NOT LISTED FOR SALE

40101 E Oceanside Dr Unit 25 Fenwick Island, DE 19944

Estimated Value: $1,256,000 - $1,976,000

4 Beds
4 Baths
2,100 Sq Ft
$770/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $1,255,000 $598 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,092/month

52 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Pier or Dock
  • Lord Baltimore Elementary School Rated A-
  • Beach
  • Access to Tidal Water

About This Home

As of October 2020

25 Kings Grant: A Dream Come TrueImagine sitting on your deck looking at the ocean as you listen to the peaceful cadence of the waves. Imagine your family and friends, exhausted from joys of sun and ocean play, gathering at sunset to enjoy the grilled fish that was freshly caught that day. Imagine your joy in seeing your children dance at waters edge temping the waves to catch them as you sit on your beach chair with the glow of the sun and the refreshing sea breeze. Now imagine 25 Kings Grant a four-bedroom, four bath, fully renovated townhome within an upscaled community. Known for its privacy and location Kings Grant is the only beach community situated between two expansive bodies of water, the blue waves of the Atlantic Ocean and the calming currents of Assawoman bay. The community offers a walkway and dune crossing to the beach, a bayfront pool for a swim in the crisp pool water, a bayfront pier to canoe or kayak and a new feature: canoe and kayak storage on the bay. As you enter 25 Kings Grant, your eyes immediately go to the wide view of the ocean. You can walk straight past the new first floor bedroom (with hall bath) past the fully remodeled gourmet kitchen into the living area featuring Italian tile and a faux coral fireplace and through the glass doors to the deck overseeing the blue ocean water. OR, instead, go up the new stairs and hallway of luxury plank flooring taking you into the master suite which features a fireplace, huge oceanfront window and an absolutely beautiful custom master bath. Start your day with a cup of coffee and the newspaper on your private balcony overlooking the ocean On the second floor, in addition to the master bedroom, there is a guest bedroom also unsuited with a view of the Bay. On the third floor there is a large bedroom and full bath with views to the ocean and if, one desires, enough square footage to add a fifth bedroom. Kings Grant has it all absolutely stunning sunrises to warm sunsets and a lot in between, walk to the beach, relax by the pool or enjoy the eco-friendly bay for kayaking and canoeing. Make this your dream home and new address 25 Kings Grant. Easily shown by appointment.

Last Agent to Sell the Property

Lauren Alberti

Northrop Realty Listed on: 07/11/2020

Northrop Realty

Last Buyer's Agent

Kimberly Lucido-McCabe

Keller Williams Realty Delmarva

Keller Williams Realty Delmarva

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,657

Year Built

  • Built in 1996 | Remodeled in 2008

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • West Facing Home
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $980 Monthly HOA Fees

Property Views

  • Ocean
  • Bay

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Piling Construction
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • 2 Fireplaces
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage Room

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • <<selfCleaningOvenToken>>
  • <<builtInRangeToken>>
  • <<builtInMicrowave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • <<tubWithShowerToken>>

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Assigned parking located at #25 and 25
  • Parking Lot
  • 2 Assigned Parking Spaces

Accessible Home Design

  • Grab Bars
  • Accessible Kitchen
  • Mobility Improvements
  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near an ocean
  • Personal Watercraft
  • Waterski or Wakeboard
  • Lake Privileges
  • Exterior Lighting
  • Outdoor Storage

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Private Water Source
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-22.00-5.00-25

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pier/dock maintenance, pool(s), reserve funds, road maintenance, trash, water
  • $328 Other Monthly Fees
  • Kings Grant Condo Association Condos
  • Kings Grant Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Pier or Dock
  • Beach
  • Community Pool
  • Fishing Allowed

