NOT LISTED FOR SALE

7 W Essex St Fenwick Island, DE 19944

Estimated Value: $2,129,000 - $2,474,802

4 Beds
3.5 Baths
3,300 Sq Ft
$692/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $2,000,000 $606 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $12,308/month

Highlights

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

About This Home

As of December 2021

View spectacular sunsets from this pristine,Coastal Style, Canal front home located in Fenwick Island
just one and half blocks from the beach. This home features a light-filled, inverted floor plan with two levels of decks overlooking the water. The open concept floor plan features a gourmet, stainless kitchen and butler's panty with wine cooler. The vaulted ceiling great room provides coziness and warmth
with a stone surrounded gas fireplace. The tiled entryway leads to a living area with wet bar and large sunroom...perfect for entertaining friends. Inlaid oak hardwood, carpet and ceramic tile flooring and custom lighting throughout. Extensive hardscape includes a Koi pond, water fountain,
Trex deck, slate patios and additional outdoor living space under the home with a bar, hot tub and outside shower.
Bring your boat, jet skis, SUP to access the water directly from your patio.
This won't last long, call now to schedule a showing!
This home could conservatively produce $100k-$125k in rental income per year.

Last Agent to Sell the Property

Trevor Clark

1ST CHOICE PROPERTIES LLC License #RA-0020681 Listed on: 10/30/2021

Co-Listed By

ABBY CLARK

1ST CHOICE PROPERTIES LLC

Last Buyer's Agent

Ashley Brosnahan

Long & Foster Real Estate, Inc. License #RA-0031206

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,427

Year Built

  • Built in 2014

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00 x 125.00
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • South Facing Home
  • Back Yard Fenced
  • Extensive Hardscape
  • Property is in excellent condition

Property Views

  • Bay
  • Panoramic
  • Canal
  • Limited

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Architectural Shingle Roof
  • Rubber Roof
  • Metal Roof
  • Aluminum Siding
  • Piling Construction

Interior Spaces

  • 3,300 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Insulated Doors
  • Six Panel Doors
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry
  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Solid Hardwood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Flood Lights

Parking

  • 7 Parking Spaces
  • 6 Driveway Spaces
  • 1 Attached Carport Space
  • Private Parking
  • Gravel Driveway
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Property is near a canal
  • Personal Watercraft
  • Bulkhead
  • Private Dock Site
  • Powered Boats Permitted
  • Deck
  • Screened Patio
  • Water Fountains
  • Exterior Lighting
  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • 120/240V
  • Propane
  • 60 Gallon+ Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Flood Risk

Community Details

  • No Home Owners Association
  • Built by Zonko Builders

Listing and Financial Details

  • Tax Lot 222
  • Assessor Parcel Number 134-23.12-64.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,427

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Craftsman
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-10-30
  • Federal Flood Zone: Yes
  • Year Built: 2014
  • Automatically Close On Close Date: No
  • Remarks Public: View spectacular sunsets from this pristine,Coastal Style, Canal front home located in Fenwick Island just one and half blocks from the beach. This home features a light-filled, inverted floor plan with two levels of decks overlooking the water. The open concept floor plan features a gourmet, stainless kitchen and butler's panty with wine cooler. The vaulted ceiling great room provides coziness and warmth with a stone surrounded gas fireplace. The tiled entryway leads to a living area with wet bar and large sunroom...perfect for entertaining friends. Inlaid oak hardwood, carpet and ceramic tile flooring and custom lighting throughout. Extensive hardscape includes a Koi pond, water fountain, Trex deck, slate patios and additional outdoor living space under the home with a bar, hot tub and outside shower. Bring your boat, jet skis, SUP to access the water directly from your patio. This won't last long, call now to schedule a showing! This home could conservatively produce $100k-$125k in rental income per year.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Electric, Exhaust Fan, Oven - Single, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood, Solid Hardwood, Partially Carpeted, Ceramic Tile
  • Interior Amenities: Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wainscotting, Wet/Dry Bar, Window Treatments, Wood Floors
  • Window Features: Double Pane, Energy Efficient, Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Six Panel, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings, Dry Wall
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Has Laundry, Lower Floor
  • Total Sq Ft: 3300
  • Living Area Sq Ft: 3300
  • Price Per Sq Ft: 530.30
  • Above Grade Finished Sq Ft: 3300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Flood Lights, Gutter System, Hot Tub, Outside Shower, Water Fountains
  • Roof: Architectural Shingle, Metal, Rubber
  • View: Canal, Bay, Limited, Panoramic, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Personal Watercraft (PWC)
  • Water Access: Yes
  • 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

