NOT LISTED FOR SALE

7 Demarie Dr Ocean View, DE 19970

Estimated Value: $705,217 - $892,000

0.5 Acre
$1,547,108 Price per Acre
21,780 Sq Ft Lot

Last Sold August 23, 2019

Last sale price $140,000 $51 Per Sq Ft

Est. 453% increase in value since last sale

Current estimated payment $4,454/month

151 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • 0.5 Acre Lot
  • Lord Baltimore Elementary School Rated A-
  • Water Oriented
  • Lake Privileges

About This Lot

As of August 2019

Located in the heart of Ocean View and one lot off of Whites Creek, this is a great opportunity to build your dream home! This oversized lot has lots of potential with public water and sewer hook-ups, $100 annual association dues, top-quality homes within the community, nearby shopping, restaurants, beaches, golf, tennis, and pickleball. Plus, Harbor View Marina is just minutes away. Impact fees are due.

Last Listed By

VICKIE YORK

VICKIE YORK AT THE BEACH REALTY Listed on: 02/15/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $350

Year Built

  • 2001

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 111 x 219 x 113 x 221
  • Creek or Stream
  • Cleared Lot

HOA Fees

  • $4 Monthly HOA Fees

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Additional Features

  • Creek or Stream Views
  • Flood Risk

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 134-12.00-2041.00

Community Details

Overview

  • Grandview Shores Subdivision

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Water Oriented
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$350

Year Built

2001

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Located in the heart of Ocean View and one lot off of Whites Creek, this is a great opportunity to build your dream home! This oversized lot has lots of potential with public water and sewer hook-ups, $100 annual association dues, top-quality homes within the community, nearby shopping, restaurants, beaches, golf, tennis, and pickleball. Plus, Harbor View Marina is just minutes away. Impact fees are due.
  • Special Features: None
  • Year Built: 2001

Interior Features

  • Price Per Sq Ft: 7.06
  • Street Number Modifier: 7

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • View: Creek/Stream
  • Water Access: No
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Boat Ramp, Marina/Marina Club, Pier/Dock, Water/Lake Privileges
  • HOA: Yes

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.50
  • Lot Dimensions: 111 x 219 x 113 x 221
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21935.00
  • Possible Use: Residential
  • Zoning: RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5104035
  • Tax Annual Amount: 350.00
  • Assessor Parcel Number: 134-12.00-2041.00
  • Tax Lot: 18
  • Tax Year: 2018
  • Close Date: 08/23/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2015
Bought by
Hoffer Joseph R and Hoffer Linda J
Total Days on Market
151
Current Estimated Value
$773,554

Purchase Details

Closed on
Apr 16, 2015
Bought by
Hoffer Joseph R and Hoffer Linda J

Purchase Details

Closed on
Dec 30, 2014
Sold by
Jeffrey Jeffrey
Bought by
Bofl Federal Bank

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
Hoffer Joseph R -- --
Hoffer Joseph R -- --
Bofl Federal Bank $300,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $140,000 -9.6% $51 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
07/08/2019 07/08/19 Price Changed $154,900 -8.8% $56 / Sq Ft
02/15/2019 02/15/19 For Sale $169,900 -- $62 / 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 $1,437 $33,100 $3,000 $30,100
2023 $1,435 $33,100 $3,000 $30,100
2022 $1,412 $33,100 $3,000 $30,100
2021 $1,370 $33,100 $3,000 $30,100
2020 $1,307 $33,100 $3,000 $30,100
2019 $1,607 $33,100 $3,000 $30,100
2018 $1,620 $33,100 $0 $0
2017 $1,630 $33,100 $0 $0
2016 $1,480 $33,100 $0 $0
2015 $1,514 $33,100 $0 $0
2014 $1,545 $33,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2019

    VICKIE YORK

    VICKIE YORK AT THE BEACH REALTY

  • Tracy Peoples

    Buyer's Agent in 2019

    Tracy Peoples

    Creig Northrop Team of Long & Foster

    (302) 853-5502

    4 in this area

    52 Total Sales

    Tracy Peoples
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Map

Source: Bright MLS

MLS Number: DESU132202

Bright MLS

APN: 134-12.00-2039.00

Delaware Sussex County Ocean View 19970

7 Demarie Dr, Ocean View, DE

Homes for Sale in Ocean View, DE

This home is located at 7 Demarie Dr, Ocean View, DE 19970 since 15 February 2019 and is currently estimated at $773,554, approximately $281 per square foot. This property was built in 2001. 7 Demarie Dr 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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