NOT LISTED FOR SALE

51 Old Orchard Ave Unit 101 Ocean View, DE 19970

Estimated Value: $510,000 - $690,000

5 Beds
5 Baths
2,737 Sq Ft
$214/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $675,000 $247 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,572/month

Highlights

  • Community Indoor Pool
  • Tennis Courts
  • 2 Car Attached Garage
  • Lord Baltimore Elementary School Rated A-
  • Community Center
  • Programmable Thermostat

About This Home

As of April 2023

Coming Soon! This gorgeous home in Ocean View Beach Club with amazing rental history will not last long! Home will be sold fully furnished making it move-in and/or rent ready!

Last Agent to Sell the Property

JAY SCHULMAN

Coldwell Banker Realty License #0037358 Listed on: 03/20/2023

Coldwell Banker Realty

Last Buyer's Agent

Amanda Tingle

Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 2019

Lot Details

  • 3,485

HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Villa
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,737 Sq Ft Home
  • Property has 2 Levels
  • Insulated Doors

Bedrooms and Bathrooms

Schools

  • Indian River High School

Utilities

  • Central Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Programmable Thermostat
  • Propane Water Heater

Additional Features

  • ENERGY STAR Qualified Equipment
  • Lot Dimensions are 28.00 x 125.00

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 134-17.00-900.00

Community Details

Overview

  • $3,500 Capital Contribution Fee
  • Association fees include pool(s), snow removal, trash
  • Built by K Hovnanian Homes
  • Ocean View Beach Club Subdivision
  • Property Manager

Amenities

  • Community Center

Recreation

  • Tennis Courts
  • Community Playground
  • Community Indoor Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,920

Year Built

Built in 2019

Lot Details

0

HOA Fees

$177 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Villa
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-03-24
  • Federal Flood Zone: No
  • Year Built: 2019
  • Automatically Close On Close Date: No
  • Remarks Public: Coming Soon! This gorgeous home in Ocean View Beach Club with amazing rental history will not last long! Home will be sold fully furnished making it move-in and/or rent ready!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2737
  • Living Area Sq Ft: 2737
  • Price Per Sq Ft: 246.62
  • Above Grade Finished Sq Ft: 2737
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 51

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Energy Star Cooling System, Programmable Thermostat
  • Heating Fuel: Propane - Leased
  • Heating Type: Central, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 160.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Community Center, Pool - Outdoor, Pool - Indoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Capital Contribution Fee: 3500.00

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Dimensions: 28.00 x 125.00
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: K Hovnanian Homes

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 10185809
  • School Tax: 1131.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1920.00
  • Assessor Parcel Number: 134-17.00-900.00
  • Tax Lot: 101
  • Tax Total Finished Sq Ft: 1098
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/14/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Apr 12, 2023
Sold by
Moratta Michael
Bought by
King Jeffrey and King Mary Jean
Seller's Agent
JAY SCHULMAN
Coldwell Banker Realty
Buyer's Agent
Amanda Tingle
Coldwell Banker Realty
Sold Price
$675,000
Views
1
Current Estimated Value
$585,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,460
Avg. Annual Appreciation
-6.37%

Purchase Details

Listed on
May 14, 2019
Closed on
Oct 28, 2019
Sold by
K Hovananian At Ocean Vw
Bought by
Marotta Michael and Marotta Sharie
Seller's Agent
Michael Kennedy
Compass
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$419,900
Sold Price
$410,900
Premium/Discount to List
-$9,000
-2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.47%
Original Mortgage
$328,700
Interest Rate
3.6%
Mortgage Type
New Conventional
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
King Jeffrey $675,000 None Listed On Document
Marotta Michael $410,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marotta Michael $328,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $675,000 +64.3% $247 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
10/31/2019 10/31/19 Sold $410,900 -2.1% $150 / Sq Ft
05/14/2019 05/14/19 For Sale $419,900 -- $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 $1,297 $1,500 $1,500 $0
2023 $1,295 $1,500 $1,500 $0
2022 $1,274 $1,500 $1,500 $0
2021 $1,236 $1,500 $1,500 $0
2020 $1,180 $1,500 $1,500 $0
2019 $61 $1,500 $1,500 $0
2018 $61 $1,500 $0 $0
2017 $59 $1,500 $0 $0
2016 $53 $1,500 $0 $0
2015 $54 $1,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JAY SCHULMAN

    Seller's Agent in 2023

    JAY SCHULMAN

    Coldwell Banker Realty

    (267) 251-4401

    6 in this area

    80 Total Sales

    JAY SCHULMAN
    Section Image
  • Amanda Tingle

    Buyer's Agent in 2023

    Amanda Tingle

    Coldwell Banker Realty

    (443) 944-6042

    3 in this area

    193 Total Sales

    Amanda Tingle
    Section Image
  • Michael Kennedy

    Seller's Agent in 2019

    Michael Kennedy

    Compass

    (302) 381-7001

    17 in this area

    696 Total Sales

    Michael Kennedy
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2037424

Bright MLS

APN: 134-17.00-900.00

Delaware Sussex County Ocean View 19945

51 Old Orchard Ave Unit 101, Ocean View, DE

This home is located at 51 Old Orchard Ave Unit 101, Ocean View, DE 19970 since 20 March 2023 and is currently estimated at $585,540, approximately $213 per square foot. This property was built in 2019. 51 Old Orchard Ave Unit 101 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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