NOT LISTED FOR SALE

35 Inlet View Ct Bethany Beach, DE 19930

Estimated Value: $988,000 - $3,468,000

7 Beds
8 Baths
12,000 Sq Ft
$207/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $2,850,000 $238 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $14,537/month

23 Days on Market

Highlights

  • Marina
  • Ocean View
  • Parking available for a boat
  • Lord Baltimore Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Home fronts navigable water

About This Home

As of June 2021

This unique home truly defines coastal lifestyle! Located on the South Side of the Indian River Inlet. Within the protected boundaries of the State Park, this home is only 5 miles from both Bethany and Rehoboth Beach. The community of South Shore Marina is gated with amenities such as, a swimming pool, tennis courts, a clubhouse and a marina. The beach is accessible by bicycle, golf cart, on foot or by car (beach parking is provided by State Park.) Other activities include oceanfront dining and various State Park amenities along with a restaurant right down the street! After you've enjoyed a fun-filled day, it's time to go and enjoy your 12,000 sqft WATERFRONT home - newly built in 2016. There is a water view from every window! This home features 7 bedrooms, 6 full baths and 2 half baths. Notable features include partial steel framing, Wolfe appliances, double laundry rooms (lower and upper floor) and an elevator. To say the least, this home is designed to entertain both families and guests and guaranteed to be the most spacious within this price point. The open floor plan and cathedral ceilings create an extremely high end setting. The owners built this home to personal standards that convey quality and craftsmanship at every corner. You're invited to come see this home for yourself!

Last Agent to Sell the Property

Kasey Keith

RE/MAX Coastal License #RS-0025281 Listed on: 04/09/2021

RE/MAX Coastal

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,937

Year Built

  • Built in 2016

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 80.00 x 160.00
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Property has an invisible fence for dogs
  • Extensive Hardscape
  • Sprinkler System
  • Property is zoned MR

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener
  • Parking available for a boat

Property Views

  • Ocean
  • Marina
  • Bay
  • Panoramic

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Pitched Roof
  • Architectural Shingle Roof
  • Aluminum Siding
  • Piling Construction

Interior Spaces

  • 12,000 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Double Pane Windows
  • Window Treatments
  • French Doors
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Self-Cleaning Oven
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Concrete
  • Tile or Brick
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • Primary bedroom faces the bay
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Security Gate
  • Exterior Cameras
  • Storm Doors
  • Fire Sprinkler System
  • Flood Lights

Accessible Home Design

  • Accessible Elevator Installed
  • More Than Two Accessible Exits

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Spa
  • Access to Tidal Water
  • Water Access
  • Property near a bay
  • Bulkhead
  • Rip-Rap
  • Balcony
  • Deck
  • Enclosed patio or porch
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Central Air
  • Air Filtration System
  • Heat Pump System
  • Vented Exhaust Fan
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 134-02.00-17.00

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), security gate, snow removal
  • South Shore Marina Subdivision
  • Property Manager

