5 Tibbetts Point Way Ocean View, DE 19970
5
Beds
4.5
Baths
2,850
Sq Ft
7,405
Sq Ft Lot
Highlights
- New Construction
- Coastal Architecture
- 2 Car Attached Garage
- Lord Baltimore Elementary School Rated A-
- Community Pool
- Programmable Thermostat
About This Home
As of December 2023This home is located at 5 Tibbetts Point Way, Ocean View, DE 19970 and is currently priced at $727,354, approximately $255 per square foot. This property was built in 2022. 5 Tibbetts Point Way is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,500
Year Built
- Built in 2022 | New Construction
HOA Fees
- $230 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Coastal Architecture
- Piling Construction
- Stick Built Home
Interior Spaces
- 2,850 Sq Ft Home
- Property has 3 Levels
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
Utilities
- Central Air
- Heating Available
- Programmable Thermostat
- Electric Water Heater
Additional Features
- Property is in excellent condition
- Flood Risk
Community Details
Overview
- $1,000 Capital Contribution Fee
- Association fees include common area maintenance, trash, pool(s)
- Tidal Walk Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2023
Closed on
Dec 15, 2023
Sold by
Khushbu Sikaria Butterworth Living Trust
Bought by
Jones David Bruce and Jones Joy K
Seller's Agent
David Grove
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Austin Gardner
Myers Realty
List Price
$899,900
Sold Price
$860,000
Premium/Discount to List
-$39,900
-4.43%
Views
247
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
-$21,177
Avg. Annual Appreciation
-1.65%
Original Mortgage
$602,000
Interest Rate
7.29%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 16, 2022
Closed on
Jun 10, 2022
Sold by
Evg-Ft Ventures Llc
Bought by
Khushbu Sikaria Butterworth Living Trust
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$654,900
Sold Price
$727,354
Premium/Discount to List
$72,454
11.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$545,515
Interest Rate
5.23%
Mortgage Type
New Conventional
Similar Home in Ocean View, DE
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $860,000 | None Listed On Document | |
| Deed | $727,354 | Scott And Shuman Pa |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $612,000 | New Conventional | |
| Closed | $602,000 | New Conventional | |
| Previous Owner | $545,515 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Sold | $860,000 | -2.8% | $302 / Sq Ft |
| 11/11/2023 11/11/23 | Pending | -- | -- | -- |
| 08/30/2023 08/30/23 | Price Changed | $884,900 | -1.7% | $310 / Sq Ft |
| 07/21/2023 07/21/23 | For Sale | $899,900 | +37.4% | $316 / Sq Ft |
| 06/16/2022 06/16/22 | For Sale | $654,900 | -10.0% | $230 / Sq Ft |
| 06/10/2022 06/10/22 | Sold | $727,354 | -- | $255 / Sq Ft |
| 02/01/2022 02/01/22 | Pending | -- | -- | -- |
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 | $1,615 | $6,450 | $6,450 | $0 |
| 2023 | $1,613 | $6,450 | $6,450 | $0 |
| 2022 | $1,582 | $6,450 | $6,450 | $0 |
| 2021 | $126 | $6,450 | $6,450 | $0 |
| 2020 | $120 | $6,450 | $6,450 | $0 |
| 2019 | $120 | $6,450 | $6,450 | $0 |
| 2018 | $113 | $3,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Grove
Seller's Agent in 2023
David Grove
Coldwell Banker Premier - Rehoboth
(302) 841-8998
8 in this area
30 Total Sales
-
Austin Gardner
Buyer's Agent in 2023
Austin Gardner
Myers Realty
(302) 535-3744
1 in this area
63 Total Sales
-
datacorrect BrightMLS
d
Seller's Agent in 2022
datacorrect BrightMLS
Non Subscribing Office
-
Carrie Lingo
Buyer's Agent in 2022
Carrie Lingo
Jack Lingo - Lewes
(302) 500-0825
13 in this area
946 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2023794
APN: 1341700119000
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