400 N Ocean Dr Bethany Beach, DE 19930
Estimated Value: $540,087 - $3,632,000
7
Beds
4.5
Baths
3,028
Sq Ft
$737/Sq Ft
Est. Value
Highlights
- Ocean View
- Beach
- Private Pool
- Lord Baltimore Elementary School Rated A-
- Water Access
- Coastal Architecture
About This Home
As of November 2017The Ultimate Beach Home! Stunning contemporary South Bethany oceanfront property offering outstanding architecture and breathtaking ocean views. A thoughtfully designed open inverted floor plan design boasts over 1,200 square feet of spacious decks overlooking the ocean. This well-appointed custom built home offers plenty of room for big gatherings with top of the line finishes and design features throughout such as a recessed hot tub, granite flooring, granite counters, Brazilian cherry wood stairs, custom cabinetry, built-in audio system, composite decking, outdoor shower, undermount sinks and the list goes on! High-end quality construction featuring reinforced steel pilings, steel framing and hurricane shutters. Priced to sell and offered fully furnished with designer furniture and modern decor. Excellent rental history; over $123K in 2015. Located within a desirable oceanfront community and close proximity to downtown Bethany Beach and Fenwick Island State Park.
Last Agent to Sell the Property
Monument Sotheby's International Realty Listed on: 07/22/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,961
Year Built
- Built in 2006
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 130x50
- Property is Fully Fenced
- Landscaped
- Zoning described as GENERAL RESIDENTIAL
Home Design
- Coastal Architecture
- Contemporary Architecture
- Architectural Shingle Roof
- Metal Siding
- Piling Construction
- Stick Built Home
Interior Spaces
- 3,028 Sq Ft Home
- Property has 3 Levels
- Furnished
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Insulated Windows
- Window Treatments
- Window Screens
- Insulated Doors
- Family Room
- Dining Room
- Game Room
- Ocean Views
Kitchen
- Electric Oven or Range
- Extra Refrigerator or Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Marble
- Tile or Brick
Bedrooms and Bathrooms
- 7 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
Laundry
- Electric Dryer
- Washer
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Stone Driveway
- Off-Street Parking
- Off-Site Parking
Pool
- Private Pool
- Spa
- Outdoor Shower
Outdoor Features
- Water Access
- Property is near an ocean
- Deck
Location
- Flood Risk
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 134-17.20-206.00
Community Details
Overview
- No Home Owners Association
Recreation
- Beach
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2016
Closed on
Dec 5, 2017
Sold by
Bayak Daniel A and Flores Carlos F
Bought by
Boland Michael
Seller's Agent
Henry Jaffe
Monument Sotheby's International Realty
Buyer's Agent
Henry Jaffe
Monument Sotheby's International Realty
List Price
$2,299,000
Sold Price
$1,950,000
Premium/Discount to List
-$349,000
-15.18%
Total Days on Market
436
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,029
Avg. Annual Appreciation
1.81%
Purchase Details
Listed on
Jul 22, 2016
Closed on
Nov 30, 2017
Sold by
Bayak Daniel A and Flores Carlos F
Bought by
Boland Michael
Seller's Agent
Henry Jaffe
Monument Sotheby's International Realty
Buyer's Agent
Henry Jaffe
Monument Sotheby's International Realty
List Price
$2,299,000
Sold Price
$1,950,000
Premium/Discount to List
-$349,000
-15.18%
Similar Homes in Bethany Beach, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Boland Michael | $1,950,000 | -- | |
| Boland Michael | $1,950,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Boland Michael M | $809,000 | |
| Closed | Boland Michael | $800,000 | |
| Closed | Boland Michael | $850,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2017 11/30/17 | Sold | $1,950,000 | -9.3% | $644 / Sq Ft |
| 10/01/2017 10/01/17 | Pending | -- | -- | -- |
| 09/14/2017 09/14/17 | Price Changed | $2,149,000 | -6.5% | $710 / Sq Ft |
| 07/22/2016 07/22/16 | For Sale | $2,299,000 | -- | $759 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,304 | $68,150 | $24,000 | $44,150 |
| 2023 | $2,815 | $68,150 | $24,000 | $44,150 |
| 2022 | $2,769 | $68,150 | $24,000 | $44,150 |
| 2021 | $2,686 | $68,150 | $24,000 | $44,150 |
| 2020 | $2,563 | $68,150 | $24,000 | $44,150 |
| 2019 | $2,552 | $68,150 | $24,000 | $44,150 |
| 2018 | $2,577 | $68,150 | $0 | $0 |
| 2017 | $2,598 | $68,150 | $0 | $0 |
| 2016 | $2,290 | $68,150 | $0 | $0 |
| 2015 | $2,360 | $68,150 | $0 | $0 |
| 2014 | $2,324 | $68,150 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Henry Jaffe
Seller's Agent in 2017
Henry Jaffe
OCEAN ATLANTIC SOTHEBYS
(302) 296-6646
6 in this area
107 Total Sales
Map
Source: Bright MLS
MLS Number: 1001019900
APN: 134-17.20-206.00
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