NOT LISTED FOR SALE

38846 Bunting Ave Unit 1 Fenwick Island, DE 19944

Estimated Value: $1,298,709

3 Beds
2 Baths
928 Sq Ft
$1,399/Sq Ft Est. Value

Last Sold August 22, 2017

Last sale price $514,000 $554 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $7,475/month

62 Days on Market

Highlights

  • Ocean View
  • Beach
  • Main Floor Bedroom
  • Phillip C. Showell Elementary School Rated A-
  • Deck
  • Corner Lot

About This Home

As of August 2017

FROM FENWICK TO DEWEY, THERE IS NO OTHER PROPERTY LIKE THIS FOR SALE. Awesome oceanblock location that is steps to Fenwick Islands uncrowded & life-guarded beach! This convenient location is also a short walk to Restaurants & Eateries and to other popular beach resort attractions such as shops, mini golf, water park & go carts. The building has been converted to 4 separate 3BR, 2 bath condos that have been extensively remodeled. NEW - Kitchen Cabinets, Granite counters, sink, fixtures, stainless appliances. Bathrooms: New Tile floor, tile Shower/Bath, Sink, Cabinets & Fixtures. Other interior upgrades include Coastal Wood Laminate flooring, Paint, Lighting, Solid Core Doors, French Doors, Hardwired Smoke Detectors, Window Treatments. Exterior upgrades to include Decking/Railings, Privacy Separator between units, Landscaping and New water hook up with Artesian. Pics & Virtual Tour is of model unit & this unit finishes will be very similar to model.

Last Agent to Sell the Property

Dave Whittington

Coastal Life Realty Group LLC License #520693 Listed on: 04/13/2017

Last Buyer's Agent

Colleen Windrow

Keller Williams Realty License #RS-0024171

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $629

Year Built

  • Built in 1987

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Cleared Lot

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 928 Sq Ft Home
  • Property has 2 Levels
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • Covered Parking
  • Gravel Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Outbuilding

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-23.20-88.00

Community Details

Overview

  • The Reef Community

Recreation

  • Beach

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$629

Year Built

Built in 1987

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Remarks Public: FROM FENWICK TO DEWEY, THERE IS NO OTHER PROPERTY LIKE THIS FOR SALE. Awesome oceanblock location that is steps to Fenwick Islands uncrowded & life-guarded beach! This convenient location is also a short walk to Restaurants & Eateries and to other popular beach resort attractions such as shops, mini golf, water park & go carts. The building has been converted to 4 separate 3BR, 2 bath condos that have been extensively remodeled. NEW - Kitchen Cabinets, Granite counters, sink, fixtures, stainless appliances. Bathrooms: New Tile floor, tile Shower/Bath, Sink, Cabinets & Fixtures. Other interior upgrades include Coastal Wood Laminate flooring, Paint, Lighting, Solid Core Doors, French Doors, Hardwired Smoke Detectors, Window Treatments. Exterior upgrades to include Decking/Railings, Privacy Separator between units, Landscaping and New water hook up with Artesian. Pics & Virtual Tour is of model unit & this unit finishes will be very similar to model.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Laminated, Tile/Brick
  • Interior Amenities: Breakfast Area, Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Pilings
  • Floors In Unit Count: 1
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 928
  • Living Area Sq Ft: 928
  • Net Sq Ft: 928.00
  • Price Per Sq Ft: 538.69
  • Above Grade Finished Sq Ft: 928
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38846

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Shingle, Asphalt
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Assigned, Gravel Driveway
  • Garage Features: Covered Parking
  • Number Of Parking Spaces Included: 2-Car Parking

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 290.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 3000.00
  • HOA Condo Co-Op Amenities: Beach, Reserved/Assigned Parking
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Dimensions: 50 x 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5121862
  • Assessor Parcel Number: 134-23.20-88.00
  • County Tax Payment Frequency: Annually
  • Close Date: 08/22/2017

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jul 3, 2017
Sold by
Seaside Ventures Llc
Bought by
Luu Lan L and Lingebach Paul K
Seller's Agent
Dave Whittington
Coastal Life Realty Group LLC
Buyer's Agent
Colleen Windrow
Keller Williams Realty
List Price
$499,900
Sold Price
$514,000
Premium/Discount to List
$14,100
2.82%
Current Estimated Value
$1,298,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$784,709
Avg. Annual Appreciation
13.33%
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
Luu Lan L $51,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2017 08/22/17 Sold $514,000 +2.8% $554 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $499,900 -- $539 / 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 $629 $0 $0 $0
2023 $628 $0 $0 $0
2022 $618 $0 $0 $0
2021 $600 $0 $0 $0
2020 $575 $0 $0 $0
2019 $573 $0 $0 $0
2018 $577 $14,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001460624

Bright MLS

APN: 13423200088003