$1,000,050
SOLD FEB 7, 2025

39591 Cove Rd Unit 26 Bethany Beach, DE 19930

4 Beds
3 Baths
1,550 Sq Ft
$79/mo HOA Fee

Recently Sold

$645 Per Sq Ft

1% Above List Price

13 Days on Market

Highlights

  • Ocean View
  • Home fronts navigable water
  • Private Water Access
  • Lord Baltimore Elementary School Rated A-
  • Private Beach
  • Oceanside

About This Home

As of February 2025

Discover your Dream Townhome at Tower Shores!
Are you ready to embrace coastal living? This spacious townhome, nestled within walking distance of the pristine private beach of Tower Shores in North Bethany, is the perfect getaway for those seeking sun, sand and serenity.
This townhome had many upgrades over the years, ensuring that you enjoy modern conveniences while soaking in the charm of coastal Delaware.
Many outdoor decks for you to host friends and relax after a day at Tower Shore's private beach.
The HOA of Watergate includes a playground and tennis courts for your enjoyment.

Last Agent to Sell the Property

Mary Rice

Engel & Völkers Ocean City License #668004 Listed on: 11/20/2024

Engel & Völkers Ocean City

Last Buyer's Agent

Robert Taylor

Keller Williams Realty License #RS-0024450

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $606

Year Built

  • Built in 1965 | Remodeled in 2020

Lot Details

  • 1,307 Sq Ft Lot
  • Home fronts navigable water
  • Private Beach
  • South Facing Home
  • Property is in excellent condition

HOA Fees

  • $79 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Block Foundation
  • Frame Construction
  • Pitched Roof

Interior Spaces

  • 1,550 Sq Ft Home
  • Property has 4 Levels
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Gravel Driveway

Outdoor Features

  • Private Water Access
  • Oceanside
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-05.00-66.00

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, recreation facility, road maintenance, snow removal, trash
  • Tower Shore Association And Watergate Association
  • Watergate Community
  • Tower Shores Subdivision

Recreation

  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$606

Year Built

Built in 1965 | Remodeled in 2020

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: tenants private items
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2024-11-23
  • Federal Flood Zone: Yes
  • Year Built: 1965
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Discover your Dream Townhome at Tower Shores! Are you ready to embrace coastal living? This spacious townhome, nestled within walking distance of the pristine private beach of Tower Shores in North Bethany, is the perfect getaway for those seeking sun, sand and serenity. This townhome had many upgrades over the years, ensuring that you enjoy modern conveniences while soaking in the charm of coastal Delaware. Many outdoor decks for you to host friends and relax after a day at Tower Shore's private beach. The HOA of Watergate includes a playground and tennis courts for your enjoyment.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Tile/Brick, Wood
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Kitchen - Island, Window Treatments, Upgraded Countertops
  • Window Features: Insulated
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 4
  • Room List: Bedroom 4, Bedroom 1
  • Basement: No
  • Laundry Type: Lower Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1550
  • Living Area Sq Ft: 1550
  • Price Per Sq Ft: 641.94
  • Above Grade Finished Sq Ft: 1550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39591

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
  • Exterior Features: Private Beach, Secure Storage, Tennis Court(s)
  • Roof: Pitched
  • View: Ocean
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • 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
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 950.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Recreation Facility, Road Maintenance, Snow Removal, Trash
  • HOA Name: TOWER SHORE ASSOCIATION AND WATERGATE ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: MR
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 541.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 606.00
  • Assessor Parcel Number: 134-05.00-66.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 02/07/2025

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Feb 7, 2025
Sold by
Rather David C and Rather Kelly A
Bought by
Kelly James Patrick and Kelly Lisa Karen
Seller's Agent
Mary Rice
Engel & Völkers Ocean City
Buyer's Agent
Robert Taylor
Keller Williams Realty
List Price
$995,000
Sold Price
$1,000,050
Premium/Discount to List
$5,050
0.51%
Total Days on Market
13
Views
32
Current Estimated Value
$1,025,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,001
Avg. Annual Appreciation
8.29%

Purchase Details

Listed on
Aug 23, 2016
Closed on
Dec 29, 2016
Sold by
Goodridge Donald A and Del Mastro Barbara S
Bought by
Collins Mary Bernadette
Seller's Agent
NANCY GOODRIDGE
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$625,000
Sold Price
$560,000
Premium/Discount to List
-$65,000
-10.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$420,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2011
Bought by
Goodridge Donald A and Goodri Nancy S
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,050,000 None Listed On Document
Deed $1,050,000 None Listed On Document
Deed $1,050,000 None Listed On Document
Deed $1,050,000 None Listed On Document
Deed $560,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $314,300 Stand Alone Refi Refinance Of Original Loan
Previous Owner $420,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $1,000,050 +0.5% $645 / Sq Ft
11/20/2024 11/20/24 For Sale $995,000 +13.7% $642 / Sq Ft
07/07/2023 07/07/23 Sold $875,000 -2.2% $565 / Sq Ft
05/03/2023 05/03/23 For Sale $895,000 +59.8% $577 / Sq Ft
12/29/2016 12/29/16 Sold $560,000 -10.4% $361 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $625,000 -- $403 / 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 $606 $14,650 $2,800 $11,850
2023 $605 $14,650 $2,800 $11,850
2022 $595 $14,650 $2,800 $11,850
2021 $577 $14,650 $2,800 $11,850
2020 $551 $14,650 $2,800 $11,850
2019 $549 $14,650 $2,800 $11,850
2018 $554 $14,650 $0 $0
2017 $559 $14,650 $0 $0
2016 $315 $14,650 $0 $0
2015 $310 $14,650 $0 $0
2014 $302 $14,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2074554

Bright MLS

APN: 134-05.00-66.00