NOT LISTED FOR SALE

38799 SOUTH UNIT Bunting Ave Unit 2 Fenwick Island, DE 19944

Estimated Value: $1,090,000 - $2,133,000

3 Beds
3.5 Baths
2,200 Sq Ft
$760/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $1,800,000 $818 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $9,393/month

21 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Ocean View
  • Sandy Beach
  • Phillip C. Showell Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Public Water Access

About This Home

As of May 2022

Direct Ocean Front in Fenwick Island. Beautifully maintained 3 Br. 3.5 Ba. townhouse with upgrades throughout. Seller's are the first and only owners who have been proud to call this beauty their home. Carpeting on the first level and in all of the bedrooms. Beautiful hardwood floors in the raised dining area and kitchen so the family in the main living room don't block the view of the surf and sand that the cook would enjoy. Dumbwaiter from ground level raises up to the main level for groceries etc. Concrete driveway and concrete pad covers all ground space under the townhouse.
Kitchen and the convenient half bath off the kitchen have tile floors. Bright stainless steel appliances look just as good as they did when they were brand new. Solid wood doors close off the bedrooms and baths and you will notice the difference.
Two fireplaces, a propane fired one in the second primary br. on first living floor and a wood burning fireplace in the living room on the second level. Storm shutters on the second and third floor to protect against the salt air during the off season. Central vac. makes cleaning a breeze. Outside shower.
Excellent rental unit for 20 years, with repeat renters year after year. Unit is being sold subject to rentals in place for the upcoming summer.
NO Condo fees or HOA fees.

Last Agent to Sell the Property

John Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RB-0002561 Listed on: 03/22/2022

Last Buyer's Agent

Phillip Knight

Northrop Realty License #rs0025919

Northrop Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 2002

Lot Details

  • 5,227 Sq Ft Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • South Facing Home
  • Property is in excellent condition

Home Design

  • Semi-Detached or Twin Home
  • Side-by-Side
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Central Vacuum
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

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

Outdoor Features

  • Outdoor Shower
  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Deck
  • Enclosed patio or porch
  • Outdoor Storage

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-23.16-309.00-SOUTH

Community Details

Overview

  • No Home Owners Association
  • Building Winterized
  • Fen Ii Community

Recreation

  • Fishing Allowed

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,319

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: All contents of owners closet on the 3rd floor bathroom. 2 pictures of the original house and framed document on dining room wall next to kitchen. porcelain seagulls on stair wall of dining room.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Direct Ocean Front in Fenwick Island. Beautifully maintained 3 Br. 3.5 Ba. townhouse with upgrades throughout. Seller's are the first and only owners who have been proud to call this beauty their home. Carpeting on the first level and in all of the bedrooms. Beautiful hardwood floors in the raised dining area and kitchen so the family in the main living room don't block the view of the surf and sand that the cook would enjoy. Dumbwaiter from ground level raises up to the main level for groceries etc. Concrete driveway and concrete pad covers all ground space under the townhouse. Kitchen and the convenient half bath off the kitchen have tile floors. Bright stainless steel appliances look just as good as they did when they were brand new. Solid wood doors close off the bedrooms and baths and you will notice the difference. Two fireplaces, a propane fired one in the second primary br. on first living floor and a wood burning fireplace in the living room on the second level. Storm shutters on the second and third floor to protect against the salt air during the off season. Central vac. makes cleaning a breeze. Outside shower. Excellent rental unit for 20 years, with repeat renters year after year. Unit is being sold subject to rentals in place for the upcoming summer. NO Condo fees or HOA fees.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Central Vacuum, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Central Vacuum, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Island, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Skylight(s), Soaking Tub, Stall Shower, Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall, High
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 859.09
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38799

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding, Vinyl Siding
  • Exterior Features: Outside Shower, Secure Storage, Street Lights
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access Features: Fishing Allowed, Public Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Size Acres: 0.12
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Outdoor Living Structures: Deck(s), Enclosed
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5121315
  • School Tax: 1170.00
  • Tax Annual Amount: 1319.00
  • Assessor Parcel Number: 134-23.16-309.00-SOUTH
  • Tax Total Finished Sq Ft: 648
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/04/2022

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 4, 2022
Sold by
Edward Pike Iii A
Bought by
Rocha Jeffrey
Seller's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
Buyer's Agent
Phillip Knight
Northrop Realty
List Price
$1,890,000
Sold Price
$1,800,000
Premium/Discount to List
-$90,000
-4.76%
Current Estimated Value
$1,672,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$127,043
Avg. Annual Appreciation
-2.28%
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
Rocha Jeffrey $1,800,000 Ridgway Law Group Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $1,800,000 -4.8% $818 / Sq Ft
03/22/2022 03/22/22 For Sale $1,890,000 -- $859 / 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 $1,832 $33,450 $0 $33,450
2023 $1,830 $33,450 $0 $33,450
2022 $1,800 $33,450 $0 $33,450
2021 $1,747 $33,450 $0 $33,450
2020 $1,670 $33,450 $0 $33,450
2019 $1,662 $33,450 $0 $33,450
2018 $1,678 $44,050 $0 $0
2017 $1,692 $44,050 $0 $0
2016 $1,493 $44,050 $0 $0
2015 $1,538 $44,050 $0 $0
2014 $1,515 $44,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2018598

Bright MLS

APN: 134-23.16-309.00-SOUTH