NOT LISTED FOR SALE

39045 Pinewood Dr Unit 56043 Bethany Beach, DE 19930

Estimated Value: $20,640 - $808,000

3 Beds
3 Baths
1,638 Sq Ft
$539/mo HOA Fee

Last Sold May 21, 2020

Last sale price $466,000 $284 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,938/month

42 Days on Market

Highlights

  • Lake Front
  • Beach
  • Private Beach
  • Lord Baltimore Elementary School Rated A-
  • Pier or Dock
  • Canoe or Kayak Water Access

About This Home

As of May 2020

Be the Captain of Your Own Ship...sitting on this expansive wraparound screened porch is like sitting in the wheel house of your own yacht...water, water everywhere around you! Rare Upper End Vista offering beautiful water views from every window in this home. A warm and tasteful interior offering three bedrooms and a loft, three full baths, an open deck and screen porch all above the shores of Great Pine Lake. The entire first floor offers Luxury Vinyl Flooring - durable, waterproof, and great looking. A wide open floor plan offers a combination living room and dining room with a wrap around screen porch and open deck serving up those wonderful water views. The propane fired fireplace sparks to life with just a flip of the switch. The main level offers the master suite with private bath, a second guest bedroom, and a den allowing for lots of family or friends to enjoy your home with you. The loft offers an intimate office space and separate sleeping area - all with a full bathroom as well. This property has been a solid rental for a past few years and has weeks booked already this summer so instant income to you as the new owners. Sea Colony offers 12 heated swimming pools (2 Indoor and Year Round), a 1/2 mile private beach, 36 tennis courts (6 indoor), two work out facilities including the newly renovated Freeman Fitness Center ($7 Million invested two years ago), 24/7/365 Security, A community shuttle for ease of travel, a myriad of activities and programs for all ages, and so much more... Live Better at Sea Colony!

Last Agent to Sell the Property

Steve Alexander

Keller Williams Realty License #RA-0020488 Listed on: 03/13/2020

Keller Williams Realty

Last Buyer's Agent

Dustin Oldfather

Compass License #RS-0017091

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 1999

Lot Details

  • Lake Front
  • Private Beach
  • Sprinkler System
  • Land Lease of $1,300 per year expires in 78 years
  • Ground Rent expires in 78 years

HOA Fees

Property Views

  • Lake
  • Pond
  • Scenic Vista
  • Woods

Home Design

  • Penthouse
  • Frame Construction
  • Blown-In Insulation
  • Batts Insulation
  • Vinyl Siding
  • Stick Built Home
  • CPVC or PVC Pipes

Interior Spaces

  • 1,638 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Dining Area
  • Carpet
  • Attic Fan

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Home Security

Parking

  • Private Parking
  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Swimming Allowed
  • Lake Privileges
  • Sport Court
  • Balcony
  • Deck
  • Screened Patio
  • Water Fountains
  • Outdoor Storage
  • Playground
  • Play Equipment
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Programmable Thermostat
  • Private Water Source
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-41.00-56043

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Association fees include broadband, bus service, cable TV, common area maintenance, exterior building maintenance, health club, 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, trash, water
  • Sea Colony Recreation Association, Phone Number (800) 732-2656
  • Sea Colony West Phase Xx Condos, Phone Number (800) 732-2656
  • Built by Carl M Freeman
  • Sea Colony West Subdivision, Upper Vista Floorplan
  • Sea Colony West Xx Community
  • Property Manager
  • Community Lake

Amenities

  • Transportation Service
  • Picnic Area
  • Common Area
  • Sauna
  • Meeting Room
  • Party Room
  • Convenience Store
  • Community Storage Space

Recreation

  • Pier or Dock
  • 2 Community Docks
  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Community Pool with Domestic Water
  • Lap or Exercise Community Pool
  • Community Spa
  • Jogging Path
  • Bike Trail

Security

  • 24-Hour Security
  • Gated Community
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,082

