NOT LISTED FOR SALE

32087 Surf Rd Bethany Beach, DE 19930

Estimated Value: $6,095,000 - $7,592,000

6 Beds
6.5 Baths
5,476 Sq Ft
$1,211/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $5,752,000 $1,050 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $35,619/month

154 Days on Market

Highlights

  • Ocean View
  • Beach
  • Water Access
  • Lord Baltimore Elementary School Rated A-
  • Home fronts navigable water
  • Coastal Architecture

About This Home

As of October 2018

Exquisite Oceanfront home in Sussex Shores, one of the most highly sought-after communities on the Delaware Coast. With direct beach access from your own private walkway, this recently renovated home offers the latest in smart home technology, a gourmet kitchen, impressive great room, 6 spacious en-suite bedrooms with a luxury master suite, second living room with wet bar, expansive ocean side decks and screened porch, elevator and more. Situated on an over-sized lot with 80 feet of beachfront and positioned further East than surrounding homes to capture endless coastline views and a level of privacy that is unable to be matched. One of the finest oceanfront residences to be offered for sale, a home with this level of perfection, adjacent to the town of Bethany and situated on a private beach with life guards is truly a rare find.

Last Agent to Sell the Property

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 04/21/2018

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: 04/21/2018

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 80 x 180
  • Home fronts navigable water
  • Landscaped
  • Sprinkler System
  • Zoning described as RESIDENTIAL PLANNED COMM.

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Brick Driveway
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 5,476 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Ocean Views
  • Home Security System

Kitchen

  • Built-In Double Oven
  • Gas Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-13.16-25.00

Community Details

Overview

  • Sussex Shores Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$150 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Oven - Double, Oven - Wall, Washer
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Kitchen - Island, Combination Kitchen/Dining, Ceiling Fan(s), Elevator
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Pilings
  • Level Count: 3
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 5476
  • Living Area Sq Ft: 5476
  • Net Sq Ft: 5476.00
  • Price Per Sq Ft: 1204.35
  • Above Grade Finished Sq Ft: 5476
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 4
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 5
  • Lower Levels Bathrooms: 5.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 4
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Parking Features: Brick Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s), Zoned
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1686.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 1800.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.33
  • Lot Dimensions: 80 x 180
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14400.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning: RESIDENTIAL
  • Zoning Description: RESIDENTIAL PLANNED COMM.
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5109078
  • Assessor Parcel Number: 134-13.16-25.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2018
Closed on
Dec 4, 2018
Sold by
Robinson Stephen W and Robinson Jean M
Bought by
Dsd On Side Llc
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$6,595,000
Sold Price
$5,752,000
Premium/Discount to List
-$843,000
-12.78%
Current Estimated Value
$6,632,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$880,219
Avg. Annual Appreciation
1.99%
Original Mortgage
$3,500,000
Outstanding Balance
$3,058,295
Interest Rate
4.4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,573,924
Source: Public Records
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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
Dsd On Side Llc $5,752,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dsd On Side Llc $3,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2018 10/26/18 Sold $5,752,000 -12.8% $1,050 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
04/21/2018 04/21/18 For Sale $6,595,000 -- $1,204 / 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 $13,586 $116,600 $37,750 $78,850
2024 $4,821 $116,600 $37,750 $78,850
2023 $4,816 $116,600 $37,750 $78,850
2022 $4,738 $116,600 $37,750 $78,850
2021 $4,596 $116,600 $37,750 $78,850
2020 $4,386 $116,600 $37,750 $78,850
2019 $4,366 $116,600 $37,750 $78,850
2018 $4,409 $116,600 $0 $0
2017 $4,445 $116,600 $0 $0
2016 $4,009 $112,600 $0 $0
2015 $3,980 $108,400 $0 $0
2014 $3,924 $108,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001571210

Bright MLS

APN: 134-13.16-25.00