NOT LISTED FOR SALE

423 Canal Way E Bethany Beach, DE 19930

Estimated Value: $482,584 - $2,344,000

5 Beds
4.5 Baths
606 Sq Ft
$2,648/Sq Ft Est. Value

Last Sold January 08, 2019

Last sale price $1,300,000 $2,145 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,397/month

Highlights

  • Home fronts navigable water
  • Water Access
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • 0.39 Acre Lot
  • 1 Fireplace

About This Home

As of January 2019

This home is located at 423 Canal Way E, Bethany Beach, DE 19930 since 29 November 2018 and is currently estimated at $1,604,396, approximately $2,647 per square foot. This property was built in 2004. 423 Canal Way E is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

Last Listed By

Paul Sicari

Compass License #659389 Listed on: 11/29/2018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 2004

Lot Details

  • 0.39 Acre Lot
  • Home fronts navigable water

HOA Fees

  • $134 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 4 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Circular Driveway

Home Design

  • Coastal Architecture
  • Frame Construction

Interior Spaces

  • 606 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Laundry Room

Bedrooms and Bathrooms

Outdoor Features

  • Water Access
  • Property is near a pond

Utilities

  • Central Air
  • Cooling System Utilizes Bottled Gas
  • Heat Pump System

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Community Details

  • $500 Capital Contribution Fee
  • Salt Pond Subdivision

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 134-13.00-1404.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,068

Year Built

Built in 2004

Lot Details

0

HOA Fees

$134 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Elevator
  • Fireplaces Count: 1
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Kitchen, Sun/Florida Room, Laundry, Office
  • Basement: No
  • Total Sq Ft: 606
  • Living Area Sq Ft: 606
  • Price Per Sq Ft: 2145.21
  • Above Grade Finished Sq Ft: 606
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 423

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: Yes
  • Water Body Name: Salt Pond
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Parking Features: Circular Driveway
  • Garage Features: Additional Storage Area
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1613.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17062.00
  • Zoning: L
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5106672
  • School Tax: 2707.00
  • Tax Annual Amount: 3068.00
  • Assessor Parcel Number: 134-13.00-1404.00
  • Tax Lot: 97
  • Tax Total Finished Sq Ft: 606
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 01/08/2019

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
Nov 29, 2018
Closed on
Jan 8, 2019
Sold by
Gwensberg Larry C and Bosco Susan L
Bought by
Kent C Guersey Ret
Seller's Agent
Paul Sicari
Compass
Buyer's Agent
Paul Sicari
Compass
List Price
$1,300,000
Sold Price
$1,300,000
Total Days on Market
0
Current Estimated Value
$1,604,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,396
Avg. Annual Appreciation
3.35%

Purchase Details

Listed on
Mar 25, 2014
Closed on
Feb 12, 2015
Sold by
Denault Paul A and Denault Faith M
Bought by
Gwensberg Larry A and Bosco Susan Lynn
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
JANE BAXTER
Keller Williams Realty
List Price
$1,395,000
Sold Price
$1,215,000
Premium/Discount to List
-$180,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%

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
Kent C Guersey Ret $1,300,000 --
Gwensberg Larry A $1,215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gwensberg Larry $100,000
Previous Owner Dennault Paul A $647,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2019 01/08/19 Sold $1,300,000 0.0% $2,145 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
11/29/2018 11/29/18 For Sale $1,300,000 +7.0% $2,145 / Sq Ft
02/12/2015 02/12/15 Sold $1,215,000 -12.9% $225 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
03/25/2014 03/25/14 For Sale $1,395,000 -- $258 / 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 $3,379 $81,150 $16,350 $64,800
2023 $3,376 $81,150 $16,350 $64,800
2022 $3,322 $81,150 $16,350 $64,800
2021 $3,223 $81,150 $16,350 $64,800
2020 $3,052 $81,150 $16,350 $64,800
2019 $3,063 $81,150 $16,350 $64,800
2018 $3,068 $81,150 $0 $0
2017 $3,094 $81,150 $0 $0
2016 $2,726 $81,150 $0 $0
2015 $2,810 $81,150 $0 $0
2014 $2,792 $81,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU128958

Bright MLS

APN: 134-13.00-1404.00