NOT LISTED FOR SALE

38685 Fred Hudson Rd Bethany Beach, DE 19930

Estimated Value: $1,084,000 - $1,524,000

5 Beds
4.5 Baths
3,380 Sq Ft
$380/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $1,200,000 $355 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,350/month

42 Days on Market

Highlights

  • New Construction
  • View of Trees or Woods
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of May 2022

Where beach and nature meet, this elegant coastal home was constructed with high quality finishes and features by well-known local builder. All appointments and details were carefully and meticulously chosen to accentuate the luxury feel and still keep that beach cottage charm. Designed with easy beach living in mind, the ground level offers two garages, a large room that could be a gym or spacious game room, and an elevator that provides easy access to all 3 levels. The middle level of this home offers an additional living room with a wet bar and 3 bedrooms, one of which being a master en-suite. Walk up to the third main living level and be greeted by soaring ceilings, natural light, shiplap details surrounding the gas fireplace, and a perfect blend of gourmet kitchen and dining/living area. This level also brings you to the exquisite master bedroom suite and additional second bedroom. Multiple decks and balconies off both the front and back of the home provide ample space to gather inside or out. This impressive home is within walking distance to downtown and will be finished in time to enjoy the summer of 2022 in North Bethany! With no HOA rules, this home has excellent daily or weekly vacation rental income potential. Agent is owner.

Last Agent to Sell the Property

Bradley Absher

Keller Williams Realty License #RS-0023491 Listed on: 03/03/2022

Keller Williams Realty

Last Buyer's Agent

Rebecca Coulbourn

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,955

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 84.00 x 180.00
  • South Facing Home
  • Property is in excellent condition
  • Property is zoned MR

Parking

  • 2 Car Direct Access Garage
  • 3 Driveway Spaces
  • Front Facing Garage

Property Views

  • Woods
  • Canal

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,380 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Luxury Vinyl Plank Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Down Draft Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • Walk-In Closet

Accessible Home Design

  • Accessible Elevator Installed
  • More Than Two Accessible Exits

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Tankless Water Heater
  • Propane Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 134-13.00-74.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,955

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits, Elevator
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Expected On Market: 2022-03-03
  • Federal Flood Zone: Yes
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: Where beach and nature meet, this elegant coastal home was constructed with high quality finishes and features by well-known local builder. All appointments and details were carefully and meticulously chosen to accentuate the luxury feel and still keep that beach cottage charm. Designed with easy beach living in mind, the ground level offers two garages, a large room that could be a gym or spacious game room, and an elevator that provides easy access to all 3 levels. The middle level of this home offers an additional living room with a wet bar and 3 bedrooms, one of which being a master en-suite. Walk up to the third main living level and be greeted by soaring ceilings, natural light, shiplap details surrounding the gas fireplace, and a perfect blend of gourmet kitchen and dining/living area. This level also brings you to the exquisite master bedroom suite and additional second bedroom. Multiple decks and balconies off both the front and back of the home provide ample space to gather inside or out. This impressive home is within walking distance to downtown and will be finished in time to enjoy the summer of 2022 in North Bethany! With no HOA rules, this home has excellent daily or weekly vacation rental income potential. Agent is owner.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop - Down Draft, Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Hookups Only
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Elevator, Floor Plan - Open, Kitchen - Island, Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Slab, Pilings
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 3380
  • Living Area Sq Ft: 3380
  • Price Per Sq Ft: 384.32
  • Above Grade Finished Sq Ft: 3380
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38685

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Construction Completed: No
  • Exterior Features: Exterior Lighting
  • Roof: Architectural Shingle
  • View: Canal, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane, Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: RV
  • Lot Size Acres: 0.34
  • Lot Dimensions: 84.00 x 180.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.00
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s), Screened
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5108225
  • School Tax: 87.00
  • Tax Annual Amount: 99.00
  • Assessor Parcel Number: 134-13.00-74.03
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/25/2022

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
Mar 3, 2022
Closed on
May 25, 2022
Sold by
Kent Development Llc
Bought by
Doyle Rory M and Doyle Cheri C
Seller's Agent
Bradley Absher
Keller Williams Realty
Buyer's Agent
Rebecca Coulbourn
Keller Williams Realty
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%
Total Days on Market
42
Current Estimated Value
$1,283,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,984
Avg. Annual Appreciation
2.27%
Original Mortgage
$800,000
Outstanding Balance
$677,285
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$606,699

Purchase Details

Closed on
Jun 16, 2020
Sold by
Baxley Elizabeth P and Wondrely Olivia R
Bought by
Kent Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Doyle Rory M $1,200,000 C S Knothe Pa
Kent Development Llc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doyle Rory M $800,000
Previous Owner Kent Development Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $1,200,000 -7.6% $355 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $1,299,000 -- $384 / 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 $1,955 $2,500 $2,500 $0
2023 $1,980 $2,500 $2,500 $0
2022 $1,952 $2,500 $2,500 $0
2021 $350 $2,500 $2,500 $0
2020 $379 $2,500 $2,500 $0
2019 $378 $2,500 $2,500 $0
2018 $379 $2,500 $0 $0
2017 $380 $2,500 $0 $0
2016 $369 $2,500 $0 $0
2015 $371 $2,500 $0 $0
2014 $370 $2,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2016916

Bright MLS

APN: 134-13.00-74.03