NOT LISTED FOR SALE

39786 Loftland Ln Unit 41 Bethany Beach, DE 19930

Estimated Value: $429,868 - $597,000

2 Beds
1.5 Baths
1,100 Sq Ft
$476/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $380,000 $345 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,486/month

6 Days on Market

Highlights

  • View of Trees or Woods
  • Coastal Architecture
  • Community Pool
  • Lord Baltimore Elementary School Rated A-
  • Furnished
  • Fireplace

About This Home

As of September 2020

Lovely coastal townhome conveniently located only 1.5 blocks to the beach and close to the heart of downtown Bethany. This beach retreat features an open floorplan on the first floor offers a combined kitchen/dining area, living room with wood burning fireplace, and upstairs are 2 spacious bedrooms, full bathroom and a balcony. Offered fully furnished, this home is ready to be enjoyed or makes a great investment property with a proven rental history. Situated East of Route One in a community offering a swimming pool, this home is tucked away in a quiet setting yet just a short walk to the beach, boardwalk, great restaurants, and beach shops. Don't feel like going to the beach? Enjoy the Pool! Awesome location, close to great restaurants and shopping and a Great Rental INCOME 2020 (Summer $17,690, Winter $6800), if desired!

Last Agent to Sell the Property

Stephen Morgan

Keller Williams Realty License #RS-0020476 Listed on: 07/13/2020

Keller Williams Realty

Last Buyer's Agent

Jennifer Hughes

Keller Williams Realty

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $365

Lot Details

  • Property is in very good condition

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Fireplace
  • Living Room
  • Views of Woods

Flooring

  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Attached Carport Space
  • Parking Lot

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-17.08-114.00-41

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, pool(s), trash
  • Shore Management HOA, Phone Number (410) 524-5760
  • Sea Pines Village Subdivision

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$365

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Lovely coastal townhome conveniently located only 1.5 blocks to the beach and close to the heart of downtown Bethany. This beach retreat features an open floorplan on the first floor offers a combined kitchen/dining area, living room with wood burning fireplace, and upstairs are 2 spacious bedrooms, full bathroom and a balcony. Offered fully furnished, this home is ready to be enjoyed or makes a great investment property with a proven rental history. Situated East of Route One in a community offering a swimming pool, this home is tucked away in a quiet setting yet just a short walk to the beach, boardwalk, great restaurants, and beach shops. Don't feel like going to the beach? Enjoy the Pool! Awesome location, close to great restaurants and shopping and a Great Rental INCOME 2020 (Summer $17,690, Winter $6800), if desired!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Carpet, Vinyl, Tile/Brick
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Laundry
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 345.00
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39786

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, Below Grade
  • Construction Materials: Block, Stick Built, Vinyl Siding
  • Roof: Architectural Shingle
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Parking Features: Asphalt Driveway
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 4320.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pool(s), Trash
  • HOA Name: SHORE MANAGEMENT
  • HOA Phone: 410-524-5760
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: 3rd Party
  • High School Source: Listing Agent
  • Middle School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 9700.00
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5117228
  • School Tax: 322.00
  • Tax Annual Amount: 365.00
  • Assessor Parcel Number: 134-17.08-114.00-41
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/04/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 4, 2020
Sold by
Scott-Smyth Alexander H and Mccabe-Smyth Lori E
Bought by
Rhoads James and Rhoads Karen
Seller's Agent
Stephen Morgan
Keller Williams Realty
Buyer's Agent
Jennifer Hughes
Keller Williams Realty
List Price
$379,500
Sold Price
$380,000
Premium/Discount to List
$500
0.13%
Current Estimated Value
$563,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,543
Avg. Annual Appreciation
6.95%
Original Mortgage
$304,000
Outstanding Balance
$271,133
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$258,753

Purchase Details

Closed on
May 12, 1998
Bought by
Smyth Alexandria Hugh Scott and Smyth Lori
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
Rhoads James $380,000 None Available
Smyth Alexandria Hugh Scott $122,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhoads James $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $380,000 +0.1% $345 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $379,500 -- $345 / 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: DESU163854

Bright MLS

APN: 134-17.08-114.00-41