NOT LISTED FOR SALE

Estimated Value: $841,000 - $3,720,000

4 Beds
2 Baths
1,400 Sq Ft
$1,350/Sq Ft Est. Value

Last Sold February 02, 2017

Last sale price $1,070,000 $764 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $10,591/month

Highlights

  • Ocean View
  • Beach
  • Lake Privileges
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Deck

About This Home

As of February 2017

One off the ocean in a private beach community, this vintage cottage offers you beautiful sunrises and the relaxing sounds of the waves breaking on the sand. The floor plan offers an open living room and kitchen, 3 guest rooms, large master with bath, large front deck and lower level laundry room, covered parking and storage. A great opportunity - enjoy this coastal retreat for a couple of years and then build your dream home!

Last Agent to Sell the Property

VICKIE YORK

vickie@bethanysbest.com VICKIE YORK AT THE BEACH REALTY Listed on: 10/11/2016

Last Buyer's Agent

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,694

Year Built

  • Built in 1967

Lot Details

  • 7,205 Sq Ft Lot
  • Zoning described as RESIDENTIAL PLANNED COMM.

HOA Fees

  • $142 Monthly HOA Fees

Home Design

  • Cottage
  • Asbestos
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Window Screens
  • Combination Kitchen and Dining Room
  • Ocean Views
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Covered Parking
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Lake Privileges
  • Deck

Location

  • Flood Risk

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-17.16-88.00

Community Details

Overview

  • Middlesex Beach Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,694

Year Built

Built in 1967

Lot Details

0

HOA Fees

$142 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1967
  • Remarks Public: One off the ocean in a private beach community, this vintage cottage offers you beautiful sunrises and the relaxing sounds of the waves breaking on the sand. The floor plan offers an open living room and kitchen, 3 guest rooms, large master with bath, large front deck and lower level laundry room, covered parking and storage. A great opportunity - enjoy this coastal retreat for a couple of years and then build your dream home!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Pilings
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Net Sq Ft: 1400.00
  • Price Per Sq Ft: 857.07
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Asbestos
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Unknown
  • View: Ocean
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway, Under Home Parking
  • Garage Features: Covered Parking
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 580.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1700.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Water/Lake Privileges
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 7205
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7205.00
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: RESIDENTIAL PLANNED COMM.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5117802
  • Assessor Parcel Number: 134-17.16-88.00
  • County Tax Payment Frequency: Annually
  • Close Date: 02/02/2017

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2016
Closed on
Feb 2, 2017
Sold by
Marjorie M Presely Unified Credit Trust
Bought by
Gruzin Mark N and Gruzin Marla B
Seller's Agent
VICKIE YORK
VICKIE YORK AT THE BEACH REALTY
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$1,300,000
Sold Price
$1,070,000
Premium/Discount to List
-$230,000
-17.69%
Current Estimated Value
$1,889,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$819,667
Avg. Annual Appreciation
6.77%
Original Mortgage
$802,500
Outstanding Balance
$638,267
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,251,400

Purchase Details

Closed on
May 9, 2014
Sold by
Marjorie M Marjorie M
Bought by
Marjorie M Presley Unified Credit Trust
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
Gruzin Mark N $107,000 None Available
Marjorie M Presley Unified Credit Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gruzin Mark N $802,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2017 02/02/17 Sold $1,070,000 -17.7% $764 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
10/11/2016 10/11/16 For Sale $1,300,000 -- $929 / 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
2025 $4,694 $27,850 $11,150 $16,700
2024 $2,818 $27,850 $11,150 $16,700
2023 $2,815 $27,850 $11,150 $16,700
2022 $2,769 $27,850 $11,150 $16,700
2021 $2,686 $27,850 $11,150 $16,700
2020 $2,563 $27,850 $11,150 $16,700
2019 $2,552 $27,850 $11,150 $16,700
2018 $2,577 $68,150 $0 $0
2017 $1,062 $27,850 $0 $0
2016 $936 $27,850 $0 $0
2015 $964 $27,850 $0 $0
2014 $950 $27,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001022596

Bright MLS

APN: 134-17.16-88.00