NOT LISTED FOR SALE

31661 N Ocean Way Bethany Beach, DE 19930

Estimated Value: $4,422,000 - $5,738,000

6 Beds
6.5 Baths
5,000 Sq Ft
$1,016/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $4,950,000 $990 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $28,058/month

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Sandy Beach
  • Lord Baltimore Elementary School Rated A-
  • Access to Tidal Water
  • Gourmet Kitchen

About This Home

As of June 2021

New price for an impeccable oceanfront home in Seabreak! The care and planning that went into the design and construction of this residence is evident from the moment you enter the paved curved driveway and are greeted by the carved wooden staircase within the entreway. The feeling of spaciousness and light is throughout the home, with 9' ceilings on the main floor, 8' on the ground floor, and vaulted ceilings on the third floor. The abundance of windows throughout allows the panoramic ocean views to be seen from almost every angle of the living space. There is ample room for family and friends, with 5 spacious bedrooms, 6 full baths, and one half bath. An additional room, with locking closet and its own balconey, could also be used as an additional bedroom. There are two large suites on the third floor, each with its own oceanfront deck, fireplace, and full baths. This is especially beneficial if there is co-ownership of the home. An additional room on the ground floor, which is currently being used as a game/rec room, would also be a good sized bedroom, with an adjacent full bath. Two complete laundry rooms, one located on the ground floor where beach access is, the second on the main floor, provide easy workspace for those necessary tasks that come with beach enjoyment. The living, dining, and kitchen areas are open and take full advantage of that ocean view the home was designed around. There is almost unlimited space for entertaining, and enjoying the company of friends and family. Once you step outside, the grand deck, with tempered safety glass railings so as not to impede the view, beckons you to sit, relax, and enjoy a drink while taking in the vista that makes this home so captivating. The home is being sold fully furnished, ready for the new owners to enjoy. In addition to the abundant special features of this home, the community of Seabreak offers guarded beaches during the season, tennis, and is an easy walk or bike ride to the town of Bethany Beach. Showings over the Memorial Day holiday can not be scheduled until after 12 pm and must have at least one hour's notice to listing agent.

Last Agent to Sell the Property

MARTHA LOWE

(302) 245-7142 martha.lowe@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 09/13/2020

Long & Foster Real Estate, Inc.

Co-Listed By

TODD VICKERS

(302) 236-9164 info@toddvickers.com Long & Foster Real Estate, Inc. License #5017463

Last Buyer's Agent

Marsha White

(302) 245-7418 Surfingbethany@aol.com Crowley Associates Realty License #RS-0017470

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 2001

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 61.00 x 145.00
  • Ocean Front
  • Sandy Beach
  • West Facing Home
  • Landscaped
  • Property is in excellent condition
  • Property is zoned MR

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 5 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Entry on the 2nd floor
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • Property has 4 Levels
  • 1 Elevator
  • Open Floorplan
  • Furnished
  • Curved or Spiral Staircase
  • Built-In Features
  • Ceiling Fan
  • 3 Fireplaces
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Ocean Views

Kitchen

  • Gourmet Kitchen
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Interior Basement Entry
  • Garage Access

Home Security

  • Home Security System
  • Storm Windows

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Private Water Access
  • Property is near an ocean
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Water Conditioner is Owned
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 134-13.00-1107.00

Community Details

Overview

  • Susan Chamberlain HOA
  • Seabreak Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,699

