NOT LISTED FOR SALE

408 Canal Way E Bethany Beach, DE 19930

Estimated Value: $1,121,000 - $1,236,938

5 Beds
3.5 Baths
3,200 Sq Ft
$372/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $822,000 $257 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,613/month

Highlights

  • 68 Feet of Waterfront
  • 1 Dock Slip
  • Golf Course Community
  • Lord Baltimore Elementary School Rated A-
  • Pier or Dock
  • Access to Tidal Water

About This Home

As of November 2019

Beautiful Canalfront home less than 3 miles to the beach with a private boat dock and access to the Assawoman Canal and the Ocean. This coastal home offers 5 bedrooms plus a den and an open floorplan featuring an impressive great room opening to a large screened porch and spacious decks creating the perfect layout for entertaining. Notable features include hardwood flooring and ceramic tile throughout the main living areas, 2 gas fireplaces, and a beautiful kitchen with upgraded cabinetry, granite countertops, and new stainless appliances. This home is ideal for large gatherings at the beach with a private master bedroom on the main floor and 4 additional spacious bedrooms upstairs, 3 of which open to a canalfront balcony with access to a large private deck. Additional conveniences include two zone heating and cooling only 1 year old, maintenance free landscaping, durable Trex decking, outdoor shower, and mechanized privacy solar screens outside the sliding doors on the main level. Located in the sought after community of Salt Pond with endless amenities including a year round golf course, indoor and outdoor pools, tennis, fitness center, kayak launch, basketball, and pickleball.

Last Agent to Sell the Property

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 10/23/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Kiki Hargrove

(302) 569-2959 kiki@lesliekopp.com Long & Foster Real Estate, Inc. License #RS-0020565

Last Buyer's Agent

Ann Raskauskas

(302) 245-2154 ann@bethanyarearealty.com BETHANY AREA REALTY LLC License #RB-0020092

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,711

Year Built

  • Built in 2001

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 68 x 136 x 71 x 136
  • 68 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Landscaped
  • Property is zoned MR

HOA Fees

  • $134 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Den
  • Storage Room
  • Canal Views
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a canal
  • Personal Watercraft
  • Bulkhead
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock Against Bulkhead
  • Powered Boats Permitted
  • Lake Privileges
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 134-13.00-1387.00

Community Details

Overview

  • Association fees include common area maintenance, pool(s), recreation facility, snow removal
  • Salt Pond Subdivision

Amenities

  • Recreation Room

Recreation

  • Pier or Dock
  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,711

Year Built

Built in 2001

Lot Details

0

HOA Fees

$134 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Some Exclusions to be Determined
  • Inclusions: Furnishings Included with Sale
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Remarks Public: Beautiful Canalfront home less than 3 miles to the beach with a private boat dock and access to the Assawoman Canal and the Ocean. This coastal home offers 5 bedrooms plus a den and an open floorplan featuring an impressive great room opening to a large screened porch and spacious decks creating the perfect layout for entertaining. Notable features include hardwood flooring and ceramic tile throughout the main living areas, 2 gas fireplaces, and a beautiful kitchen with upgraded cabinetry, granite countertops, and new stainless appliances. This home is ideal for large gatherings at the beach with a private master bedroom on the main floor and 4 additional spacious bedrooms upstairs, 3 of which open to a canalfront balcony with access to a large private deck. Additional conveniences include two zone heating and cooling only 1 year old, maintenance free landscaping, durable Trex decking, outdoor shower, and mechanized privacy solar screens outside the sliding doors on the main level. Located in the sought after community of Salt Pond with endless amenities including a year round golf course, indoor and outdoor pools, tennis, fitness center, kayak launch, basketball, and pickleball.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Attic/House Fan, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 3+
  • Room List: Den, Foyer, Great Room, Storage Room
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 3200
  • Price Per Sq Ft: 260.94
  • Above Grade Finished Sq Ft: 3200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Canal
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 68

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 12
  • Parking Features: Under Home Parking
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Driveway, Off Street

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: 1608.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Fitness Center, Golf Course, Pier/Dock, Pool - Indoor, Pool - Outdoor, Recreational Center, Swimming Pool, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Recreation Facility, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground, Indoor, Lap/Exercise, Heated

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Features: Bulkheaded, Landscaping
  • Lot Size Acres: 0.22
  • Lot Dimensions: 68 x 136 x 71 x 136
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened, Patio(s)
  • Year Assessed: 2019
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5106653
  • School Tax: 1508.00
  • Tax Annual Amount: 1711.00
  • Assessor Parcel Number: 134-13.00-1387.00
  • Tax Lot: 80
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 11/19/2019

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2019
Closed on
Nov 19, 2019
Sold by
Prunella Ft
Bought by
Lewis Susan and Lewis John
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
List Price
$835,000
Sold Price
$822,000
Premium/Discount to List
-$13,000
-1.56%
Current Estimated Value
$1,190,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,485
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
Nov 3, 2014
Sold by
Prunella Warren J
Bought by
Prunella Warren James and Jimenez Prunella Priscila

Purchase Details

Closed on
Jan 4, 2001
Bought by
Prunella Warren J & Priscila J Trust
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
Lewis Susan $822,000 --
Prunella Warren James -- --
Prunella Warren J & Priscila J Trust $217,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2019 11/19/19 Sold $822,000 -1.6% $257 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $835,000 -- $261 / 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 $2,002 $45,700 $9,750 $35,950
2024 $1,914 $45,700 $9,750 $35,950
2023 $1,912 $45,700 $9,750 $35,950
2022 $1,881 $45,700 $9,750 $35,950
2021 $1,825 $45,700 $9,750 $35,950
2020 $1,743 $45,700 $9,750 $35,950
2019 $1,711 $45,700 $9,750 $35,950
2018 $1,728 $45,700 $0 $0
2017 $1,742 $45,700 $0 $0
2016 $1,535 $45,700 $0 $0
2015 $1,583 $45,700 $0 $0
2014 $1,559 $45,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU150300

Bright MLS

APN: 134-13.00-1387.00