NOT LISTED FOR SALE

606 Coastal Hwy Unit 20 Fenwick Island, DE 19944

Estimated Value: $479,000 - $513,000

2 Beds
2 Baths
1,100 Sq Ft
$265/mo HOA Fee

Last Sold January 19, 2024

Last sale price $495,000 $450 Per Sq Ft

Current estimated payment $3,065/month

9 Days on Market

Highlights

  • 10 Feet of Waterfront
  • Access to Tidal Water
  • Open Floorplan
  • Phillip C. Showell Elementary School Rated A-
  • No Units Above
  • Bayside

About This Home

As of January 2024

Welcome to your dream coastal getaway in the heart of Fenwick Island! This 2-bedroom, 2-bathroom condo is conveniently located in Fenwick Towne Village just one block from the beach, and steps to the area’s best restaurants, coffee shops, and charming boutiques. The location cannot be beat! Upon entering from the second floor of the building, you’ll be greeted with views of the canal from the front balcony. Step into this adorable home and you will find an open-concept living and dining area, creating a welcoming and airy space. The downstairs is equipped with a spacious kitchen, complete with stainless steel appliances, plenty of storage space from numerous cabinets and closets, and a full bathroom. Wander up to the second floor to find both generous-sized bedrooms and a stunning, newly renovated full bathroom. Enjoy cooler evenings cozied up by your very own wood-burning fireplace. Additional upgrades include a brand-new roof, a new split-system for heating and cooling, and new windows. There are two assigned spots in the building's parking lot, as well as a town of Fenwick parking pass should you decide to make the short drive to the beach. Find storage at the bottom of the stairs to stash your beach chairs, toys, and bikes. This condo is the ideal place to create lasting memories by the beach. Whether you're looking for a seasonal retreat, a year-round residence, or an investment property, this Fenwick Towne Village condo offers it all. Don't miss this opportunity to have your very own piece of paradise on the Delaware coast.

Last Agent to Sell the Property

Paula Williams

Long & Foster Real Estate, Inc. License #RS-0037050 Listed on: 11/10/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

John Kleinstuber

JOHN KLEINSTUBER AND ASSOC INC License #RB-0002561

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,113

Year Built

  • Built in 1985

Lot Details

  • 10 Feet of Waterfront
  • No Units Above

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Wood Burning Fireplace
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Partially Carpeted
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer

Home Security

Parking

  • 2 Off-Street Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Access to Tidal Water
  • Water Oriented
  • Property is near a canal
  • Balcony
  • Deck

Location

  • Flood Risk
  • Bayside

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • 220 Volts
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-23.16-145.00-20

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, trash
  • Low-Rise Condominium
  • Fenwick Town Village Community
  • Property Manager

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,113

Year Built

Built in 1985

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: Dresser in bedroom.
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-11-10
  • Federal Flood Zone: Yes
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Stainless Steel Appliances
  • Entry Floor: 2
  • Flooring Type: Ceramic Tile, Luxury Vinyl Plank, Partially Carpeted
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Eat-In
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: No One Above
  • Door Features: Storm
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 450.00
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 606

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: Frame, Vinyl Siding
  • View: Canal
  • Water Access: No
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 10

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Parking Lot
  • Off Street Parking Spaces: 2
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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: 265.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 694.70
  • Tax Annual Amount: 1112.66
  • Assessor Parcel Number: 134-23.16-145.00-20
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/19/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Jan 16, 2024
Sold by
Welsh Elizabeth A
Bought by
Spallitta Charles Joseph
Seller's Agent
Paula Williams
Long & Foster Real Estate, Inc.
Buyer's Agent
John Kleinstuber
JOHN KLEINSTUBER AND ASSOC INC
List Price
$495,000
Sold Price
$495,000
Views
117
Current Estimated Value
$495,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146
Avg. Annual Appreciation
0.02%
Original Mortgage
$258,000
Outstanding Balance
$254,928
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$240,218

Purchase Details

Closed on
Jun 10, 2002
Bought by
Yale William and Yale Linda J
Source: Public Records

Range of Values:

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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
Spallitta Charles Joseph $495,000 None Listed On Document
Yale William $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spallitta Charles Joseph $258,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $495,000 0.0% $450 / Sq Ft
11/10/2023 11/10/23 For Sale $495,000 +69.2% $450 / Sq Ft
02/07/2019 02/07/19 Sold $292,500 -7.1% $266 / Sq Ft
12/23/2018 12/23/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $314,900 0.0% $286 / Sq Ft
05/05/2018 05/05/18 Price Changed $314,900 -3.1% $286 / Sq Ft
09/27/2016 09/27/16 For Sale $324,900 -- $295 / 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 $790 $16,200 $0 $16,200
2023 $789 $16,200 $0 $16,200
2022 $776 $16,200 $0 $16,200
2021 $753 $16,200 $0 $16,200
2020 $722 $16,200 $0 $16,200
2019 $719 $16,200 $0 $16,200
2018 $726 $18,850 $0 $0
2017 $731 $18,850 $0 $0
2016 $646 $18,850 $0 $0
2015 $666 $18,850 $0 $0
2014 $656 $18,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2050948

Bright MLS

APN: 134-23.16-0145.00- 20