$610,000
SOLD DEC 20, 2019

40126 Fenwick Towers Rd Unit 412 Fenwick Island, DE 19944

2 Beds
2 Baths
-- Sq Ft
$585/mo HOA Fee

Recently Sold

3% Below List Price

34 Days on Market

Highlights

  • Home fronts navigable water
  • Canoe or Kayak Water Access
  • Fishing Allowed
  • Lord Baltimore Elementary School Rated A-
  • Public Beach
  • 2.47 Acre Lot

About This Home

As of October 2020

Imagine looking at these views and hearing the waves roll onto the beach. This is a 2bed/2bath end unit with private balcony in Fenwick Towers. Open floor plan and excellent rental history. Need to honor 2020 rentals.

Last Agent to Sell the Property

Carol Ann Pala

Monument Sotheby's International Realty License #RS-0025033 Listed on: 09/22/2019

Monument Sotheby's International Realty

Last Buyer's Agent

Dennis Mather

Long & Foster Real Estate, Inc. License #RS-0020611

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,273

Year Built

  • Built in 1975

Lot Details

  • Home fronts navigable water
  • Public Beach
  • West Facing Home

HOA Fees

  • $585 Monthly HOA Fees

Home Design

  • Masonry

Interior Spaces

  • Property has 3 Levels
  • Furnished
  • Bar
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Dining Area
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Home Security

Parking

  • Lighted Parking
  • Parking Lot
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Outdoor Features

  • Outdoor Shower
  • Canoe or Kayak Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Lake Privileges
  • Deck
  • Outdoor Storage
  • Outbuilding

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Public Septic

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-22.00-13.00-412

Community Details

Overview

  • Mid-Rise Condominium
  • Fenwick Towers Condos, Phone Number (302) 539-6087
  • Fenwick Towers Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Community Library
  • Community Storage Space

Recreation

  • Community Pool
  • Fishing Allowed

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,273

Year Built

Built in 1975

Lot Details

0

HOA Fees

$585 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, Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Starfish chair and everything locked in owners closet.
  • Historic: No
  • Home Warranty: No
  • Inclusions: Sold Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Remarks Public: Imagine looking at these views and hearing the waves roll onto the beach. This is a 2bed/2bath end unit with private balcony in Fenwick Towers. Open floor plan and excellent rental history. Need to honor 2020 rentals.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Water Heater, Refrigerator, Range Hood, Microwave, Oven/Range - Electric, Washer
  • Entry Floor: 1
  • Interior Amenities: Bar, Breakfast Area, Carpet, Dining Area, Primary Bath(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Storm
  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • 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: Masonry
  • Exterior Features: Outside Shower, Outbuilding(s), Secure Storage
  • Water Access Features: Public Beach, Swimming Allowed, Canoe/Kayak, Fishing Allowed
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Lighted 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 Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 585.00
  • 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, Extra Storage, Pool - Outdoor, Reserved/Assigned Parking, Security, Water/Lake Privileges, Library, Picnic Area
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

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 Size Acres: 2.47
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 107593.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2019
  • Zoning: HR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5120226
  • School Tax: 1122.00
  • Tax Annual Amount: 1273.00
  • Assessor Parcel Number: 134-22.00-13.00-412
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 12/20/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Oct 23, 2020
Sold by
Mccarthy Anne M
Bought by
Rosenbaum Philip B and Rosenbaum Jeanne C
Seller's Agent
Dennis Mather
Long & Foster Real Estate, Inc.
Buyer's Agent
SUSAN NALLEY
Coldwell Banker Realty
List Price
$644,000
Sold Price
$637,000
Premium/Discount to List
-$7,000
-1.09%
Current Estimated Value
$834,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,878
Avg. Annual Appreciation
6.06%
Original Mortgage
$445,900
Outstanding Balance
$400,173
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$441,812

Purchase Details

Listed on
Sep 22, 2019
Closed on
Dec 20, 2019
Sold by
Sister Act Llc
Bought by
Mccarthy Anne M
Seller's Agent
Carol Ann Pala
Monument Sotheby's International Realty
Buyer's Agent
Dennis Mather
Long & Foster Real Estate, Inc.
List Price
$630,000
Sold Price
$610,000
Premium/Discount to List
-$20,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$457,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2012
Sold by
Sally B Sally B
Bought by
Sister Act Llc
Source: Public Records

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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 $637,000 None Available
Deed $610,000 None Available
Deed $580,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $445,900 New Conventional
Previous Owner $457,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $637,000 -1.1% $579 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $644,000 +5.6% $585 / Sq Ft
12/20/2019 12/20/19 Sold $610,000 -3.2% --
10/26/2019 10/26/19 Pending -- -- --
09/22/2019 09/22/19 For Sale $630,000 -- --
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 $1,562 $34,000 $0 $34,000
2023 $1,560 $34,000 $0 $34,000
2022 $1,535 $34,000 $0 $34,000
2021 $1,489 $34,000 $0 $34,000
2020 $1,422 $34,000 $0 $34,000
2019 $1,415 $34,000 $0 $34,000
2018 $1,429 $37,750 $0 $0
2017 $1,441 $37,750 $0 $0
2016 $1,270 $37,750 $0 $0
2015 $1,309 $37,750 $0 $0
2014 $1,289 $37,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU148392

Bright MLS

APN: 134-22.00-13.00-412