$1,250,000
SOLD SEP 30, 2024

40142 Salt Meadow Dr Unit C4 Fenwick Island, DE 19944

4 Beds
4 Baths
3,000 Sq Ft
$1,075/mo HOA Fee

Recently Sold

$417 Per Sq Ft

6% Below List Price

22 Days on Market

Highlights

  • 30 Feet of Waterfront
  • Beach
  • Bay View
  • Lord Baltimore Elementary School Rated A-
  • Pier or Dock
  • Coastal Architecture

About This Home

As of September 2024

Discover the ultimate coastal retreat in this fully furnished, 4-story end unit townhome featuring 4 bedrooms and 4 bathrooms. Designed to maximize natural light, with Anderson windows and sliding doors throughout, this home offers expansive outdoor decks on every floor for seamless indoor-outdoor living.

Convenience and luxury abound with a 4-stop elevator and a ground floor including a garage and storage area. The 2nd floor hosts 3 guest rooms, 2 bathrooms, a laundry area, and expansive outdoor decks.

The 3rd floor living is the heart of home, featuring a family room, upgraded kitchen with a breakfast bar, stainless steel appliances, granite countertops, a dining area, and a sitting area with fireplace, all open to a deck that is spacious for entertaining or for bird watching and sunset views.

The 4th floor is dedicated to the primary bedroom offering privacy with is own en suite bath and office area. The private deck is perfect for relaxation and ultimate ocean and bay views!

This community boasts an array of amenities, including a pool, direct beach and ocean access, a bayfront beach area with a dock, pavilion, and kayak storage. Whether a primary residence, second home, or investment property, seize this opportunity to live in a coveted community overlooking the stunning marshlands and wildlife of Little Assawoman Bay and Delaware coast. Don't miss out on the chance to own this exceptional property and embrace the best of coastal living.

Last Agent to Sell the Property

Ashley Brosnahan

Long & Foster Real Estate, Inc. License #639698 Listed on: 07/01/2024

Long & Foster Real Estate, Inc.

Co-Listed By

Mikaela Brosnahan

Long & Foster Real Estate, Inc. License #RS-0038022

Last Buyer's Agent

Mark D'ambrogi

Crowley Associates Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 2006

Lot Details

  • 30 Feet of Waterfront
  • Home fronts navigable water

HOA Fees

  • $1,075 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Driveway Space
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property near a bay
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Metered Propane
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-22.00-10.00-C4

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pier/dock maintenance, pool(s), road maintenance, snow removal, trash
  • Wilgus Condos
  • Salt Meadows Subdivision

Recreation

  • Pier or Dock
  • Beach
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Windows
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,218

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,075 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Remarks Public: Discover the ultimate coastal retreat in this fully furnished, 4-story end unit townhome featuring 4 bedrooms and 4 bathrooms. Designed to maximize natural light, with Anderson windows and sliding doors throughout, this home offers expansive outdoor decks on every floor for seamless indoor-outdoor living. Convenience and luxury abound with a 4-stop elevator and a ground floor including a garage and storage area. The 2nd floor hosts 3 guest rooms, 2 bathrooms, a laundry area, and expansive outdoor decks. The 3rd floor living is the heart of home, featuring a family room, upgraded kitchen with a breakfast bar, stainless steel appliances, granite countertops, a dining area, and a sitting area with fireplace, all open to a deck that is spacious for entertaining or for bird watching and sunset views. The 4th floor is dedicated to the primary bedroom offering privacy with is own en suite bath and office area. The private deck is perfect for relaxation and ultimate ocean and bay views! This community boasts an array of amenities, including a pool, direct beach and ocean access, a bayfront beach area with a dock, pavilion, and kayak storage. Whether a primary residence, second home, or investment property, seize this opportunity to live in a coveted community overlooking the stunning marshlands and wildlife of Little Assawoman Bay and Delaware coast. Don't miss out on the chance to own this exceptional property and embrace the best of coastal living.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Pantry, Ceiling Fan(s)
  • Window Features: Storm
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom, Screened Porch
  • Basement: No
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 441.67
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40142

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding, Concrete
  • Exterior Features: Outside Shower
  • View: Bay
  • Water Access: Yes
  • Water Body Name: Little Assawoman Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 30

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Driveway, Attached Garage
  • Number of Spaces in Driveway: 1
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Metered
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3225.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: WILGUS
  • HOA Condo Co-Op Amenities: Beach, Pier/Dock, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Road Maintenance, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2023
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1979.00
  • Tax Annual Amount: 2218.00
  • Assessor Parcel Number: 134-22.00-10.00-C4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 09/30/2024

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Sep 30, 2024
Sold by
40142 Salt Meadows Llc
Bought by
Constance Tjoumas Revocable Trust
Seller's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
Buyer's Agent
Mark D'ambrogi
Crowley Associates Realty
List Price
$1,325,000
Sold Price
$1,250,000
Premium/Discount to List
-$75,000
-5.66%
Views
35
Current Estimated Value
$952,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$297,668
Avg. Annual Appreciation
7.61%

Purchase Details

Listed on
Jul 15, 2011
Closed on
Apr 5, 2012
Bought by
40142 Salt Meadows Llc
Seller's Agent
Lauren Alberti
Northrop Realty
Buyer's Agent
Shirley Kalvinsky
Jack Lingo - Rehoboth
List Price
$1,025,000
Sold Price
$1,025,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
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 $1,250,000 None Listed On Document
Deed $1,250,000 None Listed On Document
Deed $1,025,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $1,250,000 -5.7% $417 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $1,325,000 +29.3% $442 / Sq Ft
04/05/2012 04/05/12 Sold $1,025,000 0.0% --
03/13/2012 03/13/12 Pending -- -- --
07/15/2011 07/15/11 For Sale $1,025,000 -- --
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 $2,552 $53,700 $0 $53,700
2023 $2,550 $53,700 $0 $53,700
2022 $2,508 $53,700 $0 $53,700
2021 $2,433 $53,700 $0 $53,700
2020 $2,322 $53,700 $0 $53,700
2019 $2,312 $53,700 $0 $53,700
2018 $2,335 $61,700 $0 $0
2017 $2,354 $61,700 $0 $0
2016 $2,074 $61,700 $0 $0
2015 $2,138 $61,700 $0 $0
2014 $2,106 $61,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2065492

Bright MLS

APN: 134-22.00-10.00-C4