29627 S Cotton Way Bethany Beach, DE 19930
Estimated Value: $467,935 - $2,437,000
5
Beds
4
Baths
2,720
Sq Ft
$596/Sq Ft
Est. Value
Highlights
- 80 Feet of Waterfront
- Marina
- Primary bedroom faces the ocean
- Lord Baltimore Elementary School Rated A-
- Ocean View
- Boat Ramp
About This Home
As of October 2018Classic coastal architecture defines this oceanfront property which boasts sweeping 180-degree panoramic views of the Atlantic Ocean from both interior and exterior living spaces. The private beach, accessed by a direct walkway, is simply steps away from this timeless home which has been owned by one family and never rented. Two spacious oceanfront decks provide plenty of room for dining al fresco, watching beautiful sunsets, and simply relaxing to the sounds of the quiet beach and waves. Inside, the craftsmanship of this home is evident with its exposed beam ceilings, knotty pine walls, custom cabinetry, and massive stone fireplace perfect for building cozy fires on chilly evenings. Four of the five bedrooms overlook the ocean for beautiful morning sunrises. A first-floor mudroom is an ideal place to leave sand and water toys after an outside shower following a day at the beach. The huge garages provide plenty of storage space and room for up to 10 vehicles to park in large driveway. The community of Cotton Patch Hills is the only North Bethany community to offer access to both the bay and the beach. Boat ramp and slips are offered as available at the private marina on the bay side and community tennis courts provide outdoor fun. This exceptional home is located close to downtown Bethany Beach, a low-key coastal town with stylish shops, gourmet restaurants, healthy outdoor activities, and live entertainment. Enjoy the convenience of exploring nearby Fenwick Island, Dewey & Rehoboth Beach and Lewes while returning at the end of the day to your own private oceanfront enclave to relax and rejuvenate.
Last Agent to Sell the Property
Monument Sotheby's International Realty Listed on: 07/10/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,348
Year Built
- Built in 1987
Lot Details
- 0.28 Acre Lot
- 80 Feet of Waterfront
- Home fronts navigable water
- Private Beach
- Cul-De-Sac
HOA Fees
- $142 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 8 Open Parking Spaces
- Front Facing Garage
- Garage Door Opener
- Stone Driveway
- Parking available for a boat
Property Views
- Ocean
- Panoramic
Home Design
- Coastal Architecture
- Wood Walls
- Frame Construction
- Shake Roof
- Shingle Roof
- Wood Roof
- Wood Siding
- Shake Siding
- Piling Construction
- Copper Plumbing
- Cedar
Interior Spaces
- 2,720 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Partially Furnished
- Built-In Features
- Bar
- Beamed Ceilings
- Wood Ceilings
- Ceiling Fan
- Wood Burning Fireplace
- Screen For Fireplace
- Insulated Windows
- Window Treatments
- Window Screens
- Sliding Doors
- Insulated Doors
- Mud Room
- Great Room
- Family Room Off Kitchen
- Sitting Room
- Dining Room
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Range Hood
- Microwave
- Extra Refrigerator or Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- Primary bedroom faces the ocean
- En-Suite Primary Bedroom
- Cedar Closet
- Walk-In Closet
Laundry
- Laundry on upper level
- Electric Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Access to Tidal Water
- Private Water Access
- Property is near an ocean
- Boat or Launch Ramp
- Private Dock Site
- Powered Boats Permitted
- Tennis Courts
- Deck
Location
- Flood Risk
Utilities
- Zoned Heating and Cooling System
- Heat Pump System
- 120/240V
- Propane
- 60+ Gallon Tank
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot -270.00
- Assessor Parcel Number 134-05.00-270.00
Community Details
Overview
- Association fees include common area maintenance, management, pier/dock maintenance, road maintenance
- Built by Frank Rickards
- Cotton Patch Hills Subdivision
- Property Manager
Recreation
- Boat Ramp
- Boat Dock
- Marina
- Beach
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 14, 2020
Sold by
Barth-Cohen Edward
Bought by
Qprt Edward B Cohen 2020
Total Days on Market
56
Current Estimated Value
Purchase Details
Listed on
Jul 10, 2018
Closed on
Oct 19, 2018
Sold by
Baker James P and Baker Joseph J
Bought by
Cohen Edward B
Seller's Agent
Kathleen Schell
Monument Sotheby's International Realty
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$3,250,000
Sold Price
$2,990,785
Premium/Discount to List
-$259,215
-7.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.23%
Purchase Details
Closed on
May 23, 1984
Bought by
Baker James P Jennifer Baker Moore
Similar Homes in Bethany Beach, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Qprt Edward B Cohen 2020 | -- | None Available | |
| Cohen Edward B | $2,990,785 | -- | |
| Baker James P Jennifer Baker Moore | $325,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Baker James P | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2018 10/19/18 | Sold | $2,990,785 | -8.0% | $1,100 / Sq Ft |
| 09/04/2018 09/04/18 | Pending | -- | -- | -- |
| 07/28/2018 07/28/18 | For Sale | $3,250,000 | 0.0% | $1,195 / Sq Ft |
| 07/17/2018 07/17/18 | Pending | -- | -- | -- |
| 07/10/2018 07/10/18 | For Sale | $3,250,000 | -- | $1,195 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,650 | $61,600 | $32,800 | $28,800 |
| 2023 | $2,648 | $61,600 | $32,800 | $28,800 |
| 2022 | $2,503 | $61,600 | $32,800 | $28,800 |
| 2021 | $2,428 | $61,600 | $32,800 | $28,800 |
| 2020 | $2,317 | $61,600 | $32,800 | $28,800 |
| 2019 | $2,307 | $61,600 | $32,800 | $28,800 |
| 2018 | $2,329 | $61,600 | $0 | $0 |
| 2017 | $2,348 | $61,600 | $0 | $0 |
| 2016 | $2,069 | $61,600 | $0 | $0 |
| 2015 | $2,133 | $61,600 | $0 | $0 |
| 2014 | $2,101 | $61,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kathleen Schell
Seller's Agent in 2018
Kathleen Schell
OCEAN ATLANTIC SOTHEBYS
(302) 841-0549
1 in this area
21 Total Sales
-
Justin Healy
Seller Co-Listing Agent in 2018
Justin Healy
OCEAN ATLANTIC SOTHEBYS
(302) 542-6610
1 in this area
22 Total Sales
-
Leslie Kopp
Buyer's Agent in 2018
Leslie Kopp
Long & Foster
(302) 542-3917
411 in this area
779 Total Sales
-
Christi Arndt
Buyer Co-Listing Agent in 2018
Christi Arndt
Long & Foster
(302) 245-5223
81 in this area
128 Total Sales
Map
Source: Bright MLS
MLS Number: 1002017670
APN: 134-05.00-270.00
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