NOT LISTED FOR SALE

58 Madison Ave Fenwick Island, DE 19944

Estimated Value: $1,066,933 - $1,619,000

4 Beds
3 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold June 05, 2020

Last sale price $930,000

Est. 44% increase in value since last sale

Current estimated payment $7,433/month

177 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Private Dock Site
  • Fishing Allowed
  • Phillip C. Showell Elementary School Rated A-
  • Access to Tidal Water
  • Bay View

About This Home

As of June 2020

This home is a must see, excellent taste in decor and layout makes this an A+. Open living area with bright sunshine from three sides. Large windows and sliders with custom window treatments. Three season room of the dining area for more casual meals, or a crab feast. Large open decks with bay views. 4 Bedrooms and 3 Baths so there is plenty of room for the family and friends. The master bedroom is very special. Custom accent wall behind the bed is fitting for a beach home such as this. Two walk in closets and a huge bathroom with soaking tub and separate shower stall. Huge garage with room for more than two cars. A special area in the rear of the western side included raised space for bikes, water toys and an extra refrig. Care free exterior and decks (trex). Boat lift out back for your boats' special care. Immediate open bay access is less then a minute ride. Walk to the life guarded beach or drive and park at the dune using your parking permit. Walk to everywhere you wish to visit in Fenwick from this wonderful location.

Last Agent to Sell the Property

John Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RB-0002561 Listed on: 11/12/2019

Last Buyer's Agent

Lauren Bunting

Keller Williams Realty Delmarva License #581537

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,617

Year Built

  • Built in 1979 | Remodeled in 2005

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
  • North Facing Home
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Property is in very good condition
  • Property is zoned TN

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Site Parking

Property Views

  • Bay
  • Canal

Home Design

  • Coastal Architecture
  • Wood Walls
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a canal
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Bulkhead
  • Swimming Allowed
  • Private Dock Site
  • Powered Boats Permitted
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Water Treatment System
  • Electric Water Heater
  • Water Conditioner is Owned
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 225
  • Assessor Parcel Number 134-23.16-179.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,617

Year Built

Built in 1979 | Remodeled in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Sold unfurnished
  • Historic: No
  • Home Warranty: No
  • Inclusions: TV on bracket hanging on wall, couch and love seat.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1979
  • Year Renovated: 2005
  • Remarks Public: This home is a must see, excellent taste in decor and layout makes this an A+. Open living area with bright sunshine from three sides. Large windows and sliders with custom window treatments. Three season room of the dining area for more casual meals, or a crab feast. Large open decks with bay views. 4 Bedrooms and 3 Baths so there is plenty of room for the family and friends. The master bedroom is very special. Custom accent wall behind the bed is fitting for a beach home such as this. Two walk in closets and a huge bathroom with soaking tub and separate shower stall. Huge garage with room for more than two cars. A special area in the rear of the western side included raised space for bikes, water toys and an extra refrig. Care free exterior and decks (trex). Boat lift out back for your boats' special care. Immediate open bay access is less then a minute ride. Walk to the life guarded beach or drive and park at the dune using your parking permit. Walk to everywhere you wish to visit in Fenwick from this wonderful location.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer, Oven/Range - Electric, Icemaker, Oven - Double, Washer, Water Conditioner - Owned, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Water Treat System, Window Treatments, Wood Floors
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings, Wood Walls
  • Levels Count: 3+
  • Room Count: 8
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 58

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Rock, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outside Shower, Secure Storage
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • View: Canal, Bay, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Canal
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Parking Features: Concrete Driveway, Paved Driveway
  • Garage Features: Additional Storage Area, Covered Parking, Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Site

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • 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 Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Features: Bulkheaded, Landscaping, No Thru Street
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Deck(s), Enclosed, Screened
  • Property Condition: Good, Very Good
  • Year Assessed: 2019
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5121126
  • School Tax: 1257.00
  • Tax Annual Amount: 2617.00
  • Assessor Parcel Number: 134-23.16-179.00
  • Tax Lot: 225
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/05/2020

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
Miner Donald P and Miner Lucy R
Bought by
Donald Piero Miner Revocable Trust and Lucy Rebecca Miner Revocable Trust
Current Estimated Value
$1,342,483

Purchase Details

Listed on
Nov 12, 2019
Closed on
Jul 5, 2020
Sold by
Strickland William J and Strickland Okeman
Bought by
Miner Donald P and Miner Lucy R
Seller's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
Buyer's Agent
Lauren Bunting
Keller Williams Realty Delmarva
List Price
$970,000
Sold Price
$930,000
Premium/Discount to List
-$40,000
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Aug 7, 2015
Sold by
Fadden Barbara L and Fadden John Joseph
Bought by
Strickland Okemah and Strickland William J
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 Buyer Sale Price Title Company
Donald Piero Miner Revocable Trust -- None Listed On Document
Miner Donald P $930,000 None Available
Strickland Okemah $750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strickland William J $484,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $930,000 -4.1% --
11/12/2019 11/12/19 For Sale $970,000 -- --
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 $1,588 $38,100 $6,300 $31,800
2023 $1,587 $38,100 $6,300 $31,800
2022 $1,585 $38,100 $6,300 $31,800
2021 $1,539 $38,100 $6,300 $31,800
2020 $1,449 $38,100 $6,300 $31,800
2019 $1,443 $38,100 $6,300 $31,800
2018 $1,457 $38,100 $0 $0
2017 $1,469 $38,100 $0 $0
2016 $1,296 $38,100 $0 $0
2015 $859 $38,100 $0 $0
2014 $840 $38,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU151474

Bright MLS

APN: 134-23.16-179.00