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38242 Paradisio Court

38242 Paradisio Court, Ocean View, DE 19970
Property in Sussex
Sold Jun 21, 2021
$692,315
$370,000 by Nvr Mortgage Finance Inc
Mortgage Due Jul 01, 2051
Sold Feb 10, 2021
$208,710
Buyer
Local assessors in Ocean View, DE have categorized 38242 Paradisio Court as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 7,470 square feet. The linear feet between the front and back of the lot was measured at 1,660 ft and the front of the lot was measured at 450 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 38242 Paradisio Court has a total of 3,576 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A+. Lots of wood were used in the construction of the exterior walls of the home. The property was last sold in Jun 18, 2021 for $692,315. That's $193.60 per sqft. Prior to that sales transaction, the property was also sold in Feb 8, 2021 for $208,710. 38242 Paradisio Court was last assessed in 2023. The total value of the property was assessed at $6,950. Specifically, the land the property is located on was valued at $6,950. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,872. The initial tax year of delinquency was in 2023. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 9
  • Building Quality: A+
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,470
  • Lot Size Depth Feet: 1,660
  • Lot Size Frontage Feet: 450
  • Total Building Area: 3,576
  • Building Area: 3,576
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,576
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE RESERVES
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE RESERVES LOT 73 PHASE 2B

Ownership

  • Current Owner : LYONS PETER C
  • Current Owner 2: LYONS STEPHANIE C
  • Previous Owner : NVR INC
  • Owner Before Previous Owner: TAC BEACON 2 LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indian River School District
  • School Tax School District: INDIAN RIVER SD
  • Census Tract: 051314

Zoning

  • Zoning: MR

Geography

  • District: INDIAN RIVER
  • Subdivision Phase Number: 2B
  • Parcel: 134-12.00-2361.00
  • Lot: 73
  • Municipality: BALTIMORE HUNDRED
  • Latitude: 38.5306
  • Longitude: -75.1002

    Address

  • Full Address: 38242 Paradisio Ct
  • Address - House Number: 38242
  • Address - Street Name: Paradisio
  • Address - Suffix Type: Ct
  • State: DE
  • City Name: Ocean View
  • Carrier Code: R100
  • 4-Digit Zip Code: 9054
  • Zip Code: 19970

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,872
  • Intital Tax Deliquent Year: 2023

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $370,000
  • First Open Lien Mortgage Lender: NVR MORTGAGE FINANCE INC
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $370,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $89,400
  • Market Land Value: $13,900
  • Market Improvement Value: $75,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,950
  • Assessed Land Value: $6,950

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11841692595
  • Current Sale Price: $692,315
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20210000039720
  • Previous Sale Recording Date: Feb 10, 2021
  • Previous Sale Contract Date: Feb 08, 2021
  • Previous Sale Amount: $208,710
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NVR MORTGAGE FINANCE INC
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $370,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Sussex



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Frequently Asked Questions

What neighborhood is 38242 Paradisio Court located in?
The 38242 Paradisio Court is a located in the neighborhood of Sussex in Sussex, Ocean View.
What is the average sales price for listings in 38242 Paradisio Court?
The average sales price for units in 38242 Paradisio Court is $0 currently.

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