NOT LISTED FOR SALE

39785 Loftland Ln Unit 34 Bethany Beach, DE 19930

Estimated Value: $345,860 - $619,000

2 Beds
1.5 Baths
1,100 Sq Ft
$451/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $350,000 $318 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,341/month

16 Days on Market

Highlights

  • Open Floorplan
  • Coastal Architecture
  • Furnished
  • Lord Baltimore Elementary School Rated A-
  • Attic
  • Community Pool with Domestic Water

About This Home

As of May 2019

Oceanside!! Instant rental cash $16,000 +/- ! An excellent rental for the next buyer of this fabulous 2-story townhouse that has been beautifully maintained. This wonderful tastefully furnished getaway is located on Pennsylvania Avenue, just steps to the beautiful beaches during the day while you relax by the pool in the early evening. Floorplan offers a kitchen/dining area, a stepdown living room with fireplace, upstairs are 2 spacious bedrooms and a balcony to accommodate guests and renters. Situated in a beautiful landscaped community conveniently located to awesome restaurants, beach attractions and so much more. Seller has a very successful rental program through VRBO and will share with the next owner.

Last Agent to Sell the Property

VICKIE YORK

VICKIE YORK AT THE BEACH REALTY Listed on: 03/14/2019

Last Buyer's Agent

Suzanne Macnab

RE/MAX Coastal License #RS-0012856

RE/MAX Coastal

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $446

Year Built

  • Built in 1987

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Skylights
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Insulated Windows
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Attic

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • Driveway
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • North Facing Home
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.08-114.00-34

Community Details

Overview

  • Association fees include common area maintenance, insurance, exterior building maintenance, pool(s), reserve funds
  • Sea Pines Village Subdivision

Recreation

  • Community Pool with Domestic Water

Additional Features

  • Common Area
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$446

Year Built

Built in 1987

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal, Traditional
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: items in locked owner's closet
  • Home Warranty: No
  • Inclusions: furnishings are included
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Remarks Public: Oceanside!! Instant rental cash $16,000 +/- ! An excellent rental for the next buyer of this fabulous 2-story townhouse that has been beautifully maintained. This wonderful tastefully furnished getaway is located on Pennsylvania Avenue, just steps to the beautiful beaches during the day while you relax by the pool in the early evening. Floorplan offers a kitchen/dining area, a stepdown living room with fireplace, upstairs are 2 spacious bedrooms and a balcony to accommodate guests and renters. Situated in a beautiful landscaped community conveniently located to awesome restaurants, beach attractions and so much more. Seller has a very successful rental program through VRBO and will share with the next owner.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Dryer
  • Flooring Type: Ceramic Tile, Laminated
  • Interior Amenities: Attic, Skylight(s), Window Treatments, Floor Plan - Open, Combination Kitchen/Dining
  • Window Features: Insulated
  • Fireplace Features: Equipment, Screen, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 327.18
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39785

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Exterior Lighting
  • Road Surface Type: Black Top, Paved
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4320.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Ext Bldg Maint, Pool(s), Reserve Funds
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Domestic Water

Schools

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

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s), Balcony
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Total Actual Rent: 16000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5117220
  • Tax Annual Amount: 446.00
  • Assessor Parcel Number: 134-17.08-114.00-34
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/03/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
Apr 26, 2019
Sold by
Basil Paul C and Basil June A
Bought by
Capobianco Jerome R and Capobianco Christine E
Seller's Agent
VICKIE YORK
VICKIE YORK AT THE BEACH REALTY
Buyer's Agent
Suzanne Macnab
RE/MAX Coastal
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%
Current Estimated Value
$536,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,867
Avg. Annual Appreciation
4.92%
Original Mortgage
$280,000
Outstanding Balance
$246,720
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$226,640

Purchase Details

Closed on
Jun 7, 1997
Bought by
Basil Paul C June A
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
Capobianco Jerome R $350,000 --
Basil Paul C June A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capobianco Jerome R $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $350,000 -2.8% $318 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $359,900 -- $327 / 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 $488 $9,700 $0 $9,700
2023 $487 $9,700 $0 $9,700
2022 $480 $9,700 $0 $9,700
2021 $465 $9,700 $0 $9,700
2020 $444 $9,700 $0 $9,700
2019 $442 $9,700 $0 $9,700
2018 $446 $11,800 $0 $0
2017 $450 $11,800 $0 $0
2016 $396 $11,800 $0 $0
2015 $409 $11,800 $0 $0
2014 $402 $11,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU133904

Bright MLS

APN: 134-17.08-114.00-34