$195,000
SOLD SEP 30, 2020

5 John Hall Dr Unit 50 Ocean View, DE 19970

2 Beds
3.5 Baths
-- Sq Ft
$242/mo HOA Fee

Recently Sold

3% Above List Price

24 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Community Pool
  • Lord Baltimore Elementary School Rated A-
  • Main Floor Bedroom
  • 1 Car Attached Garage

About This Home

As of February 2021

Welcome to Providence (HOA community). This unit is located close to it all. Walk to the community pool. Only a few short miles to Bethany Beach boardwalk! This 3-level end unit town home in Providence is a great buy for a beach home or investment property. The entire lower level has what can be used as a bedroom/den or family room with full bath. This property is sold as is. Seller will not make any repairs. Please be aware this property is in an HOA/COA community that requires mandatory quarterly fees. Current roof assessment in amount of $247 per quarter.

Last Agent to Sell the Property

Dana Byrd

First Coast Realty LLC License #637082 Listed on: 07/21/2020

Last Buyer's Agent

Michael McDowell

Coldwell Banker Realty License #RS-0025090

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $869

Year Built

  • Built in 2003

HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Deck
  • Property is in below average condition

Listing and Financial Details

  • Assessor Parcel Number 134-16.00-385.01-50

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, pool(s), snow removal, trash
  • Building Winterized
  • Providence HOA, Phone Number (302) 227-7878
  • Providence Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$869

Year Built

Built in 2003

Lot Details

0

HOA Fees

$242 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Welcome to Providence (HOA community). This unit is located close to it all. Walk to the community pool. Only a few short miles to Bethany Beach boardwalk! This 3-level end unit town home in Providence is a great buy for a beach home or investment property. The entire lower level has what can be used as a bedroom/den or family room with full bath. This property is sold as is. Seller will not make any repairs. Please be aware this property is in an HOA/COA community that requires mandatory quarterly fees. Current roof assessment in amount of $247 per quarter.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer, Dryer
  • Entry Floor: 1
  • Interior Amenities: Built-Ins, Combination Kitchen/Dining, Entry Level Bedroom, Kitchen - Eat-In, Primary Bath(s), Walk-In Closet(s)
  • Fireplace: No
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Full, Garage Access, Heated, Walkout Level
  • Laundry Type: Lower Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 378.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 349.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Pool(s), Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: PROVIDENCE
  • HOA Phone: 302.227.7878
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 22100.00
  • Land Assessed Value: 1000.00
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Below Average
  • Year Assessed: 2020
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5112030
  • School Tax: 766.00
  • Tax Annual Amount: 869.00
  • Assessor Parcel Number: 134-16.00-385.01-50
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/30/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 11, 2021
Sold by
Nex Ventures Realty Inc
Bought by
Mccarthy Grace E
Seller's Agent
NICK PADILLA
First Coast Realty LLC
Buyer's Agent
Kim Simpson
Thyme Real Estate Company, Inc.
List Price
$284,900
Sold Price
$284,900
Current Estimated Value
$406,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,570
Avg. Annual Appreciation
8.90%
Original Mortgage
$256,410
Outstanding Balance
$231,933
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$184,484

Purchase Details

Listed on
Jul 21, 2020
Closed on
Aug 18, 2020
Sold by
Wilmington Svgs Fund Soc
Bought by
Nex Ventures Realty Inc
Seller's Agent
Dana Byrd
First Coast Realty LLC
Buyer's Agent
Michael McDowell
Coldwell Banker Realty
List Price
$189,900
Sold Price
$195,000
Premium/Discount to List
$5,100
2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
178.63%
Original Mortgage
$156,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2020
Sold by
Jp Morgan Chase Bank Na
Bought by
Jp Morgan Chase Bank Na

Purchase Details

Closed on
May 24, 2019
Sold by
Jp Morgan Chase Bank Na
Bought by
1995 Property Mgmt Inc

Purchase Details

Closed on
Jul 16, 2018
Sold by
Lee Rober T
Bought by
Providence Owners Assn

Purchase Details

Closed on
Jul 2, 2003
Bought by
Shea William M
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 Type Sale Price Title Company
Deed $284,900 None Available
Warranty Deed $195,000 None Available
Sheriffs Deed $187,991 None Available
Sheriffs Deed $109,000 --
Sheriffs Deed $10,668 --
Deed $206,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $256,410 Stand Alone Refi Refinance Of Original Loan
Previous Owner $156,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $284,900 0.0% $124 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $284,900 +46.1% $124 / Sq Ft
09/30/2020 09/30/20 Sold $195,000 +2.7% --
08/14/2020 08/14/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $189,900 0.0% --
08/05/2020 08/05/20 Pending -- -- --
07/23/2020 07/23/20 Price Changed $189,900 -5.0% --
07/21/2020 07/21/20 For Sale $199,900 -- --
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 $967 $22,100 $0 $22,100
2023 $966 $22,100 $0 $22,100
2022 $951 $22,100 $0 $22,100
2021 $923 $22,100 $0 $22,100
2020 $869 $22,100 $0 $22,100
2019 $899 $22,100 $0 $22,100
2018 $908 $23,100 $0 $0
2017 $915 $23,100 $0 $0
2016 $810 $23,100 $0 $0
2015 $834 $23,100 $0 $0
2014 $822 $23,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU165126

Bright MLS

APN: 134-16.00-385.01-50