NOT LISTED FOR SALE

29997 Surfside Dr Bethany Beach, DE 19930

Estimated Value: $6,050,323 - $8,443,000

7 Beds
6 Baths
6,000 Sq Ft
$1,201/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $3,750,000 $625 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $39,646/month

445 Days on Market

Highlights

  • Ocean View
  • Spa
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Waterfront
  • Deck

About This Home

As of May 2017

A CLASSIC, well maintained ocean front beach home with views from EVERY room and panoramic views of Eastern Shore, Ocean, and Bay from the Crows Nest! This spectacular home offers 5,530 sq. feet of indoor living space on four levels & sits on an oversized ocean front lot (16,050 sq. feet) Enjoy relaxing on one of the many large ocean front decks while listening to your favorite tunes indoors or outside from the built-in sound system! 4 living areas + a game room with an elegant pool table, home gym, wine cellar, 2 wet bars, home office, 2 FULL size fridge/freezers, 1 small fridge, 2 gas fireplaces, 2 full size washers & dryers, screened in porch, 3 outdoor showers, private catwalk directly to a private guarded beach, elevator, gated community. A total of 7 bedrooms + a loft, 6.5 bathrooms. (5 of the 7 BRMS with private balconies) The Seller replaced decking in 2014 & painted exterior in 2015. It does not get any better than this!

Last Agent to Sell the Property

Ann Raskauskas

(302) 537-9700 ann@bethanyarearealty.com BETHANY AREA REALTY LLC License #RB-0020092 Listed on: 02/05/2016

Last Buyer's Agent

Leslie Kopp

(302) 539-9040 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 75 x 216
  • Waterfront
  • Sprinkler System
  • Cleared Lot
  • Zoning described as VACATION/RETIRE/RESIDENT

HOA Fees

  • $201 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 6,000 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Insulated Doors
  • Open Floorplan
  • Ocean Views
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Parking

  • Tuck Under Parking
  • Driveway
  • Off-Street Parking

Pool

  • Outdoor Shower
  • Spa

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony
  • Deck

Location

  • Flood Risk

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Private Sewer

Community Details

  • Gulls Nest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 134-09.00-638.00

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0 Sq Ft Lot

HOA Fees

$201 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Kitchen - Island, Combination Kitchen/Dining, Combination Kitchen/Living, Ceiling Fan(s), Exposed Beams, Wet/Dry Bar, Window Treatments
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Level Count: 4
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 6000
  • Living Area Sq Ft: 6000
  • Net Sq Ft: 6000.00
  • Price Per Sq Ft: 658.33
  • Above Grade Finished Sq Ft: 6000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 6
  • Full Bathrooms: 6

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Wood Siding
  • Construction Completed: Yes
  • Exterior Features: Hot Tub, Lawn Sprinkler, Outside Shower
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Wood Burn Stove, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Fire Detection System
  • Sewer/Septic System: Private Sewer
  • Water Sewer Expenses: 600.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2415.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: Yes

Lot Info

  • Lot Features: Cleared
  • Lot Dimensions: 75 x 216
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning Description: VACATION/RETIRE/RESIDENT

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5127572
  • Assessor Parcel Number: 134-09.00-638.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2016
Closed on
May 30, 2017
Sold by
Paul R Andrews Jr Revocable Trust
Bought by
Shiels Phillippa A and Shiels Russel L G
Seller's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$4,850,000
Sold Price
$3,750,000
Premium/Discount to List
-$1,100,000
-22.68%
Current Estimated Value
$7,206,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,456,331
Avg. Annual Appreciation
7.66%

Purchase Details

Closed on
Mar 18, 2013
Sold by
Andrews Paul R
Bought by
Andrews Paul R
Source: Public Records
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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
Shiels Phillippa A $3,750,000 None Available
Andrews Paul R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2017 05/25/17 Sold $3,750,000 -22.7% $625 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
02/05/2016 02/05/16 For Sale $4,850,000 -- $808 / Sq Ft
Source: Bright MLS

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
2025 $14,409 $102,650 $33,000 $69,650
2024 $4,972 $102,650 $33,000 $69,650
2023 $4,967 $102,650 $33,000 $69,650
2022 $4,886 $102,650 $33,000 $69,650
2021 $4,740 $102,650 $33,000 $69,650
2020 $3,861 $102,650 $33,000 $69,650
2019 $3,844 $102,650 $33,000 $69,650
2018 $3,881 $102,650 $0 $0
2017 $3,513 $102,650 $0 $0
2016 $2,961 $102,650 $0 $0
2015 $3,067 $102,650 $0 $0
2014 $3,013 $102,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001013800

Bright MLS

APN: 134-09.00-638.00

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