$48,500
SOLD JAN 25, 2016

31782 Lakeview Dr Ocean View, DE 19970

0.23 Acre
$210,870 Price per Acre
10,019 Sq Ft Lot

Recently Sold

16% Below List Price

158 Days on Market

About This Lot

As of December 2019

Low cost lot for your retirement place near the shore. Water and sewer impact fees have been paid and laterals were run. Use of boat ramp at Banks Harbor Retreat comes with the property. Lot will take a home, doublewide or singlewide. Only 4 miles to Bethany beach and close to parks, golf, dining and more. Quiet neighborhood in Millville. Just the spot for the grandkids to play!!

Last Agent to Sell the Property

Mearl Layton

(302) 245-0315 mearllayton@gmail.com LAYTON ASSOCIATES REAL ESTATE Listed on: 08/18/2015

Last Buyer's Agent

TRAVIS LAYTON

(302) 236-4619 travislayton@gmail.com LAYTON ASSOCIATES REAL ESTATE

Property Details

Property Type

  • Land

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100x103x100x102
  • Cleared Lot
  • Impact Fee Building Permits
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $8 Monthly HOA Fees

Utilities

  • Public Hookup Available For Sewer

Community Details

  • Banksville Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 134-12.00-1286.00

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: Low cost lot for your retirement place near the shore. Water and sewer impact fees have been paid and laterals were run. Use of boat ramp at Banks Harbor Retreat comes with the property. Lot will take a home, doublewide or singlewide. Only 4 miles to Bethany beach and close to parks, golf, dining and more. Quiet neighborhood in Millville. Just the spot for the grandkids to play!!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 5.78
  • Street Number Modifier: 31782

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer, Public Hook/Up Avail
  • Water Sewer Expenses: 575.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100x103x100x102
  • Lot Size Units: Acres
  • Lot Sq Ft: 10019.00
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5103019
  • Tax Annual Amount: 857.00
  • Assessor Parcel Number: 134-12.00-1286.00
  • County Tax Payment Frequency: Annually
  • Close Date: 01/25/2016

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
Dec 13, 2019
Sold by
Louderback and Smit Teaette L
Bought by
Fake Brian S and Marcules Trisha L
Seller's Agent
Debbie COBB
Long & Foster Real Estate, Inc.
Buyer's Agent
Jeffrey Messick
Berkshire Hathaway HomeServices PenFed Realty-WOC
List Price
$267,000
Sold Price
$260,000
Premium/Discount to List
-$7,000
-2.62%
Current Estimated Value
$357,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,506
Avg. Annual Appreciation
5.64%
Original Mortgage
$110,000
Outstanding Balance
$86,193
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$271,313

Purchase Details

Listed on
Apr 8, 2016
Closed on
Feb 25, 2017
Sold by
Henderson Robert A
Bought by
Bosley Smith Joseph D and Louderback Smith Teaette Lynne
Seller's Agent
TRAVIS LAYTON
LAYTON ASSOCIATES REAL ESTATE
Buyer's Agent
Debbie COBB
Long & Foster Real Estate, Inc.
List Price
$234,900
Sold Price
$210,000
Premium/Discount to List
-$24,900
-10.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$120,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $260,000 None Available
Deed $210,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,000 New Conventional
Previous Owner $120,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $260,000 -2.6% $163 / Sq Ft
11/17/2019 11/17/19 Pending -- -- --
11/13/2019 11/13/19 For Sale $267,000 +27.1% $167 / Sq Ft
02/24/2017 02/24/17 Sold $210,000 -10.6% $131 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
04/08/2016 04/08/16 For Sale $234,900 +384.3% $147 / Sq Ft
01/25/2016 01/25/16 Sold $48,500 -16.2% --
01/23/2016 01/23/16 Pending -- -- --
08/18/2015 08/18/15 For Sale $57,900 -- --
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 $931 $15,950 $2,250 $13,700
2024 $1,031 $15,950 $2,250 $13,700
2023 $1,060 $15,950 $2,250 $13,700
2022 $1,049 $15,950 $2,250 $13,700
2021 $1,040 $15,950 $2,250 $13,700
2020 $1,050 $15,950 $2,250 $13,700
2019 $1,047 $15,950 $2,250 $13,700
2018 $1,053 $15,950 $0 $0
2017 $1,126 $15,950 $0 $0
2016 $1,054 $15,950 $0 $0
2015 $608 $2,600 $0 $0
2014 $607 $2,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001217416

Bright MLS

APN: 134-12.00-1286.00