NOT LISTED FOR SALE

1505 Bunting Ave Fenwick Island, DE 19944

Estimated Value: $463,531 - $4,087,000

5 Beds
4 Baths
2,800 Sq Ft
$688/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $2,799,999 $1,000 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $11,032/month

303 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Sandy Beach
  • Phillip C. Showell Elementary School Rated A-
  • Access to Tidal Water
  • Fishing Allowed

About This Home

As of August 2020

Located in the sought after northern part of Fenwick Island where the density is much lower. Less crowds on the beach makes it feel like a private playground. Lifeguards on every other block all through Fenwick. 5 Br. and 4 Ba. maintained to the highest standards. One car garage, open decks, three season porch plus the sound of those waves....Please note this home is a rental during the season. Showings must be made for Saturdays in between tenants. Excellent rental home.

Last Agent to Sell the Property

John Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RB-0002561 Listed on: 09/25/2019

Last Buyer's Agent

Chrisy Tingle

Keller Williams Realty License #RS-0023952

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,917

Year Built

  • Built in 1994

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • West Facing Home
  • Cleared Lot
  • Property is in good condition
  • Property is zoned TN

Parking

  • 1 Car Attached Garage
  • 5 Open Parking Spaces
  • Front Facing Garage
  • Gravel Driveway

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Trash Compactor
  • Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • 4 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Powered Boats Permitted
  • Deck
  • Enclosed patio or porch
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Above Ground Utilities
  • 220 Volts
  • Propane
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 3
  • Assessor Parcel Number 134-23.12-173.00

Community Details

Overview

  • No Home Owners Association
  • Built by Charlie Zonko

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,917

Year Built

Built in 1994

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: items in owners closets
  • Historic: No
  • Home Warranty: No
  • Inclusions: furnishings
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Remarks Public: Located in the sought after northern part of Fenwick Island where the density is much lower. Less crowds on the beach makes it feel like a private playground. Lifeguards on every other block all through Fenwick. 5 Br. and 4 Ba. maintained to the highest standards. One car garage, open decks, three season porch plus the sound of those waves....Please note this home is a rental during the season. Showings must be made for Saturdays in between tenants. Excellent rental home.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Compactor, Dishwasher, Disposal, Dryer, Dryer - Electric, Extra Refrigerator/Freezer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Trash Compactor, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Whirlpool/Hottub, Window Treatments, Wood Floors
  • Window Features: Screens, Sliding, Storm
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 1032.14
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1505

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Bbq Grill, Outside Shower, Secure Storage, Street Lights
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • Spa: No
  • View: Ocean
  • Water Access Features: Boat - Powered, Fishing Allowed, Public Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 5
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground, Cable Tv, Phone Available, Propane
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: RS
  • Lot Features: Cleared
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Outdoor Living Structures: Deck(s), Enclosed, Screened
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: TN
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Charlie Zonko

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5120805
  • School Tax: 2130.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3917.00
  • Assessor Parcel Number: 134-23.12-173.00
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 742
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/25/2020

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Aug 20, 2020
Sold by
Janice Marie Connell Ret
Bought by
Nick C Latsios P Mgmt T
Seller's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
Buyer's Agent
Chrisy Tingle
Keller Williams Realty
List Price
$2,980,000
Sold Price
$2,799,999
Premium/Discount to List
-$180,001
-6.04%
Total Days on Market
303
Current Estimated Value
$1,925,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$874,616
Avg. Annual Appreciation
-7.55%

Purchase Details

Closed on
Sep 23, 1994
Bought by
Connell Janice Marie (Trustee)
Source: Public Records

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Range of Values:

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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
Nick C Latsios P Mgmt T $2,799,999 None Available
Connell Janice Marie (Trustee) $710,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $2,799,999 -3.1% $1,000 / Sq Ft
09/27/2019 09/27/19 Price Changed $2,890,000 -3.0% $1,032 / Sq Ft
09/25/2019 09/25/19 For Sale $2,980,000 -- $1,064 / 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
2024 $2,682 $64,550 $25,000 $39,550
2023 $2,679 $64,550 $25,000 $39,550
2022 $2,636 $64,550 $25,000 $39,550
2021 $2,557 $64,550 $25,000 $39,550
2020 $11 $64,550 $25,000 $39,550
2019 $2,433 $64,550 $25,000 $39,550
2018 $2,457 $64,550 $0 $0
2017 $2,477 $64,550 $0 $0
2016 $2,185 $64,550 $0 $0
2015 $2,251 $64,550 $0 $0
2014 $2,218 $64,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU148686

Bright MLS

APN: 134-23.12-173.00