 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $154,900 +14.7% $141 / Sq Ft
08/24/2012 08/24/12 Sold $135,000 -27.0% $123 / Sq Ft
08/02/2012 08/02/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $184,900 -- $168 / 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 $917 $18,300 $0 $18,300
2023 $921 $18,300 $0 $18,300
2022 $907 $18,300 $0 $18,300
2021 $881 $18,300 $0 $18,300
2020 $847 $18,300 $0 $18,300
2019 $843 $18,300 $0 $18,300
2018 $851 $21,050 $0 $0
2017 $803 $21,050 $0 $0
2016 $762 $21,050 $0 $0
2015 $760 $21,050 $0 $0
2014 $749 $21,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001004810

Bright MLS

APN: 134-09.00-679.01-2307