NOT LISTED FOR SALE

50 Reeping Way Ocean View, DE 19970

Estimated Value: $466,546 - $795,000

5 Beds
3.5 Baths
4,500 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $475,000 $106 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,077/month

52 Days on Market

Highlights

  • Contemporary Architecture
  • Wooded Lot
  • Wood Flooring
  • Lord Baltimore Elementary School Rated A-
  • Vaulted Ceiling
  • Whirlpool Bathtub

About This Home

As of September 2015

This immaculate home offers lots of room to entertain family and friends. Large great room with soaring ceilings, open kitchen, separate dining room and rear screened porch with hot tub. There are 2 master suites, one on the first floor and one on the 2nd floor. GREAT VALUE FOR THE PRICE....

Last Agent to Sell the Property

Nancy Rhodes

RE/MAX Coastal Listed on: 06/22/2015

RE/MAX Coastal

Last Buyer's Agent

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,202

Year Built

  • Built in 2004

Lot Details

  • 9,558 Sq Ft Lot
  • Lot Dimensions are 81x118
  • Cleared Lot
  • Wooded Lot
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $96 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Brick Front
  • Stick Built Home

Interior Spaces

  • 4,500 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Crawl Space
  • Home Security System
  • Electric Dryer

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Enclosed patio or porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-719.00

Community Details

Overview

  • Summerfield Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,202

Year Built

Built in 2004

Lot Details

0

HOA Fees

$96 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2004
  • Remarks Public: This immaculate home offers lots of room to entertain family and friends. Large great room with soaring ceilings, open kitchen, separate dining room and rear screened porch with hot tub. There are 2 master suites, one on the first floor and one on the 2nd floor. GREAT VALUE FOR THE PRICE....
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven - Double, Water Heater
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Kitchen - Eat-In, Whirlpool/Hottub, Skylight(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4500
  • Living Area Sq Ft: 4500
  • Net Sq Ft: 4500.00
  • Price Per Sq Ft: 110.00
  • Above Grade Finished Sq Ft: 4500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 50

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Brick Front, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1150.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Cleared, Trees/Wooded
  • Lot Size Acres: 0.22
  • Lot Size Area: 9558
  • Lot Dimensions: 81x118
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9558.00
  • Outdoor Living Structures: Porch(es), Enclosed, Screened
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5116576
  • Tax Annual Amount: 2202.00
  • Assessor Parcel Number: 134-17.00-719.00
  • County Tax Payment Frequency: Annually
  • Close Date: 09/18/2015

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
Jun 22, 2015
Closed on
Sep 18, 2015
Sold by
Burns Basil F and Burns Terrie Lee
Bought by
Silvestri Mario A
Seller's Agent
Nancy Rhodes
RE/MAX Coastal
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Current Estimated Value
$695,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,637
Avg. Annual Appreciation
4.21%
Source: Public Records

Range of Values:

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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
Silvestri Mario A $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silvestri Mario A $350,000
Closed Silvestri Mario $481,000
Previous Owner Burns Basil F $12,000
Closed Silvestri Mario A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $475,000 -4.0% $106 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $495,000 -- $110 / 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 $1,679 $40,600 $5,000 $35,600
2023 $1,677 $40,600 $5,000 $35,600
2022 $1,650 $40,600 $5,000 $35,600
2021 $1,600 $40,600 $5,000 $35,600
2020 $1,527 $40,600 $5,000 $35,600
2019 $1,520 $40,600 $5,000 $35,600
2018 $1,535 $40,600 $0 $0
2017 $1,548 $40,600 $0 $0
2016 $1,364 $40,600 $0 $0
2015 $1,430 $40,600 $0 $0
2014 $1,402 $40,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2015

    Nancy Rhodes

    RE/MAX

    Section Image
  • DEBBIE REED

    Buyer's Agent in 2015

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    8 in this area

    876 Total Sales

    DEBBIE REED
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001209988

Bright MLS

APN: 134-17.00-719.00

Delaware Sussex County Ocean View 19970

50 Reeping Way, Ocean View, DE

This home is located at 50 Reeping Way, Ocean View, DE 19970 since 22 June 2015 and is currently estimated at $695,637, approximately $154 per square foot. This property was built in 2004. 50 Reeping Way is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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