NOT LISTED FOR SALE

20 N Pelicans Way Bethany Beach, DE 19930

Estimated Value: $549,588 - $2,205,000

5 Beds
4 Baths
4,000 Sq Ft
$390/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $2,950,000 $738 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $9,199/month

227 Days on Market

Highlights

  • Ocean View
  • Private Beach
  • Oceanside
  • Lord Baltimore Elementary School Rated A-
  • Water Oriented
  • Open Floorplan

About This Home

As of July 2021

Sun, sand, & surf! Start making memories in this fantastic beach home located "one off" the ocean in the private, gated North Bethany Community of Pelican's Pouch. Lots of natural light, Hardwood floors, open floor plan, 2nd living area, Primary suite with home office & private deck overlooking the ocean, recently replaced HVAC, recently replaced hot water heater, multiple decks on each level and a screened porch, oversized back yard with plenty of room to create an outdoor kitchen with fire pit & outdoor spa. This home is a perfect place to get away from it all or utilize as a rental. Projected income for this house is over $100,000 per year.

Last Agent to Sell the Property

Ann Raskauskas

BETHANY AREA REALTY LLC License #RB-0020092 Listed on: 10/14/2020

Last Buyer's Agent

Ann Raskauskas

BETHANY AREA REALTY LLC License #RB-0020092 Listed on: 10/14/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,229

Year Built

  • Built in 1995

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 98.00 x 106.00
  • Private Beach
  • Cul-De-Sac
  • Landscaped
  • Planted Vegetation
  • Secluded Lot
  • Cleared Lot
  • Back and Side Yard
  • Property is zoned MR

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Frame Construction

Interior Spaces

  • 4,000 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Ocean Views
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 4 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Flood Lights

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Oceanside
  • Multiple Balconies
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Grill
  • Wrap Around Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • No Septic System

Community Details

  • Pelicans Pouch Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 134-09.00-922.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,229

Year Built

Built in 1995

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Furniture, artwork, personal items, contents of all closets and drawers
  • Inclusions: To be sold unfurnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Remarks Public: Sun, sand, & surf! Start making memories in this fantastic beach home located "one off" the ocean in the private, gated North Bethany Community of Pelican's Pouch. Lots of natural light, Hardwood floors, open floor plan, 2nd living area, Primary suite with home office & private deck overlooking the ocean, recently replaced HVAC, recently replaced hot water heater, multiple decks on each level and a screened porch, oversized back yard with plenty of room to create an outdoor kitchen with fire pit & outdoor spa. This home is a perfect place to get away from it all or utilize as a rental. Projected income for this house is over $100,000 per year.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven - Self Cleaning, Refrigerator, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Stall Shower
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 4000
  • Price Per Sq Ft: 737.50
  • Above Grade Finished Sq Ft: 4000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Bbq Grill, Exterior Lighting, Flood Lights, Outside Shower, Private Beach
  • View: Ocean
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

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
  • Security: Electric Alarm, Monitored, Security System, Smoke Detector
  • Sewer/Septic System: No Septic System
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2900.00
  • Condo Co-Op Fee Frequency: Annually
  • 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 Features: Cleared, Cul-De-Sac, Landscaping, Rear Yard, Secluded, Sideyard(s), Vegetation Planting
  • Lot Size Acres: 0.23
  • Lot Dimensions: 98.00 x 106.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Outdoor Living Structures: Balcony, Balconies- Multiple, Deck(s), Porch(es), Screened, Wrap Around
  • Year Assessed: 2020
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5127984
  • School Tax: 1965.00
  • Tax Annual Amount: 2229.00
  • Assessor Parcel Number: 134-09.00-922.00
  • Tax Lot: 23
  • Tax Total Finished Sq Ft: 1226
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/30/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Jul 30, 2021
Sold by
Derosa A Michael A and Derosa Sharon
Bought by
Kugler Mitchel B and Kugler Chris A
Seller's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
Buyer's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
List Price
$3,049,000
Sold Price
$2,950,000
Premium/Discount to List
-$99,000
-3.25%
Total Days on Market
227
Current Estimated Value
$1,559,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,390,804
Avg. Annual Appreciation
-8.52%
Original Mortgage
$1,917,500
Outstanding Balance
$1,762,303
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$333,197

Purchase Details

Closed on
Jun 14, 1991
Bought by
Sharon Derosa A and Sharon Derosa
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
Kugler Mitchel B $2,950,000 None Available
Sharon Derosa A $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kugler Mitchel B $1,917,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $2,950,000 0.0% $738 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/21/2021 05/21/21 Price Changed $2,950,000 -3.2% $738 / Sq Ft
02/27/2021 02/27/21 For Sale $3,049,000 +3.4% $762 / Sq Ft
02/26/2021 02/26/21 Off Market $2,950,000 -- --
12/11/2020 12/11/20 Price Changed $3,049,000 -4.7% $762 / Sq Ft
10/14/2020 10/14/20 For Sale $3,200,000 -- $800 / 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 $2,450 $59,250 $19,000 $40,250
2023 $2,447 $59,250 $19,000 $40,250
2022 $2,408 $59,250 $19,000 $40,250
2021 $2,312 $59,250 $19,000 $40,250
2020 $2,229 $59,250 $19,000 $40,250
2019 $2,219 $59,250 $19,000 $40,250
2018 $0 $59,250 $0 $0
2017 $2,259 $59,250 $0 $0
2016 $1,991 $59,250 $0 $0
2015 $2,052 $59,250 $0 $0
2014 $2,021 $59,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ann Raskauskas

    Seller's Agent in 2021

    Ann Raskauskas

    BETHANY AREA REALTY LLC

    (302) 245-2154

    46 in this area

    85 Total Sales

    Ann Raskauskas
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU168516

Bright MLS

APN: 134-09.00-922.00

Delaware Sussex County Bethany Beach 19930

20 N Pelicans Way, Bethany Beach, DE

This home is located at 20 N Pelicans Way, Bethany Beach, DE 19930 since 14 October 2020 and is currently estimated at $1,559,196, approximately $389 per square foot. This property was built in 1995. 20 N Pelicans Way is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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