NOT LISTED FOR SALE

12 W Atlantic St Unit 83 Fenwick Island, DE 19944

Estimated Value: $506,433 - $1,980,000

0.12 Acre
$11,452,983 Price per Acre
5,325 Sq Ft Lot

Last Sold August 07, 2020

Last sale price $370,000

Est. 271% increase in value since last sale

Current estimated payment $7,614/month

1,366 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Beach
  • Canal View
  • Phillip C. Showell Elementary School Rated A-
  • Public Water Access
  • No HOA

About This Lot

As of August 2020

Sought after location in the heart of the town limits of Fenwick Island. Just about 1.25 blocks to the ocean and only 4 blocks to the Dairy Queen!! Walk to all of the nice restaurants Fenwick has to offer. Lifeguards are on every couple of blocks at the beach through the entire town during the season.Atlantic Street is a beautiful street partly due to the many trees that are along the street. Not a lot of rental activity on that particular street for whatever reason, will cut down on traffic.

Last Agent to Sell the Property

John Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RB-0002561 Listed on: 09/20/2016

Last Buyer's Agent

John Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RB-0002561 Listed on: 09/20/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $515

Lot Details

  • 5,325 Sq Ft Lot
  • Lot Dimensions are 50 x 107
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Cleared Lot
  • Property is zoned GENERAL RESIDENTAL, GENERAL RESIDENTIAL

Utilities

  • Water Service Lateral Not Installed
  • Public Hookup Available For Sewer

Additional Features

  • Canal Views
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-23.16-140.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach
  • Public Water Access
  • Property is near a canal
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$515

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Sought after location in the heart of the town limits of Fenwick Island. Just about 1.25 blocks to the ocean and only 4 blocks to the Dairy Queen!! Walk to all of the nice restaurants Fenwick has to offer. Lifeguards are on every couple of blocks at the beach through the entire town during the season.Atlantic Street is a beautiful street partly due to the many trees that are along the street. Not a lot of rental activity on that particular street for whatever reason, will cut down on traffic.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 78.69
  • Street Number Modifier: 12

Exterior Features

  • Construction Completed: No
  • View: Canal
  • Water Access Features: Public Access
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer, Public Hook/Up Avail
  • Water Source: Lateral Not Installed/Must Tap Off Main, Public Hook-Up Available

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Bulkheaded, Cleared
  • Lot Size Acres: 0.12
  • Lot Size Area: 5325
  • Lot Dimensions: 50 x 107
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5325.00
  • Zoning: GENERAL RESIDENTAL
  • Zoning Description: GENERAL RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5121051
  • Tax Annual Amount: 515.00
  • Assessor Parcel Number: 134-23.16-140.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 08/07/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2016
Closed on
Aug 7, 2020
Sold by
Sheinman Ft
Bought by
Dolce John J and Dolce Kathleen M
Seller's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
Buyer's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
List Price
$424,900
Sold Price
$370,000
Premium/Discount to List
-$54,900
-12.92%
Current Estimated Value
$1,374,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,004,358
Avg. Annual Appreciation
25.53%

Purchase Details

Closed on
Mar 16, 2015
Sold by
Paul Paul and Sheinman Zvia
Bought by
Sheinman Paul
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
Dolce John J $370,000 None Available
Sheinman Paul -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $370,000 -11.7% --
06/17/2020 06/17/20 Pending -- -- --
05/28/2019 05/28/19 Price Changed $419,000 -1.4% --
09/26/2018 09/26/18 For Sale $424,900 0.0% --
03/03/2018 03/03/18 Price Changed $424,900 -5.4% --
09/20/2016 09/20/16 For Sale $449,000 -- --
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 $1,512 $7,200 $6,650 $550
2023 $1,510 $7,200 $6,650 $550
2022 $306 $7,200 $6,650 $550
2021 $297 $7,200 $6,650 $550
2020 $287 $7,200 $6,650 $550
2019 $286 $7,200 $6,650 $550
2018 $288 $7,200 $0 $0
2017 $290 $7,200 $0 $0
2016 $258 $7,200 $0 $0
2015 $265 $7,200 $0 $0
2014 $262 $7,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001566388

Bright MLS

APN: 134-23.16-140.00