NOT LISTED FOR SALE

21 W South Carolina Ave Fenwick Island, DE 19944

Estimated Value: $551,869 - $3,029,000

4 Beds
2 Baths
1,200 Sq Ft
$1,340/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $495,000 $412 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $8,915/month

17 Days on Market

Highlights

  • 1 Dock Slip
  • Newly Remodeled
  • Canal View
  • Phillip C. Showell Elementary School Rated A-
  • Waterfront
  • Deck

About This Home

As of January 2017

This charming waterfront 3 bedroom 1 bathroom cottage has a 1 bedroom and 1 bath guest cottage that has its own kitchen. The main house has its own deck and there is also a roof deck above the guest cottage. Step off the back deck onto your own slip right into the water. You can't find a better view anywhere in Fenwick Island. The main house has a wood burning fireplace. Freshly painted. New roof. New hot water heaters. New carpet in the bedrooms of the main house. New appliances in main house. Ceiling fans in all bedrooms. Grill masters paradise. A huge area for grilling. New hardiplank siding on the exterior. New sliders in main and guest house. Rent one or the other out or both. The main house rents for $12,000- a season and the guest house rents for $6,000- a season. 3 blocks to the beach and there is even a stoplight at route one making crossing safe as you cross over. Buy now and be in just in time for the new season.

Last Agent to Sell the Property

Frank Hornstein

Iron Valley Real Estate at The Beach Listed on: 11/02/2016

Iron Valley Real Estate at The Beach

Last Buyer's Agent

John Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RB-0002561

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,173

Year Built

  • Built in 1951 | Newly Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • Waterfront
  • Zoning described as GENERAL RESIDENTIAL

Home Design

  • Bungalow
  • Block Foundation
  • Architectural Shingle Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Canal Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near a canal
  • 1 Dock Slip
  • Deck
  • Wrap Around Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Wall Furnace
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-23.16-154.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,173

Year Built

Built in 1951 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: Yes
  • Federal Flood Zone: Yes
  • Year Built: 1951
  • Remarks Public: This charming waterfront 3 bedroom 1 bathroom cottage has a 1 bedroom and 1 bath guest cottage that has its own kitchen. The main house has its own deck and there is also a roof deck above the guest cottage. Step off the back deck onto your own slip right into the water. You can't find a better view anywhere in Fenwick Island. The main house has a wood burning fireplace. Freshly painted. New roof. New hot water heaters. New carpet in the bedrooms of the main house. New appliances in main house. Ceiling fans in all bedrooms. Grill masters paradise. A huge area for grilling. New hardiplank siding on the exterior. New sliders in main and guest house. Rent one or the other out or both. The main house rents for $12,000- a season and the guest house rents for $6,000- a season. 3 blocks to the beach and there is even a stoplight at route one making crossing safe as you cross over. Buy now and be in just in time for the new season.
  • Special Features: 4098
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Tile/Brick, Carpet, Hardwood, Vinyl
  • Interior Amenities: Kitchen - Eat-In, Combination Kitchen/Dining, Ceiling Fan(s), Skylight(s)
  • Fireplace Features: Gas/Propane
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Net Sq Ft: 1200.00
  • Price Per Sq Ft: 441.58
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Hardiplank Type
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Stone Driveway
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Heating Type: Heat Pump(s), Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 578.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Cable
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: .126
  • Lot Size Units: Acres
  • Lot Sq Ft: 5663.00
  • Outdoor Living Structures: Deck(s), Wrap Around, Porch(es)
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5121092
  • Tax Annual Amount: 1173.00
  • Assessor Parcel Number: 134-23.16-154.00
  • County Tax Payment Frequency: Annually
  • Close Date: 01/13/2017

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2016
Closed on
Jan 13, 2017
Sold by
Turner Ty A
Bought by
The Mcgarry Family Trust Dated June 22 2
Seller's Agent
Frank Hornstein
Iron Valley Real Estate at The Beach
Buyer's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
List Price
$529,900
Sold Price
$495,000
Premium/Discount to List
-$34,900
-6.59%
Current Estimated Value
$1,607,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,112,717
Avg. Annual Appreciation
13.15%
Original Mortgage
$396,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1999
Bought by
Turner Ty A
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
The Mcgarry Family Trust Dated June 22 2 $495,000 None Available
Turner Ty A $165,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgarry Family Trust $350,000
Closed The Mcgarry Family Trust Dated June 22 2 $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $495,000 -6.6% $413 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
11/02/2016 11/02/16 For Sale $529,900 -- $442 / 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 $2,067 $17,700 $6,700 $11,000
2023 $768 $17,700 $6,700 $11,000
2022 $732 $17,700 $6,700 $11,000
2021 $711 $17,700 $6,700 $11,000
2020 $682 $17,700 $6,700 $11,000
2019 $679 $17,700 $6,700 $11,000
2018 $685 $17,700 $0 $0
2017 $691 $17,700 $0 $0
2016 $623 $17,700 $0 $0
2015 $641 $17,700 $0 $0
2014 $632 $17,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001023026

Bright MLS

APN: 134-23.16-154.00