NOT LISTED FOR SALE

503 Lake Ct Ocean View, DE 19970

Estimated Value: $185,657 - $360,000

3 Beds
1.5 Baths
1,634 Sq Ft
$167/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $149,900 $92 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,617/month

26 Days on Market

Highlights

  • Deck
  • Rambler Architecture
  • No HOA
  • Lord Baltimore Elementary School Rated A-
  • Attic
  • Breakfast Area or Nook

About This Home

As of March 2017

Opportunity knocks. Incredible price for this convenient close in location. Some TLC could make this a great investment, retirement, or first home, or even a vacation home. 15 minutes from beach off season. sun room, 3 season room, large garage, outdoor shower. Being Sold "As Is". inspections for your information only. This is your chance to get close to the beach.

Last Agent to Sell the Property

Lisa Mathena

The Lisa Mathena Group, Inc. Listed on: 02/02/2017

Last Buyer's Agent

SCOTT DAILEY

Dailey Dailey Real Estate License #RB-0020630

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,035

Year Built

  • Built in 1988

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 110x105
  • Cul-De-Sac
  • Property is zoned MR

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,634 Sq Ft Home
  • Property has 1 Level
  • Non-Functioning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Central Air
  • Baseboard Heating
  • 100 Amp Service
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Land Of Pleasant Living Subdivision

Listing and Financial Details

  • Assessor Parcel Number 134-08.000-213.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,035

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Remarks Public: Opportunity knocks. Incredible price for this convenient close in location. Some TLC could make this a great investment, retirement, or first home, or even a vacation home. 15 minutes from beach off season. sun room, 3 season room, large garage, outdoor shower. Being Sold "As Is". inspections for your information only. This is your chance to get close to the beach.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Breakfast Area
  • Fireplace Features: Non-Functioning
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1634
  • Living Area Sq Ft: 1634
  • Net Sq Ft: 1634.00
  • Price Per Sq Ft: 91.74
  • Above Grade Finished Sq Ft: 1634
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights, Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.26
  • Lot Dimensions: 110X105
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11326.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: MR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5125131
  • Tax Annual Amount: 1035.00
  • Assessor Parcel Number: 134-08.000-213.00
  • Tax Year: 2016
  • Close Date: 03/31/2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2017
Closed on
Apr 5, 2017
Sold by
1995 Property Management Inc
Bought by
Simon Albert and Ravert Michelle Regina
Seller's Agent
Lisa Mathena
The Lisa Mathena Group, Inc.
Buyer's Agent
SCOTT DAILEY
Dailey Dailey Real Estate
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$272,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,764
Avg. Annual Appreciation
7.52%
Original Mortgage
$119,920
Outstanding Balance
$100,675
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$171,989

Purchase Details

Closed on
Nov 28, 2016
Sold by
Lee Robert
Bought by
1995 Property Management Inc

Purchase Details

Closed on
Mar 6, 2000
Bought by
Taylor Thomas A and Taylor Margaret J
Source: Public Records

Range of Values:

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Average Value
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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
Simon Albert $149,900 None Available
1995 Property Management Inc $87,000 None Available
Taylor Thomas A $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Albert $119,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $149,900 0.0% $92 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $149,900 -- $92 / 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 $1,253 $20,700 $3,750 $16,950
2023 $1,281 $20,700 $3,750 $16,950
2022 $1,267 $20,700 $3,750 $16,950
2021 $1,252 $20,700 $3,750 $16,950
2020 $1,174 $20,700 $3,750 $16,950
2019 $1,250 $20,700 $3,750 $16,950
2018 $1,258 $20,700 $0 $0
2017 $1,332 $20,700 $0 $0
2016 $1,035 $20,700 $0 $0
2015 $1,336 $20,700 $0 $0
2014 $1,034 $20,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001707404

Bright MLS

APN: 134-08.00-213.00