$358,000
SOLD MAY 5, 2023

39347 W Pine Ct Unit 1023 Bethany Beach, DE 19930

1 Bed
1 Bath
600 Sq Ft
$514/mo HOA Fee

Recently Sold

$597 Per Sq Ft

3% Above List Price

3 Days on Market

Highlights

  • Private Beach Club
  • Fitness Center
  • Transportation Service
  • Lord Baltimore Elementary School Rated A-
  • 24-Hour Security
  • Water Oriented

About This Home

As of November 2023

Now IS the time to get your very own Sea Colony Get-Away (and Income Producer) with this private 1 Bedroom, 1 Bath Villa in a superior location near Park, Tennis and Pond! Property features an Open Layout, Laminate Flooring, Coastal Colors on Walls, Cathedral Ceilings, Fully Equipped Kitchen with Island, and Counter Seating. Bedroom with Bath, Stacked Washer Dryer, Vanity. A Wall of Windows lets in Natural Light into the Living Area, Sliders access a spacious Private Deck with some pond views. Walk out of Home to Benches along Expansive Pond to relax and take a deep breath! Close to Park Space with Pickleball, Tennis, Playground and more for every age and interest too! Beach Tram Stop is steps away taking you up to 1/2 mile of Private Beaches. Sea Colony also has 12 pools, 2 of them indoor and 5 of them Ocean Front! 2 Fitness Centers with year round programing. World Class Tennis Facility and Training. 24 Hour Security. In Community Dining & Shopping at Marketplace. Property has generated over $26,000 of rental income the past two years and has over $14,000 already booked for 2023. Don't wait any longer come join the Legacy of Sea Colony Homeowners in Bethany Beach.

Last Agent to Sell the Property

Anne Powell

Coldwell Banker Realty License #RA-0003582 Listed on: 03/23/2023

Coldwell Banker Realty

Last Buyer's Agent

Ann Baker/noLng

Long & Foster Real Estate, Inc. License #RA-0020487

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $573

Year Built

  • Built in 1985

Lot Details

  • Open Space
  • Ground Rent expires in 61 years

HOA Fees

  • $514 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

  • Pond
  • Woods

Home Design

  • Semi-Detached or Twin Home
  • Coastal Architecture
  • Bungalow
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 600 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Window Treatments
  • Combination Kitchen and Living

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Deck
  • Exterior Lighting

Location

  • Property is near a park

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-48.00-1023C

Community Details

Overview

  • $2,900 Recreation Fee
  • $4,000 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, management, pest control, pool(s), recreation facility, road maintenance, sauna, snow removal, trash
  • Sea Colony West Viii Community
  • Sea Colony West Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Transportation Service
  • Common Area
  • Gift Shop
  • Sauna
  • Recreation Room

Recreation

  • Private Beach Club
  • Tennis Courts
  • 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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$573

Year Built

Built in 1985

Lot Details

0

HOA Fees

$514 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Bungalow, Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: Winged Chair w green pillow in Great Room, 2 faux plants, plate with faux pears, yellow pillows/throw/decor towels in bedroom
  • Inclusions: Furnished as seen excluding Staging Items
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Vinyl, Laminated
  • Interior Amenities: Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Window Treatments
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 600
  • Living Area Sq Ft: 600
  • Price Per Sq Ft: 580.00
  • Above Grade Finished Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39347

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Exterior Lighting
  • Roof: Architectural Shingle
  • View: Pond, Trees/Woods
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1543.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Beach Club, Common Grounds, Exercise Room, Fitness Center, Gift Shop, Hot Tub, Jog/Walk Path, Lake, Pool - Indoor, Pool - Outdoor, Recreational Center, Sauna, Security, Swimming Pool, Tot Lots/Playground, Tennis Courts, Transportation Service
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pest Control, Pool(s), Recreation Facility, Road Maintenance, Sauna, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 2900.00
  • Association Recreation Fee: Yes
  • Community Pool Features: In Ground, Lap/Exercise, Indoor, Heated

Fee Information

  • Capital Contribution Fee: 4000.00

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Features: Adjoins - Open Space, Backs - Parkland
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2022
  • Zoning: HR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 61
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 26000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • School Tax: 510.00
  • Tax Annual Amount: 573.00
  • Assessor Parcel Number: 134-17.00-48.00-1023C
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/05/2023

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 21, 2023
Closed on
Nov 3, 2023
Sold by
Gray Kraig and Gray Dawn
Bought by
Weaver Donald and Weaver Beverly
Seller's Agent
Ann Baker/noLng
Long & Foster Real Estate, Inc.
Buyer's Agent
JENNIFER SMITH
Keller Williams Realty
List Price
$405,000
Sold Price
$406,000
Premium/Discount to List
$1,000
0.25%
Total Days on Market
3
Views
38
Current Estimated Value
$324,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,224
Avg. Annual Appreciation
-13.18%

Purchase Details

Listed on
Mar 23, 2023
Closed on
May 5, 2023
Sold by
Eichberg Ross E
Bought by
Gray Kraig and Gray Dawn
Seller's Agent
Anne Powell
Coldwell Banker Realty
Buyer's Agent
Ann Baker/noLng
Long & Foster Real Estate, Inc.
List Price
$348,000
Sold Price
$358,000
Premium/Discount to List
$10,000
2.87%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.61%
Original Mortgage
$304,300
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2022
Sold by
Eichberg Ross E
Bought by
Eichberg Ross E and Eichberg Paula S

Purchase Details

Listed on
Jun 22, 2018
Closed on
May 6, 2019
Sold by
Thomas J Lewis 3Rd Ret
Bought by
Paro Holdings Llc
Seller's Agent
Shelby Smith
Long & Foster Real Estate, Inc.
Buyer's Agent
Russell Stucki
RE/MAX Realty Group-Rehoboth Beach
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.57%

Purchase Details

Closed on
Aug 9, 2013
Sold by
Ktl Property Llc
Bought by
Lewis Thomas J and Lewis Kathleen C
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 $406,000 None Listed On Document
Deed $358,000 None Listed On Document
Deed -- John Williams Pa
Deed -- John Williams Pa
Deed $150,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $304,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $406,000 +0.2% $541 / Sq Ft
09/21/2023 09/21/23 For Sale $405,000 +13.1% $540 / Sq Ft
05/05/2023 05/05/23 Sold $358,000 +2.9% $597 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $348,000 +132.0% $580 / Sq Ft
05/06/2019 05/06/19 Sold $150,000 -3.2% $250 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
02/07/2019 02/07/19 Price Changed $154,900 -3.1% $258 / Sq Ft
06/22/2018 06/22/18 For Sale $159,900 -- $267 / 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 $583 $10,700 $0 $10,700
2023 $582 $10,700 $0 $10,700
2022 $573 $10,700 $0 $10,700
2021 $556 $10,700 $0 $10,700
2020 $530 $10,700 $0 $10,700
2019 $528 $10,700 $0 $10,700
2018 $533 $14,100 $0 $0
2017 $538 $14,100 $0 $0
2016 $474 $14,100 $0 $0
2015 $488 $14,100 $0 $0
2014 $481 $14,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2038306

Bright MLS

APN: 134-17.00-48.00-1023C