$65,000
SOLD MAR 8, 2019

8 N Primrose Ln Ocean View, DE 19970

0.58 Acre
$112,069 Price per Acre
25,265 Sq Ft Lot

Recently Sold

13% Below List Price

142 Days on Market

Highlights

  • 0.58 Acre Lot
  • Lord Baltimore Elementary School Rated A-
  • Corner Lot

About This Lot

As of December 2022

Cleared corner lot in quiet community of Country Village in charming town of Ocean View. Lot is ready for you to plan your new home just a few miles to the beach. Easy access to golf, beach, boardwalk, restaurants and stores. Community outdoor pool, outdoor tennis, basketball and shuffleboard courts, playground and picnic pavilion.

Last Agent to Sell the Property

Joanne Young

Compass Listed on: 07/25/2018

Compass

Last Buyer's Agent

Beth Evans

Berkshire Hathaway HomeServices PenFed Realty License #RS-0014021

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $200

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 88x125x86x112
  • Corner Lot
  • Cleared Lot
  • Zoning described as General Residential

HOA Fees

  • $19 Monthly HOA Fees

Utilities

  • Public Hookup Available For Water

Community Details

  • Country Village Subdivision

Listing and Financial Details

  • Tax Lot 845.00
  • Assessor Parcel Number 134-12.00-845.00

Property Details

Property Type

Land

Est. Annual Taxes

$200

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: Cleared corner lot in quiet community of Country Village in charming town of Ocean View. Lot is ready for you to plan your new home just a few miles to the beach. Easy access to golf, beach, boardwalk, restaurants and stores. Community outdoor pool, outdoor tennis, basketball and shuffleboard courts, playground and picnic pavilion.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.77
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

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 Sewer
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 225.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Cleared, Corner
  • Lot Size Acres: 0.58
  • Lot Dimensions: 88x125x86x112
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25247.00
  • Possible Use: Residential
  • Zoning: Q
  • Zoning Description: General Residential
  • 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: 5105830
  • School Tax: 67.00
  • Tax Annual Amount: 200.00
  • Assessor Parcel Number: 134-12.00-845.00
  • Tax Lot: 845.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 03/08/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Dec 1, 2022
Sold by
Carpenter Kayleen E
Bought by
Talarico Jena K and Talarico Michael A
Seller's Agent
Linda Hanna
Patterson-Schwartz-Hockessin
Buyer's Agent
Suzanne Macnab
RE/MAX Coastal
List Price
$385,000
Sold Price
$385,000
Current Estimated Value
$424,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,958
Avg. Annual Appreciation
3.46%
Original Mortgage
$52,800
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 25, 2018
Closed on
Mar 8, 2019
Sold by
Wagner Katherine M
Bought by
Carpenter Kayleen E
Seller's Agent
Joanne Young
Compass
Buyer's Agent
Beth Evans
Berkshire Hathaway HomeServices PenFed Realty
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.90%
Original Mortgage
$224,000
Interest Rate
4.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 14, 2012
Bought by
Wagner Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $385,000 --
Deed $65,000 --
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $52,800 Credit Line Revolving
Previous Owner $232,000 New Conventional
Previous Owner $230,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $224,000 Adjustable Rate Mortgage/ARM
Previous Owner $72,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $385,000 0.0% $239 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $385,000 +492.3% $239 / Sq Ft
03/08/2019 03/08/19 Sold $65,000 -7.0% --
12/14/2018 12/14/18 Pending -- -- --
10/18/2018 10/18/18 Price Changed $69,900 -6.7% --
07/25/2018 07/25/18 For Sale $74,900 -- --
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 $678 $2,000 $2,000 $0
2023 $677 $2,000 $2,000 $0
2022 $651 $2,000 $2,000 $0
2021 $632 $2,000 $2,000 $0
2020 $603 $2,000 $2,000 $0
2019 $379 $2,000 $2,000 $0
2018 $380 $2,000 $0 $0
2017 $381 $2,000 $0 $0
2016 $372 $2,000 $0 $0
2015 $374 $2,000 $0 $0
2014 $373 $2,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002040680

Bright MLS

APN: 134-12.00-845.00