$875,000
SOLD JUL 7, 2023

39591 Cove Rd Unit 26 Bethany Beach, DE 19930

4 Beds
3 Baths
1,550 Sq Ft
$76/mo HOA Fee

Recently Sold

$565 Per Sq Ft

2% Below List Price

30 Days on Market

Highlights

  • Ocean View
  • Building is oceanfront but unit may not have water views
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of February 2025

Beautiful Oceanblock townhome just steps to a wide pristine beach in North Bethany. This 4 bedroom home has been beautifully updated while preserving timeless beach character and charm including wood planked walls painted a crisp white and soaring wood ceilings with exposed beams. Enter the home into an inviting foyer and continue to a completely remodeled additional family room that effortlessly doubles as a guest bedroom with a full bathroom and a covered patio. The next level offers an updated kitchen that opens to a spacious living room with soaring ceilings and glass sliding doors leading to another covered porch. The primary bedroom is also on this floor with an updated bathroom and private balcony. Upstairs there are 2 more spacious bedrooms, a beautifully updated bathroom and a partially covered deck with views of the Ocean. Situated just steps to the beach in the community of Tower Shores, the Atlantic Watergate residents are also offered access to the tennis courts and park. This home is also conveniently located just South of the Indian River Inlet which offers great restaurants, surf fishing, marina, and boating!

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 05/03/2023

Long & Foster Real Estate, Inc.

Co-Listed By

WAYNE LYONS

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

Last Buyer's Agent

Mary Rice

Engel & Völkers Ocean City License #668004

Engel & Völkers Ocean City

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $595

Year Built

  • Built in 1965

Lot Details

  • 1,307 Sq Ft Lot
  • Building is oceanfront but unit may not have water views

HOA Fees

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Wood Walls
  • Frame Construction
  • Stick Built Home

Interior Spaces

  • 1,550 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • Wood Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-05.00-66.00

Community Details

Overview

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

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$595

Year Built

Built in 1965

Lot Details

0

HOA Fees

$76 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
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1965
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Ceramic Tile, Wood
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Exposed Beams, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Upgraded Countertops
  • Wall Ceiling Types: 9'+ Ceilings, Beamed Ceilings, Wood Ceilings, Wood Walls
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1550
  • Living Area Sq Ft: 1550
  • Price Per Sq Ft: 577.42
  • 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, Stick Built
  • Exterior Features: Outside Shower
  • View: Ocean
  • 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
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 525.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 385.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Road Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • 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
  • Outdoor Living Structures: Balcony, Porch(es)
  • Zoning: RS
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 530.00
  • Tax Annual Amount: 595.00
  • Assessor Parcel Number: 134-05.00-66.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/07/2023

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
30
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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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 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: DESU2040554

Bright MLS

APN: 134-05.00-66.00