NOT LISTED FOR SALE

34802 Atlantic Ave Ocean View, DE 19970

Ocean View Area

Estimated Value: $372,232

22.5 Acres
$16,544 Price per Acre
980,100 Sq Ft Lot

Sale Details

Date Sold: June 21, 2022

Last sale price $1,520,000

Current estimated payment $2,157 / mo

747 Days on Market

Highlights

  • Horses Allowed On Property
  • 22.5 Acre Lot
  • No HOA
  • Lord Baltimore Elementary School Rated A-
  • Partially Wooded Lot
  • Garage

About This Lot

As of June 2022

An investment opportunity offering approx. 22.5 acres w/central sewer that includes almost 10 acres w/B1 zoning. Frontage on Rt 26 in 2 locations & no town taxes.

Last Agent to Sell the Property

Michael Wilgus

(302) 539-7511 mwilgus@wilgusassociates.com WILGUS ASSOCIATES B Listed on: 06/14/2019

Last Buyer's Agent

Michael Wilgus

(302) 539-7511 mwilgus@wilgusassociates.com WILGUS ASSOCIATES B Listed on: 06/14/2019

Property Details

Property Type

  • Land

Lot Details

  • 22.5 Acre Lot
  • Irregular Lot
  • Partially Wooded Lot
  • Impact Fee Building Permits
  • Property is zoned AR1, B1

Parking

  • Garage

Additional Features

  • Flood Risk
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 134-11.00-180.00

Property Details

Property Type

Land

Lot Details

22.5 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Federal Flood Insurance: Yes
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.55

Exterior Features

  • Other Structures List: Garage(s)
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Crops Included: No
  • Lot Features: Irregular, Partly Wooded
  • Lot Size Acres: 22.50
  • Lot Dimensions: irregular shape
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 980100.00
  • Zoning: AR1, B1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5101886
  • Assessor Parcel Number: 134-11.00-180.00
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jun 20, 2022
Sold by
Bought by
Seller's Agent
Michael Wilgus
WILGUS ASSOCIATES B
Buyer's Agent
Michael Wilgus
WILGUS ASSOCIATES B
List Price
$1,687,500
Sold Price
$1,520,000
Premium/Discount to List
-$167,500
-9.93%
Current Estimated Value
$372,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,147,768
Original Mortgage
$300,000
Interest Rate
0.053%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2012
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,520,000 Morris James Llp
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,500,000
Closed $1,000,000
Closed $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/21/2022 06/21/22 Sold $1,520,000 0.0% --
06/30/2021 06/30/21 Pending -- -- --
09/28/2020 09/28/20 Price Changed $1,520,000 -9.9% --
11/04/2019 11/04/19 For Sale $1,687,500 0.0% --
06/14/2019 06/14/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $1,687,500 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,358 $16,850 $2,500 $14,350
2024 $747 $16,850 $2,500 $14,350
2023 $746 $16,850 $2,500 $14,350
2022 $735 $16,850 $2,500 $14,350
2021 $50 $16,850 $2,500 $14,350
2020 $50 $16,850 $2,500 $14,350
2019 $50 $16,850 $2,500 $14,350
2018 $100 $16,850 $0 $0
2017 $50 $16,850 $0 $0
2016 $50 $16,850 $0 $0
2015 $50 $16,850 $0 $0
2014 $50 $16,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Wilgus

    Seller's Agent in 2022

    Michael Wilgus

    WILGUS ASSOCIATES B

    (302) 539-7511

    1 in this area

    2 Total Sales

    Michael Wilgus
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Map

Source: Bright MLS

MLS Number: DESU142380

Bright MLS

APN: 134-11.00-180.00

Delaware Sussex County Ocean View 19939

34802 Atlantic Ave, Ocean View, DE

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