NOT LISTED FOR SALE

2 Connor Ln Bethany Beach, DE 19930

Estimated Value: $1,169,000 - $2,375,000

5 Beds
3.5 Baths
3,500 Sq Ft
$486/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $1,350,000 $386 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,284/month

67 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Fishing Allowed
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Canal View
  • 4-minute walk to Bethany Beach Central Park

About This Home

As of December 2023

Step into 2 Connor Lane, where luxury and genteel living from another time still can be found. This is the most private home in Bethany Beach, yet just a short walk to the beach, boardwalk and shops in town. Originally constructed in 1959 from the finest materials as a large custom rambler, this home was relocated and renovated in 1990 to its present location, where it sits on three town lots right on the water on the Bethany Loop Canal. This beautiful and unique property is available for the first time in over 50 years, having been the family home for a prominent local Bethany Beach family since 1970. The home is situated right on the water's edge on the quiet and peaceful Loop Canal, providing a view and ambience that exists nowhere else. It is one of only a few homes that directly abut the Loop Canal, and is by far the largest and closest to the water of any. The location of the foundation and the lot coverage ratio would not be allowed under current regulations, and thus this home is literally incomparable to any other property in Bethany Beach.

Originally custom built for personal comfort and for entertaining, this 5-bedroom, 3-full bath haven is designed to accommodate all your relaxation and entertainment needs. The two very large common spaces in the main part of the home offer plenty of room to relax, gather and entertain guests. Beautiful old growth cherry hardwood floors adorn the main areas of the home. Adding to the uniqueness of this property is a gigantic 5 bay garage, offering a massive amount of storage and parking. The primary suite, complete with a large sitting room facing the waterfront, provides a serene, private oasis for you to unwind after a day of enjoying the sun and sand. The large upper deck provides plenty of opportunity to enjoy your view while enjoying the seabreeze. Positioned on the desirable East side of Route 1, you are just 2 blocks from the famed Bethany Beach boardwalk, pristine beaches, delectable restaurants, and charming boutique shopping. Tucked away in a quiet cul-de-sac of homes, this property offers both tranquility and accessibility—an ideal combination. What's more, this canal front home presents an excellent rental potential, making it an attractive investment opportunity. Whether you're seeking a year-round residence, a vacation getaway, or an income-generating property, this home has it all. This is your chance to obtain an absolutely unique and incomparable Bethany home. Don't miss this life changing opportunity to lock in a luxury Bethany Beach lifestyle for your family's next 50 years.

Last Agent to Sell the Property

Christine McCoy

Coldwell Banker Realty License #RA0031081 Listed on: 09/09/2023

Coldwell Banker Realty

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,060

Year Built

  • Built in 1970

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 120.00 x 125.00
  • 40 Feet of Waterfront
  • Home fronts a canal
  • Property is zoned TN

Parking

  • 5 Car Attached Garage
  • Front Facing Garage
  • Gravel Driveway

Home Design

  • Coastal Architecture
  • Vinyl Siding
  • Piling Construction
  • Tile

Interior Spaces

  • 3,500 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Canal Views
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Outdoor Shower
  • Canoe or Kayak Water Access
  • Property is near a canal
  • Rip-Rap
  • Deck

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 134-13.19-130.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,060

Year Built

Built in 1970

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Items that are marked will be removed.
  • Inclusions: Sold as shown
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-09-09
  • Federal Flood Zone: Yes
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Sun/Florida Room, Great Room, Primary Bathroom, Full Bath, Half Bath, Additional Bedroom
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 3500
  • Living Area Sq Ft: 3500
  • Price Per Sq Ft: 442.86
  • Above Grade Finished Sq Ft: 3500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Tile, Vinyl Siding
  • Exterior Features: Outside Shower
  • Road Surface Type: Gravel, Stone
  • View: Canal
  • Water Access Features: Fishing Allowed, Canoe/Kayak
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 40

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Parking Features: Under Home Parking, Gravel Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

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

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.20
  • Lot Dimensions: 120.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2023
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 2836.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5060.00
  • Assessor Parcel Number: 134-13.19-130.00
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 12/01/2023

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Rip-Rap

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2024
Sold by
Carton Bruce Todd and Carton Robyn Spilsbury
Bought by
Bruce T Carton Revocable Trust and Robyn S Carton Revocable Trust
Total Days on Market
67
Current Estimated Value
$1,699,333

Purchase Details

Listed on
Sep 9, 2023
Closed on
Dec 1, 2023
Sold by
Susan C Connor Revocable Trust
Bought by
Carton Bruce Todd and Carton Robyn Spilsbury
Seller's Agent
Christine McCoy
Coldwell Banker Realty
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$2,500,000
Sold Price
$1,350,000
Premium/Discount to List
-$1,150,000
-46%
Views
455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.58%

Purchase Details

Closed on
Jan 23, 2015
Sold by
Susan C Susan C
Bought by
Connor Susan C

Purchase Details

Closed on
Oct 9, 2013
Sold by
Connor Susan C and Connor Parker J
Bought by
Connor Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.24%
Mortgage Type
New Conventional
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
Bruce T Carton Revocable Trust -- None Listed On Document
Carton Bruce Todd $1,350,000 None Listed On Document
Connor Susan C -- --
Connor Susan C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Connor Susan C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $1,350,000 -12.9% $386 / Sq Ft
11/10/2023 11/10/23 Price Changed $1,550,000 -22.5% $443 / Sq Ft
10/19/2023 10/19/23 Price Changed $1,999,000 -11.2% $571 / Sq Ft
10/05/2023 10/05/23 Price Changed $2,250,000 -10.0% $643 / Sq Ft
09/09/2023 09/09/23 For Sale $2,500,000 -- $714 / 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 $3,182 $76,950 $21,600 $55,350
2023 $3,178 $76,950 $21,600 $55,350
2022 $3,127 $76,950 $21,600 $55,350
2021 $3,033 $76,950 $21,600 $55,350
2020 $2,894 $76,950 $21,600 $55,350
2019 $2,881 $76,950 $21,600 $55,350
2018 $2,910 $76,950 $0 $0
2017 $2,934 $76,950 $0 $0
2016 $2,585 $76,950 $0 $0
2015 $2,165 $76,950 $0 $0
2014 -- $76,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2046982

Bright MLS

APN: 134-13.19-130.00