NOT LISTED FOR SALE

29770 Ocean Ridge Dr Bethany Beach, DE 19930

Estimated Value: $2,971,000 - $3,210,000

5 Beds
5.5 Baths
2,744 Sq Ft
$1,126/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $3,225,000 $1,175 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $17,693/month

36 Days on Market

Highlights

  • Ocean View
  • Home fronts navigable water
  • Gated Community
  • Lord Baltimore Elementary School Rated A-
  • Private Water Access
  • Open Floorplan

About This Home

As of April 2024

Welcome to your ocean-side oasis! This well maintained home is located in Ocean Ridge - a community offering gated entrance, pool, tennis and private guarded beach access. This home is positioned just one lot off the oceanfront and across from the beach walkway, affording it water views. This exquisite home features open floor plan, perfect for modern living and entertaining. The first floor features a tile foyer 3 roomy bedrooms and 3 updated bathrooms as well as a laundry room and sitting room with access to a deck. The main level features the great room which is anchored by a cozy stone fireplace, ideal for chilly evenings by the ocean. Vaulted ceilings highlight the open floor plan of the great room, dining room and kitchen. Large windows flood the space with natural lighting and offers stunning views of the ocean. The heart of the home is the kitchen, complete with a large island, perfect for meal prep and causal dining. The open layout allows for seamless flow between the kitchen, dining area and living room, creating a welcome and inclusive atmosphere. There are 2 more bedrooms and 2 updated full bathrooms on the main level. Each bedroom is a private retreat, offering comfort and style, while the bathrooms feature modern fixtures and finishes. Outside you will find multiple decks one of which is screened-in, perfect for enjoying the ocean breeze and breathtaking views. Plus, this remarkable home features a den off the great room that is ideal for reading a book, playing video games or taking a much deserved nap. Another surprise of this oceanside oasis is the third level seating area with private deck to capture the amazing sunrises. The ground level contains a half bath and outside you will find the outdoor shower, two storage rooms, covered and uncovered parking for plenty of cars. There is also hurricane shutters. Whether you are hosting a barbeque with friends or simply relaxing with a book, this outdoor space is sure to impress. This home is being sold equipped and fully furnished.Don't miss your chance to own this ocean-side paradise!The home is currently rented through Long & Foster and has bookings for the summer.

Last Agent to Sell the Property

Christine Springer

Long & Foster Real Estate, Inc. License #RS0037796 Listed on: 03/04/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Joyce Henderson

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,245

Year Built

  • Built in 1991

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60.00 x 137.00
  • Home fronts navigable water
  • Landscaped
  • Property is in very good condition
  • Property is zoned MR

HOA Fees

  • $157 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Piling Construction

Interior Spaces

  • 2,744 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Stone Fireplace
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Ocean Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 4 Driveway Spaces
  • 2 Attached Carport Spaces
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Private Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Deck
  • Screened Patio

Utilities

  • Forced Air Heating and Cooling System
  • Multi-Tank Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 18
  • Assessor Parcel Number 134-09.00-820.00

Community Details

Overview

  • Association fees include common area maintenance, security gate
  • Ocean Ridge Subdivision
  • Property Manager

