NOT LISTED FOR SALE

31478 River Dr Ocean View, DE 19970

Estimated Value: $368,491 - $544,000

3 Beds
2.5 Baths
2,180 Sq Ft
$210/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $425,000 $195 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,698/month

102 Days on Market

Highlights

  • Parking available for a boat
  • Home fronts navigable water
  • Above Ground Pool
  • Lord Baltimore Elementary School Rated A-
  • Private Water Access
  • Home fronts a creek

About This Home

As of September 2023

A boater's and fisherman's delight! You will be pleasantly surprised at the space in this older custom 3 BR 2.5 Bath rancher located in water oriented community of Banks Harbor Retreat one lot from White Creek. This home has an above ground pool, large shed, outdoor H/C shower, fish cleaning station, and attached 2 car garage. Inside the home there is a family room and screened porch addition, a gas woodstove in large living room, huge kitchen/dining room with new fridge. The private Marina is just steps from the home. Property owners can rent or purchase a boat slip and/or use the ramp to launch water craft for a fee. HOA allows owners to keep their boat on their property. With low HOA dues, Banks Harbor offers a fishing pond, "little library", and open spaces making it a great summer retreat or full time home. Located less than 4 miles from Bethany Beach, close to shopping, restaurants, banks, Shops of Millville, the Millville Boardwalk, and Holts Landing State Park. Seller has a boat slip available for purchase.

Last Listed By

PEGGY MULLEN

Keller Williams Realty License #RS-0013298 Listed on: 05/13/2023

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1987 | Remodeled in 2005

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100.00 x 125.00
  • Home fronts a creek
  • Home fronts navigable water
  • Creek or Stream
  • East Facing Home
  • Back, Front, and Side Yard
  • Property is in very good condition
  • Property is zoned MR

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Parking available for a boat

Home Design

  • Rambler Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 2,180 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Partially Furnished
  • Ceiling Fan
  • Double Hung Windows
  • Bay Window
  • Window Screens
  • Insulated Doors
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Creek or Stream Views
  • Crawl Space
  • Storm Doors
  • Attic

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Pool

  • Above Ground Pool
  • Outdoor Shower

Outdoor Features

  • Private Water Access
  • Screened Patio
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Outdoor Grill

Location

  • Flood Risk

Schools

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Propane
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include snow removal, road maintenance, common area maintenance
  • Banks Harbor Retreat Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 134-12.00-268.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,000

Year Built

Built in 1987 | Remodeled in 2005

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Some Furnishings convey.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Year Renovated: 2005
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Country, Primary Bath(s), Window Treatments, Floor Plan - Traditional, Tub Shower
  • Window Features: Bay/Bow, Double Hung, Screens
  • Fireplace: No
  • Door Features: Storm, Insulated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room Count: 7
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2180
  • Living Area Sq Ft: 2180
  • Price Per Sq Ft: 228.90
  • Above Grade Finished Sq Ft: 2180
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31478

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame, Brick Front, Vinyl Siding
  • Exterior Features: Bbq Grill, Boat Storage, Outbuilding(s), Outside Shower, Exterior Lighting
  • Pool Features: Above Ground
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • View: Creek/Stream
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: White Creek
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 288.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane, Sewer Available
  • Water Source: Well
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal, Road Maintenance, Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 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

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.28
  • Lot Dimensions: 100.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Outdoor Living Structures: Screened
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 890.00
  • Tax Annual Amount: 1000.00
  • Assessor Parcel Number: 134-12.00-268.00
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1568
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/15/2023

Multi Family

  • Federal Flood Zone: AE,X

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2023
Closed on
Sep 15, 2023
Sold by
Reardon Kathleen C
Bought by
Stanley Keith
Seller's Agent
PEGGY MULLEN
Keller Williams Realty
Buyer's Agent
PEGGY MULLEN
Keller Williams Realty
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%
Total Days on Market
102
Views
432
Current Estimated Value
$458,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,873
Avg. Annual Appreciation
4.88%

Purchase Details

Closed on
Nov 23, 2002
Bought by
Reardon James P and Reardo Kathleen C

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
Stanley Keith $425,000 None Listed On Document
Reardon James P $174,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $425,000 -14.8% $195 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
05/13/2023 05/13/23 For Sale $499,000 -- $229 / 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 $1,389 $24,600 $3,750 $20,850
2023 $1,417 $24,600 $3,750 $20,850
2022 $1,401 $24,600 $3,750 $20,850
2021 $1,381 $24,600 $3,750 $20,850
2020 $1,375 $24,600 $3,750 $20,850
2019 $1,371 $24,600 $3,750 $20,850
2018 $1,380 $24,600 $0 $0
2017 $1,456 $24,600 $0 $0
2016 $1,344 $24,600 $0 $0
2015 $1,051 $24,600 $0 $0
2014 $1,038 $24,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DESU2040474

Bright MLS

APN: 134-12.00-268.00