Recreation

  • Marina
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,937

Year Built

Built in 2016

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits, Elevator
  • Ownership: Fee Simple
  • Inclusions: Furniture, Fitness Equipment, Shuffleboard/Pool Table
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Remarks Public: This unique home truly defines coastal lifestyle! Located on the South Side of the Indian River Inlet. Within the protected boundaries of the State Park, this home is only 5 miles from both Bethany and Rehoboth Beach. The community of South Shore Marina is gated with amenities such as, a swimming pool, tennis courts, a clubhouse and a marina. The beach is accessible by bicycle, golf cart, on foot or by car (beach parking is provided by State Park.) Other activities include oceanfront dining and various State Park amenities along with a restaurant right down the street! After you've enjoyed a fun-filled day, it's time to go and enjoy your 12,000 sqft WATERFRONT home - newly built in 2016. There is a water view from every window! This home features 7 bedrooms, 6 full baths and 2 half baths. Notable features include partial steel framing, Wolfe appliances, double laundry rooms (lower and upper floor) and an elevator. To say the least, this home is designed to entertain both families and guests and guaranteed to be the most spacious within this price point. The open floor plan and cathedral ceilings create an extremely high end setting. The owners built this home to personal standards that convey quality and craftsmanship at every corner. You're invited to come see this home for yourself!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Energy Efficient Appliances, Extra Refrigerator/Freezer, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Range Hood, Refrigerator, Six Burner Stove, Washer, Water Heater - Tankless
  • Flooring Type: Carpet, Ceramic Tile, Concrete, Laminated, Tile/Brick
  • Interior Amenities: Air Filter System, Bar, Built-Ins, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Elevator, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bedroom - Ocean Front, Recessed Lighting, Soaking Tub, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments, Wood Floors, Stove - Wood, Primary Bedroom - Bay Front
  • Window Features: Double Pane, Energy Efficient
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Energy Star Qualified Door(s), French, Insulated, Storm
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Crawl Space, Pilings
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Has Laundry, Lower Floor, Upper Floor
  • Total Sq Ft: 12000
  • Living Area Sq Ft: 12000
  • Price Per Sq Ft: 245.83
  • Above Grade Finished Sq Ft: 12000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 35

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 7
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 8.00
  • Main Level Full Bathrooms: 6
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Boat Storage, Extensive Hardscape, Exterior Lighting, Flood Lights, Hot Tub, Underground Lawn Sprinkler
  • Roof: Architectural Shingle, Pitched
  • View: Bay, Ocean, Panoramic, Marina
  • Water Access: Yes
  • Water Body Name: Indian River
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Built In, Garage - Front Entry, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

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: Tankless
  • Security: Electric Alarm, Exterior Cameras, Security Gate, Security System, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1982.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Gated Community, Marina/Marina Club, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Security Gate, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Invisible
  • Land Use Code: RS
  • Lot Features: Bulkheaded, Rip-Rapped
  • Lot Size Acres: 0.29
  • Lot Dimensions: 80.00 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es), Enclosed
  • Year Assessed: 2020
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5119177
  • School Tax: 4353.00
  • Tax Annual Amount: 4937.00
  • Assessor Parcel Number: 134-02.00-17.00
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 112
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/09/2021

Multi Family

  • Waterfront Features: Rip-Rap

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 9, 2021
Sold by
Inman-Burns Jacklyn and Burns Matthew M
Bought by
Plexico Kevin M and Plexico Kristin A
Seller's Agent
Kasey Keith
RE/MAX Coastal
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$2,950,000
Sold Price
$2,850,000
Premium/Discount to List
-$100,000
-3.39%
Total Days on Market
23
Current Estimated Value
$2,479,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$370,333
Avg. Annual Appreciation
-6.90%
Original Mortgage
$2,000,000
Outstanding Balance
$1,830,352
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$312,410

Purchase Details

Closed on
Dec 9, 2020
Sold by
Inman Jacklyn L
Bought by
Inman-Burns Jacklyn and Burns Matthew M

Purchase Details

Closed on
Jun 17, 2014
Sold by
Charles A Charles A
Bought by
Inman Jacklyn L
Source: Public Records

Range of Values:

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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
Plexico Kevin M $2,850,000 None Available
Plexico Kevin M $2,850,000 None Available
Inman-Burns Jacklyn -- None Available
Inman Jacklyn L $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plexico Kevin M $2,000,000
Closed Plexico Kevin M $2,000,000
Previous Owner Inman Burns Jacklyn $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $2,850,000 -3.4% $238 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $2,950,000 -- $246 / 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 $5,427 $131,250 $20,200 $111,050
2023 $5,421 $131,250 $20,200 $111,050
2022 $5,333 $131,250 $20,200 $111,050
2021 $5,174 $131,250 $20,200 $111,050
2020 $4,885 $131,250 $20,200 $111,050
2019 $4,927 $131,250 $20,200 $111,050
2018 $4,975 $131,250 $0 $0
2017 $5,004 $131,250 $0 $0
2016 $4,421 $131,250 $0 $0
2015 $712 $20,200 $0 $0
2014 $701 $20,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU180632

Bright MLS

APN: 134-02.00-17.00