NOT LISTED FOR SALE

39634 Jefferson Bridge Rd Unit 204 Bethany Beach, DE 19930

Estimated Value: $261,000 - $436,000

-- Bed
1 Bath
400 Sq Ft
$208/mo HOA Fee

Last Sold March 22, 2024

Last sale price $260,000 $650 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,028/month

22 Days on Market

Highlights

  • Coastal Architecture
  • Central Air
  • Back Up Electric Heat Pump System
  • Lord Baltimore Elementary School Rated A-

About This Home

As of March 2024

Great condo, well located to shops, restaurants, and 2 blocks from beach. Recently renovated. Offered furnished. New HVAC, web based thermostat, new natural wood wide plank flooring, new bathroom, new water heater, new armoire closets, new king Murphy bed and enclosure, and other upgrades. Sleeps four people. Monthly HOA Fee of $208.33. No Special Assessments. Vaulted ceilings. Granite/stainless kitchen with full size refrigerator, new all in one washer/dryer, and two burner range. Artwork does not convey. Property not fee simple. Property is land lease which is paid by HOA (one time $10 fee). Original land lease 99 years. Seventy-nine years remaining; lease is renewable. Price reduction. Motivated Seller. Please submit all offers. 2024 Appraisal in hand from local appraiser for $310,000. Vacasa Rental Analysis $24,700.

Last Agent to Sell the Property

Christopher Carr

HomeZu Listed on: 02/06/2024

Last Buyer's Agent

Dustin Oldfather

Compass License #RS-0017091

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $605

Year Built

  • Built in 1974

Lot Details

  • Ground Rent expires in 79 years

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1 Full Bathroom
  • 400 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Parking

  • Assigned parking located at #204
  • Gravel Driveway
  • Parking Lot
  • Parking Space Conveys
  • 2 Assigned Parking Spaces

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-53.03-204

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Low-Rise Condominium

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$605

Year Built

Built in 1974

Lot Details

0

HOA Fees

$208 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
  • Exclusions: Artwork
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1974
  • Assigned Parking Space Numbers: 204
  • Automatically Close On Close Date: No
  • Remarks Public: Great condo, well located to shops, restaurants, and 2 blocks from beach. Recently renovated. Offered furnished. New HVAC, web based thermostat, new natural wood wide plank flooring, new bathroom, new water heater, new armoire closets, new king Murphy bed and enclosure, and other upgrades. Sleeps four people. Monthly HOA Fee of $208.33. No Special Assessments. Vaulted ceilings. Granite/stainless kitchen with full size refrigerator, new all in one washer/dryer, and two burner range. Artwork does not convey. Property not fee simple. Property is land lease which is paid by HOA (one time $10 fee). Original land lease 99 years. Seventy-nine years remaining; lease is renewable. Price reduction. Motivated Seller. Please submit all offers. 2024 Appraisal in hand from local appraiser for $310,000. Vacasa Rental Analysis $24,700.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 400
  • Living Area Sq Ft: 400
  • Price Per Sq Ft: 722.50
  • 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
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Gravel Driveway, Parking Space Conveys
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Parking Lot
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 208.33
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: RESID
  • In City Limits: No

Rental Info

  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 79
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 540.00
  • Tax Annual Amount: 605.00
  • Assessor Parcel Number: 134-17.00-53.03-204
  • Tax Total Finished Sq Ft: 400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/22/2024

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
Feb 6, 2024
Closed on
Mar 22, 2024
Sold by
Viti Pietro Antonio and Viti Jodie A
Bought by
Lonergan Michael Thomas
Seller's Agent
Christopher Carr
HomeZu
Buyer's Agent
Dustin Oldfather
Compass
List Price
$289,000
Sold Price
$260,000
Premium/Discount to List
-$29,000
-10.03%
Total Days on Market
22
Views
238
Current Estimated Value
$315,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,214
Avg. Annual Appreciation
17.41%
Source: Public Records

Range of Values:

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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
Lonergan Michael Thomas $260,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Viti Jodie A $196,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $260,000 -10.0% $650 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $289,000 +32.3% $723 / Sq Ft
06/21/2021 06/21/21 Sold $218,500 0.0% $546 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $218,500 -- $546 / 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: DESU2055570

Bright MLS

APN: 1341700005303204