31811 Leaf Ln Ocean View, DE 19970
6
Beds
5
Baths
3,879
Sq Ft
0.53
Acres
Highlights
- New Construction
- 0.53 Acre Lot
- Coastal Architecture
- Lord Baltimore Elementary School Rated A-
- Open Floorplan
- No HOA
About This Home
As of October 2024Attention Investors! Discover an exceptional opportunity to own a newly constructed property featuring two identical one-bedroom living spaces on the ground floor. This property offers both luxury and convenience. Built with modern designs and high-quality materials, the one bedroom living quarters are the perfect use of space for quests. Each area boasts a contemporary kitchenette, cozy living area, a spacious bedroom with laundry and upgraded bathroom. The spaces can be conjoined as one, two bedroom unit as there are adjoining locking doors connecting the two spaces. The upper level features a full four-bedroom home with an expansive layout ideal for any family dynamic. With an open concept living, dining and kitchen area this home is perfect for hosting gatherings of all sizes! Custom cabinetry and high end appliances throughtout the kitchen adn entire home you will feel like you are at a highend hotel. Situated only 3.7 miles from the Bethany Beach boardwalk, beach, shops, restaurants, and entertainment. With projected rental potential of $71,000 annually, this property is a lucrative investment. . This property is ideal for investors seeking a promising addition to their portfolio, vacation home seekers who want to enjoy the Beach Lifesytle, or purchasers looking for multifamily living arrangements. Don't miss out on this investment dream!
Last Agent to Sell the Property
Keller Williams Realty License #RS0025568 Listed on: 06/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,858
Year Built
- Built in 2024 | New Construction
Lot Details
- 0.53 Acre Lot
- Lot Dimensions are 104.00 x 195.00
- West Facing Home
- Property is in excellent condition
- Property is zoned GR
Parking
- Driveway
Home Design
- Coastal Architecture
- Slab Foundation
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,879 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Bar
- Recessed Lighting
- Combination Dining and Living Room
- Efficiency Studio
Kitchen
- Galley Kitchen
- Kitchenette
- Electric Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Instant Hot Water
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- Walk-In Closet
Laundry
- Laundry on lower level
- Dryer
- Washer
Accessible Home Design
- Level Entry For Accessibility
Schools
- Lord Baltimore Elementary School
- Selbyville Middle School
- Indian River High School
Utilities
- Forced Air Heating and Cooling System
- Ductless Heating Or Cooling System
- Well
- Tankless Water Heater
Community Details
- No Home Owners Association
- Holly Park Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 12
- Assessor Parcel Number 134-12.00-1969.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2024
Closed on
Oct 14, 2024
Sold by
Benton Steven W and Benton Sharon M
Bought by
Passas Luisa J and Passas Michael A
Seller's Agent
Sarah Shoemaker
Keller Williams Realty
Buyer's Agent
Kim Hitchens
Dave McCarthy & Associates, Inc.
List Price
$799,000
Sold Price
$714,900
Premium/Discount to List
-$84,100
-10.53%
Views
73
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,014
Avg. Annual Appreciation
0.44%
Purchase Details
Closed on
Sep 14, 2023
Sold by
Banks Ralph
Bought by
Benton Steven W and Benton Sharon M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.9%
Mortgage Type
Construction
Similar Home in Ocean View, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $714,900 | None Listed On Document | |
| Deed | $50,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $714,900 | 0.0% | $184 / Sq Ft |
| 07/23/2024 07/23/24 | Price Changed | $714,900 | -10.5% | $184 / Sq Ft |
| 06/14/2024 06/14/24 | For Sale | $799,000 | -- | $206 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,858 | $2,250 | $2,250 | $0 |
| 2023 | $508 | $2,250 | $2,250 | $0 |
| 2022 | $506 | $2,250 | $2,250 | $0 |
| 2021 | $514 | $2,250 | $2,250 | $0 |
| 2020 | $550 | $2,250 | $2,250 | $0 |
| 2019 | $550 | $2,250 | $2,250 | $0 |
| 2018 | $550 | $2,250 | $0 | $0 |
| 2017 | $621 | $2,250 | $0 | $0 |
| 2016 | $611 | $2,250 | $0 | $0 |
| 2015 | $613 | $2,250 | $0 | $0 |
| 2014 | $612 | $2,250 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Shoemaker
S
Seller's Agent in 2024
Sarah Shoemaker
Keller Williams Realty
(302) 569-1334
23 in this area
85 Total Sales
-
Kim Hitchens
Buyer's Agent in 2024
Kim Hitchens
Dave McCarthy & Associates, Inc.
(302) 381-1071
9 in this area
105 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2064518
APN: 134-12.00-1969.00
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