NOT LISTED FOR SALE

29195 Ocean Rd Unit 3 Bethany Beach, DE 19930

Estimated Value: $838,000 - $2,603,000

4 Beds
2.5 Baths
2,000 Sq Ft
$860/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $1,625,000 $812 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,841/month

15 Days on Market

Highlights

  • Ocean View
  • Beach
  • Deck
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Wood Burning Stove

About This Home

As of June 2017

Step directly from your Oceanfront deck onto the beach from this oversized townhome with views of the Atlantic Ocean from every room. This extremely rare location offers a once in a lifetime opportunity to own the Southernmost property within Tower Shores where unobstructed views down the shoreline are unable to be matched. This meticulously maintained beach home has a spacious open floorplan and expansive oceanfront deck for entertaining or enjoying the morning sunrise. Featuring a beautifully updated kitchen, storm shutters and a new roof in 2016, this townhome is fully furnished and ready to be enjoyed this summer.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 05/11/2017

Long & Foster Real Estate, Inc.

Co-Listed By

Kiki Hargrove

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

Last Buyer's Agent

CHRISTOPHER KAVANAGH

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 1980

HOA Fees

  • $43 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Ocean Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-05.00-117.00-3

Community Details

Overview

  • North Beach Community
  • Tower Shores Subdivision

Recreation

  • Beach

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,685

Year Built

Built in 1980

Lot Details

0

HOA Fees

$43 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1980
  • Remarks Public: Step directly from your Oceanfront deck onto the beach from this oversized townhome with views of the Atlantic Ocean from every room. This extremely rare location offers a once in a lifetime opportunity to own the Southernmost property within Tower Shores where unobstructed views down the shoreline are unable to be matched. This meticulously maintained beach home has a spacious open floorplan and expansive oceanfront deck for entertaining or enjoying the morning sunrise. Featuring a beautifully updated kitchen, storm shutters and a new roof in 2016, this townhome is fully furnished and ready to be enjoyed this summer.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Net Sq Ft: 2000.00
  • Price Per Sq Ft: 822.50
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29195

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar, 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
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Wood Burn Stove, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 786.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 510.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • 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), Porch(es)
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5122801
  • Assessor Parcel Number: 134-05.00-117.00-3
  • County Tax Payment Frequency: Annually
  • Close Date: 06/30/2017

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
Jun 27, 2017
Sold by
Fellman Douglas A
Bought by
Smith Jeremy B and Mclemore Samantha M
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
CHRISTOPHER KAVANAGH
Coldwell Banker Realty
List Price
$1,645,000
Sold Price
$1,625,000
Premium/Discount to List
-$20,000
-1.22%
Total Days on Market
15
Current Estimated Value
$1,720,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,500
Avg. Annual Appreciation
0.25%
Original Mortgage
$1,137,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2002
Bought by
Fellman Douglas A
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
Smith Jeremy B $3,250,000 None Available
Fellman Douglas A $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclemore Samantha M $1,058,000
Closed Smith Jeremy B $1,137,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $1,625,000 -1.2% $813 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $1,645,000 -- $823 / 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 $1,685 $24,750 $0 $24,750
2023 $1,683 $24,750 $0 $24,750
2022 $1,656 $24,750 $0 $24,750
2021 $1,606 $24,750 $0 $24,750
2020 $1,533 $24,750 $0 $24,750
2019 $1,526 $24,750 $0 $24,750
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

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Map

Source: Bright MLS

MLS Number: 1001029342

Bright MLS

APN: 134-05.00-117.00-3