NOT LISTED FOR SALE

39587 Admiral Rd Unit 2 Bethany Beach, DE 19930

Estimated Value: $1,463,000 - $2,064,588

4 Beds
3 Baths
3,200 Sq Ft
$577/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $1,600,000 $500 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,586/month

80 Days on Market

Highlights

  • Ocean View
  • Beach
  • Building is oceanfront but unit may not have water views
  • Lord Baltimore Elementary School Rated A-
  • Private Beach
  • Open Floorplan

About This Home

As of June 2021

Welcome to your beach house in Tower Shores! Just steps to the beach, this east-facing duplex is fully furnished, turnkey, and ready for you. There is plenty of room for the entire family, with 4 bedrooms, 3.5 bathrooms, and a loft—you can sleep up to 12! This custom home features 3,200 square feet of living space, with each floor providing both front and back deck space which totals over 800 square feet. Details such as hardwood floors, Andersen windows, and many beautiful finishings make this house truly a home. The first floor features an entryway with closet/storage space as well as a separate closet built out and ready for a future elevator. The second floor features three bedrooms (complete with seven beds), two bathrooms, and a laundry room. As you reach the third floor, you will discover the inverted floor plan with an open and beautiful living room, dining room, and kitchen. Kitchen highlights include stainless steel appliances, granite countertops, an undermount sink, and a breakfast bar. The living room boasts a gas fireplace and looks out onto the balcony, offering views of the ocean and the bay. The fourth floor features the second owner's suite and a loft. Moreover, the en suite bathroom on this floor features a double sink and a soaking tub. This property is currently being utilized as a rental and has already been rented throughout Summer 2021. Schedule your tour of this beautiful property today! Check out the floor plans and Matterport tour https://my.matterport.com/show/?m=e7eHVUZTdsu

Last Agent to Sell the Property

Carrie Lingo

Jack Lingo - Lewes License #RS-0017885 Listed on: 03/06/2021

Jack Lingo - Lewes

Co-Listed By

Chelsea Bristow

Jack Lingo - Lewes License #RS0036554

Last Buyer's Agent

Henry Jaffe

Monument Sotheby's International Realty

Monument Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,724

Year Built

  • Built in 2010

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 60.00 x 100.00
  • Building is oceanfront but unit may not have water views
  • Private Beach
  • East Facing Home
  • Property is in excellent condition

HOA Fees

Property Views

  • Ocean
  • Bay

Home Design

  • Semi-Detached or Twin Home
  • Coastal Architecture
  • Contemporary Architecture

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Central Vacuum
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Outdoor Features

  • Outdoor Shower
  • Deck

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Tankless Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 19
  • Assessor Parcel Number 134-05.00-102.00

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, road maintenance, trash, snow removal
  • Building Winterized
  • Tower Shores Subdivision

Recreation

  • Beach

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,724

Year Built

Built in 2010

Lot Details

0

HOA Fees

$44 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Bench on ground floor. Small bedside table in 3rd floor master bedroom. Wall art hanging in stairwell. Leather chair & oak 4 drawer dresser in living room.
  • Inclusions: Furnishings included. See exclusions for furnishings for a few items that do not convey.
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3
  • Expected On Market: 2021-03-07
  • Federal Flood Zone: Yes
  • Year Built: 2010
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Welcome to your beach house in Tower Shores! Just steps to the beach, this east-facing duplex is fully furnished, turnkey, and ready for you. There is plenty of room for the entire family, with 4 bedrooms, 3.5 bathrooms, and a loft—you can sleep up to 12! This custom home features 3,200 square feet of living space, with each floor providing both front and back deck space which totals over 800 square feet. Details such as hardwood floors, Andersen windows, and many beautiful finishings make this house truly a home. The first floor features an entryway with closet/storage space as well as a separate closet built out and ready for a future elevator. The second floor features three bedrooms (complete with seven beds), two bathrooms, and a laundry room. As you reach the third floor, you will discover the inverted floor plan with an open and beautiful living room, dining room, and kitchen. Kitchen highlights include stainless steel appliances, granite countertops, an undermount sink, and a breakfast bar. The living room boasts a gas fireplace and looks out onto the balcony, offering views of the ocean and the bay. The fourth floor features the second owner's suite and a loft. Moreover, the en suite bathroom on this floor features a double sink and a soaking tub. This property is currently being utilized as a rental and has already been rented throughout Summer 2021. Schedule your tour of this beautiful property today! Check out the floor plans and Matterport tour https://my.matterport.com/show/?m=e7eHVUZTdsu
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven - Wall, Oven/Range - Electric, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Central Vacuum, Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Pantry, Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Floors In Unit Count: 4
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry, Loft, Bathroom 1, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 3200
  • Price Per Sq Ft: 496.72
  • Above Grade Finished Sq Ft: 3200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39587

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Outside Shower, Private Beach
  • View: Ocean, Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 525.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 100.00
  • Condo Co-Op Fee Frequency: Unknown
  • HOA Condo Co-Op Amenities: Beach
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Road Maintenance, Trash, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: RM
  • Lot Size Acres: 0.13
  • Lot Dimensions: 60.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: Yes

Tax Info

  • School Tax: 3283.00
  • Tax Annual Amount: 3724.00
  • Assessor Parcel Number: 134-05.00-102.00
  • Tax Lot: 19
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/23/2021

MLS Schools

  • School District Name: INDIAN RIVER

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold $1,600,000 +0.7% $500 / Sq Ft
06/08/2021 06/08/21 For Sale $1,589,500 -0.7% $497 / Sq Ft
06/08/2021 06/08/21 Off Market $1,600,000 -- --
05/26/2021 05/26/21 Pending -- -- --
03/29/2021 03/29/21 Price Changed $1,589,500 -5.9% $497 / Sq Ft
03/06/2021 03/06/21 For Sale $1,689,000 -- $528 / 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 $2,047 $99,000 $10,500 $88,500
2023 $2,045 $99,000 $10,500 $88,500
2022 $2,011 $99,000 $10,500 $88,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU178568

Bright MLS

APN: 134-5.00-102.00-2