NOT LISTED FOR SALE

Estimated Value: $1,796,045 - $2,676,000

4 Beds
3 Baths
2,490 Sq Ft
$940/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $1,765,000 $709 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $13,037/month

42 Days on Market

Highlights

  • Spa
  • Water Oriented
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Gourmet Kitchen
  • Deck

About This Home

As of October 2020

This amazing and charming coastal cottage situated on a lushly landscaped home site is just steps to the beautiful Atlantic Ocean and Bethany Beach's boardwalk. This luxurious and sophisticated home has been extensively remodeled over the years with gorgeous finishes and details. You enter into an inviting and cozy screened porch, perfect to watch lightning bugs in the evening or neighbors out for their evening walk to the boardwalk. Through the front door is a living room with a gas fireplace for those chilly evenings, then into the awesome kitchen with painted upgraded cabinetry and counter tops, backsplash, farmer's kitchen sink, new refrigerator, gas stove for cooking, a wine cooler and a dry bar. At the back of the house you will discover a family/dining room area with lots of windows to enjoy the beautiful landscaping and sunshine. There is also a first floor bedroom and access to fantastic full bath. Upstairs is a guest bedroom with a Jack and Jill bath between the 2nd guest room which is really a special place because of the loft bedroom space and finally the master ensuite which is a breathtaking room with loads of space, built-ins, an amazing bathroom with a huge walk in shower plus a private deck to enjoy the early morning sunrises with your coffee and your quiet time. Outside you will see lots of great spaces to entertain, a hot tub to relax after along day at the beach, a spacious deck for a night of fresco dining and drinks, a flagstone patio for conversation, an outdoor shower, a shed for your beach goods and the entire yard is fenced in with a white picket fence. Bethany has outstanding free entertainment on the boardwalk in the summertime, life guarded beaches, a variety of shops and restaurants and a Sunday morning farmer's market in the summer. All these wonderful attractions makes Bethany a perfect beach town.

Last Agent to Sell the Property

VICKIE YORK

vickie@bethanysbest.com VICKIE YORK AT THE BEACH REALTY Listed on: 07/10/2020

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,841

Year Built

  • Built in 1945 | Remodeled in 2007

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40 x 125
  • Property is Fully Fenced
  • Landscaped
  • Sprinkler System
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Bungalow
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,490 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Dining Area
  • Stacked Washer and Dryer
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Down Draft Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Walk-in Shower

Home Security

  • Home Security System
  • Storm Doors

Parking

  • Gravel Driveway
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Location

  • Flood Risk

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 134-13.16-140.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,841

Year Built

Built in 1945 | Remodeled in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Inclusions: Furnished with exclusions. See attached.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-07-14
  • Federal Flood Zone: Yes
  • Year Built: 1945
  • Year Renovated: 2007
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop - Down Draft, Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Oven - Double, Oven - Self Cleaning, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Attic, Breakfast Area, Entry Level Bedroom, Ceiling Fan(s), Window Treatments, Dining Area, Kitchen - Gourmet, Recessed Lighting, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Primary Bedroom
  • Basement: No
  • Total Sq Ft: 2490
  • Living Area Sq Ft: 2490
  • Net Sq Ft: 1900.00
  • Price Per Sq Ft: 738.55
  • Above Grade Finished Sq Ft: 2490
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Wood Siding
  • Exterior Features: Hot Tub, Outside Shower, Outbuilding(s), Lawn Sprinkler
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Lot Info

  • Fencing: Fully
  • Lot Features: Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40 x 125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Screened
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5109059
  • Tax Annual Amount: 2841.00
  • Assessor Parcel Number: 134-13.16-140.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2022
Sold by
Lederer Matthew R
Bought by
Emily N Lederer Revocable Trust
Current Estimated Value
$2,457,166

Purchase Details

Listed on
Jul 10, 2020
Closed on
Oct 5, 2020
Sold by
Girouard John E and Girouard Colleen M
Bought by
Lederer Matthew R and Lederer Emily N
Seller's Agent
VICKIE YORK
VICKIE YORK AT THE BEACH REALTY
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,949,900
Sold Price
$1,765,000
Premium/Discount to List
-$184,900
-9.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Emily N Lederer Revocable Trust -- Fuqua Willard & Schab Pa
Lederer Matthew R $1,765,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $1,765,000 -4.0% $709 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
07/25/2020 07/25/20 Price Changed $1,839,000 -5.7% $739 / Sq Ft
07/10/2020 07/10/20 For Sale $1,949,900 -- $783 / 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 $3,790 $33,150 $12,000 $21,150
2024 $1,395 $33,150 $12,000 $21,150
2023 $1,393 $33,150 $12,000 $21,150
2022 $1,347 $33,150 $12,000 $21,150
2021 $1,307 $33,150 $12,000 $21,150
2020 $1,247 $33,150 $12,000 $21,150
2019 $1,241 $33,150 $12,000 $21,150
2018 $1,253 $33,150 $0 $0
2017 $1,264 $33,150 $0 $0
2016 $1,114 $33,150 $0 $0
2015 $1,148 $33,150 $0 $0
2014 $1,131 $33,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU164144

Bright MLS

APN: 134-13.16-140.00