NOT LISTED FOR SALE

39371 Natures Way Bethany Beach, DE 19930

Estimated Value: $437,983 - $2,712,000

4 Beds
3.5 Baths
3,400 Sq Ft
$566/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $2,600,000 $765 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $11,012/month

Highlights

  • 539 Feet of Waterfront
  • Marina
  • Boat Ramp
  • Lord Baltimore Elementary School Rated A-
  • Primary bedroom faces the bay
  • 1 Dock Slip

About This Home

As of July 2022

Take in wide open vistas of the bay from every room of this sophisticated modern beach home, positioned on one of the most magnificent waterfront pieces of property on the point in The Cove, North Bethany. Offered with a deeded boat slip, absolutely no detail was spared in this masterpiece with high-end luxuries expected in today’s modern beach home. The remarkable entry features exquisite stone floors and a stunning teak akoro wood staircase that takes you to 3 en-suite bedrooms on the second floor including an impressive bayfront primary suite with a waterfront office and private deck. The main level features a modern teak custom kitchen with beautiful slate counters. The over-sized kitchen is wide open to an expansive great room with floor to ceiling glass on 3 sides, inviting the outdoors inside and leading to an expansive Brazilian Ipe hardwood deck. A fourth bedroom that is currently used as a den is also on this main level as well as a grill deck, second waterfront office and powder room. An outdoor shower and covered decks, kayak launch, storage room and carpenter’s room are on the ground level along with covered parking from your private bridge. Equipped with storm shutters and a new roof in 2020, this home has been maintained at a level that is hard to match. The amenity-rich gated community of The Cove offers a community pool, clubhouse with fitness room, tennis courts, a marina with boat ramp and slips as well as beach access directly across the street. Ready to be enjoyed this summer, rarely are homes of this caliber offered for sale.

Last Agent to Sell the Property

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 05/20/2022

Long & Foster Real Estate, Inc.

Co-Listed By

Christi Arndt

(302) 245-5223 christi@lesliekopp.com Long & Foster Real Estate, Inc. License #RS-0023120

Last Buyer's Agent

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 05/20/2022

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,485

Year Built

  • Built in 2000

Lot Details

  • 0.76 Acre Lot
  • 539 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Property is zoned MR

HOA Fees

  • $380 Monthly HOA Fees

Property Views

  • Bay
  • Panoramic

Home Design

  • Coastal Architecture
  • Frame Construction
  • Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,400 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Property near a bay
  • Personal Watercraft
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Powered Boats Permitted
  • Lake Privileges
  • Outdoor Grill

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Metered Propane
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 134-05.00-485.00

Community Details

Overview

  • Association fees include common area maintenance, pool(s), pier/dock maintenance, lawn maintenance, insurance, security gate, snow removal, road maintenance, management
  • Wilgus Associates HOA, Phone Number (302) 539-7511
  • Zacharias Cove Subdivision

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Fishing Allowed

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,485

Year Built

Built in 2000

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: See attached exclusions list.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-05-20
  • Federal Flood Zone: Yes
  • Year Built: 2000
  • Remarks Public: Take in wide open vistas of the bay from every room of this sophisticated modern beach home, positioned on one of the most magnificent waterfront pieces of property on the point in The Cove, North Bethany. Offered with a deeded boat slip, absolutely no detail was spared in this masterpiece with high-end luxuries expected in today’s modern beach home. The remarkable entry features exquisite stone floors and a stunning teak akoro wood staircase that takes you to 3 en-suite bedrooms on the second floor including an impressive bayfront primary suite with a waterfront office and private deck. The main level features a modern teak custom kitchen with beautiful slate counters. The over-sized kitchen is wide open to an expansive great room with floor to ceiling glass on 3 sides, inviting the outdoors inside and leading to an expansive Brazilian Ipe hardwood deck. A fourth bedroom that is currently used as a den is also on this main level as well as a grill deck, second waterfront office and powder room. An outdoor shower and covered decks, kayak launch, storage room and carpenter’s room are on the ground level along with covered parking from your private bridge. Equipped with storm shutters and a new roof in 2020, this home has been maintained at a level that is hard to match. The amenity-rich gated community of The Cove offers a community pool, clubhouse with fitness room, tennis courts, a marina with boat ramp and slips as well as beach access directly across the street. Ready to be enjoyed this summer, rarely are homes of this caliber offered for sale.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Oven/Range - Gas, Washer, Water Heater
  • Flooring Type: Carpet, Stone
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island, Kitchen - Gourmet, Primary Bedroom - Bay Front, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Upgraded Countertops, Whirlpool/Hottub, Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3400
  • Living Area Sq Ft: 3400
  • Price Per Sq Ft: 851.47
  • Above Grade Finished Sq Ft: 3400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39371

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Exterior Features: Outside Shower, Bbq Grill
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Bay, Panoramic, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 539

Garage/Parking

  • Garage: No
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 4557.16
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Boat Ramp, Gated Community, Marina/Marina Club, Pier/Dock, Pool - Outdoor, Swimming Pool, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Pier/Dock Maintenance, Lawn Maintenance, Insurance, Security Gate, Snow Removal, Road Maintenance, Management
  • HOA Name: WILGUS ASSOCIATES
  • HOA Phone: (302)539-7511
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Concrete

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: RS
  • Lot Size Acres: 0.76
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33321.00
  • Year Assessed: 2021
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5123264
  • School Tax: 2205.00
  • Tax Annual Amount: 2485.00
  • Assessor Parcel Number: 134-05.00-485.00
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/14/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 14, 2022
Sold by
John L Silverman And Mary R Silverman Re
Bought by
Dunne Peter and Dunne Amy
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$2,895,000
Sold Price
$2,600,000
Premium/Discount to List
-$295,000
-10.19%
Current Estimated Value
$1,924,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$675,672
Avg. Annual Appreciation
-8.87%

Purchase Details

Closed on
May 9, 2011
Bought by
Silverman John L and Silverman Mary R

Purchase Details

Closed on
Apr 13, 2011
Bought by
Silverman John L and Silverman Mary R
Source: Public Records

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
Dunne Peter $2,600,000 Ridgway Law Group Llc
Silverman John L -- --
Silverman John L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2022 07/14/22 Sold $2,600,000 -10.2% $765 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $2,895,000 -- $851 / 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 $4,668 $63,050 $17,500 $45,550
2024 $2,607 $63,050 $17,500 $45,550
2023 $2,604 $63,050 $17,500 $45,550
2022 $2,562 $63,050 $17,500 $45,550
2021 $2,485 $63,050 $17,500 $45,550
2020 $2,372 $63,050 $17,500 $45,550
2019 $2,361 $63,050 $17,500 $45,550
2018 $2,384 $63,050 $0 $0
2017 $2,404 $63,050 $0 $0
2016 $2,118 $63,050 $0 $0
2015 $2,183 $63,050 $0 $0
2014 $2,151 $63,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2021356

Bright MLS

APN: 134-05.00-485.00