31661 N Ocean Way Bethany Beach, DE 19930
6
Beds
6.5
Baths
5,000
Sq Ft
8,276
Sq Ft Lot
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 2021New 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.
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
- 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,403,832
Avg. Annual Appreciation
-0.74%
Original Mortgage
$3,217,500
Outstanding Balance
$2,985,580
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,816,420
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
Similar Homes in Bethany Beach, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $4,950,000 | None Available | |
| Deed | -- | None Available | |
| Deed | -- | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | Credit Line Revolving | |
| Open | $3,217,500 | Adjustable Rate Mortgage/ARM |
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
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 |
|---|---|---|---|---|
| 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
-
MARTHA LOWE
Seller's Agent in 2021
MARTHA LOWE
Long & Foster
(302) 245-7142
5 in this area
20 Total Sales
-
TODD VICKERS
Seller Co-Listing Agent in 2021
TODD VICKERS
Long & Foster
(302) 236-9164
6 in this area
54 Total Sales
-
Marsha White
Buyer's Agent in 2021
Marsha White
Crowley Associates Realty
(302) 245-7418
24 in this area
46 Total Sales
Map
Source: Bright MLS
MLS Number: DESU168014
APN: 134-13.00-1107.00
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