NOT LISTED FOR SALE

39634 Jefferson Bridge Rd Unit 104 Bethany Beach, DE 19930

Estimated Value: $270,000 - $303,000

-- Bed
1 Bath
400 Sq Ft
$172/mo HOA Fee

Last Sold June 23, 2022

Last sale price $249,900 $625 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,761/month

35 Days on Market

Highlights

  • Efficiency Studio
  • Laundry Facilities
  • Wall Furnace
  • Lord Baltimore Elementary School Rated A-

About This Home

As of June 2022

Check out this motel/flat style condo unit situated on leased ground within 1 block walking distance of Bethany Beach! Great summer/vacation home with low association fees and within 20 minutes of Rehoboth Beach and Ocean City! It is ready for your summer fun! Seller will make no repairs, therefore, any buyer inspections are for informational purposes only. Any and all repairs must be completed after settlement. All cash offers must be accompanied by proof of funds to purchase. Financed offers must be accompanied by proof of downpayment funds. No Exceptions. The seller has received multiple offers. Seller Requesting Highest and Best offers. Offer Deadline: Tuesday, May 10, 2022 at 10:00 am. Escalation Clause's are NOT accepted by the seller. Necessary form in documents section.

Last Agent to Sell the Property

Tim Riale

RIALE REALTY License #RB-0002954 Listed on: 04/08/2022

Last Buyer's Agent

Katelyn Townsend

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $577

Year Built

  • Built in 2001

Lot Details

  • Ground Rent
  • Property is in good condition

HOA Fees

  • $172 Monthly HOA Fees

Home Design

  • Frame Construction
  • Aluminum Siding
  • Piling Construction

Interior Spaces

  • 1 Full Bathroom
  • 400 Sq Ft Home
  • Property has 1 Level
  • Efficiency Studio

Kitchen

  • Kitchenette
  • Cooktop

Parking

  • 1 Off-Street Space
  • Gravel Driveway
  • 1 Assigned Parking Space

Location

  • Flood Risk

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Private Water Source
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-53.03-104

Community Details

Overview

  • Association fees include common area maintenance, trash, water
  • Building Winterized
  • Low-Rise Condominium
  • Bethany Beach Inn Community
  • Bethany Beach Inn Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$577

Year Built

Built in 2001

Lot Details

0

HOA Fees

$172 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Building Winterized: Yes
  • Remarks Public: Check out this motel/flat style condo unit situated on leased ground within 1 block walking distance of Bethany Beach! Great summer/vacation home with low association fees and within 20 minutes of Rehoboth Beach and Ocean City! It is ready for your summer fun! Seller will make no repairs, therefore, any buyer inspections are for informational purposes only. Any and all repairs must be completed after settlement. All cash offers must be accompanied by proof of funds to purchase. Financed offers must be accompanied by proof of downpayment funds. No Exceptions. The seller has received multiple offers. Seller Requesting Highest and Best offers. Offer Deadline: Tuesday, May 10, 2022 at 10:00 am. Escalation Clause's are NOT accepted by the seller. Necessary form in documents section.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Surface Unit
  • Entry Floor: 2
  • Interior Amenities: Efficiency, Flat, Kitchenette
  • Fireplace: No
  • Foundation Details: Pilings
  • Floors In Unit Count: 2
  • Levels Count: 1
  • Room Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 400
  • Living Area Sq Ft: 400
  • Price Per Sq Ft: 624.75
  • Above Grade Finished Sq Ft: 400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39634

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Crushed Stone, Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1029.00
  • Condo Co-Op Fee Frequency: Semi-Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Trash, Water
  • HOA: No
  • Senior Community: 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: 8400.00
  • Land Assessed Value: 6250.00
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Ground Rent Exists: Yes
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12482460
  • School Tax: 512.00
  • Tax Annual Amount: 577.00
  • Assessor Parcel Number: 134-17.00-53.03-104
  • Tax Total Finished Sq Ft: 400
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/23/2022

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jun 23, 2022
Sold by
Lsf9 Master Participation Turst
Bought by
Wainwright Christopher J and Graham Sarah E
Seller's Agent
Tim Riale
RIALE REALTY
Buyer's Agent
Katelyn Townsend
Keller Williams Realty
List Price
$249,900
Sold Price
$249,900
Total Days on Market
35
Current Estimated Value
$289,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,002
Avg. Annual Appreciation
6.66%
Original Mortgage
$199,920
Outstanding Balance
$189,690
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$112,532

Purchase Details

Closed on
Oct 8, 2018
Sold by
Lee Robert
Bought by
Us Bank Na
Source: Public Records

Range of Values:

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Average Value
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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
Wainwright Christopher J $249,900 Parsons & Robinson Pa
Us Bank Na $165,745 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wainwright Christopher J $199,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $249,900 0.0% $625 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $249,900 -- $625 / 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 $8,400 $0 $8,400
2023 $605 $8,400 $0 $8,400
2022 $595 $8,400 $0 $8,400
2021 $577 $8,400 $0 $8,400
2020 $551 $8,400 $0 $8,400
2019 $549 $8,400 $0 $8,400
2018 $554 $14,650 $0 $0
2017 $559 $14,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2019570

Bright MLS

APN: 1341700005303104