  • Carport Spaces: 1
  • Garage: No
  • Parking Features: Crushed Stone, Private, Under Home Parking
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Off Street, Attached Carport
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V, 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric, 60+ Gallon Tank
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Propane, Phone
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Partially, Rear
  • Land Use Code: RS
  • Lot Features: Bulkheaded
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Screened, Roof
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: SINGLE FAMILY
  • In City Limits: Yes

Building Info

  • Builder Name: Zonko Builders

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5120963
  • School Tax: 1488.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3427.00
  • Assessor Parcel Number: 134-23.12-64.00
  • Tax Lot: 222
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/17/2021

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2021
Closed on
Dec 17, 2021
Sold by
Mullen Michael P and Young Nichol A
Bought by
Daniela Paone Devitt Ret
Seller's Agent
Trevor Clark
1ST CHOICE PROPERTIES LLC
Buyer's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
List Price
$1,750,000
Sold Price
$2,000,000
Premium/Discount to List
$250,000
14.29%
Current Estimated Value
$2,282,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,267
Avg. Annual Appreciation
0.90%
Original Mortgage
$1,500,000
Outstanding Balance
$1,396,481
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$671,531

Purchase Details

Listed on
Dec 7, 2020
Closed on
Nov 23, 2020
Sold by
Butler Francis P and Dayem-Butler Nadia
Bought by
Mullen Michael P and Young Nichol A
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.93%
Original Mortgage
$1,080,000
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Mar 4, 2016
Closed on
Sep 7, 2016
Sold by
Carouge Development Ii Lllc
Bought by
Butler Francis Paul and Butler Nadia Dayem
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Stephanie Bray
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,190,000
Sold Price
$975,000
Premium/Discount to List
-$215,000
-18.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$780,000
Interest Rate
3.48%

Purchase Details

Closed on
Sep 4, 2013
Sold by
Glackin Michelle and Feigenbaum Patricia A
Bought by
Carouge Development Ii Llc

Purchase Details

Closed on
Aug 7, 2012
Sold by
Glackin Michelle and Feigenbaum Patrcia A
Bought by
Glackin Michelle and Feigenbaum Patricia A
Source: Public Records

Range of Values:

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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
Daniela Paone Devitt Ret $2,000,000 None Available
Mullen Michael P $1,350,000 None Available
Butler Francis Paul $975,000 None Available
Carouge Development Ii Llc $435,000 --
Glackin Michelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniela Paone Devitt Ret $1,500,000
Previous Owner Mullen Michael P $1,080,000
Previous Owner Butler Nadia $780,000
Previous Owner Butler Francis Paul $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $2,000,000 +14.3% $606 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
10/30/2021 10/30/21 For Sale $1,750,000 +29.6% $530 / Sq Ft
12/07/2020 12/07/20 For Sale $1,350,000 0.0% $994 / Sq Ft
12/04/2020 12/04/20 Sold $1,350,000 +38.5% $994 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/08/2016 09/08/16 Sold $975,000 -18.1% $362 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $1,190,000 -- $442 / 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 $1,772 $42,550 $7,100 $35,450
2023 $1,770 $42,550 $7,100 $35,450
2022 $1,742 $42,550 $7,100 $35,450
2021 $1,714 $42,550 $7,100 $35,450
2020 $1,616 $42,550 $7,100 $35,450
2019 $1,609 $42,550 $7,100 $35,450
2018 $1,625 $42,550 $0 $0
2017 $1,638 $42,550 $0 $0
2016 $1,393 $41,000 $0 $0
2015 $1,436 $41,000 $0 $0
2014 $466 $13,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2008468

Bright MLS

APN: 134-23.12-64.00