NOT LISTED FOR SALE

29541 N Dune Way Bethany Beach, DE 19930

Estimated Value: $904,000 - $2,503,000

6 Beds
4 Baths
3,100 Sq Ft
$620/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $1,300,000 $419 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $11,089/month

395 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Water Access
  • Lord Baltimore Elementary School Rated A-
  • Home fronts navigable water
  • Coastal Architecture

About This Home

As of August 2019

Just reduced! Your ocean block coastal family retreat awaits. This 6 bedroom home with 4 full baths on an oversized lot is located in the private beach community of Cotton Patch Hills. Glowing with natural light, this property has 2 master suites, including one with its own private living area and large deck space. The home itself has 1,500sqft of decks and patios to maximize outdoor living space. Cotton Patch Hills is a quiet development in North Bethany known for sustaining the feeling of old Bethany charm. It has large treed lots, a private beach means crowds are not a concern, a marina with boat ramp, and tennis courts with neighboring homes designed to conform to the natural beauty of the area. Most furnishings convey. Great rental potential.

Last Agent to Sell the Property

TORIN FEDERICO

Delaware Home Valuations Listed on: 05/01/2018

Last Buyer's Agent

Nicole Harrell

Northrop Realty License #RS-0023314

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,921

Year Built

  • Built in 1968

Lot Details

  • 0.3 Acre Lot
  • Home fronts navigable water
  • Zoning described as RESIDENTIAL PLANNED COMM.

HOA Fees

  • $144 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Cottage
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home
  • Cedar

Interior Spaces

  • 3,100 Sq Ft Home
  • Property has 3 Levels
  • Wood Burning Stove
  • Wood Burning Fireplace

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-05.00-148.00

Community Details

Overview

  • Cotton Patch Hills Subdivision

Recreation

  • Boat Dock
  • Pier or Dock
  • Marina
  • Beach
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,921

Year Built

Built in 1968

Lot Details

0

HOA Fees

$144 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1968
  • Remarks Public: Just reduced! Your ocean block coastal family retreat awaits. This 6 bedroom home with 4 full baths on an oversized lot is located in the private beach community of Cotton Patch Hills. Glowing with natural light, this property has 2 master suites, including one with its own private living area and large deck space. The home itself has 1,500sqft of decks and patios to maximize outdoor living space. Cotton Patch Hills is a quiet development in North Bethany known for sustaining the feeling of old Bethany charm. It has large treed lots, a private beach means crowds are not a concern, a marina with boat ramp, and tennis courts with neighboring homes designed to conform to the natural beauty of the area. Most furnishings convey. Great rental potential.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer
  • Flooring Type: Carpet, Tile/Brick
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pillar/Post/Pier
  • Level Count: 3
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3100
  • Living Area Sq Ft: 3100
  • Net Sq Ft: 3100.00
  • Price Per Sq Ft: 467.42
  • Above Grade Finished Sq Ft: 3100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29541

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar, Vinyl Siding
  • Roof: Shingle, Asphalt
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 8
  • Parking Features: Stone Driveway, Under Home Parking
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Electric
  • Heating Type: Wood Burn Stove, Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 1726.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Dock/Slip, Marina/Marina Club, Pier/Dock, Tennis Courts
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Screened
  • Zoning: RESIDENTIAL
  • Zoning Description: RESIDENTIAL PLANNED COMM.
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5122835
  • Assessor Parcel Number: 134-05.00-148.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 08/23/2019

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Aug 23, 2019
Sold by
Warfield Charles R
Bought by
Rupp David and Rupp Judy
Seller's Agent
TORIN FEDERICO
Delaware Home Valuations
Buyer's Agent
Nicole Harrell
Northrop Realty
List Price
$1,799,000
Sold Price
$1,300,000
Premium/Discount to List
-$499,000
-27.74%
Total Days on Market
395
Current Estimated Value
$1,921,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,300
Avg. Annual Appreciation
6.98%
Original Mortgage
$1,040,000
Outstanding Balance
$920,649
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,000,651

Purchase Details

Closed on
Dec 5, 2000
Bought by
Warfield Charles Ridgely & The Cromwell
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
Rupp David $1,300,000 --
Warfield Charles Ridgely & The Cromwell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rupp David $1,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $1,300,000 -10.3% $419 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/08/2019 05/08/19 Price Changed $1,449,000 -3.1% $467 / Sq Ft
02/18/2019 02/18/19 Price Changed $1,495,000 -6.6% $482 / Sq Ft
08/22/2018 08/22/18 Price Changed $1,600,000 -9.1% $516 / Sq Ft
07/10/2018 07/10/18 Price Changed $1,760,000 -2.2% $568 / Sq Ft
05/01/2018 05/01/18 For Sale $1,799,000 -- $580 / 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 $1,921 $46,450 $14,650 $31,800
2023 $1,919 $46,450 $14,650 $31,800
2022 $1,888 $46,450 $14,650 $31,800
2021 $1,831 $46,450 $14,650 $31,800
2020 $1,747 $46,450 $14,650 $31,800
2019 $1,739 $46,450 $14,650 $31,800
2018 $1,756 $46,450 $0 $0
2017 $1,771 $46,450 $0 $0
2016 $1,560 $46,450 $0 $0
2015 $1,609 $46,450 $0 $0
2014 $1,584 $46,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001573170

Bright MLS

APN: 134-05.00-148.00