NOT LISTED FOR SALE

38893 Bunting Ave Unit 2 Fenwick Island, DE 19944

Estimated Value: $1,358,000 - $1,656,000

3 Beds
2.5 Baths
2,500 Sq Ft
$594/Sq Ft Est. Value

Last Sold June 12, 2018

Last sale price $925,000 $370 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $8,928/month

1,809 Days on Market

Highlights

  • Ocean View
  • Beach
  • Water Access
  • Phillip C. Showell Elementary School Rated A-
  • Home fronts navigable water
  • Deck

About This Home

As of June 2018

Ocean front townhouse in sought after Fenwick Island. All the amenities plus a single car garage. Open decks and storm shutters on the East side on all levels. Laid out a bit differently than other ocean front townhouses with one less level (meaning less STEPS!) sold fully furnished.

Last Agent to Sell the Property

John Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RB-0002561 Listed on: 05/28/2013

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1982

Lot Details

  • Lot Dimensions are 50 x 100
  • Home fronts navigable water
  • Cleared Lot

HOA Fees

  • $625 Monthly HOA Fees

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Wood Flooring
  • Ocean Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Home Security

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Deck

Location

  • Flood Risk

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • 220 Volts

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-23.20-125.00-2

Community Details

Overview

  • Association fees include common area maintenance
  • Fenwick Green Community

Recreation

  • Beach

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,290

Year Built

Built in 1982

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Remarks Public: Ocean front townhouse in sought after Fenwick Island. All the amenities plus a single car garage. Open decks and storm shutters on the East side on all levels. Laid out a bit differently than other ocean front townhouses with one less level (meaning less STEPS!) sold fully furnished.
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Block
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 1
  • Room List: Laundry
  • Basement: No
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 396.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38893

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Shingle, Asphalt
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway, Under Home Parking
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 7500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • HOA Condo Co-Op Amenities: Beach
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Dimensions: 50 x 100
  • Outdoor Living Structures: Deck(s)
  • Zoning: GENERAL RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5121523
  • Assessor Parcel Number: 134-23.20-125.00-2
  • County Tax Payment Frequency: Annually
  • Close Date: 06/12/2018

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2013
Closed on
Jun 12, 2018
Sold by
Brett Claude W and Brett Marylane D
Bought by
Par 2 Holdings Llc
Seller's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$999,990
Sold Price
$925,000
Premium/Discount to List
-$74,990
-7.5%
Current Estimated Value
$1,483,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,998
Avg. Annual Appreciation
6.50%
Original Mortgage
$647,500
Outstanding Balance
$565,860
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$884,924

Purchase Details

Closed on
Sep 20, 2000
Bought by
Brett Claude W Marylane D
Source: Public Records

Range of Values:

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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
Par 2 Holdings Llc $925,000 --
Brett Claude W Marylane D $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Par 2 Holdings Llc $647,500
Closed Par 2 Holdings Llc $647,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2018 06/12/18 Sold $925,000 -6.6% $370 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
02/20/2018 02/20/18 Price Changed $990,000 -1.0% $396 / Sq Ft
05/28/2013 05/28/13 For Sale $999,990 -- $400 / 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 $1,290 $20,450 $0 $20,450
2023 $1,289 $20,450 $0 $20,450
2022 $1,268 $20,450 $0 $20,450
2021 $1,230 $20,450 $0 $20,450
2020 $1,177 $20,450 $0 $20,450
2019 $1,172 $20,450 $0 $20,450
2018 $1,183 $30,950 $0 $0
2017 $1,193 $30,950 $0 $0
2016 $1,053 $30,950 $0 $0
2015 $1,085 $30,950 $0 $0
2014 $1,068 $30,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001574382

Bright MLS

APN: 134-23.20-125.00-2