508 Lake Ct, Ocean View, DE 19970 Property Records

Sussex County property record for 508 Lake Ct, Ocean View, DE 19970

Property Summary

Property TypeSingle Family Home
Details4 ba · 1,590 sqft · built 2022
Lot Size0.312 acres (13,599 sqft)
Owner2 Individual Names on File
Last Sale$487,000 (Mar 2022)
Tax Bill$1,172 (2026)
Deeds & MortgagesOct 2021 Refinance
Mar 2022 Sale & Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN134-8.00-210.00

Property Details

APN / Parcel Number

Primary APN134-8.00-210.00

Interior

Full Baths4 Baths
Plumbing Fixtures8 Plumbing Fixtures
Total Rooms6 Rooms
Stories1 Story
Building Area1,590 sqft Living Area
ElevatorElevator

Exterior

Year BuiltBuilt 2022
Effective Year BuiltEffective 2022
Exterior MaterialWood
Construction TypeFrame
Roof TypeGable
Roof MaterialComposition Shingle
Lot Area13,599 sqft (0.312 acres)
Lot Dimensions166 ft deep x 55 ft wide
Garage TypeMixed
Garage Area816 sqft
Parking Spaces3 Parking Spaces
PorchSlab

Utilities, Heating & Cooling

Heating SystemForced Air with A/C

Location & Zoning

Street Address508 LAKE CT
CityOCEAN VIEW
StateDE
Zip19970-9607
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeMR
Legal DescriptionLAND OF PLEASANT LIVING LOT 19 BLK B
Legal SubdivisionLAND OF PLEASANT LIVING
Legal BlockB
Legal Lot Number19
JurisdictionSUSSEX DE
Township / Civil DivisionSELBYVILLE-FRANKFORD
Census Block Group1
Census Block1036
Census Tract51307

Owner

508 Lake Ct is owned by two individuals who bought it in March 2022.

Source: Sussex County records, as of September 18, 2026

Owner of Record2 Individual Names on File
Mailing Address414 LEANING OAK ST, GAITHERSBURG, MD 20878-2192
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Oct 5, 2021Deed of Trust, Mortgage · Stand-Alone Refinance
BANK OF DELMARVA
Mar 1, 2022Deed, Transfer · Stand-Alone First Mortgage
DRAPER AND KRAMER MORTGAGE CORP.
Jun 1, 2021Deed, Transfer

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleMar 1, 2022 · Amount on File
Deed SaleMar 1, 2022 · Amount on File
Prior SaleJun 1, 2021 · Amount on File
Deed Document Number202210492
Deed Book / Page5652 / 226
Prior Transfer DateAug 14, 2014
Prior Transfer Doc0042990001
Record UpdatedOct 29, 2026

October 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSUSSEX DE
Property Address508 LAKE CT, OCEAN VIEW, DE 19970-9607
Transaction TypeMortgage
Record UpdatedApr 2, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0203660089
DateOct 5, 2021
Book Page20366/89
Instrument20210000061788
Lender
NameBANK OF DELMARVA
Agreement
TypeStand-Alone Refinance
AmountAmount on Record

March 2022: Deed, Transfer

Document TypeDeed
JurisdictionSUSSEX DE
Recording DateMar 1, 2022
Property Address508 LAKE CT, OCEAN VIEW, DE 19970-9607
Document Number0056520226
Book / Page5652 / 226
Instrument DateFeb 25, 2022
Instrument20220000010492
Transaction TypeTransfer
Record UpdatedApr 2, 2026

Transaction

AmountAmount on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address414 LEANING OAK ST, GAITHERSBURG, MD 20878-2192

Mortgage

Document Number20220000010493
DateMar 1, 2022
Instrument20220000010493
Lender
NameDRAPER AND KRAMER MORTGAGE CORP.
Agreement
TypeStand-Alone First Mortgage
AmountAmount on Record
Term361 Months
DueApr 1, 2052

June 2021: Deed, Transfer

Document TypeDeed
JurisdictionSUSSEX DE
Recording DateJun 1, 2021
Property Address508 LAKE CT, OCEAN VIEW, DE 19970-9607
Document Number0054780072
Book / Page5478 / 72
Instrument DateMay 28, 2021
Instrument20210000035508
Transaction TypeTransfer
Record UpdatedSep 25, 2023

Transaction

AmountAmount on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address102 HUME CT SW, LEESBURG, VA 20175-5805

Tax Assessment & Valuation

The 2026 property tax bill for 508 Lake Ct was $1,172, down 1.2% from the year before.

Source: Sussex County assessment roll, as of September 18, 2026

Property Jurisdictions

TypeName
StateDelaware
CountySussex County
Unified School DistrictIndian River School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$1,172.00 (-1.18%)$3,750 (-) Land $3,750$462,800 (-) Land $112,000 Building $350,800
2025$1,186.00$3,750 Land $3,750$462,800 Land $112,000 Building $350,800
2023$1,204.00$3,750 Land $3,750$46,500 Land $7,500 Building $39,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 508 Lake Ct in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective August 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on File
median of 511 individual policies
Nearby Flood Policies995 units insured
incl. 484 condo units
Nearby Flood Claims8 (2012–2025)
Claims Outside the SFHA1 of 8
Most Recent ClaimJul 2025 · rainfall accumulation
Claims by Event
  • Hurricane Sandy, Oct 2012 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 508 Lake Ct is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 95% of Delaware
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemBETHANY BAY PUMP DISTRICT
private · serves 52,684 people · EPA ID DE0000221
Water SourceGroundwater
Last State InspectionFeb 2024
Lead2 ppb (2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 269 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Mediacom Xtream
Cable
1,000 / 50

May also be available: Bloosurf.

Nearby Properties on Lake Ct

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