NOT LISTED FOR SALE

37534 Lighthouse Rd Unit 202 Fenwick Island, DE 19944

Estimated Value: $312,000 - $438,922

2 Beds
2 Baths
-- Sq Ft
$347/mo HOA Fee

Last Sold February 28, 2020

Last sale price $192,000

Est. 91% increase in value since last sale

Current estimated payment $2,401/month

259 Days on Market

Highlights

  • Coastal Architecture
  • Furnished
  • Instant Hot Water
  • Phillip C. Showell Elementary School Rated A-
  • Tankless Water Heater
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

Cute Fully Furnished 2 Bedroom Condo Very Close To Delaware's Beautiful Beaches. Updated Appliances. Sold Fully Furnished. Large Screened in Porch with WONDERFUL VIEW OF THE BAY. Major Exterior Renovations completed 2019 and all assessments for the major renovations have been paid by seller.

Last Agent to Sell the Property

Jamie Caine

Coldwell Banker Realty License #52321 Listed on: 05/06/2019

Coldwell Banker Realty

Last Buyer's Agent

Andrea DOUDS

Weichert, Realtors - Beach Bound License #RS-0025546

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $352

Year Built

  • Built in 1960

HOA Fees

  • $347 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Furnished

Kitchen

  • Electric Oven or Range
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Instant Hot Water

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Public Septic

Additional Features

  • Property is in good condition
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-23.20-71.00-202

Community Details

Overview

  • Association fees include insurance, lawn maintenance, management, reserve funds
  • Low-Rise Condominium
  • Lighthouse Station Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$352

Year Built

Built in 1960

Lot Details

0

HOA Fees

$347 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: Sold Fully Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1960
  • Remarks Public: Cute Fully Furnished 2 Bedroom Condo Very Close To Delaware's Beautiful Beaches. Updated Appliances. Sold Fully Furnished. Large Screened in Porch with WONDERFUL VIEW OF THE BAY. Major Exterior Renovations completed 2019 and all assessments for the major renovations have been paid by seller.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Range Hood, Washer, Water Heater - Tankless
  • Entry Floor: 2
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37534

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Instant Hot Water
  • Sewer/Septic System: Public Septic
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4164.64
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Insurance, Lawn Maintenance, Management, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Year Assessed: 2018
  • Zoning: D
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis, Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5121771
  • School Tax: 310.00
  • Tax Annual Amount: 352.00
  • Assessor Parcel Number: 134-23.20-71.00-202
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 02/28/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Feb 28, 2020
Sold by
Healy Bonnie M
Bought by
Jared L
Seller's Agent
Jamie Caine
Coldwell Banker Realty
Buyer's Agent
Andrea DOUDS
Weichert, Realtors - Beach Bound
List Price
$245,900
Sold Price
$192,000
Premium/Discount to List
-$53,900
-21.92%
Current Estimated Value
$365,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,981
Avg. Annual Appreciation
12.24%
Original Mortgage
$147,000
Outstanding Balance
$104,841
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$252,877

Purchase Details

Closed on
Jul 2, 1991
Bought by
Healy Jeffrey T and Healy Bonnie M
Source: Public Records

Range of Values:

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Average Value
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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
Jared L $192,000 None Available
Healy Jeffrey T $66,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jared L $147,000
Previous Owner Healy Jeffrey T $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $192,000 -6.3% --
01/20/2020 01/20/20 Pending -- -- --
11/13/2019 11/13/19 Price Changed $204,999 -4.7% --
09/18/2019 09/18/19 Price Changed $214,999 -4.0% --
08/21/2019 08/21/19 Price Changed $223,900 -2.6% --
07/28/2019 07/28/19 Price Changed $229,990 -4.1% --
06/07/2019 06/07/19 Price Changed $239,900 -2.4% --
05/06/2019 05/06/19 For Sale $245,900 -- --
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 $395 $7,350 $0 $7,350
2023 $395 $7,350 $0 $7,350
2022 $388 $7,350 $0 $7,350
2021 $377 $7,350 $0 $7,350
2020 $363 $7,350 $0 $7,350
2019 $361 $7,350 $0 $7,350
2018 $364 $9,300 $0 $0
2017 $367 $9,300 $0 $0
2016 $325 $9,300 $0 $0
2015 $335 $9,300 $0 $0
2014 $330 $9,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU139806

Bright MLS

APN: 134-23.20-71.00-202