NOT LISTED FOR SALE

1 E Georgetown St Fenwick Island, DE 19944

Estimated Value: $719,000 - $2,848,000

0.13 Acre
$13,453,846 Price per Acre
5,663 Sq Ft Lot

Last Sold October 07, 2022

Last sale price $999,999

Est. 75% increase in value since last sale

Current estimated payment $9,982/month

236 Days on Market

Highlights

  • Ocean View
  • Building is oceanfront but unit may not have water views
  • No HOA
  • Phillip C. Showell Elementary School Rated A-

About This Lot

As of October 2022

Ocean block lot in the heart of the Town of Fenwick Island. Room for a nice large home with an inground or in-deck pool. A home built on this lot would be an outstanding rental.
A very short walk to the lifeguarded beach in Fenwick. Walking distance to all of the fine dining restaurants that Fenwick has to offer.
Note that the side set backs for this lot is 5' on either side.

Last Agent to Sell the Property

John Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RB-0002561 Listed on: 01/18/2022

Last Buyer's Agent

Kim Hamer

Monument Sotheby's International Realty License #RS-0013968

Monument Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,257

Year Built

  • 2023

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 38 x 150
  • Building is oceanfront but unit may not have water views
  • Property is zoned TN

Additional Features

  • Ocean Views
  • Flood Risk
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 134-23.12-212.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,257

Year Built

2023

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Ocean block lot in the heart of the Town of Fenwick Island. Room for a nice large home with an inground or in-deck pool. A home built on this lot would be an outstanding rental. A very short walk to the lifeguarded beach in Fenwick. Walking distance to all of the fine dining restaurants that Fenwick has to offer. Note that the side set backs for this lot is 5' on either side.
  • Special Features: None
  • Year Built (Public Record): 2023

Interior Features

  • Price Per Sq Ft: 202.90
  • Street Number Modifier: 1

Exterior Features

  • Construction Completed: No
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • 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
  • Land Use Code: RV
  • Lot Size Acres: 0.13
  • Lot Dimensions: 38 x 150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Year Assessed: 2020
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5120851
  • School Tax: 315.00
  • Tax Annual Amount: 1257.00
  • Assessor Parcel Number: 134-23.12-212.00
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/07/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Oct 5, 2022
Sold by
Sue A Lewis Revocable Trust
Bought by
Michelle Batza Railey Revocable Trust
Seller's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$1,149,000
Sold Price
$999,999
Premium/Discount to List
-$149,001
-12.97%
Total Days on Market
236
Views
24
Current Estimated Value
$1,749,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$749,001
Avg. Annual Appreciation
25.88%

Purchase Details

Closed on
Apr 12, 2018
Sold by
Lewis Sue A
Bought by
Sue A Lewis Ret
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Michelle Batza Railey Revocable Trust $999,999 --
Sue A Lewis Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revocabl Michelle Batza Railey $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $999,999 -13.0% --
09/11/2022 09/11/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $1,149,000 -- --
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 $2,303 $9,500 $9,500 $0
2023 $403 $9,500 $9,500 $0
2022 $396 $9,500 $9,500 $0
2021 $385 $9,500 $9,500 $0
2020 $370 $9,500 $9,500 $0
2019 $369 $9,500 $9,500 $0
2018 $372 $9,500 $0 $0
2017 $375 $9,500 $0 $0
2016 $332 $9,500 $0 $0
2015 $342 $9,500 $0 $0
2014 $337 $9,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Kleinstuber

    Seller's Agent in 2022

    John Kleinstuber

    JOHN KLEINSTUBER AND ASSOC INC

    (302) 542-5288

    86 in this area

    92 Total Sales

    John Kleinstuber
    Section Image
  • Kim Hamer

    Buyer's Agent in 2022

    Kim Hamer

    OCEAN ATLANTIC SOTHEBYS

    (302) 745-9914

    13 in this area

    296 Total Sales

    Kim Hamer
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2013712

Bright MLS

APN: 134-23.12-212.00

Delaware Sussex County Fenwick Island 19944

1 E Georgetown St, Fenwick Island, DE

This home is located at 1 E Georgetown St, Fenwick Island, DE 19944 since 18 January 2022 and is currently estimated at $1,749,000. This property was built in 2023. 1 E Georgetown St is a home located in Sussex County with nearby schools including Phillip C. Showell Elementary School, Selbyville Middle School, and Indian River High School.

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