NOT LISTED FOR SALE

5 Mary Elizabeth Dr Ocean View, DE 19970

Estimated Value: $457,000 - $580,000

3 Beds
2 Baths
1,945 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $335,000 $172 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,073/month

127 Days on Market

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 2020

LOCATION, 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.

Last Agent to Sell the Property

Suzanne OBrien

Coldwell Banker Realty License #36188 Listed on: 09/21/2019

Coldwell Banker Realty

Last Buyer's Agent

Cynthia DiPalma

Coldwell Banker Realty License #RS0025662

Coldwell Banker Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,645

Year Built

Built in 1997

Lot Details

0

HOA Fees

$83 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Bungalow, Cottage
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Furnishings, hanging wall clock, attached table in dining room, Portable kitchen island. Outdoor Cement table, Garage contents
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-09-25
  • Federal Flood Zone: No
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Laminated
  • Window Features: Screens, Double Pane
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1945
  • Living Area Sq Ft: 1945
  • Price Per Sq Ft: 179.95
  • Above Grade Finished Sq Ft: 1945
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Exterior Lighting, Outside Shower, Sidewalks
  • Roof: Asbestos Shingle
  • Spa: No
  • View: Trees/Woods
  • 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
  • Open Parking Spaces Count: 4
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 995.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Extra Storage, Fencing, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s)
  • HOA Name: SAVANNAHS LANDING HOME OWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RS
  • Lot Features: Backs To Trees, Front Yard, Landscaping, Level, Partly Wooded, Private, Rear Yard, Trees/Wooded
  • Lot Size Acres: 0.27
  • Lot Dimensions: 75.00 x 186.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Screened
  • Property Condition: Very Good
  • Soil Types: Sandy
  • Year Assessed: 2019
  • Zoning: TN
  • In City Limits: Yes

Building Info

  • Builder Name: RDM

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 789.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1645.00
  • Assessor Parcel Number: 134-13.00-1868.00
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 1945
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/20/2020

MLS Schools

  • School District Name: INDIAN RIVER

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%
Current Estimated Value
$525,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,878
Avg. Annual Appreciation
9.56%
Original Mortgage
$268,000
Outstanding Balance
$238,954
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$305,608
Source: Public Records

Range of Values:

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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 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

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 $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

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Map

Source: Bright MLS

MLS Number: DESU148444

Bright MLS

APN: 134-13.00-1868.00