NOT LISTED FOR SALE

Estimated Value: $2,428,000 - $3,087,579

6 Beds
5.5 Baths
3,200 Sq Ft
$865/Sq Ft Est. Value

Last Sold October 05, 2022

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

Est. 26% increase in value since last sale

Current estimated payment $14,640/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@bethanysbest.com VICKIE YORK AT THE BEACH REALTY Listed on: 06/01/2022

Last Buyer's Agent

Shirley Price

(302) 539-9040 shirley@shirleypricesells.com 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

7,405 Sq Ft Lot

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
  • 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

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

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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • 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)
  • 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

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%
Views
19
Current Estimated Value
$2,769,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,050
Avg. Annual Appreciation
7.11%
Original Mortgage
$1,000,000
Outstanding Balance
$450,519
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,319,007

Purchase Details

Closed on
Oct 26, 2000
Bought by
Mongar Susan E Andrew L Mongar
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
Casten Gregory -- None Listed On Document
Mongar Susan E Andrew L Mongar $600,000 --
Source: Public Records

Mortgage History

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

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $4,995 $58,300 $12,500 $45,800
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

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