NOT LISTED FOR SALE

31482 Railway Rd Ocean View, DE 19970

Estimated Value: $355,513

3 Beds
2 Baths
1,512 Sq Ft
$235/Sq Ft Est. Value

Last Sold July 22, 2021

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

Est. 41% increase in value since last sale

Current estimated payment $1,968/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) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091 Listed on: 06/04/2021

Compass

Co-Listed By

Robert Mandel

(215) 718-6730 longhaulpayments@gmail.com Coldwell Banker Realty

Last Buyer's Agent

Sandy Greene

(302) 745-2382 sandy@sandygreene.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
  • Remarks Public: 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.
  • 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
  • Street Number Modifier: 31482

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

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.56
  • Lot Dimensions: 81.00 x 298.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24394.00
  • Year Assessed: 2020
  • 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
  • Tax Total Finished Sq Ft: 1512
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/22/2021

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
$355,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,513
Avg. Annual Appreciation
8.54%
Original Mortgage
$239,400
Outstanding Balance
$217,549
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$137,964

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

Range of Values:

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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
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 Change Sq Ft Price
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 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 $1,004 $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

  • Dustin Oldfather

    Seller's Agent in 2021

    Dustin Oldfather

    Compass

    (302) 249-5899

    49 in this area

    1,493 Total Sales

    Dustin Oldfather
    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Robert Mandel

    Coldwell Banker Realty

    (215) 718-6730

    3 in this area

    13 Total Sales

    Robert Mandel
    Section Image
  • Sandy Greene

    Buyer's Agent in 2021

    Sandy Greene

    Keller Williams Realty

    (302) 745-2382

    8 in this area

    31 Total Sales

    Sandy Greene
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU184448

Bright MLS

APN: 134-08.00-46.00

Delaware Sussex County Ocean View 19970

31482 Railway Rd, Ocean View, DE

This home is located at 31482 Railway Rd, Ocean View, DE 19970 since 04 June 2021 and is currently priced at $355,513, approximately $235 per square foot. This property was built in 1982. 31482 Railway Rd is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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