NOT LISTED FOR SALE

489 Bethany Loop Bethany Beach, DE 19930

Estimated Value: $790,975 - $855,000

4 Beds
2.5 Baths
2,700 Sq Ft
$306/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $624,900 $231 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,877/month

4 Days on Market

Highlights

  • On Golf Course
  • Panoramic View
  • Deck
  • Lord Baltimore Elementary School Rated A-
  • Coastal Architecture
  • Screened Porch

About This Home

As of June 2021

Enjoy Panoramic golf course and water views from your luxurious Bethany Beach, Salt Pond beach house! Located in the sought-after amenity-rich resort community of Salt Pond - just a mile or so to the beach! This Incredible Bethany Beach resort home is on a large lot nestled among mature trees and overlooking the 13th Hole of the Salt Pond Golf Course. Salt Pond Amenities include a year round golf course, indoor and outdoor pools, tennis, basketball, fitness center, kayak launch, pickle ball and more. Relax from your sun deck and oversized screened in porch and balcony porch with panoramic golf course and pond views. You'll be astounded by the dramatic 2 story living room, chef-inspired kitchen, adjoining dining area, and expansive Master bedroom Suite w jetted tub, all on the main floor of this Bethany Beach house, Upstairs are 3 additional bedrooms including a double sized bonus room that could be subdivided to form a 5th bedroom. 2 car garage, 1st floor laundry and more. Note: This is an Estate Sale - This House is Being Sold "As Is"

Last Listed By

Steven Gilbert

Keller Williams Realty License #RS-0024373 Listed on: 04/23/2021

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1993

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 110.00 x 120.00
  • On Golf Course
  • Property is zoned MR

HOA Fees

  • $151 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Property Views

  • Lake
  • Pond
  • Panoramic
  • Golf Course
  • Garden

Home Design

  • Coastal Architecture
  • Frame Construction

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Laundry Room

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 134-13.00-1432.00

Community Details

Overview

  • $500 Capital Contribution Fee
  • Salt Pond Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,384

Year Built

Built in 1993

Lot Details

0

HOA Fees

$151 per month

Parking

2

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
  • Home Warranty: No
  • Inclusions: See Inclusion / Exclusion List
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-04-24
  • Federal Flood Zone: Yes
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Remarks Public: Enjoy Panoramic golf course and water views from your luxurious Bethany Beach, Salt Pond beach house! Located in the sought-after amenity-rich resort community of Salt Pond - just a mile or so to the beach! This Incredible Bethany Beach resort home is on a large lot nestled among mature trees and overlooking the 13th Hole of the Salt Pond Golf Course. Salt Pond Amenities include a year round golf course, indoor and outdoor pools, tennis, basketball, fitness center, kayak launch, pickle ball and more. Relax from your sun deck and oversized screened in porch and balcony porch with panoramic golf course and pond views. You'll be astounded by the dramatic 2 story living room, chef-inspired kitchen, adjoining dining area, and expansive Master bedroom Suite w jetted tub, all on the main floor of this Bethany Beach house, Upstairs are 3 additional bedrooms including a double sized bonus room that could be subdivided to form a 5th bedroom. 2 car garage, 1st floor laundry and more. Note: This is an Estate Sale - This House is Being Sold "As Is"
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Bathroom 3, Primary Bathroom, Half Bath, Screened Porch
  • Basement: No
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 231.44
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 489

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Play Area, Sidewalks
  • View: Panoramic, Golf Course, Garden/Lawn, Lake, Pond, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Built In, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1813.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: 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

  • Land Use Code: RS
  • Lot Size Acres: 0.31
  • Lot Dimensions: 110.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13504.00
  • Outdoor Living Structures: Balcony, Deck(s), Enclosed, Porch(es), Screened
  • Year Assessed: 2020
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5106703
  • School Tax: 1220.00
  • Tax Annual Amount: 1384.00
  • Assessor Parcel Number: 134-13.00-1432.00
  • Tax Lot: 125
  • Tax Total Finished Sq Ft: 1740
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/11/2021

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
Apr 23, 2021
Closed on
Jun 11, 2021
Sold by
Chase Lois May Est
Bought by
Grabo Robert and Grabo Tatiana
Seller's Agent
Steven Gilbert
Keller Williams Realty
Buyer's Agent
Tammy Petrone
Chesapeake Real Estate Associates, LLC
List Price
$624,900
Sold Price
$624,900
Total Days on Market
4
Current Estimated Value
$825,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,594
Avg. Annual Appreciation
7.30%
Original Mortgage
$499,920
Outstanding Balance
$457,515
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$367,979

Purchase Details

Closed on
Feb 1, 1993
Bought by
Chase Lois M

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
Grabo Robert $624,900 None Available
Chase Lois M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grabo Robert $499,920
Closed Grabo Robert $499,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $624,900 0.0% $231 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $624,900 -- $231 / 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 $1,522 $36,800 $7,500 $29,300
2023 $1,520 $36,800 $7,500 $29,300
2022 $1,495 $36,800 $7,500 $29,300
2021 $1,451 $36,800 $7,500 $29,300
2020 $996 $36,800 $7,500 $29,300
2019 $990 $36,800 $7,500 $29,300
2018 $1,003 $36,800 $0 $0
2017 $1,015 $36,800 $0 $0
2016 $768 $36,800 $0 $0
2015 $786 $36,800 $0 $0
2014 $767 $36,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU181648

Bright MLS

APN: 134-13.00-1432.00