NOT LISTED FOR SALE

Estimated Value: $485,244 - $2,456,000

5 Beds
4 Baths
3,750 Sq Ft
$470/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $1,600,000 $427 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,814/month

327 Days on Market

About This Home

As of April 2018

True family getaway! This home is one lot from being ocean front. Quality construciton by Miken in 2006. Lot has been in the same family since the 1950's. 50 steps to the dune crossing for the beach. Ocean views from multiple location in this home. Home is being sold turn-key except for the small list of exclusions. A true family vacation home to build fabulous lifetime memories. Nearby amenities are too many to list. Bethany Beach is 10 minutes north and Ocean City is 5 minutes south, just bring your suitcase! Multiple decks, screened porch, oversized garage, outside shower, potential for additional bedrooms/baths all on 1st floor. 2 large bedrooms boasting en suite baths and ample storage on every level. This home is built for entertaining indoors and out! Additional parking at the siuth side of the home via a shared drive. This home has been well maintained. Awnings will be attached (from storage0 by contractor in the next few weeks. Paradise awaits in this rare ocean block gem!

Last Agent to Sell the Property

Joe Donohue

Patterson-Schwartz-Rehoboth Listed on: 05/01/2017

Patterson-Schwartz-Rehoboth

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,532

Year Built

2006

Lot Details

0

Listing Details

  • Listing Area: Baltimore Hundred (31001)
  • Cross Street: //
  • Design: 3+Story
  • Property Condition: Average+
  • Property Type: Residential
  • Story List: Main, Upper 1
  • Styles: Contemporary
  • Type: Detached
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Dining Room: Yes, On Level: Main
  • Interior Amenities: CeilngFan(s), CableTVWired
  • Primary Bedroom: On Level: Upper 1
  • Appliances: KitIsland
  • Attic: AccessPanel
  • Full Bathrooms: 3
  • Bedroom Fourth: On Level: Upper 1
  • Bedroom Second: On Level: Upper 1
  • Bedroom Third: On Level: Upper 1
  • Dining Kitchen: EatInKitchen
  • Family Room: Yes, On Level: Main
  • Fireplace: Yes
  • Fireplace: OneFP
  • Floor: Wood, Fully Carpeted, Tile/Brick
  • Foundation: ConcreteFoun, Slab
  • Laundry Type: MainFlrLndry
  • Main Floor Bathrooms: 2
  • Main Floor Half Bathrooms: 1
  • Net Sq Ft: 3750.0
  • Room List: Living Room, Dining Room, Bedroom-Master, Bedroom-Second, Bedroom-Third, Bedroom-Fourth, Kitchen, Family Room

Exterior Features

  • Exterior: Vinyl Siding
  • Pool: NoPool
  • Porch/Deck Type: Deck, Porch
  • Water: Public

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2-CarGarage
  • Has Garage: Yes
  • Parking: Street, Drvwy/Off Str

Utilities

  • Heating: HtPump-EBkUp
  • Central Air Conditioning: Yes
  • Cooking Fuel: ElecCooking
  • Cooling: Central A/C
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer

Schools

  • School District: Indian River

Lot Info

  • Lot Dimensions: 44 X 150
  • Zoning Code: TWCDS

Multi Family

  • Handicap: MoblImprMods

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Apr 20, 2018
Sold by
Green Sylvia T and Taylor Barbara F
Bought by
8 East King Llc
Seller's Agent
Joe Donohue
Patterson-Schwartz-Rehoboth
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,850,000
Sold Price
$1,600,000
Premium/Discount to List
-$250,000
-13.51%
Current Estimated Value
$1,762,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,415
Avg. Annual Appreciation
0.88%
Original Mortgage
$800,000
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
8 East King Llc $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 8 East King Llc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $1,600,000 -5.9% $427 / Sq Ft
03/24/2018 03/24/18 Pending -- -- --
10/11/2017 10/11/17 Price Changed $1,700,000 -5.6% $453 / Sq Ft
09/06/2017 09/06/17 Price Changed $1,800,000 -2.7% $480 / Sq Ft
05/01/2017 05/01/17 For Sale $1,850,000 -- $493 / 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 $2,532 $60,950 $11,000 $49,950
2023 $2,529 $60,950 $11,000 $49,950
2022 $2,488 $60,950 $11,000 $49,950
2021 $2,414 $60,950 $11,000 $49,950
2020 $2,307 $60,950 $11,000 $49,950
2019 $2,296 $60,950 $11,000 $49,950
2018 $2,319 $60,950 $0 $0
2017 $2,338 $60,950 $0 $0
2016 $2,062 $60,950 $0 $0
2015 $2,125 $60,950 $0 $0
2014 $2,093 $60,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004250085

Bright MLS

APN: 134-23.08-17.00