NOT LISTED FOR SALE

32659 E Riga Dr Ocean View, DE 19970

Estimated Value: $535,000 - $648,000

5 Beds
2.5 Baths
2,927 Sq Ft
$209/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $345,000 $118 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,337/month

48 Days on Market

Highlights

  • Waterfront
  • Coastal Architecture
  • Main Floor Bedroom
  • Lord Baltimore Elementary School Rated A-
  • Vaulted Ceiling
  • Attic

About This Home

As of September 2017

Opportunity Knocks! 5BR 2.5BA home located less than 2 miles to the Bethany Beach boardwalk and just a short walk to the convenient Bethany Beach Trolley Stop. Situated on the Assawoman Canal in sought after Ocean Way Estates this property offers so much. Easy access to canal! 1st floor offers a formal dining room and living room, both of which can be easily converted into bedrooms/office. Great room with vaulted ceiling and 2-sided gas fireplace opens to an expansive eat-in kitchen with buffet, pantry, storage closet, bathroom, and butlers pantry with access to the over sized rear screen porch perfect for entertaining. Garage, laundry room, and a bedroom. 2nd floor features a grand owner's suite with raised fireplace, separate shower and jetted tub and three additional bedrooms. Whole House Reverse Osmosis System. Outdoor shower and shed for beach storage. This home has potential to be a 7BR home providing an excellent investment with high rental potential.

Last Agent to Sell the Property

Shannon Smith

(302) 539-2900 shannonsmith@northroprealty.com Northrop Realty License #RA0020415 Listed on: 06/20/2017

Northrop Realty

Last Buyer's Agent

GEORGE COLE

(302) 542-4564 geobcole@verizon.net Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75x135
  • Waterfront
  • Landscaped
  • Cleared Lot
  • Zoning described as MEDIUM RESIDENTIAL

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stick Built Home

Interior Spaces

  • 2,927 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Great Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near a canal
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • Ocean Way Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-281.00

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2002
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Pantry, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Great Room, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2927
  • Living Area Sq Ft: 2927
  • Net Sq Ft: 2927.00
  • Price Per Sq Ft: 126.41
  • Above Grade Finished Sq Ft: 2927
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Brick
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Shingle, Asphalt
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Cleared, Landscaping
  • Lot Size Acres: 0.28
  • Lot Size Area: 12276
  • Lot Dimensions: 75x135
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12276.00
  • Outdoor Living Structures: Porch(es), Screened
  • Zoning Description: MEDIUM RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5108149
  • Assessor Parcel Number: 134-17.00-281.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2020
Sold by
Katherine T Cole Ret
Bought by
Cole Charles W
Current Estimated Value
$612,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$265,186
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$347,112

Purchase Details

Listed on
Jun 20, 2017
Closed on
Sep 12, 2017
Sold by
Zullo Beth A
Bought by
Rev Trust Agreement Of Katherine T Cole
Seller's Agent
Shannon Smith
Northrop Realty
Buyer's Agent
GEORGE COLE
Berkshire Hathaway HomeServices PenFed Realty
List Price
$370,000
Sold Price
$345,000
Premium/Discount to List
-$25,000
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%

Purchase Details

Closed on
Jul 31, 2000
Bought by
Zullo Salvatore S and Zullo Beth A
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
Cole Charles W -- None Available
Rev Trust Agreement Of Katherine T Cole $345,000 None Available
Zullo Salvatore S $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Charles W $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $345,000 -6.8% $118 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $370,000 -- $126 / 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 $1,312 $34,000 $3,000 $31,000
2024 $1,554 $34,000 $3,000 $31,000
2023 $1,553 $34,000 $3,000 $31,000
2022 $1,530 $34,000 $3,000 $31,000
2021 $1,489 $34,000 $3,000 $31,000
2020 $1,463 $34,000 $3,000 $31,000
2019 $1,445 $34,000 $3,000 $31,000
2018 $1,457 $34,000 $0 $0
2017 $1,468 $34,000 $0 $0
2016 $1,314 $34,000 $0 $0
2015 $1,349 $34,000 $0 $0
2014 $1,331 $34,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001375030

Bright MLS

APN: 134-13.00-676.00