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48 South Primrose Lane

48 South Primrose Lane, Ocean View, DE 19970
Property in Sussex
Sold Feb 10, 2017
$208,000
$188,000 by State Employees Credit Union
Mortgage Due Aug 01, 2041
Sold Nov 12, 1999
$139,500
Local assessors in Ocean View, DE have categorized 48 South Primrose Lane as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 10,498 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 750 ft. There are also 2 partial bathrooms. 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 48 South Primrose Lane has a total of 2,048 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 210 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 672 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 - B-. The building has a gable style roof that was made of wood shake/ shingles. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 48 South Primrose Lane was last sold in Feb 7, 2017 for $208,000. According to our calculations, that's $101.56 per sqft. Prior to that sales transaction, the property was sold for $139,500 in Jan 1, 1970. Current property owners are expected to pay $862 in taxes per year. The property on 48 South Primrose Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $19,900. To break that down further, the land itself was valued at $2,000. While improvements to the property were assessed at a total of $17,900. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: B-
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 210
  • Garage Type: Garage
  • Garage Square Area: 672
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,498
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,048
  • Gross Building Area: 1,432
  • Building Area: 2,048
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,048
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN VIEW
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COUNTRY VILLAGE LOT 52 BLK B

Ownership

  • Current Owner : DARE CARRIE A
  • Current Owner 2: DARE JASON A
  • Previous Owner : MOY HELEN NG
  • Previous Owner 2: MOY JAMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indian River School District
  • School Tax School District: INDIAN RIVER SD
  • Census Tract: 051313

Zoning

  • Zoning: TN

Geography

  • District: INDIAN RIVER
  • Parcel: 134-12.00-734.00
  • Block: B
  • Lot: 52
  • Municipality: 19970
  • Latitude: 38.5395
  • Longitude: -75.1106

    Address

  • Full Address: 48 S Primrose Ln
  • Address - House Number: 48
  • Street Direction: S
  • Address - Street Name: Primrose
  • Address - Suffix Type: Ln
  • State: DE
  • City Name: Ocean View
  • Carrier Code: R089
  • 4-Digit Zip Code: 9206
  • Zip Code: 19970

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $862

    Appraisal Valuation

  • Standard Deviation: 0.2196
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 69
  • Final Value: 430,764
  • High Value: 525,378
  • Low Value: 336,151

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $188,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jul 16, 2021
  • First Open Lien Mortgage Loan Amount: $188,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2041

    Market Valuation

  • Market Total Value: $39,800
  • Market Land Value: $4,000
  • Market Improvement Value: $35,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,900
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $17,900

    Sales

  • Current Sale Contract Date: Feb 07, 2017
  • Current Sale Recording Date: Feb 10, 2017
  • Current Sale Transaction ID: 1972147567
  • Current Sale Price: $208,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5585
  • Previous Sale Recording Date: Nov 12, 1999
  • Previous Sale Amount: $139,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE NETWORK INC
  • First Mortgage Transaction Date: Feb 10, 2017
  • First Mortgage Loan Amount: $197,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2047

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Frequently Asked Questions

What neighborhood is 48 South Primrose Lane located in?
The 48 South Primrose Lane is a located in the neighborhood of Sussex in Ocean View, Ocean View.
What is the average sales price for listings in 48 South Primrose Lane?
The average sales price for units in 48 South Primrose Lane is $0 currently.

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