NOT LISTED FOR SALE

Estimated Value: $1,887,000 - $2,142,000

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

Last Sold December 09, 2022

Last sale price $1,775,000

Est. 14% increase in value since last sale

Current estimated payment $10,857/month

210 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Outdoor Shower
  • Lord Baltimore Elementary School Rated A-
  • More Than Two Accessible Exits
  • 2 Attached Carport Spaces

About This Home

As of December 2022

Excellent rental income ($48K plus) with additional potential income from preseason and post season rental weeks that Seller has used for family only. This 6BR, 3 Bath home is only the 5th house from the ocean and very close to the handicap beach access walkway at the end of South Third Street.
Just reduced to $1,775,000 for quick sale and Seller is offering to pay the 2% Buyers portion of Delaware Transfer Tax for acceptable offer written before end of November 2022. Don't miss this great opportunity.

Last Agent to Sell the Property

Douglas Appling

SANDCASTLE REALTY INC License #RB-0001768 Listed on: 04/05/2022

Co-Listed By

DAWN JARMOL

SANDCASTLE REALTY INC

Last Buyer's Agent

Rhonda Frick

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 1971

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 70.00 x 70.00
  • West Facing Home
  • Property is in good condition
  • Property is zoned TN

Home Design

  • Contemporary Architecture
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home
  • CPVC or PVC Pipes
  • Tile

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Carpet

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 4 Driveway Spaces
  • 2 Attached Carport Spaces
  • Gravel Driveway

Outdoor Features

  • Outdoor Shower
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Lord Baltimore Elementary School
  • Indian River Middle School
  • Indian River High School

Utilities

  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash
  • 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 40
  • Assessor Parcel Number 134-20.08-132.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,070

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Round painted coffee table in LR, Square Dining room table, & chairs, Green mirror in LR, picture hanging in basement above love seat.
  • Home Warranty: No
  • Inclusions: As Shown with exceptions below
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-04-05
  • Federal Flood Zone: Yes
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Remarks Public: Excellent rental income ($48K plus) with additional potential income from preseason and post season rental weeks that Seller has used for family only. This 6BR, 3 Bath home is only the 5th house from the ocean and very close to the handicap beach access walkway at the end of South Third Street. Just reduced to $1,775,000 for quick sale and Seller is offering to pay the 2% Buyers portion of Delaware Transfer Tax for acceptable offer written before end of November 2022. Don't miss this great opportunity.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Dryer - Electric, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Range Hood, Washer
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Window Treatments
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Cpvc/Pvc, Stick Built, Tile, Vinyl Siding
  • Exterior Features: Bbq Grill, Exterior Lighting, Outside Shower
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Parking Features: Concrete Driveway, Crushed Stone
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Carport, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: INDIAN RIVER
  • High School: INDIAN RIVER
  • Elementary School Source: 3rd Party
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: INDIAN RIVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.11
  • Lot Dimensions: 70.00 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 48750.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5119585
  • School Tax: 949.00
  • Tax Annual Amount: 2070.00
  • Assessor Parcel Number: 134-20.08-132.00
  • Tax Lot: 40
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/09/2022

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2023
Sold by
Eichensehr Phillip Aaron and Eichensehr Darcee Jo
Bought by
Eichensehr Family Trust and Eichensehr
Total Days on Market
210
Current Estimated Value
$2,027,941

Purchase Details

Listed on
Apr 5, 2022
Closed on
Dec 5, 2022
Sold by
Mary L Suazo Revocable Trust
Bought by
Eichensehr Phillip Aaron and Eichensehr Darcee Jo
Seller's Agent
Douglas Appling
SANDCASTLE REALTY INC
Buyer's Agent
Rhonda Frick
Long & Foster Real Estate, Inc.
List Price
$1,925,000
Sold Price
$1,775,000
Premium/Discount to List
-$150,000
-7.79%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$475,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2013
Sold by
Suazo Mary L
Bought by
The Mary L Suazo Revocable Trust
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
Eichensehr Family Trust -- None Listed On Document
Eichensehr Phillip Aaron $1,775,000 --
The Mary L Suazo Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eichensehr Phillip Aaron $475,000
Previous Owner Mary L Suazo Ret $352,000
Previous Owner Mary L Suazo Ret $352,000
Previous Owner The Mary L Suazo Revocable Trust $166,668
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $1,775,000 0.0% --
10/28/2022 10/28/22 Price Changed $1,775,000 -7.8% --
04/05/2022 04/05/22 For Sale $1,925,000 -- --
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 $1,123 $27,150 $8,950 $18,200
2023 $1,121 $27,150 $8,950 $18,200
2022 $1,103 $27,150 $8,950 $18,200
2021 $1,070 $27,150 $8,950 $18,200
2020 $1,021 $27,150 $8,950 $18,200
2019 $1,017 $27,150 $8,950 $18,200
2018 $1,027 $27,150 $0 $0
2017 $1,035 $27,150 $0 $0
2016 $912 $27,150 $0 $0
2015 $940 $27,150 $0 $0
2014 $926 $27,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2019050

Bright MLS

APN: 134-20.08-132.00