$398,000
SOLD AUG 23, 2024

35109 Elk Rd Ocean View, DE 19970

3 Beds
2 Baths
1,320 Sq Ft
0.3 Acres

Recently Sold

$302 Per Sq Ft

2% Above List Price

71 Days on Market

Highlights

  • New Construction
  • Rambler Architecture
  • Stainless Steel Appliances
  • Lord Baltimore Elementary School Rated A-
  • No HOA
  • Energy-Efficient Appliances

About This Home

As of August 2024

Beautiful new construction in Ocean View, ONLY 5 MILES FROM BETHANY BEACH and close to all the Delaware, Maryland beaches and shopping but the quiet setting allows you to get away from it all when you want peace and quiet. No restrictions so It's perfect for Air BnB, long term rental incoming producing property or family beach home. The home features 3 bedrooms 2 full baths with an open floor plan. Stainless appliances, premium flooring, granite countertops, rear deck, front patio and a large tree lined back yard for privacy and space are just a few of the features that went into this home. Some pictures of similar model included to show the finishes the home will have. Just a few finishing touches remain on this brand-new home. Schedule you're showing before it's too late!!

Last Agent to Sell the Property

Jeff Kemp

EXP Realty, LLC License #5009418 Listed on: 05/10/2024

EXP Realty, LLC

Last Buyer's Agent

SARAH FRENCH

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $456

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 106.00 x 125.00
  • Property is in excellent condition
  • Property is zoned MR

Home Design

  • Rambler Architecture
  • Advanced Framing

Interior Spaces

  • 1,320 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Eco-Friendly Details

  • Energy-Efficient Appliances

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Howard Manor Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 134-11.00-570.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$456

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful new construction in Ocean View, ONLY 5 MILES FROM BETHANY BEACH and close to all the Delaware, Maryland beaches and shopping but the quiet setting allows you to get away from it all when you want peace and quiet. No restrictions so It's perfect for Air BnB, long term rental incoming producing property or family beach home. The home features 3 bedrooms 2 full baths with an open floor plan. Stainless appliances, premium flooring, granite countertops, rear deck, front patio and a large tree lined back yard for privacy and space are just a few of the features that went into this home. Some pictures of similar model included to show the finishes the home will have. Just a few finishing touches remain on this brand-new home. Schedule you're showing before it's too late!!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Energy Efficient Appliances, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1320
  • Living Area Sq Ft: 1320
  • Price Per Sq Ft: 299.23
  • Above Grade Finished Sq Ft: 1320
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 35109

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Advanced Framing
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.30
  • Lot Dimensions: 106.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 74.00
  • Tax Annual Amount: 83.00
  • Assessor Parcel Number: 134-11.00-570.00
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/23/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Aug 23, 2024
Sold by
Varc Investments Llc
Bought by
Schmidt Vicki Ann and Olsen Kent Ipsen
Seller's Agent
Jeff Kemp
EXP Realty, LLC
Buyer's Agent
SARAH FRENCH
Long & Foster Real Estate, Inc.
List Price
$389,990
Sold Price
$398,000
Premium/Discount to List
$8,010
2.05%
Views
128
Current Estimated Value
$351,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,827
Avg. Annual Appreciation
-13.06%
Original Mortgage
$173,000
Outstanding Balance
$171,968
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$176,478

Purchase Details

Closed on
Feb 3, 2023
Sold by
Wheatley Thelma
Bought by
Varc Investments Llc

Purchase Details

Closed on
Oct 18, 2012
Sold by
Howard E Cleaver Inc
Bought by
Wheatley Thelma
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

Date Type Sale Price Title Company
Deed $398,000 None Listed On Document
Deed $185,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $173,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $398,000 +0.8% $302 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
05/11/2024 05/11/24 Price Changed $394,990 +1.3% $299 / Sq Ft
05/10/2024 05/10/24 For Sale $389,990 -- $295 / 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 $456 $2,000 $2,000 $0
2023 $84 $2,000 $2,000 $0
2022 $82 $2,000 $2,000 $0
2021 $80 $2,000 $2,000 $0
2020 $76 $2,000 $2,000 $0
2019 $76 $2,000 $2,000 $0
2018 $77 $2,000 $0 $0
2017 $77 $2,000 $0 $0
2016 $68 $2,000 $0 $0
2015 $70 $2,000 $0 $0
2014 $69 $2,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2062216

Bright MLS

APN: 134-11.00-570.00