NOT LISTED FOR SALE

29167 Ocean Rd Unit 1 Bethany Beach, DE 19930

Estimated Value: $1,524,000 - $1,834,027

5 Beds
3 Baths
2,000 Sq Ft
$865/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $1,600,000 $800 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,687/month

Highlights

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

About This Home

As of October 2020

Step from your back deck directly onto one the of finest stretches of beach along the Delaware coast from this incredible Oceanfront townhome with unparalleled views of the Atlantic from every level! This 5BR home is full of coastal charm with exposed-beam wood ceilings and wide-plank wood walls painted crisp white. Enjoy breathtaking sunrises over the Ocean from any of the 3 waterfront decks. This meticulously maintained property is offered fully furnished and has an exceptional rental history. Positioned in the desirable Ocean Hamlet location of Tower Shores, this property’s direct beach access is a rare find!

Last Agent to Sell the Property

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 08/24/2020

Long & Foster Real Estate, Inc.

Co-Listed By

WAYNE LYONS

(302) 858-7347 wayne.lyons@lesliekopp.com Long & Foster Real Estate, Inc. License #RS-0013341

Last Buyer's Agent

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 08/24/2020

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • West Facing Home

HOA Fees

Property Views

  • Ocean
  • Panoramic

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • Skylights
  • Window Treatments
  • Formal Dining Room

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 2 Driveway Spaces
  • 2 Attached Carport Spaces

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Powered Boats Permitted
  • Deck
  • 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 134-05.00-100.00-1

Community Details

Overview

  • Association fees include trash, lawn maintenance, insurance
  • Ocean Hamlet Community
  • Tower Shores Subdivision

Recreation

  • Beach
  • Fishing Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,533

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,210 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: See Attached List
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Remarks Public: Step from your back deck directly onto one the of finest stretches of beach along the Delaware coast from this incredible Oceanfront townhome with unparalleled views of the Atlantic from every level! This 5BR home is full of coastal charm with exposed-beam wood ceilings and wide-plank wood walls painted crisp white. Enjoy breathtaking sunrises over the Ocean from any of the 3 waterfront decks. This meticulously maintained property is offered fully furnished and has an exceptional rental history. Positioned in the desirable Ocean Hamlet location of Tower Shores, this property’s direct beach access is a rare find!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Microwave, Washer, Water Heater
  • Interior Amenities: Built-Ins, Exposed Beams, Formal/Separate Dining Room, Kitchen - Galley, Primary Bedroom - Ocean Front, Primary Bath(s), Skylight(s), Window Treatments, Upgraded Countertops
  • Fireplace: No
  • Wall Ceiling Types: Beamed Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 822.50
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29167

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Exterior Features: Outside Shower, Private Beach
  • Roof: Architectural Shingle
  • View: Ocean, Panoramic, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed
  • Water Access: Yes
  • 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
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Carport, Driveway
  • Number of Spaces in Driveway: 2

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 510.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 14000.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach
  • HOA Condo Co-Op Fee Includes: Trash, Lawn Maintenance, Insurance
  • 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: RC
  • Lot Features: Premium
  • Lot Size Acres: 0.41
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17860.00
  • Outdoor Living Structures: Deck(s), Porch(es), Roof
  • Year Assessed: 2020
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5122750
  • School Tax: 1351.00
  • Tax Annual Amount: 1533.00
  • Assessor Parcel Number: 134-05.00-100.00-1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/16/2020

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
Aug 24, 2020
Closed on
Oct 10, 2020
Sold by
Leslie Ulanow Ret
Bought by
Wright-Frazee Elizabeth and Frazee Curtis K
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$1,645,000
Sold Price
$1,600,000
Premium/Discount to List
-$45,000
-2.74%
Current Estimated Value
$1,730,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,676
Avg. Annual Appreciation
1.59%
Original Mortgage
$1,000,000
Outstanding Balance
$895,772
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$834,904

Purchase Details

Listed on
Oct 9, 2014
Closed on
Jan 16, 2015
Bought by
Ulanow Leslie J and Ulanow Lori S
Seller's Agent
Lauren Alberti
Northrop Realty
Buyer's Agent
VICKIE YORK
VICKIE YORK AT THE BEACH REALTY
List Price
$1,035,000
Sold Price
$1,035,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
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
Wright-Frazee Elizabeth $1,600,000 None Available
Ulanow Leslie J $1,035,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright-Frazee Elizabeth $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2020 10/16/20 Sold $1,600,000 -2.7% $800 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $1,645,000 +58.9% $823 / Sq Ft
01/16/2015 01/16/15 Sold $1,035,000 0.0% -- View Prior Sale
12/20/2014 12/20/14 Pending -- -- --
10/09/2014 10/09/14 For Sale $1,035,000 -- --
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
2025 $3,182 $28,750 $0 $28,750
2024 $1,685 $28,750 $0 $28,750
2023 $1,683 $28,750 $0 $28,750
2022 $1,656 $28,750 $0 $28,750
2021 $1,606 $28,750 $0 $28,750
2020 $1,533 $28,750 $0 $28,750
2019 $1,526 $28,750 $0 $28,750
2018 $1,541 $40,750 $0 $0
2017 $1,554 $40,750 $0 $0
2016 $1,369 $40,750 $0 $0
2015 $1,411 $40,750 $0 $0
2014 $1,390 $40,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leslie Kopp

    Seller's Agent in 2020

    Leslie Kopp

    Long & Foster

    (302) 542-3917

    378 in this area

    719 Total Sales

    Leslie Kopp
    Section Image
  • WAYNE LYONS

    Seller Co-Listing Agent in 2020

    WAYNE LYONS

    Long & Foster

    (302) 858-7347

    49 in this area

    123 Total Sales

    WAYNE LYONS
    Section Image
  • Lauren Alberti

    Seller's Agent in 2015

    Lauren Alberti

    Creig Northrop Team of Long & Foster

    (302) 542-4305

    10 in this area

    33 Total Sales

    Lauren Alberti
    Section Image

  • V

    Buyer's Agent in 2015

    VICKIE YORK

    VICKIE YORK AT THE BEACH REALTY

See All Agents

Map

Source: Bright MLS

MLS Number: DESU167512

Bright MLS

APN: 134-05.00-100.00-1

Delaware Sussex County Bethany Beach 19930

29167 Ocean Rd Unit 1, Bethany Beach, DE

This home is located at 29167 Ocean Rd Unit 1, Bethany Beach, DE 19930 since 24 August 2020 and is currently estimated at $1,730,676, approximately $865 per square foot. This property was built in 1980. 29167 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.

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