NOT LISTED FOR SALE

29135 Ocean Rd Unit 12 Bethany Beach, DE 19930

Estimated Value: $1,319,000 - $1,722,000

4 Beds
2.5 Baths
1,536 Sq Ft
$1,003/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $1,125,000 $732 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $8,793/month

3 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Access to Tidal Water
  • Lord Baltimore Elementary School Rated A-
  • Beach
  • Fishing Allowed

About This Home

As of July 2020

Step directly onto the beach from the Oceanfront deck of this beautiful coastal townhome featuring unparalleled views of the shoreline from every level. With an open floorplan that expands onto a screened porch and waterfront deck, this 4 bedroom, 2.5 bath home offers plenty of space for entertaining family and friends. This property is full of coastal charm with exposed-beam wood ceilings and wide plank wood walls. Recent updates include new high-end vinyl flooring on the main and 2nd levels, new carpet in master bedroom and stairs, and fresh paint throughout. Excellent outdoor living spaces include a waterfront screened porch and deck on the first level, another screened porch on the middle level, and a deck off the master bedroom that is perfect for watching the sunrise over the ocean. This location sits on a pristine wide beach in North Bethany, is adjacent to the State Park Beach, and is just minutes away from Bethany Beach and Rehoboth.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 06/16/2020

Long & Foster Real Estate, Inc.

Co-Listed By

Kiki Hargrove

Long & Foster Real Estate, Inc. License #RS-0020565

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 06/16/2020

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $732

Year Built

  • Built in 1966

Lot Details

  • 2,090 Sq Ft Lot
  • Lot Dimensions are 19 x 110
  • Ocean Front
  • Home fronts navigable water
  • West Facing Home

HOA Fees

Home Design

  • Coastal Architecture
  • Wood Walls
  • Frame Construction
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,536 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Beamed Ceilings
  • Wood Ceilings
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Property is near an ocean
  • Personal Watercraft
  • Swimming Allowed
  • Powered Boats Permitted
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-05.00-50.00

Community Details

Overview

  • Association fees include common area maintenance, road maintenance, trash
  • Watergate Community
  • Tower Shores Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Fishing Allowed

Additional Features

  • Picnic Area
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$732

Year Built

Built in 1966

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1966
  • Remarks Public: Step directly onto the beach from the Oceanfront deck of this beautiful coastal townhome featuring unparalleled views of the shoreline from every level. With an open floorplan that expands onto a screened porch and waterfront deck, this 4 bedroom, 2.5 bath home offers plenty of space for entertaining family and friends. This property is full of coastal charm with exposed-beam wood ceilings and wide plank wood walls. Recent updates include new high-end vinyl flooring on the main and 2nd levels, new carpet in master bedroom and stairs, and fresh paint throughout. Excellent outdoor living spaces include a waterfront screened porch and deck on the first level, another screened porch on the middle level, and a deck off the master bedroom that is perfect for watching the sunrise over the ocean. This location sits on a pristine wide beach in North Bethany, is adjacent to the State Park Beach, and is just minutes away from Bethany Beach and Rehoboth.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Wood, Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Living, Combination Kitchen/Dining, Exposed Beams, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Ocean Front, Upgraded Countertops, Window Treatments
  • Fireplace: No
  • Wall Ceiling Types: Wood Ceilings, Wood Walls, Beamed Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1536
  • Living Area Sq Ft: 1536
  • Price Per Sq Ft: 712.89
  • Above Grade Finished Sq Ft: 1536
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29135

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Exterior Features: Outside Shower
  • View: Ocean
  • Water Access Features: Boat - Powered, Fishing Allowed, Canoe/Kayak, Personal Watercraft (PWC), Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Parking Features: Under Home Parking
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport

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
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 375.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 525.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach, Picnic Area, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Road Maintenance, Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RM
  • Lot Size Acres: 0.05
  • Lot Dimensions: 19 x 110
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2090.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Year Assessed: 2019
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 35000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5123306
  • School Tax: 645.00
  • Tax Annual Amount: 732.00
  • Assessor Parcel Number: 134-05.00-50.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/30/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jul 30, 2020
Sold by
Adler Avram J and Adler Hope W
Bought by
Fenzel Andrew and Fenzel Betsy
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$1,095,000
Sold Price
$1,125,000
Premium/Discount to List
$30,000
2.74%
Total Days on Market
3
Current Estimated Value
$1,541,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,279
Avg. Annual Appreciation
8.42%
Original Mortgage
$725,000
Outstanding Balance
$645,807
Interest Rate
2.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,018,965

Purchase Details

Closed on
Jul 7, 1998
Bought by
Adler Avram J Hope H
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
Fenzel Andrew $1,125,000 None Available
Adler Avram J Hope H $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fenzel Andrew $725,000
Previous Owner Adler Avram J $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $1,125,000 +2.7% $732 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $1,095,000 -- $713 / 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 $808 $19,550 $6,650 $12,900
2023 $808 $19,550 $6,650 $12,900
2022 $794 $19,550 $6,650 $12,900
2021 $771 $19,550 $6,650 $12,900
2020 $735 $19,550 $6,650 $12,900
2019 $732 $19,550 $6,650 $12,900
2018 $739 $19,550 $0 $0
2017 $745 $19,550 $0 $0
2016 $657 $19,550 $0 $0
2015 $677 $19,550 $0 $0
2014 $667 $19,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU162602

Bright MLS

APN: 134-05.00-50.00