NOT LISTED FOR SALE

31459 Railway Rd Ocean View, DE 19970

Estimated Value: $343,000 - $424,000

3 Beds
2 Baths
1,416 Sq Ft
$276/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $350,000 $247 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,167/month

Highlights

  • View of Trees or Woods
  • 0.61 Acre Lot
  • Deck
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • Wood Burning Stove

About This Home

As of March 2022

You can't get much closer to the beach but still be in the "country" with over a half acre of land and no HOA! This lovely updated cottage is just waiting for you to make it your own. Recently refinished hardwood floors, recently painted exterior of home and kitchen cabinets, new roof and water treatment system in 2020. Kitchen recently updated with quartz countertops, new extra deep sink, tile wall and back splash. An oversized detached garage with electricity, built-in work bench and plenty of storage area is perfect for someone who enjoys hobbies. There is a possibility of subdividing lot into two lots for those who want to pursue this with the County. Only 4.5 miles to Bethany Beach with it's white sandy beach, boardwalk, shopping and restaurants. Tax-free outlet shopping is located nearby in Rehoboth Beach, along with boutique shopping, restaurants and the big boardwalk . With all this going for it, this one won't last long!

Last Agent to Sell the Property

Rose Walker

(302) 745-0614 rose@rosesbythesea.com Patterson-Schwartz-OceanView License #RS-0013448 Listed on: 02/17/2022

Patterson-Schwartz-OceanView

Last Buyer's Agent

Justin Voorheis

(302) 332-2360 justin@bethanyarearealty.com BETHANY AREA REALTY LLC License #RS0023950

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $532

Year Built

  • Built in 1979 | Remodeled in 2019

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 100.00 x 267.00
  • Rural Setting
  • East Facing Home
  • Partially Fenced Property
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Subdivision Possible
  • Property is in very good condition
  • Property is zoned GR

Parking

  • 1 Car Detached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Stone Driveway

Home Design

  • Cottage
  • Frame Construction
  • Pitched Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,416 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Paneling
  • Ceiling Fan
  • Wood Burning Stove
  • Window Treatments
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Views of Woods
  • Crawl Space

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Shower
  • Deck
  • Exterior Lighting
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • 220 Volts
  • Propane
  • Water Treatment System
  • Well
  • Tankless Water Heater
  • Water Conditioner is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Layton Development Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 134-08.00-32.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$532

Year Built

Built in 1979 | Remodeled in 2019

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: electric fireplace in living room and awning posts on side porch
  • Home Warranty: No
  • Inclusions: some furnishings may be available for sale on a separate Bill of Sale
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1979
  • Year Renovated: 2019
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: You can't get much closer to the beach but still be in the "country" with over a half acre of land and no HOA! This lovely updated cottage is just waiting for you to make it your own. Recently refinished hardwood floors, recently painted exterior of home and kitchen cabinets, new roof and water treatment system in 2020. Kitchen recently updated with quartz countertops, new extra deep sink, tile wall and back splash. An oversized detached garage with electricity, built-in work bench and plenty of storage area is perfect for someone who enjoys hobbies. There is a possibility of subdividing lot into two lots for those who want to pursue this with the County. Only 4.5 miles to Bethany Beach with it's white sandy beach, boardwalk, shopping and restaurants. Tax-free outlet shopping is located nearby in Rehoboth Beach, along with boutique shopping, restaurants and the big boardwalk . With all this going for it, this one won't last long!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless, Built-In Range, Water Conditioner - Owned
  • Flooring Type: Hardwood, Partially Carpeted, Vinyl, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Open, Stove - Wood, Combination Dining/Living, Entry Level Bedroom, Kitchen - Galley, Pantry, Upgraded Countertops, Water Treat System, Window Treatments, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Great Room, Laundry, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Main Floor
  • Total Sq Ft: 1416
  • Living Area Sq Ft: 1416
  • Price Per Sq Ft: 247.18
  • Above Grade Finished Sq Ft: 1416
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31459

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame, T-1-11, Wood Siding
  • Exterior Features: Exterior Lighting, Outside Shower, Outbuilding(s)
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle, Pitched
  • Spa: No
  • View: Trees/Woods
  • 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: Stone Driveway
  • Garage Features: Garage - Front Entry, Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 220 Volts
  • Heating Fuel: Electric, Wood
  • Heating Type: Baseboard - Electric, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Propane, Electric Available, Sewer Available, Water Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: 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
  • Fencing: Partially
  • Improvement Assessed Value: 11000.00
  • Land Assessed Value: 2500.00
  • Land Use Code: RS
  • Lot Features: Backs To Trees, Cleared, Landscaping, Open, Rear Yard, Front Yard, Level, Not In Development, Partly Wooded, Private, Road Frontage, Rural, Secluded, Sideyard(s), Subdivision Possible
  • Lot Size Acres: 0.61
  • Lot Dimensions: 100.00 x 267.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26698.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Soil Types: Loam
  • Year Assessed: 2021
  • Zoning: GR
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5125251
  • School Tax: 472.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 532.00
  • Assessor Parcel Number: 134-08.00-32.00
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/28/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2012
Closed on
May 11, 2012
Sold by
Novastar Funding Trust Series 2006 & 1
Bought by
Mcade-Lamana Teresa
Seller's Agent
LITTLETON DRYDEN
Weichert, Realtors - Beach Bound
Buyer's Agent
PEGGY MULLEN
Keller Williams Realty
List Price
$146,000
Sold Price
$146,000
Current Estimated Value
$391,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,470
Avg. Annual Appreciation
7.64%
Original Mortgage
$116,800
Outstanding Balance
$80,849
Interest Rate
3.88%
Mortgage Type
Unknown
Estimated Equity
$310,621
Source: Public Records

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
Mcade-Lamana Teresa $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcade-Lamana Teresa $116,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $350,000 0.0% $247 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $350,000 +139.7% $247 / Sq Ft
05/11/2012 05/11/12 Sold $146,000 0.0% $103 / Sq Ft
03/08/2012 03/08/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $146,000 -- $103 / 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
2025 $1,101 $13,500 $2,500 $11,000
2024 $942 $13,500 $2,500 $11,000
2023 $971 $13,500 $2,500 $11,000
2022 $962 $13,500 $2,500 $11,000
2021 $955 $13,500 $2,500 $11,000
2020 $970 $13,500 $2,500 $11,000
2019 $968 $13,500 $2,500 $11,000
2018 $960 $13,500 $0 $0
2017 $515 $13,500 $0 $0
2016 $972 $13,500 $0 $0
2015 $985 $13,500 $0 $0
2014 $978 $13,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2016430

Bright MLS

APN: 134-08.00-32.00