NOT LISTED FOR SALE

39355 Natures Way Bethany Beach, DE 19930

Estimated Value: $673,738 - $2,311,000

5 Beds
4 Baths
3,279 Sq Ft
$578/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $1,500,000 $457 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $10,664/month

Highlights

  • 100 Feet of Waterfront
  • Marina
  • Marina View
  • Lord Baltimore Elementary School Rated A-
  • Boat Ramp
  • Access to Tidal Water

About This Home

As of September 2020

This STUNNING water front home commands panoramic bay views from its privileged position on the canal in the Cove, a gated community located in Bethany Beach, Delaware. A bright and beautiful open-concept design with skylights, multiple balconies, two screened porches, and two decks provide inspiring views and endless entertaining venues. Enjoy recent low-maintenance upgrades made in 2017 that include a new roof, Hardi-plank siding, composite decking, clear-view rails, as well as new heat and air conditioning. Inside, upgraded sliders, new carpet and luxury wood-look tile floors provide a fresh and relaxed design expression to compliment the fully furnished interiors that convey. Unwind and decompress on the waterside swing and hammock, or gather for activities at the community pool, tennis courts or marina and boat launch. Return and prep your favorite dish in the wrap-around kitchen, while friends and family gather close by on the central island bar and generous table space adjacent to the family room, fireplace, deck and screened porch. Come home to Coastal style with plenty of room for friends and family to enjoy, and revenue-producing potential all at once!

Last Agent to Sell the Property

Tom Ruch

(443) 235-1347 tomruch@northroprealty.com Northrop Realty License #RS-0025135 Listed on: 11/21/2019

Northrop Realty

Last Buyer's Agent

Dennis Mather

(302) 396-0002 denny@dennymather.com Long & Foster Real Estate, Inc. License #RS-0020611

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,935

Year Built

  • Built in 1998 | Remodeled in 2017

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100.00 x 103.00
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Cul-De-Sac
  • East Facing Home
  • Extensive Hardscape
  • No Through Street
  • Premium Lot
  • Sprinkler System
  • Property is in very good condition
  • Property is zoned 1265

HOA Fees

  • $298 Monthly HOA Fees

Property Views

  • Marina
  • Bay
  • Panoramic
  • Scenic Vista
  • Canal
  • Pasture

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 3,279 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Casement Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Dining Area
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer

Parking

  • 5 Open Parking Spaces
  • 3 Parking Spaces
  • 3 Attached Carport Spaces
  • Brick Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a canal
  • Personal Watercraft
  • Powered Boats Permitted
  • Multiple Balconies
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Porch

Location

  • Flood Risk
  • Bayside

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Heating System Powered By Owned Propane
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-05.00-483.00

Community Details

Overview

  • Association fees include trash, snow removal, common area maintenance, security gate, pier/dock maintenance
  • The Cove HOA
  • Built by Carl M. Freeman
  • The Cove Subdivision, The Cove, Bethany Beach Floorplan
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Boat Ramp
  • 1 Community Docks
  • Marina
  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,935

Year Built

Built in 1998 | Remodeled in 2017

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Some Personal items and Artwork
  • Historic: No
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-11-21
  • Federal Flood Zone: Yes
  • Year Built: 1998
  • Year Renovated: 2017
  • Automatically Close On Close Date: No
  • Remarks Public: This STUNNING water front home commands panoramic bay views from its privileged position on the canal in the Cove, a gated community located in Bethany Beach, Delaware. A bright and beautiful open-concept design with skylights, multiple balconies, two screened porches, and two decks provide inspiring views and endless entertaining venues. Enjoy recent low-maintenance upgrades made in 2017 that include a new roof, Hardi-plank siding, composite decking, clear-view rails, as well as new heat and air conditioning. Inside, upgraded sliders, new carpet and luxury wood-look tile floors provide a fresh and relaxed design expression to compliment the fully furnished interiors that convey. Unwind and decompress on the waterside swing and hammock, or gather for activities at the community pool, tennis courts or marina and boat launch. Return and prep your favorite dish in the wrap-around kitchen, while friends and family gather close by on the central island bar and generous table space adjacent to the family room, fireplace, deck and screened porch. Come home to Coastal style with plenty of room for friends and family to enjoy, and revenue-producing potential all at once!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Oven - Double, Oven - Self Cleaning, Oven - Wall, Refrigerator, Stainless Steel Appliances, Surface Unit
  • Flooring Type: Ceramic Tile, Carpet, Laminated
  • Interior Amenities: Bar, Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Pantry, Recessed Lighting, Skylight(s), Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments
  • Window Features: Bay/Bow, Casement
  • Fireplace Features: Wood, Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Vaulted Ceilings
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Main Floor, Has Laundry
  • Total Sq Ft: 3279
  • Living Area Sq Ft: 3279
  • Price Per Sq Ft: 486.43
  • Above Grade Finished Sq Ft: 3279
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39355

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Hardiplank Type
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outside Shower, Underground Lawn Sprinkler
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • View: Bay, Canal, Water, Pasture, Marina, Panoramic, Scenic Vista
  • Water Access Features: Private Access, Public Access, Canoe/Kayak, Boat - Powered, Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Name: Lagoon Canal
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Carport Spaces: 3
  • Garage: No
  • Open Parking Spaces Count: 5
  • Parking Features: Brick Driveway
  • Attached Carport Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Attached Carport, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 895.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Tennis Courts, Pool - Outdoor, Basketball Courts, Boat Ramp, Club House, Common Grounds, Gated Community, Marina/Marina Club
  • HOA Condo Co-Op Fee Includes: Trash, Snow Removal, Common Area Maintenance, Security Gate, Pier/Dock Maintenance
  • HOA Name: THE COVE
  • HOA: Yes
  • Senior Community: No

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 39450.00
  • Land Assessed Value: 12000.00
  • Land Use Code: RS
  • Lot Features: Cul-De-Sac, No Thru Street, Premium
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100.00 x 103.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Outdoor Living Structures: Porch(es), Screened, Balconies- Multiple, Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: 1265
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Carl M. Freeman

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5123262
  • School Tax: 1706.00
  • Tax Annual Amount: 1935.00
  • Assessor Parcel Number: 134-05.00-483.00
  • Tax Total Finished Sq Ft: 1587
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/30/2020

Multi Family

  • Mean Low Water Feet: 6

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Sep 30, 2020
Sold by
Carney John S and Carney Leslie J
Bought by
Ward Michael W and Cicero Sarah L
Seller's Agent
Tom Ruch
Northrop Realty
Buyer's Agent
Dennis Mather
Long & Foster Real Estate, Inc.
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%
Current Estimated Value
$1,896,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,185
Avg. Annual Appreciation
4.78%
Original Mortgage
$750,000
Outstanding Balance
$667,085
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,229,100
Source: Public Records

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
Ward Michael W $1,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Michael W $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $1,500,000 -6.0% $457 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
11/21/2019 11/21/19 For Sale $1,595,000 -- $486 / 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
2025 $3,272 $51,450 $12,000 $39,450
2024 $2,127 $51,450 $12,000 $39,450
2023 $2,125 $51,450 $12,000 $39,450
2022 $2,091 $51,450 $12,000 $39,450
2021 $2,028 $51,450 $12,000 $39,450
2020 $1,935 $51,450 $12,000 $39,450
2019 $1,927 $51,450 $12,000 $39,450
2018 $1,945 $51,450 $0 $0
2017 $1,961 $51,450 $0 $0
2016 $1,728 $51,450 $0 $0
2015 $1,782 $51,450 $0 $0
2014 $1,755 $51,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU151544

Bright MLS

APN: 134-05.00-483.00