NOT LISTED FOR SALE

1205 Coastal Hwy Unit 2 Fenwick Island, DE 19944

Estimated Value: $656,000 - $999,000

2 Beds
2.5 Baths
-- Sq Ft
$250/mo HOA Fee

Last Sold January 04, 2021

Last sale price $479,000

Est. 72% increase in value since last sale

Current estimated payment $4,703/month

3 Days on Market

Highlights

  • Building is oceanfront but unit may not have water views
  • Coastal Architecture
  • Bathtub with Shower
  • Phillip C. Showell Elementary School Rated A-
  • Den
  • Recessed Lighting

About This Home

As of January 2021

2BR/2.5BA with room to expand at this In-Town Beach Block Fenwick Island Town Home that is East of Rt. 1. What an Opportunity for this Prime Location with Recent Renovations including New Stairs, New Flooring, New Ceiling and Lighting. What's more the Covered Parking can be renovated to more living space and/or 3rd Bedroom/Bath as Buyer desires - other homes have been approved for this expansion. Main Living combines Open Kitchen, Dining and Living Room in Well Proportioned Great Room. Front Balcony off of Kitchen and Rear Deck off of Living Room - both Decks newly stained. Half Bath at Main Living Level, Pantry. Upstairs an Owners Bedrooms with Private Bath and Guest Bedroom with Hall Bath. Covered Parking with Office/Den at Ground Level. No Crossing Rt. 1 to Get to the In Season Guarded Beaches of Fenwick. Home is surrounded by Restaurants and Shops and Just Minutes to Bethany or Ocean City MD. Local Rental Brokerage Estimates $26k+ Gross Income Potential with Weekly Seasonal Rentals. Enjoy a 3D Virtual Tour at: https://my.matterport.com/show/?m=1USGDUTwsda&mls=1

Last Agent to Sell the Property

Anne Powell

Coldwell Banker Realty License #RA-0003582 Listed on: 10/03/2020

Coldwell Banker Realty

Last Buyer's Agent

Anne Powell

Coldwell Banker Realty License #RA-0003582 Listed on: 10/03/2020

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $980

Year Built

  • Built in 1982 | Remodeled in 2020

Lot Details

  • Building is oceanfront but unit may not have water views
  • Property is in very good condition

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Den

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Attached Carport Space
  • Parking Lot
  • 1 Assigned Parking Space

Schools

  • Phillip C. Showell Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Outdoor Shower
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-23.12-228.00-2

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management
  • Ocean View (4) Community

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$980

Year Built

Built in 1982 | Remodeled in 2020

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Year Renovated: 2020
  • Assigned Parking Space Numbers: 2
  • Automatically Close On Close Date: No
  • Remarks Public: 2BR/2.5BA with room to expand at this In-Town Beach Block Fenwick Island Town Home that is East of Rt. 1. What an Opportunity for this Prime Location with Recent Renovations including New Stairs, New Flooring, New Ceiling and Lighting. What's more the Covered Parking can be renovated to more living space and/or 3rd Bedroom/Bath as Buyer desires - other homes have been approved for this expansion. Main Living combines Open Kitchen, Dining and Living Room in Well Proportioned Great Room. Front Balcony off of Kitchen and Rear Deck off of Living Room - both Decks newly stained. Half Bath at Main Living Level, Pantry. Upstairs an Owners Bedrooms with Private Bath and Guest Bedroom with Hall Bath. Covered Parking with Office/Den at Ground Level. No Crossing Rt. 1 to Get to the In Season Guarded Beaches of Fenwick. Home is surrounded by Restaurants and Shops and Just Minutes to Bethany or Ocean City MD. Local Rental Brokerage Estimates $26k+ Gross Income Potential with Weekly Seasonal Rentals. Enjoy a 3D Virtual Tour at: https://my.matterport.com/show/?m=1USGDUTwsda&mls=1
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Laminated, Carpet
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Recessed Lighting, Tub Shower, Stall Shower
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Den, Bathroom 2, Primary Bathroom
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1205

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Outside Shower
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Carport Spaces: 1
  • Garage: No
  • Parking Features: Assigned, Paved Driveway
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot, Attached Carport
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3000.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: PHILLIP C. SHOWELL
  • 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: PHILLIP C. SHOWELL
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5120878
  • Tax Annual Amount: 980.00
  • Assessor Parcel Number: 134-23.12-228.00-2
  • Tax Year: 2020
  • Close Date: 01/04/2021

Multi Family

  • Federal Flood Zone: VE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Hronclo Paul A
Bought by
Piet Bernard and Peit Marian
Total Days on Market
3
Current Estimated Value
$822,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$445,927
Interest Rate
3.1%
Estimated Equity
$376,078

Purchase Details

Listed on
Oct 3, 2020
Closed on
Jan 4, 2021
Sold by
Dryden Darin J and Dryden Leysania P
Bought by
Groncki Paul A
Seller's Agent
Anne Powell
Coldwell Banker Realty
Buyer's Agent
Anne Powell
Coldwell Banker Realty
List Price
$499,000
Sold Price
$479,000
Premium/Discount to List
-$20,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.03%

Purchase Details

Closed on
Jul 25, 2012
Sold by
Kathy L Kathy L and Dryden Larry C
Bought by
Dryden Darin James and Dryden Leysania P
Source: Public Records

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Range of Values:

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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
Piet Bernard $800,000 None Available
Groncki Paul A $479,000 None Available
Dryden Darin James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piet Bernard $480,000
Previous Owner Dryden Leysaniya F $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $479,000 -4.0% --
10/06/2020 10/06/20 Pending -- -- --
10/03/2020 10/03/20 For Sale $499,000 -- --
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 $1,077 $21,100 $0 $21,100
2023 $1,076 $21,100 $0 $21,100
2022 $1,059 $21,100 $0 $21,100
2021 $1,027 $21,100 $0 $21,100
2020 $1,007 $21,100 $0 $21,100
2019 $1,003 $21,100 $0 $21,100
2018 $1,012 $25,800 $0 $0
2017 $1,020 $25,800 $0 $0
2016 $904 $25,800 $0 $0
2015 $930 $25,800 $0 $0
2014 $917 $25,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU170284

Bright MLS

APN: 134-23.12-228.00-2