NOT LISTED FOR SALE

38511 Velta Dr Ocean View, DE 19970

Estimated Value: $348,594 - $558,000

2 Beds
2 Baths
1,232 Sq Ft
$375/Sq Ft Est. Value

Last Sold December 03, 2012

Last sale price $209,000 $170 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,536/month

Highlights

  • Deck
  • Wood Burning Stove
  • Wood Flooring
  • Lord Baltimore Elementary School Rated A-
  • Rambler Architecture
  • Whirlpool Bathtub

About This Home

As of December 2012

Mint condition rancher only 1.5 miles to sandy beaches, 2 car detached garage, paved drive, sidewalks, mature landscaping, fresh paint, remodeled kitchen, pergo/carpet floors,Great rm could be 3rd bed (very large)@ a minimal cost,click camera above for pics they say 1000 words. Great 2nd home/rental

Last Agent to Sell the Property

JOSEPH CHOMA

(302) 381-5602 joechoma@deweybeachhomesales.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0015525 Listed on: 08/07/2012

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Carol Materniak

(302) 542-0228 Carol.Materniak@LongandFoster.com Long & Foster Real Estate, Inc. License #RA0003353

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,009

Year Built

  • Built in 1997

Lot Details

  • Landscaped
  • Cleared Lot

Home Design

  • Rambler Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • Property has 1 Level
  • Whole House Fan
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Great Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Storm Doors
  • Attic

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Electric Dryer
  • Washer

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Ramp on the main level

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Ocean Way Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-316.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,009

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Rambler, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1997
  • Remarks Public: Mint condition rancher only 1.5 miles to sandy beaches, 2 car detached garage, paved drive, sidewalks, mature landscaping, fresh paint, remodeled kitchen, pergo/carpet floors,Great rm could be 3rd bed (very large)@ a minimal cost,click camera above for pics they say 1000 words. Great 2nd home/rental
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Conditioner - Owned, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic, Combination Kitchen/Dining, Ceiling Fan(s), Whirlpool/Hottub, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Great Room, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 38511

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Modular/Manufactured, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Whole House Fan
  • Heating Fuel: Electric, Wood
  • Heating Type: Baseboard, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Well, Filter

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Features: Cleared, Landscaping
  • Outdoor Living Structures: Deck(s)

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5113551
  • Assessor Parcel Number: 134-17.00-316.00
  • County Tax Payment Frequency: Annually
  • Close Date: 12/03/2012

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2023
Sold by
Cowger Richard James
Bought by
Warrington Amber Lynn and Schofield Brandy Lynn
Current Estimated Value
$462,399

Purchase Details

Listed on
Aug 7, 2012
Closed on
Nov 28, 2012
Sold by
Zambeno Carmen A and Zambeno Helen P
Bought by
Cowger Richard James
Seller's Agent
JOSEPH CHOMA
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Carol Materniak
Long & Foster Real Estate, Inc.
List Price
$209,000
Sold Price
$209,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$80,000
Interest Rate
3.44%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Warrington Amber Lynn -- None Listed On Document
Cowger Richard James $209,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cowger Richard James $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2012 12/03/12 Sold $209,000 0.0% $170 / Sq Ft
10/07/2012 10/07/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $209,000 -- $170 / 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 $1,009 $19,950 $3,000 $16,950
2024 $729 $19,950 $3,000 $16,950
2023 $728 $19,950 $3,000 $16,950
2022 $495 $19,950 $3,000 $16,950
2021 $479 $19,950 $3,000 $16,950
2020 $458 $19,950 $3,000 $16,950
2019 $444 $19,950 $3,000 $16,950
2018 $454 $19,950 $0 $0
2017 $761 $19,950 $0 $0
2016 $555 $16,150 $0 $0
2015 $559 $16,150 $0 $0
2014 $542 $15,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001336686

Bright MLS

APN: 134-17.00-316.00