NOT LISTED FOR SALE

31311 May Dr Bethany Beach, DE 19930

Estimated Value: $1,114,995 - $1,240,000

4 Beds
3.5 Baths
3,880 Sq Ft
$306/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $950,000 $245 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,840/month

3 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Waterfront
  • 1 Fireplace

About This Home

As of July 2021

A MUST SEE !!!!! From floor to ceiling and from wall to wall, simply a stunning home! Heck the driveway is even brand new. New HVAC systems, new cook top and washer. This home is fully furnished ( Tastefully Furnished). Come enjoy cocktails on your back deck overlooking the pond while your guest enjoy a dip in your pool. So much pride of ownership!! Turn Key!

Last Agent to Sell the Property

Michael Ross

(410) 250-4433 grace@northbeachrealtors.com Sea Grace @ North Beach Realtors Listed on: 06/03/2021

Last Buyer's Agent

Dustin Oldfather

(302) 273-4998 ashley.hess@compass.com Compass License #RS-0017091

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,379

Year Built

  • Built in 2003

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80.00 x 125.00
  • Waterfront
  • Property is zoned MR

HOA Fees

  • $367 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 3,880 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • 1 Fireplace
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Accessible Home Design

  • Chairlift

Outdoor Features

  • Private Pool
  • Canoe or Kayak Water Access
  • Property is near a lake

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 134-13.00-2162.00

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, recreation facility
  • Bethany Lakes Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center

Recreation

  • Community Basketball Court
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,379

Year Built

Built in 2003

Lot Details

0

HOA Fees

$367 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Chairlift
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-06-08
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 3880
  • Living Area Sq Ft: 3880
  • Price Per Sq Ft: 244.85
  • Above Grade Finished Sq Ft: 3880
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Water Access Features: Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: LAKE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Built In, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1100.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Community Center, Gated Community, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Recreation Facility
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 80.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5107596
  • School Tax: 2098.00
  • Tax Annual Amount: 2379.00
  • Assessor Parcel Number: 134-13.00-2162.00
  • Tax Lot: 88
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Rex De 1 Llc and Rex De 2 Llc
Bought by
Binder Michael J and Binder Susan J
Current Estimated Value
$1,187,749

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 16, 2021
Sold by
Oneill Susan M
Bought by
Rex De 1 Llc
Seller's Agent
Michael Ross
Sea Grace @ North Beach Realtors
Buyer's Agent
Dustin Oldfather
Compass
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Binder Michael J -- None Listed On Document
Rex De 1 Llc -- None Available
Rex De 1 Llc $950,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $950,000 0.0% $245 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $950,000 -- $245 / 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 $2,032 $63,250 $6,250 $57,000
2024 $2,665 $63,250 $6,250 $57,000
2023 $313 $63,250 $6,250 $57,000
2022 $2,625 $63,250 $6,250 $57,000
2021 $2,548 $63,250 $6,250 $57,000
2020 $2,441 $63,250 $6,250 $57,000
2019 $2,431 $63,250 $6,250 $57,000
2018 $2,454 $63,250 $0 $0
2017 $2,474 $63,250 $0 $0
2016 $2,187 $63,250 $0 $0
2015 $2,253 $63,250 $0 $0
2014 $2,220 $63,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU184340

Bright MLS

APN: 134-13.00-2162.00