8 Favata Place Ocean View, DE 19970
Estimated Value: $555,000 - $586,000
3
Beds
--
Bath
2,008
Sq Ft
$281/Sq Ft
Est. Value
About This Home
This home is located at 8 Favata Place, Ocean View, DE 19970 and is currently estimated at $564,634, approximately $281 per square foot. 8 Favata Place is a home with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 25, 2018
Sold by
Nvr Inc
Bought by
Douglass Joseph R and Douglass Elizabeth G
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$197,841
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$366,793
Purchase Details
Closed on
Jul 9, 2018
Sold by
Silverstock Wp Llc
Bought by
Nvr Inc
Purchase Details
Closed on
Jun 1, 1989
Bought by
Thornton Robert L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Douglass Joseph R | $380,155 | -- | |
| Nvr Inc | -- | -- | |
| Thornton Robert L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Douglass Joseph R | $228,000 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $1,199 | $3,750 | $3,750 | $0 |
| 2024 | $1,221 | $3,750 | $3,750 | $0 |
| 2023 | $1,221 | $3,750 | $3,750 | $0 |
| 2022 | $1,202 | $3,750 | $3,750 | $0 |
| 2021 | $1,169 | $3,750 | $3,750 | $0 |
| 2020 | $649 | $3,750 | $3,750 | $0 |
| 2019 | $1,094 | $3,750 | $3,750 | $0 |
| 2018 | $142 | $3,750 | $0 | $0 |
| 2017 | $143 | $3,750 | $0 | $0 |
| 2016 | $126 | $3,750 | $0 | $0 |
| 2015 | $130 | $3,750 | $0 | $0 |
| 2014 | $17 | $500 | $0 | $0 |
Source: Public Records
Map
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