NOT LISTED FOR SALE

508 Lake Ct Ocean View, DE 19970

Estimated Value: $457,000 - $573,000

4 Beds
3 Baths
1,690 Sq Ft
$303/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $487,000 $288 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,817/month

Highlights

  • New Construction
  • Open Floorplan
  • Main Floor Bedroom
  • Lord Baltimore Elementary School Rated A-
  • Rambler Architecture
  • Combination Kitchen and Living

About This Home

As of February 2022

Estimated 30 days from completion as of 11/23. Bring all offers and close before years end!
New construction home in Ocean View on a peaceful cul de sac street, don't wait to build when this is waiting for you and will be complete before years end. Positioned with a large side yard with thoughts of room to add a pool and everything NEW in this beautiful 4 bedroom 3 full bath ranch home with a large 2 car garage. Centrally located in the community of Land of Pleasant Living, you are a close to golf, marinas, the beach and everything that Ocean View and Bethany have to offer. This home is modern with an open floorplan, guest master with en suit, upgraded kitchen, lighting, flooring, decking...too much to list! Professional pictures to follow.

Last Agent to Sell the Property

Jason Hoenen

(302) 542-1258 jasonh7575@gmail.com Bryan Realty Group Listed on: 11/16/2021

Last Buyer's Agent

Eileen Kelly Flynn

(973) 477-8445 eileen@movemetodelaware.com Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.31 Acre Lot
  • Cul-De-Sac
  • Cleared Lot
  • Property is in excellent condition

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,690 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Combination Kitchen and Living
  • Luxury Vinyl Plank Tile Flooring
  • Crawl Space

Kitchen

  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Land Of Pleasant Living Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,186

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Estimated 30 days from completion as of 11/23. Bring all offers and close before years end! New construction home in Ocean View on a peaceful cul de sac street, don't wait to build when this is waiting for you and will be complete before years end. Positioned with a large side yard with thoughts of room to add a pool and everything NEW in this beautiful 4 bedroom 3 full bath ranch home with a large 2 car garage. Centrally located in the community of Land of Pleasant Living, you are a close to golf, marinas, the beach and everything that Ocean View and Bethany have to offer. This home is modern with an open floorplan, guest master with en suit, upgraded kitchen, lighting, flooring, decking...too much to list! Professional pictures to follow.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Pantry, Recessed Lighting, Upgraded Countertops
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1690
  • Living Area Sq Ft: 1690
  • Price Per Sq Ft: 289.64
  • Above Grade Finished Sq Ft: 1690
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 508

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Block, Combination, Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Asphalt
  • Spa: No
  • 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
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Cleared, Cul-De-Sac
  • Lot Size Acres: 0.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13598.00
  • Property Condition: Excellent
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Close Date: 02/28/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Feb 25, 2022
Sold by
A & T Property Investment Llc
Bought by
Huen Tat and Huen Zena Ll
Seller's Agent
Jason Hoenen
Bryan Realty Group
Buyer's Agent
Eileen Kelly Flynn
Coldwell Banker Realty
List Price
$489,500
Sold Price
$487,000
Premium/Discount to List
-$2,500
-0.51%
Current Estimated Value
$512,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,787
Avg. Annual Appreciation
2.76%
Original Mortgage
$487,000
Outstanding Balance
$453,077
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$83,421

Purchase Details

Closed on
May 28, 2021
Sold by
Barnum Pamela A
Bought by
A & T Prop Investment Llc

Purchase Details

Closed on
Aug 14, 2014
Sold by
Dorothy F Dorothy F
Bought by
Barnum Dorothy F and Barnum Pamela 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
Huen Tat $487,000 Scott And Shuman Pa
A & T Prop Investment Llc $85,000 None Available
Barnum Dorothy F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huen Tat $487,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $487,000 -0.5% $288 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $489,500 -- $290 / 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 $1,186 $3,750 $3,750 $0
2024 $1,190 $3,750 $3,750 $0
2023 $1,205 $3,750 $3,750 $0
2022 $397 $3,750 $3,750 $0
2021 $398 $3,750 $3,750 $0
2020 $412 $3,750 $3,750 $0
2019 $412 $3,750 $3,750 $0
2018 $413 $3,750 $0 $0
2017 $143 $3,750 $0 $0
2016 $434 $3,750 $0 $0
2015 $438 $3,750 $0 $0
2014 $436 $3,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2009652

Bright MLS

APN: 134-08.00-210.00