NOT LISTED FOR SALE

Estimated Value: $4,574,000 - $6,187,099

5 Beds
6 Baths
4,750 Sq Ft
$1,115/Sq Ft Est. Value

Sale Details

Date Sold: April 2, 2021

Last sale price $2,400,000 $505 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $30,065 / mo

Highlights

  • Ocean View
  • Beach
  • Water Oriented
  • Lord Baltimore Elementary School Rated A-
  • Private Beach
  • Building is oceanfront but unit may not have water views

About This Home

As of April 2021

One lot back from the ocean, this exceptional custom designed home offers stunning views! A thoughtfully configured inverted floor plan offers modern architectural design features and provides over 4,700 square feet of inviting interior space and multiple levels of spacious outdoor decking. Located in the prestigious gated community of Gulls Nest with a private lifeguarded beach, this home is well-appointed with numerous high-end quality construction details including hurricane shutters and reinforced cross tie foundation rods. The third-floor great room offers window lined walls, hardwood floors, and a kitchen design that opens to a large front deck, creating an elegant yet comfortable space to entertain or to just relax and enjoy the sound of the waves. A fourth-floor owner's suite offers expansive views, high vaulted ceilings, and a generously sized bathroom with a whirlpool tub, shower, and dual vanity sink. Additional design features throughout include an elevator, two separate family rooms with a bar, two wood burning fireplaces, multiple decks, two outdoor showers, and a full outdoor bathroom. The 12,000 sq. foot lot offers a large rear yard, deck, and custom patio, ideal for entertaining and leaves plenty of room for a private pool. Showings will be scheduled after interior updates are fully completed.

Last Agent to Sell the Property

Henry Jaffe

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty Listed on: 03/05/2021

Monument Sotheby's International Realty

Last Buyer's Agent

Leslie Kopp

(302) 539-9040 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1998

Lot Details

  • 11,761 Sq Ft Lot
  • Lot Dimensions are 75.00 x 160.00
  • Building is oceanfront but unit may not have water views
  • Private Beach
  • East Facing Home
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Cleared Lot
  • Property is in good condition
  • Property is zoned MR

HOA Fees

  • $216 Monthly HOA Fees

Property Views

  • Ocean
  • Panoramic

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home
  • Dryvit Stucco

Interior Spaces

  • 4,750 Sq Ft Home
  • Property has 4 Levels
  • 1 Elevator
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Curved or Spiral Staircase
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Double Pane Windows
  • Window Treatments
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Family Room Off Kitchen
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Cooktop
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 6 Parking Spaces
  • 4 Driveway Spaces
  • 2 Attached Carport Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Windows
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 41
  • Assessor Parcel Number 134-09.00-656.00

Community Details

Overview

  • Association fees include common area maintenance, management
  • Gulls Nest HOA
  • Gulls Nest Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,086

Year Built

Built in 1998

Lot Details

0.27 Acres

HOA Fees

$216 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Expected On Market: 2021-03-07
  • Federal Flood Zone: Yes
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Built-In Microwave, Water Heater, Washer, Refrigerator
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dining Area, Elevator, Family Room Off Kitchen, Floor Plan - Open, Recessed Lighting, Skylight(s), Soaking Tub, Spiral Staircase, Wood Floors, Window Treatments, Wet/Dry Bar
  • Window Features: Double Pane, Energy Efficient, Storm
  • Fireplace Features: Fireplace - Glass Doors, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Double Entry, French, Sliding Glass, Storm
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings
  • Foundation Details: Pilings
  • Levels Count: 4
  • Room List: Dining Room, Kitchen, Family Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 4750
  • Living Area Sq Ft: 4750
  • Price Per Sq Ft: 473.47
  • Above Grade Finished Sq Ft: 4750
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 3
  • Lower Level 1 Bedroom: 3
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Levels 2 Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Lower Level 2 Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Dryvit, Stick Built, Wood Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outside Shower, Private Beach
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • View: Ocean, Panoramic
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Parking Features: Crushed Stone
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Carport, Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone, Under Ground
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 2594.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management
  • HOA Name: GULLS NEST
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Lot Features: Cleared, Landscaping, Private
  • Lot Size Acres: 0.27
  • Lot Dimensions: 75.00 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Property Condition: Good
  • Soil Types: Unknown
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5127592
  • School Tax: 2721.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3086.00
  • Assessor Parcel Number: 134-09.00-656.00
  • Tax Lot: 41
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 2, 2021
Sold by
Bought by
Seller's Agent
Henry Jaffe
Monument Sotheby's International Realty
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$2,249,000
Sold Price
$2,400,000
Premium/Discount to List
$151,000
6.71%
Current Estimated Value
$5,295,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,895,366
Avg. Annual Appreciation
15.81%

Purchase Details

Closed on
Aug 18, 1994
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,400,000 None Available
$175,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $2,400,000 +6.7% $505 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $2,249,000 0.0% $473 / Sq Ft
03/05/2021 03/05/21 Price Changed $2,249,000 -- $473 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,594 $82,050 $15,300 $66,750
2024 $4,191 $82,050 $15,300 $66,750
2023 $4,186 $82,050 $15,300 $66,750
2022 $3,334 $82,050 $15,300 $66,750
2021 $3,234 $82,050 $15,300 $66,750
2020 $3,086 $82,050 $15,300 $66,750
2019 $3,072 $82,050 $15,300 $66,750
2018 $3,102 $82,050 $0 $0
2017 $3,128 $82,050 $0 $0
2016 $2,756 $82,050 $0 $0
2015 $2,841 $82,050 $0 $0
2014 $2,799 $82,050 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: DESU178586

Bright MLS

APN: 134-09.00-656.00

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