$2,100,000
SOLD SEP 27, 2024

40107 E Oceanside Dr Unit 34 Fenwick Island, DE 19944

4 Beds
3.5 Baths
2,400 Sq Ft
$1,713/mo HOA Fee

Recently Sold

$875 Per Sq Ft

12% Below List Price

63 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Ocean View
  • Beach
  • Lord Baltimore Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Pier or Dock

About This Home

As of September 2024

Welcome to your oceanfront coastal retreat! This fully furnished stunning property offers the epitome of coastal living with 4 bedrooms, 3.5 baths, and a complete renovation that brings light and brightness throughout. Step inside to discover gorgeous floors that lead you into a gourmet kitchen adorned with stainless steel appliances and exquisite corian countertops, perfect for culinary enthusiasts.
Entertain with ease in the spacious living area boasting large windows that flood the space with natural light, while a deck awaits outside, providing an ideal setting for grilling and enjoying the coastal breeze.
Need a quiet place to work or an additional bedroom? The versatile office space can easily be converted to suit your needs.
Awaken to breathtaking ocean views from the primary en-suite, featuring a newly renovated-tiled shower, luxurious custom vanity, and a serene ambiance that invites relaxation. Three additional generously sized bedrooms and two more newly renovated tiled baths ensure ample space for family and guests.
Multiple decks beckon you to savor both sunrise and sunset, creating unforgettable moments against the backdrop of the sea. Beach storage and an outside shower add convenience to your coastal lifestyle. As part of the community, you'll have access to a bayfront pool, perfect for a refreshing dip on warm summer days. And for those who love to fish or simply enjoy the tranquility of the bay, a bayfront pier awaits your exploration.

Indulge in the ultimate coastal sanctuary where every detail has been thoughtfully crafted to elevate your living experience. Don't miss the chance to make this oceanfront retreat your own slice of paradise

Last Agent to Sell the Property

Ashley Brosnahan

Long & Foster Real Estate, Inc. License #639698 Listed on: 05/20/2024

Long & Foster Real Estate, Inc.

Co-Listed By

Neil Brosnahan

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Giselle DiFrancescesca

Coldwell Banker Realty License #0023191

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,819

Year Built

  • Built in 1987

Lot Details

  • 50 Feet of Waterfront
  • Ocean Front
  • Sandy Beach
  • Landscaped
  • Property is in excellent condition

HOA Fees

  • $1,713 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Built-In Features
  • Recessed Lighting
  • Window Treatments
  • Window Screens
  • Open Floorplan
  • Living Room
  • Den
  • Ocean Views
  • Monitored

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom faces the ocean
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Property is near an ocean
  • Lake Privileges
  • Balcony
  • Deck

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 134-22.00-5.00-34

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, pier/dock maintenance, pool(s), reserve funds, snow removal, trash
  • Vacasa HOA
  • Kings Grant Subdivision

Recreation

  • Pier or Dock
  • Beach
  • Community Pool

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,819

Year Built

Built in 1987

Lot Details

0

HOA Fees

$1,713 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: List in files.
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2024-05-20
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to your oceanfront coastal retreat! This fully furnished stunning property offers the epitome of coastal living with 4 bedrooms, 3.5 baths, and a complete renovation that brings light and brightness throughout. Step inside to discover gorgeous floors that lead you into a gourmet kitchen adorned with stainless steel appliances and exquisite corian countertops, perfect for culinary enthusiasts. Entertain with ease in the spacious living area boasting large windows that flood the space with natural light, while a deck awaits outside, providing an ideal setting for grilling and enjoying the coastal breeze. Need a quiet place to work or an additional bedroom? The versatile office space can easily be converted to suit your needs. Awaken to breathtaking ocean views from the primary en-suite, featuring a newly renovated-tiled shower, luxurious custom vanity, and a serene ambiance that invites relaxation. Three additional generously sized bedrooms and two more newly renovated tiled baths ensure ample space for family and guests. Multiple decks beckon you to savor both sunrise and sunset, creating unforgettable moments against the backdrop of the sea. Beach storage and an outside shower add convenience to your coastal lifestyle. As part of the community, you'll have access to a bayfront pool, perfect for a refreshing dip on warm summer days. And for those who love to fish or simply enjoy the tranquility of the bay, a bayfront pier awaits your exploration. Indulge in the ultimate coastal sanctuary where every detail has been thoughtfully crafted to elevate your living experience. Don't miss the chance to make this oceanfront retreat your own slice of paradise
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer, Water Heater
  • Entry Floor: 34
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Combination Kitchen/Living, Entry Level Bedroom, Built-Ins, Combination Dining/Living, Kitchen - Gourmet, Primary Bedroom - Ocean Front, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Pilings
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Office, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 993.75
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40107

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access Features: Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • 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
  • Security: Monitored
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 5139.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Pier/Dock, Pool - Outdoor, Swimming Pool, Water/Lake Privileges, Beach
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA Name: VACASA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Land Use Code: 999
  • Lot Features: Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1623.00
  • Tax Annual Amount: 1819.00
  • Assessor Parcel Number: 134-22.00-5.00-34
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 09/27/2024

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
May 20, 2024
Closed on
Sep 27, 2024
Sold by
Robert F Larson Living Revocable Trust and Larson Robert F
Bought by
Radfar Shahla R and Janloo Hamid R
Seller's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
Buyer's Agent
Giselle DiFrancescesca
Coldwell Banker Realty
List Price
$2,385,000
Sold Price
$2,100,000
Premium/Discount to List
-$285,000
-11.95%
Views
53
Current Estimated Value
$1,496,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$603,862
Avg. Annual Appreciation
-38.51%
Original Mortgage
$1,575,000
Outstanding Balance
$1,566,274
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
-$115,090
Source: Public Records

Similar Home in Fenwick Island, DE

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    • 4 Baths
    • 2,300 Sq Ft
    • 40101 E Oceanside Dr
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    • Fenwick Island, DE

    Stunning Oceanfront townhome that was meticulously renovated, expanding the great room on the beachside with a wall of glass along the ocean and a large window to the south, bringing in an abundance of natural light and unparalleled views of the Atlantic! This unique property feels and lives like an end unit because it is positioned further East when compared to the adjacent unit and building

    Leslie Kopp Long & Foster Real Estate, Inc.

    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,100,000 None Listed On Document
Deed $2,100,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,575,000 New Conventional
Closed $1,575,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $2,100,000 -11.9% $875 / Sq Ft
08/14/2024 08/14/24 For Sale $2,385,000 0.0% $994 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $2,385,000 -- $994 / 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: DESU2062126

Bright MLS

APN: 134-22.00-5.00-34