Paul Sicari
Compass
(240) 558-6504
168 Total Sales
51 in Bethany Beach
$275K - $1.6M Price Range
401 E Bank Rd Bethany Beach, DE 19930
Bethany Beach AreaEstimated Value: $3,242,295
5
Beds
4.5
Baths
3,500
Sq Ft
$926/Sq Ft
Est. Value
Highlights
- Water Views
- Beach
- Private Beach Club
- Lord Baltimore Elementary School Rated A-
- Private Beach
- Tennis Courts
About This Home
As of October 2025Enjoy 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
(302) 537-9700 ann@bethanyarearealty.com BETHANY AREA REALTY LLC License #RB-0020092 Listed on: 09/18/2025
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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
- Fenced Community Pool
Security
- Gated Community
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,295
Avg. Annual Appreciation
3.00%
Original Mortgage
$1,600,000
Outstanding Balance
$1,583,339
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$1,658,956
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 12, 2014
Bought by
Meltzer Neil M and Meltzer Ellen M K
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bethany Beach, DE
-
Paul Sicari
-
Sharon Daugherty
Sharon Daugherty
Responds QuicklyKeller Williams Realty Delmarva
(667) 281-0411
232 Total Sales
1 in Bethany Beach
$425,000 Price
-
Dustin Oldfather
Dustin Oldfather
Compass
(302) 393-2276
1,393 Total Sales
18 in Bethany Beach
$260K - $2.2M Price Range
-
Barbara Carlson
Barbara Carlson
Keller Williams Realty
(302) 664-7068
28 Total Sales
8 in Bethany Beach
$280K - $405K Price Range
-
Mark Macomber
Mark Macomber
RE/MAX Realty Group Rehoboth
(856) 517-8134
60 Total Sales
1 in Bethany Beach
$375,000 Price
-
Rich Meadows
Rich Meadows
Compass
(240) 549-5718
51 Total Sales
7 in Bethany Beach
$616K - $999K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,160,000 | None Listed On Document | ||
| Meltzer Neil M | -- | None Listed On Document | |
| Gift Trust | -- | None Listed On Document | |
| Neil M Meltzer Ret | -- | -- | |
| Meltzer Neil M | $415,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,600,000 | ||
| Previous Owner | Meltzer Neil M | $519,700 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,946 | $49,900 | $12,450 | $37,450 |
| 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
-
Ann Raskauskas
Seller's Agent in 2025
Ann Raskauskas
BETHANY AREA REALTY LLC
(302) 245-2154
41 Total Sales
-
Henry Jaffe
Buyer's Agent in 2025
Henry Jaffe
OCEAN ATLANTIC SOTHEBYS
(302) 296-6646
104 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2096896
APN: 134-09.00-1059.00
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
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The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Copyright 2026 Bright MLS, Inc.
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