NOT LISTED FOR SALE

115 Elizabeth Way Bethany Beach, DE 19930

Estimated Value: $872,000 - $1,018,000

3 Beds
2 Baths
1,600 Sq Ft
$577/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $806,000 $504 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,261/month

4 Days on Market

Highlights

  • Open Floorplan
  • Coastal Architecture
  • Vaulted Ceiling
  • Lord Baltimore Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of June 2022

Charming coastal home located approximately 2 blocks to the beach in South Bethany. This bright and airy beach retreat features an open inviting great room vaulted ceilings and 2 sets of double doors opening to a spacious screened porch and sun deck, creating the ideal layout for entertaining. The first floor offers 1 bedroom and bathroom, and upstairs is another bedroom and bathroom as well as a sizable loft that could easily be a 3rd bedroom. Offered furnished, this home is ready to be enjoyed. Situated just a short walk to the beautiful wide lifeguarded beach in South Bethany, just minutes away from the boardwalk, shops, and restaurants in downtown Bethany.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 04/28/2022

Long & Foster Real Estate, Inc.

Co-Listed By

Kiki Hargrove

Long & Foster Real Estate, Inc. License #RS-0020565

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 04/28/2022

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1988

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 91.00
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Block Foundation
  • Frame Construction
  • Stick Built Home

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Sandpiper Pines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 134-17.20-330.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,506

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-04-30
  • Federal Flood Zone: Yes
  • Year Built: 1988
  • Remarks Public: Charming coastal home located approximately 2 blocks to the beach in South Bethany. This bright and airy beach retreat features an open inviting great room vaulted ceilings and 2 sets of double doors opening to a spacious screened porch and sun deck, creating the ideal layout for entertaining. The first floor offers 1 bedroom and bathroom, and upstairs is another bedroom and bathroom as well as a sizable loft that could easily be a 3rd bedroom. Offered furnished, this home is ready to be enjoyed. Situated just a short walk to the beautiful wide lifeguarded beach in South Bethany, just minutes away from the boardwalk, shops, and restaurants in downtown Bethany.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Disposal, Built-In Microwave
  • Flooring Type: Wood, Carpet
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Ceiling Fan(s), Skylight(s)
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 468.44
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 115

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Exterior Features: Outside Shower
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • 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: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 91.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Porch(es), Screened, Deck(s)
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5118441
  • School Tax: 797.00
  • Tax Annual Amount: 1506.00
  • Assessor Parcel Number: 134-17.20-330.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/10/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Warren Peter Dana and Warren Megan Kraai
Bought by
Warren Megan Kraai
Total Days on Market
4
Current Estimated Value
$923,064

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 2, 2022
Sold by
Benson Robert F
Bought by
Warren Megan Kraai and Warren Peter Dana
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$749,500
Sold Price
$806,000
Premium/Discount to List
$56,500
7.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$644,800
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2010
Bought by
Benson Robert F Marilyn E Benson

Purchase Details

Closed on
Jun 30, 2010
Bought by
Benson Robert F Marilyn E Benson
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 Buyer Sale Price Title Company
Warren Megan Kraai -- None Listed On Document
Warren Megan Kraai -- None Listed On Document
Warren Megan Kraai $32,240 Parsons & Robinson Pa
Benson Robert F Marilyn E Benson $435,000 --
Benson Robert F Marilyn E Benson $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warren Megan Kraai $644,800
Previous Owner Benson Robert Frederick $320,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $806,000 +7.5% $504 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $749,500 -- $468 / 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 $943 $22,800 $6,250 $16,550
2023 $942 $22,800 $6,250 $16,550
2022 $927 $22,800 $6,250 $16,550
2021 $899 $22,800 $6,250 $16,550
2020 $858 $22,800 $6,250 $16,550
2019 $854 $22,800 $6,250 $16,550
2018 $862 $22,800 $0 $0
2017 $869 $22,800 $0 $0
2016 $766 $22,800 $0 $0
2015 $790 $22,800 $0 $0
2014 $778 $22,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2020688

Bright MLS

APN: 134-17.20-330.00