$180,000
SOLD JUL 16, 2018

506 Lloyd St Ocean View, DE 19970

3 Beds
2 Baths
1,568 Sq Ft
0.33 Acres

Recently Sold

$115 Per Sq Ft

25% Below List Price

30 Days on Market

Highlights

  • Rambler Architecture
  • Wood Flooring
  • Breakfast Area or Nook
  • Lord Baltimore Elementary School Rated A-
  • Attic
  • Outdoor Shower

About This Home

As of May 2019

A Diamond in the Rough! Bring Back The Sparkle and you will have made a smart investment in this 3 bedroom, 2 bath Ranch Home. Spacious and bright family room with gas fireplace, large kitchen with dinning room, that opens up to a light filled Florida Room. Master Bedroom with private bath. This home is situated on a large level lot with a Koi Pond and Fire Pit and 2 sheds. Located between the Bay and the Ocean, with the Bay 3 minutes away and the Ocean 1 mile.

Last Agent to Sell the Property

Mary Cerami

Berkshire Hathaway HomeServices PenFed Realty Listed on: 02/21/2018

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

BECKY GLOVER

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $646

Year Built

  • Built in 1986

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 90x160x90x161
  • Partially Fenced Property
  • Cleared Lot
  • Property is zoned MR, MEDIUM RESIDENTIAL

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,568 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Crawl Space
  • Storm Doors
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned

Community Details

  • Murrays Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 134-09.00-350.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$646

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
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1986
  • Remarks Public: A Diamond in the Rough! Bring Back The Sparkle and you will have made a smart investment in this 3 bedroom, 2 bath Ranch Home. Spacious and bright family room with gas fireplace, large kitchen with dinning room, that opens up to a light filled Florida Room. Master Bedroom with private bath. This home is situated on a large level lot with a Koi Pond and Fire Pit and 2 sheds. Located between the Bay and the Ocean, with the Bay 3 minutes away and the Ocean 1 mile.
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Water Conditioner - Owned, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Dining, Ceiling Fan(s)
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1568
  • Living Area Sq Ft: 1568
  • Net Sq Ft: 1568.00
  • Price Per Sq Ft: 114.16
  • 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: Modular/Manufactured, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

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
  • School District Key: 300200396898

Lot Info

  • Fencing: Partially
  • Lot Features: Cleared
  • Lot Size Acres: 0.33
  • Lot Size Area: 14387
  • Lot Dimensions: 90x160x90x161
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14387.00
  • Zoning: MR
  • Zoning Description: MEDIUM RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5127027
  • Assessor Parcel Number: 134-09.00-350.00
  • County Tax Payment Frequency: Annually
  • Close Date: 07/16/2018

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
$524,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,777
Avg. Annual Appreciation
8.96%
Original Mortgage
$220,000
Interest Rate
4.1%
Mortgage Type
New Conventional

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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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 Type Sale Price Title Company
Deed $275,000 --
Quit Claim Deed -- --
Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,000 Stand Alone Refi Refinance Of Original Loan
Closed $220,000 New Conventional
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
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: 1001576078

Bright MLS

APN: 134-09.00-350.00