NOT LISTED FOR SALE

34393 Coastal Hwy Bethany Beach, DE 19930

Estimated Value: $1,075,191 - $1,393,000

4 Beds
2.5 Baths
1,680 Sq Ft
$723/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $725,000 $432 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,469/month

27 Days on Market

Highlights

  • Open Floorplan
  • Cape Cod Architecture
  • Furnished
  • Lord Baltimore Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of May 2020

Charming Oceanblock home, just steps to the beach in South Bethany. Enjoy this furnished 4 bedroom, 2.5 bath beach house which features an open floorplan that is wonderful for entertaining and offers an abundance of natural light. Entering the home, you are greeted by the living room which flows into the dining room and kitchen. The main floor also has 2 bedrooms and a full bath along with a delightful screened porch and a large, sun-filled wraparound deck. Upstairs provides 2 additional over-sized bedrooms and a second full bathroom. Along with plenty of parking, on the ground level, there is an outdoor shower and storage closet to make trips to and from the beach a breeze. This property is situated just 4 homes off the beautiful wide lifeguarded beach, a short walk to shopping and restaurants in South Bethany or a quick bike ride to downtown Bethany. This would be a lovely home to spend the summer with family at the beach or an excellent investment with a proven rental history.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 02/13/2020

Long & Foster Real Estate, Inc.

Co-Listed By

WILLIAM MAKOWSKI

Berkshire Hathaway HomeServices PenFed Realty License #RS-0022470

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 02/13/2020

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,735

Year Built

  • Built in 1992

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 64.00 x 80.00
  • Cleared Lot

Parking

  • Stone Driveway

Home Design

  • Cape Cod Architecture
  • Coastal Architecture
  • Shingle Roof
  • Vinyl Siding
  • Modular or Manufactured Materials
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,680 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Window Screens

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Wrap Around Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 40
  • Assessor Parcel Number 134-20.08-211.01

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,735

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod, Coastal, Modular/Pre-Fabricated
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Chair w/ Mermaids
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1992
  • Remarks Public: Charming Oceanblock home, just steps to the beach in South Bethany. Enjoy this furnished 4 bedroom, 2.5 bath beach house which features an open floorplan that is wonderful for entertaining and offers an abundance of natural light. Entering the home, you are greeted by the living room which flows into the dining room and kitchen. The main floor also has 2 bedrooms and a full bath along with a delightful screened porch and a large, sun-filled wraparound deck. Upstairs provides 2 additional over-sized bedrooms and a second full bathroom. Along with plenty of parking, on the ground level, there is an outdoor shower and storage closet to make trips to and from the beach a breeze. This property is situated just 4 homes off the beautiful wide lifeguarded beach, a short walk to shopping and restaurants in South Bethany or a quick bike ride to downtown Bethany. This would be a lovely home to spend the summer with family at the beach or an excellent investment with a proven rental history.
  • Special Features: VirtualTour
  • Property Sub Type: MobileManufactured

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Laminated, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Floor Plan - Open, Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 446.43
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 34393

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Modular/Manufactured, Stick Built, Vinyl Siding
  • Exterior Features: Outside Shower
  • Road Surface Type: Paved
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway, Under Home Parking
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

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: RS
  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Dimensions: 64.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Deck(s), Screened, Wrap Around
  • Year Assessed: 2019
  • Zoning: TN 364
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5119684
  • School Tax: 929.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1734.78
  • Assessor Parcel Number: 134-20.08-211.01
  • Tax Lot: 40
  • Tax Total Finished Sq Ft: 1120
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/27/2020

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
Feb 13, 2020
Closed on
May 26, 2020
Sold by
Caverly Samar and Doany Fuad
Bought by
Weber Will and Weber Sally E
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Current Estimated Value
$1,163,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,935
Avg. Annual Appreciation
10.68%
Original Mortgage
$510,400
Outstanding Balance
$457,395
Interest Rate
3.2%
Estimated Equity
$772,979

Purchase Details

Closed on
Jul 7, 1989
Bought by
Doany Fuad and Samar Caverly
Source: Public Records

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
Weber Will $725,000 None Available
Doany Fuad $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weber Will $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $725,000 -3.3% $432 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $750,000 -- $446 / 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 $1,164 $28,150 $9,250 $18,900
2023 $1,163 $28,150 $9,250 $18,900
2022 $1,144 $28,150 $9,250 $18,900
2021 $1,110 $28,150 $9,250 $18,900
2020 $1,059 $28,150 $9,250 $18,900
2019 $1,054 $28,150 $9,250 $18,900
2018 $1,064 $28,150 $0 $0
2017 $1,073 $28,150 $0 $0
2016 $946 $28,150 $0 $0
2015 $975 $28,150 $0 $0
2014 $960 $28,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU156024

Bright MLS

APN: 134-20.08-211.01