NOT LISTED FOR SALE

408 Periwinkle Rd Bethany Beach, DE 19930

Estimated Value: $811,000 - $1,241,000

3 Beds
2.5 Baths
2,097 Sq Ft
$474/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $865,000 $412 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,526/month

43 Days on Market

Highlights

  • Open Floorplan
  • Coastal Architecture
  • Two Story Ceilings
  • Lord Baltimore Elementary School Rated A-
  • Deck
  • Backs to Trees or Woods

About This Home

As of January 2024

Nestled in the back of the coveted Cat Hill neighborhood in South Bethany, this home has been lovingly maintained by the original owners. If you are looking for a private beach retreat and a home with an open and flexible living space, then this is the property for you! With 3 bedrooms and 2.5 bathrooms, plus a loft (which could easily be made into a fourth bedroom), you will have ample space to spread out and unwind. Only a quick bike ride to the quiet, rarely crowded, life guarded South Bethany beach, the boardwalk, restaurants, and shops. At this home, there is plenty of room for family and friends! Under the house, there is abundant parking for at least 6 or 7 cars, plus a huge storage room for all your beach toys, bikes and boogie boards. You can enter the home on the ground level or use the stairs to come in on the main level. Decks on the main and upper level provide additional space for relaxing and taking in the beach air. Once inside, the open floor plan with 2-story ceilings is bright and feels extra spacious. The kitchen offers abundant storage with a large island in the center and is adjacent to the dining and living room. From the living room, you can step out onto the huge screened-in porch which is quiet and private due to the trees at the back of the lot. The back deck is just around the corner and would be the perfect place to entertain or lounge. A large primary bedroom with a walk-in closet and en-suite bathroom, which has a brand new Kohler shower, offers a space that is separate from the rest of the bedrooms. A new stacked washer and dryer are tucked into a room that currently serves as an office and is also conveniently located on this level. Upstairs you will find two additional bedrooms, a full bath and a loft space which can be set up for a variety of needs. Whether you choose to enjoy this home year-round, or just for summertime, with a new roof (with a transferable warranty), new carpets throughout, and an exterior that has been recently painted, you can move right in and start enjoying all that South Bethany and Bethany Beach have to offer!

Last Agent to Sell the Property

Kyle McKean

Long & Foster Real Estate, Inc. License #RS362679 Listed on: 10/17/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ashley Brosnahan

Long & Foster Real Estate, Inc. License #RA-0031206

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,110

Year Built

  • Built in 2000

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50.00 x 75.00
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Roof
  • Piling Construction
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 2,097 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Sound System
  • Two Story Ceilings
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Screened Porch
  • Storage Room

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Kitchen Island
  • Trash Compactor
  • Compactor

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Solar Tube

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • 7 Parking Spaces
  • 7 Driveway Spaces
  • Gravel Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Chairlift
  • Flood Risk

Community Details

  • No Home Owners Association
  • Cat Hill Subdivision

Listing and Financial Details

  • Tax Lot 83
  • Assessor Parcel Number 134-17.00-160.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,110

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Chairlift
  • Ownership: Fee Simple
  • Inclusions: Chair lift on lower stairs, appliances in as-is condition
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2023-10-17
  • Federal Flood Zone: Yes
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Compactor, Trash Compactor, Built-In Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Ceramic Tile, Fully Carpeted, Hardwood
  • Interior Amenities: Combination Kitchen/Dining, Combination Dining/Living, Floor Plan - Open, Kitchen - Island, Solar Tube(s), Sound System
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings
  • Foundation Details: Pilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Loft, Office, Storage Room, Primary Bathroom, Half Bath, Screened Porch
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2097
  • Living Area Sq Ft: 2097
  • Price Per Sq Ft: 422.03
  • Above Grade Finished Sq Ft: 2097
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Hardiplank Type
  • Exterior Features: Outside Shower
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 7

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.10
  • Lot Dimensions: 50.00 x 75.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Outdoor Living Structures: Deck(s), Screened, Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1216.18
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2109.95
  • Assessor Parcel Number: 134-17.00-160.00
  • Tax Lot: 83
  • Tax Total Finished Sq Ft: 1224
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 01/05/2024

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Dec 22, 2023
Sold by
Kirk Robert C and Kirk Joann D
Bought by
Krosnowski Scott and Krosnowski Michelle
Seller's Agent
Kyle McKean
Long & Foster Real Estate, Inc.
Buyer's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
List Price
$895,000
Sold Price
$865,000
Premium/Discount to List
-$30,000
-3.35%
Views
282
Current Estimated Value
$993,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,191
Avg. Annual Appreciation
8.90%
Original Mortgage
$408,000
Outstanding Balance
$401,661
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$591,530

Purchase Details

Closed on
Jul 9, 2018
Sold by
Kirk Robert C and Kirk Joann A
Bought by
Kirk Robert C and Kirk Joann D

Purchase Details

Closed on
Apr 17, 1999
Bought by
Kirk Robert C and Kirk Joann D
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
Krosnowski Scott $865,000 None Listed On Document
Kirk Robert C -- --
Kirk Robert C $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krosnowski Scott $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $865,000 -2.3% $412 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/18/2023 11/18/23 Price Changed $885,000 -1.1% $422 / Sq Ft
11/08/2023 11/08/23 For Sale $895,000 +3.5% $427 / Sq Ft
10/25/2023 10/25/23 Off Market $865,000 -- --
10/17/2023 10/17/23 For Sale $895,000 -- $427 / 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
2024 $1,364 $33,000 $4,550 $28,450
2023 $1,363 $33,000 $4,550 $28,450
2022 $1,341 $33,000 $4,550 $28,450
2021 $1,301 $33,000 $4,550 $28,450
2020 $1,241 $33,000 $4,550 $28,450
2019 $1,236 $33,000 $4,550 $28,450
2018 $1,248 $33,000 $0 $0
2017 $1,258 $33,000 $0 $0
2016 $1,109 $33,000 $0 $0
2015 $1,143 $33,000 $0 $0
2014 $1,126 $33,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2049820

Bright MLS

APN: 134-17.00-160.00