Seller's Agent in 2024
Henry Jaffe
OCEAN ATLANTIC SOTHEBYS
(302) 296-6646
9 in this area
108 Total Sales
35048 Loretta St Bethany Beach, DE 19930
Estimated Value: $1,322,000 - $1,726,000
4
Beds
2.5
Baths
3,000
Sq Ft
$497/Sq Ft
Est. Value
Highlights
- 30 Feet of Waterfront
- 1 Dock Slip
- Access to Tidal Water
- Lord Baltimore Elementary School Rated A-
- Beach
- Fishing Allowed
About This Home
As of November 2024Beautiful waterfront Cape Cod style home with captivating views and direct bay access from a private dock! Situated on an oversized lot in the highly regarded Bayview Park community. Take full advantage of spectacular water views and easy beach access at this well-crafted and maintained home. A large welcoming front porch leads into a two-story foyer and a spacious open floor plan design. A waterfront family room, kitchen and a bright, light-filled sunroom flow seamlessly onto a south-facing deck. Notable features include an updated boat dock decking, ground level enclosure, and well-appointed kitchen with stainless steel appliances and crisp white cabinetry. There is plenty of room to entertain guests with several spacious family rooms, decks and breakout spaces. The main level features an updated half bath, laundry room and a primary suite, complete with an ensuite bathroom that includes dual sinks, a soaking tub, and a separate shower. Upstairs, a versatile loft provides space for an office or gaming area, accompanied by three additional bedrooms and a full bathroom with dual sinks. From this level, step out onto the large deck and take in breathtaking views of the bay! On the ground level, you will find a secondary entryway and ample storage for beach gear. The outdoor features are abundant, with an outdoor shower, covered parking for 4 vehicles, plus space for an additional 6 in the driveway, and room to store a boat, jet skis, or kayaks. There is even a fire pit area by the water, ideal for relaxing after a day on the bay. With your private boat dock, you’ll have easy access to the open bay, making it effortless to enjoy water activities right from your backyard! The home sits on an oversized lot at the front of the community, offering a short walk or bike ride to a private path that leads to the state park beach. Bay View Park boasts low HOA fees that include trash removal, road maintenance, snow removal, and two beach parking passes. Located on a peaceful, non-thru street, this home offers a perfect blend of privacy and convenience, just a short bike ride to downtown Bethany Beach and Fenwick Island. Enjoy the current design or explore endless possibilities for renovations and/or expansion opportunities. Rental investment analysis available upon request. Call for a private tour today and see the potential of this waterfront home!
Last Agent to Sell the Property
(302) 296-6646 henry@jaffeassoc.com Monument Sotheby's International Realty Listed on: 09/17/2024
Last Buyer's Agent
(410) 440-6688 callendercloses@gmail.com Keller Williams Realty Delmarva License #597764
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,479
Year Built
- Built in 1999
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 70.00 x 98.00
- 30 Feet of Waterfront
- Home fronts navigable water
- Home fronts a canal
- East Facing Home
- Property is in very good condition
- Property is zoned MR
HOA Fees
- $63 Monthly HOA Fees
Property Views
- Bay
- Panoramic
- Canal
Home Design
- Coastal Architecture
- Frame Construction
- Architectural Shingle Roof
- Piling Construction
- Stick Built Home
Interior Spaces
- 3,000 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Crown Molding
- Two Story Ceilings
- Ceiling Fan
- Window Treatments
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- En-Suite Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 8 Parking Spaces
- 4 Driveway Spaces
- 4 Attached Carport Spaces
Outdoor Features
- Outdoor Shower
- Access to Tidal Water
- Canoe or Kayak Water Access
- Private Water Access
- Property is near a canal
- Personal Watercraft
- 1 Dock Slip
- Physical Dock Slip Conveys
- Dock Against Bulkhead
- Powered Boats Permitted
- Deck
- Porch
Location
- Flood Risk
Schools
- Lord Baltimore Elementary School
- Sussex Central High School
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
- Water Treatment System
- Well
- Electric Water Heater
Listing and Financial Details
- Tax Lot 30
- Assessor Parcel Number 134-20.11-75.00
Community Details
Overview
- Association fees include trash, snow removal, road maintenance
- Bayview Park Subdivision
Recreation
- Beach
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2024
Closed on
Nov 14, 2024
Sold by
Restated Robert H Miller Revocable Trust and Lockett Kim M
Bought by
Grozbean Sean
Seller's Agent
Henry Jaffe
Monument Sotheby's International Realty
Buyer's Agent
Nicole Callender
Keller Williams Realty Delmarva
List Price
$1,395,000
Sold Price
$1,241,000
Premium/Discount to List
-$154,000
-11.04%
Views
138
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,670
Avg. Annual Appreciation
16.87%
Original Mortgage
$186,150
Outstanding Balance
$121,170
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$1,370,500
Purchase Details
Closed on
Jul 17, 1998
Bought by
Miller Robert H (Trustee)
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grozbean Sean | $1,241,000 | None Listed On Document | |
| Grozbean Sean | $1,241,000 | None Listed On Document | |
| Miller Robert H (Trustee) | $106,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grozbean Sean | $186,150 | |
| Closed | Grozbean Sean | $186,150 | |
| Open | Grozbean Sean | $744,600 | |
| Closed | Grozbean Sean | $744,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2024 11/14/24 | Sold | $1,241,000 | -4.2% | $414 / Sq Ft |
| 10/09/2024 10/09/24 | Price Changed | $1,295,000 | -7.2% | $432 / Sq Ft |
| 09/17/2024 09/17/24 | For Sale | $1,395,000 | -- | $465 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,088 | $35,800 | $7,350 | $28,450 |
| 2024 | $992 | $35,800 | $7,350 | $28,450 |
| 2023 | $991 | $35,800 | $7,350 | $28,450 |
| 2022 | $967 | $35,800 | $7,350 | $28,450 |
| 2021 | $1,023 | $35,800 | $7,350 | $28,450 |
| 2020 | $959 | $35,800 | $7,350 | $28,450 |
| 2019 | $953 | $35,800 | $7,350 | $28,450 |
| 2018 | $966 | $35,800 | $0 | $0 |
| 2017 | $977 | $35,800 | $0 | $0 |
| 2016 | $747 | $35,800 | $0 | $0 |
| 2015 | $764 | $35,800 | $0 | $0 |
| 2014 | $745 | $35,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Henry Jaffe
-
Nicole Callender
Buyer's Agent in 2024
Nicole Callender
Keller Williams Realty Delmarva
(410) 440-6688
1 in this area
237 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2070326
APN: 134-20.11-75.00
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