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Sold for $650,000
  • $650,000

    38887 Madison Ave Unit 13, Selbyville, DE 19975

    3beds
    1,665sqft
    Townhouse
    Built in 1985
    -- sqft lot
    $682,400 Zestimate®
    $390/sqft
    $2,302 Estimated rent

    Home value

    $682,400

    $621,000 - $751,000

    $2,302/mo

    Zestimate® history
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    What's special

    Outdoor poolGas fireplaceWaterfront townhomeKayak storageBeautiful bayfront townhomeWasher and dryerBoat slip
    WATERFRONT Townhome, Breath-taking VIEWS, BOAT SLIP and Move-In READY! Discover your dream home in this beautiful bayfront townhome located in this 26-home community of Fenwick Landing. Perfect location on the state line - less than a mile to both Ocean City MD and Fenwick Island DE beaches, restaurants and shopping. With 3 spacious bedrooms and 2.5 baths, this property is perfect for full-time living, a vacation getaway, or an investment rental. This stunning home features a BOAT SLIP/PIER allowing you to dock your pontoon, boat, kayak, or jet ski right in your backyard. Enjoy mesmerizing sunrises and scenic vistas of the Little Assawoman Bay and wetlands from the 3 private balconies and main-level deck (all with storm shutters). The open concept kitchen/dining area includes a large peninsula island, while the cozy living room boasts a gas fireplace. From the living area enjoy outdoor dining on your deck or take a few steps down to your own private pier to hop on your boat, fish or just relax in this quiet community. The second level offers two generous-sized bedrooms each with their own balcony, a shared full bath and a conveniently located washer and dryer. The primary en-suite bedroom on the third level features a double bowl vanity, walk-in shower, a spacious closet and its own private deck. Fenwick Landing boasts an outdoor pool, kayak storage, visitor parking, and easy access to shopping, restaurants, and the beaches. This home comes FULLY FURNISHED AND IS TURN-KEY READY. Just bring your bags and unwind. Don’t miss your chance to own a piece of paradise—schedule your showing today! Homes like this don’t stay on the market long. Perfect for boat, bird, and beach lovers, this waterfront living opportunity is waiting for you !

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris DeStefano 443-306-4474,

    Monument Sotheby's International Realty,

    Listing Team: The Serio Team

    Bought with:

    Andy Staton, RS-0016036

    Monument Sotheby's International Realty

    Source: Bright MLS,MLS#: DESU2073258MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Basement
    • Area: 0
    Heating
    • Heat Pump, Programmable Thermostat, Electric
    Cooling
    • Central Air, Programmable Thermostat, Electric
    Appliances
    • Included: Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Refrigerator, Washer, Water Heater, Electric Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, Upper Level
    Features
    • Bathroom - Tub Shower, Bathroom - Stall Shower, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Open Floorplan, Kitchen Island, Primary Bath(s), Primary Bedroom - Bay Front, Walk-In Closet(s), Vaulted Ceiling(s)
    • Flooring: Carpet, Ceramic Tile
    • Doors: Sliding Glass
    • Windows: Screens, Window Treatments
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Brick, Gas/Propane
    Interior area
    • Total structure area: 1,665
    • Total interior livable area: 1,665 sqft
    • Finished area above ground: 1,665
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Paved, Off Street, Parking Lot
    • Details: Assigned Parking
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Exterior features: Balcony
    • Pool features: Community
    • Has view: Yes
    • View description: Bay, Water
    • Has water view: Yes
    • Water view: Bay,Water
    • Waterfront features: Bayfront, Bay
    • Frontage length: Water Frontage Ft: 40
    Lot
    • Features: Bulkheaded, Fishing Available
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 53320.1998.0013
    • Zoning: M
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Materials
    • Stick Built, Vinyl Siding
    • Foundation: Crawl Space
    • Roof: Asphalt,Pitched,Shingle
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Propane - Community

    Community & HOA

    Community
    • Features: Pool
    • Security: Smoke Detector(s)
    • Condo and coop fee: $1,380 quarterly
    • Subdivision: Fenwick Landing
    HOA
    • Has HOA: No
    • Amenities included: Boat Dock/Slip, Pool, Reserved/Assigned Parking
    • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Maintenance Grounds, Pool(s)
    Location
    • Region: Selbyville

    Financial & listing details

    • Price per square foot: $390/sqft
    • Tax assessed value: $675,200
    • Annual tax amount: $1,036
    • Date on market: 10/27/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Inclusions: All Furnishings And Contents As Shown. Gas Fireplace. Deeded Boat Slip
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/10/2025Sold$650,000-5.1%$390/sqft
    Source: Bright MLS #DESU2073258 Report a problem
    12/2/2024Contingent$685,000$411/sqft
    Source: Bright MLS #DESU2073258 Report a problem
    10/27/2024Listed for sale$685,000$411/sqft
    Source: Bright MLS #DESU2073258 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,453 +30.4%$337,600 +1164.4%
    2024$1,114 +0.1%$26,700
    2023$1,113 +1.6%$26,700
    2022$1,095 +3.1%$26,700
    2021$1,063 +5.8%$26,700 +6.6%
    2020$1,004 +7.1%$25,050
    2019$938 -7.4%$25,050 -6.2%
    2018$1,013 -0.5%$26,700
    2017$1,018 +11.9%$26,700
    2016$910 -2.9%$26,700
    2015$937 +1.5%$26,700
    2014$923 -1.1%$26,700
    2013$933 -0.2%$26,700
    2012$936 +0.5%$26,700
    2011$931 $26,700
    2010$931 +0.4%$26,700
    2009$927 $26,700
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    Find assessor info on the county website

    Neighborhood: 19975

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Indian River
    • District: Indian River

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $682,400
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