NOT LISTED FOR SALE

29543 Cove Way Bethany Beach, DE 19930

Estimated Value: $656,000 - $1,846,000

5 Beds
3 Baths
1,624 Sq Ft
$857/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $892,500 $550 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,680/month

67 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Water Oriented
  • Lord Baltimore Elementary School Rated A-
  • Marina View
  • Open Floorplan

About This Home

As of March 2020

Spectacular 5 bedroom, 3 bath home facing Cove. Recent updates including all new LVP flooring and fresh paint throughout. Fantastic wrap around low maintenance deck with amazing views.Open layout with updated kitchen with newer Stainless appliances and granite countertops. New windows recently installed throughout. High Efficiency duel system, cooling/heating. Community has access rights to both Ocean beach area and boating ramp and docks on bay side. Built-in Dumbwaiter to help bring your groceries in from the lower level up to the kitchen. Oversized two car garage with its own HVAC unit. Outdoor shower for rinsing off when getting back from the nearby beach which is within walking distance. Lush, open flat back yard great for outdoor activities. Tennis courts and boat ramps/docks are within a few hundred feet from front door. Lots of driveway parking to accommodate your guests. Great Rental potential. Don't miss scheduling this one, it is very clean, ready for quick occupation and priced to sell! Make it yours today!

Last Agent to Sell the Property

Gary Heil

Keller Williams Realty Wilmington License #RS354363 Listed on: 11/23/2019

Last Buyer's Agent

Gary Heil

Keller Williams Realty Wilmington License #RS354363 Listed on: 11/23/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,582

Year Built

  • Built in 1984

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 100.00 x 120.00
  • West Facing Home
  • Landscaped
  • No Through Street
  • Level Lot
  • Back Yard
  • Property is in good condition
  • Property is zoned 319

HOA Fees

  • $146 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Marina
  • Bay

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,624 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Dining Area
  • Storm Doors

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Accessible Home Design

  • Halls are 36 inches wide or more
  • Hearing Modifications
  • Doors are 32 inches wide or more

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Lake Privileges

Location

  • Flood Risk
  • Bayside

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 134-05.00-140.00

Community Details

Overview

  • Association fees include common area maintenance
  • Cotton Patch Hills Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Beach
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,582

Year Built

Built in 1984

Lot Details

0

HOA Fees

$146 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls, Hearing Mod
  • Ownership: Fee Simple
  • Exclusions: Personal items
  • Inclusions: All Appliances
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Remarks Public: Spectacular 5 bedroom, 3 bath home facing Cove. Recent updates including all new LVP flooring and fresh paint throughout. Fantastic wrap around low maintenance deck with amazing views.Open layout with updated kitchen with newer Stainless appliances and granite countertops. New windows recently installed throughout. High Efficiency duel system, cooling/heating. Community has access rights to both Ocean beach area and boating ramp and docks on bay side. Built-in Dumbwaiter to help bring your groceries in from the lower level up to the kitchen. Oversized two car garage with its own HVAC unit. Outdoor shower for rinsing off when getting back from the nearby beach which is within walking distance. Lush, open flat back yard great for outdoor activities. Tennis courts and boat ramps/docks are within a few hundred feet from front door. Lots of driveway parking to accommodate your guests. Great Rental potential. Don't miss scheduling this one, it is very clean, ready for quick occupation and priced to sell! Make it yours today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Energy Star Refrigerator, Oven/Range - Electric, Range Hood, Stainless Steel Appliances
  • Entry Floor: 1
  • Interior Amenities: Bar, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s)
  • Window Features: Screens, Double Pane
  • Fireplaces Count: 1
  • Door Features: Sliding Glass, Insulated, Storm
  • Wall Ceiling Types: Cathedral Ceilings, Beamed Ceilings
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1
  • Basement: No
  • Total Sq Ft: 1624
  • Living Area Sq Ft: 1624
  • Price Per Sq Ft: 584.36
  • Above Grade Finished Sq Ft: 1624
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29543

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Road Surface Type: Paved, Black Top
  • Roof: Architectural Shingle
  • View: Water, Marina, Bay
  • Water Access: No
  • Water Body Name: Beach Cove
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 6
  • Parking Features: Circular Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Multi Units, Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1750.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Boat Ramp, Beach, Tennis Courts, Water/Lake Privileges, Marina/Marina Club
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 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

  • Additional Parcels: No
  • Land Use Code: RS
  • Lot Features: Landscaping, Level, No Thru Street, Rear Yard
  • Lot Size Acres: 0.27
  • Lot Dimensions: 100.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Property Condition: Good
  • Soil Types: Sandy
  • Year Assessed: 2019
  • Zoning: 319
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 1394.00
  • Tax Annual Amount: 1582.00
  • Assessor Parcel Number: 134-05.00-140.00
  • Tax Lot: 25
  • Tax Total Finished Sq Ft: 1624
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/19/2020

Multi Family

  • Federal Flood Zone: AO

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2019
Closed on
Mar 13, 2020
Sold by
Scott Dennise
Bought by
Shaw Stephen W and Shaw Susan
Seller's Agent
Gary Heil
Keller Williams Realty Wilmington
Buyer's Agent
Gary Heil
Keller Williams Realty Wilmington
List Price
$949,000
Sold Price
$892,500
Premium/Discount to List
-$56,500
-5.95%
Total Days on Market
67
Current Estimated Value
$1,392,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,686
Avg. Annual Appreciation
9.49%
Original Mortgage
$624,750
Outstanding Balance
$558,229
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$873,380

Purchase Details

Closed on
Mar 13, 2017
Sold by
Scott Pauline A
Bought by
Scott Dennise and Scott Pauline A
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
Shaw Stephen W $892,500 None Available
Scott Dennise -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Stephen W $624,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $892,500 -6.0% $550 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
11/23/2019 11/23/19 For Sale $949,000 -- $584 / 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 $1,747 $42,250 $9,800 $32,450
2023 $1,745 $42,250 $9,800 $32,450
2022 $1,717 $42,250 $9,800 $32,450
2021 $76 $42,250 $9,800 $32,450
2020 $1,589 $42,250 $9,800 $32,450
2019 $1,194 $42,250 $9,800 $32,450
2018 $0 $42,250 $0 $0
2017 $1,611 $42,250 $0 $0
2016 $943 $42,250 $0 $0
2015 $987 $42,250 $0 $0
2014 $965 $42,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gary Heil

    Seller's Agent in 2020

    Gary Heil

    Keller Williams Realty Wilmington

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU151932

Bright MLS

APN: 134-05.00-140.00

Delaware Sussex County Bethany Beach 19930

29543 Cove Way, Bethany Beach, DE

This home is located at 29543 Cove Way, Bethany Beach, DE 19930 since 23 November 2019 and is currently estimated at $1,392,186, approximately $857 per square foot. This property was built in 1984. 29543 Cove 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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