38924 Cypress Lake Cir Unit 56077 Bethany Beach, DE 19930
3
Beds
2.5
Baths
2,050
Sq Ft
$394/mo
HOA Fee
Highlights
- Boat Ramp
- Beach
- 24-Hour Security
- Lord Baltimore Elementary School Rated A-
- Fitness Center
- View of Trees or Woods
About This Home
As of October 2020This floorplan is the culmination of customer requests over years of building homes at Sea Colony. It is the last, newest version of this Carriage floorplan. Garage? Check! Sunroom/Screen Porch? Check! Private Deck off Master, plus front patio? Check! Fireplace? Check! Storage? Check! Whirlpool tub plus separate shower? Check, Check! Loft that can be used as a 4th sleeping area too. Larger than many of the other townhomes in Sea Colony, this home is over 2000 SF (including sunroom). Originally, the locations with privacy were among the first to sell. This home backs 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 guarded beaches. This owner added granite counter tops, upgraded tile, converted the screened porch into a sunroom OR screened porch, and the home was professionally decorated. California closets, mirrored doors and added lighting are just a few things that set this home apart from the others. Quality furniture and most artwork convey with this lovely beach home, right down to the bikes and beach chairs! Original owner, one family has used this meticulously maintained home. New a/c as of 2018. 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. Occupy just in time for the spring/summer season. 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
Long & Foster Real Estate, Inc. License #RA-0020487 Listed on: 02/14/2020
Last Buyer's Agent
Long & Foster Real Estate, Inc. License #RA-0020487 Listed on: 02/14/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,183
Year Built
- Built in 1999
Lot Details
- South Facing Home
- Sprinkler System
- Ground Rent expires in 70 years
- Property is in very good condition
HOA Fees
- $394 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Front Facing Garage
- Driveway
- Off-Street Parking
Home Design
- Coastal Architecture
- Contemporary Architecture
- Slab Foundation
- Frame Construction
- Architectural Shingle Roof
- Aluminum Siding
Interior Spaces
- 2,050 Sq Ft Home
- Property has 2 Levels
- Furnished
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Dining Area
- Views of Woods
- Attic Fan
Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Self-Cleaning Oven
- Built-In Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Accessible Home Design
- Doors swing in
- More Than Two Accessible Exits
- Level Entry For Accessibility
Outdoor Features
- Lake Privileges
- Deck
- Enclosed patio or porch
- Exterior Lighting
- Outdoor Grill
Location
- Flood Risk
Schools
- Indian River High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Owned Propane
- Propane
- Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 134-17.00-41.00-56077
Community Details
Overview
- $2,472 Recreation Fee
- $2,000 Capital Contribution Fee
- Association fees include common area maintenance, health club, high speed internet, lawn maintenance, management, pool(s), road maintenance, sauna, trash, water
- Resortquest HOA
- Sea Colony West Xx Community
- Sea Colony West Subdivision
- Property Manager
- Community Lake
Amenities
- Picnic Area
- Common Area
- Community Center
- Meeting Room
Recreation
- Boat Ramp
- Beach
- Tennis Courts
- Indoor Tennis Courts
- Fitness Center
- Community Indoor Pool
- Heated Community Pool
- Jogging Path
Pet Policy
- Pets Allowed
Security
- 24-Hour Security
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
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,360
Avg. Annual Appreciation
7.22%
Original Mortgage
$472,000
Outstanding Balance
$423,596
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$406,727
Purchase Details
Closed on
Aug 27, 1999
Bought by
Trachtenberg Robert L and Trachte Judith F
Similar Homes in Bethany Beach, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $595,000 | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $472,000 | New Conventional | |
| Previous Owner | $370,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $150,000 | New Conventional |
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
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
-
Seller's Agent in 2020
Ann Baker/noLng
Long & Foster
(302) 858-8518
34 in this area
64 Total Sales
-
Buyer's Agent in 2020
Sarah Schifano
Long & Foster
(302) 858-3945
48 in this area
146 Total Sales
Map
Source: Bright MLS
MLS Number: DESU155166
APN: 134-17.00-41.00-56077
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