$3,160,000
SOLD OCT 31, 2025

401 E Bank Rd Bethany Beach, DE 19930

5 Beds
4.5 Baths
3,500 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$903 Per Sq Ft

5% Above List Price

5 Days on Market

Highlights

  • Water Views
  • Beach
  • Private Beach Club
  • Lord Baltimore Elementary School Rated A-
  • Private Beach
  • Tennis Courts

About This Home

As of October 2025

Enjoy watching sunsets & fireworks from your Custom built home (10 years young) with water views, high -end appliances, custom cabinetry, and innovative architectural elements. Located in Ocean Ridge West with private beach, community pool, pickle ball and tennis courts.
A few high end features: elevator, professionally designed landscaping, including irrigation system, Geo Thermal heating & cooling, stainless steel appliances with oversized kitchen island, 2 dishwashers, wine frig, 2 refrigerators, 5 burner stove, tankless water heater, fireplace walk in closets, Hardi Plank exterior remote access alarm and security systems & security cameras, and garages, outside decks with retractable awing, including a screened porch, outside shower. A life style you will REALLY enjoy!!!!
Exclusions: personal items, table and floor lamps, art work, paddles boards, grill.

Last Agent to Sell the Property

Ann Raskauskas

(302) 537-9700 ann@bethanyarearealty.com BETHANY AREA REALTY LLC License #RB-0020092 Listed on: 09/18/2025

Last Buyer's Agent

Henry Jaffe

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,957

Year Built

  • Built in 2015

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 72.00 x 101.00
  • Private Beach
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Premium Lot
  • Sprinkler System
  • Cleared Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned MR

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Property Views

  • Water
  • Panoramic
  • Scenic Vista
  • Woods

Home Design

  • Coastal Architecture
  • Piling Construction
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 3,500 Sq Ft Home
  • Property has 3.5 Levels
  • Open Floorplan
  • Partially Furnished
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Monitored
  • Security Gate
  • Exterior Cameras
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Flood Lights

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Outdoor Shower
  • Solar Heated Pool

Outdoor Features

  • Tennis Courts
  • Multiple Balconies
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 134-09.00-1059.00

Community Details

Overview

  • Association fees include management, pool(s), recreation facility, road maintenance, security gate, snow removal, trash
  • Ocean Ridge West Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Party Room

Recreation

  • Beach
  • Private Beach Club
  • Tennis Courts
  • Heated Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,957

Year Built

Built in 2015

Lot Details

0

HOA Fees

$245 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: Personal items and items on Seller exclusion list
  • Inclusions: Partially furnished.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Dryer - Electric, Microwave, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Bathroom - Walk-In Shower, Bathroom - Tub Shower, Breakfast Area, Built-Ins, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Elevator, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wine Storage, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 3.5
  • Basement: No
  • Total Sq Ft: 3500
  • Living Area Sq Ft: 3500
  • Price Per Sq Ft: 856.86
  • Above Grade Finished Sq Ft: 3500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Stick Built
  • Exterior Features: Exterior Lighting, Flood Lights, Lawn Sprinkler, Outside Shower, Private Beach, Street Lights, Tennis Court(s), Underground Lawn Sprinkler
  • View: Panoramic, Scenic Vista, Trees/Woods, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Private
  • Garage Features: Built In, Covered Parking, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Geothermal
  • Cooling Type: Central A/C
  • Heating Fuel: Geo-Thermal
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Exterior Cameras, Main Entrance Lock, Monitored, Security Gate, Security System, Smoke Detector, Surveillance Sys, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2945.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Beach Club, Club House, Common Grounds, Gated Community, Party Room, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Management, Pool(s), Recreation Facility, Road Maintenance, Security Gate, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground, Solar Heated

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBEYVILLE

Lot Info

  • Lot Features: Cleared, Front Yard, Landscaping, Private, Premium, Rear Yard, Secluded, Sideyard(s)
  • Lot Size Acres: 0.16
  • Lot Dimensions: 72.00 x 101.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Porch(es), Roof, Screened
  • Property Condition: Excellent
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2661.00
  • Tax Annual Amount: 2957.00
  • Assessor Parcel Number: 134-09.00-1059.00
  • Tax Lot: 70
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2025
Closed on
Oct 16, 2025
Sold by
2023 Gift Trust and Meltzer Ellen M
Bought by
Parr Brian G and Parr Patricia A
Seller's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
Buyer's Agent
Henry Jaffe
Monument Sotheby's International Realty
List Price
$2,999,000
Sold Price
$3,160,000
Premium/Discount to List
$161,000
5.37%
Views
14
Current Estimated Value
$3,189,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,376
Avg. Annual Appreciation
3.93%
Original Mortgage
$1,600,000
Outstanding Balance
$1,600,000
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$1,589,376

Purchase Details

Closed on
Dec 11, 2023
Sold by
Meltzer Neil M and Meltzer Ellen M
Bought by
Gift Trust and Meltzer

Purchase Details

Closed on
Apr 23, 2019
Sold by
Melzer Neil M and Meltzer Ellen M
Bought by
Neil M Meltzer Ret

Purchase Details

Closed on
Apr 23, 2014
Bought by
Meltzer Neil M and Meltzer Ellen M K

Purchase Details

Closed on
Apr 12, 2014
Bought by
Meltzer Neil M and Meltzer Ellen M K
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $3,160,000 None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed -- --
Deed $415,000 --
Deed $415,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,600,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 Sold $3,160,000 +5.4% $903 / Sq Ft
09/18/2025 09/18/25 For Sale $2,999,000 -- $857 / 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 $2,957 $49,900 $12,450 $37,450
2024 $2,063 $49,900 $12,450 $37,450
2023 $2,061 $49,900 $12,450 $37,450
2022 $2,028 $49,900 $12,450 $37,450
2021 $1,967 $49,900 $12,450 $37,450
2020 $1,877 $49,900 $12,450 $37,450
2019 $1,869 $49,900 $12,450 $37,450
2018 $1,887 $49,900 $0 $0
2017 $1,902 $49,900 $0 $0
2016 $1,676 $49,900 $0 $0
2015 $1,728 $49,900 $0 $0
2014 $425 $12,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2096896

Bright MLS

APN: 134-09.00-1059.00