NOT LISTED FOR SALE

31319 May Dr Bethany Beach, DE 19930

Estimated Value: $980,000 - $1,296,000

6 Beds
4.5 Baths
4,183 Sq Ft
$269/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $676,000 $162 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,366/month

37 Days on Market

Highlights

  • Fitness Center
  • Water Oriented
  • Gated Community
  • Lord Baltimore Elementary School Rated A-
  • Gourmet Kitchen
  • Lake View

About This Home

As of September 2020

Lakefront Elegance. Situated directly on Bethany Lake's largest lakes, this beautifully elegant 5+ bedroom, 4.5 bath home sets the tone with soaring 2 story ceilings in the foyer and living room. Hardwood floors, lots of windows over-looking the lake and the cozy fireplace make the living room a room to enjoy year round. Entertaining? The gourmet kitchen with ample work areas, features stainless appliances, granite surfaces, custom backsplashes, double oven, gas range, walk-in pantry and Butler Pantry. Formal dining is available as well as the causal breakfast nook facing the lake. Bar with beachy, weathered wood surround this kitchen designed for extreme entertaining or gourmet fun. The first floor, master bedroom is a heavenly retreat with a sitting area/workspace and direct access to the lakefront deck and patio. The spa-like master bath features a spacious, tile shower with dual shower heads, granite counters a huge soaking tub and separate water closet. Huge Library with Bay window can be used as another first floor bedroom or study. You have easy access to the second Floor of this 4100+sq ft. home from either the front or back staircases. There's plenty of room on the second floor to accommodate lots of quests with a second living /den area along with 4 huge bedrooms and 3 more full baths. The house features a central vacuum system, irrigation with a designated well for low water bills and a brand new upper A/C system. Enjoy all that the gated community of Bethany Lakes has to offer with the fitness center/clubhouse,clay tennis court, large swimming pool, baby pool, playground, basketball court and fishing pier only stepps away! If a hike or bike ride is what you're looking for, enjoy the Fresh Pond State Park nature trail just down the street. All this is only 1.5 miles to Bethany Beach, fine dinning and casual entertainment. Convenient grocery store is right across the street with brand new stores opening soon! Gross rental revenue of $80-$100k per year.

Last Agent to Sell the Property

JANE BAXTER

(302) 360-0300 walt.t@kw.com Keller Williams Realty Listed on: 07/22/2020

Keller Williams Realty

Last Buyer's Agent

Carol Proctor

(410) 524-7000 oceancity@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023288

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,246

Year Built

  • Built in 2003

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80.00 x 125.00
  • Backs To Open Common Area
  • South Facing Home
  • Landscaped
  • Extensive Hardscape
  • Corner Lot
  • Sprinkler System
  • Cleared Lot
  • Back, Front, and Side Yard
  • 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

Home Design

  • Carriage House
  • Colonial Architecture
  • Coastal Architecture
  • Contemporary Architecture
  • Permanent Foundation
  • Frame Construction
  • Pitched Roof
  • Aluminum Siding

Interior Spaces

  • 4,183 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Corner Fireplace
  • Insulated Windows
  • Bay Window
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Lake Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Accessible Home Design

  • Lowered Light Switches
  • Garage doors are at least 85 inches wide
  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Pond
  • Shared Waterfront
  • Multiple Balconies
  • Deck
  • Patio
  • Outdoor Grill

Location

  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Vented Exhaust Fan
  • 220 Volts
  • Propane
  • Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 69
  • Assessor Parcel Number 134-13.00-2143.00

Community Details

Overview

  • Association fees include common area maintenance, health club, management, recreation facility, road maintenance, snow removal, security gate, trash
  • Built by Toll Brothers
  • Bethany Lakes Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,246

