NOT LISTED FOR SALE

29135 Ocean Rd Unit 11 Bethany Beach, DE 19930

Estimated Value: $1,319,000 - $1,724,000

4 Beds
2.5 Baths
1,500 Sq Ft
$1,047/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $960,000 $640 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $8,956/month

10 Days on Market

Highlights

  • Ocean View
  • Beach
  • Water Access
  • Lord Baltimore Elementary School Rated A-
  • Home fronts navigable water
  • Coastal Architecture

About This Home

As of June 2018

This is the quintessential beach retreat where the sand and surf are immediately at your door. This charming townhome style residence in Atlantic Watergate boasts the original wide plank hardwood floors, cedar paneling, and exposed beams throughout. The modern touches in this open concept floorplan include an updated kitchen with stainless steel appliances & breakfast bar, tiled bathrooms, and coastal seagrass wall coverings in the bedrooms. This property is currently utilized as 2 spacious bedrooms and 2.5 baths. The 3rd level loft with full bath is currently enjoyed as a den/office, however it would make the ideal master suite. Enjoy panoramic ocean views from all three levels of this home with 2 screened porches and a third floor sun deck. With an outside shower, storage for beach toys, neighborhood playground & tennis courts, this home leaves little to be desired! Furnishings negotiable.

Last Agent to Sell the Property

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 04/21/2018

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $812

Year Built

  • Built in 1966

Lot Details

  • 1,819 Sq Ft Lot
  • Lot Dimensions are 17x108x17x108
  • Home fronts navigable water
  • Cleared Lot

HOA Fees

  • $74 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 3 Levels
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Window Screens
  • Family Room
  • Open Floorplan
  • Dining Room
  • Loft
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-05.00-49.00

Community Details

Overview

  • Watergate Community
  • Tower Shores Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Community Playground

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$812

Year Built

Built in 1966

Lot Details

0

HOA Fees

$74 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1966
  • Remarks Public: This is the quintessential beach retreat where the sand and surf are immediately at your door. This charming townhome style residence in Atlantic Watergate boasts the original wide plank hardwood floors, cedar paneling, and exposed beams throughout. The modern touches in this open concept floorplan include an updated kitchen with stainless steel appliances & breakfast bar, tiled bathrooms, and coastal seagrass wall coverings in the bedrooms. This property is currently utilized as 2 spacious bedrooms and 2.5 baths. The 3rd level loft with full bath is currently enjoyed as a den/office, however it would make the ideal master suite. Enjoy panoramic ocean views from all three levels of this home with 2 screened porches and a third floor sun deck. With an outside shower, storage for beach toys, neighborhood playground & tennis courts, this home leaves little to be desired! Furnishings negotiable.
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 11
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Combination Kitchen/Living, Ceiling Fan(s), Exposed Beams, Skylight(s), Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 6
  • Room List: Dining Room, Primary Bedroom, Kitchen, Family Room, Loft, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Net Sq Ft: 1500.00
  • Price Per Sq Ft: 650.00
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29135

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Gravel Driveway
  • Number Of Parking Spaces Included: 2-Car Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 885.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach, Tot Lots/Playground, Tennis Courts
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.04
  • Lot Size Area: 1819
  • Lot Dimensions: 17x108x17x108
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1819.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning: RESIDENTIAL
  • Zoning Description: MEDIUM RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 134-05.00-49.00
  • County Tax Payment Frequency: Annually
  • Close Date: 06/06/2018

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Berney Evan M
Bought by
Shoe Crab Llc
Total Days on Market
10
Current Estimated Value
$1,570,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,150,092
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$542,716

Purchase Details

Listed on
Apr 21, 2018
Closed on
May 22, 2018
Sold by
11 Atlantic Watergate Llc
Bought by
Berney Evan M and Berney Alexandra L
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$975,000
Sold Price
$960,000
Premium/Discount to List
-$15,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$768,000
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 23, 2018
Sold by
Shapiro Ft
Bought by
11 Atlantic Watergate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 1999
Bought by
Shapiro Ronald M (Trustee) & Kathryn A S
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
Shoe Crab Llc $1,500,000 Morris James Llp
Berney Evan M $960,000 --
11 Atlantic Watergate Llc -- --
Shapiro Ronald M (Trustee) & Kathryn A S $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shoe Crab Llc $1,200,000
Previous Owner Berney Alexandra L $733,000
Previous Owner Berney Evan M $768,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2018 06/06/18 Sold $960,000 -1.5% $640 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/21/2018 04/21/18 For Sale $975,000 -- $650 / 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 $812 $19,650 $6,650 $13,000
2023 $812 $19,650 $6,650 $13,000
2022 $799 $19,650 $6,650 $13,000
2021 $775 $19,650 $6,650 $13,000
2020 $739 $19,650 $6,650 $13,000
2019 $736 $19,650 $6,650 $13,000
2018 $743 $19,650 $0 $0
2017 $749 $19,650 $0 $0
2016 $660 $19,650 $0 $0
2015 $680 $19,650 $0 $0
2014 $670 $19,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001576894

Bright MLS

APN: 134-05.00-49.00