NOT LISTED FOR SALE

39160 Pine Lake Dr Unit 55025 Bethany Beach, DE 19930

Estimated Value: $574,661 - $830,000

4 Beds
3 Baths
1,600 Sq Ft
$546/mo HOA Fee

Last Sold February 11, 2019

Last sale price $368,000 $230 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,738/month

82 Days on Market

Highlights

  • Beach
  • Fitness Center
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of February 2019

What a great opportunity to own an Upper Vista in the Pinelake Community! Priced to sell and In-Fee with no Ground Rent. Beautifully maintained and never a rental. This favored floorplan offers 3 bedrooms / 2 full baths on 1st floor with sleeping loft and full bath on 2nd floor. New Refrigerator, Dish Washer and Wifi HVAC thermostat. Relax on your wrap-around screened porch with side grassy area and wonderful breezes blowing through after your day at the beach. Lovely strolling area with water views on the rear of this building. Located within close proximity to Beach Shuttle pick-up and Aquatic Center. Great rental investment with approximate gross return of $16,000. Don't wait! This floorplan moves quickly!

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 10/10/2018

Long & Foster Real Estate, Inc.

Co-Listed By

GAIL PHELAN

Long & Foster Real Estate, Inc.

Last Buyer's Agent

William Hand

Long & Foster Real Estate, Inc. License #RA-0020486

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,252

Year Built

  • Built in 1998

Lot Details

  • 1 Common Wall
  • Property is in very good condition

HOA Fees

Property Views

  • Garden
  • Courtyard

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 1.5 Levels
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Stone Fireplace
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Electric Front Loading Dryer
  • Washer

Home Security

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Balcony
  • Screened Patio
  • Storage Shed
  • Wrap Around Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Listing and Financial Details

  • Tax Lot -55025
  • Assessor Parcel Number 134-17.00-41.00-55025

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, insurance, lawn maintenance, reserve funds, trash, water
  • Low-Rise Condominium
  • Sea Colony West Xix Community
  • Sea Colony West Subdivision

Amenities

  • Community Center

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
  • Jogging Path

Security

  • Security Service
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,252

Year Built

Built in 1998

Lot Details

0

HOA Fees

$546 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
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: All the table lamps with seashells in them, picture on side wall in master bedroom, bicycle on the porch
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1998
  • Remarks Public: What a great opportunity to own an Upper Vista in the Pinelake Community! Priced to sell and In-Fee with no Ground Rent. Beautifully maintained and never a rental. This favored floorplan offers 3 bedrooms / 2 full baths on 1st floor with sleeping loft and full bath on 2nd floor. New Refrigerator, Dish Washer and Wifi HVAC thermostat. Relax on your wrap-around screened porch with side grassy area and wonderful breezes blowing through after your day at the beach. Lovely strolling area with water views on the rear of this building. Located within close proximity to Beach Shuttle pick-up and Aquatic Center. Great rental investment with approximate gross return of $16,000. Don't wait! This floorplan moves quickly!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dryer - Electric, Dryer - Front Loading, Icemaker, Oven - Self Cleaning, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Galley, Kitchen - Island, Primary Bath(s), Skylight(s), Walk-In Closet(s), Window Treatments, Entry Level Bedroom
  • Window Features: Screens, Skylights
  • Fireplace Features: Gas/Propane, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Door Features: Insulated, Sliding Glass, Storm
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 2
  • Levels Count: 1.5
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 236.88
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39160

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • 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
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Stick Built, Vinyl Siding
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • View: Courtyard, Garden/Lawn, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 2424.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4128.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Community Center, Fitness Center, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Security, Swimming Pool, Tennis Courts, Tennis - Indoor, Tot Lots/Playground, Cable
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Reserve Funds, Trash, Water
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Indoor, Heated, In Ground, 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

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Porch(es), Screened, Wrap Around
  • Property Condition: Very Good, Good
  • Zoning: RESIDENTIAL PLANNED COMM
  • Zoning Description: Residential Planned Community
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5114202
  • School Tax: 1104.00
  • Tax Annual Amount: 1252.00
  • Assessor Parcel Number: 134-17.00-41.00-55025
  • Tax Lot: -55025
  • Tax Total Finished Sq Ft: 1244
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 02/11/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2018
Closed on
Jan 2, 2019
Sold by
F J & P M Seidel Ret
Bought by
Shapiro Scott H and Shapiro Melaine D
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
William Hand
Long & Foster Real Estate, Inc.
List Price
$379,000
Sold Price
$368,000
Premium/Discount to List
-$11,000
-2.9%
Total Days on Market
82
Current Estimated Value
$728,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,165
Avg. Annual Appreciation
11.38%
Original Mortgage
$275,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2015
Sold by
Patricia M Seidel Rev Trust
Bought by
Seidel Frederick J and Seidel Patrica M
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
Shapiro Scott H $368,000 --
Seidel Frederick J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shapiro Melanie D $275,500
Closed Shapiro Scott H $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2019 02/11/19 Sold $368,000 -2.9% $230 / Sq Ft
12/31/2018 12/31/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $379,000 -- $237 / 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 $1,443 $28,750 $0 $28,750
2023 $1,442 $28,750 $0 $28,750
2022 $1,345 $28,750 $0 $28,750
2021 $1,305 $28,750 $0 $28,750
2020 $1,245 $28,750 $0 $28,750
2019 $1,239 $28,750 $0 $28,750
2018 $1,252 $33,100 $0 $0
2017 $1,262 $33,100 $0 $0
2016 $1,112 $33,100 $0 $0
2015 $1,146 $33,100 $0 $0
2014 $1,129 $33,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1009658518

Bright MLS

APN: 134-17.00-41.00-55025