NOT LISTED FOR SALE

40126 Fenwick Towers Rd Unit 305 Fenwick Island, DE 19944

Estimated Value: $400,000 - $563,941

1 Bed
1 Bath
584 Sq Ft
$386/mo HOA Fee

Last Sold June 29, 2020

Last sale price $332,000 $568 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,033/month

281 Days on Market

Highlights

  • Home fronts navigable water
  • Access to Tidal Water
  • Lake Privileges
  • Lord Baltimore Elementary School Rated A-
  • 2.47 Acre Lot
  • Community Pool

About This Home

As of June 2020

Price Reduction! Are you ready for the beach life... this move in ready one bedroom/one bath condo is well appointed and waiting for you to enjoy. The sound of the ocean and view of the waves is mesmerizing. Close to everything Fenwick and Bethany has to offer.

Last Agent to Sell the Property

Carol Ann Pala

Monument Sotheby's International Realty License #RS-0025033 Listed on: 08/27/2019

Monument Sotheby's International Realty

Last Buyer's Agent

Thomas D'Ambrogi

Taylor Properties

Taylor Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $749

Year Built

  • Built in 1975

Lot Details

  • Home fronts navigable water
  • Two or More Common Walls

HOA Fees

  • $386 Monthly HOA Fees

Home Design

  • Masonry

Interior Spaces

  • 584 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Lighted Parking
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near an ocean
  • Lake Privileges

Additional Features

  • Accessible Elevator Installed
  • Flood Risk
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 134-22.00-13.00-305

Community Details

Overview

  • Association fees include common area maintenance, insurance, management
  • Mid-Rise Condominium
  • Fenwick Towers Condos, Phone Number (302) 539-6087
  • Fenwick Towers Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$749

Year Built

Built in 1975

Lot Details

0

HOA Fees

$386 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: SeaGull Painting & Contents of China Cabinet
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Remarks Public: Price Reduction! Are you ready for the beach life... this move in ready one bedroom/one bath condo is well appointed and waiting for you to enjoy. The sound of the ocean and view of the waves is mesmerizing. Close to everything Fenwick and Bethany has to offer.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Common Walls: 2+ Common Walls
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 584
  • Living Area Sq Ft: 584
  • Price Per Sq Ft: 590.75
  • Above Grade Finished Sq Ft: 584
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40126

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Masonry
  • 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: No

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 386.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Fenwick Towers
  • Condo Co-Op Phone: 302-539-6087
  • HOA Condo Co-Op Amenities: Elevator, Laundry Facilities, Picnic Area, Pool - Outdoor, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 20000.00
  • Land Use Code: RC
  • Lot Size Acres: 2.47
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 107593.00
  • Year Assessed: 2019
  • Zoning: HR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5120207
  • School Tax: 660.00
  • Tax Annual Amount: 749.00
  • Assessor Parcel Number: 134-22.00-13.00-305
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 06/29/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Jun 29, 2020
Sold by
Malinowski Meghan M
Bought by
Linnan Michael and Linnan Brenda
Seller's Agent
Carol Ann Pala
Monument Sotheby's International Realty
Buyer's Agent
Thomas D'Ambrogi
Taylor Properties
List Price
$345,000
Sold Price
$332,000
Premium/Discount to List
-$13,000
-3.77%
Current Estimated Value
$464,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,985
Avg. Annual Appreciation
6.03%

Purchase Details

Closed on
Jun 19, 1996
Bought by
Malinowski Meghan M
Source: Public Records

Range of Values:

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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
Linnan Michael $332,000 None Available
Malinowski Meghan M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $332,000 -3.8% $568 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $345,000 +3.9% $591 / Sq Ft
04/18/2020 04/18/20 Off Market $332,000 -- --
04/18/2020 04/18/20 For Sale $345,000 +3.9% $591 / Sq Ft
04/12/2020 04/12/20 Off Market $332,000 -- --
11/30/2019 11/30/19 Price Changed $345,000 -1.4% $591 / Sq Ft
10/30/2019 10/30/19 Price Changed $350,000 -2.8% $599 / Sq Ft
09/07/2019 09/07/19 Price Changed $360,000 -4.0% $616 / Sq Ft
08/27/2019 08/27/19 For Sale $375,000 -- $642 / 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 $952 $20,000 $0 $20,000
2023 $951 $20,000 $0 $20,000
2022 $936 $20,000 $0 $20,000
2021 $908 $20,000 $0 $20,000
2020 $867 $20,000 $0 $20,000
2019 $863 $20,000 $0 $20,000
2018 $871 $23,000 $0 $0
2017 $878 $23,000 $0 $0
2016 $774 $23,000 $0 $0
2015 $798 $23,000 $0 $0
2014 $786 $23,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU145524

Bright MLS

APN: 134-22.00-13.00-305