NOT LISTED FOR SALE

39541 Cove Rd Unit 5 Bethany Beach, DE 19930

Estimated Value: $613,252 - $1,139,000

4 Beds
3.5 Baths
2,500 Sq Ft
$378/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $705,000 $282 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,466/month

36 Days on Market

Highlights

  • Beach
  • Bay View
  • Colonial Architecture
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of April 2019

Enticing Oceanblock duplex, just steps to a wide pristine beach in North Bethany. This tastefully appointed home offers 2 master suites, an open floorplan with an impressive great room featuring a gas fireplace, tile flooring, and an abundance of natural light. Enjoy fantastic Bay views and beautiful sunsets from the multiple decks and Ocean views and sunrises from the top level. Situated just South of the Indian River Inlet and State Park Beach with several great new restaurants, surf fishing, marina, and boating!

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 01/19/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Kiki Hargrove

Long & Foster Real Estate, Inc. License #RS-0020565

Last Buyer's Agent

Mary Jo Cole

Keller Williams Realty License #642245

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,265

Year Built

  • Built in 2003

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding
  • Piling Construction

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Combination Kitchen and Dining Room
  • Bay Views
  • Washer

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Home Security

Outdoor Features

  • Outdoor Shower
  • Deck

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-05.00-75.00-5

Community Details

Overview

  • Association fees include trash
  • Sandy Cove Community
  • Tower Shores Subdivision

Recreation

  • Beach

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,265

Year Built

Built in 2003

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Remarks Public: Enticing Oceanblock duplex, just steps to a wide pristine beach in North Bethany. This tastefully appointed home offers 2 master suites, an open floorplan with an impressive great room featuring a gas fireplace, tile flooring, and an abundance of natural light. Enjoy fantastic Bay views and beautiful sunsets from the multiple decks and Ocean views and sunrises from the top level. Situated just South of the Indian River Inlet and State Park Beach with several great new restaurants, surf fishing, marina, and boating!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Floor Plan - Open, Combination Kitchen/Dining, Window Treatments, Primary Bath(s), Ceiling Fan(s), Carpet, Kitchen - Island
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pilings
  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 291.60
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39541

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA Condo Co-Op Fee Includes: Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

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: Deck(s)
  • Zoning: L
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Total Actual Rent: 32900.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5123345
  • School Tax: 1116.00
  • Tax Annual Amount: 1265.00
  • Assessor Parcel Number: 134-05.00-75.00-5
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 04/05/2019

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2019
Closed on
Apr 1, 2019
Sold by
Mason Leon and Mason Colleen
Bought by
Cox Jeffrey A and Cox Michelle L
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Mary Jo Cole
Keller Williams Realty
List Price
$729,000
Sold Price
$705,000
Premium/Discount to List
-$24,000
-3.29%
Total Days on Market
36
Current Estimated Value
$945,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,813
Avg. Annual Appreciation
4.87%
Original Mortgage
$564,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 23, 2003
Bought by
Mason Leon R and Mason Colleen 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
Cox Jeffrey A $705,000 --
Mason Leon R $674,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Jeffrey A $450,000
Closed Cox Jeffrey A $564,000
Previous Owner Mason Leon R $477,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $705,000 -3.3% $282 / Sq Ft
02/24/2019 02/24/19 Pending -- -- --
01/19/2019 01/19/19 For Sale $729,000 -- $292 / 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 $1,383 $27,900 $0 $27,900
2023 $1,382 $27,900 $0 $27,900
2022 $1,359 $27,900 $0 $27,900
2021 $1,319 $27,900 $0 $27,900
2020 $6 $27,900 $0 $27,900
2019 $1,253 $27,900 $0 $27,900
2018 $1,265 $33,450 $0 $0
2017 $1,275 $33,450 $0 $0
2016 $1,124 $33,450 $0 $0
2015 $1,158 $33,450 $0 $0
2014 $1,141 $33,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU129328

Bright MLS

APN: 134-05.00-75.00-5