Year Built

Built in 2001

Lot Details

0

HOA Fees

$167 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator, Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Home sold as seen when viewed, except for personal items and clothes.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-09-13
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: New price for an impeccable oceanfront home in Seabreak! The care and planning that went into the design and construction of this residence is evident from the moment you enter the paved curved driveway and are greeted by the carved wooden staircase within the entreway. The feeling of spaciousness and light is throughout the home, with 9' ceilings on the main floor, 8' on the ground floor, and vaulted ceilings on the third floor. The abundance of windows throughout allows the panoramic ocean views to be seen from almost every angle of the living space. There is ample room for family and friends, with 5 spacious bedrooms, 6 full baths, and one half bath. An additional room, with locking closet and its own balconey, could also be used as an additional bedroom. There are two large suites on the third floor, each with its own oceanfront deck, fireplace, and full baths. This is especially beneficial if there is co-ownership of the home. An additional room on the ground floor, which is currently being used as a game/rec room, would also be a good sized bedroom, with an adjacent full bath. Two complete laundry rooms, one located on the ground floor where beach access is, the second on the main floor, provide easy workspace for those necessary tasks that come with beach enjoyment. The living, dining, and kitchen areas are open and take full advantage of that ocean view the home was designed around. There is almost unlimited space for entertaining, and enjoying the company of friends and family. Once you step outside, the grand deck, with tempered safety glass railings so as not to impede the view, beckons you to sit, relax, and enjoy a drink while taking in the vista that makes this home so captivating. The home is being sold fully furnished, ready for the new owners to enjoy. In addition to the abundant special features of this home, the community of Seabreak offers guarded beaches during the season, tennis, and is an easy walk or bike ride to the town of Bethany Beach. Showings over the Memorial Day holiday can not be scheduled until after 12 pm and must have at least one hour's notice to listing agent.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven - Self Cleaning, Refrigerator, Washer, Water Heater, Water Conditioner - Owned
  • Entry Floor: 2
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Curved Staircase, Elevator, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Primary Bedroom - Ocean Front, Pantry, Soaking Tub, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Insulated, Screens, Storm
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: Insulated
  • Elevators Count: 1
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Garage Access, Interior Access
  • Laundry Type: Main Floor, Lower Floor
  • Total Sq Ft: 5000
  • Living Area Sq Ft: 5000
  • Price Per Sq Ft: 998.00
  • Above Grade Finished Sq Ft: 5000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31661

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Outside Shower
  • Roof: Architectural Shingle
  • Spa: No
  • View: Ocean
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 2000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts
  • HOA Name: SUSAN CHAMBERLAIN
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RS
  • Lot Features: Landscaping
  • Lot Size Acres: 0.19
  • Lot Dimensions: 61.00 x 145.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Year Assessed: 2020
  • Zoning: MR
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5106129
  • School Tax: 2380.00
  • Tax Annual Amount: 2699.00
  • Assessor Parcel Number: 134-13.00-1107.00
  • Tax Lot: 8
  • Tax Total Finished Sq Ft: 1024
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/30/2021

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2020
Closed on
Jul 16, 2021
Sold by
T & Bonnie Bennett Ft
Bought by
Haney Matthew B and Haney Amie E
Seller's Agent
MARTHA LOWE
Long & Foster Real Estate, Inc.
Buyer's Agent
Marsha White
Crowley Associates Realty
List Price
$5,475,000
Sold Price
$4,950,000
Premium/Discount to List
-$525,000
-9.59%
Current Estimated Value
$5,080,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,000
Avg. Annual Appreciation
0.61%
Original Mortgage
$3,217,500
Outstanding Balance
$2,957,715
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,122,285

Purchase Details

Closed on
Nov 25, 2020
Sold by
Bennett Theodore W and Bennett Bonnie B
Bought by
Theodore & B Bennett Ft

Purchase Details

Closed on
Oct 20, 1998
Bought by
Bennett Theodore W Bonnie B Bennett
Source: Public Records

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
Haney Matthew B $4,950,000 None Available
Theodore & B Bennett Ft -- None Available
Bennett Theodore W -- None Available
Bennett Theodore W Bonnie B Bennett -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haney Matthew B $3,217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $4,950,000 -0.8% $990 / Sq Ft
05/18/2021 05/18/21 Price Changed $4,990,000 -5.8% $998 / Sq Ft
04/08/2021 04/08/21 Price Changed $5,299,000 -3.2% $1,060 / Sq Ft
09/13/2020 09/13/20 For Sale $5,475,000 -- $1,095 / Sq Ft
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
2025 $11,490 $71,750 $24,150 $47,600
2024 $2,967 $71,750 $24,150 $47,600
2023 $2,964 $71,750 $24,150 $47,600
2022 $2,916 $71,750 $24,150 $47,600
2021 $2,828 $71,750 $24,150 $47,600
2020 $2,699 $71,750 $24,150 $47,600
2019 $2,687 $71,750 $24,150 $47,600
2018 $2,713 $71,750 $0 $0
2017 $2,735 $71,750 $0 $0
2016 $2,410 $71,750 $0 $0
2015 $2,485 $71,750 $0 $0
2014 $2,447 $71,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU168014

Bright MLS

APN: 134-13.00-1107.00