NOT LISTED FOR SALE

38912 Silver Sands Dr North Bethany, DE 19930

Estimated Value: $302,707 - $1,997,000

5 Beds
4.5 Baths
2,770 Sq Ft
$460/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $965,000 $348 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,381/month

44 Days on Market

Highlights

  • Waterfront
  • Lake Privileges
  • Wood Flooring
  • Lord Baltimore Elementary School Rated A-
  • Coastal Architecture
  • Attic

About This Home

As of March 2020

The best in resort living! This amazing waterfront home is located in the premier gated community of Watermark, and is only 1.5 miles to downtown Bethany Beach. Featuring 5 bedrooms and 4.5 baths this home is the ultimate in coastal luxury. Situated on the premier lot of the community where water views are obtained from almost every room, this light filled, open floor plan boasts endless upgrades. Hardwood flooring, gourmet kitchen with stainless appliances, four season sunroom, and large deck space will be enjoyed by friends and family alike. The master bedroom is the perfect retreat after enjoying a day at the beach. Upstairs enjoy two en-suite bedrooms, two additional bedrooms which share a jack and jill bath, spacious sitting/family room and an incredible waterfront deck, perfect to enjoy a sunset. Plenty of garage/storage space for all of your beach toys and kayaks. Looking for an investment? This home has outstanding rental potential. You can have the best of both worlds, own a beautiful beach home for your use and rent when you are not there! Community amenities include infinity pool, exercise room, and kayak launch. Don't wait, come live the coastal lifestyle.

Last Agent to Sell the Property

Ashley Brosnahan

Long & Foster Real Estate, Inc. License #RA-0031206 Listed on: 12/24/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Neil Brosnahan

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Martin West

Bryan Realty Group License #RS-0019117

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 2014

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 58.00 x 139.00
  • Waterfront
  • Property is zoned MR

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,770 Sq Ft Home
  • Property has 3 Levels
  • Insulated Doors
  • Partial Basement
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near a pond
  • Lake Privileges

Location

  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 134-09.00-1186.00

Community Details

Overview

  • $42 Other Monthly Fees
  • $1,808 Capital Contribution Fee
  • Resortquest HOA
  • Watermark At North Bethany Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,938

Year Built

Built in 2014

Lot Details

0

HOA Fees

$260 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2020-01-02
  • Federal Flood Zone: Yes
  • Year Built: 2014
  • Remarks Public: The best in resort living! This amazing waterfront home is located in the premier gated community of Watermark, and is only 1.5 miles to downtown Bethany Beach. Featuring 5 bedrooms and 4.5 baths this home is the ultimate in coastal luxury. Situated on the premier lot of the community where water views are obtained from almost every room, this light filled, open floor plan boasts endless upgrades. Hardwood flooring, gourmet kitchen with stainless appliances, four season sunroom, and large deck space will be enjoyed by friends and family alike. The master bedroom is the perfect retreat after enjoying a day at the beach. Upstairs enjoy two en-suite bedrooms, two additional bedrooms which share a jack and jill bath, spacious sitting/family room and an incredible waterfront deck, perfect to enjoy a sunset. Plenty of garage/storage space for all of your beach toys and kayaks. Looking for an investment? This home has outstanding rental potential. You can have the best of both worlds, own a beautiful beach home for your use and rent when you are not there! Community amenities include infinity pool, exercise room, and kayak launch. Don't wait, come live the coastal lifestyle.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Tile/Brick, Hardwood
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Island, Pantry
  • Fireplace: No
  • Door Features: Insulated
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2770
  • Living Area Sq Ft: 2770
  • Price Per Sq Ft: 348.38
  • Above Grade Finished Sq Ft: 2770
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38912

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 779.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Water/Lake Privileges
  • HOA Name: RESORTQUEST
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 125.00
  • Other Fees Frequency: Quarterly
  • Capital Contribution Fee: 1808.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.27
  • Lot Dimensions: 58.00 x 139.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Year Assessed: 2019
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 7377991
  • School Tax: 1708.00
  • Tax Annual Amount: 1938.00
  • Assessor Parcel Number: 134-09.00-1186.00
  • Tax Lot: 9
  • Tax Total Finished Sq Ft: 1402
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/06/2020

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Fitzwater James L and Fitzwater Charlene Y
Bought by
Fitzwater Living Trust and Fitzwater
Current Estimated Value
$1,274,177

Purchase Details

Listed on
Dec 24, 2019
Closed on
Mar 5, 2020
Sold by
Foster David G and Foster Gretchen N
Bought by
Fitzwater James L and Fitzwater Charlene Y
Seller's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
Buyer's Agent
Martin West
Bryan Realty Group
List Price
$965,000
Sold Price
$965,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%

Purchase Details

Listed on
Oct 3, 2013
Closed on
Apr 21, 2014
Bought by
Foster David G and Foster Gretchen N
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$609,900
Sold Price
$822,365
Premium/Discount to List
$212,465
34.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$417,000
Interest Rate
4.36%
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
Fitzwater Living Trust -- None Listed On Document
Fitzwater James L $965,000 None Available
Foster David G $822,365 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foster David G $417,000
Previous Owner Foster David G $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $965,000 0.0% $348 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
12/24/2019 12/24/19 For Sale $965,000 +17.3% $348 / Sq Ft
04/14/2014 04/14/14 Sold $822,365 +34.8% $304 / Sq Ft
10/03/2013 10/03/13 For Sale $609,900 -- $225 / Sq Ft
09/28/2013 09/28/13 Pending -- -- --
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 $2,140 $51,750 $12,450 $39,300
2023 $2,137 $51,750 $12,450 $39,300
2022 $2,103 $51,750 $12,450 $39,300
2021 $2,040 $51,750 $12,450 $39,300
2020 $1,947 $51,750 $12,450 $39,300
2019 $1,962 $51,750 $12,450 $39,300
2018 $1,957 $51,750 $0 $0
2017 $1,973 $51,750 $0 $0
2016 $1,739 $51,750 $0 $0
2015 $1,792 $51,750 $0 $0
2014 $1,057 $31,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashley Brosnahan

    Seller's Agent in 2020

    Ashley Brosnahan

    Long & Foster

    (302) 841-4200

    34 in this area

    399 Total Sales

    Ashley Brosnahan
    Section Image

  • N

    Seller Co-Listing Agent in 2020

    Neil Brosnahan

    Long & Foster

    (302) 539-9040

    3 in this area

    55 Total Sales

    Neil Brosnahan
    Section Image
  • Martin West

    Buyer's Agent in 2020

    Martin West

    Bryan Realty Group

    (302) 562-3016

    63 Total Sales

    Martin West
    Section Image
  • DEBBIE REED

    Seller's Agent in 2014

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    12 in this area

    850 Total Sales

    DEBBIE REED
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU152734

Bright MLS

APN: 134-09.00-1186.00

Delaware Sussex County 19930

38912 Silver Sands Dr, DE

This home is located at 38912 Silver Sands Dr, North Bethany, DE 19930 since 24 December 2019 and is currently estimated at $1,274,177, approximately $459 per square foot. This property was built in 2014. 38912 Silver Sands Dr is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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