NOT LISTED FOR SALE

7 Edward Ln Ocean View, DE 19970

Estimated Value: $345,000 - $459,000

2 Beds
1 Bath
950 Sq Ft
$406/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $406,000 $427 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,203/month

10 Days on Market

Highlights

  • Parking available for a boat
  • 0.56 Acre Lot
  • Rambler Architecture
  • Lord Baltimore Elementary School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of September 2023

7 Edward Lane is home to a charming coastal cottage sitting on over half an acre in the heart of Ocean View. This 2 bedroom 1 bathroom home has been lovingly updated through out to include stainless steel appliances, white shaker cabinets and wide plank tile flooring in the kitchen. A freshly painted exterior with a large screened porch attached makes this home extra inviting and the perfect beach escape.

Enjoy plenty of yard space all while being steps from the Assawoman trail and canal. Walk to nearby restaurants, grocery, and the John West Park which is host to tons of year round events, concerts and festivals.


*House is leased one week in September that owner wants to see through*

Last Listed By

Katelyn Townsend

Keller Williams Realty Listed on: 08/11/2023

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,024

Year Built

  • Built in 1966

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 180.00 x 137.00
  • Wooded Lot
  • Side Yard
  • Property is zoned TN

Home Design

  • Rambler Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 950 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • Driveway
  • Parking available for a boat

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Screened Patio
  • Exterior Lighting
  • Outbuilding
  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Central Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 134-12.00-586.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,024

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stainless Steel Appliances, Oven/Range - Electric, Washer/Dryer Stacked
  • Interior Amenities: Attic, Combination Kitchen/Dining, Ceiling Fan(s), Entry Level Bedroom, Tub Shower, Wood Floors
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 950
  • Living Area Sq Ft: 950
  • Price Per Sq Ft: 388.42
  • Above Grade Finished Sq Ft: 950
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Gutter System, Exterior Lighting, Boat Storage, Outbuilding(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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
  • 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

  • Land Use Code: 999
  • Lot Features: Sideyard(s), Trees/Wooded
  • Lot Size Acres: 0.56
  • Lot Dimensions: 180.00 x 137.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24394.00
  • Outdoor Living Structures: Screened, Porch(es)
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 456.00
  • Tax Annual Amount: 1024.00
  • Assessor Parcel Number: 134-12.00-586.00
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 950
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/18/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 18, 2023
Sold by
King John B and King Terri L
Bought by
Spain John A and Spain Thomas D
Seller's Agent
Katelyn Townsend
Keller Williams Realty
Buyer's Agent
Julie Canard
Long & Foster Real Estate, Inc.
List Price
$369,000
Sold Price
$406,000
Premium/Discount to List
$37,000
10.03%
Total Days on Market
10
Views
107
Current Estimated Value
$385,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,163
Avg. Annual Appreciation
-0.33%

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
Spain John A -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King John B $133,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $406,000 +10.0% $427 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $369,000 -- $388 / 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 $521 $12,600 $3,000 $9,600
2023 $520 $12,600 $3,000 $9,600
2022 $512 $12,600 $3,000 $9,600
2021 $497 $12,600 $3,000 $9,600
2020 $474 $12,600 $3,000 $9,600
2019 $840 $12,600 $3,000 $9,600
2018 $844 $12,600 $0 $0
2017 $848 $12,600 $0 $0
2016 $791 $12,600 $0 $0
2015 $804 $12,600 $0 $0
2014 $798 $12,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katelyn Townsend

    Seller's Agent in 2023

    Katelyn Townsend

    Keller Williams Realty

    (302) 841-0199

    3 in this area

    19 Total Sales

    Katelyn Townsend
    Section Image
  • Julie Canard

    Buyer's Agent in 2023

    Julie Canard

    Long & Foster

    (202) 236-2200

    2 in this area

    50 Total Sales

    Julie Canard
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2045926

Bright MLS

APN: 134-12.00-586.00

Delaware Sussex County Ocean View 19970

7 Edward Ln, Ocean View, DE

Homes for Sale in Ocean View, DE

This home is located at 7 Edward Ln, Ocean View, DE 19970 since 11 August 2023 and is currently estimated at $385,837, approximately $406 per square foot. This property was built in 1966. 7 Edward Ln 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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