NOT LISTED FOR SALE

508 Lloyd St Ocean View, DE 19970

Estimated Value: $391,000 - $455,000

3 Beds
2 Baths
1,300 Sq Ft
$331/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $420,000 $323 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,505/month

57 Days on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • Central Heating and Cooling System
  • Lord Baltimore Elementary School Rated A-

About This Home

As of April 2024

Welcome to your charming oasis just moments from Delaware's stunning beaches! This 3-bed, 2-bath ranch-style home features gleaming hardwood floors, creating a warm and inviting atmosphere. Enjoy a cozy living space, flooded with natural light, ideal for relaxation or entertaining. The well-equipped kitchen makes meal prep a breeze, while the spacious bedrooms offer ample retreat space. Outside, a large backyard beckons for summer gatherings or quiet moments in the sun. Being sold completely furnished. Conveniently close to the beaches, this home blends tranquility with accessibility. Don't miss the chance to make this delightful retreat yours. The practically new Heat Pump system can be controlled by the Honeywell Programmable Thermostat from your phone app through the internet, allowing you to lower or raise the temperature in the house from anywhere. The whole-house humidifier keeps the home comfortable in the colder weather. A brand-new water heater is a great asset, as well as two new toilets and new disposal. The fireplace makes the living room cozy and warm at the push of a button. Schedule a showing today and explore the endless possibilities! Short term rentals may be allowed, waiting for confirmation from HOA. Short term rentals allowed.

Last Agent to Sell the Property

VICKIE YORK

VICKIE YORK AT THE BEACH REALTY Listed on: 02/12/2024

Last Buyer's Agent

Linda Hanna

Patterson-Schwartz-Hockessin License #RS307525

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $614

Year Built

  • Built in 1979

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 90.00 x 160.00
  • Property is zoned MR

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Frame Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Murrays Estates Subdivision

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 134-09.00-349.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$614

Year Built

Built in 1979

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your charming oasis just moments from Delaware's stunning beaches! This 3-bed, 2-bath ranch-style home features gleaming hardwood floors, creating a warm and inviting atmosphere. Enjoy a cozy living space, flooded with natural light, ideal for relaxation or entertaining. The well-equipped kitchen makes meal prep a breeze, while the spacious bedrooms offer ample retreat space. Outside, a large backyard beckons for summer gatherings or quiet moments in the sun. Being sold completely furnished. Conveniently close to the beaches, this home blends tranquility with accessibility. Don't miss the chance to make this delightful retreat yours. The practically new Heat Pump system can be controlled by the Honeywell Programmable Thermostat from your phone app through the internet, allowing you to lower or raise the temperature in the house from anywhere. The whole-house humidifier keeps the home comfortable in the colder weather. A brand-new water heater is a great asset, as well as two new toilets and new disposal. The fireplace makes the living room cozy and warm at the push of a button. Schedule a showing today and explore the endless possibilities! Short term rentals may be allowed, waiting for confirmation from HOA. Short term rentals allowed.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Price Per Sq Ft: 338.38
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 508

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, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.33
  • Lot Dimensions: 90.00 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14375.00
  • Year Assessed: 2023
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 547.00
  • Tax Annual Amount: 614.00
  • Assessor Parcel Number: 134-09.00-349.00
  • Tax Lot: 65
  • Tax Total Finished Sq Ft: 1300
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/26/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Apr 26, 2024
Sold by
Curran Brian Thomas and Curran Susan Ann
Bought by
Turner Ivan M
Seller's Agent
VICKIE YORK
VICKIE YORK AT THE BEACH REALTY
Buyer's Agent
Linda Hanna
Patterson-Schwartz-Hockessin
List Price
$469,900
Sold Price
$420,000
Premium/Discount to List
-$49,900
-10.62%
Total Days on Market
57
Views
94
Current Estimated Value
$429,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,991
Avg. Annual Appreciation
2.12%
Original Mortgage
$399,000
Outstanding Balance
$395,202
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$34,789

Purchase Details

Closed on
Mar 16, 2002
Bought by
Freimuth Barbara
Source: Public Records

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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
Turner Ivan M $420,000 None Listed On Document
Freimuth Barbara $131,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Ivan M $399,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $420,000 -4.5% $323 / Sq Ft
03/11/2024 03/11/24 Price Changed $439,900 -2.2% $338 / Sq Ft
02/26/2024 02/26/24 Price Changed $449,900 -4.3% $346 / Sq Ft
02/12/2024 02/12/24 For Sale $469,900 +27.0% $361 / Sq Ft
10/14/2022 10/14/22 Sold $370,000 -5.1% $285 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
07/05/2022 07/05/22 Price Changed $389,900 -2.5% $300 / Sq Ft
05/13/2022 05/13/22 For Sale $399,900 -- $308 / 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 $866 $14,850 $3,000 $11,850
2023 $882 $14,850 $3,000 $11,850
2022 $873 $14,850 $3,000 $11,850
2021 $854 $14,850 $3,000 $11,850
2020 $864 $14,850 $3,000 $11,850
2019 $861 $14,850 $3,000 $11,850
2018 $867 $14,850 $0 $0
2017 $566 $14,850 $0 $0
2016 $804 $14,850 $0 $0
2015 $819 $14,850 $0 $0
2014 $812 $14,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2024

    VICKIE YORK

    VICKIE YORK AT THE BEACH REALTY

  • Linda Hanna

    Buyer's Agent in 2024

    Linda Hanna

    Patterson Schwartz

    (302) 547-5836

    17 in this area

    217 Total Sales

    Linda Hanna
    Section Image
  • Kathleen Eddins

    Buyer Co-Listing Agent in 2024

    Kathleen Eddins

    Patterson Schwartz

    (302) 893-4373

    15 in this area

    236 Total Sales

    Kathleen Eddins
    Section Image
  • Ernesto Sorto

    Buyer's Agent in 2022

    Ernesto Sorto

    Samson Properties of DE, LLC

    (703) 338-6898

    1 in this area

    57 Total Sales

    Ernesto Sorto
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2055802

Bright MLS

APN: 134-09.00-349.00

Delaware Sussex County Ocean View 19970

508 Lloyd St, Ocean View, DE

This home is located at 508 Lloyd St, Ocean View, DE 19970 since 12 February 2024 and is currently estimated at $429,991, approximately $330 per square foot. This property was built in 1979. 508 Lloyd St 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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