$1,215,000
SOLD FEB 12, 2015

423 Canal Way E Bethany Beach, DE 19930

5 Beds
4.5 Baths
5,400 Sq Ft
0.39 Acres

Recently Sold

$225 Per Sq Ft

13% Below List Price

293 Days on Market

Highlights

  • 1 Dock Slip
  • Pier
  • Fitness Center
  • Lord Baltimore Elementary School Rated A-
  • Golf Course Community
  • Lake View

About This Home

As of January 2019

Exquisite waterfront residence on the salt pond with picturesque setting, timeless architecture & luxurious finishes. Notable features include elevator, gourmet chef's kitchen, wine cellar, whole house generator, den, sitting and breakfast rooms. Enjoy your own boat dock & many community amenities.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 03/25/2014

Long & Foster Real Estate, Inc.

Co-Listed By

Kiki Hargrove

Long & Foster Real Estate, Inc. License #RS-0020565

Last Buyer's Agent

JANE BAXTER

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,379

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 50x118x107x158
  • Waterfront
  • Landscaped
  • Sprinkler System

HOA Fees

  • $125 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Coastal Architecture
  • Shingle Roof
  • Wood Roof
  • Shingle Siding
  • Piling Construction
  • Stick Built Home
  • Cedar

Interior Spaces

  • 5,400 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Sitting Room
  • Den

Kitchen

  • Breakfast Room
  • Double Oven
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Circular Driveway
  • Brick Driveway
  • Off-Street Parking

Outdoor Features

  • Pier
  • Water Access
  • Property is near a pond
  • Bulkhead
  • 1 Dock Slip
  • Lake Privileges
  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • Cooling System Utilizes Bottled Gas
  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Tankless Water Heater

Additional Features

  • Modifications for wheelchair accessibility
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-13.00-1404.00

Community Details

Overview

  • Salt Pond Subdivision

Amenities

  • Community Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,379

Year Built

Built in 2004

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Wheelchair Mod
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Remarks Public: Exquisite waterfront residence on the salt pond with picturesque setting, timeless architecture & luxurious finishes. Notable features include elevator, gourmet chef's kitchen, wine cellar, whole house generator, den, sitting and breakfast rooms. Enjoy your own boat dock & many community amenities.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Humidifier, Icemaker, Instant Hot Water, Microwave, Oven - Double, Range Hood, Six Burner Stove, Refrigerator, Washer, Water Heater - Tankless
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Kitchen - Island, Pantry, Ceiling Fan(s), Elevator, Whirlpool/Hottub, Wet/Dry Bar, Window Treatments
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Level Count: 4
  • Levels Count: 3+
  • Room Count: 6
  • Room List: Sitting Room, Den, Breakfast Room, Great Room, Laundry, Office
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 5400
  • Living Area Sq Ft: 5400
  • Net Sq Ft: 5400.00
  • Price Per Sq Ft: 239.81
  • Above Grade Finished Sq Ft: 5400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 423

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar, Shingle Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outbuilding(s)
  • Roof: Shingle, Wood
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Brick Driveway, Circular Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Propane, Zoned
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1435.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1503.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Community Center, Fitness Center, Golf Course, Tennis Courts, Tot Lots/Playground, Swimming Pool, Pool - Outdoor, Water/Lake Privileges
  • HOA: Yes
  • Community Pool Features: Indoor

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Features: Bulkheaded, Landscaping
  • Lot Dimensions: 50x118x107x158
  • Outdoor Living Structures: Deck(s), Porch(es), Screened

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5106672
  • Assessor Parcel Number: 134-13.00-1404.00
  • County Tax Payment Frequency: Annually
  • Close Date: 02/12/2015

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
Current Estimated Value
$1,301,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,122
Avg. Annual Appreciation
3.24%

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%
Source: Public Records

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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 Type Sale Price Title Company
Deed $1,300,000 --
Interfamily Deed Transfer $1,215,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 No Value Available
Previous Owner $647,000 No Value Available
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: 1000980924

Bright MLS

APN: 134-13.00-1404.00