NOT LISTED FOR SALE

40 Oyster Bay Dr Fenwick Island, DE 19944

Estimated Value: $1,824,000 - $3,438,000

0.13 Acre
$20,212,823 Price per Acre
5,663 Sq Ft Lot

Last Sold June 11, 2021

Last sale price $435,000

Est. 504% increase in value since last sale

Current estimated payment $14,474/month

Highlights

  • Home fronts navigable water
  • Water Access
  • No HOA
  • Phillip C. Showell Elementary School Rated A-

About This Lot

As of June 2021

Canal front Oyster Bay, bulkheaded

Last Agent to Sell the Property

John Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RB-0002561 Listed on: 03/24/2021

Last Buyer's Agent

John Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RB-0002561 Listed on: 03/24/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $786

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50.00 x 115.00
  • Home fronts navigable water
  • Property is zoned TN

Additional Features

  • Flood Risk
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 162-A
  • Assessor Parcel Number 134-23.20-28.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Access
  • Property is near a canal
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$786

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Canal front Oyster Bay, bulkheaded
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 79.45
  • Street Number Modifier: 40

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: RI
  • Lot Features: Bulkheaded
  • Lot Size Acres: 0.13
  • Lot Dimensions: 50.00 x 115.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Year Assessed: 2020
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5121614
  • School Tax: 252.00
  • Tax Annual Amount: 786.00
  • Assessor Parcel Number: 134-23.20-28.00
  • Tax Lot: 162-A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/11/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Jun 3, 2021
Sold by
Muench Norbert H and Muench Mabel A
Bought by
Robert Curtis Smith Lt
Seller's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
Buyer's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
List Price
$449,900
Sold Price
$435,000
Premium/Discount to List
-$14,900
-3.31%
Current Estimated Value
$2,627,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,192,667
Avg. Annual Appreciation
35.05%
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
Robert Curtis Smith Lt $435,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $435,000 -3.3% --
03/24/2021 03/24/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $449,900 -- --
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 $2,213 $7,600 $6,950 $650
2023 $2,210 $7,600 $6,950 $650
2022 $322 $7,600 $6,950 $650
2021 $313 $7,600 $6,950 $650
2020 $302 $7,600 $6,950 $650
2019 $301 $7,600 $6,950 $650
2018 $303 $7,600 $0 $0
2017 $306 $7,600 $0 $0
2016 $271 $7,600 $0 $0
2015 $279 $7,600 $0 $0
2014 $275 $7,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Kleinstuber

    Seller's Agent in 2021

    John Kleinstuber

    JOHN KLEINSTUBER AND ASSOC INC

    (302) 542-5288

    79 in this area

    85 Total Sales

    John Kleinstuber
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Map

Source: Bright MLS

MLS Number: DESU179834

Bright MLS

APN: 134-23.20-28.00

Delaware Sussex County Fenwick Island 19944

40 Oyster Bay Dr, Fenwick Island, DE

This home is located at 40 Oyster Bay Dr, Fenwick Island, DE 19944 since 24 March 2021 and is currently estimated at $2,627,667. 40 Oyster Bay Dr 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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