NOT LISTED FOR SALE

Estimated Value: $765,195 - $1,481,000

5 Beds
4 Baths
2,320 Sq Ft
$479/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $926,000 $399 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,123/month

Highlights

  • Building is oceanfront but unit may not have water views
  • Panoramic View
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of February 2022

North Bethany ocean block townhome located in Tower Shores, situated steps away from a pristine beach! This is a well maintained and ideally designed home for large gatherings and features an expansive side deck. Tastefully decorated and offering an abundance of natural light throughout. The property has been fully renovated and re-painted throughout with an open floor plan design, updated kitchen with new cabinets, appliances, flooring, and roof. A large remodeled first floor offers an excellent opportunity for use as a separate in-law suite or efficiency apartment (per permit approval), with kitchen plumbing already installed, new bathroom and a separate front and rear entrance. Additional improvements include new furnishings, new HVAC system (3 zones), ceiling fans, window treatments and a large custom designed oak dining room table with a built-in booth. Offered fully furnished, this home is ready for your summer enjoyment! Excellent rental potential. Rental projection analysis available upon request. Located steps to great seafood at Matt's Fish Camp and just South of the Indian River Inlet and State Park Beach with several new restaurants, surf fishing, marina, and boating! Also within close proximity are excellent golf courses, shopping, and water sports. This is an opportunity you do not want to miss!

Last Agent to Sell the Property

Henry Jaffe

(302) 296-6646 henry.jaffe@oasothebysrealty.com Monument Sotheby's International Realty Listed on: 11/23/2021

Monument Sotheby's International Realty

Last Buyer's Agent

Henry Jaffe

(302) 296-6646 henry.jaffe@oasothebysrealty.com Monument Sotheby's International Realty Listed on: 11/23/2021

Monument Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,196

Year Built

  • Built in 1977 | Remodeled in 2010

Lot Details

  • Building is oceanfront but unit may not have water views
  • South Facing Home
  • Landscaped
  • Wooded Lot
  • Backs to Trees or Woods
  • Side Yard
  • Property is in very good condition

HOA Fees

  • $44 Monthly HOA Fees

Property Views

  • Panoramic
  • Woods
  • Garden

Home Design

  • Coastal Architecture
  • Entry on the 2nd floor
  • Flat Roof Shape
  • Frame Construction
  • Piling Construction

Interior Spaces

  • 2,320 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Beamed Ceilings
  • Ceiling Fan
  • Double Hung Windows
  • Sliding Windows
  • Window Screens

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-05.00-87.00-5

Community Details

Overview

  • Association fees include management, road maintenance
  • Sea Birds Community
  • Tower Shores Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,196

Year Built

Built in 1977 | Remodeled in 2010

Lot Details

0

HOA Fees

$44 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-11-24
  • Federal Flood Zone: Yes
  • Year Built: 1977
  • Year Renovated: 2010
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: North Bethany ocean block townhome located in Tower Shores, situated steps away from a pristine beach! This is a well maintained and ideally designed home for large gatherings and features an expansive side deck. Tastefully decorated and offering an abundance of natural light throughout. The property has been fully renovated and re-painted throughout with an open floor plan design, updated kitchen with new cabinets, appliances, flooring, and roof. A large remodeled first floor offers an excellent opportunity for use as a separate in-law suite or efficiency apartment (per permit approval), with kitchen plumbing already installed, new bathroom and a separate front and rear entrance. Additional improvements include new furnishings, new HVAC system (3 zones), ceiling fans, window treatments and a large custom designed oak dining room table with a built-in booth. Offered fully furnished, this home is ready for your summer enjoyment! Excellent rental potential. Rental projection analysis available upon request. Located steps to great seafood at Matt's Fish Camp and just South of the Indian River Inlet and State Park Beach with several new restaurants, surf fishing, marina, and boating! Also within close proximity are excellent golf courses, shopping, and water sports. This is an opportunity you do not want to miss!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 2
  • Flooring Type: Carpet, Laminated, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Window Treatments
  • Window Features: Double Hung, Energy Efficient, Screens, Sliding
  • Fireplace: No
  • Wall Ceiling Types: Beamed Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2320
  • Living Area Sq Ft: 2320
  • Price Per Sq Ft: 377.16
  • Above Grade Finished Sq Ft: 2320
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39567

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Outside Shower
  • Road Surface Type: Paved
  • Roof: Flat
  • Spa: No
  • View: Garden/Lawn, Panoramic, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 525.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Management, Road Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RC
  • Lot Features: Backs To Trees, Landscaping, Sideyard(s), Trees/Wooded
  • Outdoor Living Structures: Deck(s), Screened
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2021
  • Zoning: MR
  • Zoning Description: Residential
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5123413
  • School Tax: 1061.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1196.00
  • Assessor Parcel Number: 134-05.00-87.00-5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/18/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2025
Sold by
Culver Gregory B and Culver Jennifer C
Bought by
Gregory B Culver Revocable Trust and Jennifer C Culver Revocable Trust
Current Estimated Value
$1,110,549

Purchase Details

Closed on
Jan 13, 2010
Bought by
Mccusker Elaine

Purchase Details

Closed on
Dec 11, 2009
Bought by
Mccusker Elaine
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
Gregory B Culver Revocable Trust -- None Listed On Document
Mccusker Elaine $527,300 --
Mccusker Elaine $527,300 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $926,000 +5.8% $399 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $875,000 -- $377 / 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
2025 $2,019 $24,050 $0 $24,050
2024 $1,255 $24,050 $0 $24,050
2023 $1,254 $24,050 $0 $24,050
2022 $1,233 $24,050 $0 $24,050
2021 $1,196 $24,050 $0 $24,050
2020 $1,142 $24,050 $0 $24,050
2019 $1,136 $24,050 $0 $24,050
2018 $1,148 $30,350 $0 $0
2017 $1,157 $30,350 $0 $0
2016 $1,020 $30,350 $0 $0
2015 $1,051 $30,350 $0 $0
2014 $1,035 $30,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DESU2009074

Bright MLS

APN: 134-05.00-87.00-5