NOT LISTED FOR SALE

402 Canal Way W Bethany Beach, DE 19930

Estimated Value: $788,301 - $1,336,000

5 Beds
2.5 Baths
3,800 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $645,000 $170 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,999/month

Highlights

  • 1 Dock Slip
  • Pier
  • Home fronts navigable water
  • Lord Baltimore Elementary School Rated A-
  • Golf Course Community
  • Fitness Center

About This Home

As of August 2018

This spacious 4BR home is situated on a canal with access to the salt pond and Indian River Bay. It offers a relaxing setting, large living area, all season sun room, beautiful outdoor space with deck. Features include first floor master bedroom, office, ample storage, community amenities and short drive to beach and town.

Last Agent to Sell the Property

Nancy Rhodes

(302) 537-3400 tim@timrhodes.com RE/MAX Coastal Listed on: 01/04/2017

RE/MAX Coastal

Last Buyer's Agent

GAIL LEKITES

(302) 542-8745 gail.lekites@lnf.com Long & Foster Real Estate, Inc. License #RS-0006650

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,215

Year Built

  • Built in 2002

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 153x66x146x61
  • Home fronts navigable water
  • Landscaped
  • Zoning described as RESIDENTIAL PLANNED COMM.

HOA Fees

  • $128 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 3,800 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Canal Views
  • Crawl Space
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Pier
  • Water Access
  • Property is near a canal
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Deck
  • Patio

Location

  • Flood Risk

Utilities

  • Zoned Heating and Cooling
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heat Pump System
  • 200+ Amp Service
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-13.00-1382.00

Community Details

Overview

  • $1,000 Recreation Fee
  • Salt Pond Subdivision

Amenities

  • Community Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,215

Year Built

Built in 2002

Lot Details

0

HOA Fees

$128 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2002
  • Remarks Public: This spacious 4BR home is situated on a canal with access to the salt pond and Indian River Bay. It offers a relaxing setting, large living area, all season sun room, beautiful outdoor space with deck. Features include first floor master bedroom, office, ample storage, community amenities and short drive to beach and town.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Six Burner Stove, Refrigerator, Washer
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Ceiling Fan(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3800
  • Living Area Sq Ft: 3800
  • Net Sq Ft: 3800.00
  • Price Per Sq Ft: 184.18
  • Above Grade Finished Sq Ft: 3800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Stucco
  • Construction Completed: Yes
  • Exterior Features: Satellite Dish
  • Roof: Architectural Shingle
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Attic Fan, Central A/C, Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Gas, Propane, Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1532.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Cable, Community Center, Fitness Center, Golf Course, Tot Lots/Playground, Pool - Outdoor, Swimming Pool, Putting Green, Tennis Courts
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 1000.00
  • Association Recreation Fee: Yes

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.25
  • Lot Dimensions: 153x66x146x61
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: RESIDENTIAL
  • Zoning Description: RESIDENTIAL PLANNED COMM.
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5106648
  • Assessor Parcel Number: 134-13.00-1382.00
  • County Tax Payment Frequency: Annually
  • Close Date: 08/16/2018

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2017
Closed on
Aug 16, 2018
Sold by
Allen Jerome S and Allen Anne M
Bought by
Kuhn Eric P and Kuhn Cynthia E
Seller's Agent
Nancy Rhodes
RE/MAX Coastal
Buyer's Agent
GAIL LEKITES
Long & Foster Real Estate, Inc.
List Price
$719,900
Sold Price
$645,000
Premium/Discount to List
-$74,900
-10.4%
Current Estimated Value
$1,072,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,575
Avg. Annual Appreciation
7.40%
Original Mortgage
$516,000
Outstanding Balance
$441,835
Interest Rate
4.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$630,740

Purchase Details

Closed on
Jan 26, 2000
Bought by
Allen Allen S and Allen Anne M
Source: Public Records

Range of Values:

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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
Kuhn Eric P $645,000 --
Allen Allen S $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuhn Eric P $516,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2018 08/16/18 Sold $645,000 -7.8% $170 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
05/20/2018 05/20/18 Price Changed $699,900 -2.8% $184 / Sq Ft
01/04/2017 01/04/17 For Sale $719,900 -- $189 / 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
2025 $2,215 $46,450 $9,750 $36,700
2024 $1,921 $46,450 $9,750 $36,700
2023 $1,919 $46,450 $9,750 $36,700
2022 $1,888 $46,450 $9,750 $36,700
2021 $1,831 $46,450 $9,750 $36,700
2020 $1,747 $46,450 $9,750 $36,700
2019 $1,735 $46,450 $9,750 $36,700
2018 $1,380 $46,450 $0 $0
2017 $1,395 $46,450 $0 $0
2016 $1,084 $46,450 $0 $0
2015 $1,133 $46,450 $0 $0
2014 $1,108 $46,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nancy Rhodes

    RE/MAX

    Section Image

  • G

    Buyer's Agent in 2018

    GAIL LEKITES

    Long & Foster

    (302) 542-8745

    7 in this area

    25 Total Sales

    GAIL LEKITES
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001566670

Bright MLS

APN: 134-13.00-1382.00

Delaware Sussex County Bethany Beach 19930

402 Canal Way W, Bethany Beach, DE

This home is located at 402 Canal Way W, Bethany Beach, DE 19930 since 04 January 2017 and is currently estimated at $1,072,575, approximately $282 per square foot. This property was built in 2002. 402 Canal Way W is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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