NOT LISTED FOR SALE

806 Bunting Ave Fenwick Island, DE 19944

Estimated Value: $424,579 - $3,952,000

0.17 Acre
$12,875,853 Price per Acre
7,405 Sq Ft Lot

Last Sold November 01, 2022

Last sale price $1,750,000

Est. 25% increase in value since last sale

Current estimated payment $12,152/month

Highlights

  • Ocean View
  • Oceanside
  • No HOA
  • Phillip C. Showell Elementary School Rated A-

About This Lot

As of November 2022

Rarely available "ocean side" lot one off the beach! Extra large (75' x 100') makes this even more rare. The possibilities are endless for a new build. Plenty of room for a nice home with large decks everywhere. One could throw a stone to the dune crossing adding to the "pluses" for this fine property. Located in the heart of the "town" limits of Fenwick where it is a simple, quiet and safe walk to many of the local restaurants, shopping areas etc.
Cannon Street is a very short street on the bay side of the highway. The lack of large numbers of homes on that street means the beach at Cannon Street is very quiet, even to the quite standards of all of Fenwick Island.
Please note: Laterals for water and sewer are not currently in place. Buyer will be responsible for their installation.

Last Agent to Sell the Property

John Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RB-0002561 Listed on: 09/17/2022

Last Buyer's Agent

John Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RB-0002561 Listed on: 09/17/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,140

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75.00 x 100.00
  • Property is zoned TN

Utilities

  • Water Service Lateral Not Installed
  • Municipal Trash

Additional Features

  • Ocean Views
  • Flood Risk

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 134-23.16-256.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Oceanside

Property Details

Property Type

Land

Est. Annual Taxes

$1,140

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Rarely available "ocean side" lot one off the beach! Extra large (75' x 100') makes this even more rare. The possibilities are endless for a new build. Plenty of room for a nice home with large decks everywhere. One could throw a stone to the dune crossing adding to the "pluses" for this fine property. Located in the heart of the "town" limits of Fenwick where it is a simple, quiet and safe walk to many of the local restaurants, shopping areas etc. Cannon Street is a very short street on the bay side of the highway. The lack of large numbers of homes on that street means the beach at Cannon Street is very quiet, even to the quite standards of all of Fenwick Island. Please note: Laterals for water and sewer are not currently in place. Buyer will be responsible for their installation.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 236.33
  • Street Number Modifier: 806

Exterior Features

  • Construction Completed: No
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Lateral Not Installed/Must Tap Off Main, Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Size Acres: 0.17
  • Lot Dimensions: 75.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Soil Types: Sandy
  • Year Assessed: 2022
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5121239
  • School Tax: 570.00
  • Tax Annual Amount: 1140.00
  • Assessor Parcel Number: 134-23.16-256.00
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/01/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2022
Closed on
Oct 31, 2022
Sold by
William C Grapperhaus Revocable Trust
Bought by
Landers Stacy Lynn and Grapperhaus Steven Aaron
Seller's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
Buyer's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
List Price
$1,750,000
Sold Price
$1,750,000
Current Estimated Value
$2,188,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,895
Avg. Annual Appreciation
10.68%

Purchase Details

Listed on
Sep 17, 2022
Closed on
Oct 27, 2022
Sold by
Mary Jane Grapperhaus Revocable Trust
Bought by
William C Grapperhaus Revocable Trust
Seller's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
Buyer's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
List Price
$1,750,000
Sold Price
$1,750,000

Purchase Details

Listed on
Sep 17, 2022
Closed on
Oct 26, 2022
Sold by
Landers Stacy Lynn
Bought by
806 Bunting Llc
Seller's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
Buyer's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
List Price
$1,750,000
Sold Price
$1,750,000
Source: Public Records

Range of Values:

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Average Value
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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
Landers Stacy Lynn -- --
William C Grapperhaus Revocable Trust -- --
Mary Jane Grapperhaus Revocable Trust -- --
806 Bunting Llc $1,750,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $1,750,000 0.0% --
09/17/2022 09/17/22 Pending -- -- --
09/17/2022 09/17/22 For Sale $1,750,000 -- --
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 $2,988 $15,750 $15,750 $0
2023 $670 $15,750 $15,750 $0
2022 $660 $15,750 $15,750 $0
2021 $640 $15,750 $15,750 $0
2020 $616 $15,750 $15,750 $0
2019 $614 $15,750 $15,750 $0
2018 $620 $15,750 $0 $0
2017 $624 $15,750 $0 $0
2016 $553 $15,750 $0 $0
2015 $569 $15,750 $0 $0
2014 $561 $15,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Kleinstuber

    Seller's Agent in 2022

    John Kleinstuber

    JOHN KLEINSTUBER AND ASSOC INC

    (302) 542-5288

    79 in this area

    85 Total Sales

    John Kleinstuber
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Map

Source: Bright MLS

MLS Number: DESU2029358

Bright MLS

APN: 134-23.16-256.00

Delaware Sussex County Fenwick Island 19944

806 Bunting Ave, Fenwick Island, DE

This home is located at 806 Bunting Ave, Fenwick Island, DE 19944 since 17 September 2022 and is currently estimated at $2,188,895. 806 Bunting Ave is a home located in Sussex County with nearby schools including Phillip C. Showell Elementary School, Selbyville Middle School, and Indian River High School.

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