NOT LISTED FOR SALE

Estimated Value: $440,805 - $3,251,000

5 Beds
3 Baths
2,264 Sq Ft
$728/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $2,395,000 $1,058 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $9,658/month

5 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Access to Tidal Water
  • Lord Baltimore Elementary School Rated A-
  • Beach
  • Sandy Beach

About This Home

As of May 2020

Oceanfront coastal cottage with the rare opportunity to step from your back deck directly onto a private life-guarded beach. This home offers 5 bedrooms and a spacious open floorplan open with fabulous Ocean views from the family room and kitchen/dining room which spills out to the Oceanfront deck offering the ideal layout for entertaining large gatherings at the beach. With recently updated cement siding, low maintenance Trex decking, and newer HVAC, this home just needs some interior updates to be the perfect oasis. Situated on a spacious 60 x 150 lot, in a highly sought after community, this home offers endless possibilities which include renovation or complete re-build.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 02/13/2020

Long & Foster Real Estate, Inc.

Co-Listed By

Kiki Hargrove

Long & Foster Real Estate, Inc. License #RS-0020565

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 02/13/2020

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,292

Year Built

  • Built in 1979

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 60.00 x 150.00
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Premium Lot
  • Property is zoned MR 724

HOA Fees

  • $196 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Cottage
  • Frame Construction
  • Cement Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,264 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Beamed Ceilings
  • Electric Fireplace
  • Window Treatments
  • Open Floorplan
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Private Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Balcony
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 134-17.16-115.00

Community Details

Overview

  • Association fees include trash, management
  • Middlesex Beach Subdivision
  • Property Manager

Recreation

  • Beach

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,292

Year Built

Built in 1979

Lot Details

0

HOA Fees

$196 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: See Attached List
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1979
  • Remarks Public: Oceanfront coastal cottage with the rare opportunity to step from your back deck directly onto a private life-guarded beach. This home offers 5 bedrooms and a spacious open floorplan open with fabulous Ocean views from the family room and kitchen/dining room which spills out to the Oceanfront deck offering the ideal layout for entertaining large gatherings at the beach. With recently updated cement siding, low maintenance Trex decking, and newer HVAC, this home just needs some interior updates to be the perfect oasis. Situated on a spacious 60 x 150 lot, in a highly sought after community, this home offers endless possibilities which include renovation or complete re-build.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Dining, Exposed Beams, Primary Bedroom - Ocean Front, Window Treatments
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Beamed Ceilings
  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2264
  • Living Area Sq Ft: 2264
  • Price Per Sq Ft: 1057.86
  • Above Grade Finished Sq Ft: 2264
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 56

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cement Siding, Frame, Stick Built
  • Exterior Features: Outside Shower
  • View: Ocean
  • Water Access Features: Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2350.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Security
  • HOA Condo Co-Op Fee Includes: Trash, Management
  • HOA: Yes
  • 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

  • Improvement Assessed Value: 37200.00
  • Land Assessed Value: 24000.00
  • Land Use Code: RS
  • Lot Features: Premium
  • Lot Size Acres: 0.21
  • Lot Dimensions: 60.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9000.00
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es)
  • Year Assessed: 2019
  • Zoning: MR 724
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5117708
  • School Tax: 2019.00
  • Tax Annual Amount: 2292.00
  • Assessor Parcel Number: 134-17.16-115.00
  • Tax Lot: 28
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 05/08/2020

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
May 8, 2020
Sold by
George P Kalas Jr T
Bought by
Johnson Dean A and Johnson Maida J
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$2,195,000
Sold Price
$2,395,000
Premium/Discount to List
$200,000
9.11%
Total Days on Market
5
Current Estimated Value
$1,647,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$747,049
Avg. Annual Appreciation
-6.97%
Original Mortgage
$1,785,000
Outstanding Balance
$1,604,429
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$55,792

Purchase Details

Closed on
Jul 23, 2018
Sold by
Kalas George P Jr Est
Bought by
George P Kalas Jr Cr T

Purchase Details

Closed on
Jul 7, 1993
Bought by
Kalas George P Jr Robert P Kalas
Source: Public Records

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Range of Values:

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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
Johnson Dean A $2,395,000 None Available
George P Kalas Jr Cr T -- --
Kalas George P Jr Robert P Kalas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Dean A $1,785,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $2,395,000 0.0% $1,058 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/14/2020 02/14/20 Price Changed $2,395,000 +9.1% $1,058 / Sq Ft
02/13/2020 02/13/20 For Sale $2,195,000 -- $970 / 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 $2,530 $61,200 $24,000 $37,200
2023 $2,528 $61,200 $24,000 $37,200
2022 $2,487 $61,200 $24,000 $37,200
2021 $2,412 $61,200 $24,000 $37,200
2020 $2,302 $61,200 $24,000 $37,200
2019 $2,292 $61,200 $24,000 $37,200
2018 $2,314 $61,200 $0 $0
2017 $2,333 $61,200 $0 $0
2016 $2,056 $61,200 $0 $0
2015 $2,119 $61,200 $0 $0
2014 $2,087 $61,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU155928

Bright MLS

APN: 134-17.16-115.00