NOT LISTED FOR SALE

309 Maryland Ave Unit A Bethany Beach, DE 19930

Estimated Value: $744,183 - $990,000

4 Beds
2.5 Baths
-- Sq Ft
$267/mo HOA Fee

Last Sold December 01, 2021

Last sale price $729,000

Est. 15% increase in value since last sale

Current estimated payment $5,073/month

1 Day on Market

Highlights

  • View of Trees or Woods
  • Coastal Architecture
  • Furnished
  • Lord Baltimore Elementary School Rated A-
  • Deck
  • 3-minute walk to Bethany Beach Central Park

About This Home

As of December 2021

OFFERS DUE BY 9PM Monday, Oct 25th. This end unit town home is perfectly located just a few blocks to the beach in Bethany. Nestled amongst the mature trees on quiet, Maryland Ave. and close to the new Bethany Beach Central Park, this 4 bedroom, 2.5 bath home features a first floor owner's suite with private bath and open concept floor plan. Enjoy the updated kitchen and bath as well as new furniture, wood burning fireplace, and conditioned crawlspace. These beautiful cathedral ceilings allow the sunlight to fill the rooms. Entertaining is a breeze on the private back deck and screened porch. Walk or bike to the public beach, shops, restaurants, and all that Bethany has to offer. This home has a strong rental history and has generated great rental income. There is a higher income potential for investors who are looking to rent more weeks . Sold furnished, this is truly a turn-key home.

Last Agent to Sell the Property

Elizabeth Barnhart

Monument Sotheby's International Realty License #RS-0022510 Listed on: 10/23/2021

Monument Sotheby's International Realty

Last Buyer's Agent

Justin Healy

Monument Sotheby's International Realty License #RB-0003444

Monument Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,932

Year Renovated

  • 2020

Lot Details

  • 0.37

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Coastal Architecture

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Wood Burning Fireplace
  • Views of Woods
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Property is in very good condition
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-13.19-111.00-1

Community Details

Overview

  • Association fees include insurance, common area maintenance, reserve funds, lawn maintenance
  • Peregrine Community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,932

Year Renovated

2020

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Exclusions: Personal items-See exclusion list
  • Inclusions: Sold furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-10-24
  • Federal Flood Zone: Yes
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: OFFERS DUE BY 9PM Monday, Oct 25th. This end unit town home is perfectly located just a few blocks to the beach in Bethany. Nestled amongst the mature trees on quiet, Maryland Ave. and close to the new Bethany Beach Central Park, this 4 bedroom, 2.5 bath home features a first floor owner's suite with private bath and open concept floor plan. Enjoy the updated kitchen and bath as well as new furniture, wood burning fireplace, and conditioned crawlspace. These beautiful cathedral ceilings allow the sunlight to fill the rooms. Entertaining is a breeze on the private back deck and screened porch. Walk or bike to the public beach, shops, restaurants, and all that Bethany has to offer. This home has a strong rental history and has generated great rental income. There is a higher income potential for investors who are looking to rent more weeks . Sold furnished, this is truly a turn-key home.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Features: Wood
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 309

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 800.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Insurance, Common Area Maintenance, Reserve Funds, Lawn Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 18730.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 10185435
  • School Tax: 1005.00
  • Tax Annual Amount: 1932.00
  • Assessor Parcel Number: 134-13.19-111.00-1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/01/2021

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2021
Closed on
Dec 1, 2021
Sold by
Lavon Hightower Ft
Bought by
Hemeon Jason R and Barker-Hemeon Wetherly
Seller's Agent
Elizabeth Barnhart
Monument Sotheby's International Realty
Buyer's Agent
Justin Healy
Monument Sotheby's International Realty
List Price
$679,900
Sold Price
$729,000
Premium/Discount to List
$49,100
7.22%
Total Days on Market
1
Current Estimated Value
$838,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,546
Avg. Annual Appreciation
4.07%
Original Mortgage
$583,200
Outstanding Balance
$540,710
Interest Rate
3.1%
Estimated Equity
$297,836

Purchase Details

Closed on
Mar 28, 2021
Sold by
Lavon Neal J and Hightower Carol G
Bought by
Lavon Hghtower T

Purchase Details

Closed on
May 29, 2013
Sold by
Marchesiello Donald T and Marchesiello Lisa
Bought by
Lavon Neal J and Hightower Carol G
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
Hemeon Jason R $729,000 None Available
Lavon Hghtower T -- None Available
Lavon Neal J $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemeon Jason R $583,200
Previous Owner Marchesiello Donald T $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $729,000 +7.2% --
10/25/2021 10/25/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $679,900 -- --
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 $1,189 $23,700 $0 $23,700
2023 $1,188 $23,700 $0 $23,700
2022 $1,168 $23,700 $0 $23,700
2021 $1,133 $23,700 $0 $23,700
2020 $1,081 $23,700 $0 $23,700
2019 $1,077 $23,700 $0 $23,700
2018 $1,087 $28,750 $0 $0
2017 $1,096 $28,750 $0 $0
2016 $966 $28,750 $0 $0
2015 $996 $28,750 $0 $0
2014 $981 $28,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2000475

Bright MLS

APN: 134-13.19-111.00-1