NOT LISTED FOR SALE

134 New Castle Dr Bethany Beach, DE 19930

Estimated Value: $1,305,000 - $1,443,000

4 Beds
3 Baths
2,643 Sq Ft
$529/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $1,325,000 $501 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,722/month

80 Days on Market

Highlights

  • 50 Feet of Waterfront
  • 1 Dock Slip
  • Open Floorplan
  • Lord Baltimore Elementary School Rated A-
  • Access to Tidal Water
  • Canal View

About This Home

As of April 2024

Steps to the ocean, water access in your back yard, private boat dock and ramp – this home has it all! 134 New Castle Drive is a beautifully appointed canal front, custom home! Built in 2000, this 4 bedroom, 3 bath coastal home has been tastefully updated in recent years with a new kitchen, updated bathrooms, fresh paint, new roof in 2022, new rear fencing, composite decking, and more! The multiple living areas, both indoor and outdoors, feature beautiful canal views, the sound of the ocean waves and plenty of room for family and friends to enjoy a convenient South Bethany location. This home has been enjoyed as a vacation home through the years, although has great potential as an investment. Being sold fully furnished for convenience. This is a rare opportunity to enjoy the ocean as well as private canal access – do not hesitate!

Last Agent to Sell the Property

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 11/24/2023

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Suzanne Macnab

RE/MAX Coastal License #RS-0012856

RE/MAX Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,067

Year Built

  • Built in 2000

Lot Details

  • 4,793 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Cleared Lot
  • Back Yard Fenced
  • Property is in excellent condition
  • Property is zoned TN

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Stone Driveway
  • Gravel Driveway

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,643 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Dining Room
  • Den
  • Recreation Room
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Personal Watercraft
  • Bulkhead
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock Against Bulkhead
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Porch

Location

  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • South Bethany Property Owners Association
  • South Bethany Harbor Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 134-17.19-191.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,067

Year Built

Built in 2000

Lot Details

0

HOA Fees

$2 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary, Reverse
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: All decorative items and staging items such as pillows, linens, lamps accessories and greenery. 2 rattan chairs on ground level and shelving unit on 2nd level are the only furniture pieces that do not convey.
  • Inclusions: All appliances, fixtures and furnishings.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Steps to the ocean, water access in your back yard, private boat dock and ramp – this home has it all! 134 New Castle Drive is a beautifully appointed canal front, custom home! Built in 2000, this 4 bedroom, 3 bath coastal home has been tastefully updated in recent years with a new kitchen, updated bathrooms, fresh paint, new roof in 2022, new rear fencing, composite decking, and more! The multiple living areas, both indoor and outdoors, feature beautiful canal views, the sound of the ocean waves and plenty of room for family and friends to enjoy a convenient South Bethany location. This home has been enjoyed as a vacation home through the years, although has great potential as an investment. Being sold fully furnished for convenience. This is a rare opportunity to enjoy the ocean as well as private canal access – do not hesitate!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Extra Refrigerator/Freezer, Icemaker, Dishwasher, Disposal, Microwave, Dryer, Water Heater, Washer, Exhaust Fan, Stainless Steel Appliances
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Window Treatments, Ceiling Fan(s), Kitchen - Island, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Carpet, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Family Room Off Kitchen, Pantry, Bathroom - Tub Shower, Upgraded Countertops, Wood Floors
  • Window Features: Screens, Sliding
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Dining Room, Kitchen, Family Room, Den, Bedroom 1, Laundry, Recreation Room, Bathroom 1
  • Basement: No
  • Laundry Type: Lower Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2643
  • Living Area Sq Ft: 2643
  • Price Per Sq Ft: 520.24
  • Above Grade Finished Sq Ft: 2643
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 134

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
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Frame
  • Exterior Features: Exterior Lighting
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • View: Canal, Water
  • Water Access Features: Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Name: Assawoman Bay
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Crushed Stone, Stone Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 11
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 4
  • Off Street Parking Spaces: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Fixed Wireless

Condo/Co-op/Association

  • HOA Fees: 25.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: SOUTH BETHANY PROPERTY OWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Fencing: Rear
  • Lot Features: Bulkheaded, Cleared, Rear Yard
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4793.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Excellent
  • Zoning: TN
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 1186.70
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2066.51
  • Assessor Parcel Number: 134-17.19-191.01
  • Tax Lot: 20
  • Tax Total Finished Sq Ft: 720
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/04/2024

Multi Family

  • Federal Flood Zone: AE6
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2023
Closed on
Apr 4, 2024
Sold by
Margo L Fitzpatrick Trust and Fitzpatrick Margo L
Bought by
Ginzburg Serge and Eng Tara L
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Suzanne Macnab
RE/MAX Coastal
List Price
$1,475,000
Sold Price
$1,325,000
Premium/Discount to List
-$150,000
-10.17%
Views
208
Current Estimated Value
$1,399,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,077
Avg. Annual Appreciation
2.09%
Original Mortgage
$1,060,000
Outstanding Balance
$1,049,023
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$314,908

Purchase Details

Closed on
May 15, 1999
Bought by
Fitzpatrick Margo L (Trustee)
Source: Public Records

Range of Values:

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Average Value
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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
Ginzburg Serge $1,325,000 None Listed On Document
Fitzpatrick Margo L (Trustee) $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ginzburg Serge $1,060,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $1,325,000 -3.6% $501 / Sq Ft
02/07/2024 02/07/24 Price Changed $1,375,000 -6.8% $520 / Sq Ft
11/24/2023 11/24/23 For Sale $1,475,000 -- $558 / 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 $1,331 $32,200 $5,000 $27,200
2023 $1,330 $32,200 $5,000 $27,200
2022 $1,308 $32,200 $5,000 $27,200
2021 $1,269 $32,200 $5,000 $27,200
2020 $1,211 $32,200 $5,000 $27,200
2019 $1,206 $32,200 $5,000 $27,200
2018 $1,218 $32,200 $0 $0
2017 $1,228 $32,200 $0 $0
2016 $1,082 $32,200 $0 $0
2015 $1,115 $32,200 $0 $0
2014 $1,098 $32,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2051662

Bright MLS

APN: 134-17.19-191.01