NOT LISTED FOR SALE

31155 Walnut Point Ln Ocean View, DE 19970

Estimated Value: $524,537 - $750,000

5 Beds
3.5 Baths
2,978 Sq Ft
$210/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $480,000 $161 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,591/month

78 Days on Market

Highlights

  • New Construction
  • Coastal Architecture
  • Backs to Trees or Woods
  • Lord Baltimore Elementary School Rated A-
  • Secluded Lot
  • 1 Car Direct Access Garage

About This Home

As of March 2021

Visit this home virtually: http://www.vht.com/434123387/IDXS - Prime location in Ocean view, outside of city limits, and less than 5 miles from the beach and less than 3 miles to the nearest public boat launch at Holt's Landing State Park. Brand new construction by Beracah Homes, expected to be completed in January of 2021. Spacious lot, over 1/3 of an acre, in quaint community at the end of a cul-de-sac - just feet from Bay Forest but without the HOA fees and postage stamp sized building lots. Listed as a 5 Bedroom, 3.5 Bathroom home, but downstairs office can also serve as 6th Bedroom. Large living areas on both floors offer plenty of space to spread out. Builder has located home on lot to allow for future addition of pool or additional 3 car garage / pole building - both permitted in this very laid back community. With Quartz Countertops, Stainless Appliances, upgraded shaker style cabinets, and Luxury Vinyl Plank flooring - the only thing missing from this near 3000 square foot home is you!!!

Last Agent to Sell the Property

Michael Hall

Patterson-Schwartz-OceanView License #05-651274 Listed on: 11/29/2020

Patterson-Schwartz-OceanView

Last Buyer's Agent

Brian Barrows

Monument Sotheby's International Realty License #RA-0020621

Monument Sotheby's International Realty

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,471

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 74 x 207
  • Cul-De-Sac
  • No Through Street
  • Secluded Lot
  • Open Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • Back Yard
  • Property is in excellent condition

Parking

  • 1 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Surface Parking

Home Design

  • Coastal Architecture
  • Mediterranean Architecture
  • Block Foundation
  • Vinyl Siding
  • Modular or Manufactured Materials
  • CPVC or PVC Pipes

Interior Spaces

  • 2,978 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space

Bedrooms and Bathrooms

Laundry

  • Laundry on lower level
  • Washer and Dryer Hookup

Accessible Home Design

  • Halls are 36 inches wide or more
  • More Than Two Accessible Exits

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • Electric Water Heater

Additional Features

  • Brick Porch or Patio
  • Dwelling with Separate Living Area

Community Details

  • Property has a Home Owners Association
  • Association fees include management
  • 2-Story Building
  • Built by Beracah
  • Collins Creek Estates Subdivision, Custom Floorplan

Listing and Financial Details

  • Assessor Parcel Number 134-08.00-318.00

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,471

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Dwelling W/Separate Living Area, Mediterranean, Modular/Pre-Fabricated
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits, 36"+ Wide Halls
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2020
  • Remarks Public: Visit this home virtually: http://www.vht.com/434123387/IDXS - Prime location in Ocean view, outside of city limits, and less than 5 miles from the beach and less than 3 miles to the nearest public boat launch at Holt's Landing State Park. Brand new construction by Beracah Homes, expected to be completed in January of 2021. Spacious lot, over 1/3 of an acre, in quaint community at the end of a cul-de-sac - just feet from Bay Forest but without the HOA fees and postage stamp sized building lots. Listed as a 5 Bedroom, 3.5 Bathroom home, but downstairs office can also serve as 6th Bedroom. Large living areas on both floors offer plenty of space to spread out. Builder has located home on lot to allow for future addition of pool or additional 3 car garage / pole building - both permitted in this very laid back community. With Quartz Countertops, Stainless Appliances, upgraded shaker style cabinets, and Luxury Vinyl Plank flooring - the only thing missing from this near 3000 square foot home is you!!!
  • Special Features: 4098
  • Property Sub Type: MobileManufactured

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Hookup, Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2978
  • Living Area Sq Ft: 2978
  • Price Per Sq Ft: 167.56
  • Above Grade Finished Sq Ft: 2978
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31155

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cpvc/Pvc, Modular/Manufactured, Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Private, Surface
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Management
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Land Lease: No
  • Lot Features: Backs To Trees, Cleared, Cul-De-Sac, No Thru Street, Open, Rear Yard, Secluded
  • Lot Size Acres: 0.35
  • Lot Dimensions: 74 x 207
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15246.00
  • Outdoor Living Structures: Porch(es), Brick
  • Property Condition: Excellent
  • Zoning: AR-1
  • Zoning Description: Taxes Based on Vacant Lot
  • In City Limits: No

Building Info

  • Builder Name: Beracah

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5125249
  • Tax Annual Amount: 94.00
  • Assessor Parcel Number: 134-08.00-318.00
  • Tax Year: 2020
  • Close Date: 03/26/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2020
Closed on
Mar 26, 2021
Sold by
Collison Roger W
Bought by
Aziz Mehwish
Seller's Agent
Michael Hall
Patterson-Schwartz-OceanView
Buyer's Agent
Brian Barrows
Monument Sotheby's International Realty
List Price
$534,900
Sold Price
$480,000
Premium/Discount to List
-$54,900
-10.26%
Total Days on Market
78
Current Estimated Value
$624,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,884
Avg. Annual Appreciation
6.31%
Original Mortgage
$432,000
Outstanding Balance
$393,669
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$229,321

Purchase Details

Closed on
Mar 28, 2020
Sold by
Davis Andrew B
Bought by
Collison Roger W

Purchase Details

Closed on
Jul 30, 1987
Bought by
Davis Frances J
Source: Public Records

Range of Values:

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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
Aziz Mehwish $480,000 None Available
Collison Roger W $60,000 None Available
Davis Frances J $11,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aziz Mehwish $432,000
Closed Aziz Mehwish $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $480,000 -3.8% $161 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
01/05/2021 01/05/21 Price Changed $499,000 -6.7% $168 / Sq Ft
11/29/2020 11/29/20 For Sale $534,900 -- $180 / 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 $1,471 $2,500 $2,500 $0
2023 $1,491 $2,500 $2,500 $0
2022 $1,472 $2,500 $2,500 $0
2021 $1,445 $2,500 $2,500 $0
2020 $428 $2,500 $2,500 $0
2019 $428 $2,500 $2,500 $0
2018 $429 $2,500 $0 $0
2017 $95 $2,500 $0 $0
2016 $469 $2,500 $0 $0
2015 $471 $2,500 $0 $0
2014 $470 $2,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU173868

Bright MLS

APN: 134-08.00-318.00