NOT LISTED FOR SALE

39786 Loftland Ln Unit 42 Bethany Beach, DE 19930

Estimated Value: $551,000 - $757,000

2 Beds
1.5 Baths
1,100 Sq Ft
$556/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $370,000 $336 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,598/month

264 Days on Market

Highlights

  • Water Oriented
  • Open Floorplan
  • Wood Flooring
  • Lord Baltimore Elementary School Rated A-
  • Deck
  • Furnished

About This Home

As of December 2020

Rarely available, this 2 Bedroom unit is only 1 Block to the Beach! Step down into the Living room, complete with a fireplace! Don't feel like going to the beach? Enjoy the Pool! Awesome location, close to great restaurants and shopping and a Great Rental, as well!

Last Agent to Sell the Property

Ryan Haley

(443) 880-8078 ryan@ryanhaley.com Atlantic Shores Sotheby's International Realty License #580256 Listed on: 10/31/2019

Atlantic Shores Sotheby's International Realty

Last Buyer's Agent

Barbara Carlson

(302) 542-9779 barcarlson070@gmail.com Keller Williams Realty License #RS-0016071

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $365

Year Built

  • Built in 1987

Lot Details

  • South Facing Home
  • Landscaped
  • Sprinkler System

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Family Room
  • Combination Kitchen and Dining Room

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Electric Front Loading Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Private Parking
  • Shared Driveway
  • Paved Parking
  • Assigned Parking

Accessible Home Design

  • Halls are 36 inches wide or more
  • Lowered Light Switches
  • More Than Two Accessible Exits

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Sussex Central High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • 220 Volts
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.08-114.00-42

Community Details

Overview

  • Association fees include lawn maintenance, pool(s), trash
  • Sea Pines Village Subdivision

Recreation

  • Community Pool

Security

  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$365

Year Built

Built in 1987

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits, 36"+ Wide Halls, Accessible Switches/Outlets
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 2
  • Expected On Market: 2019-10-31
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Disposal, Dryer - Electric, Dryer - Front Loading, Energy Star Dishwasher, Energy Star Refrigerator, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Galley, Skylight(s), Window Treatments, Wood Floors
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Energy Star Qualified Door(s), Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 361.36
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Vinyl Siding
  • Exterior Features: Bbq Grill, Exterior Lighting, Lawn Sprinkler
  • Road Surface Type: Paved
  • Roof: Shingle
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Parking Features: Paved Parking, Private, Shared Driveway
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • 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, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Pool(s), Trash
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: LORD BALTIMORE
  • High School: SUSSEX CENTRAL
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 9700.00
  • Lot Features: Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 12000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5117229
  • School Tax: 322.00
  • Tax Annual Amount: 365.00
  • Assessor Parcel Number: 134-17.08-114.00-42
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Dec 3, 2020
Sold by
Fw & Sv Thoroughg Fmly Lp
Bought by
Erikson Laura J and Erikson Phyllis A
Seller's Agent
Ryan Haley
Atlantic Shores Sotheby's International Realty
Buyer's Agent
Barbara Carlson
Keller Williams Realty
List Price
$397,500
Sold Price
$370,000
Premium/Discount to List
-$27,500
-6.92%
Current Estimated Value
$611,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,255
Avg. Annual Appreciation
10.26%
Original Mortgage
$277,500
Outstanding Balance
$247,058
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$364,197

Purchase Details

Closed on
Sep 15, 2003
Bought by
F W & S V Thoroughood Family Limited Par
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Erikson Laura J $370,000 None Available
F W & S V Thoroughood Family Limited Par $349,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erikson Laura J $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2020 12/03/20 Sold $370,000 -6.9% $336 / Sq Ft
08/12/2020 08/12/20 For Sale $397,500 0.0% $361 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
10/31/2019 10/31/19 For Sale $397,500 -- $361 / 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
2025 $877 $9,700 $0 $9,700
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: DESU150698

Bright MLS

APN: 134-17.08-114.00-42