NOT LISTED FOR SALE

Estimated Value: $554,647 - $2,990,000

6 Beds
5.5 Baths
3,200 Sq Ft
$642/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $2,192,476 $685 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $11,760/month

61 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Gourmet Kitchen
  • Phillip C. Showell Elementary School Rated A-
  • Building is oceanfront but unit may not have water views
  • Open Floorplan

About This Home

As of October 2022

MOTIVATED SELLTER! OCEANSIDE! Just 30 yards to the beach with ocean views and a private pool. A successful rental with $170,360 projected for 2022. A very spacious and contemporary home that offers an inverted floorplan with a living room with a gas fireplace, custom trim work, an upgraded kitchen with gray custom cabinets and stainless steel appliances with 2 refrigerators, dining area, lots of room for seating everyone, plus a trex deck to enjoy the cool ocean breezes and have a crab feast. Off the living room, you will find a primary bedroom and private bath plus 2 additional guest bedrooms, and 1.5 bathrooms. On the 1st floor, you will see a family room, a luxurious primary bedroom with a fireplace and private bath, another deck to check out the ocean, an ensuite with a private bathroom and a guest bedroom and guest bathroom. On the ground level is a nice foyer area to walk out to your own private pool with a surround deck to enjoy after a long day at the beach also the perfect place to relax before dinner and there are 2 outdoor showers. Excellent rental history, max 12 people. Life-guarded beaches, great restaurants, shopping, state parks and minutes away from Ocean City and Bethany destinations.

Last Agent to Sell the Property

VICKIE YORK

VICKIE YORK AT THE BEACH REALTY Listed on: 06/01/2022

Last Buyer's Agent

Shirley Price

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,211

Year Built

  • Built in 2002

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
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Carpet
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Off-Street Parking

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 12
  • Assessor Parcel Number 134-23.08-16.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,211

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-06-01
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: MOTIVATED SELLTER! OCEANSIDE! Just 30 yards to the beach with ocean views and a private pool. A successful rental with $170,360 projected for 2022. A very spacious and contemporary home that offers an inverted floorplan with a living room with a gas fireplace, custom trim work, an upgraded kitchen with gray custom cabinets and stainless steel appliances with 2 refrigerators, dining area, lots of room for seating everyone, plus a trex deck to enjoy the cool ocean breezes and have a crab feast. Off the living room, you will find a primary bedroom and private bath plus 2 additional guest bedrooms, and 1.5 bathrooms. On the 1st floor, you will see a family room, a luxurious primary bedroom with a fireplace and private bath, another deck to check out the ocean, an ensuite with a private bathroom and a guest bedroom and guest bathroom. On the ground level is a nice foyer area to walk out to your own private pool with a surround deck to enjoy after a long day at the beach also the perfect place to relax before dinner and there are 2 outdoor showers. Excellent rental history, max 12 people. Life-guarded beaches, great restaurants, shopping, state parks and minutes away from Ocean City and Bethany destinations.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 3200
  • Price Per Sq Ft: 781.22
  • Above Grade Finished Sq Ft: 3200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 3
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3
  • Upper Level Full Bathrooms: 2
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Outside Shower
  • View: Ocean, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

  • Land Use Code: RS
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5120669
  • Tax Annual Amount: 3211.00
  • Assessor Parcel Number: 134-23.08-16.00
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Close Date: 10/05/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Oct 4, 2022
Sold by
Mongar Susan E
Bought by
Casten Gregory and Casten Kelly
Seller's Agent
VICKIE YORK
VICKIE YORK AT THE BEACH REALTY
Buyer's Agent
Shirley Price
Long & Foster Real Estate, Inc.
List Price
$2,795,900
Sold Price
$2,192,476
Premium/Discount to List
-$603,424
-21.58%
Total Days on Market
61
Views
19
Current Estimated Value
$2,053,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$138,564
Avg. Annual Appreciation
-2.42%
Original Mortgage
$1,000,000
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 26, 2000
Bought by
Mongar Susan E Andrew L Mongar
Source: Public Records

Range of Values:

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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
Casten Gregory -- --
Mongar Susan E Andrew L Mongar $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casten Gregory $2,313,000
Closed Casten Gregory $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $2,192,476 -12.3% $685 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
06/23/2022 06/23/22 Price Changed $2,499,900 -10.6% $781 / Sq Ft
06/01/2022 06/01/22 For Sale $2,795,900 -- $874 / 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 $2,763 $58,300 $12,500 $45,800
2023 $2,421 $58,300 $12,500 $45,800
2022 $2,382 $58,300 $12,500 $45,800
2021 $2,311 $58,300 $12,500 $45,800
2020 $2,209 $58,300 $12,500 $45,800
2019 $2,199 $58,300 $12,500 $45,800
2018 $2,220 $58,300 $0 $0
2017 $2,239 $58,300 $0 $0
2016 $1,975 $58,300 $0 $0
2015 $2,059 $58,300 $0 $0
2014 $2,029 $58,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2022456

Bright MLS

APN: 134-23.08-16.00