NOT LISTED FOR SALE

32563 W Riga Dr Ocean View, DE 19970

Estimated Value: $271,556 - $528,000

4 Beds
2 Baths
1,868 Sq Ft
$244/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $265,000 $142 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,653/month

205 Days on Market

Highlights

  • 0.5 Acre Lot
  • Deck
  • Vaulted Ceiling
  • Lord Baltimore Elementary School Rated A-
  • Contemporary Architecture
  • Partially Wooded Lot

About This Home

As of May 2016

Striking contemporary with wonderful open floor plan and gorgeous landscape of flowers, trees and bushes. Yard is fenced for the family pet or kids. Updates on this well maintained home include new flooring, windows and HVAC system. Rear deck and patio will be the center of entertaining for the warm days of summer and outside shower will be a plus for "sandy" beach-goers. Enjoy low HOA fees, 1.5 mile walk or bike to the beach or hop on the Bethany trolley in Lake Bethany or Turtlewalk. Water access to Assawoman Canal for a kayaking adventure. Furnishing are negotiable. This house is shown with pride - don't miss it!

Last Listed By

Joanne Young

Compass Listed on: 08/19/2015

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,212

Year Built

  • Built in 2001

Lot Details

  • 0.5 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot
  • Partially Wooded Lot
  • Zoning described as MEDIUM RESIDENTIAL

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Rambler Architecture
  • Block Foundation
  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,868 Sq Ft Home
  • Property has 1 Level
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Outbuilding
  • Porch

Location

  • Flood Risk

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Municipal Trash

Community Details

  • Ocean Way Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 134-13.00-709.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,212

Year Built

Built in 2001

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Rambler, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Remarks Public: Striking contemporary with wonderful open floor plan and gorgeous landscape of flowers, trees and bushes. Yard is fenced for the family pet or kids. Updates on this well maintained home include new flooring, windows and HVAC system. Rear deck and patio will be the center of entertaining for the warm days of summer and outside shower will be a plus for "sandy" beach-goers. Enjoy low HOA fees, 1.5 mile walk or bike to the beach or hop on the Bethany trolley in Lake Bethany or Turtlewalk. Water access to Assawoman Canal for a kayaking adventure. Furnishing are negotiable. This house is shown with pride - don't miss it!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Oven - Self Cleaning, Washer, Water Conditioner - Owned, Water Heater
  • Flooring Type: Carpet, Laminated, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Dining, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1868
  • Living Area Sq Ft: 1868
  • Net Sq Ft: 1868.00
  • Price Per Sq Ft: 155.19
  • Above Grade Finished Sq Ft: 1868
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 32563

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 276.00
  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 276.00
  • Water Source: Well
  • Municipal Trash: Yes

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

  • Fencing: Partially
  • Lot Features: Irregular, Landscaping, Partly Wooded
  • Lot Size Acres: 0.50
  • Lot Size Area: 1
  • Lot Dimensions: Irregular
  • Lot Size Units: Acres
  • Lot Sq Ft: 21780.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Zoning Description: MEDIUM RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5108186
  • Assessor Parcel Number: 134-13.00-709.00
  • County Tax Payment Frequency: Annually
  • Close Date: 05/02/2016

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2015
Closed on
May 2, 2016
Sold by
Lamb Lamb and Lamb Pamela A
Bought by
Sherman Andrew and Sherman Ceceilia
Seller's Agent
Joanne Young
Compass
Buyer's Agent
Miguel Montalvo
Keller Williams Realty
List Price
$314,900
Sold Price
$265,000
Premium/Discount to List
-$49,900
-15.85%
Total Days on Market
205
Current Estimated Value
$456,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,639
Avg. Annual Appreciation
6.69%
Original Mortgage
$212,000
Outstanding Balance
$171,292
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$304,715

Purchase Details

Closed on
Sep 17, 2001
Bought by
Lamb Peter J and Lamb Pamela A

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
Sherman Andrew $265,000 None Available
Lamb Peter J $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Andrew $212,000
Previous Owner Lamb Pamela A $180,000
Previous Owner Lamb Pamela A $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $265,000 -15.8% $142 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
08/19/2015 08/19/15 For Sale $314,900 -- $169 / 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
2024 $1,212 $24,900 $5,000 $19,900
2023 $1,210 $24,900 $5,000 $19,900
2022 $1,194 $24,900 $5,000 $19,900
2021 $1,164 $24,900 $5,000 $19,900
2020 $1,166 $24,900 $5,000 $19,900
2019 $1,161 $24,900 $5,000 $19,900
2018 $1,171 $24,900 $0 $0
2017 $1,178 $24,900 $0 $0
2016 $1,066 $24,900 $0 $0
2015 $768 $24,900 $0 $0
2014 $755 $24,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001009414

Bright MLS

APN: 134-13.00-709.00