NOT LISTED FOR SALE

31686 S Ocean Way Bethany Beach, DE 19930

Estimated Value: $3,440,000 - $3,477,000

5 Beds
5.5 Baths
3,862 Sq Ft
$896/Sq Ft Est. Value

Last Sold January 24, 2017

Last sale price $2,250,000 $583 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $18,947/month

Highlights

  • Ocean View
  • Beach
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Gated Community
  • Deck

About This Home

As of January 2017

Stunning coastal home just one off the oceanfront featuring an impressive great room with window lined walls, vaulted ceilings, and lovely hardwood floors. This meticulously maintained home was beautifully remodeled paying special attention to details and fine finishes. Positioned on a large corner lot in a highly desirable gated community with a pristine beach and easy walking distance into the town of Bethany.

Last Agent to Sell the Property

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 11/25/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 11/25/2016

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,436

Year Built

  • Built in 1992

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 20x54x120x71x107
  • Landscaped
  • Corner Lot
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $158 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home
  • Cedar

Interior Spaces

  • 3,862 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Open Floorplan
  • Ocean Views
  • Security Gate
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Covered Parking
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-13.00-1121.00

Community Details

Overview

  • Seabreak Subdivision

Recreation

  • Beach
  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,436

Year Built

Built in 1992

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1992
  • Remarks Public: Stunning coastal home just one off the oceanfront featuring an impressive great room with window lined walls, vaulted ceilings, and lovely hardwood floors. This meticulously maintained home was beautifully remodeled paying special attention to details and fine finishes. Positioned on a large corner lot in a highly desirable gated community with a pristine beach and easy walking distance into the town of Bethany.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Oven/Range - Electric, Oven - Self Cleaning, Range Hood, Washer, Water Heater - Tankless
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Island, Combination Kitchen/Dining, Combination Kitchen/Living, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Level Count: 3
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3862
  • Living Area Sq Ft: 3862
  • Net Sq Ft: 3862.00
  • Price Per Sq Ft: 594.25
  • Above Grade Finished Sq Ft: 3862
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31686

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Garage Features: Covered Parking
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 721.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 1900.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Gated Community, Tennis Courts
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.13
  • Lot Dimensions: 20x54x120x71x107
  • Lot Size Units: Acres
  • Lot Sq Ft: 5663.00
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es), Screened
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5106143
  • Assessor Parcel Number: 134-13.00-1121.00
  • County Tax Payment Frequency: Annually
  • Close Date: 01/24/2017

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2016
Closed on
Jan 17, 2017
Sold by
Johnson Sandra L and Johnson Thomas J
Bought by
Cerasoli Michael S and Cerssoli Natalie P
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$2,295,000
Sold Price
$2,250,000
Premium/Discount to List
-$45,000
-1.96%
Current Estimated Value
$3,458,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,208,500
Avg. Annual Appreciation
5.08%
Original Mortgage
$1,000,000
Outstanding Balance
$828,755
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$2,629,745

Purchase Details

Closed on
Aug 30, 1991
Bought by
Johnson Thomas J and Johnson Sandra L
Source: Public Records

Range of Values:

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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
Cerasoli Michael S $2,250,000 None Available
Johnson Thomas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cerasoli Michael S $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2017 01/24/17 Sold $2,250,000 -2.0% $583 / Sq Ft
11/25/2016 11/25/16 Pending -- -- --
11/25/2016 11/25/16 For Sale $2,295,000 -- $594 / 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 $5,436 $57,900 $13,500 $44,400
2024 $2,394 $57,900 $13,500 $44,400
2023 $2,392 $57,900 $13,500 $44,400
2022 $2,353 $57,900 $13,500 $44,400
2021 $2,282 $57,900 $13,500 $44,400
2020 $2,178 $57,900 $13,500 $44,400
2019 $2,168 $57,900 $13,500 $44,400
2018 $2,189 $57,900 $0 $0
2017 $2,207 $57,900 $0 $0
2016 $1,945 $57,900 $0 $0
2015 $2,005 $57,900 $0 $0
2014 $1,975 $57,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leslie Kopp

    Seller's Agent in 2017

    Leslie Kopp

    Long & Foster

    (302) 542-3917

    382 in this area

    722 Total Sales

    Leslie Kopp
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Map

Source: Bright MLS

MLS Number: 1001023744

Bright MLS

APN: 134-13.00-1121.00

Delaware Sussex County Bethany Beach 19930

31686 S Ocean Way, Bethany Beach, DE

This home is located at 31686 S Ocean Way, Bethany Beach, DE 19930 since 25 November 2016 and is currently estimated at $3,458,500, approximately $895 per square foot. This property was built in 1992. 31686 S Ocean Way is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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