NOT LISTED FOR SALE

38920 Cypress Lake Cir Unit 56072 Bethany Beach, DE 19930

Estimated Value: $783,000 - $847,000

3 Beds
2.5 Baths
1,920 Sq Ft
$423/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $835,000 $435 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,247/month

2 Days on Market

Highlights

  • Beach
  • Fitness Center
  • Open Floorplan
  • Lord Baltimore Elementary School Rated A-
  • View of Trees or Woods
  • Coastal Architecture

About This Home

As of April 2024

It is almost Spring and this "Carriage House" has just Sprung up on the market! Welcome to 56072 Cypress Lake Cir, Sea Colony West. One of the most sought after layouts within the Sea Colony West community! It really has it all! This home features 3BR, with a spacious loft area (large enough to include additional sleeping for guests) & 2.5 BA. It is a two story with a garage that includes an additional storage room for all those beach toys. The home has an upgraded enclosed porch off the rear that looks towards a tree lined yard and open space. Another added bonus is while enjoying your morning coffee or late afternoon libation you can relax on the front patio that looks towards Cypress Lake. The owner's suite offers an open deck overlooking the wooded view. The open floor plan allows for great entertaining space inside and out! Use it year round and enjoy a nice fire on the cool fall evenings. Did I mention this home has it all? Walk a short distance to the Aquatics Center or just a slightly further walk and you are at the fabulous Fitness Center . Tram stops are close by so you can venture over to the east side and enjoy a beach day or cool off in the multiple pools offered. This home is sold with furnishings including Treadmill, dishes, pots and pans, beach chairs, bikes & more! It is approximately 1900 sq. ft and is waiting for its new owner! Buyer pays a $6k Capital Contribution and $626 Insurance Escrow at the time of settlement. Home has been slightly staged & staging items DO NOT CONVEY. Includes but not limited to: some artwork, pictures, throws, pillows, knick knacks on tables & countertops etc.

Last Agent to Sell the Property

Kathy Goodman

RE/MAX Coastal License #RS-0012034 Listed on: 02/23/2024

RE/MAX Coastal

Last Buyer's Agent

Christine McCoy

Coldwell Banker Realty License #RA0031081

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,460

Year Built

  • Built in 1999

Lot Details

  • Landscaped
  • Sprinkler System
  • Backs to Trees or Woods
  • Land Lease expires in 73 years
  • Property is in very good condition

HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Driveway Space
  • Front Facing Garage
  • Garage Door Opener
  • Off-Site Parking

Property Views

  • Pond
  • Woods

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Enclosed patio or porch
  • Exterior Lighting
  • Outdoor Grill

Utilities

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

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-41.00-56072

Community Details

Overview

  • $6,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), road maintenance, snow removal, trash
  • Vacasa HOA
  • Sea Colony West Xx Community
  • Sea Colony West Subdivision
  • Property Manager

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,460

Year Built

Built in 1999

Lot Details

0

HOA Fees

$812 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Land Lease
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-02-23
  • Federal Flood Zone: Yes
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Remarks Public: It is almost Spring and this "Carriage House" has just Sprung up on the market! Welcome to 56072 Cypress Lake Cir, Sea Colony West. One of the most sought after layouts within the Sea Colony West community! It really has it all! This home features 3BR, with a spacious loft area (large enough to include additional sleeping for guests) & 2.5 BA. It is a two story with a garage that includes an additional storage room for all those beach toys. The home has an upgraded enclosed porch off the rear that looks towards a tree lined yard and open space. Another added bonus is while enjoying your morning coffee or late afternoon libation you can relax on the front patio that looks towards Cypress Lake. The owner's suite offers an open deck overlooking the wooded view. The open floor plan allows for great entertaining space inside and out! Use it year round and enjoy a nice fire on the cool fall evenings. Did I mention this home has it all? Walk a short distance to the Aquatics Center or just a slightly further walk and you are at the fabulous Fitness Center . Tram stops are close by so you can venture over to the east side and enjoy a beach day or cool off in the multiple pools offered. This home is sold with furnishings including Treadmill, dishes, pots and pans, beach chairs, bikes & more! It is approximately 1900 sq. ft and is waiting for its new owner! Buyer pays a $6k Capital Contribution and $626 Insurance Escrow at the time of settlement. Home has been slightly staged & staging items DO NOT CONVEY. Includes but not limited to: some artwork, pictures, throws, pillows, knick knacks on tables & countertops etc.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Water Heater - Tankless
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Carpet, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Stall Shower, Walk-In Closet(s), Window Treatments
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 447.40
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38920

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, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Bbq Grill, Exterior Lighting, Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Pond, Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Site
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric, Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Other

Condo/Co-op/Association

  • HOA Fees: 725.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1711.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Exercise Room, Fitness Center, Hot Tub, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Security, Tennis - Indoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Road Maintenance, Snow Removal, Trash
  • HOA Name: VACASA
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 6000.00

Schools

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

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 73
  • Land Use Code: 999
  • Lot Features: Backs To Trees, Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Enclosed, Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1303.00
  • Tax Annual Amount: 1460.00
  • Assessor Parcel Number: 134-17.00-41.00-56072
  • Tax Total Finished Sq Ft: 859
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/08/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 8, 2024
Sold by
Ashner Revocable Trust and Ashner Harold Jay
Bought by
Weinblatt Paul N and Weinblatt Sherri L
Seller's Agent
Kathy Goodman
RE/MAX Coastal
Buyer's Agent
Christine McCoy
Coldwell Banker Realty
List Price
$859,000
Sold Price
$835,000
Premium/Discount to List
-$24,000
-2.79%
Total Days on Market
2
Views
49
Current Estimated Value
$812,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,275
Avg. Annual Appreciation
-2.32%
Original Mortgage
$750,000
Interest Rate
6.9%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 27, 2023
Sold by
Ashner Harold J and Ashner Vivian C
Bought by
Ashner Family Revocable Trust and Ashner
Source: Public Records

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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
Weinblatt Paul N $835,000 None Listed On Document
Ashner Family Revocable Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Weinblatt Paul N $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $835,000 -2.8% $435 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $859,000 -- $447 / 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 $1,462 $31,600 $0 $31,600
2023 $1,460 $31,600 $0 $31,600
2022 $1,436 $31,600 $0 $31,600
2021 $1,393 $31,600 $0 $31,600
2020 $1,330 $31,600 $0 $31,600
2019 $1,313 $31,600 $0 $31,600
2018 $1,337 $35,350 $0 $0
2017 $1,348 $35,350 $0 $0
2016 $1,188 $35,350 $0 $0
2015 $1,224 $35,350 $0 $0
2014 $1,206 $35,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Goodman

    Seller's Agent in 2024

    Kathy Goodman

    RE/MAX

    (302) 245-4096

    14 in this area

    54 Total Sales

    Kathy Goodman
    Section Image
  • Christine McCoy

    Buyer's Agent in 2024

    Christine McCoy

    Coldwell Banker Realty

    (302) 339-5368

    12 in this area

    260 Total Sales

    Christine McCoy
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2056318

Bright MLS

APN: 134-17.00-41.00-56072

Delaware Sussex County Bethany Beach 19930

38920 Cypress Lake Cir Unit 56072, Bethany Beach, DE

This home is located at 38920 Cypress Lake Cir Unit 56072, Bethany Beach, DE 19930 since 23 February 2024 and is currently estimated at $812,725, approximately $423 per square foot. This property was built in 1999. 38920 Cypress Lake Cir Unit 56072 is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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