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,657

Year Built

Built in 1996 | Remodeled in 2008

Lot Details

0

HOA Fees

$980 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits, Grab Bars Mod, Kitchen Mod, Level Entry - Main, Mobility Improvements
  • Ownership: Condominium
  • Exclusions: all furnishings
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2020-07-11
  • Federal Flood Zone: Yes
  • Year Built: 1996
  • Year Renovated: 2008
  • Assigned Parking Space Numbers: 25 and 25
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: 25 Kings Grant: A Dream Come TrueImagine sitting on your deck looking at the ocean as you listen to the peaceful cadence of the waves. Imagine your family and friends, exhausted from joys of sun and ocean play, gathering at sunset to enjoy the grilled fish that was freshly caught that day. Imagine your joy in seeing your children dance at waters edge temping the waves to catch them as you sit on your beach chair with the glow of the sun and the refreshing sea breeze. Now imagine 25 Kings Grant a four-bedroom, four bath, fully renovated townhome within an upscaled community. Known for its privacy and location Kings Grant is the only beach community situated between two expansive bodies of water, the blue waves of the Atlantic Ocean and the calming currents of Assawoman bay. The community offers a walkway and dune crossing to the beach, a bayfront pool for a swim in the crisp pool water, a bayfront pier to canoe or kayak and a new feature: canoe and kayak storage on the bay. As you enter 25 Kings Grant, your eyes immediately go to the wide view of the ocean. You can walk straight past the new first floor bedroom (with hall bath) past the fully remodeled gourmet kitchen into the living area featuring Italian tile and a faux coral fireplace and through the glass doors to the deck overseeing the blue ocean water. OR, instead, go up the new stairs and hallway of luxury plank flooring taking you into the master suite which features a fireplace, huge oceanfront window and an absolutely beautiful custom master bath. Start your day with a cup of coffee and the newspaper on your private balcony overlooking the ocean On the second floor, in addition to the master bedroom, there is a guest bedroom also unsuited with a view of the Bay. On the third floor there is a large bedroom and full bath with views to the ocean and if, one desires, enough square footage to add a fifth bedroom. Kings Grant has it all absolutely stunning sunrises to warm sunsets and a lot in between, walk to the beach, relax by the pool or enjoy the eco-friendly bay for kayaking and canoeing. Make this your dream home and new address 25 Kings Grant. Easily shown by appointment.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Electric, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Bar, Built-Ins, Carpet, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Primary Bedroom - Ocean Front, Sprinkler System, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments
  • Window Features: Screens, Sliding
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 4, Kitchen, Foyer, Laundry, Storage Room, Bathroom 1, Primary Bathroom, Full Bath
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Price Per Sq Ft: 602.38
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40101

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Stick Built
  • Exterior Features: Exterior Lighting, Outside Shower, Secure Storage
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • View: Bay, Ocean
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean and Little Assawoman Bay
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Asphalt Driveway
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone, Propane
  • Water Source: Public, Private/Community Water
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 11760.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Kings Grant Condo Association
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Pier/Dock, Reserved/Assigned Parking, Swimming Pool, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Concrete, Fenced

Fee Information

  • Loss Mitigation Fee?: No
  • Other Fees: 985.00
  • Other Fees Frequency: Quarterly

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 44050.00
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: HR-2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5120368
  • School Tax: 1461.00
  • Tax Annual Amount: 1657.00
  • Assessor Parcel Number: 134-22.00-5.00-25
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/19/2020

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Oct 15, 2020
Sold by
Howe Joseph G
Bought by
Orleans-Singer Nancy
Seller's Agent
Lauren Alberti
Northrop Realty
Buyer's Agent
Kimberly Lucido-McCabe
Keller Williams Realty Delmarva
List Price
$1,265,000
Sold Price
$1,255,000
Premium/Discount to List
-$10,000
-0.79%
Current Estimated Value
$1,616,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,000
Avg. Annual Appreciation
3.71%
Original Mortgage
$878,500
Outstanding Balance
$787,513
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$704,487

Purchase Details

Closed on
Apr 5, 1996
Bought by
Howe Joseph G
Source: Public Records

Range of Values:

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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
Orleans-Singer Nancy $1,255,000 None Available
Howe Joseph G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orleans-Singer Nancy $878,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $1,255,000 -0.8% $598 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $1,265,000 -- $602 / 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 $2,242 $44,050 $0 $44,050
2023 $2,240 $44,050 $0 $44,050
2022 $2,204 $44,050 $0 $44,050
2021 $2,138 $44,050 $0 $44,050
2020 $2,040 $44,050 $0 $44,050
2019 $2,031 $44,050 $0 $44,050
2018 $2,051 $54,200 $0 $0
2017 $2,068 $54,200 $0 $0
2016 $1,822 $54,200 $0 $0
2015 $1,878 $54,200 $0 $0
2014 $1,850 $54,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU163664

Bright MLS

APN: 134-22.00-5.00-25