NOT LISTED FOR SALE

38440 Mainsail Dr Unit 30 Bethany Beach, DE 19930

Estimated Value: $248,239 - $670,000

3 Beds
2.5 Baths
1,500 Sq Ft
$304/mo HOA Fee

Last Sold July 20, 2018

Last sale price $297,000 $198 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,985/month

654 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Waterfront
  • Lord Baltimore Elementary School Rated A-
  • Lake View
  • Deck

About This Home

As of July 2018

Enjoy the serene pond views from this three bedroom, 2.5 bath townhome in the Salt Pond, a well establishedcommunity just minutes from Bethany Beach. Located in a quiet area of the community, this home features a screenedporch, deck, garage, fireplace and open floorplan. Enjoy the Salt Pond amenities, including golf, indoor and outdoorpools, tennis, fitness, and clubhouse. This is a great rental opportunity of the perfect weekend retreat at the beach.

Last Agent to Sell the Property

Laurie McFaul

Long & Foster Real Estate, Inc. Listed on: 06/28/2016

Long & Foster Real Estate, Inc.

Co-Listed By

Christina Antonioli

Long & Foster Real Estate, Inc.

Last Buyer's Agent

GEORGE COLE

Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $988

Year Built

  • Built in 1995

Lot Details

  • Waterfront
  • Landscaped

HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Villa
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Combination Kitchen and Living
  • Dining Room
  • Carpet
  • Attic

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near a pond
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-13.00-1739.00

Community Details

Overview

  • Low-Rise Condominium
  • Salt Pond Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$988

Year Built

Built in 1995

Lot Details

0

HOA Fees

$304 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Villa
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1995
  • Remarks Public: Enjoy the serene pond views from this three bedroom, 2.5 bath townhome in the Salt Pond, a well establishedcommunity just minutes from Bethany Beach. Located in a quiet area of the community, this home features a screenedporch, deck, garage, fireplace and open floorplan. Enjoy the Salt Pond amenities, including golf, indoor and outdoorpools, tennis, fitness, and clubhouse. This is a great rental opportunity of the perfect weekend retreat at the beach.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Living, Ceiling Fan(s), Whirlpool/Hottub
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 6
  • Room List: Dining Room, Primary Bedroom, Kitchen, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Net Sq Ft: 1500.00
  • Price Per Sq Ft: 209.93
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38440

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 612.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 1352.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2290.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Basketball Courts, Cable, Fitness Center, Golf Course, Swimming Pool, Pool - Outdoor, Tennis Courts
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: Yes
  • Community Pool Features: Indoor

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning: RES
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5107127
  • Assessor Parcel Number: 134-13.00-1739.00
  • County Tax Payment Frequency: Annually
  • Close Date: 07/20/2018

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2016
Closed on
Jul 20, 2018
Sold by
Copithorn Rhodes R and Copithorn Janice B
Bought by
Narsavage Kyle W and Narsavage Elizabeth F
Seller's Agent
Laurie McFaul
Long & Foster Real Estate, Inc.
Buyer's Agent
GEORGE COLE
Berkshire Hathaway HomeServices PenFed Realty
List Price
$370,000
Sold Price
$297,000
Premium/Discount to List
-$73,000
-19.73%
Current Estimated Value
$477,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,042
Avg. Annual Appreciation
7.89%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Narsavage Kyle W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narsavage Kyle W $1,231,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $297,000 -5.7% $198 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
02/09/2018 02/09/18 Price Changed $314,900 -3.1% $210 / Sq Ft
10/24/2017 10/24/17 Price Changed $324,990 -12.2% $217 / Sq Ft
06/28/2016 06/28/16 For Sale $370,000 -- $247 / 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 $988 $23,900 $1,500 $22,400
2023 $987 $23,900 $1,500 $22,400
2022 $971 $23,900 $1,500 $22,400
2021 $942 $23,900 $1,500 $22,400
2020 $899 $23,900 $1,500 $22,400
2019 $887 $23,900 $1,500 $22,400
2018 $904 $23,900 $0 $0
2017 $911 $23,900 $0 $0
2016 $803 $23,900 $0 $0
2015 $828 $23,900 $0 $0
2014 $815 $23,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001574698

Bright MLS

APN: 134-13.00-1739.00