NOT LISTED FOR SALE

39617 Michelane Cir Bethany Beach, DE 19930

Estimated Value: $2,955,000 - $4,658,000

4 Beds
4.5 Baths
5,000 Sq Ft
$726/Sq Ft Est. Value

Sale Details

Date Sold: January 29, 2021

Last sale price $2,264,000 $453 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $20,544 / mo

132 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Building is oceanfront but unit may not have water views
  • Lord Baltimore Elementary School Rated A-
  • New Construction
  • Bay View

About This Home

As of January 2021

BREAKWATER BEACH - New construction just completed June 2020 and ready for you to enjoy this summer! Discover this rare offering of a new construction custom home located ocean block in the prestigious gated oceanfront community of Breakwater Beach! Fabulous views of Beach Cove and the Indian River Bay. Custom coastal home features quartz counters, wide plank flooring, shiplap, coffered ceilings, fireplace, tile showers and baths, two laundry rooms, lots of outdoor living space on decks and screened porches, and an elevator! Ground level features two car garage, mud room, and storage. Second level is an open floor plan with kitchen, great room, dining room, screened porch, wrap around large covered deck with views of the bay. Master Suite, powder room, laundry room, and walk in pantry on level two as well. Third level features a two sundecks, screened porch, family room, laundry room, and three master suites. Start living beach life today! Ready for tours! Lots with no builder tie-in and other lot home packages available.

Last Agent to Sell the Property

Kim Hamer

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 06/12/2020

Monument Sotheby's International Realty

Last Buyer's Agent

John Howard

(302) 539-2900 johnhoward@northroprealty.com Northrop Realty

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $414

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65.00 x 134.00
  • Building is oceanfront but unit may not have water views
  • Home fronts navigable water
  • Property is in excellent condition
  • Property is zoned MR

HOA Fees

  • $658 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Piling Construction
  • HardiePlank Type

Interior Spaces

  • 5,000 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Recessed Lighting
  • Gas Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Dining Room
  • Screened Porch
  • Storage Room
  • Carpet
  • Bay Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony
  • Deck
  • Screened Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Community Details

  • Breakwater Beach Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 15
  • Assessor Parcel Number 134-05.00-427.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$414

Year Built

Built in 2020 | New Construction

Lot Details

8,712 Sq Ft Lot

HOA Fees

$658 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Microwave, Dishwasher, Disposal, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Water Heater
  • Interior Amenities: Breakfast Area, Carpet, Elevator, Entry Level Bedroom, Exposed Beams, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Great Room, Laundry, Storage Room, Screened Porch
  • Basement: No
  • Laundry Type: Main Floor, Upper Floor
  • Total Sq Ft: 5000
  • Living Area Sq Ft: 5000
  • Price Per Sq Ft: 474.00
  • Above Grade Finished Sq Ft: 5000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 7892.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.20
  • Lot Dimensions: 65.00 x 134.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Outdoor Living Structures: Balcony, Deck(s), Screened, Wrap Around
  • Property Condition: Excellent
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5123199
  • School Tax: 365.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 414.00
  • Assessor Parcel Number: 134-05.00-427.00
  • Tax Lot: 15
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2022
Sold by
Riley Jr Robert L and Riley Sheree
Bought by
Riley Robert L
Current Estimated Value
$3,628,000

Purchase Details

Listed on
Jun 12, 2020
Closed on
Dec 21, 2020
Sold by
Breakcap Llc
Bought by
Riley Robert L and Riley Sheree
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
John Howard
Northrop Realty
List Price
$2,370,000
Sold Price
$2,264,000
Premium/Discount to List
-$106,000
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$1,500,000
Interest Rate
2.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Riley Robert L -- Levin Gann Pa
Riley Robert L $2,255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riley Robert L $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $2,264,000 -4.5% $453 / Sq Ft
06/12/2020 06/12/20 For Sale $2,370,000 -- $474 / Sq Ft
Source: Bright MLS

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 $6,213 $11,050 $11,050 $0
2024 $2,748 $11,050 $11,050 $0
2023 $2,745 $11,050 $11,050 $0
2022 $2,700 $11,050 $11,050 $0
2021 $2,619 $11,050 $11,050 $0
2020 $2,499 $11,050 $11,050 $0
2019 $414 $11,050 $11,050 $0
2018 $418 $11,050 $0 $0
2017 $421 $11,050 $0 $0
2016 $371 $11,050 $0 $0
2015 $383 $11,050 $0 $0
2014 $377 $11,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU162394

Bright MLS

APN: 134-05.00-427.00

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