$699,000
SOLD JUN 24, 2022

38947 Cypress Lake Cir Unit 56152 Bethany Beach, DE 19930

3 Beds
2 Baths
1,300 Sq Ft
$561/mo HOA Fee

Recently Sold

$538 Per Sq Ft

1 Day on Market

Highlights

  • 100 Feet of Waterfront
  • Beach
  • 24-Hour Security
  • Lord Baltimore Elementary School Rated A-
  • Fitness Center
  • Lake View

About This Home

As of October 2024

Water, Water everywhere! This fabulous 1st floor Vista is located in the sought after Pine Lake Community and Phase XX of Sea Colony’s beautiful Tennis Community. Situated on a quiet corner cul-de-sac and surround by the waters of Cypress Lake and Great Pine Lake. Picture perfect views from screened and open porches, living room, dining room, kitchen, master en-suite and 1st guest bedroom. Completely remodeled kitchen in 2018, new laminate flooring throughout main living areas and a new HVAC system in 2019! Being sold fully furnished and turnkey. This property is a non-rental so available for your enjoyment the entire summer! Steps to newly designed Aquatic Center and the state-of-the-art Freeman Fitness Center and within easy walking distance from the Pine Lake heated pool. With 2 beach tram stops nearby, enjoy easy access to the half mile private lifeguarded beach and oceanfront pools. Tennis lovers will be in heaven with the USTA award winning program, 34 courts (6 indoor) and pros, clinics, and camps! If you have been craving water views and a beach home in Sea Colony, your time is now! Please call to schedule your private showing today!

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 05/20/2022

Long & Foster Real Estate, Inc.

Co-Listed By

GAIL PHELAN

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Bill Cullin

Long & Foster Real Estate, Inc. License #RS0018675

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,019

Year Built

  • Built in 2000

Lot Details

  • 100 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Landscaped
  • Front and Side Yard
  • Land Lease of $2,000 per year expires in 77 years
  • Ground Rent expires in 77 years

HOA Fees

Property Views

  • Lake
  • Scenic Vista
  • Woods

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Crawl Space
  • Electric Front Loading Dryer

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Home Security

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Private Parking
  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • Parking Space Conveys

Outdoor Features

  • Water Access
  • Property is near a lake
  • Pond
  • Lake Privileges
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Wrap Around Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-41.00-56152

Community Details

Overview

  • $4,000 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Built by Carl M. Freeman
  • Sea Colony West Subdivision, Vista Floorplan
  • Sea Colony West Xx Community

Amenities

  • Sauna

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Community Spa
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,019

Year Built

Built in 2000

Lot Details

0

HOA Fees

$561 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Land Lease
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-05-20
  • Federal Flood Zone: Yes
  • Year Built: 2000
  • Remarks Public: Water, Water everywhere! This fabulous 1st floor Vista is located in the sought after Pine Lake Community and Phase XX of Sea Colony’s beautiful Tennis Community. Situated on a quiet corner cul-de-sac and surround by the waters of Cypress Lake and Great Pine Lake. Picture perfect views from screened and open porches, living room, dining room, kitchen, master en-suite and 1st guest bedroom. Completely remodeled kitchen in 2018, new laminate flooring throughout main living areas and a new HVAC system in 2019! Being sold fully furnished and turnkey. This property is a non-rental so available for your enjoyment the entire summer! Steps to newly designed Aquatic Center and the state-of-the-art Freeman Fitness Center and within easy walking distance from the Pine Lake heated pool. With 2 beach tram stops nearby, enjoy easy access to the half mile private lifeguarded beach and oceanfront pools. Tennis lovers will be in heaven with the USTA award winning program, 34 courts (6 indoor) and pros, clinics, and camps! If you have been craving water views and a beach home in Sea Colony, your time is now! Please call to schedule your private showing today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Icemaker, Oven - Self Cleaning, Oven/Range - Electric
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Carpet, Laminated
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Family Room Off Kitchen, Flat, Floor Plan - Open, Kitchen - Galley, Kitchen - Island, Recessed Lighting, Stall Shower, Upgraded Countertops, Window Treatments
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Price Per Sq Ft: 537.69
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38947

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Exterior Features: Bbq Grill, Exterior Lighting, Secure Storage
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • View: Lake, Water, Scenic Vista, Trees/Woods
  • Water Access: Yes
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Parking Features: Lighted Parking, Parking Space Conveys, Paved Parking, Private
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2672.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4060.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Fitness Center, Hot Tub, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Sauna, Security, Swimming Pool, Tennis - Indoor, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Lap/Exercise, Heated, In Ground, Indoor

Fee Information

  • Capital Contribution Fee: 4000.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Lease Amount: 2000.00
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 77
  • Land Use Code: RC
  • Lot Features: Corner, Cul-De-Sac, Front Yard, Landscaping, Pond, Sideyard(s)
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s), Porch(es), Screened, Wrap Around
  • Year Assessed: 2021
  • Zoning: HR-1
  • In City Limits: No

Building Info

  • Builder Name: Carl M. Freeman

Rental Info

  • Furnished: Yes
  • Ground Rent Years Remaining: 77
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5114442
  • School Tax: 904.00
  • Tax Annual Amount: 1019.00
  • Assessor Parcel Number: 134-17.00-41.00-56152
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/24/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Dec 6, 2024
Sold by
Cmf Sc Owner Llc
Bought by
Flor Jaclyn J and Penza Christian G
Seller's Agent
DAVE LEIDERMAN
Keller Williams Realty
Buyer's Agent
Cindy Sakowski
Keller Williams Realty
List Price
$725,000
Sold Price
$735,000
Premium/Discount to List
$10,000
1.38%
Total Days on Market
1
Views
39
Current Estimated Value
$724,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,892
Avg. Annual Appreciation
-2.34%

Purchase Details

Listed on
Sep 20, 2024
Closed on
Oct 18, 2024
Sold by
Ehrlich Howard M and Ehrlich Sharon B
Bought by
Flor Jaclyn J and Penza Christian G
Seller's Agent
DAVE LEIDERMAN
Keller Williams Realty
Buyer's Agent
Cindy Sakowski
Keller Williams Realty
List Price
$725,000
Sold Price
$735,000
Premium/Discount to List
$10,000
1.38%
Views
39

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 24, 2022
Sold by
Solomon Gerald D and Solomon Leslie M
Bought by
Ehrlich Howard M and Ehrlich Sharon B
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
List Price
$699,000
Sold Price
$699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.19%
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 Type Sale Price Title Company
Deed $20,292 None Listed On Document
Deed $20,292 None Listed On Document
Deed $735,000 None Listed On Document
Deed $735,000 None Listed On Document
Deed $699,000 Tunnell & Raysor Pa
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $735,000 +1.4% $498 / Sq Ft
09/20/2024 09/20/24 For Sale $725,000 +3.7% $492 / Sq Ft
06/24/2022 06/24/22 Sold $699,000 0.0% $538 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $699,000 -- $538 / 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 $1,069 $22,900 $0 $22,900
2023 $1,068 $22,900 $0 $22,900
2022 $1,050 $22,900 $0 $22,900
2021 $1,019 $22,900 $0 $22,900
2020 $972 $22,900 $0 $22,900
2019 $968 $22,900 $0 $22,900
2018 $977 $25,850 $0 $0
2017 $986 $25,850 $0 $0
2016 $868 $25,850 $0 $0
2015 $895 $25,850 $0 $0
2014 $882 $25,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2021104

Bright MLS

APN: 134-17.00-41.00-56152