NOT LISTED FOR SALE

39577 Bay Rd Unit 2 Bethany Beach, DE 19930

Estimated Value: $655,961 - $748,000

2 Beds
1 Bath
1,000 Sq Ft
$704/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $265,000 $265 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $3,848/month

6 Days on Market

Highlights

  • Beach
  • Deck
  • Main Floor Bedroom
  • Lord Baltimore Elementary School Rated A-
  • Wood Flooring
  • Furnished

About This Home

As of June 2018

Adorable ocean block getaway with 2 bedrooms plus a first floor efficiency just steps to a beautiful beach in North Bethany. Offered fully furnished with desirable features such as hardwood floors throughout, newer stainless appliances, and a spacious deck, this affordable beach retreat is a great investment property with a proven rental history. The first floor efficiency with separate entrance offers many possibilities including the ability to rent out the condo while using the efficiency for yourself.

Last Agent to Sell the Property

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 03/23/2018

Long & Foster Real Estate, Inc.

Co-Listed By

Kiki Hargrove

(302) 569-2959 kiki@lesliekopp.com Long & Foster Real Estate, Inc. License #RS-0020565

Last Buyer's Agent

Justin DiNorscia

(302) 598-1457 achievetoday@aol.com Iron Valley Real Estate at The Beach License #RS-0023105

Iron Valley Real Estate at The Beach

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1970

HOA Fees

  • $44 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Architectural Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home
  • Cedar

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck

Location

  • Flood Risk

Utilities

  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-05.00-86.00-2

Community Details

Overview

  • Green Dolphin Community
  • Tower Shores Subdivision

Recreation

  • Beach

Townhouse Details

Home Type

Townhome

Year Built

Built in 1970

Lot Details

0

HOA Fees

$44 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1970
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Oven/Range - Electric, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Kitchen - Eat-In, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Fireplace: No
  • Foundation Details: Pilings
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Net Sq Ft: 1000.00
  • Price Per Sq Ft: 269.00
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle, Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 286.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 530.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Zoning: NORTH BETHANY
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5123406
  • Assessor Parcel Number: 134-05.00-86.00-2
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2013
Closed on
Feb 2, 2014
Bought by
Adams John Douglas Amy Zhang Adams
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
GERALD MUELLER
JERRY MUELLER REAL ESTATE INC.
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$704,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,240
Avg. Annual Appreciation
10.66%

Purchase Details

Listed on
Jul 5, 2013
Closed on
Dec 27, 2013
Sold by
Coghlan Leann Marie
Bought by
Adams John Douglas and Zhang Adams Amy
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
GERALD MUELLER
JERRY MUELLER REAL ESTATE INC.
List Price
$210,000
Sold Price
$210,000

Purchase Details

Closed on
Jul 5, 2013
Sold by
Coghlan Philip A
Bought by
Coghlan Leann Marie

Purchase Details

Closed on
Jun 20, 2013
Sold by
Coghlan Philip A
Bought by
Coghlan Leann Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Adams John Douglas Amy Zhang Adams $210,000 --
Adams John Douglas $525,000 --
Coghlan Leann Marie -- --
Coghlan Leann Marie -- --
Coghlan Leann Marie -- --
Coghlan Leann Marie -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2018 06/28/18 Sold $265,000 -1.5% $265 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $269,000 +28.1% $269 / Sq Ft
12/27/2013 12/27/13 Sold $210,000 0.0% $210 / Sq Ft View Prior Sale
11/14/2013 11/14/13 Pending -- -- --
07/05/2013 07/05/13 For Sale $210,000 -- $210 / 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
2025 $1,197 $9,800 $0 $9,800
2024 $529 $9,800 $0 $9,800
2023 $529 $9,800 $0 $9,800
2022 $520 $9,800 $0 $9,800
2021 $505 $9,800 $0 $9,800
2020 $481 $9,800 $0 $9,800
2019 $466 $9,800 $0 $9,800
2018 $471 $12,450 $0 $0
2017 $475 $12,450 $0 $0
2016 $418 $12,450 $0 $0
2015 $431 $12,450 $0 $0
2014 $323 $12,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leslie Kopp

    Seller's Agent in 2018

    Leslie Kopp

    Long & Foster

    (302) 542-3917

    355 in this area

    676 Total Sales

    Leslie Kopp
    Section Image
  • Kiki Hargrove

    Seller Co-Listing Agent in 2018

    Kiki Hargrove

    Long & Foster

    (302) 569-2959

    114 in this area

    218 Total Sales

    Kiki Hargrove
    Section Image

  • J

    Buyer's Agent in 2018

    Justin DiNorscia

    Iron Valley Real Estate at The Beach

    (302) 598-1457

    1 in this area

    34 Total Sales

    Justin DiNorscia
    Section Image

  • G

    Buyer's Agent in 2013

    GERALD MUELLER

    JERRY MUELLER REAL ESTATE INC.

See All Agents

Map

Source: Bright MLS

MLS Number: 1001576408

Bright MLS

APN: 134-05.00-86.00-2

Delaware Sussex County Bethany Beach 19930

39577 Bay Rd Unit 2, Bethany Beach, DE

Not Listed for Sale

Townhouses

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