NOT LISTED FOR SALE

5 Captains Ct Unit 2 Ocean View, DE 19970

Estimated Value: $322,000 - $339,825

0.5 Acre
$658,912 Price per Acre
21,780 Sq Ft Lot

Last Sold May 08, 2020

Last sale price $99,000

Est. 233% increase in value since last sale

Current estimated payment $1,756/month

2 Days on Market

Highlights

  • Water Oriented
  • 0.5 Acre Lot
  • No HOA
  • Lord Baltimore Elementary School Rated A-
  • Canal View
  • Bike Trail

About This Lot

As of May 2020

Back on the Market and Reduced for Quick sale. Abutting new Assawoman Canal walking path. Canal View Lot Just Minutes From Downtown Bethany And 2 miles to the The Beach. Ready to Build in a Small Private Community. Public Water/Sewer. Impact fees to be reimbursed by Buyer. Owner is a licensed Real Estate Broker. Buyer responsible for all impact fees. Property will be be Deed restricted by Seller for Stick Built or Modular homes only. No Mobile Homes.

Last Agent to Sell the Property

Joseph Maggio

(302) 426-2080 joe@maggiorealty.com Dave McCarthy & Associates, Inc. License #RA-0020900 Listed on: 03/03/2020

Co-Listed By

Kim Hitchens

(302) 426-2080 kimhitchens@reinrb.com Dave McCarthy & Associates, Inc. License #RS-0014663

Last Buyer's Agent

Rose Walker

(302) 257-5555 rose@rosesbythesea.com 1ST CHOICE PROPERTIES LLC License #RS-0013448

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $247

Lot Details

  • 0.5 Acre Lot
  • Cleared Lot

Property Views

  • Canal Views

Utilities

  • Public Hookup Available For Sewer
  • Site Evaluation on File

Listing and Financial Details

  • Assessor Parcel Number 134-12.00-592.02

Community Details

Overview

  • No Home Owners Association
  • Captains Place Subdivision

Recreation

  • Bike Trail
  • Water Oriented
  • Property is near a canal

Property Details

Property Type

Land

Est. Annual Taxes

$247

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
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 4.55

Exterior Features

  • Construction Completed: No
  • View: Canal
  • Water Access: No
  • Water Body Type: Canal
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Site Evaluation On File, Public Sewer, Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail
  • HOA: No
  • Association Recreation Fee: No

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21777.00
  • Zoning: RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5105537
  • Tax Annual Amount: 247.00
  • Assessor Parcel Number: 134-12.00-592.02

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Jul 4, 2020
Sold by
Keen Betty J
Bought by
Horton Karen E and Horton Christopher L
Seller's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
Buyer's Agent
Rose Walker
1ST CHOICE PROPERTIES LLC
List Price
$109,900
Sold Price
$99,000
Premium/Discount to List
-$10,900
-9.92%
Current Estimated Value
$329,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,456
Avg. Annual Appreciation
23.39%
Original Mortgage
$89,100
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 3, 2020
Closed on
May 8, 2020
Sold by
Maggio Joseph S
Bought by
Horton Karen E and Horton Christopher L
Seller's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
Buyer's Agent
Rose Walker
1ST CHOICE PROPERTIES LLC
List Price
$109,900
Sold Price
$99,000
Premium/Discount to List
-$10,900
-9.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,100
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 5, 2014
Bought by
Maggio Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
4.42%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Horton Karen E -- None Available
Horton Karen E $99,000 None Available
Maggio Joseph S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horton Karen E $89,100
Previous Owner Maggio Joseph S $110,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2020 05/08/20 Sold $99,000 -9.9% --
03/05/2020 03/05/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $109,900 -- --
Source: Bright MLS

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 $533 $3,000 $3,000 $0
2024 $124 $3,000 $3,000 $0
2023 $124 $3,000 $3,000 $0
2022 $122 $3,000 $3,000 $0
2021 $118 $3,000 $3,000 $0
2020 $111 $3,000 $3,000 $0
2019 $156 $3,000 $3,000 $0
2018 $157 $3,000 $0 $0
2017 $158 $3,000 $0 $0
2016 $144 $3,000 $0 $0
2015 $147 $3,000 $0 $0
2014 $146 $3,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU157374

Bright MLS

APN: 134-12.00-592.02