$170,000
$185,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
1,200 SqFt
SOLD DATE : 02/28/2025
Key Details
Sold Price $170,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $141
Subdivision Masseys Landing
MLS Listing ID DESU2076600
Sold Date 02/28/25
Style Bungalow
Bedrooms 2
Full Baths 1
HOA Fees $1/ann
HOA Y/N Y
Abv Grd Liv Area 1,200
Originating Board BRIGHT
Land Lease Amount 501.0
Land Lease Frequency Monthly
Year Built 1978
Annual Tax Amount $238
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Detached
Property Description
Investor Alert! Bring Your Imagination! Discover the untapped potential of this 2 bedroom, 1 bath stick-built home on a permanent foundation, a rare find in the waterfront community of Massey's Landing. While the property needs significant renovations, it offers a unique opportunity to build equity in a prime location. Enjoy stunning water views from your property, complete with a dock (in need of some TLC), perfect for embracing the coastal lifestyle. Relax on the generous deck and take it all in! Situated in a community known for boating, fishing, and relaxed waterfront living, this home is ready for someone with vision to restore it to its full glory. Whether you're an investor looking for your next project or a buyer ready to create your dream waterfront retreat, this property is bursting with possibilities. Don't miss your chance to own a piece of Massey's Landing and make it your own! There is a land lease of $501/month however this is not a mobile home and is a stick built home on a permanent foundation. Buyer does require community approval and all application fees are the responsibility of the buyer. Home is being sold AS IS.
Location
State DE
County Sussex
Area Indian River Hundred (31008)
Zoning RES
Rooms
Main Level Bedrooms 2
Interior
Interior Features Dining Area, Entry Level Bedroom, Floor Plan - Open
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Equipment Refrigerator, Range Hood, Oven/Range - Electric, Washer, Dryer, Water Heater
Fireplace N
Appliance Refrigerator, Range Hood, Oven/Range - Electric, Washer, Dryer, Water Heater
Heat Source Electric, Propane - Leased
Exterior
Exterior Feature Porch(es), Deck(s)
Garage Spaces 2.0
Utilities Available Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available
Waterfront Description Private Dock Site
Water Access Y
Water Access Desc Boat - Length Limit,Boat - Powered,Canoe/Kayak,Fishing Allowed,Private Access
View Water, Canal
Roof Type Shingle
Accessibility Doors - Swing In
Porch Porch(es), Deck(s)
Total Parking Spaces 2
Garage N
Building
Lot Description Bulkheaded, Fishing Available
Story 1
Foundation Crawl Space
Sewer Private Sewer
Water Private/Community Water
Architectural Style Bungalow
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Indian River
Others
Pets Allowed Y
HOA Fee Include Other
Senior Community No
Tax ID 234-25.00-31.00-4716
Ownership Land Lease
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Installment Sale
Listing Terms Cash, Conventional, Installment Sale
Financing Cash,Conventional,Installment Sale
Special Listing Condition Standard
Pets Allowed Case by Case Basis
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Bought with Randy Denlinger • Iron Valley Real Estate at The Beach
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REALTOR® | SRES | Lic# RS272760