NOT LISTED FOR SALE

32599 E Riga Dr Ocean View, DE 19970

Estimated Value: $441,000 - $533,000

3 Beds
2.5 Baths
1,800 Sq Ft
$273/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $423,500 $235 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,829/month

21 Days on Market

Highlights

  • 0.99 Acre Lot
  • Deck
  • Main Floor Bedroom
  • Lord Baltimore Elementary School Rated A-
  • Rambler Architecture
  • No HOA

About This Home

As of October 2021

A rare find……waterfront home situated on almost a full acre bordering the town of Bethany
Beach. This home is nestled directly on the Assawoman Canal in the quiet community of
Ocean Way Estates, which is located only 1.5 miles from the beach and boardwalk and backs
up to the community of Turtle Walk in Bethany. Where else can you find this much land in this
location? You can even launch a kayak, canoe, or paddle board right from your own backyard!
Home is just steps from the Bethany Beach Trolley stop, making it easy to walk, bike, or trolley
to the beach, shopping, or your favorite restaurants. The large horseshoe driveway allows
plenty of space for your out-of-town guests. Bring your imagination to make this 3 BR, 2.5 BR
rancher your dream beach home! Property being sold AS-IS, WHERE-IS, no guarantees or warranties. Inspections will be at the Buyer's expense and for informational purposes only.

Last Listed By

Russell Griffin

Keller Williams Realty License #RA-0020424 Listed on: 08/31/2021

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $887

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 121.00 x 358.00
  • Cleared Lot
  • Back and Front Yard
  • Property is zoned MR

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Circular Driveway

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 1 Level
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Entrance Foyer
  • Family Room
  • Living Room
  • Utility Room
  • Carpet
  • Crawl Space

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Porch

Schools

  • Indian River High School

Utilities

  • Heating Available
  • Well

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Community Details

  • No Home Owners Association
  • Ocean Way Estates Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 134-13.00-668.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$887

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: A rare find……waterfront home situated on almost a full acre bordering the town of Bethany Beach. This home is nestled directly on the Assawoman Canal in the quiet community of Ocean Way Estates, which is located only 1.5 miles from the beach and boardwalk and backs up to the community of Turtle Walk in Bethany. Where else can you find this much land in this location? You can even launch a kayak, canoe, or paddle board right from your own backyard! Home is just steps from the Bethany Beach Trolley stop, making it easy to walk, bike, or trolley to the beach, shopping, or your favorite restaurants. The large horseshoe driveway allows plenty of space for your out-of-town guests. Bring your imagination to make this 3 BR, 2.5 BR rancher your dream beach home! Property being sold AS-IS, WHERE-IS, no guarantees or warranties. Inspections will be at the Buyer's expense and for informational purposes only.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Cooktop, Oven - Wall, Trash Compactor
  • Interior Amenities: Carpet, Ceiling Fan(s), Crown Moldings, Entry Level Bedroom, Primary Bath(s), Recessed Lighting, Tub Shower
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Utility Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: No
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 222.17
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 32599

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Vinyl Siding
  • 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
  • Parking Features: Circular Driveway, Paved Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • 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
  • High School: INDIAN RIVER
  • High School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • High School: INDIAN RIVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 17500.00
  • Land Assessed Value: 5000.00
  • Land Use Code: RS
  • Lot Features: Cleared, Front Yard, Rear Yard
  • Lot Size Acres: 0.99
  • Lot Dimensions: 121.00 x 358.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43124.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Year Assessed: 2021
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5108140
  • School Tax: 787.00
  • Tax Annual Amount: 887.00
  • Assessor Parcel Number: 134-13.00-668.00
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/22/2021

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2023
Sold by
Ivey Tania Michelle
Bought by
Riga House Llc
Total Days on Market
21
Current Estimated Value
$491,154

Purchase Details

Listed on
Aug 31, 2021
Closed on
Oct 21, 2021
Sold by
Kline Shanna C and Kline Nicole E
Bought by
Kight Nathan M and Ivey Tania M
Seller's Agent
Russell Griffin
Keller Williams Realty
Buyer's Agent
Heidi Penuel
Keller Williams Realty
List Price
$399,900
Sold Price
$423,500
Premium/Discount to List
$23,600
5.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$317,625
Interest Rate
2.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 23, 2014
Sold by
Jayne Jayne
Bought by
Kline David

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
Riga House Llc -- None Listed On Document
Kight Nathan M $423,500 None Available
Kline David $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kight Nathan M $317,625
Previous Owner Kline David J $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $423,500 +5.9% $235 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $399,900 -- $222 / 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 $1,112 $22,500 $5,000 $17,500
2023 $1,111 $22,500 $5,000 $17,500
2022 $1,096 $22,500 $5,000 $17,500
2021 $1,069 $22,500 $5,000 $17,500
2020 $1,075 $22,500 $5,000 $17,500
2019 $1,072 $22,500 $5,000 $17,500
2018 $1,092 $22,500 $0 $0
2017 $1,099 $22,500 $0 $0
2016 $997 $22,500 $0 $0
2015 $1,068 $22,500 $0 $0
2014 $1,068 $22,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU184346

Bright MLS

APN: 134-13.00-668.00