NOT LISTED FOR SALE

40107 E Oceanside Dr Unit 35 Fenwick Island, DE 19944

Estimated Value: $1,642,700 - $1,815,000

5 Beds
4 Baths
2,350 Sq Ft
$737/Sq Ft Est. Value

Sale Details

Date Sold: November 13, 2020

Last sale price $1,225,000 $521 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $10,730 / mo

601 Days on Market

Highlights

  • Ocean Front
  • Canoe or Kayak Water Access
  • Fishing Allowed
  • Lord Baltimore Elementary School Rated A-
  • Sandy Beach
  • Coastal Architecture

About This Home

As of November 2020

Sunrise Sunset.....Imagine yourself sipping on a cup of tea and enjoying the Spectacular sunrises over the Ocean and natural dunes in this fabulous Oceanfront town home. If that's not enough beauty you can watch sunset over the Assawoman Bay during your evening hours of relation. Dare to share your dream with your family and friends, create memories that will last a lifetime and beyond. This Kings Grant home is a rarity offering 5 bedrooms, each room either having a view of the Ocean or Bay. Kings Grant is an upscale community situated along Fenwick Island. Known for its privacy and location the community offers a walkway and dune crossing to the beach, a bayfront pool for a swim after your beach time, a bayfront pier to canoe/kayak/SUP and a new feature: canoe/kayak/SUP storage on the bay. If you need and desire carefree living at one of the most gorgeous beaches this may be your home. Live your life...live at the beach.

Last Agent to Sell the Property

Beth Evans

(302) 537-2616 beth@beachbaygolf.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0014021 Listed on: 01/27/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Jennifer Stevenson

(302) 934-8818 jennifer.stevenson@indianriverland.com INDIAN RIVER LAND CO License #RS-0024685

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,657

Year Built

  • Built in 1986

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach

HOA Fees

  • $1,298 Monthly HOA Fees

Property Views

  • Ocean
  • Bay

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 2,350 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Glass Doors

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 4 Full Bathrooms

Parking

  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Outdoor Shower
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near an ocean
  • Deck

Location

  • Flood Risk

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-22.00-5.00-35

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn care front, lawn care rear, management, pier/dock maintenance, pool(s), road maintenance, snow removal, trash
  • Kings Grant Subdivision

Amenities

  • Common Area

Recreation

  • Community Pool
  • Fishing Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,657

Year Built

Built in 1986

Lot Details

7,275 Sq Ft Lot

HOA Fees

$1,298 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: Personal items, pictures, see attached
  • Home Warranty: No
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-02-06
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Carpet, Ceramic Tile
  • Fireplace Features: Fireplace - Glass Doors, Wood
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2350
  • Living Area Sq Ft: 2350
  • Price Per Sq Ft: 531.87
  • Above Grade Finished Sq Ft: 2350
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Exterior Features: Outside Shower, Sidewalks
  • Roof: Architectural Shingle
  • View: Bay, Ocean
  • Water Access Features: Canoe/Kayak, Public Beach, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean, Assawoman Bay
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s), Zoned
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 15580.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Lawn Care Rear, Management, Pier/Dock Maintenance, Pool(s), Road Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 44050.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: H
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: Yes
  • Total Actual Rent: 30000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5120379
  • School Tax: 1461.00
  • Tax Annual Amount: 1657.00
  • Assessor Parcel Number: 134-22.00-5.00-35
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Landucci Amy Lynn
Bought by
Amy L Landucci Revocable Trust and Cynthia L Hudson Revocable Trust
Current Estimated Value
$1,731,567

Purchase Details

Listed on
Jan 27, 2019
Closed on
Nov 12, 2020
Sold by
Francis L Donnelly Ret
Bought by
Landucci Amy L
Seller's Agent
Beth Evans
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Jennifer Stevenson
INDIAN RIVER LAND CO
List Price
$1,249,900
Sold Price
$1,225,000
Premium/Discount to List
-$24,900
-1.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$979,200
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 23, 1997
Bought by
Donnelly Francis L and Donnelly Deloris D
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
Amy L Landucci Revocable Trust -- None Listed On Document
Landucci Amy L $1,225,000 None Available
Donnelly Francis L $396,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Landucci Amy L $979,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $1,225,000 -2.0% $521 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $1,249,900 +2.0% $532 / Sq Ft
03/29/2020 03/29/20 Off Market $1,225,000 -- --
08/21/2019 08/21/19 For Sale $1,249,900 +2.0% $532 / Sq Ft
06/05/2019 06/05/19 Off Market $1,225,000 -- --
02/06/2019 02/06/19 For Sale $1,199,000 -4.1% $510 / Sq Ft
01/30/2019 01/30/19 Price Changed $1,249,900 -44.4% $532 / Sq Ft
01/30/2019 01/30/19 Price Changed $2,249,900 -- $957 / Sq Ft
Source: Bright MLS

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 $2,254 $44,050 $0 $44,050
2024 $2,254 $44,050 $0 $44,050
2023 $2,252 $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: DESU129622

Bright MLS

APN: 134-22.00-5.00-35

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