$630,000
SOLD MAR 27, 2013

29583 Cove Way Bethany Beach, DE 19930

5 Beds
3 Baths
-- Sq Ft
0.27 Acres

Recently Sold

141 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Water Access
  • Lord Baltimore Elementary School Rated A-
  • 1 Dock Slip
  • Bay View

About This Home

As of August 2023

This 5 bedroom home offers a private community beach, marina, and tennis. Large screened porch and HUGE deck with awning! Seller will consider owner financing with 20% down.

Last Agent to Sell the Property

MICKEY DOWNES

Coldwell Banker Realty Listed on: 09/05/2012

Last Buyer's Agent

Ann Raskauskas

BETHANY AREA REALTY LLC License #RB-0020092

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,340

Year Built

  • Built in 1974

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Asphalt Roof
  • Plywood Siding Panel T1-11
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Partially Furnished
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Bay Views
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Covered Parking
  • Stone Driveway

Outdoor Features

  • Water Access
  • 1 Dock Slip
  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Hookup Available For Sewer

Additional Features

  • Partially Fenced Property
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-05.00-136.00

Community Details

Overview

  • Cotton Patch Hills Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,340

Year Built

Built in 1974

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Tile/Brick, Vinyl
  • Interior Amenities: Attic, Breakfast Area
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 29583

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Construction Materials: Stick Built, T-1-11
  • Construction Completed: Yes
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle, Asphalt
  • View: Bay
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway
  • Garage Features: Covered Parking

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Wood Burn Stove, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Sewer Expenses: 900.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 1300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Boat Dock/Slip, Marina/Marina Club, Tennis Courts
  • HOA: Yes

Schools

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

Lot Info

  • Fencing: Partially
  • Outdoor Living Structures: Deck(s), Porch(es), Screened

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 134-05.00-136.00
  • County Tax Payment Frequency: Annually
  • Close Date: 03/27/2013

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Aug 23, 2023
Sold by
Ercole Robert M and Ercole Maureen M
Bought by
Mathis Vincent Winslow and Mathis Katherine Smith
Seller's Agent
Jay Kramer
Coldwell Banker Realty
Buyer's Agent
Christine McCoy
Coldwell Banker Realty
List Price
$1,125,000
Sold Price
$1,150,000
Premium/Discount to List
$25,000
2.22%
Views
47
Current Estimated Value
$1,248,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,969
Avg. Annual Appreciation
4.35%

Purchase Details

Listed on
Sep 5, 2012
Closed on
Mar 28, 2013
Sold by
Pennybob Llc
Bought by
Ercole Robert M and Ercole Maureen M
Seller's Agent
MICKEY DOWNES
Coldwell Banker Realty
Buyer's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
List Price
$630,000
Sold Price
$630,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$504,000
Interest Rate
3.55%
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 Type Sale Price Title Company
Deed $1,150,000 None Listed On Document
Deed $630,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $393,000 Adjustable Rate Mortgage/ARM
Previous Owner $504,000 New Conventional
Previous Owner $504,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $1,150,000 +2.2% $1,170 / Sq Ft
06/12/2023 06/12/23 For Sale $1,125,000 +78.6% $1,144 / Sq Ft
03/27/2013 03/27/13 Sold $630,000 0.0% --
01/24/2013 01/24/13 Pending -- -- --
09/05/2012 09/05/12 For Sale $630,000 -- --
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 $1,340 $32,400 $9,800 $22,600
2023 $1,338 $32,400 $9,800 $22,600
2022 $1,317 $32,400 $9,800 $22,600
2021 $1,277 $32,400 $9,800 $22,600
2020 $1,219 $32,400 $9,800 $22,600
2019 $1,213 $32,400 $9,800 $22,600
2018 $1,225 $32,400 $0 $0
2017 $1,235 $32,400 $0 $0
2016 $1,088 $32,400 $0 $0
2015 $1,075 $32,400 $0 $0
2014 $1,059 $31,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000968508

Bright MLS

APN: 134-05.00-136.00