NOT LISTED FOR SALE

5 E Indian St Fenwick Island, DE 19944

Estimated Value: $1,508,000 - $1,842,000

3 Beds
1 Bath
-- Sq Ft
7,405 Sq Ft Lot Lot

Sale Details

Date Sold: April 5, 2024

Last sale price $1,670,000 $0 Per Sq Ft

Current estimated payment $9,085 / mo

7 Days on Market

Highlights

  • Home fronts navigable water
  • Public Water Access
  • Building is oceanfront but unit may not have water views
  • Phillip C. Showell Elementary School Rated A-
  • Public Beach
  • View of Trees or Woods

About This Home

As of April 2024

Location, location, location...large 50 by 150ft lot less than 250 ft from the dune access to the Indian St Beach. Amazing opportunity to build/own your dream home with Ocean Views- (room for a pool too)-only 3 lots from the Ocean in family friendly Fenwick Island- conveniently located at the North end of town. Just park your car and relax and enjoy the wide and uncrowded beaches that Fenwick offers. No need to drive- simply walk or bike to restaurants, shops, entertainment, playground, Fenwick boardwalk, waterpark, arcade, mini-golf and more! Welcome to the Delaware Beach lifestyle- memories are just waiting to be made here. (Current home is in need of Major Rehab- Property conveys AS IS)

Last Agent to Sell the Property

Chrisy Tingle

(302) 360-0300 walt.t@kw.com Keller Williams Realty License #RS-0023952 Listed on: 02/16/2024

Keller Williams Realty

Last Buyer's Agent

Kim Hook

(302) 537-3400 kim@kimhook.com RE/MAX Coastal License #RB-0031040

RE/MAX Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,743

Year Built

  • Built in 1960

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
  • Home fronts navigable water
  • Public Beach
  • Back Yard
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Shingle Siding
  • Piling Construction

Interior Spaces

  • Property has 1 Level
  • Partially Furnished
  • Views of Woods

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Shed

Location

  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8SEC.I
  • Assessor Parcel Number 134-23.12-182.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,743

Year Built

Built in 1960

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: See attached list
  • Inclusions: Property conveys contents as seen with short exclusion list
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-02-16
  • Federal Flood Zone: Yes
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Shingle Siding
  • View: Trees/Woods
  • Water Access Features: Public Beach, Public Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • 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: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • 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 Source: Listing Agent

Lot Info

  • Lot Features: Rear Yard
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • School Tax: 584.00
  • Tax Annual Amount: 1742.74
  • Assessor Parcel Number: 134-23.12-182.00
  • Tax Lot: 8SEC.I
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Federal Flood Zone: AO

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 5, 2024
Sold by
Crouse Jeanne Marie
Bought by
Florenzo Daniel J and Florenzo Cassie A
Seller's Agent
Chrisy Tingle
Keller Williams Realty
Buyer's Agent
Kim Hook
RE/MAX Coastal
List Price
$1,690,000
Sold Price
$1,670,000
Premium/Discount to List
-$20,000
-1.18%
Views
52
Current Estimated Value
$1,677,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,412
Avg. Annual Appreciation
0.22%
Original Mortgage
$870,000
Outstanding Balance
$857,050
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$820,362

Purchase Details

Closed on
Jul 11, 2016
Bought by
Mcgrath Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,008
Interest Rate
3.41%

Purchase Details

Closed on
Sep 27, 1991
Bought by
Hoffman Kurt Charles and Jeanne Marie
Source: Public Records
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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
Florenzo Daniel J $1,670,000 None Listed On Document
Mcgrath Nancy -- --
Hoffman Kurt Charles $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Florenzo Daniel J $870,000
Previous Owner Hoffman Kurt Charles $202,008
Previous Owner Hoffman Kurt Charles --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $1,670,000 -1.2% --
02/24/2024 02/24/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $1,690,000 -- --
Source: Bright MLS

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 $3,035 $15,850 $12,500 $3,350
2024 $668 $15,850 $12,500 $3,350
2023 $668 $15,850 $12,500 $3,350
2022 $657 $15,850 $12,500 $3,350
2021 $638 $15,850 $12,500 $3,350
2020 $545 $15,850 $12,500 $3,350
2019 $594 $15,850 $12,500 $3,350
2018 $615 $15,850 $0 $0
2017 $620 $15,850 $0 $0
2016 $548 $15,850 $0 $0
2015 $565 $15,850 $0 $0
2014 $557 $15,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2056004

Bright MLS

APN: 134-23.12-182.00

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