NOT LISTED FOR SALE

40142 N Carolina Ave Unit 22 Fenwick Island, DE 19944

Estimated Value: $776,000 - $994,000

3 Beds
3.5 Baths
1,435 Sq Ft
$622/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $750,000 $523 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,538/month

59 Days on Market

Highlights

  • Ocean View
  • Building is oceanfront but unit may not have water views
  • Traditional Architecture
  • Phillip C. Showell Elementary School Rated A-
  • Traditional Floor Plan
  • Main Floor Bedroom

About This Home

As of June 2021

Beautiful 3 Br. and 3.5 Ba. townhouse on the west side of Bunting Ave., Enjoy peak-a-boo views of the ocean directly across the street. Just about 150 feet to the beach. All of the amenities here including a community pool. Park your car when you arrive and walk everywhere within Fenwick. This unit is being sold furnished with exclusions, list in "documents." Being sold subject to weekly rentals during the summer season. Excellent rental property. The sale of this unit will be used as a 1031 Like Kind Exchange by the Sellers.

Last Agent to Sell the Property

John Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RB-0002561 Listed on: 03/26/2021

Last Buyer's Agent

Debra Zyskowski

RLAH Real Estate License #5007436

RLAH Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1986

Lot Details

  • Building is oceanfront but unit may not have water views
  • Property is in excellent condition

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 1,435 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Dining Area
  • Carpet
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-23.16-321.00-22

Community Details

Overview

  • Admirals Bridge Community
  • Property Manager

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,412

Year Built

Built in 1986

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: Excluded items list in "documnets"
  • Home Warranty: No
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Beautiful 3 Br. and 3.5 Ba. townhouse on the west side of Bunting Ave., Enjoy peak-a-boo views of the ocean directly across the street. Just about 150 feet to the beach. All of the amenities here including a community pool. Park your car when you arrive and walk everywhere within Fenwick. This unit is being sold furnished with exclusions, list in "documents." Being sold subject to weekly rentals during the summer season. Excellent rental property. The sale of this unit will be used as a 1031 Like Kind Exchange by the Sellers.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Tub Shower, Walk-In Closet(s), Window Treatments
  • Window Features: Screens, Sliding, Vinyl Clad
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1435
  • Living Area Sq Ft: 1435
  • Price Per Sq Ft: 556.79
  • Above Grade Finished Sq Ft: 1435
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40142

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Stick Built
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Parking Features: Paved Parking
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport, Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 2850.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA: Yes
  • Senior Community: No

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
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5121354
  • School Tax: 1245.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1412.00
  • Assessor Parcel Number: 134-23.16-321.00-22
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/18/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Jun 18, 2021
Sold by
H Winfree Irvine Jr Ret
Bought by
Foard William A
Seller's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
Buyer's Agent
Debra Zyskowski
RLAH Real Estate
List Price
$839,000
Sold Price
$750,000
Premium/Discount to List
-$89,000
-10.61%
Current Estimated Value
$893,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,201
Avg. Annual Appreciation
3.08%

Purchase Details

Closed on
Apr 2, 2001
Bought by
Irvine H Winfree Hr (Trustee) & Helen B
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
Foard William A $750,000 None Available
Irvine H Winfree Hr (Trustee) & Helen B $370,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $750,000 -6.1% $523 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
04/12/2021 04/12/21 Price Changed $799,000 -4.8% $557 / Sq Ft
03/26/2021 03/26/21 For Sale $839,000 -- $585 / 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 $1,563 $31,450 $0 $31,450
2023 $1,561 $31,450 $0 $31,450
2022 $1,536 $31,450 $0 $31,450
2021 $1,491 $31,450 $0 $31,450
2020 $1,425 $31,450 $0 $31,450
2019 $1,419 $31,450 $0 $31,450
2018 $1,433 $37,550 $0 $0
2017 $1,444 $37,550 $0 $0
2016 $1,274 $37,550 $0 $0
2015 $1,313 $37,550 $0 $0
2014 $1,294 $37,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU179918

Bright MLS

APN: 134-23.16-321.00-22