NOT LISTED FOR SALE

Estimated Value: $1,138,391

4 Beds
3 Baths
1,550 Sq Ft
$734/Sq Ft Est. Value

Sale Details

Date Sold: February 7, 2025

Last sale price $1,000,050 $645 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,521 / mo

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

(443) 292-6767 mary.rice@evrealestate.com Engel & Völkers Ocean City License #RS-0036409 Listed on: 11/20/2024

Engel & Völkers Ocean City

Last Buyer's Agent

Robert Taylor

(302) 360-0300 steve@srarealty.com Keller Williams Realty License #RS-0024450

Keller Williams Realty
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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

1,307 Sq Ft Lot

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
  • 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

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 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
  • 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 Source: Listing Agent

Lot Info

  • 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
  • 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

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Feb 7, 2025
Sold by
Bought by
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%
Views
32
Current Estimated Value
$1,138,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,341
Avg. Annual Appreciation
9.15%

Purchase Details

Listed on
May 3, 2023
Closed on
Jul 3, 2023
Sold by
Bought by
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Mary Rice
Engel & Völkers Ocean City
List Price
$895,000
Sold Price
$875,000
Premium/Discount to List
-$20,000
-2.23%
Views
123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$656,250
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2016
Closed on
Dec 29, 2016
Sold by
Bought by
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
7.08%
Original Mortgage
$420,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2011
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,050,000 None Listed On Document
$1,050,000 None Listed On Document
$875,000 None Listed On Document
$560,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $656,250
Previous Owner $314,300
Previous Owner $420,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,074 $14,650 $2,800 $11,850
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

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