$880,000
SOLD DEC 17, 2024

57 Bayside Dr Fenwick Island, DE 19944

0.11 Acre
$8,000,000 Price per Acre
4,792 Sq Ft Lot

Recently Sold

23% Below List Price

199 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Access to Tidal Water
  • Canal View
  • Phillip C. Showell Elementary School Rated A-
  • Fishing Allowed
  • No HOA

About This Lot

As of December 2024

Rare find! Canal front lot on one of the widest natural canals in Fenwick Island, just a short walk to the beach. Open lot ready to build, positioned towards the end of a quiet street. For boaters and water lovers in the family, near immediate access to the open bay. Beautiful sunset views of the open water.

The sale of this property is to be used as a 1031 like kind exchange on behalf of the seller.

Last Agent to Sell the Property

Matt Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RS0038860 Listed on: 04/01/2024

Last Buyer's Agent

Robert Arlett

Weichert, Realtors - Beach Bound License #RB-0020829

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $556

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • No Through Street
  • Cleared Lot
  • Property is zoned TN

Utilities

  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • Canal Views
  • Flood Risk

Listing and Financial Details

  • Tax Lot 203
  • Assessor Parcel Number 134-23.02-2.01

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Property is near a canal
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Rip-Rap
  • Swimming Allowed
  • Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$556

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Rare find! Canal front lot on one of the widest natural canals in Fenwick Island, just a short walk to the beach. Open lot ready to build, positioned towards the end of a quiet street. For boaters and water lovers in the family, near immediate access to the open bay. Beautiful sunset views of the open water. The sale of this property is to be used as a 1031 like kind exchange on behalf of the seller.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 208.47
  • Street Number Modifier: 57

Exterior Features

  • Construction Completed: No
  • View: Canal, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Features: Cleared, Fishing Available, No Thru Street, Rip-Rapped
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Year Assessed: 2022
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 228.00
  • Tax Annual Amount: 556.00
  • Assessor Parcel Number: 134-23.02-2.01
  • Tax Lot: 203
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/17/2024

Multi Family

  • Waterfront Features: Rip-Rap

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Dec 13, 2024
Sold by
Berke Larry
Bought by
Evg-County Ventures Llc
Seller's Agent
Matt Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
Buyer's Agent
Robert Arlett
Weichert, Realtors - Beach Bound
List Price
$1,150,000
Sold Price
$880,000
Premium/Discount to List
-$270,000
-23.48%
Views
228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
255.57%
Original Mortgage
$1,150,902
Outstanding Balance
$1,146,928
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
$621,107

Purchase Details

Closed on
Feb 14, 2001
Bought by
Berke Larry
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $880,000 None Listed On Document
Deed $880,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,150,902 Construction
Closed $1,150,902 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $2,149,900 +144.3% $878 / Sq Ft
12/17/2024 12/17/24 Sold $880,000 -11.9% --
10/17/2024 10/17/24 Pending -- -- --
05/09/2024 05/09/24 Price Changed $999,000 -13.1% --
04/01/2024 04/01/24 For Sale $1,150,000 -- --
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 $273 $6,300 $6,300 $0
2023 $273 $6,300 $6,300 $0
2022 $269 $6,300 $6,300 $0
2021 $261 $6,300 $6,300 $0
2020 $253 $6,300 $6,300 $0
2019 $252 $6,300 $6,300 $0
2018 $254 $6,300 $0 $0
2017 $256 $6,300 $0 $0
2016 $228 $6,300 $0 $0
2015 $234 $6,300 $0 $0
2014 $231 $6,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2059294

Bright MLS

APN: 134-23.20-2.01