NOT LISTED FOR SALE

Estimated Value: $2,061,000 - $3,288,000

7 Beds
5 Baths
-- Sq Ft
5,000 Sq Ft Lot

Last Sold May 17, 2013

Last sale price $1,075,000

Est. 142% increase in value since last sale

Current estimated payment $13,774/month

394 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • No HOA
  • Lord Baltimore Elementary School Rated A-
  • Furnished
  • Breakfast Area or Nook

About This Home

As of May 2013

Only 2 blocks from the surf and sand is this spacious inverted 7BR 5BA beach home. Perfect for large gatherings with 4 master bedrooms, large decks, screened porch, and open floor plan. Close to restaurants and shopping.

Last Agent to Sell the Property

Nancy Rhodes

(302) 537-3400 tim@timrhodes.com RE/MAX Coastal Listed on: 02/27/2012

RE/MAX Coastal

Last Buyer's Agent

Nancy Rhodes

(302) 537-3400 tim@timrhodes.com RE/MAX Coastal Listed on: 02/27/2012

RE/MAX Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,665

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Cleared Lot

Parking

  • Covered Parking

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • Property has 3 Levels
  • Inverted Floor Plan
  • Furnished
  • Ceiling Fan
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Porch

Additional Features

  • Flood Risk
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 134-13.15-135.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,665

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Inverted Floorplan
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven - Self Cleaning, Washer
  • Flooring Type: Carpet
  • Interior Amenities: Breakfast Area, Ceiling Fan(s)
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Pilings
  • Level Count: 3
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Additional Bedroom
  • Basement: No

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 5
  • Full Bathrooms: 5

Exterior Features

  • Construction Materials: Stick Built, Wood Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Garage Features: Covered Parking

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 640.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40x125
  • Lot Size Units: Acres
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5108720
  • Tax Annual Amount: 2665.00
  • Assessor Parcel Number: 134-13.15-135.00
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Expense List: Total Tax Bill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2012
Closed on
May 20, 2013
Sold by
Higdon Thomas L and Higdon Karen R
Bought by
Fruin Stephen F
Seller's Agent
Nancy Rhodes
RE/MAX Coastal
Buyer's Agent
Nancy Rhodes
RE/MAX Coastal
List Price
$1,075,000
Sold Price
$1,075,000
Current Estimated Value
$2,597,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,522,038
Avg. Annual Appreciation
7.09%
Original Mortgage
$750,000
Outstanding Balance
$530,739
Interest Rate
3.45%
Estimated Equity
$2,028,363

Purchase Details

Listed on
Feb 27, 2012
Closed on
May 17, 2013
Sold by
Higdon Thomas L and Higdon Karen R
Bought by
Fruin Stephen F
Seller's Agent
Nancy Rhodes
RE/MAX Coastal
Buyer's Agent
Nancy Rhodes
RE/MAX Coastal
List Price
$1,075,000
Sold Price
$1,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$530,739
Interest Rate
3.45%
Estimated Equity
$2,028,363
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fruin Stephen F $1,075,000 --
Fruin Stephen F $1,075,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fruin Stephen F $750,000
Closed Fruin Stephen F $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2013 05/17/13 Sold $1,075,000 0.0% --
03/27/2013 03/27/13 Pending -- -- --
02/27/2012 02/27/12 For Sale $1,075,000 -- --
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
2025 $3,940 $39,400 $10,000 $29,400
2024 $1,629 $39,400 $10,000 $29,400
2023 $1,627 $39,400 $10,000 $29,400
2022 $1,601 $39,400 $10,000 $29,400
2021 $1,553 $39,400 $10,000 $29,400
2020 $1,482 $39,400 $10,000 $29,400
2019 $1,475 $39,400 $10,000 $29,400
2018 $1,490 $39,400 $0 $0
2017 $1,502 $39,400 $0 $0
2016 $1,324 $39,400 $0 $0
2015 $1,364 $39,400 $0 $0
2014 $1,344 $39,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001208880

Bright MLS

APN: 134-13.15-135.00