NOT LISTED FOR SALE

39591 Cove Rd Unit 19 Bethany Beach, DE 19930

Estimated Value: $972,139 - $1,140,000

4 Beds
3 Baths
1,550 Sq Ft
$67/mo HOA Fee

Last Sold August 21, 2017

Last sale price $600,000 $387 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,804/month

19 Days on Market

Highlights

  • Ocean View
  • Beach
  • Deck
  • Lord Baltimore Elementary School Rated A-
  • Coastal Architecture
  • Vaulted Ceiling

About This Home

As of August 2017

Beautiful end unit townhome just one home off the oceanfront with ocean views and steps to the wide private beach. This coastal style beach home is full of character and charm with freshly painted pine walls, exposed wood beams and soaring ceilings. Steps to tennis courts, gazebo and playground making it the perfect beach getaway or investment property with many families returning to rent year after year. Situated just South of the Indian River Inlet and State Park Beach and 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: 06/24/2017

Long & Foster Real Estate, Inc.

Co-Listed By

WAYNE LYONS

Long & Foster Real Estate, Inc. License #RS-0013341

Last Buyer's Agent

JANE BAXTER

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $682

Year Built

  • Built in 1966

Lot Details

  • Landscaped

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,550 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Ocean Views
  • Washer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Parking

  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-05.00-59.00

Community Details

Overview

  • Low-Rise Condominium
  • Watergate Community
  • Tower Shores Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$682

Year Built

Built in 1966

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1966
  • Remarks Public: Beautiful end unit townhome just one home off the oceanfront with ocean views and steps to the wide private beach. This coastal style beach home is full of character and charm with freshly painted pine walls, exposed wood beams and soaring ceilings. Steps to tennis courts, gazebo and playground making it the perfect beach getaway or investment property with many families returning to rent year after year. Situated just South of the Indian River Inlet and State Park Beach and several great new restaurants, surf fishing, marina, and boating!
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood, Tile/Brick, Vinyl
  • Interior Amenities: Breakfast Area, Entry Level Bedroom, Ceiling Fan(s), Exposed Beams, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Slab
  • Level Count: 3
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1550
  • Living Area Sq Ft: 1550
  • Net Sq Ft: 1550.00
  • Price Per Sq Ft: 399.35
  • Above Grade Finished Sq Ft: 1550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39591

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

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

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • 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: 800.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Amenities: Beach, Tot Lots/Playground, Tennis Courts
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.05
  • Lot Size Area: 2257
  • Lot Dimensions: 22x101
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2257.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning Description: MEDIUM RESIDENTIAL

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5123315
  • Assessor Parcel Number: 134-05.00-59.00
  • County Tax Payment Frequency: Annually
  • Close Date: 08/21/2017

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2017
Closed on
Aug 15, 2017
Sold by
Marian D Leibfried Living Trust Dated Ju
Bought by
Sonnenberg Elizabeth M and Sonnenberg Martin J
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
JANE BAXTER
Keller Williams Realty
List Price
$619,000
Sold Price
$600,000
Premium/Discount to List
-$19,000
-3.07%
Total Days on Market
19
Current Estimated Value
$1,070,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,285
Avg. Annual Appreciation
7.71%
Original Mortgage
$424,100
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1998
Bought by
Leibfried Marian D and Leib Raymond T
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
Sonnenberg Elizabeth M $600,000 None Available
Leibfried Marian D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sonnenberg Elizabeth M $399,000
Closed Sonnenberg Elizabeth M $424,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Sold $600,000 -3.1% $387 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $619,000 -- $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
2024 $682 $16,500 $4,200 $12,300
2023 $682 $16,500 $4,200 $12,300
2022 $671 $16,500 $4,200 $12,300
2021 $650 $16,500 $4,200 $12,300
2020 $621 $16,500 $4,200 $12,300
2019 $618 $16,500 $4,200 $12,300
2018 $624 $16,500 $0 $0
2017 $629 $16,500 $0 $0
2016 $554 $16,500 $0 $0
2015 $571 $16,500 $0 $0
2014 $563 $16,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001030830

Bright MLS

APN: 134-05.00-59.00