NOT LISTED FOR SALE

5 Lighthouse Rd Selbyville, DE 19975

Estimated Value: $144,332 - $364,000

4 Beds
2 Baths
1,376 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $90,000 $65 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $1,598/month

Highlights

  • Wood Burning Stove
  • Saltbox Architecture
  • Main Floor Bedroom
  • Phillip C. Showell Elementary School Rated A-
  • Wood Flooring
  • Attic

About This Home

As of November 2017

Don't miss out on this great opportunity. A bargain for the do it yourself enthusiasts. Like challenges? Put your imagination and energy to work and bring this past perfect home back to life. Lots of potential with a minimal price tag. Whether you are looking for your first home, beach getaway or more room this house is perfect for you. Just a short drive from multiple restaurant choices, the grocery, personal services and the beach. Enjoy cookouts or an evening glass of wine in your rear yard. No one may alter/occupy property until closing/funding. FHA Financing-"IE"(Insured Escrow)-203k eligible Repair Escrow-$1,950 Insurability subject to buyer's appraisal

Last Agent to Sell the Property

Sheri Smith

(443) 614-2825 sheri@sherismithrealtor.com Keller Williams Realty Delmarva License #RS-0015670 Listed on: 07/19/2017

Keller Williams Realty Delmarva

Last Buyer's Agent

Sheri Smith

(443) 614-2825 sheri@sherismithrealtor.com Keller Williams Realty Delmarva License #RS-0015670 Listed on: 07/19/2017

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $782

Year Built

  • Built in 1954

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property
  • Cleared Lot
  • Zoning described as GENERAL RESIDENTIAL

Home Design

  • Saltbox Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 1,376 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Wood Flooring
  • Partial Basement
  • Galley Kitchen
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 533-16.16-189.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$782

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Salt Box
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1954
  • Remarks Public: Don't miss out on this great opportunity. A bargain for the do it yourself enthusiasts. Like challenges? Put your imagination and energy to work and bring this past perfect home back to life. Lots of potential with a minimal price tag. Whether you are looking for your first home, beach getaway or more room this house is perfect for you. Just a short drive from multiple restaurant choices, the grocery, personal services and the beach. Enjoy cookouts or an evening glass of wine in your rear yard. No one may alter/occupy property until closing/funding. FHA Financing-"IE"(Insured Escrow)-203k eligible Repair Escrow-$1,950 Insurability subject to buyer's appraisal
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Kitchen - Galley, Entry Level Bedroom
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Living Area Units: Square Feet
  • Total Sq Ft: 1376
  • Living Area Sq Ft: 1376
  • Net Sq Ft: 1376.00
  • Price Per Sq Ft: 69.04
  • Above Grade Finished Sq Ft: 1376
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Aluminum Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Paved Driveway
  • Number Of Parking Spaces Included: 2-Car Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Wood Burn Stove, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Fencing: Partially
  • Lot Features: Cleared
  • Lot Size Acres: 0.27
  • Lot Size Units: Acres
  • Lot Sq Ft: 11761.00
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5237203
  • Tax Annual Amount: 782.00
  • Assessor Parcel Number: 533-16.16-189.00
  • County Tax Payment Frequency: Annually
  • Close Date: 11/06/2017

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Nov 14, 2017
Sold by
Department Of Housing & Urban Dev
Bought by
Torres Jose I and Kobaly Lois C
Seller's Agent
Sheri Smith
Keller Williams Realty Delmarva
Buyer's Agent
Sheri Smith
Keller Williams Realty Delmarva
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%
Current Estimated Value
$294,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,833
Avg. Annual Appreciation
16.66%

Purchase Details

Listed on
Jul 19, 2017
Closed on
Nov 6, 2017
Sold by
Department Of Housing & Urban Dev
Bought by
Torres Jose I and Kobaly Lois C
Seller's Agent
Sheri Smith
Keller Williams Realty Delmarva
Buyer's Agent
Sheri Smith
Keller Williams Realty Delmarva
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%

Purchase Details

Closed on
Nov 15, 2016
Sold by
Jpmorgan Chase Bank National Association
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Aug 8, 2014
Sold by
Jeffrey Jeffrey
Bought by
Secretary Of Housign And Urban Developm
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
Torres Jose I -- --
Torres Jose I -- --
Secretary Of Housing And Urban Developme -- None Available
Secretary Of Housign And Urban Developm $281,660 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2017 11/06/17 Sold $90,000 -5.3% $65 / Sq Ft
09/25/2017 09/25/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $95,000 -- $69 / 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 $491 $15,000 $1,550 $13,450
2024 $620 $15,000 $1,550 $13,450
2023 $620 $15,000 $1,550 $13,450
2022 $610 $15,000 $1,550 $13,450
2021 $591 $15,000 $1,550 $13,450
2020 $564 $15,000 $1,550 $13,450
2019 $562 $15,000 $1,550 $13,450
2018 $567 $15,000 $0 $0
2017 $572 $15,000 $0 $0
2016 $504 $15,000 $0 $0
2015 $519 $15,000 $0 $0
2014 $512 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001031540

Bright MLS

APN: 533-16.16-189.00