NOT LISTED FOR SALE

40126 Fenwick Towers Rd Unit 306 Fenwick Island, DE 19944

Estimated Value: $429,000 - $644,000

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

Last Sold September 26, 2019

Last sale price $349,900 $599 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,328/month

134 Days on Market

Highlights

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

About This Home

As of September 2019

OCEANFRONT ESCAPE: Enjoy breathtaking sunrises over the Atlantic and just steps to the coastline. This 1 bedroom, 1 bath oceanfront condo makes the ideal beach getaway with low maintenance living so you can relax and enjoy the beach lifestyle. Featuring light & bright living room, kitchen, dining space, & fabulous oceanfront balcony overlooking the sand and surf. Freshly painted with new carpet. Fenwick Towers offers outdoor pool, oceanfront deck with picnic tables perfect for entertaining, outside shower, patio, library, plenty of parking, & private walkway to the pristine beaches. Sold furnished with list of exclusions. Located just north of the town of Fenwick Island offering dining & shopping, near FI State Park and close proximity to the Little Assawoman Bay. Perfect vacation retreat or great rental investment opportunity!

Last Agent to Sell the Property

Kim Hook

RE/MAX Coastal License #RB-0031040 Listed on: 12/17/2018

RE/MAX Coastal

Last Buyer's Agent

Kim Hook

RE/MAX Coastal License #RB-0031040 Listed on: 12/17/2018

RE/MAX Coastal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $872

Year Built

  • Built in 1972

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • West Facing Home
  • Cleared Lot

HOA Fees

  • $386 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Masonry

Interior Spaces

  • 584 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Living Room
  • Dining Area
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Primary bedroom faces the ocean
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Paved Parking
  • Parking Lot

Outdoor Features

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

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • 150 Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-22.00-13.00-306

Community Details

Overview

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

Amenities

  • Picnic Area
  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

  • Beach
  • Community Pool

Security

  • Front Desk in Lobby
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$872

Year Built

Built in 1972

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
  • Ownership: Fee Simple
  • Exclusions: Artwork, nick-nacks
  • Inclusions: See list of inclusions in attachments
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Remarks Public: OCEANFRONT ESCAPE: Enjoy breathtaking sunrises over the Atlantic and just steps to the coastline. This 1 bedroom, 1 bath oceanfront condo makes the ideal beach getaway with low maintenance living so you can relax and enjoy the beach lifestyle. Featuring light & bright living room, kitchen, dining space, & fabulous oceanfront balcony overlooking the sand and surf. Freshly painted with new carpet. Fenwick Towers offers outdoor pool, oceanfront deck with picnic tables perfect for entertaining, outside shower, patio, library, plenty of parking, & private walkway to the pristine beaches. Sold furnished with list of exclusions. Located just north of the town of Fenwick Island offering dining & shopping, near FI State Park and close proximity to the Little Assawoman Bay. Perfect vacation retreat or great rental investment opportunity!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Electric, Exhaust Fan, Dishwasher, Disposal, Microwave, Water Heater, Washer/Dryer Stacked
  • Entry Floor: 3
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Window Treatments, Carpet, Entry Level Bedroom, Dining Area, Primary Bedroom - Ocean Front, Stall Shower
  • Window Features: Screens, Insulated
  • Fireplace: No
  • Door Features: Storm, Insulated
  • Foundation Details: Block
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Bedroom 1, Full Bath
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Common
  • Total Sq Ft: 584
  • Living Area Sq Ft: 584
  • Price Per Sq Ft: 599.14
  • 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
  • Exterior Features: Outside Shower
  • Roof: Flat
  • View: Ocean, Water
  • 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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4632.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Fenwick Towers
  • Condo Co-Op Phone: 302-539-6087
  • HOA Condo Co-Op Amenities: Beach, Elevator, Laundry Facilities, Pool - Outdoor, Swimming Pool, Water/Lake Privileges, Common Grounds, Picnic Area
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Water, Insurance
  • 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

  • Lot Features: Cleared
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s), Balcony
  • Zoning: RES, HR1
  • Zoning Description: Vacation/Retire/Resident
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Total Actual Rent: 10095.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5120208
  • Tax Annual Amount: 872.00
  • Assessor Parcel Number: 134-22.00-13.00-306
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 09/26/2019

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
Mar 25, 2010
Bought by
Phillips Debbie A
Current Estimated Value
$518,426

Purchase Details

Closed on
Mar 17, 2010
Bought by
Phillips Debbie A
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
Phillips Debbie A -- --
Phillips Debbie A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2019 09/26/19 Sold $349,900 0.0% $599 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
12/17/2018 12/17/18 For Sale $349,900 -- $599 / 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

  • Kim Hook

    Seller's Agent in 2019

    Kim Hook

    RE/MAX

    (302) 462-5504

    13 in this area

    189 Total Sales

    Kim Hook
    Section Image

  • C

    Buyer Co-Listing Agent in 2019

    CLOVER SIMPLER

    RE/MAX

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU127404

Bright MLS

APN: 134-22.00-13.00-306

Delaware Sussex County Fenwick Island 19944

40126 Fenwick Towers Rd Unit 306, Fenwick Island, DE

This home is located at 40126 Fenwick Towers Rd Unit 306, Fenwick Island, DE 19944 since 17 December 2018 and is currently estimated at $518,426, approximately $887 per square foot. This property was built in 1972. 40126 Fenwick Towers Rd Unit 306 is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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