NOT LISTED FOR SALE

306 Iris Ct Bethany Beach, DE 19930

Estimated Value: $1,701,463 - $2,458,000

5 Beds
4.5 Baths
4,500 Sq Ft
$438/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $1,200,000 $267 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $11,175/month

10 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Deck
  • Lord Baltimore Elementary School Rated A-
  • Coastal Architecture
  • Wooded Lot

About This Home

As of June 2020

Just 2.5 blocks to the beach, this luxury residence was crafted and designed with the highest attention to detail by recognized builder, Marnie Oursler. Featuring an impressive light filled great room that perfectly blends a gourmet kitchen with the dining area, living room, screened porch and deck, which creates the perfect space for entertaining. The master bedroom suite is also on this floor with a luxurious bathroom and an enormous walk-in closet. Follow the grand staircase to the upper level to 4 additional spacious bedrooms and 2 full bathrooms. The lower level offers a second family room, an adorable play room, full bathroom, and plenty of additional space to be used as an office, gym, or rec room. Offered with designer furnishings, no expense was spared as this home displays the very finest in beach living. Located just a short walk to the beach or to the heart of downtown Bethany offering boutique shops, restaurants, and the boardwalk.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 05/05/2020

Long & Foster Real Estate, Inc.

Co-Listed By

Kiki Hargrove

Long & Foster Real Estate, Inc. License #RS-0020565

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 05/05/2020

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,388

Year Built

  • Built in 2007

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50.00 x 130.00
  • Cul-De-Sac
  • Wooded Lot
  • Property is zoned TN 177

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home
  • Cedar

Interior Spaces

  • 4,500 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Bar
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Wood Flooring
  • Partial Basement
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 134-17.07-162.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,388

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: See List of Exclusions Attached with Disclosures
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2007
  • Remarks Public: Just 2.5 blocks to the beach, this luxury residence was crafted and designed with the highest attention to detail by recognized builder, Marnie Oursler. Featuring an impressive light filled great room that perfectly blends a gourmet kitchen with the dining area, living room, screened porch and deck, which creates the perfect space for entertaining. The master bedroom suite is also on this floor with a luxurious bathroom and an enormous walk-in closet. Follow the grand staircase to the upper level to 4 additional spacious bedrooms and 2 full bathrooms. The lower level offers a second family room, an adorable play room, full bathroom, and plenty of additional space to be used as an office, gym, or rec room. Offered with designer furnishings, no expense was spared as this home displays the very finest in beach living. Located just a short walk to the beach or to the heart of downtown Bethany offering boutique shops, restaurants, and the boardwalk.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Icemaker, Oven - Wall, Oven/Range - Gas, Six Burner Stove, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Bar, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors, Wainscotting
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room List: Family Room
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 4500
  • Living Area Sq Ft: 4500
  • Price Per Sq Ft: 277.33
  • Above Grade Finished Sq Ft: 4500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 306

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Cedar
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Features: Cul-De-Sac, Trees/Wooded
  • Lot Size Acres: 0.15
  • Lot Dimensions: 50.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6500.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened, Patio(s)
  • Year Assessed: 2019
  • Zoning: TN 177
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5116797
  • School Tax: 1576.00
  • Tax Annual Amount: 3388.00
  • Assessor Parcel Number: 134-17.07-162.00
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/29/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Jun 25, 2020
Sold by
Morin David S and Morin Karen E
Bought by
Buckley Michael W and Buckley Natalie R
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$1,248,000
Sold Price
$1,200,000
Premium/Discount to List
-$48,000
-3.85%
Total Days on Market
10
Current Estimated Value
$1,968,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$768,866
Avg. Annual Appreciation
10.52%
Original Mortgage
$960,000
Outstanding Balance
$858,817
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,110,049
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
Buckley Michael W $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buckley Michael W $960,000
Previous Owner Rizzuto Angel $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $1,200,000 -3.8% $267 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $1,248,000 -- $277 / 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 $1,974 $47,750 $1,500 $46,250
2023 $1,972 $47,750 $1,500 $46,250
2022 $1,940 $47,750 $1,500 $46,250
2021 $1,882 $47,750 $1,500 $46,250
2020 $1,796 $47,750 $1,500 $46,250
2019 $1,788 $47,750 $1,500 $46,250
2018 $1,805 $47,750 $0 $0
2017 $1,820 $47,750 $0 $0
2016 $1,604 $47,750 $0 $0
2015 $1,654 $47,750 $0 $0
2014 $1,629 $47,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU159336

Bright MLS

APN: 134-17.07-162.00