NOT LISTED FOR SALE

31860 Koenig Ln Ocean View, DE 19970

Estimated Value: $365,113 - $438,000

3 Beds
1.5 Baths
1,160 Sq Ft
$346/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $395,000 $341 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,195/month

7 Days on Market

Highlights

  • 0.48 Acre Lot
  • Open Floorplan
  • Pole Barn
  • Lord Baltimore Elementary School Rated A-
  • Rambler Architecture
  • No HOA

About This Home

As of January 2023

REMODELED Rancher with Brand New Everything!!! 3 Bedrooms, 1.5 Baths! All new walls, Flooring, Kitchen Cabinets, New Vinyl windows, New Appliances, New Roof, New Siding, New Fixtures in Bathrooms, New Heating & Cooling system, new insulation throughout. Want some Peace & Quiet on your own 1/2 acre lot, thats close to the beaches but off the busy roads...then this is your very own piece of paradise. Plenty of room to spread out, detached Pole Barn for either parking your vehicles or maintaining a "Man Cave" and still have room for a shop, storage, or maybe convert to an In Law suite. Mature landscaping finishes off this affordable Rancher and NO HOA FEES! Only 5 mins to Holts Landing State Park, to launch your boat and go crabbing & fishing or spend the day on the water. Priced Well...Won't Last!!!

Last Agent to Sell the Property

J. T. TIMMONS

(302) 381-2800 jttimmons@gmail.com Keller Williams Realty License #RS-0012871 Listed on: 12/05/2022

Keller Williams Realty

Co-Listed By

Andy Timmons

(302) 236-7349 andytimmons3@gmail.com Keller Williams Realty

Last Buyer's Agent

Carla Campbell

(302) 542-5534 carla@beachteam.com Monument Sotheby's International Realty License #RA-0003577

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $516

Year Built

  • Built in 1974

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 125.00 x 165.00
  • Landscaped
  • Property is in excellent condition
  • Property is zoned AR-1

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

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

Interior Spaces

  • 1,160 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Crawl Space
  • Breakfast Area or Nook

Flooring

  • Partially Carpeted
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Pole Barn
  • Outbuilding

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 134-11.00-158.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$516

Year Built

Built in 1974

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: 1974
  • Automatically Close On Close Date: No
  • Remarks Public: REMODELED Rancher with Brand New Everything!!! 3 Bedrooms, 1.5 Baths! All new walls, Flooring, Kitchen Cabinets, New Vinyl windows, New Appliances, New Roof, New Siding, New Fixtures in Bathrooms, New Heating & Cooling system, new insulation throughout. Want some Peace & Quiet on your own 1/2 acre lot, thats close to the beaches but off the busy roads...then this is your very own piece of paradise. Plenty of room to spread out, detached Pole Barn for either parking your vehicles or maintaining a "Man Cave" and still have room for a shop, storage, or maybe convert to an In Law suite. Mature landscaping finishes off this affordable Rancher and NO HOA FEES! Only 5 mins to Holts Landing State Park, to launch your boat and go crabbing & fishing or spend the day on the water. Priced Well...Won't Last!!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Luxury Vinyl Plank, Partially Carpeted
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Floor Plan - Open
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1160
  • Living Area Sq Ft: 1160
  • Price Per Sq Ft: 344.74
  • Above Grade Finished Sq Ft: 1160
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31860

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Pole Barn
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Outbuilding(s)
  • 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
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump - Electric Backup
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 999
  • Lot Features: Landscaping
  • Lot Size Acres: 0.48
  • Lot Dimensions: 125.00 x 165.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20909.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5101830
  • School Tax: 460.00
  • Tax Annual Amount: 516.00
  • Assessor Parcel Number: 134-11.00-158.00
  • Tax Total Finished Sq Ft: 960
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/27/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Jan 27, 2023
Sold by
Southern Comfort Delaware Llc
Bought by
Zardus Deborah F and Zardus James J
Seller's Agent
J. T. TIMMONS
Keller Williams Realty
Buyer's Agent
Carla Campbell
Monument Sotheby's International Realty
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%
Views
24
Current Estimated Value
$401,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,278
Avg. Annual Appreciation
0.59%
Original Mortgage
$316,000
Outstanding Balance
$306,049
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$95,229

Purchase Details

Listed on
Nov 2, 2021
Closed on
Jan 4, 2022
Sold by
Ann B Adams Living Trust
Bought by
Southern Comford Delaware Llc
Seller's Agent
LINDA MUELLER
BETHANY AREA REALTY LLC
Buyer's Agent
J. T. TIMMONS
Keller Williams Realty
List Price
$198,000
Sold Price
$200,000
Premium/Discount to List
$2,000
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.04%
Original Mortgage
$160,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2020
Sold by
Adams Ann B
Bought by
Adams Ann B

Purchase Details

Closed on
May 1, 2017
Sold by
Ann B Stewart Lt
Bought by
Adams Ann B

Purchase Details

Closed on
Sep 28, 2012
Sold by
Stewart Ann B
Bought by
Stewart Ann B and The Ann B Stewart Living Trust

Purchase Details

Closed on
Mar 19, 2012
Sold by
Stewart Ann B
Bought by
Stewart Ann B and The Ann B Stewart Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Zardus Deborah F $395,000 --
Southern Comford Delaware Llc $200,000 Parsons & Robinson Pa
Adams Ann B -- None Available
Adams Ann B -- --
Stewart Ann B -- --
Stewart Ann B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zardus Deborah F $316,000
Previous Owner Southern Comford Delaware Llc $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2023 01/27/23 Sold $395,000 -1.2% $341 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $399,900 +100.0% $345 / Sq Ft
01/04/2022 01/04/22 Sold $200,000 +1.0% $208 / Sq Ft View Prior Sale
11/04/2021 11/04/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $198,000 -- $206 / 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 $724 $12,700 $2,750 $9,950
2024 $675 $12,700 $2,750 $9,950
2023 $686 $12,700 $2,750 $9,950
2022 $678 $12,700 $2,750 $9,950
2021 $667 $12,700 $2,750 $9,950
2020 $659 $12,700 $2,750 $9,950
2019 $657 $12,700 $2,750 $9,950
2018 $483 $12,700 $0 $0
2017 $486 $12,700 $0 $0
2016 $428 $12,700 $0 $0
2015 $441 $12,700 $0 $0
2014 $435 $12,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2033106

Bright MLS

APN: 134-11.00-158.00