NOT LISTED FOR SALE

72 Atlantic Ave Ocean View, DE 19970

Estimated Value: $191,000 - $460,713

0.66 Acre
$505,194 Price per Acre
28,750 Sq Ft Lot

Last Sold October 18, 2022

Last sale price $400,000

Est. 17% decrease in value since last sale

Current estimated payment $1,853/month

6 Days on Market

Highlights

  • 0.66 Acre Lot
  • Partially Wooded Lot
  • No HOA
  • Lord Baltimore Elementary School Rated A-

About This Lot

As of October 2022

Commercial zoned .66 acre lot on the high-traffic Rt. 26 Atlantic Avenue - directly across from WSFS Bank is perfect for your next business! Partially wooded. Features approved DelDot entrance on the non-wooded side, approved for up to 4,000 sq. ft building, and public water and sewer hookup is available. GREAT LOCATION with lofty exposure just over 1 mi. from Bethany Beach.

Last Agent to Sell the Property

Monica Arseneau

Century 21 Emerald License #RS0037173 Listed on: 08/13/2022

Century 21 Emerald

Last Buyer's Agent

Monica Arseneau

Century 21 Emerald License #RS0037173 Listed on: 08/13/2022

Century 21 Emerald

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $741

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 160.00 x 204.00
  • Partially Wooded Lot
  • Property is zoned C1, C1-Commercial

Schools

  • Sussex Central High School

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 134-12.00-536.00

Property Details

Property Type

Land

Est. Annual Taxes

$741

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Commercial zoned .66 acre lot on the high-traffic Rt. 26 Atlantic Avenue - directly across from WSFS Bank is perfect for your next business! Partially wooded. Features approved DelDot entrance on the non-wooded side, approved for up to 4,000 sq. ft building, and public water and sewer hookup is available. GREAT LOCATION with lofty exposure just over 1 mi. from Bethany Beach.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 13.91
  • Street Number Modifier: 72

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Features: Not In Development, Partly Wooded, Road Frontage
  • Lot Size Acres: 0.66
  • Lot Dimensions: 160.00 x 204.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28750.00
  • Possible Use: Commercial, Medical/Dental, Office, Professional Service, Restaurant, Retail
  • Year Assessed: 2021
  • Zoning: C1
  • Zoning Description: C1-Commercial
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5105449
  • School Tax: 79.00
  • Tax Annual Amount: 741.00
  • Assessor Parcel Number: 134-12.00-536.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/18/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2022
Closed on
Oct 17, 2022
Sold by
Long Neck Medical Enterprises Llc
Bought by
Atlantic Promenade Llc
Seller's Agent
Monica Arseneau
Century 21 Emerald
Buyer's Agent
Monica Arseneau
Century 21 Emerald
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$333,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,572
Avg. Annual Appreciation
-6.34%
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
Atlantic Promenade Llc $400,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $400,000 0.0% --
08/19/2022 08/19/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $399,900 -- --
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 $93 $2,250 $2,250 $0
2023 $93 $2,250 $2,250 $0
2022 $91 $2,250 $2,250 $0
2021 $89 $2,250 $2,250 $0
2020 $85 $2,250 $2,250 $0
2019 $675 $2,250 $2,250 $0
2018 $676 $2,250 $0 $0
2017 $676 $2,250 $0 $0
2016 $666 $2,250 $0 $0
2015 $669 $2,250 $0 $0
2014 $667 $2,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Monica Arseneau

    Seller's Agent in 2022

    Monica Arseneau

    Century 21 Emerald

    (302) 644-2121

    1 in this area

    38 Total Sales

    Monica Arseneau
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Map

Source: Bright MLS

MLS Number: DESU2027352

Bright MLS

APN: 134-12.00-536.00

Delaware Sussex County Ocean View 19970

72 Atlantic Ave, Ocean View, DE

This home is located at 72 Atlantic Ave, Ocean View, DE 19970 since 13 August 2022 and is currently estimated at $333,428. 72 Atlantic Ave 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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