NOT LISTED FOR SALE

1611 Coastal Hwy Fenwick Island, DE 19944

Estimated Value: $701,876 - $3,126,000

0.15 Acre
$12,611,460 Price per Acre
6,499 Sq Ft Lot

Last Sold May 31, 2019

Last sale price $475,000

Est. 298% increase in value since last sale

Current estimated payment $10,839/month

176 Days on Market

About This Lot

As of May 2019

Dreaming of your perfect beach house? Sieze this opportunity to build that home on this corner, oceanside lot in Fenwick. Walk to shops, restaurants and the ocean. A rare find and a chance to create your beach house and fill it with memories.

Last Agent to Sell the Property

Stephen Timmons

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002335 Listed on: 11/14/2018

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

MARY JO H. TIMMONS

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Terry Riley

RE/MAX Advantage Realty

RE/MAX Advantage Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $718

Year Built

  • 2019

Lot Details

  • 6,499

Additional Features

  • 6,499 Sq Ft Lot
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 134-23.08-14.00

Property Details

Property Type

Land

Est. Annual Taxes

$718

Year Built

2019

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
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Dreaming of your perfect beach house? Sieze this opportunity to build that home on this corner, oceanside lot in Fenwick. Walk to shops, restaurants and the ocean. A rare find and a chance to create your beach house and fill it with memories.
  • Special Features: None
  • Year Built (Public Record): 2019

Interior Features

  • Price Per Sq Ft: 76.17
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1611

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6499.00
  • Possible Use: Residential
  • Zoning: Q
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5120664
  • School Tax: 417.00
  • Tax Annual Amount: 718.00
  • Assessor Parcel Number: 134-23.08-14.00
  • Tax Lot: A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 05/31/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2018
Closed on
May 31, 2019
Sold by
Brawner William M
Bought by
Wong Michael C and Zorzi Mary E
Seller's Agent
Stephen Timmons
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Terry Riley
RE/MAX Advantage Realty
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Total Days on Market
176
Current Estimated Value
$1,891,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,416,719
Avg. Annual Appreciation
24.10%

Purchase Details

Closed on
Jul 27, 2017
Sold by
Filer William D
Bought by
Brawner Elizabeth Whitney and Reis Melissa Brawner

Purchase Details

Closed on
Mar 21, 2017
Sold by
Ann M Filer Rev Trust
Bought by
Brawner Elizabeth Whitney and Brawner Reis Melissa

Purchase Details

Closed on
Jul 24, 1995
Bought by
Filer Ann M (Estate) Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wong Michael C $475,000 --
Brawner Elizabeth Whitney -- None Available
Brawner Elizabeth Whitney -- None Available
Filer Ann M (Estate) Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Michael C $840,000
Closed Zorzi Mary E $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $475,000 -4.0% --
05/09/2019 05/09/19 Pending -- -- --
11/14/2018 11/14/18 For Sale $495,000 -- --
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 $2,643 $12,500 $12,500 $0
2023 $2,640 $12,500 $12,500 $0
2022 $2,597 $12,500 $12,500 $0
2021 $2,520 $12,500 $12,500 $0
2020 $2,408 $12,500 $12,500 $0
2019 $484 $12,500 $12,500 $0
2018 $489 $12,500 $0 $0
2017 $493 $12,500 $0 $0
2016 $436 $12,500 $0 $0
2015 $449 $12,500 $0 $0
2014 $442 $12,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Timmons

    Seller's Agent in 2019

    Stephen Timmons

    BHHS PenFed (actual)

    (302) 228-5123

    9 Total Sales

    Stephen Timmons
    Section Image

  • M

    Seller Co-Listing Agent in 2019

    MARY JO H. TIMMONS

    BHHS PenFed (actual)

  • T

    Buyer's Agent in 2019

    Terry Riley

    RE/MAX

    (443) 880-0512

    1 in this area

    225 Total Sales

    Terry Riley
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU107962

Bright MLS

APN: 134-23.08-14.00

Delaware Sussex County Fenwick Island 19944

1611 Coastal Hwy, Fenwick Island, DE

This home is located at 1611 Coastal Hwy, Fenwick Island, DE 19944 since 14 November 2018 and is currently estimated at $1,891,719. This property was built in 2019. 1611 Coastal Hwy 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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