NOT LISTED FOR SALE

29135 Ocean Rd Unit 18 Bethany Beach, DE 19930

Estimated Value: $1,320,000 - $1,991,664

4 Beds
2.5 Baths
1,790 Sq Ft
$945/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $1,310,000 $732 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $9,640/month

25 Days on Market

Highlights

  • Ocean View
  • Home fronts navigable water
  • Wood Flooring
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Tennis Courts

About This Home

As of June 2018

Spectacular oceanfront, end-unit town home with oversized ocean front deck leading directly to the private sandy beach. This once in a lifetime opportunity, on a desirable location, offers breathtaking Atlantic Ocean sunrises from multiple decks and screened in porches, and calming evening sunset views over the bay. This meticulously maintained beach home has a spacious open floor plan and features original shiplap wood paneling, exposed beams, rustic wide plank hardwood flooring and wainscot, top floor master-suit with cathedral ceiling and ocean front deck. This classic ocean front town home is ideal for large families, friends or as an investment opportunity with a strong rental history. Private tennis courts and playground. Located adjacent to the Delaware Seashore State Park and just minutes away from Bethany Beach and Rehoboth.

Last Agent to Sell the Property

Paul Sicari

Compass License #659389 Listed on: 05/03/2018

Compass

Last Buyer's Agent

Paul Sicari

Compass License #659389 Listed on: 05/03/2018

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $854

Year Built

  • Built in 1966

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 17x108
  • Home fronts navigable water

HOA Fees

  • $74 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,790 Sq Ft Home
  • Property has 3 Levels
  • Wood Flooring
  • Ocean Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • 2 Attached Carport Spaces

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-05.00-56.00

Community Details

Overview

  • Watergate Community
  • Tower Shores Subdivision

Recreation

  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$854

Year Built

Built in 1966

Lot Details

0

HOA Fees

$74 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1966
  • Remarks Public: Spectacular oceanfront, end-unit town home with oversized ocean front deck leading directly to the private sandy beach. This once in a lifetime opportunity, on a desirable location, offers breathtaking Atlantic Ocean sunrises from multiple decks and screened in porches, and calming evening sunset views over the bay. This meticulously maintained beach home has a spacious open floor plan and features original shiplap wood paneling, exposed beams, rustic wide plank hardwood flooring and wainscot, top floor master-suit with cathedral ceiling and ocean front deck. This classic ocean front town home is ideal for large families, friends or as an investment opportunity with a strong rental history. Private tennis courts and playground. Located adjacent to the Delaware Seashore State Park and just minutes away from Bethany Beach and Rehoboth.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Pilings
  • Floors In Unit Count: 3
  • Level Count: 3
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1790
  • Living Area Sq Ft: 1790
  • Net Sq Ft: 1790.00
  • Price Per Sq Ft: 698.32
  • Above Grade Finished Sq Ft: 1790
  • 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
  • Construction Materials: Stick Built, Vinyl Siding, Wood 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

  • Carport Spaces: 2
  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Under Home Parking
  • Attached Carport Spaces: 2
  • Number Of Parking Spaces Included: 2-Car Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 286.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 885.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 17x108
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: MEDIUM RESIDENTIAL
  • In City Limits: No

Rental Info

  • Total Actual Rent: 45000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5123312
  • Assessor Parcel Number: 134-05.00-56.00
  • County Tax Payment Frequency: Annually
  • Close Date: 06/29/2018

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 29, 2018
Sold by
Old Beach Llc
Bought by
Stekloff Brian L and Stekloff Sara
Seller's Agent
Paul Sicari
Compass
Buyer's Agent
Paul Sicari
Compass
List Price
$1,250,000
Sold Price
$1,310,000
Premium/Discount to List
$60,000
4.8%
Total Days on Market
25
Current Estimated Value
$1,691,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,555
Avg. Annual Appreciation
4.79%

Purchase Details

Closed on
Jun 2, 1999
Bought by
Old Beach Llc
Source: Public Records

Range of Values:

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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
Stekloff Brian L -- --
Old Beach Llc $344,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $1,310,000 +4.8% $732 / Sq Ft
05/28/2018 05/28/18 Pending -- -- --
05/26/2018 05/26/18 For Sale $1,250,000 0.0% $698 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $1,250,000 -- $698 / 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 $854 $20,650 $6,650 $14,000
2023 $853 $20,650 $6,650 $14,000
2022 $839 $20,650 $6,650 $14,000
2021 $814 $20,650 $6,650 $14,000
2020 $777 $20,650 $6,650 $14,000
2019 $773 $20,650 $6,650 $14,000
2018 $781 $20,650 $0 $0
2017 $787 $20,650 $0 $0
2016 $694 $20,650 $0 $0
2015 $715 $20,650 $0 $0
2014 $704 $20,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001576862

Bright MLS

APN: 134-05.00-56.00