NOT LISTED FOR SALE

31318 May Dr Bethany Beach, DE 19930

Estimated Value: $1,212,000 - $1,332,064

5 Beds
4.5 Baths
4,600 Sq Ft
$273/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $1,230,000 $267 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,084/month

54 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Fitness Center
  • Lake Privileges
  • Lord Baltimore Elementary School Rated A-
  • Lake View
  • Coastal Architecture

About This Home

As of November 2022

Simply stunning pondfront home located close to downtown Bethany Beach in a sought after gated community with amenities. This gorgeous coastal home offers a spacious floorplan featuring an impressive great room with soaring ceilings, dine-in kitchen, formal dining room, additional family room, first floor primary bedroom, and the 2nd level offers a large loft area, and 4 generously sized bedrooms, 3 of which have an en-suite bathroom. Plenty of room for entertaining both indoors and out with a fantastic screened porch and deck overlooking a large pond and water fountain. Notable features include beautiful hardwood flooring, gas fireplace, and large kitchen with granite countertops, center island, gas cooktop, double wall oven, and a built-in bar/serving station between the kitchen and formal dining room. This home is offered with designer furnishings and includes conveniences such as a new roof in 2019 with a 30 year warranty, full crawlspace encapsulation with dehumidifier and air vent pump, irrigation system with separate well, custom designed rainfall outdoor shower, tinted windows, Hunter Douglas remote blinds, and so much more. Situated in the community of Bethany Lake offering amenities including swimming pool with kiddie pool, well maintained tennis courts, club house with exercise facility, and weekly lawn maintenance and annual mulching is included!

Last Agent to Sell the Property

Leslie Kopp

(302) 539-9040 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 08/03/2022

Long & Foster Real Estate, Inc.

Co-Listed By

Kiki Hargrove

(302) 539-9040 kiki@lesliekopp.com Long & Foster Real Estate, Inc. License #RS-0020565

Last Buyer's Agent

Valerie Ellenberger

(302) 273-4998 ashley.hess@compass.com Compass License #RS-0022639

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,481

Year Built

  • Built in 2003

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80.00 x 125.00
  • 80 Feet of Waterfront
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned MR

HOA Fees

  • $367 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Pond

Home Design

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

Interior Spaces

  • 4,600 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Insulated Doors
  • Loft
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near a pond
  • Lake Privileges
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 134-13.00-2131.00

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, road maintenance, security gate, snow removal
  • Bethany Lakes Subdivision

Amenities

  • Community Center

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,481

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, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: See Exclusion List
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2003
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Oven - Double, Oven - Self Cleaning, Oven - Wall, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Bar, Breakfast Area
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings, 2 Story Ceilings, 9'+ Ceilings, Cathedral Ceilings
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Room List: Loft
  • Basement: No
  • Total Sq Ft: 4600
  • Living Area Sq Ft: 4600
  • Price Per Sq Ft: 277.17
  • Above Grade Finished Sq Ft: 4600
  • Above Grade Finished Area Units: Square Feet

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: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Exterior Features: Outside Shower, Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 80

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 4400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Fitness Center, Tot Lots/Playground, Pool - Outdoor, Swimming Pool, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Road Maintenance, Security Gate, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.22
  • Lot Dimensions: 80.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Excellent
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5107562
  • School Tax: 2201.00
  • Tax Annual Amount: 2481.00
  • Assessor Parcel Number: 134-13.00-2131.00
  • Tax Lot: 57
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Nov 15, 2022
Sold by
Bates Vincent
Bought by
Frank L Hewitt Iii Family Trust
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Valerie Ellenberger
Compass
List Price
$1,275,000
Sold Price
$1,230,000
Premium/Discount to List
-$45,000
-3.53%
Views
141
Current Estimated Value
$1,255,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,766
Avg. Annual Appreciation
0.65%
Original Mortgage
$700,000
Outstanding Balance
$612,859
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$642,907

Purchase Details

Listed on
May 2, 2015
Closed on
Jun 10, 2015
Sold by
Wells Lee J and Wells Mary Ann
Bought by
Bates Heidi and Bates Vincent
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Marcia Smith
Coldwell Banker Realty
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$418,000
Interest Rate
3.84%
Mortgage Type
New Conventional
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
Frank L Hewitt Iii Family Trust $1,230,000 --
Bates Heidi $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank L Hewitt Iii Family Trust $700,000
Previous Owner Bates Heidi $418,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2022 11/16/22 Sold $1,230,000 -3.5% $267 / Sq Ft
08/03/2022 08/03/22 For Sale $1,275,000 +121.7% $277 / Sq Ft
06/11/2015 06/11/15 Sold $575,000 0.0% -- View Prior Sale
05/08/2015 05/08/15 Pending -- -- --
05/02/2015 05/02/15 For Sale $575,000 -- --
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 $2,270 $62,950 $6,250 $56,700
2024 $2,652 $62,950 $6,250 $56,700
2023 $2,654 $62,950 $6,250 $56,700
2022 $2,612 $62,950 $6,250 $56,700
2021 $2,536 $62,950 $6,250 $56,700
2020 $2,430 $62,950 $6,250 $56,700
2019 $2,420 $62,950 $6,250 $56,700
2018 $2,443 $62,950 $0 $0
2017 $2,462 $62,950 $0 $0
2016 $2,177 $62,950 $0 $0
2015 $2,242 $62,950 $0 $0
2014 $2,210 $62,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2026422

Bright MLS

APN: 134-13.00-2131.00