NOT LISTED FOR SALE

38924 Cypress Lake Cir Unit 56077 Bethany Beach, DE 19930

Estimated Value: $640,291 - $897,000

3 Beds
2.5 Baths
2,050 Sq Ft
$405/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $595,000 $290 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,383/month

Highlights

  • Beach
  • Fitness Center
  • View of Trees or Woods
  • Lord Baltimore Elementary School Rated A-
  • 24-Hour Security
  • Lake Privileges

About This Home

As of October 2020

Largest version of this Sea Colony Carriage home floor plan located in a picturesque private spot close to everything and meticulously maintained. The owner's en-suite includes a soaking tub and separate shower plus a private deck with plenty of room to step away for some tranquility. Some of the great features about this floor plan are the enclosed sunroom with new block out shades and a comfy pull out so this can accommodate overflow guests along with the loft which has a single and trundle plus a pull out in the living room. Together with the 3 spacious bedrooms, this home could accommodate up to 12. This owner converted the garage into a game room but it could easily transition back to garage with no expense. Private setting backing up to mature trees with lots of privacy and a back yard the perfect size to enjoy easy cookouts. Also, close to the Fitness Center and the Aquatic Center, plus shuttle stop to Sea Colony's beautiful 1/2 mile guarded beaches. Granite counter tops, upgraded tile, added lighting, California closets, and being sold mostly furnished with quality pieces are all features that set this home apart from the rest. All exterior maintenance, flood insurance, water, wireless internet, cable, professional management, plus 12 pools, (2 indoor) an almost 18,000 square foot fitness center, kayak storage and launch avail, and most important, a 1/2 mile of private beach all included. Priced separately, it would be more expensive to own a non-condo home and receive everything you get at Sea Colony.People are flocking to DE due to low taxes, lock in your spot today where there's no need to drive anywhere! Arrive, park your car, and you won't need it! Bike, walk, shuttle everywhere! Boardwalk, Restaurants, the Beach, Shopping, everything is conveniently nearby.

Last Agent to Sell the Property

Ann Baker/noLng

Long & Foster Real Estate, Inc. License #RA-0020487 Listed on: 09/09/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Sarah Schifano

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 1999

Lot Details

  • South Facing Home
  • Backs to Trees or Woods
  • Ground Rent expires in 70 years
  • Property is in excellent condition

HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,050 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Bar
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Dining Area
  • Loft
  • Sun or Florida Room
  • Views of Woods
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Lake Privileges
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Propane Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-41.00-56077

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, sauna, security gate, snow removal, trash
  • Resortquest HOA, Phone Number (302) 537-4660
  • Sea Colony West Xx Community
  • Sea Colony West Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Picnic Area
  • Sauna
  • Community Center

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Indoor Pool
  • Lap or Exercise Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,330

Year Built

Built in 1999

Lot Details

0

HOA Fees

$600 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Exclusions: Front porch planters, Master bedroom lamps, Lanterns on back porch Framed art over couch in living room and daybed in loft, Wine opener in dining area
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-09-09
  • Federal Flood Zone: Yes
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Remarks Public: Largest version of this Sea Colony Carriage home floor plan located in a picturesque private spot close to everything and meticulously maintained. The owner's en-suite includes a soaking tub and separate shower plus a private deck with plenty of room to step away for some tranquility. Some of the great features about this floor plan are the enclosed sunroom with new block out shades and a comfy pull out so this can accommodate overflow guests along with the loft which has a single and trundle plus a pull out in the living room. Together with the 3 spacious bedrooms, this home could accommodate up to 12. This owner converted the garage into a game room but it could easily transition back to garage with no expense. Private setting backing up to mature trees with lots of privacy and a back yard the perfect size to enjoy easy cookouts. Also, close to the Fitness Center and the Aquatic Center, plus shuttle stop to Sea Colony's beautiful 1/2 mile guarded beaches. Granite counter tops, upgraded tile, added lighting, California closets, and being sold mostly furnished with quality pieces are all features that set this home apart from the rest. All exterior maintenance, flood insurance, water, wireless internet, cable, professional management, plus 12 pools, (2 indoor) an almost 18,000 square foot fitness center, kayak storage and launch avail, and most important, a 1/2 mile of private beach all included. Priced separately, it would be more expensive to own a non-condo home and receive everything you get at Sea Colony.People are flocking to DE due to low taxes, lock in your spot today where there's no need to drive anywhere! Arrive, park your car, and you won't need it! Bike, walk, shuttle everywhere! Boardwalk, Restaurants, the Beach, Shopping, everything is conveniently nearby.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Bar, Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Sun/Florida Room, Loft
  • Basement: No
  • Total Sq Ft: 2050
  • Living Area Sq Ft: 2050
  • Price Per Sq Ft: 290.24
  • Above Grade Finished Sq Ft: 2050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38924

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: Exterior Lighting
  • Roof: Architectural Shingle
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 618.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1183.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Community Center, Exercise Room, Fitness Center, Hot Tub, Lake, Picnic Area, Pool - Indoor, Pool - Outdoor, Sauna, Security, Swimming Pool, Tennis - Indoor, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sauna, Security Gate, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Name: RESORTQUEST
  • HOA Phone: 3025374660
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground, Indoor, Lap/Exercise

Fee Information

  • Capital Contribution Fee: 2000.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Features: Backs To Trees
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 70
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5114369
  • School Tax: 1172.00
  • Tax Annual Amount: 1330.00
  • Assessor Parcel Number: 134-17.00-41.00-56077
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/23/2020

