NOT LISTED FOR SALE

38829 Bunting Ave Unit 1 Fenwick Island, DE 19944

Estimated Value: $960,000 - $1,690,000

3 Beds
3.5 Baths
1,800 Sq Ft
$799/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $1,640,000 $911 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $8,056/month

81 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Ocean View
  • Access to Tidal Water
  • Phillip C. Showell Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Traditional Floor Plan

About This Home

As of May 2022

North half an an ocean front duplex. No "condo fees" as owners share costs of Insurance including flood insurance and excess flood insurance. Insurance for one unit is $6,200.00 per year. For the past 10 years or so the townhouse was owner occupied, prior to that it was an excellent rental. Highly desirable ocean front location would make this an outstanding rental property.
New painting inside, new carpet (December 2021) and nice wood floors. Standing seam metal roof installed in 2009 with a transferable warranty. New Cedar siding installed 2018.
Outside shower and a large open storage area on the ground level. Storm shutters on the ocean front sliders which lead out to open decks.
New electric fireplace in living room.
"Condo Docs." are available in documents for Agents review as needed.
Home is vacant and can be seen anytime.

Last Agent to Sell the Property

John Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RB-0002561 Listed on: 01/17/2022

Last Buyer's Agent

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $907

Year Built

  • Built in 1987

Lot Details

  • 4,792 Sq Ft Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • West Facing Home
  • Extensive Hardscape

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Piling Construction
  • Cedar

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • Electric Fireplace
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • Walk-in Shower

Laundry

  • Electric Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 5 Driveway Spaces
  • 1 Attached Carport Space
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Water Access
  • Property is near an ocean
  • Outdoor Storage

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-23.16-328.00-A

Community Details

Overview

  • Property has a Home Owners Association
  • Building Winterized
  • Doubles Community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$907

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: North half an an ocean front duplex. No "condo fees" as owners share costs of Insurance including flood insurance and excess flood insurance. Insurance for one unit is $6,200.00 per year. For the past 10 years or so the townhouse was owner occupied, prior to that it was an excellent rental. Highly desirable ocean front location would make this an outstanding rental property. New painting inside, new carpet (December 2021) and nice wood floors. Standing seam metal roof installed in 2009 with a transferable warranty. New Cedar siding installed 2018. Outside shower and a large open storage area on the ground level. Storm shutters on the ocean front sliders which lead out to open decks. New electric fireplace in living room. "Condo Docs." are available in documents for Agents review as needed. Home is vacant and can be seen anytime.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Floor Plan - Traditional, Primary Bedroom - Ocean Front, Recessed Lighting, Stall Shower
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pilings, Slab
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 966.67
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38829

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: Cedar, Frame
  • Exterior Features: Extensive Hardscape, Outside Shower, Secure Storage
  • Roof: Metal
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Parking Features: Paved Driveway
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Carport, Driveway, Off Street
  • Number of Spaces in Driveway: 5

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Year Assessed: 2021
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5121371
  • School Tax: 804.00
  • Tax Annual Amount: 907.00
  • Assessor Parcel Number: 134-23.16-328.00-A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/20/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 1993
Bought by
Demajistre Robert and Demajistre Patricia
Current Estimated Value
$1,437,607
Source: Public Records

Range of Values:

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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
Demajistre Robert $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raghavan Vinod $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $1,640,000 -5.7% $911 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/01/2022 04/01/22 Price Changed $1,740,000 -3.3% $967 / Sq Ft
01/17/2022 01/17/22 For Sale $1,799,000 +62.1% $999 / Sq Ft
10/27/2015 10/27/15 Sold $1,110,000 -5.5% $555 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
07/05/2015 07/05/15 For Sale $1,175,000 -- $588 / 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 $1,396 $23,000 $0 $23,000
2023 $1,394 $23,000 $0 $23,000
2022 $1,372 $23,000 $0 $23,000
2021 $1,331 $23,000 $0 $23,000
2020 $1,273 $23,000 $0 $23,000
2019 $1,267 $23,000 $0 $23,000
2018 $1,279 $33,500 $0 $0
2017 $1,290 $33,500 $0 $0
2016 $1,138 $33,500 $0 $0
2015 $1,173 $33,500 $0 $0
2014 $1,155 $33,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2013496

Bright MLS

APN: 134-23.16-328.00-A