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,245

Year Built

Built in 1991

Lot Details

0

HOA Fees

$157 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Inclusions: Fully furnished including pots, pans, utensils, towels and all bedding.
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main
  • Federal Flood Zone: No
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your ocean-side oasis! This well maintained home is located in Ocean Ridge - a community offering gated entrance, pool, tennis and private guarded beach access. This home is positioned just one lot off the oceanfront and across from the beach walkway, affording it water views. This exquisite home features open floor plan, perfect for modern living and entertaining. The first floor features a tile foyer 3 roomy bedrooms and 3 updated bathrooms as well as a laundry room and sitting room with access to a deck. The main level features the great room which is anchored by a cozy stone fireplace, ideal for chilly evenings by the ocean. Vaulted ceilings highlight the open floor plan of the great room, dining room and kitchen. Large windows flood the space with natural lighting and offers stunning views of the ocean. The heart of the home is the kitchen, complete with a large island, perfect for meal prep and causal dining. The open layout allows for seamless flow between the kitchen, dining area and living room, creating a welcome and inclusive atmosphere. There are 2 more bedrooms and 2 updated full bathrooms on the main level. Each bedroom is a private retreat, offering comfort and style, while the bathrooms feature modern fixtures and finishes. Outside you will find multiple decks one of which is screened-in, perfect for enjoying the ocean breeze and breathtaking views. Plus, this remarkable home features a den off the great room that is ideal for reading a book, playing video games or taking a much deserved nap. Another surprise of this oceanside oasis is the third level seating area with private deck to capture the amazing sunrises. The ground level contains a half bath and outside you will find the outdoor shower, two storage rooms, covered and uncovered parking for plenty of cars. There is also hurricane shutters. Whether you are hosting a barbeque with friends or simply relaxing with a book, this outdoor space is sure to impress. This home is being sold equipped and fully furnished. Don't miss your chance to own this ocean-side paradise! The home is currently rented through Long & Foster and has bookings for the summer.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven - Wall, Refrigerator, Washer, Water Heater, Cooktop, Dryer, Extra Refrigerator/Freezer
  • Entry Floor: 1
  • Flooring Type: Hardwood, Partially Carpeted
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island, Pantry, Recessed Lighting, Tub Shower, Upgraded Countertops, Window Treatments, Wood Floors
  • Window Features: Screens, Sliding
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2744
  • Living Area Sq Ft: 2744
  • Price Per Sq Ft: 1275.51
  • Above Grade Finished Sq Ft: 2744
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29770

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 3
  • Lower Level Bedroom: 3
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 4
  • Lower Levels Bathrooms: 3.00
  • Lower Levels 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 3
  • Lower Level Half Bathroom: 1
  • Lower Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Spa: No
  • View: Ocean
  • Water Access Features: Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Carport, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric, Multi-Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 940.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Gated Community, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Security Gate
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Features: Landscaping
  • Lot Size Acres: 0.18
  • Lot Dimensions: 60.00 x 137.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Outdoor Living Structures: Deck(s), Screened
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: MR
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 2003.00
  • Tax Annual Amount: 2245.00
  • Assessor Parcel Number: 134-09.00-820.00
  • Tax Lot: 18
  • Tax Total Finished Sq Ft: 1582
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/29/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 29, 2024
Sold by
Sheats P Lloyd P and Sheats Sharyn M
Bought by
Giulieri Family Trust and Giulieri
Seller's Agent
Christine Springer
Long & Foster Real Estate, Inc.
Buyer's Agent
Joyce Henderson
Coldwell Banker Realty
List Price
$3,500,000
Sold Price
$3,225,000
Premium/Discount to List
-$275,000
-7.86%
Total Days on Market
36
Views
61
Current Estimated Value
$3,090,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$134,500
Avg. Annual Appreciation
-29.67%
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
Giulieri Family Trust $3,225,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $3,225,000 -7.9% $1,175 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $3,500,000 0.0% $1,276 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $3,500,000 -- $1,276 / 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 $2,247 $54,350 $10,200 $44,150
2023 $2,245 $54,350 $10,200 $44,150
2022 $2,209 $54,350 $10,200 $44,150
2021 $2,142 $54,350 $10,200 $44,150
2020 $2,044 $54,350 $10,200 $44,150
2019 $2,035 $54,350 $10,200 $44,150
2018 $2,055 $54,350 $0 $0
2017 $2,072 $54,350 $0 $0
2016 $1,826 $54,350 $0 $0
2015 $1,882 $54,350 $0 $0
2014 $1,854 $54,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2056646

Bright MLS

APN: 134-09.00-820.00