NOT LISTED FOR SALE

38682 Burbage Ln Ocean View, DE 19970

Estimated Value: $1,069,000 - $1,227,000

3 Beds
2 Baths
2,500 Sq Ft
$466/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $287,000 $115 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $6,400/month

Highlights

  • Bay View
  • Property fronts the bay but unit may not have water views
  • Wood Flooring
  • Lord Baltimore Elementary School Rated A-
  • Rambler Architecture
  • 1 Fireplace

About This Home

As of June 2020

If you want a beautiful sunset and a peaceful setting every night, this is the place for you. The sunset from the front porch made the cover of Delaware Beach Life. This well kept 3 Bedroom, 2 Bath home with full basement comes with deeded water access. Recent updates throughout the home signify the care and comfort that has been put into this valuable seaside retreat. The private road and nice neighborhood allow for a peaceful setting within close proximity that all the area has to offer.

Last Agent to Sell the Property

Mark D'ambrogi

(302) 542-2425 markd@crowleyrealestate.com Crowley Associates Realty Listed on: 06/12/2019

Last Buyer's Agent

GEORGE COLE JR.

(904) 347-9589 bethanybikeshop@hotmail.com Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $623

Year Built

  • Built in 1963

Lot Details

  • 9,178 Sq Ft Lot
  • Lot Dimensions are 90.00 x 102.00
  • Property fronts the bay but unit may not have water views

Parking

  • Off-Street Parking

Property Views

  • Bay
  • Panoramic

Home Design

  • Rambler Architecture
  • Traditional Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Shingle Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outbuilding

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Well

Community Details

  • No Home Owners Association
  • Pineshore Acres Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 134-5.00-217.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$623

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Twin Beds in Basement, Sofa and Recliner in Basement, Washer and Dryer, TV and Speakers in Living Room and Dining Room, Water Softener, Central Vacuum, TV in Basement
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1963
  • Remarks Public: If you want a beautiful sunset and a peaceful setting every night, this is the place for you. The sunset from the front porch made the cover of Delaware Beach Life. This well kept 3 Bedroom, 2 Bath home with full basement comes with deeded water access. Recent updates throughout the home signify the care and comfort that has been put into this valuable seaside retreat. The private road and nice neighborhood allow for a peaceful setting within close proximity that all the area has to offer.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet, Tile/Brick
  • Fireplaces Count: 1
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Basement
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 235.00
  • Above Grade Finished Sq Ft: 1400
  • Below Grade Finished Sq Ft: 1100
  • Total Below Grade Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38682

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: Frame, Shingle Siding
  • Exterior Features: Outbuilding(s), Outside Shower
  • Roof: Architectural Shingle
  • Spa: No
  • View: Bay, Panoramic, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 12150.00
  • Land Assessed Value: 4500.00
  • Land Use Code: RS
  • Lot Size Acres: 0.21
  • Lot Dimensions: 90.00 x 102.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9178.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5122941
  • School Tax: 549.00
  • Tax Annual Amount: 623.00
  • Assessor Parcel Number: 134-5.00-217.00
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 1332
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 06/05/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2012
Sold by
Ruback William F and Ruback James M
Bought by
Shawn Thomas K and Shawn Tracy L
Current Estimated Value
$1,165,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Outstanding Balance
$297,103
Interest Rate
3.36%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$868,687

Purchase Details

Closed on
Dec 27, 2012
Sold by
Ruback William F and Ruback James M
Bought by
Shawn Thomas K and Shawn Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Outstanding Balance
$297,103
Interest Rate
3.36%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$868,687
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
Shawn Thomas K $570,000 --
Shawn Thomas K $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shawn Thomas K $427,500
Closed Shawn Thomas K $427,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $287,000 -12.8% $115 / Sq Ft
04/19/2020 04/19/20 Pending -- -- --
01/07/2020 01/07/20 Price Changed $329,000 -2.9% $132 / Sq Ft
12/02/2019 12/02/19 Price Changed $339,000 -2.9% $136 / Sq Ft
09/30/2019 09/30/19 Price Changed $349,000 -4.4% $140 / Sq Ft
08/27/2019 08/27/19 Price Changed $365,000 -3.7% $146 / Sq Ft
08/09/2019 08/09/19 Price Changed $379,000 -2.6% $152 / Sq Ft
06/24/2019 06/24/19 Price Changed $389,000 -7.2% $156 / Sq Ft
06/12/2019 06/12/19 For Sale $419,000 -- $168 / 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 $2,341 $27,450 $5,250 $22,200
2024 $1,135 $27,450 $5,250 $22,200
2023 $1,134 $27,450 $5,250 $22,200
2022 $1,115 $27,450 $5,250 $22,200
2021 $1,082 $27,450 $5,250 $22,200
2020 $1,033 $27,450 $5,250 $22,200
2019 $1,028 $27,450 $5,250 $22,200
2018 $1,038 $27,450 $0 $0
2017 $1,047 $27,450 $0 $0
2016 $922 $27,450 $0 $0
2015 $951 $27,450 $0 $0
2014 $936 $27,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU140714

Bright MLS

APN: 134-17.20-50.00