NOT LISTED FOR SALE

5 Favata Place Ocean View, DE 19970

Estimated Value: $229,121 - $507,000

3 Beds
-- Bath
1,574 Sq Ft
$269/Sq Ft Est. Value

About This Home

This home is located at 5 Favata Place, Ocean View, DE 19970 and is currently estimated at $422,780, approximately $268 per square foot. 5 Favata Place is a home with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
Derr Michael F and Derr Gaelyn C
Bought by
Gaelyn Derr Revocable Trust
Current Estimated Value
$422,780

Purchase Details

Closed on
Jan 17, 2019
Sold by
Nvr Llc
Bought by
Derr Michael F and Derr Gaelyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,100
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2018
Sold by
Silverstock Wp Llc
Bought by
Nvr Inc

Purchase Details

Closed on
Jun 1, 1989
Bought by
Thornton Robert L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gaelyn Derr Revocable Trust -- None Listed On Document
Gaelyn Derr Revocable Trust -- None Listed On Document
Derr Michael F $323,875 --
Nvr Inc $97,500 --
Thornton Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derr Michael F $259,100
Source: Public Records

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 $1,019 $3,750 $3,750 $0
2024 $1,138 $3,750 $3,750 $0
2023 $1,138 $3,750 $3,750 $0
2022 $1,121 $3,750 $3,750 $0
2021 $1,072 $3,750 $3,750 $0
2020 $1,024 $3,750 $3,750 $0
2019 $604 $3,750 $3,750 $0
2018 $142 $3,750 $0 $0
2017 $143 $3,750 $0 $0
2016 $126 $3,750 $0 $0
2015 $130 $3,750 $0 $0
2014 $17 $500 $0 $0
Source: Public Records

Map

Delaware Sussex County Ocean View 19945

5 Favata Place, Ocean View, DE

This home is located at 5 Favata Place, Ocean View, DE 19970 and is currently estimated at $422,780, approximately $268 per square foot. 5 Favata Place is a home with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes