NOT LISTED FOR SALE

30398 Pavilion Dr Unit 1505 Ocean View, DE 19970

Estimated Value: $512,000 - $609,312

4 Beds
4 Baths
1,944 Sq Ft
$644/mo HOA Fee

Last Sold February 29, 2024

Last sale price $575,000 $296 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,580/month

1 Day on Market

Highlights

  • 50 Feet of Waterfront
  • Primary bedroom faces the bay
  • Beach
  • Lord Baltimore Elementary School Rated A-
  • Boat Dock
  • Golf Course Community

About This Home

As of February 2024

Enjoy the best of coastal living in this newly renovated (2019) 4 bedroom/4 bath waterfront condo in the Bethany Bay resort community. This light-filled and serene retreat captures unmatched panoramic views of Whites Creek, the Indian River Bay, and the Indian River Bridge.
This spacious turn-key third-floor, two-story end unit immediately captivates you with its modern comfort and charm. The main level eat-in designer kitchen is well-equipped, featuring new cabinets and quartz countertops, high-end stainless appliances, recessed and under-counter lighting, subway-tile backsplash and porcelain flooring. Updated Berber carpeting leads into the dining area with seating for eight and seamlessly flows into the comfortable living room, making entertaining a breeze.
The main-floor primary bedroom is an ideal spot for watching herons, egrets, and ospreys upon waking in the morning. Its attached bathroom is beautifully updated with new vanity, tile flooring, glass shower, and contemporary fixtures. A second bedroom attaches to a similarly renovated full bathroom. A new full-size LG washer/dryer combo is conveniently tucked away to handle all family and guest laundry needs easily.
Ascend the spiral staircase and enjoy two more large bedrooms with fantastic views, both with upgraded bathrooms. Give everyone the space and privacy they desire when coming to visit!
Love outdoor living? Relax and unwind on the front deck or screened back porch (with new maintenance-free flooring), both offering breathtaking views of wildlife, sunrises, and sunsets. This condo is positioned to see and do it all. Watch life on the water from the screened porch or get out on the water to kayak or paddle board in the Bay. There’s even a sandy pocket beach behind the unit for your enjoyment.
Bethany Bay contains 420 acres including 200 acres of protected wetlands, with an array of amenities including a community pool and kiddie pool, playground, tennis/pickleball and basketball courts, fitness room, nature walks, dock and boat/jet-ski ramp, with a nine-hole par 3 golf course and clubhouse. Just a short drive from Bethany Beach, great restaurants and the Rehoboth outlets, this community offers the perfect blend of relaxation and recreation.
Don’t miss this true gem of a waterfront condo!

Last Agent to Sell the Property

Christine McCoy

(302) 339-5368 christine@therealmccoygroup.com Coldwell Banker Realty License #RA0031081 Listed on: 02/17/2024

Coldwell Banker Realty

Last Buyer's Agent

Lisa Michels

(302) 354-0118 thedelawarerealtor@gmail.com Patterson-Schwartz - Greenville License #RS-0025497

Patterson-Schwartz - Greenville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $933

Year Built

  • Built in 2002

Lot Details

  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Property is in excellent condition

HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 3rd floor
  • Frame Construction

Interior Spaces

  • 1,944 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Bay Views

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-08.00-42.00-15-5

Community Details

Overview

  • Association fees include common area maintenance, cable TV, high speed internet, insurance, lawn maintenance, pier/dock maintenance, pool(s), road maintenance, snow removal, trash, water, reserve funds, management
  • Low-Rise Condominium
  • Bethany Bay Subdivision
  • Property Manager

Amenities

  • Party Room

Recreation

  • Boat Dock
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing Allowed
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$933

Year Built

Built in 2002

Lot Details

0

HOA Fees

$644 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Personal Items
  • Inclusions: Furniture
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-02-17
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Stainless Steel Appliances, Washer, Refrigerator
  • Entry Floor: 3
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Family Room Off Kitchen, Kitchen - Eat-In, Primary Bedroom - Bay Front, Primary Bath(s), Upgraded Countertops, Window Treatments
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Kitchen, Family Room, Breakfast Room, Primary Bathroom, Full Bath, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 1944
  • Living Area Sq Ft: 1944
  • Price Per Sq Ft: 282.92
  • Above Grade Finished Sq Ft: 1944
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Bay
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 815.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 372.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Tennis Courts, Swimming Pool, Basketball Courts, Beach, Bike Trail, Boat Dock/Slip, Fitness Center, Golf Course, Party Room, Tot Lots/Playground, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Cable Tv, High Speed Internet, Insurance, Lawn Maintenance, Pier/Dock Maintenance, Pool(s), Road Maintenance, Snow Removal, Trash, Water, Reserve Funds, Management
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 0.50

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good, Excellent
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 39000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • School Tax: 816.32
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 933.28
  • Assessor Parcel Number: 134-08.00-42.00-15-5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: INDIAN RIVER

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2024
Closed on
Mar 28, 2024
Sold by
David E Rosenberg E and David Patricia A
Bought by
Stephens Robert B and Stephens Shiloh
Seller's Agent
Christine McCoy
Coldwell Banker Realty
Buyer's Agent
Lisa Michels
Patterson-Schwartz - Greenville
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Views
59
Current Estimated Value
$547,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,922
Avg. Annual Appreciation
-2.77%
Original Mortgage
$329,400
Outstanding Balance
$324,497
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$222,581

Purchase Details

Closed on
Apr 11, 2002
Bought by
Rosenberg David E and Bodn Patricia A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Stephens Robert B $575,000 None Listed On Document
Rosenberg David E $349,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Robert B $329,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $575,000 +4.5% $296 / Sq Ft
02/17/2024 02/17/24 For Sale $550,000 -- $283 / 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
2025 $707 $21,950 $0 $21,950
2024 $933 $21,950 $0 $21,950
2023 $933 $21,950 $0 $21,950
2022 $918 $21,950 $0 $21,950
2021 $892 $21,950 $0 $21,950
2020 $856 $21,950 $0 $21,950
2019 $853 $21,950 $0 $21,950
2018 $861 $22,150 $0 $0
2017 $875 $22,150 $0 $0
2016 $775 $22,150 $0 $0
2015 $798 $22,150 $0 $0
2014 $786 $22,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2055660

Bright MLS

APN: 134-08.00-42.00-15-5