NOT LISTED FOR SALE

29111 Ocean Rd Unit 1 Bethany Beach, DE 19930

Estimated Value: $1,819,000 - $2,170,000

3 Beds
2.5 Baths
1,551 Sq Ft
$1,275/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $1,250,000 $806 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $11,240/month

Highlights

  • Ocean View
  • Waterfront
  • Furnished
  • Lord Baltimore Elementary School Rated A-
  • Wood Flooring
  • Tankless Water Heater

About This Home

As of March 2018

This home is located at 29111 Ocean Rd Unit 1, Bethany Beach, DE 19930 since 26 January 2018 and is currently estimated at $1,976,800, approximately $1,274 per square foot. This property was built in 1966. 29111 Ocean Rd Unit 1 is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

Last Agent to Sell the Property

Paul Sicari

Compass License #659389 Listed on: 01/26/2018

Compass

Last Buyer's Agent

Paul Sicari

Compass License #659389 Listed on: 01/26/2018

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $829

Year Built

  • 1966

Lot Details

  • 1,742 Sq Ft Lot
  • Waterfront

HOA Fees

  • $74 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,551 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Wood Flooring
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Water Access
  • Property is near an ocean

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-05.00-38.00

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$829

Year Built

1966

Lot Details

0

HOA Fees

$74 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Building Total Sq Ft: 1551.00
  • Federal Flood Insurance: Yes
  • Inclusions: Furnished
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1966

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater - Tankless
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Foundation Details: Pilings
  • Floors In Unit Count: 3
  • Level Count: 3
  • Levels Count: 3+
  • Living Area Units: Square Feet
  • Total Sq Ft: 1551
  • Living Area Sq Ft: 1551
  • Net Sq Ft: 1551.00
  • Price Per Sq Ft: 805.93
  • Above Grade Finished Sq Ft: 1551
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Roof: Shingle
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Open Parking Spaces Count: 3
  • Parking Features: Gravel Driveway
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 286.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 885.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • HOA: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Acres
  • Lot Sq Ft: 1742.00
  • Zoning Description: MEDIUM RESIDENTIAL

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 50000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 134-05.00-38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2020
Sold by
Valuck Thomas B
Bought by
Thomas Valuck Ret
Total Days on Market
0
Current Estimated Value
$1,976,800

Purchase Details

Listed on
Jan 26, 2018
Closed on
Mar 30, 2018
Sold by
Greisman Timothy W and Gosnell Mark S
Bought by
Valuck Thomas B
Seller's Agent
Paul Sicari
Compass
Buyer's Agent
Paul Sicari
Compass
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$1,000,000
Interest Rate
4.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 23, 2012
Sold by
Donna Marie Donna Marie
Bought by
Greisman Gregory W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
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
Thomas Valuck Ret -- None Available
Valuck Thomas B $1,250,000 --
Greisman Gregory W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valuck Thomas B $1,000,000
Previous Owner Greisman Timothy W $653,500
Previous Owner Greisman Gregory W $670,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $1,250,000 0.0% $806 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $1,250,000 -- $806 / 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 $829 $20,050 $6,650 $13,400
2023 $828 $20,050 $6,650 $13,400
2022 $815 $20,050 $6,650 $13,400
2021 $790 $20,050 $6,650 $13,400
2020 $754 $20,050 $6,650 $13,400
2019 $751 $20,050 $6,650 $13,400
2018 $758 $20,050 $0 $0
2017 $764 $20,050 $0 $0
2016 $674 $20,050 $0 $0
2015 $694 $20,050 $0 $0
2014 -- $20,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001036634

Bright MLS

APN: 134-05.00-38.00