NOT LISTED FOR SALE

32645 E Riga Dr Unit 8 A Ocean View, DE 19970

Estimated Value: $499,000 - $606,675

0.27 Acre
$1,989,515 Price per Acre
11,761 Sq Ft Lot

Last Sold July 20, 2017

Last sale price $100,000

Est. 437% increase in value since last sale

Current estimated payment $2,904/month

91 Days on Market

Highlights

  • Waterfront
  • Lord Baltimore Elementary School Rated A-
  • Canal View

About This Lot

As of July 2017

Extraordinary opportunity to build your dream home on this picturesque lot nestled along the Assawoman Canal. Boating and Crabbing at your back door. Short bike ride to the beach and no town taxes. WINNER!!

Last Agent to Sell the Property

Durwood Bennett

(302) 539-4011 durwood.bennett@gmail.com BENNETT REALTY License #RB-0002421 Listed on: 03/07/2017

Last Buyer's Agent

Ashley Brosnahan

(302) 841-4200 ashley@bethanybeach-homes.com Long & Foster Real Estate, Inc. License #RA-0031206

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 73 x 162
  • Waterfront
  • Cleared Lot
  • Impact Fee Building Permits
  • Zoning described as AGRICULTURAL/RESIDENTIAL

HOA Fees

  • $8 Monthly HOA Fees

Property Views

  • Canal Views

Utilities

  • Well Required
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-13.00-674.00

Community Details

Overview

  • Ocean Way Estates Subdivision

Recreation

  • Water Access
  • Property is near a canal

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 9.30

Exterior Features

  • Construction Completed: No
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer, Public Hook/Up Avail
  • Water Source: Well Required

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Cable
  • HOA: Yes
  • Association Recreation Fee: No

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.27
  • Lot Size Area: 11826
  • Lot Dimensions: 73 x 162
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11826.00
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5108147
  • Assessor Parcel Number: 134-13.00-674.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2017
Closed on
Jul 20, 2017
Sold by
Mcfarland Gregory and Keeley Laura P
Bought by
Brooks Diane E and Brooks Robert B
Seller's Agent
Durwood Bennett
BENNETT REALTY
Buyer's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
List Price
$115,900
Sold Price
$100,000
Premium/Discount to List
-$15,900
-13.72%
Current Estimated Value
$537,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,169
Avg. Annual Appreciation
22.19%

Purchase Details

Closed on
Jul 6, 2012
Sold by
Richardson Gerald B and Richardson Cynthia A
Bought by
Keeley Laura P and Mcfarland Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
3.76%

Purchase Details

Closed on
Jun 29, 2012
Sold by
Richardson Gerald B and Richardson Cynthia A
Bought by
Keeley Laura P and Mcfarland Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
3.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Brooks Diane E $200,000 None Available
Keeley Laura P $112,500 --
Keeley Laura P $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keeley Laura P $78,750
Previous Owner Keeley Laura P $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2017 07/20/17 Sold $100,000 -13.7% --
06/06/2017 06/06/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $115,900 -- --
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 $835 $3,000 $3,000 $0
2024 $717 $3,000 $3,000 $0
2023 $716 $3,000 $3,000 $0
2022 $696 $3,000 $3,000 $0
2021 $677 $3,000 $3,000 $0
2020 $690 $3,000 $3,000 $0
2019 $688 $3,000 $3,000 $0
2018 $680 $22,100 $0 $0
2017 $286 $3,000 $0 $0
2016 $273 $3,000 $0 $0
2015 $276 $3,000 $0 $0
2014 $273 $3,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Durwood Bennett

    BENNETT REALTY

    (302) 539-4011

    13 in this area

    44 Total Sales

    Durwood Bennett
    Section Image
  • Ashley Brosnahan

    Buyer's Agent in 2017

    Ashley Brosnahan

    Long & Foster

    (302) 841-4200

    97 in this area

    379 Total Sales

    Ashley Brosnahan
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001026850

Bright MLS

APN: 134-13.00-674.00

Delaware Sussex County Ocean View 19970

32645 E Riga Dr Unit 8 A, Ocean View, DE

Not Listed for Sale

Lots

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