NOT LISTED FOR SALE

8 Elliott Ave Ocean View, DE 19970

Estimated Value: $786,816 - $922,000

3 Beds
2 Baths
2,550 Sq Ft
$337/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $487,500 $191 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,986/month

254 Days on Market

Highlights

  • Pier or Dock
  • Water Access
  • 0.5 Acre Lot
  • Lord Baltimore Elementary School Rated A-
  • Cabana
  • Wood Flooring

About This Home

As of July 2017

Unique Spanish style home designed for entertaining with inner court yard, air conditioned sunroom/game room, in-ground pool with air conditioned 450 sf pool house, workshop and 1000 sf basement. Relax in the large master bedroom suite with gas fireplace, sunken jacuzzi tub and 4 closets. Energy efficient geothermal heat with pool, irrigation system and hose bibs off of well. Eat-in gourmet kitchen with 2 dishwashers, Zodiac Granite counters, stainless appliances, 6 burner burner commercial gas stove and hood, instant hot water, trash compactor and built-in TV. Truly a one of a kind home for a special buyer looking for the best.

Last Listed By

Joanne Young

Compass Listed on: 09/15/2016

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,271

Year Built

  • Built in 2003

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 124x177x125x171
  • Property is Fully Fenced
  • Landscaped
  • Sprinkler System
  • Zoning described as TOWN CODES

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • Stick Built Home
  • Stucco

Interior Spaces

  • 2,550 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Space For Rooms

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Water Access
  • Enclosed patio or porch

Location

  • Flood Risk

Utilities

  • Geothermal Heating and Cooling
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-12.00-2036.00

Community Details

Overview

  • Grandview Shores Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,271

Year Built

Built in 2003

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Mediterranean
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Remarks Public: Unique Spanish style home designed for entertaining with inner court yard, air conditioned sunroom/game room, in-ground pool with air conditioned 450 sf pool house, workshop and 1000 sf basement. Relax in the large master bedroom suite with gas fireplace, sunken jacuzzi tub and 4 closets. Energy efficient geothermal heat with pool, irrigation system and hose bibs off of well. Eat-in gourmet kitchen with 2 dishwashers, Zodiac Granite counters, stainless appliances, 6 burner burner commercial gas stove and hood, instant hot water, trash compactor and built-in TV. Truly a one of a kind home for a special buyer looking for the best.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Range Hood, Six Burner Stove, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Island, Combination Kitchen/Dining, Entry Level Bedroom, Cedar Closet(s), Ceiling Fan(s), Skylight(s), Whirlpool/Hottub, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Level Count: 1
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full, Interior Access, Space For Rooms
  • Living Area Units: Square Feet
  • Total Sq Ft: 2550
  • Living Area Sq Ft: 2550
  • Net Sq Ft: 2550.00
  • Price Per Sq Ft: 203.88
  • Above Grade Finished Sq Ft: 2550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Cabana/Pool House
  • Construction Materials: Stick Built, Stucco
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler
  • Pool Features: In Ground
  • Roof: Architectural Shingle
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Geothermal
  • Heating Fuel: Geo-Thermal
  • Heating Type: Geothermal
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pier/Dock
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Fencing: Fully
  • Lot Features: Landscaping
  • Lot Size Acres: 0.50
  • Lot Size Area: 1
  • Lot Dimensions: 124x177x125x171
  • Lot Size Units: Acres
  • Lot Sq Ft: 21780.00
  • Outdoor Living Structures: Porch(es), Enclosed
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5104029
  • Tax Annual Amount: 2271.00
  • Assessor Parcel Number: 134-12.00-2036.00
  • County Tax Payment Frequency: Annually
  • Close Date: 07/21/2017

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2016
Closed on
Jul 24, 2017
Sold by
Lloyd H Cravener
Bought by
Sahu Kaluc and Sahu Suchitra
Seller's Agent
Joanne Young
Compass
Buyer's Agent
Russell Griffin
Keller Williams Realty
List Price
$524,900
Sold Price
$487,500
Premium/Discount to List
-$37,400
-7.13%
Total Days on Market
254
Current Estimated Value
$859,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,454
Avg. Annual Appreciation
7.50%
Original Mortgage
$390,000
Outstanding Balance
$329,282
Interest Rate
3.96%
Estimated Equity
$530,672

Purchase Details

Closed on
Jul 15, 2002
Bought by
Cravener Lloyd H Joy P Cravener

Range of Values:

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Average Value
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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
Sahu Kaluc $487,500 --
Cravener Lloyd H Joy P Cravener $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cravener Lloyd H Joy P Cravener $390,000
Closed Cravener Lloyd H Joy P Cravener --
Previous Owner Cravener Lloyd H $277,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $487,500 -7.1% $191 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
09/15/2016 09/15/16 For Sale $524,900 -- $206 / 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 $1,970 $47,650 $3,000 $44,650
2023 $1,968 $47,650 $3,000 $44,650
2022 $1,936 $47,650 $3,000 $44,650
2021 $1,878 $47,650 $3,000 $44,650
2020 $1,816 $47,650 $3,000 $44,650
2019 $2,152 $47,650 $3,000 $44,650
2018 $2,170 $47,650 $0 $0
2017 $1,809 $47,650 $0 $0
2016 $1,493 $47,650 $0 $0
2015 $1,542 $47,650 $0 $0
2014 $1,517 $47,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001021908

Bright MLS

APN: 134-12.00-2036.00