$90,000
SOLD MAY 10, 2021

37120 Pinewood Rd Ocean View, DE 19970

0.18 Acre
$500,000 Price per Acre
7,841 Sq Ft Lot

Recently Sold

7% Below List Price

Highlights

  • Partially Wooded Lot
  • Lord Baltimore Elementary School Rated A-
  • No HOA

About This Lot

As of January 2022

Private building lot in Ocean View WITH SEWER AND WATER HOOKUPS ALREADY IN PLACE!! A cleared area in the center of the lot (a home was removed from the lot in 2019) is a great starting place to build a new manufactured, modular, or stick-built home - all are allowed in this community. A great bonus in this community - WATER RIGHTS AT BANKS HARBOR MARINA, just a short distance away. This allows an owner in the community to use the boat ramp and to rent boat slips if any are available. Low HOA fees of only $150 per year, a location close to water and boat ramp, and only a 15 minute drive to the beach make this lot a perfect building location.

Last Agent to Sell the Property

Dayna Feher

(443) 783-0727 dayna@beachhomesde.com Keller Williams Realty License #524093 Listed on: 04/06/2021

Keller Williams Realty

Last Buyer's Agent

Ruslana Stoykova

(302) 727-8661 ruslana.realtor@gmail.com The Real Agency License #RB-0031334

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $118

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 49.00 x 168.00
  • Partially Wooded Lot
  • Property is zoned GR

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Denton Woods Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 134-08.00-336.00

Property Details

Property Type

Land

Est. Annual Taxes

$118

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Private building lot in Ocean View WITH SEWER AND WATER HOOKUPS ALREADY IN PLACE!! A cleared area in the center of the lot (a home was removed from the lot in 2019) is a great starting place to build a new manufactured, modular, or stick-built home - all are allowed in this community. A great bonus in this community - WATER RIGHTS AT BANKS HARBOR MARINA, just a short distance away. This allows an owner in the community to use the boat ramp and to rent boat slips if any are available. Low HOA fees of only $150 per year, a location close to water and boat ramp, and only a 15 minute drive to the beach make this lot a perfect building location.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 12.37
  • Street Number Modifier: 37120

Exterior Features

  • 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
  • Utilities: Cable Tv Available, Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Features: Partly Wooded
  • Lot Size Acres: 0.18
  • Lot Dimensions: 49.00 x 168.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Year Assessed: 2020
  • Zoning: GR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5125270
  • School Tax: 104.00
  • Tax Annual Amount: 118.00
  • Assessor Parcel Number: 134-08.00-336.00
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/10/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jan 26, 2022
Sold by
Jaymo Holdings Llc
Bought by
Lehoe Christopher D and Lehoe Diane B
Seller's Agent
Ruslana Stoykova
The Real Agency
Buyer's Agent
Ruslana Stoykova
The Real Agency
List Price
$299,990
Sold Price
$280,000
Premium/Discount to List
-$19,990
-6.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$167,164
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2021
Closed on
May 10, 2021
Sold by
Binnix Wendy
Bought by
Jaymo Holdings Llc
Seller's Agent
Dayna Feher
Keller Williams Realty
Buyer's Agent
Ruslana Stoykova
The Real Agency
List Price
$97,000
Sold Price
$90,000
Premium/Discount to List
-$7,000
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
383.73%

Purchase Details

Closed on
Dec 8, 2001
Bought by
Binnix Wendy
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $280,000 Bonnie M Benson Pa
Deed $90,000 None Available
Deed $58,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $280,000 -1.7% $200 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
05/24/2021 05/24/21 Price Changed $284,900 -3.4% $204 / Sq Ft
05/19/2021 05/19/21 Price Changed $294,900 -1.7% $211 / Sq Ft
05/14/2021 05/14/21 For Sale $299,990 +233.3% $214 / Sq Ft
05/10/2021 05/10/21 Sold $90,000 -7.2% --
04/16/2021 04/16/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $97,000 -- --
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 $801 $10,950 $3,150 $7,800
2024 $813 $10,950 $3,150 $7,800
2023 $827 $10,950 $3,150 $7,800
2022 $801 $10,950 $3,150 $7,800
2021 $351 $10,950 $3,150 $7,800
2020 $364 $10,950 $3,150 $7,800
2019 $656 $10,950 $3,150 $7,800
2018 $660 $10,950 $0 $0
2017 $417 $10,950 $0 $0
2016 $647 $10,950 $0 $0
2015 $658 $10,950 $0 $0
2014 $652 $10,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU180566

Bright MLS

APN: 134-08.00-336.00