NOT LISTED FOR SALE

307 W 7th St Bethany Beach, DE 19930

Estimated Value: $886,429 - $1,543,000

4 Beds
3.5 Baths
3,000 Sq Ft
$392/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $720,000 $240 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,542/month

11 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Private Dock Site
  • Fishing Allowed
  • Lord Baltimore Elementary School Rated A-
  • Access to Tidal Water
  • Open Floorplan

About This Home

As of March 2019

Beautiful canal front home with a private boat dock located just a few blocks to the life-guarded beach in South Bethany. This coastal retreat is bright and inviting with an open floorplan, vaulted ceilings, skylights and large windows offering an abundance of natural light. Featuring a first floor family room opening to an enormous deck, an impressive great room that flows to a screened porch and deck, and a sizable loft with a balcony, this home offers plenty of space for entertaining. Notable features include hardwood and tile flooring, Corian counters, gas fireplace, and an oversized 2 car garage. Walk to the beach or spend the day on the bay with the convenience of docking your boat at your back door. Located on a quiet street with no thru traffic, this is the perfect vacation getaway!

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 01/29/2019

Long & Foster Real Estate, Inc.

Co-Listed By

WAYNE LYONS

Long & Foster Real Estate, Inc. License #RS-0013341

Last Buyer's Agent

Charles Rappa

Long & Foster Real Estate, Inc. License #667455

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,359

Year Built

  • Built in 1999

Lot Details

  • 4,996 Sq Ft Lot
  • Lot Dimensions are 50x105x50x108
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Property is Fully Fenced
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Great Room
  • Family Room
  • Loft
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a canal
  • Personal Watercraft
  • Bulkhead
  • Private Dock Site
  • Powered Boats Permitted

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 134-17.19-12.03

Community Details

Overview

  • No Home Owners Association
  • South Bethany Harbor Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,359

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: 1 Red Kayak & Personal Items
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1999
  • Remarks Public: Beautiful canal front home with a private boat dock located just a few blocks to the life-guarded beach in South Bethany. This coastal retreat is bright and inviting with an open floorplan, vaulted ceilings, skylights and large windows offering an abundance of natural light. Featuring a first floor family room opening to an enormous deck, an impressive great room that flows to a screened porch and deck, and a sizable loft with a balcony, this home offers plenty of space for entertaining. Notable features include hardwood and tile flooring, Corian counters, gas fireplace, and an oversized 2 car garage. Walk to the beach or spend the day on the bay with the convenience of docking your boat at your back door. Located on a quiet street with no thru traffic, this is the perfect vacation getaway!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Recessed Lighting, Skylight(s), Walk-In Closet(s), Window Treatments
  • Window Features: Screens, Skylights
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings
  • Foundation Details: Block
  • Levels Count: 3+
  • Room List: Family Room, Great Room, Loft
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 250.00
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 307

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Exterior Features: Outside Shower
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • View: Canal
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: Circuit Breakers
  • 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

  • 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

  • Fencing: Fully
  • Lot Features: Bulkheaded, Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x105x50x108
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4996.00
  • Zoning: Q
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5117852
  • School Tax: 1346.00
  • Tax Annual Amount: 2358.73
  • Assessor Parcel Number: 134-17.19-12.03
  • Tax Lot: 131
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/18/2019

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2019
Closed on
Mar 15, 2019
Sold by
Janice E Petrakes Ret
Bought by
Carolyn Dabney Bell Ret
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Charles Rappa
Long & Foster Real Estate, Inc.
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%
Current Estimated Value
$1,177,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,357
Avg. Annual Appreciation
7.88%

Purchase Details

Closed on
Dec 9, 1998
Bought by
Petrakes John and Petrakes Janice E
Source: Public Records

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
Carolyn Dabney Bell Ret $720,000 --
Petrakes John $100,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $720,000 -4.0% $240 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $750,000 -- $250 / 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 $1,668 $40,350 $5,000 $35,350
2023 $1,667 $40,350 $5,000 $35,350
2022 $1,640 $40,350 $5,000 $35,350
2021 $1,591 $40,350 $5,000 $35,350
2020 $1,518 $40,350 $5,000 $35,350
2019 $1,511 $40,350 $5,000 $35,350
2018 $1,526 $40,350 $0 $0
2017 $1,538 $40,350 $0 $0
2016 $1,356 $40,350 $0 $0
2015 $1,397 $40,350 $0 $0
2014 $1,376 $40,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU130032

Bright MLS

APN: 134-17.19-12.03