NOT LISTED FOR SALE

Estimated Value: $2,359,000 - $4,093,000

4 Beds
2.5 Baths
1,900 Sq Ft
$1,698/Sq Ft Est. Value

Last Sold December 29, 2015

Last sale price $1,050,000 $553 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $17,480/month

63 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • No HOA
  • Lord Baltimore Elementary School Rated A-
  • Attic
  • Cottage

About This Home

As of December 2015

LOCATION, LOCATION, LOCATION! 3rd house from the beach!! 4 Bedroom/1.5 bath main house with 3 seasons screened porch & back patio plus 1 bedroom / 3/4 bath guest house with living area/2 bedroom, washer/dryer and outside shower. Just steps to the beach! (Verification of the year built in process)

Last Agent to Sell the Property

MEREDITH CHADWICK

(302) 841-8644 rentals@jackhickmanrealestate.com JACK HICKMAN REAL ESTATE Listed on: 08/07/2015

Last Buyer's Agent

MARJORIE ECKERD

(302) 245-8740 marjie.eckerd@gmail.com Investment Property Services LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,336

Year Built

  • Built in 1962

Lot Details

  • 4,792 Sq Ft Lot
  • Zoning described as TOWN CODES

Home Design

  • Cottage
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-13.16-38.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,336

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Oven/Range - Electric, Range Hood, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Laminated
  • Interior Amenities: Attic
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Net Sq Ft: 1900.00
  • Price Per Sq Ft: 605.26
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit, Window Unit(s)
  • Heating Type: Wood Burn Stove, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Units: Acres
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5109101
  • Tax Annual Amount: 2336.00
  • Assessor Parcel Number: 134-13.16-38.00
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2015
Closed on
Dec 29, 2015
Sold by
Trustee Of Ellen F Martel Trust
Bought by
Ssgs Llc
Seller's Agent
MEREDITH CHADWICK
JACK HICKMAN REAL ESTATE
Buyer's Agent
MARJORIE ECKERD
Investment Property Services LLC
List Price
$1,150,000
Sold Price
$1,050,000
Premium/Discount to List
-$100,000
-8.7%
Current Estimated Value
$3,226,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,176,000
Avg. Annual Appreciation
11.82%
Original Mortgage
$840,000
Outstanding Balance
$668,288
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$2,557,712
Source: Public Records
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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
Ssgs Llc $1,050,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ssgs Llc $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2015 12/29/15 Sold $1,050,000 -8.7% $553 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $1,150,000 -- $605 / 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
2025 $9,338 $24,800 $12,000 $12,800
2024 $2,479 $24,800 $12,000 $12,800
2023 $2,476 $24,800 $12,000 $12,800
2022 $1,008 $24,800 $12,000 $12,800
2021 $978 $24,800 $12,000 $12,800
2020 $933 $24,800 $12,000 $12,800
2019 $929 $24,800 $12,000 $12,800
2018 $938 $24,800 $0 $0
2017 $945 $24,800 $0 $0
2016 $833 $24,800 $0 $0
2015 $859 $24,800 $0 $0
2014 $846 $24,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001009020

Bright MLS

APN: 134-13.16-38.00