NOT LISTED FOR SALE

39589 Dune Rd Unit 60 Bethany Beach, DE 19930

Estimated Value: $829,586 - $1,416,000

4 Beds
3 Baths
1,500 Sq Ft
$697/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $560,000 $373 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,793/month

Highlights

  • Ocean View
  • Water Oriented
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Oceanside
  • Furnished

About This Home

As of May 2020

Back on the market at no fault of the seller, Spectacular Ocean Views from multiple Balconies in this 4 bedroom, 3 full bathroom Beach Oasis. This home features two Master Suites and really utilizes the outdoor serenity with 3 scenic balconies and an outdoor patio overlooking the shore. This home backs to 120 acres of Delaware State Park making this a very private unit that offers the ultimate tranquility. Located just steps from the sand, this beach home is quite a value in terms of proximity to the beach and price. Tower Shores offers tennis courts, a playground, and is a short walk to a private beach, one of the areas premier restaurants and a very fun beach bar next to the Indian River Inlet Bridge. This community has a great rental history giving options and flexibility to those who want to share this amazing home and the taxes and HOA fees are minimal adding to this value. Are you ready for the next chapter?

Last Agent to Sell the Property

ADAM KSEBE

(302) 864-8643 adam.ksebe@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 02/18/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Trevor Clark

(302) 290-3869 trevor.clark@1stchoicetoday.com 1ST CHOICE PROPERTIES LLC License #RB-0031435

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $552

Year Built

  • Built in 1966

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 16.00 x 106.00

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ocean Views
  • Non-Monitored Security
  • Laundry in unit

Bedrooms and Bathrooms

Outdoor Features

  • Water Oriented
  • Oceanside

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 79
  • Assessor Parcel Number 134-05.00-32.00

Community Details

Overview

  • Association fees include common area maintenance
  • Watergate Community
  • Tower Shores Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$552

Year Built

Built in 1966

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Sold Furnished
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1966
  • Remarks Public: Back on the market at no fault of the seller, Spectacular Ocean Views from multiple Balconies in this 4 bedroom, 3 full bathroom Beach Oasis. This home features two Master Suites and really utilizes the outdoor serenity with 3 scenic balconies and an outdoor patio overlooking the shore. This home backs to 120 acres of Delaware State Park making this a very private unit that offers the ultimate tranquility. Located just steps from the sand, this beach home is quite a value in terms of proximity to the beach and price. Tower Shores offers tennis courts, a playground, and is a short walk to a private beach, one of the areas premier restaurants and a very fun beach bar next to the Indian River Inlet Bridge. This community has a great rental history giving options and flexibility to those who want to share this amazing home and the taxes and HOA fees are minimal adding to this value. Are you ready for the next chapter?
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Pilings
  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 399.33
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39589

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Roof: Architectural Shingle
  • Spa: No
  • View: Ocean
  • Water Access: No
  • Water Body Name: Atlantic
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit, Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Non-Monitored
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 575.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts, Tot Lots/Playground, Picnic Area
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • 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

  • Horses: No
  • Improvement Assessed Value: 11900.00
  • Land Assessed Value: 2850.00
  • Land Use Code: RS
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 106.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Year Assessed: 2019
  • Zoning: MR 1154
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5123081
  • School Tax: 487.00
  • Tax Annual Amount: 552.00
  • Assessor Parcel Number: 134-05.00-32.00
  • Tax Lot: 79
  • Tax Total Finished Sq Ft: 512
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 05/22/2020

Multi Family

  • Federal Flood Zone: AO

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
May 22, 2020
Sold by
Berendes Forman
Bought by
Ocean Tide Properties Llc
Seller's Agent
ADAM KSEBE
Long & Foster Real Estate, Inc.
Buyer's Agent
Trevor Clark
1ST CHOICE PROPERTIES LLC
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%
Current Estimated Value
$1,046,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,147
Avg. Annual Appreciation
12.37%

Purchase Details

Closed on
Jan 6, 1987
Bought by
Berendes Michele R Forman
Source: Public Records

Range of Values:

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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
Ocean Tide Properties Llc $560,000 None Available
Berendes Michele R Forman $3,600 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $560,000 -6.5% $373 / Sq Ft
04/19/2020 04/19/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $599,000 0.0% $399 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $599,000 -- $399 / 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 $2,119 $14,750 $2,850 $11,900
2024 $610 $14,750 $2,850 $11,900
2023 $609 $14,750 $2,850 $11,900
2022 $599 $14,750 $2,850 $11,900
2021 $581 $14,750 $2,850 $11,900
2020 $555 $14,750 $2,850 $11,900
2019 $552 $14,750 $2,850 $11,900
2018 $558 $14,750 $0 $0
2017 $562 $14,750 $0 $0
2016 $496 $14,750 $0 $0
2015 $511 $14,750 $0 $0
2014 $503 $14,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU156214

Bright MLS

APN: 134-05.00-32.00