NOT LISTED FOR SALE

420 Canal Way E Bethany Beach, DE 19930

Estimated Value: $831,000 - $1,150,069

4 Beds
3.5 Baths
2,145 Sq Ft
$487/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $901,000 $420 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,868/month

Highlights

  • 50 Feet of Waterfront
  • Private Dock Site
  • Fitness Center
  • Lord Baltimore Elementary School Rated A-
  • Access to Tidal Water
  • Scenic Views

About This Home

As of September 2021

Here's an opportunity to put your own personal touches on this canal front home located in sought after Salt Pond. Use your imagination and bring back the sparkle of this 4 bedroom, 3.5 bath waterfront home. Enjoy lazy afternoons on the screened porch. Or catch some rays on the open sun deck. Have a green thumb? Look at this yard. Plenty of room to plant a garden or some lush landscaping. Stroll down to your own private dock and hop onto your boat. This is a boat lover's paradise. Community amenities include both indoor and outdoor pools, tennis courts, fitness center, playground and much more. Located just a few miles to the DE beaches. Invest low, profit high. This home is priced to sell. Don't delay or it will be gone.

Last Agent to Sell the Property

Joyce Henderson

(410) 430-0084 jhenderson@cbmove.com Coldwell Banker Realty License #323551 Listed on: 07/29/2021

Coldwell Banker Realty

Last Buyer's Agent

CHRIS ALLEN

(302) 542-6547 cmallen19930@gmail.com Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,792

Year Built

  • Built in 1995

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 70.00 x 155.00
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Tidal Wetland on Lot
  • Property is in average condition
  • Property is zoned MR

HOA Fees

  • $151 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 6 Driveway Spaces
  • 1 Attached Carport Space
  • Front Facing Garage

Property Views

  • Scenic Vista
  • Woods
  • Canal
  • Creek or Stream

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Saltbox Architecture
  • Frame Construction
  • Shingle Roof
  • Piling Construction

Interior Spaces

  • 2,145 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • Bathtub with Shower

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Bulkhead
  • Rip-Rap
  • Private Dock Site
  • Stream or River on Lot

Location

  • Flood Risk

Utilities

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

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 134-13.00-1393.00

Community Details

Overview

  • $750 Capital Contribution Fee
  • Association fees include common area maintenance, trash, recreation facility, pool(s)
  • Salt Pond Homeowners Association
  • Built by Zonko
  • Salt Pond Subdivision
  • Property Manager

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,792

Year Built

Built in 1995

Lot Details

0

HOA Fees

$151 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary, Salt Box
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Refrigerator, Washer, Water Heater, Central Vacuum, Cooktop, Oven - Wall
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Kitchen - Eat-In, Primary Bath(s), Tub Shower, Wet/Dry Bar
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2145
  • Living Area Sq Ft: 2145
  • Price Per Sq Ft: 338.00
  • Above Grade Finished Sq Ft: 2145
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 420

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • View: Canal, Creek/Stream, Scenic Vista, Trees/Woods
  • 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: 50

Garage/Parking

  • Garage Spaces: 1.00
  • Carport Spaces: 1
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Carport Spaces: 1
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, Attached Carport, Attached Garage
  • Number of Spaces in Driveway: 6

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
  • Utilities: Cable Tv Available, Propane
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1813.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Exercise Room, Pool - Indoor, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Trash, Recreation Facility, Pool(s)
  • HOA Name: SALT POND HOMEOWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 750.00

Schools

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

Lot Info

  • Land Use Code: RS
  • Lot Features: Bulkheaded, Rip-Rapped, Stream/Creek, Tidal Wetland
  • Lot Size Acres: 0.29
  • Lot Dimensions: 70.00 x 155.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: MR
  • In City Limits: No

Building Info

  • Builder Name: Zonko

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1580.00
  • Tax Annual Amount: 1792.00
  • Assessor Parcel Number: 134-13.00-1393.00
  • Tax Lot: 86
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/03/2021

Multi Family

  • Federal Flood Zone: A-E
  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 3, 2021
Sold by
Torok Kathleen A and Johnston Donna M
Bought by
Engesser Kaitlin and Anderson Eric
Seller's Agent
Joyce Henderson
Coldwell Banker Realty
Buyer's Agent
CHRIS ALLEN
Keller Williams Realty
List Price
$725,000
Sold Price
$901,000
Premium/Discount to List
$176,000
24.28%
Current Estimated Value
$1,045,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,017
Avg. Annual Appreciation
3.71%
Original Mortgage
$810,900
Outstanding Balance
$736,757
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$308,260

Purchase Details

Closed on
Jun 22, 2012
Sold by
Johnston Richard C and Johnston Patricia A
Bought by
Johnston Richard C and Johnston Patricia A
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
Engesser Kaitlin $901,000 None Available
Johnston Richard C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engesser Kaitlin $810,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $901,000 +24.3% $420 / Sq Ft
07/29/2021 07/29/21 For Sale $725,000 -- $338 / 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 $2,117 $47,650 $11,250 $36,400
2024 $1,970 $47,650 $11,250 $36,400
2023 $1,968 $47,650 $11,250 $36,400
2022 $1,936 $47,650 $11,250 $36,400
2021 $1,490 $47,650 $11,250 $36,400
2020 $1,416 $47,650 $11,250 $36,400
2019 $1,408 $47,650 $11,250 $36,400
2018 $1,426 $47,650 $0 $0
2017 $1,441 $47,650 $0 $0
2016 $1,125 $47,650 $0 $0
2015 $1,174 $47,650 $0 $0
2014 -- $47,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2002912

Bright MLS

APN: 134-13.00-1393.00