NOT LISTED FOR SALE

4 Connor Ln Bethany Beach, DE 19930

Estimated Value: $1,492,000 - $1,738,000

5 Beds
4 Baths
2,600 Sq Ft
$624/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $1,600,000 $615 Per Sq Ft

Current estimated payment $8,886/month

158 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Fishing Allowed
  • Canal View
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • 4-minute walk to Bethany Beach Central Park

About This Home

As of March 2024

Here is your opportunity to secure a treasure unavailable anywhere else in Bethany Beach. Located in a unique cluster of homes, 4 Connor Lane offers a rare chance for your family to lock in direct waterfront on the historic, serene and exclusive Bethany Loop Canal, as well as easy access to the beach, boardwalk and Downtown Bethany. Positioned on the desirable East side of Route 1, you are just 2 blocks from the famed Bethany Beach boardwalk, pristine beaches, fantastic restaurants, and charming boutique shopping.

This beautiful and unique property is available for the first time in over 50 years, having been a part of the property of a prominent local Bethany Beach family since 1970. The home is situated right on the water's edge on the quiet and peaceful Loop Canal, providing a view and ambience that exists nowhere else. It is one of a handful of homes in Bethany that directly abut the Loop Canal. So private, yet so close to everything.

This 5-bedroom, 4-full bath haven is designed to accommodate all your relaxation and entertainment needs. The large, bright, open-plan common space in the main part of the home is bathed in natural light, and offers plenty of room to relax, gather and entertain guests. The main level also contains the fully equipped gourmet kitchen and large dining area, with a view of the water at every turn. The main floor opens out to a large screened porch and huge deck area facing the waterfront, providing a relaxing, private oasis for you to unwind after a day of enjoying the sun and sand. The main level also boasts 2 large bedrooms, each with full private bath. On the upper floor, the master bedroom faces the water and has its own private balcony overlooking the Loop Canal. From this vantage point you can also see the Atlantic Ocean just to the east. There are 2 more large, sunny bedrooms on the upper level.

The home also offers garage space for up to 2 cars and plenty of storage for your beach and vacation gear.

Tucked away in a quiet cul-de-sac of homes, this property offers both tranquility and accessibility—an ideal combination. What's more, this canal front home presents an excellent rental potential, making it an attractive investment opportunity. Whether you're seeking a year-round residence, a vacation getaway, or an income-generating property, this home has it all. This is your chance to obtain an absolutely unique and incomparable Bethany home. Don't miss this life changing opportunity to lock in a luxury Bethany Beach lifestyle for your family's next 50 years.

Last Agent to Sell the Property

Christine McCoy

Coldwell Banker Realty License #RA0031081 Listed on: 09/01/2023

Coldwell Banker Realty

Last Buyer's Agent

Melissa Strawbridge

Iron Valley Real Estate Ocean City License #653560

Iron Valley Real Estate Ocean City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,994

Year Built

  • Built in 1999

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 125.00
  • 40 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Property is zoned TN

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Gravel Driveway

Home Design

  • Coastal Architecture
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Canal Views

Kitchen

  • Electric Oven or Range
  • Built-In Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near a canal
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 20
  • Assessor Parcel Number 134-13.19-130.03

