NOT LISTED FOR SALE

331 Le Pointe Dr Bethany Beach, DE 19930

Estimated Value: $1,469,000 - $2,688,000

4 Beds
4.5 Baths
2,900 Sq Ft
$667/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $985,000 $340 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $10,293/month

56 Days on Market

Highlights

  • Beach
  • Pier or Dock
  • Open Floorplan
  • Lord Baltimore Elementary School Rated A-
  • Gated Community
  • Lake Privileges

About This Home

As of October 2020

Impressive coastal home offering a spacious open floor plan with an abundance of natural light and located just a short walk to the private life guarded beach. This attractive property features soaring ceilings in the great room that opens to a screened porch and a large deck where you can enjoy views of the canal. With two master bedrooms, a second living room and an over-sized covered porch, there is an abundance of space to entertain or to find a private area to relax while spending quality time with loved ones at the beach. Recent improvements include new quartz countertops, stainless steel appliances, crisp white cabinetry, and fresh paint throughout the main areas. Positioned on a corner lot in the pristine community of Ocean Ridge with a private life-guarded beach, pool and tennis courts. This home is just a few steps from the community dock where it is easy to launch kayaks or paddle boards for a day on the water. Offered fully furnished, this home is ready to be enjoyed!

Last Agent to Sell the Property

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 06/30/2020

Long & Foster Real Estate, Inc.

Co-Listed By

Christi Arndt

(302) 245-5223 christi@lesliekopp.com Long & Foster Real Estate, Inc. License #RS-0023120

Last Buyer's Agent

Ann Raskauskas

(302) 245-2154 ann@bethanyarearealty.com BETHANY AREA REALTY LLC License #RB-0020092

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,636

Year Built

  • Built in 1999

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 74.00 x 63.00
  • Landscaped
  • Corner Lot
  • Property is zoned MR

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Piling Construction

Interior Spaces

  • 2,900 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Family Room
  • Screened Porch
  • Canal Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Electric Dryer
  • Washer

Parking

  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Lake Privileges
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 39
  • Assessor Parcel Number 134-09.00-1085.00

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, pier/dock maintenance, pool(s), road maintenance, security gate, snow removal, trash, reserve funds
  • Ocean Ridge West Subdivision

Recreation

  • Pier or Dock
  • Beach
  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,636

Year Built

Built in 1999

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: Yes
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Icemaker, Refrigerator, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Dining, Combination Kitchen/Living, Ceiling Fan(s), Whirlpool/Hottub, Window Treatments, Combination Dining/Living, Floor Plan - Open, Primary Bath(s), Recessed Lighting
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room List: Family Room, Great Room, Screened Porch
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2900
  • Living Area Sq Ft: 2900
  • Net Sq Ft: 2900.00
  • Price Per Sq Ft: 343.10
  • Above Grade Finished Sq Ft: 2900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 3
  • Lower Levels Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Canal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 2600.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Gated Community, Pier/Dock, Pool - Outdoor, Swimming Pool, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Road Maintenance, Security Gate, Snow Removal, Trash, Reserve Funds
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground, Fenced

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 31500.00
  • Land Assessed Value: 12000.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.10
  • Lot Dimensions: 74.00 x 63.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5126561
  • School Tax: 1443.00
  • Tax Annual Amount: 1636.00
  • Assessor Parcel Number: 134-09.00-1085.00
  • Tax Lot: 39
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Oct 2, 2020
Sold by
Collamore Jacqueline K
Bought by
Licameli Charles R and Licameli Kate E
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
List Price
$995,000
Sold Price
$985,000
Premium/Discount to List
-$10,000
-1.01%
Current Estimated Value
$1,901,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$916,484
Avg. Annual Appreciation
13.55%
Original Mortgage
$788,000
Outstanding Balance
$700,884
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,232,798

Purchase Details

Closed on
Apr 26, 2011
Bought by
Collamore Jacqueline Kelly

Purchase Details

Closed on
Apr 25, 2011
Bought by
Collamore Jacqueline Kelly
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Licameli Charles R $985,000 None Available
Collamore Jacqueline Kelly $960,000 --
Collamore Jacqueline Kelly $960,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Licameli Charles R $788,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $985,000 -1.0% $340 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $995,000 -- $343 / 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 $2,766 $43,500 $12,000 $31,500
2024 $1,805 $43,500 $12,000 $31,500
2023 $1,803 $43,500 $12,000 $31,500
2022 $1,774 $43,500 $12,000 $31,500
2021 $1,715 $43,500 $12,000 $31,500
2020 $1,636 $43,500 $12,000 $31,500
2019 $1,629 $43,500 $12,000 $31,500
2018 $0 $43,500 $0 $0
2017 $1,658 $43,500 $0 $0
2016 $1,461 $43,500 $0 $0
2015 $1,506 $43,500 $0 $0
2014 $1,484 $43,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU162848

Bright MLS

APN: 134-09.00-1085.00