NOT LISTED FOR SALE

Estimated Value: $4,362,000 - $6,798,000

7 Beds
5.5 Baths
4,500 Sq Ft
$1,242/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2020

Last sale price $4,450,000 $989 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $31,617 / mo

20 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Sandy Beach
  • Lord Baltimore Elementary School Rated A-
  • Access to Tidal Water
  • Fishing Allowed

About This Home

As of December 2020

Spectacular oceanfront property in the desirable North Bethany gated community of Ocean Ridge. Upon entering the home, an immediate connection is established with the ocean from an open and expansive floor plan featuring oversized rear windows and high ceilings. This thoughtfully designed and well-maintained home offers a seamless blend of contemporary Colonial Revival inspired architecture, inviting interior spaces, and modern finishes throughout. A recently updated kitchen includes luxury grade appliances, custom cabinetry, built-in cooktop, granite countertops, and granite backsplash. Featuring a custom spiral three level staircase, hardwood and travertine flooring, wood-burning fireplace, hurricane shutters, and the list goes on! Direct beach access from a large rear deck provides numerous outdoor design options ideal for entertaining or relaxing with family. Additional recent updates include new painting throughout and new HVAC condensers. Offering a community pool, tennis court, and lifeguarded beach! Adjacent to Delaware Seashore Fresh Pond State Park offering several walking and biking trails perfect for taking in scenic views of the Indian River Bay.

Last Agent to Sell the Property

Henry Jaffe

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty Listed on: 10/23/2020

Monument Sotheby's International Realty

Last Buyer's Agent

Henry Jaffe

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty Listed on: 10/23/2020

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 7,888 Sq Ft Lot
  • Lot Dimensions are 58x136
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • West Facing Home
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $234 Monthly HOA Fees

Property Views

  • Ocean
  • Panoramic

Home Design

  • Colonial Architecture
  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 2nd floor
  • Shingle Roof
  • Piling Construction
  • Stick Built Home
  • Cedar

Interior Spaces

  • 4,500 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Partially Furnished
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Attic Fan

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Storm Windows
  • Storm Doors

Parking

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

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Deck

Location

  • Flood Risk

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-09.00-841.00

Community Details

Overview

  • Ocean Ridge HOA
  • Ocean Ridge Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Fishing Allowed

Additional Features

  • Community Center
  • Security Service

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

7,888 Sq Ft Lot

HOA Fees

$234 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Colonial, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Inclusions: Partially Furnished
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3
  • Expected On Market: 2020-10-24
  • Federal Flood Zone: Yes
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Oven/Range - Electric, Oven - Self Cleaning, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Island, Wet/Dry Bar, Window Treatments
  • Window Features: Insulated, Storm
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen, Breakfast Room, Office, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 4500
  • Living Area Sq Ft: 4500
  • Net Sq Ft: 4500.00
  • Price Per Sq Ft: 1022.22
  • Above Grade Finished Sq Ft: 4500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 6
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 3.00
  • Upper Level 3 Bathrooms: 1.00
  • Upper Level 3 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar
  • Exterior Features: Lawn Sprinkler
  • Roof: Shingle
  • View: Ocean, Panoramic, Water
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed, Public Beach
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Attic Fan, Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 2812.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Community Center, Swimming Pool, Pool - Outdoor, Security, Tennis Courts
  • HOA Name: OCEAN RIDGE
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Lot Info

  • Fencing: Partially
  • Lot Features: Landscaping
  • Lot Size Acres: 0.18
  • Lot Dimensions: 58x136
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7888.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Vacation Rental: No

Multi Family

  • Waterfront Features: Sandy Beach

Tax Info

  • Assessor Parcel Number: 5127890
  • Assessor Parcel Number: 134-09.00-841.00

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 17, 2020
Sold by
Bought by
Seller's Agent
Henry Jaffe
Monument Sotheby's International Realty
Buyer's Agent
Henry Jaffe
Monument Sotheby's International Realty
List Price
$4,600,000
Sold Price
$4,450,000
Premium/Discount to List
-$150,000
-3.26%
Current Estimated Value
$5,589,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,139,254
Avg. Annual Appreciation
4.16%
Original Mortgage
$3,000,000
Interest Rate
0.027%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 11, 1991
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,450,000 None Available
$450,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/22/2020 12/22/20 Sold $4,450,000 -3.3% $989 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $4,600,000 -- $1,022 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $11,146 $66,000 $23,300 $42,700
2024 $2,729 $66,000 $23,300 $42,700
2023 $2,726 $66,000 $23,300 $42,700
2022 $2,682 $66,000 $23,300 $42,700
2021 $2,602 $66,000 $23,300 $42,700
2020 $2,483 $66,000 $23,300 $42,700
2019 $2,471 $66,000 $23,300 $42,700
2018 $2,496 $66,000 $0 $0
2017 $2,516 $66,000 $0 $0
2016 $2,217 $66,000 $0 $0
2015 $2,286 $66,000 $0 $0
2014 $2,251 $66,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU171924

Bright MLS

APN: 134-09.00-841.00

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