NOT LISTED FOR SALE

409 Katie St Ocean View, DE 19970

Estimated Value: $326,000 - $465,000

3 Beds
2 Baths
1,232 Sq Ft
$308/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $371,305 $301 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,215/month

7 Days on Market

Highlights

  • 0.5 Acre Lot
  • Rambler Architecture
  • Central Heating and Cooling System
  • Lord Baltimore Elementary School Rated A-
  • 2 Car Detached Garage

About This Home

As of February 2024

Welcome to your coastal retreat! This charming 3-bedroom, 2-bathroom home in Ocean View is perfectly situated near the serene beauty of the ocean and bay. The property boasts a spacious 2-car detached garage, providing ample parking and storage space. While the house is in need of some updating, it offers great potential to become your dream coastal haven. Newer windows have been installed on the front, with the opportunity to complete the installation. The heating and central air conditioning systems are newer, ensuring comfort year-round. A delightful sunroom addition off the rear of the home adds a touch of warmth, heated by propane for cozy relaxation. The property features a large shed in the rear with power, offering additional storage or workspace options. Siding in the front of the home has been replaced, enhancing the exterior's aesthetics. The property is on sewer and private well, public water is available. The property is being sold AS-IS to settle the estate, providing a unique opportunity for customization and personalization. Seize the chance to make this home your own, surrounded by the natural beauty of the ocean and bay. Embrace coastal living in this peaceful and inviting community. Don't miss out on this incredible opportunity – schedule your viewing today!

Last Listed By

Carol Quattrociocchi

EXP Realty, LLC License #5219048 Listed on: 01/19/2024

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1978

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 146.00 x 150.00
  • Property is zoned MR

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Aluminum Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • Murrays Estates Subdivision

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 134-09.00-361.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$781

Year Built

Built in 1978

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1978
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1232
  • Living Area Sq Ft: 1232
  • Price Per Sq Ft: 284.09
  • Above Grade Finished Sq Ft: 1232
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 409

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: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.50
  • Lot Dimensions: 146.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Year Assessed: 2023
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 697.00
  • Tax Annual Amount: 781.00
  • Assessor Parcel Number: 134-09.00-361.00
  • Tax Lot: 76
  • Tax Total Finished Sq Ft: 1232
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 02/29/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Feb 29, 2024
Sold by
Knothe Charles S and Skinter Jean A
Bought by
Foster Aaron
Seller's Agent
Carol Quattrociocchi
EXP Realty, LLC
Buyer's Agent
Nikki Rose
Keller Williams Realty Delmarva
List Price
$350,000
Sold Price
$371,305
Premium/Discount to List
$21,305
6.09%
Total Days on Market
7
Views
52
Current Estimated Value
$380,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,723
Avg. Annual Appreciation
1.98%
Original Mortgage
$162,800
Outstanding Balance
$160,875
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$219,210

Purchase Details

Closed on
Nov 1, 1996
Bought by
Skinter Jean A

Range of Values:

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Average Value
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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
Foster Aaron $371,305 None Listed On Document
Skinter Jean A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Aaron $162,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $371,305 +6.1% $301 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/25/2024 01/25/24 Off Market $350,000 -- --
01/19/2024 01/19/24 For Sale $350,000 -- $284 / 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 $945 $18,900 $3,000 $15,900
2023 $670 $18,900 $3,000 $15,900
2022 $653 $18,900 $3,000 $15,900
2021 $637 $18,900 $3,000 $15,900
2020 $634 $18,900 $3,000 $15,900
2019 $640 $18,900 $3,000 $15,900
2018 $638 $18,900 $0 $0
2017 $641 $18,900 $0 $0
2016 $605 $18,900 $0 $0
2015 $614 $18,900 $0 $0
2014 $604 $18,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2054604

Bright MLS

APN: 134-09.00-361.00