NOT LISTED FOR SALE

40126 Fenwick Towers Rd Unit 112 Fenwick Island, DE 19944

Estimated Value: $439,000 - $776,000

2 Beds
2 Baths
1,135 Sq Ft
$506/mo HOA Fee

Last Sold March 26, 2020

Last sale price $495,000 $436 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,022/month

262 Days on Market

Highlights

  • Ocean Front
  • Access to Tidal Water
  • Deck
  • Lord Baltimore Elementary School Rated A-
  • Sandy Beach
  • Furnished

About This Home

As of March 2020

New price! Be sure to take a look at this rarely available two-bedroom oceanfront condo in Fenwick Towers. This stylishly decorated corner unit has an open floor plan with spacious rooms and large balcony with panoramic ocean views! Many recent upgrades throughout - granite counters, remodeled bathrooms, lighting, paint, and more. Enjoy the community pool and large sundeck overlooking the dunes and ocean. This is the perfect location for a quiet getaway and still close to great restaurants and activities.

Last Agent to Sell the Property

Anne Koster

Coldwell Banker Realty License #510613 Listed on: 05/22/2019

Coldwell Banker Realty

Last Buyer's Agent

Nancy Hagman

Coldwell Banker Realty License #RS-0022339

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,371

Year Built

  • Built in 1975

Lot Details

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

HOA Fees

  • $506 Monthly HOA Fees

Home Design

  • Masonry

Interior Spaces

  • 1,135 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Range Hood
  • <<builtInMicrowave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Lighted Parking
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Breezeway
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-22.00-13.00-112

Community Details

Overview

  • Association fees include common area maintenance
  • Mid-Rise Condominium
  • Fenwick Towers Subdivision

Recreation

  • Community Pool

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,371

Year Built

Built in 1975

Lot Details

0

HOA Fees

$506 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: Children's furniture and personal items; contents of the owner's storage closets.
  • Inclusions: Balcony and interior furnishings.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Remarks Public: New price! Be sure to take a look at this rarely available two-bedroom oceanfront condo in Fenwick Towers. This stylishly decorated corner unit has an open floor plan with spacious rooms and large balcony with panoramic ocean views! Many recent upgrades throughout - granite counters, remodeled bathrooms, lighting, paint, and more. Enjoy the community pool and large sundeck overlooking the dunes and ocean. This is the perfect location for a quiet getaway and still close to great restaurants and activities.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater, Washer/Dryer Stacked
  • Entry Floor: 2
  • Flooring Type: Ceramic Tile, Carpet
  • Window Features: Insulated, Screens, Storm
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1135
  • Living Area Sq Ft: 1135
  • Price Per Sq Ft: 458.06
  • Above Grade Finished Sq Ft: 1135
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40126

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Masonry
  • Exterior Features: Bbq Grill, Extensive Hardscape, Exterior Lighting
  • View: Ocean
  • Water Access Features: Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Lighted Parking, Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1518.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s), Deck(s), Breezeway, Balcony
  • Year Assessed: 2018
  • Zoning: G
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5120190
  • School Tax: 1209.00
  • Tax Annual Amount: 1371.00
  • Assessor Parcel Number: 134-22.00-13.00-112
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/26/2020

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 1997
Bought by
Rogers William A and Rogers Shirley
Current Estimated Value
$613,992
Source: Public Records

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 Buyer Sale Price Title Company
Rogers William A $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Nancy S $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2020 03/26/20 Sold $495,000 -4.8% $436 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
10/04/2019 10/04/19 Price Changed $519,900 -3.7% $458 / Sq Ft
05/22/2019 05/22/19 For Sale $539,900 -- $476 / 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 $1,500 $32,500 $0 $32,500
2023 $1,498 $32,500 $0 $32,500
2022 $1,474 $32,500 $0 $32,500
2021 $1,430 $32,500 $0 $32,500
2020 $1,365 $32,500 $0 $32,500
2019 $1,359 $32,500 $0 $32,500
2018 $1,372 $36,250 $0 $0
2017 $1,384 $36,250 $0 $0
2016 $1,219 $36,250 $0 $0
2015 $1,257 $36,250 $0 $0
2014 $1,238 $36,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU140706

Bright MLS

APN: 134-22.00-13.00-112