NOT LISTED FOR SALE

29181 Ocean Rd Unit 4 Bethany Beach, DE 19930

Estimated Value: $1,441,000 - $2,027,042

5 Beds
3 Baths
1,980 Sq Ft
$850/Sq Ft Est. Value

Last Sold October 27, 2016

Last sale price $1,170,000 $591 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $9,947/month

Highlights

  • Ocean View
  • Beach
  • Deck
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Furnished

About This Home

As of October 2016

Step from your back deck directly onto one of the finest stretches of beach along the Delaware coast from this incredible Oceanfront townhome with unparalleled views of the Atlantic from every level! This meticulously maintained home is offered with tasteful furnishings and coastal d cor and has an exceptional rental history (2016 rentals are $83.5K). Enjoy breathtaking sunrises from any of the 3 oceanfront decks. Some of the many recent improvements include new siding, windows, roof, skylight, tile flooring and HVAC units. Positioned in the desirable Ocean Hamlet location of Tower Shores, this property?s direct beach access is a rare find! Condo fee includes flood insurance.

Last Agent to Sell the Property

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 06/24/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Erin Beebe

(302) 236-9229 erin@erinannbeeberealtor.com NextHome Tomorrow Realty

NextHome Tomorrow Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,167

Year Built

  • Built in 1981

HOA Fees

Home Design

  • Entry on the 1st floor
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,980 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Open Floorplan
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Covered Parking
  • Driveway
  • Off-Street Parking

Outdoor Features

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

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-05.00-100.00-4

Community Details

Overview

  • Tower Shores Subdivision

Recreation

  • Beach

Security

  • Storm Windows
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,167

Year Built

Built in 1981

Lot Details

0

HOA Fees

$723 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1981
  • Remarks Public: Step from your back deck directly onto one of the finest stretches of beach along the Delaware coast from this incredible Oceanfront townhome with unparalleled views of the Atlantic from every level! This meticulously maintained home is offered with tasteful furnishings and coastal d cor and has an exceptional rental history (2016 rentals are $83.5K). Enjoy breathtaking sunrises from any of the 3 oceanfront decks. Some of the many recent improvements include new siding, windows, roof, skylight, tile flooring and HVAC units. Positioned in the desirable Ocean Hamlet location of Tower Shores, this property?s direct beach access is a rare find! Condo fee includes flood insurance.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Combination Kitchen/Living, Ceiling Fan(s), Exposed Beams, Skylight(s), Window Treatments
  • Window Features: Insulated, Screens, Storm
  • Fireplace: No
  • Door Features: Insulated, Storm
  • Foundation Details: Pilings
  • Floors In Unit Count: 3
  • Level Count: 3
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Net Sq Ft: 1980.00
  • Price Per Sq Ft: 618.69
  • Above Grade Finished Sq Ft: 1980
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29181

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3

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 Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Parking Features: Paved Driveway
  • Garage Features: Covered Parking
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 684.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 4200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4479.00
  • HOA Condo Co-Op Amenities: Beach
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 77000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5122753
  • Assessor Parcel Number: 134-05.00-100.00-4
  • County Tax Payment Frequency: Annually
  • Close Date: 10/27/2016

MLS Schools

  • School District Name: INDIAN RIVER

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2016 10/27/16 Sold $1,170,000 -4.5% $591 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $1,225,000 -- $619 / 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
2025 $3,167 $27,400 $0 $27,400
2024 $1,629 $27,400 $0 $27,400
2023 $1,627 $27,400 $0 $27,400
2022 $1,601 $27,400 $0 $27,400
2021 $1,553 $27,400 $0 $27,400
2020 $1,482 $27,400 $0 $27,400
2019 $1,475 $27,400 $0 $27,400
2018 $1,490 $39,400 $0 $0
2017 $1,502 $39,400 $0 $0
2016 $1,324 $39,400 $0 $0
2015 $1,364 $39,400 $0 $0
2014 $1,344 $39,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001018878

Bright MLS

APN: 134-05.00-100.00-4