NOT LISTED FOR SALE

407 Canal Way W Bethany Beach, DE 19930

Estimated Value: $664,790 - $803,000

3 Beds
2 Baths
2,010 Sq Ft
$375/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $649,900 $323 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,270/month

Highlights

  • On Golf Course
  • Fitness Center
  • Lake View
  • Lord Baltimore Elementary School Rated A-
  • Water Oriented
  • Open Floorplan

About This Home

As of April 2022

One level living at its best with golf and pond views in popular golf and residential community of Salt Pond. Located about one mile to the beach, ocean, stores, restaurants of Bethany Beach. This split floor plan with master suite on one side and 2 guest rooms with bath on other side is situated on the 13th green of the Salt Pond Golf Course - a public course with memberships available. Grocery store conveniently located within walking distance. Enjoy spacious three season sunroom which opens to an outdoor patio and fenced area for children and pets. Open floor plan with cathedral ceiling, granite counters, tile backsplash and hardwood floors. Welcome to the Salt Pond and the Bethany Beach lifestyle.

Last Agent to Sell the Property

Joanne Young

(302) 381-9291 joanneyoung4765@gmail.com Compass Listed on: 03/24/2022

Compass

Last Buyer's Agent

Suzanne Macnab

(302) 228-1251 smacbeach@msn.com RE/MAX Coastal License #RS-0012856

RE/MAX Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,141

Year Built

  • Built in 2004

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 86.00 x 90.00
  • On Golf Course
  • Vinyl Fence
  • Landscaped
  • Back Yard Fenced and Front Yard
  • Property is zoned MR

HOA Fees

  • $156 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Pond

Home Design

  • Coastal Architecture
  • Rambler Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,010 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Family Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Lake Privileges
  • Patio
  • Porch

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 108
  • Assessor Parcel Number 134-13.00-1415.00

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, snow removal
  • Salt Pond HOA
  • Salt Pond Subdivision
  • Property Manager

Amenities

  • Clubhouse
  • Community Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Volleyball Courts
  • Shuffleboard Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Lap or Exercise Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,141

Year Built

Built in 2004

Lot Details

0

HOA Fees

$156 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: dining table and chairs, hammock
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-03-24
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: One level living at its best with golf and pond views in popular golf and residential community of Salt Pond. Located about one mile to the beach, ocean, stores, restaurants of Bethany Beach. This split floor plan with master suite on one side and 2 guest rooms with bath on other side is situated on the 13th green of the Salt Pond Golf Course - a public course with memberships available. Grocery store conveniently located within walking distance. Enjoy spacious three season sunroom which opens to an outdoor patio and fenced area for children and pets. Open floor plan with cathedral ceiling, granite counters, tile backsplash and hardwood floors. Welcome to the Salt Pond and the Bethany Beach lifestyle.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater, Built-In Microwave
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Entry Level Bedroom, Ceiling Fan(s), Window Treatments, Carpet, Combination Kitchen/Dining, Floor Plan - Open, Walk-In Closet(s)
  • Window Features: Screens
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings, Dry Wall
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Room Count: 6
  • Room List: Primary Bedroom, Kitchen, Family Room, Additional Bedroom
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2010
  • Living Area Sq Ft: 2010
  • Price Per Sq Ft: 323.33
  • Above Grade Finished Sq Ft: 2010
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 407

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Stick Built
  • Roof: Architectural Shingle
  • View: Lake, Pond
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • 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: 6
  • Type Of Parking: Off Street, Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 1870.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Cable, Community Center, Fitness Center, Golf Course, Swimming Pool, Pool - Outdoor, Tennis Courts, Water/Lake Privileges, Club House, Exercise Room, Hot Tub, Pool - Indoor, Shuffleboard, Tot Lots/Playground, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal
  • HOA Name: SALT POND HOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Indoor, Lap/Exercise, In Ground

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear, Vinyl
  • Land Use Code: RS
  • Lot Features: Landscaping, Front Yard, Rear Yard
  • Lot Size Acres: 0.21
  • Lot Dimensions: 86.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9147.60
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Year Assessed: 2021
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Assessor Parcel Number: 5106684
  • School Tax: 1012.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1141.00
  • Assessor Parcel Number: 134-13.00-1415.00
  • Tax Lot: 108
  • Tax Total Finished Sq Ft: 1806
  • Tax Year: 2021
  • Close Date: 04/22/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2011
Closed on
Feb 22, 2012
Sold by
Richard R Richard R and Parker Wallace Ann
Bought by
Marinelli Christina L
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$382,000
Sold Price
$382,000
Current Estimated Value
$753,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,198
Avg. Annual Appreciation
5.11%
Original Mortgage
$372,316
Outstanding Balance
$254,286
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$498,912
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
Marinelli Christina L $382,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marinelli Christina L $372,316
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $649,900 0.0% $323 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $649,900 +70.1% $323 / Sq Ft
02/22/2012 02/22/12 Sold $382,000 0.0% --
02/18/2012 02/18/12 Pending -- -- --
08/26/2011 08/26/11 For Sale $382,000 -- --
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 $1,435 $28,950 $6,000 $22,950
2024 $1,197 $28,950 $6,000 $22,950
2023 $1,196 $28,950 $6,000 $22,950
2022 $1,176 $28,950 $6,000 $22,950
2021 $1,153 $28,950 $6,000 $22,950
2020 $1,101 $28,950 $6,000 $22,950
2019 $1,096 $28,950 $6,000 $22,950
2018 $1,107 $28,950 $0 $0
2017 $1,116 $28,950 $0 $0
2016 $985 $28,950 $0 $0
2015 $1,015 $28,950 $0 $0
2014 $999 $28,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2018258

Bright MLS

APN: 134-13.00-1415.00