NOT LISTED FOR SALE

3 E Georgetown St Fenwick Island, DE 19944

Estimated Value: $425,345 - $3,649,000

1 Bed
1 Bath
934 Sq Ft
$1,978/Sq Ft Est. Value

Last Sold May 31, 2021

Last sale price $1,300,000 $1,392 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $10,594/month

Highlights

  • Water Oriented
  • Building is oceanfront but unit may not have water views
  • Deck
  • Phillip C. Showell Elementary School Rated A-
  • Coastal Architecture
  • Vaulted Ceiling

About This Home

As of May 2021

Situated just 4 homes off the Oceanfront, this Classic Saltbox cottage is just steps to the beach! An authentic East Coast cottage, this home features cedar siding, exposed wood beam ceilings, beautiful, original hardwood flooring, and built-in low voltage window candles. Remodeled with high quality craftsmanship and finishes, a stunning crisp white kitchen welcomes you, accented with PA Brookhaven cabinets and Corian countertops. Located on quiet East Georgetown Street in the charming town of Fenwick Island, well known for its beautiful wide lifeguarded beach. Centrally located, it is within easy walking distance to many shops and restaurants. Professional plans are available to consider an addition to the existing cottage. Move in condition, ready to be enjoyed this summer, the opportunities for this delightful cottage are endless! Want to create an idyllic Fenwick Island compound? Seller owns the vacant lot on 1 E. Georgetown next to the cottage. The lot size is 38x150. Ask agent for more details.

Last Listed By

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 04/15/2021

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,415

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00
  • Building is oceanfront but unit may not have water views
  • Property is zoned TN

Parking

  • Driveway

Home Design

  • Coastal Architecture
  • Cottage
  • Wood Walls
  • Stick Built Home
  • Cedar

Interior Spaces

  • 934 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Wainscoting
  • Beamed Ceilings
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Deck
  • Enclosed patio or porch

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Propane Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 134-23.12-212.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,415

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Inclusions: See Attached Inclusion List
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-04-15
  • Federal Flood Zone: Yes
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Situated just 4 homes off the Oceanfront, this Classic Saltbox cottage is just steps to the beach! An authentic East Coast cottage, this home features cedar siding, exposed wood beam ceilings, beautiful, original hardwood flooring, and built-in low voltage window candles. Remodeled with high quality craftsmanship and finishes, a stunning crisp white kitchen welcomes you, accented with PA Brookhaven cabinets and Corian countertops. Located on quiet East Georgetown Street in the charming town of Fenwick Island, well known for its beautiful wide lifeguarded beach. Centrally located, it is within easy walking distance to many shops and restaurants. Professional plans are available to consider an addition to the existing cottage. Move in condition, ready to be enjoyed this summer, the opportunities for this delightful cottage are endless! Want to create an idyllic Fenwick Island compound? Seller owns the vacant lot on 1 E. Georgetown next to the cottage. The lot size is 38x150. Ask agent for more details.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Microwave, Oven/Range - Electric, Range Hood, Exhaust Fan, Refrigerator, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Exposed Beams, Stall Shower, Upgraded Countertops, Wainscotting, Window Treatments, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Beamed Ceilings, Vaulted Ceilings, Wood Ceilings, Wood Walls
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 934
  • Living Area Sq Ft: 934
  • Price Per Sq Ft: 1386.51
  • Above Grade Finished Sq Ft: 934
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Cedar
  • Exterior Features: Outside Shower
  • Road Surface Type: Paved
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • 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, Porch(es)
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5120852
  • School Tax: 617.00
  • Tax Annual Amount: 1415.00
  • Assessor Parcel Number: 134-23.12-212.01
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/31/2021

MLS Schools

  • School District Name: INDIAN RIVER

Range of Values:

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Similar Home in Fenwick Island, DE

  • 4 E Georgetown St, Fenwick Island, DE 19944

    $1,899,000

    • 3 Beds
    • 2 Baths
    • 4 E Georgetown St
    • Fenwick Island, DE

    Classic Fenwick Beach cottage located mid-block on the ocean side of the highway. Located in the northern part of the town where the density is low and the beaches are uncrowded. The tree-lined lot, only 1/2 a block to the surf and sand, feels private and secluded. Nice large lot being 50' x 150' which would allow plenty of room for a rebuild when the new owners are ready to make that move. In

    John Kleinstuber JOHN KLEINSTUBER AND ASSOC INC

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ducharme Rudolph R $2,000,000
Closed Ducharme Kathleen F $1,040,000
Closed Lewis Sue A $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2021 05/31/21 Sold $1,300,000 +0.4% $1,392 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $1,295,000 -- $1,387 / 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 $3,071 $18,600 $12,500 $6,100
2023 $781 $18,600 $12,500 $6,100
2022 $769 $18,600 $12,500 $6,100
2021 $746 $18,600 $12,500 $6,100
2020 $716 $18,600 $12,500 $6,100
2019 $713 $18,600 $12,500 $6,100
2018 $719 $18,600 $0 $0
2017 $725 $18,600 $0 $0
2016 $641 $18,600 $0 $0
2015 $660 $18,600 $0 $0
2014 $637 $18,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU180716

Bright MLS

APN: 134-23.12-212.01