Year Built

Built in 1999

Lot Details

0

HOA Fees

$539 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Unit/Flat, Loft, Bi-Level
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Land Lease
  • Exclusions: Shark statue and 3 shark prints, Bose Speaker System, computer monitors and keyboard, and Roku Sticks. Contents of owners' closet and all personal items from closets and drawers.
  • Historic: No
  • Home Warranty: No
  • Inclusions: The home sold furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1999
  • Remarks Public: Be the Captain of Your Own Ship...sitting on this expansive wraparound screened porch is like sitting in the wheel house of your own yacht...water, water everywhere around you! Rare Upper End Vista offering beautiful water views from every window in this home. A warm and tasteful interior offering three bedrooms and a loft, three full baths, an open deck and screen porch all above the shores of Great Pine Lake. The entire first floor offers Luxury Vinyl Flooring - durable, waterproof, and great looking. A wide open floor plan offers a combination living room and dining room with a wrap around screen porch and open deck serving up those wonderful water views. The propane fired fireplace sparks to life with just a flip of the switch. The main level offers the master suite with private bath, a second guest bedroom, and a den allowing for lots of family or friends to enjoy your home with you. The loft offers an intimate office space and separate sleeping area - all with a full bathroom as well. This property has been a solid rental for a past few years and has weeks booked already this summer so instant income to you as the new owners. Sea Colony offers 12 heated swimming pools (2 Indoor and Year Round), a 1/2 mile private beach, 36 tennis courts (6 indoor), two work out facilities including the newly renovated Freeman Fitness Center ($7 Million invested two years ago), 24/7/365 Security, A community shuttle for ease of travel, a myriad of activities and programs for all ages, and so much more... Live Better at Sea Colony!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Electric, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Attic/House Fan, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Galley, Primary Bath(s), Recessed Lighting, Stall Shower, Tub Shower, Whirlpool/Hottub, Window Treatments, Pantry, Walk-In Closet(s)
  • Window Features: Double Pane, Insulated, Screens, Sliding
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 1638
  • Living Area Sq Ft: 1638
  • Price Per Sq Ft: 289.93
  • Above Grade Finished Sq Ft: 1638
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39045

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Batts Insulation, Block, Blown-In Insulation, Cpvc/Pvc, Frame, Glass, Stick Built, Vinyl Siding
  • Exterior Features: Lawn Sprinkler, Play Area, Play Equipment, Private Beach, Secure Storage, Sidewalks, Sport Court, Street Lights, Tennis Court(s), Underground Lawn Sprinkler, Water Fountains
  • View: Lake, Pond, Scenic Vista, Trees/Woods, Water
  • Water Access Features: Canoe/Kayak, Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: General Common Elements, Lighted Parking, Paved Parking, Private, Unassigned
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Programmable Thermostat
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Central, Heat Pump - Electric Backup
  • Heating: Yes
  • Security: Smoke Detector, 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Community, Private/Community Water
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 2472.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1000.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Sea Colony West Phase XX
  • Condo Co-Op Phone: 800.732.2656
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Bike Trail, Cable, Common Grounds, Convenience Store, Exercise Room, Extra Storage, Fitness Center, Gated Community, Hot Tub, Jog/Walk Path, Lake, Meeting Room, Party Room, Picnic Area, Pier/Dock, Pool - Indoor, Pool - Outdoor, Sauna, Security, Swimming Pool, Tennis - Indoor, Tennis Courts, Tot Lots/Playground, Transportation Service, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Broadband, Bus Service, Cable Tv, Common Area Maintenance, Ext Bldg Maint, Health Club, 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, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Name: SEA COLONY RECREATION ASSOCIATION
  • HOA Phone: 800.732.2656
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Filtered, Domestic Water, Heated, In Ground, Indoor, Lap/Exercise

Fee Information

  • Loss Mitigation Fee?: No
  • 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
  • Improvement Assessed Value: 28900.00
  • Land Lease Amount: 1300.00
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 78
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es), Screened, Wrap Around
  • Year Assessed: 2019
  • Zoning: HR-1
  • In City Limits: No

Building Info

  • Builder Name: Carl M Freeman

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 78
  • Lease Considered: No
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5114337
  • School Tax: 954.00
  • Tax Annual Amount: 1082.00
  • Assessor Parcel Number: 134-17.00-41.00-56043
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 05/21/2020

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

Closed on
Aug 26, 2024
Sold by
Trenchard George O and Trenchard Terri S
Bought by
George And Terri Trenchard Living Trust and Trenchard
Total Days on Market
42
Current Estimated Value
$587,910

Purchase Details

Listed on
Mar 13, 2020
Closed on
May 12, 2020
Sold by
Kelly Christopher J and Kelly Lenrose S
Bought by
Trenchard George O and Trenchard Terri S
Seller's Agent
Steve Alexander
Keller Williams Realty
Buyer's Agent
Dustin Oldfather
Compass
List Price
$474,900
Sold Price
$466,000
Premium/Discount to List
-$8,900
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$372,800
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2014
Sold by
Joanne E Joanne E
Bought by
Ceppetelli Michael K and Ceppetelli Molly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
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
George And Terri Trenchard Living Trust -- None Listed On Document
Trenchard George O $466,000 None Available
Ceppetelli Michael K $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trenchard George O $340,000
Previous Owner Trenchard George O $372,800
Previous Owner Ceppetelli Michael K $318,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $466,000 -1.9% $284 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $474,900 -- $290 / 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 $1,327 $28,900 $0 $28,900
2023 $1,326 $28,900 $0 $28,900
2022 $1,304 $28,900 $0 $28,900
2021 $1,265 $28,900 $0 $28,900
2020 $1,207 $28,900 $0 $28,900
2019 $1,202 $28,900 $0 $28,900
2018 $1,214 $32,100 $0 $0
2017 $1,224 $32,100 $0 $0
2016 $1,078 $32,100 $0 $0
2015 $1,112 $32,100 $0 $0
2014 $1,095 $32,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU158136

Bright MLS

APN: 134-17.00-41.00-56043