NOT LISTED FOR SALE

21 Pelicans Way S Bethany Beach, DE 19930

Estimated Value: $2,704,000 - $7,721,000

6 Beds
6 Baths
7,000 Sq Ft
$745/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $7,050,000 $1,007 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $29,909/month

2 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Ocean View
  • Beach
  • Lord Baltimore Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Sandy Beach

About This Home

As of February 2022

Luxury Oceanfront home situated on a large lot with 75 ft of ocean frontage in one of the most desirable private gated communities on the Delaware Coast. Architecturally designed for multiple generations to enjoy time together at the beach, this spacious residence offers 6 large bedrooms, 4 full and 2 half baths plus a second living room, a sizeable office, home gym and game room. Step inside to the great room with soaring ceilings and window-lined walls to capture irresistible ocean views, this area spills onto a serene oceanfront deck with an abundance of privacy and easy access to the beach cross-over. The exterior of the home was recently updated with luxury NuCedar PVC shingle siding and ipe mahogany decking. No detail was spared when designing this home which includes a hot tub, elevator, 2 garages and 2 outdoor showers. Enjoy countless views of the ocean, surf, and beach from nearly every room inside or take a step outside onto one of the many decks and balconies to immerse yourself in the tranquility of this prime location. Offered tastefully furnished, this property is located on a pristine private lifeguarded beach and is truly the essence of coastal living.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 01/12/2022

Long & Foster Real Estate, Inc.

Co-Listed By

Christi Arndt

Long & Foster Real Estate, Inc. License #RS-0023120

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 01/12/2022

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,659

Year Built

  • Built in 1995 | Remodeled in 2009

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 75 x 138 x 43 x 43 x 93
  • 75 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • West Facing Home
  • Landscaped
  • Property is zoned MR

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Piling Construction
  • Cedar

Interior Spaces

  • 7,000 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Ocean Views
  • Attic Fan

Kitchen

  • Double Oven
  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom faces the ocean
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Surveillance System
  • Storm Windows

Pool

  • Outdoor Shower
  • Spa

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Multiple Balconies
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Hot Water Heating System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 134-09.00-911.00

Community Details

Overview

  • Pelicans Pouch Subdivision

Recreation

  • Beach

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,659

Year Built

Built in 1995 | Remodeled in 2009

Lot Details

0

HOA Fees

$242 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: Exclusion List will be Uploaded by Friday
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2022-01-12
  • Federal Flood Zone: Yes
  • Year Built: 1995
  • Year Renovated: 2009
  • Automatically Close On Close Date: No
  • Remarks Public: Luxury Oceanfront home situated on a large lot with 75 ft of ocean frontage in one of the most desirable private gated communities on the Delaware Coast. Architecturally designed for multiple generations to enjoy time together at the beach, this spacious residence offers 6 large bedrooms, 4 full and 2 half baths plus a second living room, a sizeable office, home gym and game room. Step inside to the great room with soaring ceilings and window-lined walls to capture irresistible ocean views, this area spills onto a serene oceanfront deck with an abundance of privacy and easy access to the beach cross-over. The exterior of the home was recently updated with luxury NuCedar PVC shingle siding and ipe mahogany decking. No detail was spared when designing this home which includes a hot tub, elevator, 2 garages and 2 outdoor showers. Enjoy countless views of the ocean, surf, and beach from nearly every room inside or take a step outside onto one of the many decks and balconies to immerse yourself in the tranquility of this prime location. Offered tastefully furnished, this property is located on a pristine private lifeguarded beach and is truly the essence of coastal living.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Microwave, Oven - Double, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Attic/House Fan, Built-Ins, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Elevator, Floor Plan - Open, Kitchen - Island, Primary Bedroom - Ocean Front, Recessed Lighting, Walk-In Closet(s), Window Treatments
  • Window Features: Storm
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Levels Count: 4
  • Room Count: 5
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 7000
  • Living Area Sq Ft: 7000
  • Price Per Sq Ft: 899.29
  • Above Grade Finished Sq Ft: 7000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • Exterior Features: Hot Tub, Outside Shower
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 75

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Hot Water, Central, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2900.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Gated Community
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 172000.00
  • Land Assessed Value: 64400.00
  • Land Use Code: RS
  • Lot Features: Landscaping
  • Lot Size Acres: 1.15
  • Lot Dimensions: 75 X 138 X 43 X 43 X 93
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 50094.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s)
  • Year Assessed: 2021
  • Zoning: MR
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5127971
  • School Tax: 4133.00
  • Tax Annual Amount: 4659.00
  • Assessor Parcel Number: 134-09.00-911.00
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/11/2022

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 11, 2022
Sold by
Noel David R
Bought by
Riverview 5708 Associates Llc
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$6,295,000
Sold Price
$7,050,000
Premium/Discount to List
$755,000
11.99%
Total Days on Market
2
Current Estimated Value
$5,212,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,837,500
Avg. Annual Appreciation
-19.12%

Purchase Details

Listed on
Apr 19, 2014
Closed on
Sep 15, 2014
Sold by
Bauman David A and Bauman Elisa M
Bought by
Noel David R and Noel Jane S
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
List Price
$3,850,000
Sold Price
$3,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$2,500,000
Interest Rate
4.12%
Mortgage Type
Unknown
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
Riverview 5708 Associates Llc $7,050,000 None Listed On Document
Noel David R $3,850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Noel David R $1,499,000
Previous Owner Noel David R $2,460,000
Previous Owner Noel David R $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $7,050,000 +12.0% $1,007 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $6,295,000 +63.5% $899 / Sq Ft
09/15/2014 09/15/14 Sold $3,850,000 0.0% --
08/04/2014 08/04/14 Pending -- -- --
04/19/2014 04/19/14 For Sale $3,850,000 -- --
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 $4,887 $118,200 $32,200 $86,000
2023 $4,882 $118,200 $32,200 $86,000
2022 $4,803 $118,200 $32,200 $86,000
2021 $4,659 $118,200 $32,200 $86,000
2020 $4,446 $118,200 $32,200 $86,000
2019 $4,426 $118,200 $32,200 $86,000
2018 $0 $118,200 $0 $0
2017 $4,506 $118,200 $0 $0
2016 $3,971 $118,200 $0 $0
2015 $4,093 $118,200 $0 $0
2014 $4,032 $118,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2012106

Bright MLS

APN: 134-09.00-911.00