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,994

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Items marked that are still present.
  • Inclusions: Sold as shown with minor exclusions
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-09-01
  • Federal Flood Zone: Yes
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Remarks Public: Here is your opportunity to secure a treasure unavailable anywhere else in Bethany Beach. Located in a unique cluster of homes, 4 Connor Lane offers a rare chance for your family to lock in direct waterfront on the historic, serene and exclusive Bethany Loop Canal, as well as easy access to the beach, boardwalk and Downtown Bethany. Positioned on the desirable East side of Route 1, you are just 2 blocks from the famed Bethany Beach boardwalk, pristine beaches, fantastic restaurants, and charming boutique shopping. This beautiful and unique property is available for the first time in over 50 years, having been a part of the property of a prominent local Bethany Beach family since 1970. The home is situated right on the water's edge on the quiet and peaceful Loop Canal, providing a view and ambience that exists nowhere else. It is one of a handful of homes in Bethany that directly abut the Loop Canal. So private, yet so close to everything. This 5-bedroom, 4-full bath haven is designed to accommodate all your relaxation and entertainment needs. The large, bright, open-plan common space in the main part of the home is bathed in natural light, and offers plenty of room to relax, gather and entertain guests. The main level also contains the fully equipped gourmet kitchen and large dining area, with a view of the water at every turn. The main floor opens out to a large screened porch and huge deck area facing the waterfront, providing a relaxing, private oasis for you to unwind after a day of enjoying the sun and sand. The main level also boasts 2 large bedrooms, each with full private bath. On the upper floor, the master bedroom faces the water and has its own private balcony overlooking the Loop Canal. From this vantage point you can also see the Atlantic Ocean just to the east. There are 2 more large, sunny bedrooms on the upper level. The home also offers garage space for up to 2 cars and plenty of storage for your beach and vacation gear. Tucked away in a quiet cul-de-sac of homes, this property offers both tranquility and accessibility—an ideal combination. What's more, this canal front home presents an excellent rental potential, making it an attractive investment opportunity. Whether you're seeking a year-round residence, a vacation getaway, or an income-generating property, this home has it all. This is your chance to obtain an absolutely unique and incomparable Bethany home. Don't miss this life changing opportunity to lock in a luxury Bethany Beach lifestyle for your family's next 50 years.
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Dishwasher, Dryer, Oven/Range - Electric, Washer, Refrigerator
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 2
  • Room List: Primary Bedroom, Kitchen, Family Room, Breakfast Room, Laundry, Primary Bathroom, Full Bath, Additional Bedroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 653.46
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • 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: Vinyl Siding, Stick Built
  • Roof: Shingle
  • View: Canal
  • Water Access Features: Canoe/Kayak, Fishing Allowed
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 40

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street, Attached Garage
  • Off Street Parking Spaces: 4

Utilities

  • Refuse: 430.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

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
  • Land Use Code: 999
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Year Assessed: 2023
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • School Tax: 369.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1994.00
  • Assessor Parcel Number: 134-13.19-130.03
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/06/2024

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
Sep 1, 2023
Closed on
Mar 6, 2024
Sold by
4 Connor Lane Llc
Bought by
Smith Matthew C and Smith Maryam E
Seller's Agent
Christine McCoy
Coldwell Banker Realty
Buyer's Agent
Melissa Strawbridge
Iron Valley Real Estate Ocean City
List Price
$2,500,000
Sold Price
$1,600,000
Premium/Discount to List
-$900,000
-36%
Total Days on Market
158
Views
357
Current Estimated Value
$1,602,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,862
Avg. Annual Appreciation
1.87%
Original Mortgage
$1,250,000
Outstanding Balance
$1,234,752
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$407,849
Source: Public Records

Range of Values:

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Average Value
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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
Smith Matthew C $1,600,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Matthew C $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Sold $1,600,000 -5.8% $615 / Sq Ft
01/11/2024 01/11/24 Price Changed $1,699,000 -2.9% $653 / Sq Ft
11/10/2023 11/10/23 Price Changed $1,750,000 -7.8% $673 / Sq Ft
10/05/2023 10/05/23 Price Changed $1,899,000 -4.8% $730 / Sq Ft
09/16/2023 09/16/23 Price Changed $1,995,000 -20.2% $767 / Sq Ft
09/01/2023 09/01/23 For Sale $2,500,000 -- $962 / 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 $413 $10,000 $10,000 $0
2023 $413 $10,000 $10,000 $0
2022 $406 $10,000 $10,000 $0
2021 $394 $10,000 $10,000 $0
2020 $376 $10,000 $10,000 $0
2019 $374 $10,000 $10,000 $0
2018 $378 $10,000 $0 $0
2017 $381 $10,000 $0 $0
2016 $336 $10,000 $0 $0
2015 $346 $10,000 $0 $0
2014 $341 $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2046994

Bright MLS

APN: 134-13.19-130.03