$714,900
SOLD OCT 18, 2024

31811 Leaf Ln Ocean View, DE 19970

6 Beds
5 Baths
3,879 Sq Ft
0.53 Acres

Recently Sold

$184 Per Sq Ft

11% Below List Price

98 Days on Market

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 2024

Attention 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

Sarah Shoemaker

Keller Williams Realty License #RS0025568

Keller Williams Realty

Last Buyer's Agent

Kim Hitchens

Dave McCarthy & Associates, Inc. License #RS-0014663

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,858

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: Attention 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!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Instant Hot Water, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Entry Floor: 2
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Bar, Carpet, Combination Dining/Living, Efficiency, Floor Plan - Open, Kitchen - Galley, Kitchenette, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Fireplace: No
  • Foundation Details: Slab
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Main Floor, Lower Floor
  • Total Sq Ft: 3879
  • Living Area Sq Ft: 3879
  • Price Per Sq Ft: 184.30
  • Above Grade Finished Sq Ft: 3879
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31811

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Instant Hot Water, Tankless
  • 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
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.53
  • Lot Dimensions: 104.00 x 195.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23087.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • School Tax: 83.00
  • Tax Annual Amount: 93.00
  • Assessor Parcel Number: 134-12.00-1969.00
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 10/18/2024

MLS Schools

  • School District Name: INDIAN RIVER

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

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

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Construction
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $714,900 None Listed On Document
Deed $50,000 None Listed On Document
Source: Public Records

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Source: Bright MLS

MLS Number: DESU2064518

Bright MLS

APN: 134-12.00-1969.00