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 23, 2020
Sold by
Westerlund Teresa L
Bought by
Gruen Richard A and Jakubowski Ruth A
Seller's Agent
Ann Baker/noLng
Long & Foster Real Estate, Inc.
Buyer's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
List Price
$595,000
Sold Price
$595,000
Total Days on Market
0
Current Estimated Value
$830,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,323
Avg. Annual Appreciation
6.96%
Original Mortgage
$472,000
Outstanding Balance
$425,471
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$386,448

Purchase Details

Closed on
Aug 27, 1999
Bought by
Trachtenberg Robert L and Trachte Judith F
Source: Public Records

Similar Homes in Bethany Beach, DE

  • 435 Lekites Ave Unit 435, Bethany Beach, DE 19930

    $645,000

    • 3 Beds
    • 2.5 Baths
    • 1,200 Sq Ft
    • 435 Lekites Ave
    • Unit 435
    • Bethany Beach, DE

    Discover your coastal oasis in this beautifully updated townhouse, ideally situated just 4 blocks from the beach and downtown Bethany. This open-concept home features stunning LVP flooring throughout the main level, seamlessly connecting the modern kitchen—boasting white cabinetry, quartz countertops, and newer appliances—to the inviting living area and lovely screened porch, perfect for

    Leslie Kopp Long & Foster Real Estate, Inc.

    Section Image
  • 20018 Greenway Ct Unit 20018, Bethany Beach, DE 19930

    $899,900

    • 3 Beds
    • 2.5 Baths
    • 1,900 Sq Ft
    • 20018 Greenway Ct
    • Unit 20018
    • Bethany Beach, DE

    Welcome to your coastal retreat in the sought-after Sea Colony community!Available for Purchase 20018 Greenway- a rarely available end unit carriage house. This spacious end-unit townhome offers added privacy and abundant natural light, all within a beautifully maintained, amenity-rich neighborhood just minutes from the beach.Featuring a desirable open-concept floorplan, this home is perfect for

    Chrisy Tingle Keller Williams Realty

    Section Image
  • 20021 Greenway, Bethany Beach, DE 19930

    $822,000

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • 20021 Greenway
    • Bethany Beach, DE

    Move-in ready Carriage Townhome on a private cul-de-sac in the amenity rich community of Sea Colony. Exceptional quiet location, yet just steps from wooden pathway to beach trolley stop and to the Fitness Center, with its indoor Olympic-size pool, as well as an outdoor pool overlooking the canal. This sought after open-concept floorplan with a gas fireplace is offered fully furnished and ready to

    AVA TANSEY TANSEY WARNER

    Section Image
  • 39644 Love Ct, Bethany Beach, DE 19930

    $700,000

    • 3 Beds
    • 3 Baths
    • 39644 Love Ct
    • Bethany Beach, DE

    Welcome to your perfect beach retreat in the sought-after community of Sea Colony West in Bethany Beach, Delaware. Owned in FEE SIMPLE with NO Ground RentThis beautifully maintained and private, end-unit townhome offers an unbeatable combination of privacy, modern comfort, and resort-style living—just minutes from the Atlantic Ocean. Situated across from one of the communities many outdoor pools

    Melinda Ingram Jack Lingo - Rehoboth

    Section Image
  • 39337 Hatteras Dr Unit 15, Bethany Beach, DE 19930

    $899,990

    • 4 Beds
    • 3.5 Baths
    • 3,453 Sq Ft
    • 39337 Hatteras Dr
    • Unit 15
    • Bethany Beach, DE

    Welcome to the sought after community of North Beach! LOCATION, AMENITIES AND VIEWS! This intimate community of just 40 homes is surrounded by 42+ acres of protected wetlands, title marsh and open space. The amenities include common grounds, a private pool, boardwalk through title marsh, kayak storage and launch. All this just a short bike ride to all that the Quiet Resort of Bethany Beach has to

    Edward Deisher Enliven Real Estate, LLC

    Section Image
  • 11 Marina View Ct Unit A6, Bethany Beach, DE 19930

    $674,900

    • 4 Beds
    • 3 Baths
    • 2,850 Sq Ft
    • 11 Marina View Ct
    • Unit A6
    • Bethany Beach, DE

    Luxurious Waterfront Living Awaits at South Shore Marina...Embrace a lifestyle of luxury and relaxation in this Move-in- Ready 4 bed, 3 bath 2850 sq ft Coastal townhome with an open concept floor plan. 11 Marina View Ct is nestled within a prestigious gated community on the Indian River Inlet. This lovingly cared for home offers breathtaking views of the South Shore Marina and the Indian River

    Chrisy Tingle Keller Williams Realty

    Section Image
  • 25 Marina View Ct Unit B-5, Bethany Beach, DE 19930

    $715,000

    • 4 Beds
    • 4.5 Baths
    • 2,800 Sq Ft
    • 25 Marina View Ct
    • Unit B-5
    • Bethany Beach, DE

    Stunning townhome located in a gated community at the Indian River Inlet. If you are an avid beach lover, boater or fisherman, then this is the perfect home for you. Located at the South Shore Marina, this lovely multi- level townhome offers amazing views overlooking a beautiful marina filled with gorgeous boats and yachts! There are water views and balconies from every level. The first two

    Linda Hanna Patterson-Schwartz-Hockessin

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gruen Richard A $595,000 None Available
Trachtenberg Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gruen Richard A $472,000
Previous Owner Westerlund Teresa L $370,000
Previous Owner Revocab Judith F $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $595,000 0.0% $290 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $595,000 +10.0% $290 / Sq Ft
04/14/2020 04/14/20 Sold $541,083 -0.7% $264 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $545,000 -- $266 / 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 $948 $31,600 $0 $31,600
2018 $961 $35,350 $0 $0
2017 $972 $35,350 $0 $0
2016 $744 $35,350 $0 $0
2015 $761 $35,350 $0 $0
2014 $742 $35,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU168362

Bright MLS

APN: 134-17.00-41.00-56077