5 Mary Elizabeth Dr Ocean View, DE 19970
Estimated Value: $486,247 - $584,000
3
Beds
2
Baths
1,945
Sq Ft
$280/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Coastal Architecture
- Private Lot
- Lord Baltimore Elementary School Rated A-
- Deck
- Partially Wooded Lot
About This Home
As of March 2020LOCATION, LOCATION, LOCATION! A beautiful 3 bedroom, 2 bath, single family home in the sought-after community of Savannahs Landing. Enjoy the beach life in this coastal home conveniently located within walking distance to restaurants, shops, bike trails, and the Bethany Trolley. This house is located just over a mile from the Bethany Beach Boardwalk and is an easy bike ride or walk to downtown Bethany Beach. This home shows like new since it was used only as a 2nd home. One-level living in this Bolton Model, an open concept floor plan with an inviting living room w/ gas fireplace, dining room, and eat-in kitchen. A large master bedroom, 2 guest bedrooms and 2 full baths. You will enjoy the screened-in porch and deck area overlooking a beautiful private rear yard. The home sits on the largest lot in the community. There is a one car garage and large driveway that could accommodate 4-6 cars easily. There is also an outdoor shower. As you enter Savannahs Landing and travel down the tree-lined streets with white picket fences, you will immediately feel the peace and serenity of this charming neighborhood. It's a community of water & woods with beautifully landscaped grounds. The community pool, tennis courts and pickleball courts are just a short walk away from this home. Other amenities include a tot-lot, sidewalks, and a fenced-in secure area to store your kayaks, boat(s) and RV's. Great home, in a great neighborhood and so convenient to the beach! Life at the Beach is the Best Life! Come see this home today.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,645
Year Built
- Built in 1997
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 75.00 x 186.00
- South Facing Home
- Landscaped
- Private Lot
- Level Lot
- Partially Wooded Lot
- Backs to Trees or Woods
- Back and Front Yard
- Property is in very good condition
- Property is zoned TN
HOA Fees
- $83 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- 4 Open Parking Spaces
- Front Facing Garage
- Gravel Driveway
Home Design
- Coastal Architecture
- Cottage
- Bungalow
- Frame Construction
- Asbestos Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,945 Sq Ft Home
- Property has 1 Level
- Cathedral Ceiling
- 1 Fireplace
- Screen For Fireplace
- Double Pane Windows
- Window Screens
- Views of Woods
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Deck
- Screened Patio
- Exterior Lighting
- Porch
Schools
- Lord Baltimore Elementary School
- Selbyville Middle School
- Indian River High School
Utilities
- Central Air
- Back Up Gas Heat Pump System
- Heating System Powered By Leased Propane
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 134-13.00-1868.00
Community Details
Overview
- Association fees include common area maintenance, management, pool(s)
- Savannahs Landing Home Owners Association
- Built by RDM
- Savannahs Landing Subdivision, Bolton Floorplan
- Property Manager
Amenities
- Common Area
- Community Storage Space
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Security
- Fenced around community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 21, 2019
Closed on
Mar 20, 2020
Sold by
Crowell Steven R and Crowell Kim C
Bought by
Greco Donald J and Greco Linda E
Seller's Agent
Suzanne OBrien
Coldwell Banker Realty
Buyer's Agent
Cynthia DiPalma
Coldwell Banker Realty
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%
Total Days on Market
127
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,562
Avg. Annual Appreciation
8.17%
Original Mortgage
$268,000
Outstanding Balance
$240,986
Interest Rate
3.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$261,687
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Similar Homes in Ocean View, DE
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Greco Donald J | $335,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Greco Donald J | $268,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2020 03/20/20 | Sold | $335,000 | -4.3% | $172 / Sq Ft |
| 01/29/2020 01/29/20 | Pending | -- | -- | -- |
| 10/04/2019 10/04/19 | For Sale | $350,000 | 0.0% | $180 / Sq Ft |
| 09/24/2019 09/24/19 | Pending | -- | -- | -- |
| 09/23/2019 09/23/19 | For Sale | $350,000 | -- | $180 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,035 | $23,900 | $3,000 | $20,900 |
| 2023 | $1,034 | $23,900 | $3,000 | $20,900 |
| 2022 | $994 | $23,900 | $3,000 | $20,900 |
| 2021 | $942 | $23,900 | $3,000 | $20,900 |
| 2020 | $899 | $23,900 | $3,000 | $20,900 |
| 2019 | $895 | $23,900 | $3,000 | $20,900 |
| 2018 | $904 | $23,900 | $0 | $0 |
| 2017 | $911 | $23,900 | $0 | $0 |
| 2016 | $803 | $23,900 | $0 | $0 |
| 2015 | $828 | $23,900 | $0 | $0 |
| 2014 | $815 | $23,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Suzanne OBrien
Seller's Agent in 2020
Suzanne OBrien
Coldwell Banker Realty
(240) 506-3668
11 in this area
38 Total Sales
-
Cynthia DiPalma
Buyer's Agent in 2020
Cynthia DiPalma
Coldwell Banker Realty
(703) 303-7874
7 in this area
24 Total Sales
Map
Source: Bright MLS
MLS Number: DESU148444
APN: 134-13.00-1868.00
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