NOT LISTED FOR SALE

29135 Ocean Rd Unit 7 Bethany Beach, DE 19930

Estimated Value: $1,321,000 - $1,766,000

4 Beds
2.5 Baths
1,600 Sq Ft
$994/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $1,162,500 $727 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $9,041/month

213 Days on Market

Highlights

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

About This Home

As of November 2019

Exceptional Oceanfront, end-unit townhome with the rare opportunity to step from your back deck directly onto a pristine private beach. This coastal retreat offers a wider floor plan than all other oceanfront properties in Atlantic Watergate and the views of the shoreline from every level are unparalleled! With wide plank hardwood floors, white-washed walls, exposed beams and multiple decks and screened porches, this property perfectly blends traditional cottage charm with the comforts of today. Enjoy the sunrise over the Atlantic from every level of this home and watch the sunset over the bay from your outdoor deck. You'll have easy and convenient access to the community playground and tennis court. This meticulously maintained home is offered with tasteful furnishings and while it would make an exceptional investment property, it has never been rented and is ready to be enjoyed this summer!

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 04/01/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Christi Arndt

Long & Foster Real Estate, Inc. License #RS-0023120

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 04/01/2019

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $790

Year Built

  • Built in 1966

Lot Details

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

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Coastal Architecture
  • Wood Walls
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Beamed Ceilings
  • Wood Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Screened Porch
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Deck
  • Screened Patio
  • Outbuilding

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 82
  • Assessor Parcel Number 134-05.00-45.00

Community Details

Overview

  • Association fees include common area maintenance, trash, road maintenance
  • $31 Other Monthly Fees
  • Watergate Community
  • Tower Shores Subdivision

Amenities

  • Picnic Area

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Fishing Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$790

Year Built

Built in 1966

Lot Details

0

HOA Fees

$44 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1966
  • Remarks Public: Exceptional Oceanfront, end-unit townhome with the rare opportunity to step from your back deck directly onto a pristine private beach. This coastal retreat offers a wider floor plan than all other oceanfront properties in Atlantic Watergate and the views of the shoreline from every level are unparalleled! With wide plank hardwood floors, white-washed walls, exposed beams and multiple decks and screened porches, this property perfectly blends traditional cottage charm with the comforts of today. Enjoy the sunrise over the Atlantic from every level of this home and watch the sunset over the bay from your outdoor deck. You'll have easy and convenient access to the community playground and tennis court. This meticulously maintained home is offered with tasteful furnishings and while it would make an exceptional investment property, it has never been rented and is ready to be enjoyed this summer!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Exposed Beams, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Primary Bedroom - Ocean Front, Window Treatments, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Wood Ceilings, Wood Walls, Beamed Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3+
  • Room List: Screened Porch
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 765.62
  • Above Grade Finished Sq Ft: 1600
  • 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: Outbuilding(s), Outside Shower
  • Roof: Asphalt, Shingle
  • View: Ocean
  • Water Access Features: Fishing Allowed, Private Access, Swimming Allowed, Canoe/Kayak
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Other Fees: 375.00
  • Other Fees Frequency: Annually

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: 2018
  • Zoning: RS
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5123224
  • School Tax: 697.00
  • Tax Annual Amount: 790.00
  • Assessor Parcel Number: 134-05.00-45.00
  • Tax Lot: 82
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 11/25/2019

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Nov 25, 2019
Sold by
Qprt Edward B Cohen 2012
Bought by
Meloni Charles R and Meloni Eileen A
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$1,295,000
Sold Price
$1,162,500
Premium/Discount to List
-$132,500
-10.23%
Total Days on Market
213
Current Estimated Value
$1,589,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,495
Avg. Annual Appreciation
7.29%

Purchase Details

Closed on
Dec 28, 2012
Sold by
Cohen Edward B
Bought by
Cohen Edward B

Purchase Details

Closed on
Dec 21, 2012
Sold by
Cohen Edward B
Bought by
Cohen Edward B
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
Meloni Charles R $1,162,500 --
Cohen Edward B -- --
Cohen Edward B -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $1,162,500 -5.1% $727 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
08/07/2019 08/07/19 Price Changed $1,225,000 -5.4% $766 / Sq Ft
04/01/2019 04/01/19 For Sale $1,295,000 -- $809 / 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 $864 $20,900 $7,500 $13,400
2023 $863 $20,900 $7,500 $13,400
2022 $849 $20,900 $7,500 $13,400
2021 $824 $20,900 $7,500 $13,400
2020 $786 $20,900 $7,500 $13,400
2019 $783 $20,900 $7,500 $13,400
2018 $0 $20,900 $0 $0
2017 $797 $20,900 $0 $0
2016 $702 $20,900 $0 $0
2015 $724 $20,900 $0 $0
2014 $713 $20,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU137326

Bright MLS

APN: 134-05.00-45.00