NOT LISTED FOR SALE

31482 Railway Rd Ocean View, DE 19970

Estimated Value: $356,000 - $388,173

3 Beds
2 Baths
1,512 Sq Ft
$246/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $252,000 $167 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,018/month

4 Days on Market

Highlights

  • 0.56 Acre Lot
  • Rambler Architecture
  • 2 Car Detached Garage
  • Lord Baltimore Elementary School Rated A-
  • No HOA
  • Ceiling Fan

About This Home

As of July 2021

Easy to show! One-level home in Ocean View provides 3 bedrooms and 2 baths on more than a half acre. Unfinished upper level has plumbing and electric for lots of possibilities. Detached 2-car garage and a fenced backyard with a koi pond. Just minutes from Bethany Beach! This home is being sold in as-is condition.

Last Agent to Sell the Property

Dustin Oldfather

(302) 273-4998 ashley.hess@compass.com Compass License #RS-0017091 Listed on: 06/04/2021

Compass

Co-Listed By

Robert Mandel

(302) 539-1777 longhaulpayments@gmail.com Coldwell Banker Realty

Last Buyer's Agent

Sandy Greene

(302) 360-0300 walt.t@kw.com Keller Williams Realty License #RA-0002739

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $557

Year Built

  • Built in 1982

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 81.00 x 298.00
  • Property is zoned MR

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Rambler Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 134-08.00-46.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$557

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Range Hood, Dishwasher, Dryer, Microwave, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Foundation Details: Crawl Space
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 1512
  • Living Area Sq Ft: 1512
  • Price Per Sq Ft: 165.28
  • Above Grade Finished Sq Ft: 1512
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.56
  • Lot Dimensions: 81.00 x 298.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24394.00
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 491.00
  • Tax Annual Amount: 557.00
  • Assessor Parcel Number: 134-08.00-46.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 22, 2021
Sold by
Drury Joshua
Bought by
Passwaters Jesse I and Passwaters Margaret R
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Sandy Greene
Keller Williams Realty
List Price
$249,900
Sold Price
$252,000
Premium/Discount to List
$2,100
0.84%
Current Estimated Value
$372,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,043
Avg. Annual Appreciation
9.00%
Original Mortgage
$239,400
Outstanding Balance
$217,549
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$154,494

Purchase Details

Closed on
Feb 23, 2021
Sold by
Lannon Stephen T
Bought by
Drury Joshua

Purchase Details

Closed on
Aug 26, 2002
Bought by
Lannon Stephen T
Source: Public Records
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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
Passwaters Jesse I $252,000 None Available
Drury Joshua $14,800 None Available
Lannon Stephen T $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Passwaters Jesse I $239,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2021 07/22/21 Sold $252,000 +0.8% $167 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $249,900 -- $165 / Sq Ft
Source: Bright MLS

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 $1,004 $14,800 $2,500 $12,300
2024 $965 $14,800 $2,500 $12,300
2023 $988 $14,800 $2,500 $12,300
2022 $978 $14,800 $2,500 $12,300
2021 $944 $14,800 $2,500 $12,300
2020 $949 $14,800 $2,500 $12,300
2019 $959 $14,800 $2,500 $12,300
2018 $964 $14,800 $0 $0
2017 $564 $14,800 $0 $0
2016 $957 $14,800 $0 $0
2015 $973 $14,800 $0 $0
2014 $965 $14,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU184448

Bright MLS

APN: 134-08.00-46.00