NOT LISTED FOR SALE

31450 Watershed Ln Bethany Beach, DE 19930

Estimated Value: $949,000 - $1,085,000

4 Beds
3.5 Baths
2,506 Sq Ft
$400/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $900,000 $359 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,685/month

40 Days on Market

Highlights

  • New Construction
  • Coastal Architecture
  • Multiple Balconies
  • Lord Baltimore Elementary School Rated A-
  • Community Pool
  • Porch

About This Home

As of July 2024

Welcome to Your Dream Home in Inland Bays, Bethany Beach! Tucked away in the exclusive Inland Bays community, this brand-new beauty offers a lifestyle of pure luxury and comfort. Check out the cool double decks and soak in those awesome neighborhood views. Perfect for hosting parties or just kicking back and relaxing. Only a few homes down from the community pool and picnic area, and also a few steps from State Walking and Biking trails, this home is perfectly located to enjoy everything Inland Bays has to offer. With 4 bedrooms and 3.5 bathrooms, there's plenty of space for everyone to chill out and unwind. Each room is a cozy retreat in itself. With a bright and breezy open concept design in the main living areas, entertaining large groups is easy and convenient; or just enjoying some individual rest and relaxation is made all the more peaceful. Hang out on the spacious rear deck, surrounded by lush woodlands owned by the Condo Association. And don't forget about the screened porch and outdoor shower for those lazy summer days. The comfort of a screened space for entertainment, and the privacy of being tucked beneath the home and not having any home behind makes this home ideal for family retreats or group getaways. The kitchen is a chef's dream with quartz countertops, upgraded cabinets, and top-of-the-line GE Profile Appliances. Get ready to whip up some seriously delicious meals! Take advantage of the open concept design attached to numerous outdoor living spaces – all visible from the centralized kitchen. Get pampered in the designer bathrooms with beautiful tile, full height cabinets, and all the trimmings for a spa-like experience. Each one specifically styled to enhance your new beach living lifestyle. With an in-home elevator, this home is convenient for all styles of life with unparalleled luxury. From the upgraded lighting to the propane fireplace, every detail adds a touch of elegance and coziness to this fabulous home. When you walk through the home, you can feel the quality and the character built into every corner. Experience the difference of an Evergreene Home at Inland Bays. Don't miss out on this chance to live the dream in Inland Bays, Bethany Beach. It's the perfect spot to kick back, relax, and enjoy life to the fullest.

Last Agent to Sell the Property

John Zacharias

(302) 537-1300 jgiles@psre.com Patterson-Schwartz-OceanView License #RS-0023593 Listed on: 05/08/2024

Patterson-Schwartz-OceanView

Last Buyer's Agent

NON MEMBER

NONMEM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,506 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Gas Fireplace

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Multiple Balconies
  • Porch

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • 200+ Amp Service
  • Propane
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-13.00-72.02-28

Community Details

Overview

  • $1,500 Capital Contribution Fee
  • Association fees include common area maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, pool(s), road maintenance, snow removal
  • Built by Evergreene Homes
  • Inland Bays Subdivision, Dewey II Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,850

Year Built

Built in 2024 | New Construction

Lot Details

0.4 Acres

HOA Fees

$325 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2506
  • Living Area Sq Ft: 2506
  • Price Per Sq Ft: 367.08
  • Above Grade Finished Sq Ft: 2506
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Covered Parking, Garage - Front Entry, 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: Ceiling Fan(s), Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Propane
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 325.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Pool(s), Road Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1500.00

Schools

  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Horses: No
  • Land Lease: No
  • Outdoor Living Structures: Porch(es), Balconies- Multiple
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Building Info

  • Builder Name: Evergreene Homes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1850.00
  • Assessor Parcel Number: 134-13.00-72.02-28
  • Tax Year: 2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jul 29, 2024
Sold by
Evg - County Ventures Llc
Bought by
Durant Leah V and Milmoe Michael P
Seller's Agent
John Zacharias
Patterson-Schwartz-OceanView
Buyer's Agent
NON MEMBER
NONMEM
List Price
$949,900
Sold Price
$900,000
Premium/Discount to List
-$49,900
-5.25%
Views
52
Current Estimated Value
$1,001,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,550
Avg. Annual Appreciation
6.78%
Original Mortgage
$600,000
Outstanding Balance
$585,255
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$416,295
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
Durant Leah V $900,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durant Leah V $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold $900,000 -2.2% $359 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/07/2024 06/07/24 Price Changed $919,900 -3.2% $367 / Sq Ft
05/08/2024 05/08/24 For Sale $949,900 -- $379 / 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 $1,770 $0 $0 $0
2024 $1,655 $0 $0 $0
2023 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2062062

Bright MLS

APN: 134-13.00-72.02-28

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