NOT LISTED FOR SALE

31885 Jeremys Branch Unit 32 Bethany Beach, DE 19930

Estimated Value: $683,227 - $898,000

3 Beds
3.5 Baths
1,700 Sq Ft
$462/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $472,000 $278 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,877/month

4 Days on Market

Highlights

  • Golf Club
  • Fitness Center
  • Waterfront
  • Lord Baltimore Elementary School Rated A-
  • Fishing Allowed
  • Clubhouse

About This Home

As of December 2019

Rarely available waterfront townhome in Bethany Beach's famous Salt Pond Community. This well-appointed home has 1900 square feet on three levels. The main level has an open concept living space with magnificent views of an 90-acre inland pond, a wood burning fireplace for cooler evenings, a well appointed kitchen with high-end granite countertops, powder room, and a generous dining space. The main level also boasts a dining deck overlooking the peaceful waves of the Salt Pond, ospreys and seagulls soaring.Below is a garden and your small private dock for crabbing or launching kayaks; the built in bench invites sitting alongside the salt pond with a morning coffee or an evening wine. The third level has two generously sized bedrooms, each with a full bath. The front bedroom looks out on tall pines and the master has pond views and a private deck shaded by a retractable awning. The ground level has a bedroom with en-suite full bath and doors leading to a patio overlooking the water. It makes for a perfect guest suite getaway or home office. There is additional storage on the entry level, a laundry closet with washer and dryer, as well as a one car garage with storage closet. There is also a well sized attic that could be easily converted into living space. Aside from being less than a mile from the beach, the Salt Pond Community offers a mid-length, executive 18-hole golf course, a community recreational center, indoor and outdoor pools, tennis and pickleball courts, a children's play area, and other amenities. The community is composed of single-family homes and town homes all nestled in established, tree filled streets with interior ponds, and shaded walking and bike paths. Many residents are full time while others maintain seasonal homes. Salt Pond is uniquely situated for Delaware beach lovers, as it is about midway between the resort communities of Rehoboth Beach, Delaware to the north and Ocean City, Maryland to the south. These townhomes do not come up often, so if you are looking for affordable waterfront property to begin your life by the sea in a habitat-rich community, do not wait to visit!

Last Listed By

Paul Sicari

Compass License #659389 Listed on: 10/10/2019

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,153

Year Built

  • Built in 1993

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 20.00 x 83.00
  • Waterfront

HOA Fees

  • $416 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Frame Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Partial Basement

Bedrooms and Bathrooms

Outdoor Features

  • Canoe or Kayak Water Access
  • Personal Watercraft
  • Property is near a pond

Additional Features

  • Flood Risk
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 134-13.00-1724.00

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, management, pool(s), reserve funds, recreation facility, road maintenance, snow removal
  • Schooner Village HOA, Phone Number (302) 541-5312
  • Salt Pond Subdivision
  • Property Manager

Amenities

  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room

Recreation

  • Golf Club
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Shuffleboard Court
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Fishing Allowed
  • Putting Green

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,153

Year Built

Built in 1993

Lot Details

0

HOA Fees

$416 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 2, Upper 3
  • Expected On Market: 2019-10-14
  • Federal Flood Zone: Yes
  • Year Built: 1993
  • Remarks Public: Rarely available waterfront townhome in Bethany Beach's famous Salt Pond Community. This well-appointed home has 1900 square feet on three levels. The main level has an open concept living space with magnificent views of an 90-acre inland pond, a wood burning fireplace for cooler evenings, a well appointed kitchen with high-end granite countertops, powder room, and a generous dining space. The main level also boasts a dining deck overlooking the peaceful waves of the Salt Pond, ospreys and seagulls soaring.Below is a garden and your small private dock for crabbing or launching kayaks; the built in bench invites sitting alongside the salt pond with a morning coffee or an evening wine. The third level has two generously sized bedrooms, each with a full bath. The front bedroom looks out on tall pines and the master has pond views and a private deck shaded by a retractable awning. The ground level has a bedroom with en-suite full bath and doors leading to a patio overlooking the water. It makes for a perfect guest suite getaway or home office. There is additional storage on the entry level, a laundry closet with washer and dryer, as well as a one car garage with storage closet. There is also a well sized attic that could be easily converted into living space. Aside from being less than a mile from the beach, the Salt Pond Community offers a mid-length, executive 18-hole golf course, a community recreational center, indoor and outdoor pools, tennis and pickleball courts, a children's play area, and other amenities. The community is composed of single-family homes and town homes all nestled in established, tree filled streets with interior ponds, and shaded walking and bike paths. Many residents are full time while others maintain seasonal homes. Salt Pond is uniquely situated for Delaware beach lovers, as it is about midway between the resort communities of Rehoboth Beach, Delaware to the north and Ocean City, Maryland to the south. These townhomes do not come up often, so if you are looking for affordable waterfront property to begin your life by the sea in a habitat-rich community, do not wait to visit!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1700
  • Living Area Sq Ft: 1700
  • Price Per Sq Ft: 281.76
  • Above Grade Finished Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31885

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level 3 Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level 3 Full Bathrooms: 2
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 4990.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Community Center, Fitness Center, Golf Course Membership Available, Golf Club, Hot Tub, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Putting Green, Shuffleboard, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Recreation Facility, Road Maintenance, Snow Removal
  • HOA Name: SCHOONER VILLAGE
  • HOA Phone: 302-541-5312
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RM
  • Lot Size Acres: 0.03
  • Lot Dimensions: 20.00 x 83.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Year Assessed: 2019
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5107111
  • School Tax: 1016.00
  • Tax Annual Amount: 1153.00
  • Assessor Parcel Number: 134-13.00-1724.00
  • Tax Total Finished Sq Ft: 700
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 12/19/2019

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Dec 19, 2019
Sold by
Whorton Barbara Y
Bought by
Andino and Guarders Jose F
Seller's Agent
Paul Sicari
Compass
Buyer's Agent
Michael Kennedy
Compass
List Price
$479,000
Sold Price
$472,000
Premium/Discount to List
-$7,000
-1.46%
Total Days on Market
4
Current Estimated Value
$785,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,557
Avg. Annual Appreciation
9.87%
Original Mortgage
$401,200
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 12, 1999
Bought by
Whorton Barbara Y

Range of Values:

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Average Value
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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
Andino $472,000 None Available
Whorton Barbara Y $254,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guarderas Jose F $393,000
Closed Andino $401,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2019 12/19/19 Sold $472,000 -1.5% $278 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $479,000 -- $282 / 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
2024 $1,273 $30,800 $4,850 $25,950
2023 $1,272 $30,800 $4,850 $25,950
2022 $1,252 $30,800 $4,850 $25,950
2021 $1,214 $30,800 $4,850 $25,950
2020 $1,159 $30,800 $4,850 $25,950
2019 $765 $30,800 $4,850 $25,950
2018 $777 $30,800 $0 $0
2017 $786 $30,800 $0 $0
2016 $644 $30,800 $0 $0
2015 $652 $30,800 $0 $0
2014 $636 $30,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU149282

Bright MLS

APN: 134-13.00-1724.00