NOT LISTED FOR SALE

506 Lloyd St Ocean View, DE 19970

Estimated Value: $421,881 - $703,000

3 Beds
2 Baths
1,568 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 28, 2019

Last sale price $275,000 $175 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,832/month

Highlights

  • Open Floorplan
  • Deck
  • Main Floor Bedroom
  • Lord Baltimore Elementary School Rated A-
  • Rambler Architecture
  • Upgraded Countertops

About This Home

As of May 2019

Beautifully remodeled ranch style home just minutes from the beach. This home is located in Murrays Estates and features an extensively remodel interior with 3 BR 2 BR, beautiful white washed Cortec flooring in the living area, tiled floor in bath, laundry and large sunroom with Berber carpet in all 3 bedrooms, Granite counter top, upgraded kitchen cabinets with crown trim and stainless appliance package in the kitchen. Crown molding through- out this home with wainscoting in the dining area, coastal doors to add a touch of flare to your beach home. Furniture style vanities in each bath, ceiling fans in every room, HVAC recently serviced, manicured large front and rear yard with outdoor shed for storage. The oversized sunroom leads to a beautiful large deck for outdoor living. this home is situated in a quite well-maintained community with fresh water ponds less than 3 miles to Bethany Beach. It's a must see and will not last long. This home was remodeled by local builder; Cave Construction Inc.

Last Agent to Sell the Property

BECKY GLOVER

(443) 859-4505 becky.glover@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 09/05/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Alfred Willis

(703) 309-5814 al@activeadultsrealty.com Active Adults Realty License #RS-0022265

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $741

Year Built

  • Built in 1986

Lot Details

  • 0.33

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Block Foundation
  • Batts Insulation
  • Asphalt Roof
  • Plywood Siding Panel T1-11
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,568 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Dining Area
  • Carpet
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Outbuilding
  • Porch

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Sussex Central High School

Utilities

  • Central Heating and Cooling System
  • 120/240V
  • Well

Additional Features

  • More Than Two Accessible Exits
  • 0.33 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 134-9.00-350.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$741

Year Built

Built in 1986

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: exterior shed
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1986
  • Remarks Public: Beautifully remodeled ranch style home just minutes from the beach. This home is located in Murrays Estates and features an extensively remodel interior with 3 BR 2 BR, beautiful white washed Cortec flooring in the living area, tiled floor in bath, laundry and large sunroom with Berber carpet in all 3 bedrooms, Granite counter top, upgraded kitchen cabinets with crown trim and stainless appliance package in the kitchen. Crown molding through- out this home with wainscoting in the dining area, coastal doors to add a touch of flare to your beach home. Furniture style vanities in each bath, ceiling fans in every room, HVAC recently serviced, manicured large front and rear yard with outdoor shed for storage. The oversized sunroom leads to a beautiful large deck for outdoor living. this home is situated in a quite well-maintained community with fresh water ponds less than 3 miles to Bethany Beach. It's a must see and will not last long. This home was remodeled by local builder; Cave Construction Inc.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Icemaker, Microwave, Oven - Single, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Hookups Only
  • Interior Amenities: Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Recessed Lighting, Skylight(s), Upgraded Countertops, Wainscotting, Walk-In Closet(s)
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 1568
  • Living Area Sq Ft: 1568
  • Price Per Sq Ft: 178.51
  • Above Grade Finished Sq Ft: 1568
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 506

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
  • Construction Materials: T-1-11, Vinyl Siding, Modular/Manufactured, Concrete, Batts Insulation
  • Exterior Features: Outbuilding(s), Outside Shower
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Well, Public

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: SUSSEX CENTRAL
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: LORD BALTIMORE
  • High School: SUSSEX CENTRAL
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Lot Size Acres: 0.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14387.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5127027
  • Assessor Parcel Number: 134-9.00-350.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 05/28/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
May 28, 2019
Sold by
Cave Construction Inc
Bought by
Doyle Gregory A
Seller's Agent
BECKY GLOVER
Long & Foster Real Estate, Inc.
Buyer's Agent
Alfred Willis
Active Adults Realty
List Price
$319,000
Sold Price
$275,000
Premium/Discount to List
-$44,000
-13.79%
Current Estimated Value
$517,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,720
Avg. Annual Appreciation
10.49%
Original Mortgage
$220,000
Outstanding Balance
$193,434
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$324,286

Purchase Details

Listed on
Feb 21, 2018
Closed on
Jul 16, 2018
Sold by
Gale Carol A
Bought by
Cave Construction Inc
Seller's Agent
Mary Cerami
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
BECKY GLOVER
Long & Foster Real Estate, Inc.
List Price
$239,900
Sold Price
$180,000
Premium/Discount to List
-$59,900
-24.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.77%

Purchase Details

Closed on
Sep 2, 1986
Bought by
Gale Enoch R and Gale Carol A
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
Doyle Gregory A $275,000 --
Cave Construction Inc -- --
Gale Enoch R $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doyle Gregory A $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2019 05/28/19 Sold $275,000 -1.8% $175 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
01/16/2019 01/16/19 Price Changed $279,900 -3.4% $179 / Sq Ft
11/20/2018 11/20/18 Price Changed $289,900 -3.0% $185 / Sq Ft
10/22/2018 10/22/18 Price Changed $299,000 -3.5% $191 / Sq Ft
10/12/2018 10/12/18 Price Changed $310,000 -2.8% $198 / Sq Ft
09/05/2018 09/05/18 For Sale $319,000 +77.2% $203 / Sq Ft
07/16/2018 07/16/18 Sold $180,000 +0.6% $115 / Sq Ft
03/28/2018 03/28/18 Price Changed $179,000 -25.4% $114 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $239,900 0.0% $153 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $239,900 -- $153 / 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
2025 $741 $15,650 $3,000 $12,650
2024 $646 $15,650 $3,000 $12,650
2023 $674 $15,650 $3,000 $12,650
2022 $660 $15,650 $3,000 $12,650
2021 $647 $15,650 $3,000 $12,650
2020 $906 $15,650 $3,000 $12,650
2019 $654 $15,650 $3,000 $12,650
2018 $669 $15,650 $0 $0
2017 $597 $15,650 $0 $0
2016 $641 $15,650 $0 $0
2015 $649 $15,650 $0 $0
2014 $640 $15,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002482372

Bright MLS

APN: 134-09.00-350.00