NOT LISTED FOR SALE

34843 Pinehurst Way Unit 9B Lewes, DE 19958

Estimated Value: $417,000 - $437,000

2 Beds
2.5 Baths
1,400 Sq Ft
$304/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $435,000 $311 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,530/month

4 Days on Market

Highlights

  • On Golf Course
  • Pond View
  • Engineered Wood Flooring
  • Love Creek Elementary School Rated A
  • Coastal Architecture
  • Main Floor Bedroom

About This Home

As of October 2024

Turnkey Investment Opportunity in Coastal Delaware! Are you looking for a plug-and-play investment in one of Delaware’s hottest vacation rental markets? Look no further! This fully furnished 2-bedroom, 2.5-bath townhome in the highly desirable Heritage Village is your next smart move. Adjacent to the scenic American Classic 9-hole Golf Course, this property blends comfort, style, and convenience into one attractive package. Everything you need is already here — fully furnished with all contents included, from linens and kitchen supplies to beach accessories, making it rental-ready from day one. High Rental Income Potential:
Heritage Village has a 1-week minimum rental policy, allowing investors to capitalize on the booming vacation rental market. With average weekly rental rates ranging from $1,000 to $2,200, you can expect strong, steady returns. Whether catering to summer beachgoers or year-round visitors attracted to golf and nearby attractions. This property ensures a profitable venture, with low cost of ownership and limited maintenance. Appealing Features for Renters:
Ready to Host: Ideal space for relaxing or entertaining after a day at the beach or golf course. Modern Kitchen: Complete with modern appliances, ample cabinetry, and a breakfast bar, perfect for vacation renters. Serene Pond Views:
The peaceful porch with scenic views and sound of the pond fountain offers a tranquil retreat that guests will love. Two Owner’s Suites:
Each suite includes a walk-in closet and en-suite bath, offering spacious and private accommodations. Proximity to Amenities:
Located just minutes from beaches, restaurants, entertainment, and everyday conveniences, making it irresistible to vacationers. Prime Location for High Occupancy:
Positioned with quick access to Delaware’s top coastal attractions, local dining, and golf, this townhome is perfectly situated to ensure high occupancy rates. Guests will enjoy both the leisure and recreational activities this location offers, maximizing your rental income potential. Don't Miss Out!
This rare opportunity to invest in Delaware’s coastal paradise is the perfect mix of lifestyle and income potential. Schedule your showing today and start reaping the benefits of this turnkey investment!

Last Agent to Sell the Property

Michael Giesecke

(302) 273-4998 ashley.hess@compass.com Compass Listed on: 09/19/2024

Compass

Co-Listed By

Cory Mayo

(302) 273-4998 ashley.hess@compass.com Compass License #RS0025915

Last Buyer's Agent

Lee Ann Wilkinson

(302) 645-6661 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,362

Year Built

  • Built in 2009

Lot Details

  • On Golf Course
  • Property is in excellent condition

HOA Fees

  • $259 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Villa
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Engineered Wood Flooring
  • Pond Views
  • Crawl Space
  • Attic

Kitchen

  • Oven
  • Built-In Range
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Community Propane
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-06.00-355.00-9B

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, pool(s), reserve funds, road maintenance, snow removal, trash, insurance
  • Hps Management HOA
  • Condominium Association, Inc Condos
  • Heritage Village Townhomes Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,362

Year Built

Built in 2009

Lot Details

0.31 Acres

HOA Fees

$259 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Villa, Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • Inclusions: All contents of Unit are included in sale of home
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-09-19
  • Federal Flood Zone: No
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Electric, Icemaker, Oven - Single, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Flooring Type: Engineered Wood
  • Interior Amenities: Attic, Ceiling Fan(s), Entry Level Bedroom, Kitchen - Island
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 320.71
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Block, Vinyl Siding
  • Roof: Shingle
  • Spa: No
  • View: Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Propane - Community, Water Available, Sewer Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 777.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Condominium Association, Inc
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash, Insurance
  • HOA Name: HPS MANAGEMENT
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Gunite, In Ground

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 29600.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • School Tax: 1239.00
  • Tax Annual Amount: 1362.00
  • Assessor Parcel Number: 334-06.00-355.00-9B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Oct 28, 2024
Sold by
Elliott Marc and Elliott Brandice
Bought by
Clancy Gemma and Clancy Michael
Seller's Agent
Michael Giesecke
Compass
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$449,000
Sold Price
$435,000
Premium/Discount to List
-$14,000
-3.12%
Views
7
Current Estimated Value
$425,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,087
Avg. Annual Appreciation
-1.62%
Original Mortgage
$326,250
Outstanding Balance
$321,630
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$104,283

Purchase Details

Listed on
Aug 29, 2021
Closed on
Nov 22, 2021
Sold by
Marsh Samantha M and Robeson Jacob B
Bought by
Elliott Marc and Elliott Brandice
Seller's Agent
Christopher Carr
HomeZu
Buyer's Agent
Kara Johnson
RLAH @properties
List Price
$348,000
Sold Price
$350,000
Premium/Discount to List
$2,000
0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$315,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2020
Sold by
Davis Sandra A and Robeson Samantha M
Bought by
Robeson Samantha M and Robeson Jacob
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clancy Gemma $435,000 None Listed On Document
Clancy Gemma $435,000 None Listed On Document
Elliott Marc $350,000 None Available
Robeson Samantha M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clancy Gemma $326,250
Closed Clancy Gemma $326,250
Previous Owner Elliott Marc $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2024 10/30/24 Sold $435,000 -3.1% $311 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $449,000 +28.3% $321 / Sq Ft
11/22/2021 11/22/21 Sold $350,000 +3.6% $240 / Sq Ft View Prior Sale
09/27/2021 09/27/21 Pending -- -- --
09/26/2021 09/26/21 Price Changed $338,000 -2.9% $232 / Sq Ft
08/29/2021 08/29/21 For Sale $348,000 -- $238 / Sq Ft
Source: Bright MLS

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 $923 $27,200 $0 $27,200
2024 $1,363 $27,200 $0 $27,200
2023 $1,362 $27,200 $0 $27,200
2022 $1,314 $27,200 $0 $27,200
2021 $1,302 $27,200 $0 $27,200
2020 $1,298 $27,200 $0 $27,200
2019 $1,300 $27,200 $0 $27,200
2018 $1,219 $27,750 $0 $0
2017 $1,167 $27,750 $0 $0
2016 $1,110 $27,800 $0 $0
2015 $1,065 $27,900 $0 $0
2014 $1,065 $28,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2070224

Bright MLS

APN: 334-06.00-355.00-9B

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