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: Carriage House, Coastal, Colonial, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits, >84" Garage Door, Accessible Switches/Outlets, Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: All Furniture
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Built-In Microwave, Cooktop, Exhaust Fan, Washer, Water Heater
  • Flooring Type: Hardwood, Partially Carpeted
  • Interior Amenities: Breakfast Area, Built-Ins, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Central Vacuum
  • Window Features: Bay/Bow, Insulated
  • Fireplace Features: Corner
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: 2 Story Ceilings, Vaulted Ceilings
  • Foundation Details: Permanent
  • Levels Count: 2
  • Room List: Bedroom 3
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 4183
  • Living Area Sq Ft: 4183
  • Price Per Sq Ft: 161.61
  • Above Grade Finished Sq Ft: 4183
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • 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, Aluminum Siding
  • Exterior Features: Bbq Grill, Extensive Hardscape, Lawn Sprinkler
  • Road Surface Type: Access - Above Grade, Approved, Paved
  • Roof: Pitched
  • Spa: No
  • View: Lake, Water
  • Water Access: No
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway, Private
  • Garage Features: Garage - Front Entry, Garage Door Opener, 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 Type: Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Security Gate, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane
  • Water Source: Private
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 367.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Gated Community, Lake, Meeting Room, Party Room, Pool - Outdoor, Security, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Health Club, Management, Recreation Facility, Road Maintenance, Snow Removal, Security Gate, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 53450.00
  • Land Assessed Value: 6250.00
  • Lot Features: Backs - Open Common Area, Cleared, Corner, Front Yard, Landscaping, Pond, Rear Yard, Sideyard(s)
  • 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: Balconies- Multiple, Deck(s), Patio(s)
  • Property Condition: Excellent
  • Zoning: MR
  • Zoning Description: Residential
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Toll Brothers

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 90000.00
  • Vacation Rental: Yes
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5107575
  • School Tax: 1980.00
  • Tax Annual Amount: 2246.00
  • Assessor Parcel Number: 134-13.00-2143.00
  • Tax Lot: 69
  • Tax Page Number: 246
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Shared

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2024
Sold by
Polun Jason B and Polun Jason B
Bought by
Delaware Beach Properties Revocable Trust and Polun
Current Estimated Value
$1,126,985

Purchase Details

Listed on
Jul 22, 2020
Closed on
Sep 18, 2020
Sold by
Sides Patrick R and Sides Bonnie C
Bought by
Polun Jason B and Polun Rebecca
Seller's Agent
JANE BAXTER
Keller Williams Realty
Buyer's Agent
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
List Price
$679
Sold Price
$676,000
Premium/Discount to List
$675,321
99458.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
Jan 13, 2011
Bought by
Sides Patrick R and Sides Bonnie C

Purchase Details

Closed on
Jan 7, 2011
Bought by
Sides Patrick R and Sides Bonnie C
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
Delaware Beach Properties Revocable Trust -- None Listed On Document
Delaware Beach Properties Revocable Trust -- None Listed On Document
Polun Jason B $676,000 None Available
Sides Patrick R $572,000 --
Sides Patrick R $572,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $676,000 0.0% $162 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/22/2020 08/22/20 Price Changed $676,000 -0.4% $162 / Sq Ft
07/22/2020 07/22/20 Price Changed $679,000 +99900.0% $162 / Sq Ft
07/22/2020 07/22/20 For Sale $679 -- $0 / 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 $1,687 $59,700 $6,250 $53,450
2024 $2,518 $59,700 $6,250 $53,450
2023 $2,520 $59,700 $6,250 $53,450
2022 $2,480 $59,700 $6,250 $53,450
2021 $2,408 $59,700 $6,250 $53,450
2020 $2,308 $59,700 $6,250 $53,450
2019 $2,298 $59,700 $6,250 $53,450
2018 $2,320 $59,700 $0 $0
2017 $2,338 $59,700 $0 $0
2016 $2,068 $59,700 $0 $0
2015 $2,130 $59,700 $0 $0
2014 $2,083 $59,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU165140

Bright MLS

APN: 134-13.00-2143.00