NOT LISTED FOR SALE

38691 Fred Hudson Rd Bethany Beach, DE 19930

Estimated Value: $762,852 - $1,590,000

5 Beds
6.5 Baths
3,744 Sq Ft
$350/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $1,500,000 $401 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $7,535/month

55 Days on Market

Highlights

  • New Construction
  • Private Pool
  • 0.34 Acre Lot
  • Lord Baltimore Elementary School Rated A-
  • View of Trees or Woods
  • Open Floorplan

About This Home

As of March 2024

Beautiful coastal home situated on an oversized wooded lot, this beach home is located just minutes from downtown Bethany Beach and a short distance to the sand. The spacious upper level is finished with full size kitchen, oversized stainless appliances, a beautiful custom primary suite and spacious guest bedroom and bath. A large screened porch is situated just off the dining area and overlooks the beautiful scenery this lot has to offer. Wood ceilings and crown molding accent this beautiful living room equipment with a gas fire place and stone surround. On the middle level you will find 2 more bedrooms which share another custom bathroom along with an additional master suite. The middle level also features an extensive wet bar and dining area just steps to the expansive deck with pool. There is an additional screen porch on this level along with a large laundry room with plenty of storage and powder room for your pool guest. The bottom level has a sizable great room which can be used as a game room, gym, movie theater, office, additional sleeping or even the main master. This level has a full-size custom bathroom and covered expansive deck. Additionally, this home has an elevator and 2 large garages. This home is under construction with estimated completion in January/ February 2024. Please use caution while visiting the construction site and do not visit without an Agent present. Photos will be updated as construction progresses. Tax information is based on undeveloped land and does not reflect true annual tax fees.

Last Listed By

BECKY GLOVER

Long & Foster Real Estate, Inc. Listed on: 11/24/2023

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,346

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.34 Acre Lot
  • Private Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned MR

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Lighted Parking
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Piling Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,744 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Wood Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Hung Windows
  • Sliding Doors
  • Insulated Doors
  • Combination Dining and Living Room
  • Bonus Room
  • Game Room
  • Screened Porch
  • Storage Room
  • Laundry Room
  • Luxury Vinyl Plank Tile Flooring
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Accessible Home Design

  • Accessible Elevator Installed
  • More Than Two Accessible Exits

Outdoor Features

  • Private Pool
  • Rip-Rap

Location

  • Flood Risk

Utilities

  • Heat Pump System
  • Public Hookup Available For Sewer
  • Tankless Water Heater
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by CAVE CONSTRUCTION INC

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 134-13.00-74.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,346

Year Built

Built in 2023 | 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
  • Historic: No
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 2
  • Expected On Market: 2023-11-24
  • Federal Flood Zone: Yes
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Beautiful coastal home situated on an oversized wooded lot, this beach home is located just minutes from downtown Bethany Beach and a short distance to the sand. The spacious upper level is finished with full size kitchen, oversized stainless appliances, a beautiful custom primary suite and spacious guest bedroom and bath. A large screened porch is situated just off the dining area and overlooks the beautiful scenery this lot has to offer. Wood ceilings and crown molding accent this beautiful living room equipment with a gas fire place and stone surround. On the middle level you will find 2 more bedrooms which share another custom bathroom along with an additional master suite. The middle level also features an extensive wet bar and dining area just steps to the expansive deck with pool. There is an additional screen porch on this level along with a large laundry room with plenty of storage and powder room for your pool guest. The bottom level has a sizable great room which can be used as a game room, gym, movie theater, office, additional sleeping or even the main master. This level has a full-size custom bathroom and covered expansive deck. Additionally, this home has an elevator and 2 large garages. This home is under construction with estimated completion in January/ February 2024. Please use caution while visiting the construction site and do not visit without an Agent present. Photos will be updated as construction progresses. Tax information is based on undeveloped land and does not reflect true annual tax fees.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Water Heater - Tankless
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Breakfast Area, Combination Dining/Living, Crown Moldings, Elevator, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar
  • Window Features: Double Hung
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Insulated
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall, Cathedral Ceilings, Vaulted Ceilings, Wood Ceilings
  • Foundation Details: Pilings, Slab, Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Bedroom 1, Laundry, Storage Room, Bathroom 1, Bathroom 2, Bonus Room, Primary Bathroom, Full Bath, Half Bath, Screened Porch
  • Basement: No
  • Total Sq Ft: 3744
  • Living Area Sq Ft: 3744
  • Price Per Sq Ft: 427.08
  • Above Grade Finished Sq Ft: 3744
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38691

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level 2 Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Mixed
  • Construction Completed: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Lighted Parking
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Hook/Up Avail
  • Utilities: Cable Tv Available, Propane
  • Water Source: Public Hook-Up Available
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Backs To Trees, Private, Rip-Rapped, Road Frontage, Trees/Wooded
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14982.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: MR
  • In City Limits: No

Building Info

  • Builder Name: CAVE CONSTRUCTION INC

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 87.00
  • Tax Annual Amount: 99.00
  • Assessor Parcel Number: 134-13.00-74.04
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/22/2024

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
Nov 24, 2023
Closed on
Mar 21, 2024
Sold by
Fresh Pond Properties Llc
Bought by
Ascenzi Robert John and Ascenzi Judith Ann
Seller's Agent
BECKY GLOVER
Long & Foster Real Estate, Inc.
Buyer's Agent
Grant Fritschle
Keller Williams Realty Delmarva
List Price
$1,599,000
Sold Price
$1,500,000
Premium/Discount to List
-$99,000
-6.19%
Total Days on Market
55
Views
89
Current Estimated Value
$1,311,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$188,787
Avg. Annual Appreciation
-10.86%
Original Mortgage
$1,125,000
Outstanding Balance
$1,112,987
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$198,226

Purchase Details

Closed on
Apr 20, 2021
Sold by
Kent Development Llc
Bought by
Fresh Pond Properties Llc

Purchase Details

Closed on
Jun 26, 2020
Sold by
Baxley Elizabeth P and Wondrely Olivia R
Bought by
Kent Development Llc

Range of Values:

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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
Ascenzi Robert John $1,500,000 None Listed On Document
Fresh Pond Properties Llc -- None Available
Kent Development Llc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ascenzi Robert John $1,125,000
Previous Owner Fresh Pond Properties Llc $624,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $1,500,000 -6.2% $401 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
11/24/2023 11/24/23 For Sale $1,599,000 -- $427 / 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 $2,346 $2,500 $2,500 $0
2023 $103 $2,500 $2,500 $0
2022 $102 $2,500 $2,500 $0
2021 $99 $2,500 $2,500 $0
2020 $94 $2,500 $2,500 $0
2019 $94 $2,500 $2,500 $0
2018 $95 $2,500 $0 $0
2017 $95 $2,500 $0 $0
2016 $84 $2,500 $0 $0
2015 $87 $2,500 $0 $0
2014 $85 $2,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2049318

Bright MLS

APN: 134-13.00-74.04