NOT LISTED FOR SALE

494 Bethany Loop Bethany Beach, DE 19930

Estimated Value: $608,681 - $885,000

4 Beds
5 Baths
2,111 Sq Ft
$368/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $529,000 $251 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,582/month

242 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Gourmet Kitchen
  • Lord Baltimore Elementary School Rated A-
  • Fishing Allowed
  • Golf Course View

About This Home

As of August 2020

Investor Alert! Great new updates and price adjusted! Bring us an offer on this fabulous beach home on a stunning lot overlooking a pond with wooded views and is 1 mile to the beach! Only 2 miles to the heart of Bethany Beach where shopping, restaurants and the boardwalk await. Beautiful open floor plan shows a sunny living room and dining room with cathedral ceilings, huge windows, sky lights and cozy wood burning fireplace. The kitchen has fab updates to include new quartz countertops, stainless appliances, new flooring and a connecting study with convenient washer and dryer nearby. A 2016 sunroom addition off the living area makes nature a part of the vision. The main floor master suite shows a large bath with double sinks, updated shower, Jacuzzi tub and walk-in closet. From the master, you will see amazing wildlife as you walk out to the back deck. The upper level shows a second master with full bath, updated shower and a private balcony overlooking the water. In addition, there are 2 spacious bedrooms and huge full bath with double sinks on the upper level. Off the third upper level bedroom is a huge walk-in storage room for all your year round needs. An outdoor storage area and shower make beach trips a breeze. With a new expanded gravel drive, there is space for all to park while planning time together. Updated HVAC, updated hot water heater, lighting, faucets and more, this is turnkey ready for you! Solar panels support all the electrical needs you will have in the home. Located in the sought after community of Salt Pond with boundless comforts including an indoor and outdoor pool, indoor spa, tennis, fitness center, golf course access, club house, kayak launch onto the Salt Pond, basketball, pickleball and tot lot, all for a VERY reasonable HOA fee. Excellent rental income record and AIR B-n-B! Come see us today!

Last Listed By

Brendan Crotty

Keller Williams Realty License #RS-0018499 Listed on: 11/03/2019

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,086

Year Built

  • Built in 1992 | Remodeled in 2016

Lot Details

  • 9,797 Sq Ft Lot
  • Waterfront
  • East Facing Home
  • Landscaped
  • Premium Lot
  • Level Lot
  • Open Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Back and Front Yard
  • Property is in very good condition

HOA Fees

  • $151 Monthly HOA Fees

Property Views

  • Pond
  • Golf Course
  • Woods

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2,111 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Vinyl Clad Windows
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Crawl Space
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 6 Open Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Solar Water Heater
  • Solar Heating System

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near a pond
  • Pond
  • Lake Privileges
  • Balcony
  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-13.00-1480.00

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, management, pool(s), recreation facility, reserve funds, snow removal, trash
  • Salt Pond Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,086

Year Built

Built in 1992 | Remodeled in 2016

Lot Details

0

HOA Fees

$151 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: metal wood holder, family room tv
  • Home Warranty: No
  • Inclusions: Furniture, art, lamps, home accessories,living room sectional
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1992
  • Year Renovated: 2016
  • Remarks Public: Investor Alert! Great new updates and price adjusted! Bring us an offer on this fabulous beach home on a stunning lot overlooking a pond with wooded views and is 1 mile to the beach! Only 2 miles to the heart of Bethany Beach where shopping, restaurants and the boardwalk await. Beautiful open floor plan shows a sunny living room and dining room with cathedral ceilings, huge windows, sky lights and cozy wood burning fireplace. The kitchen has fab updates to include new quartz countertops, stainless appliances, new flooring and a connecting study with convenient washer and dryer nearby. A 2016 sunroom addition off the living area makes nature a part of the vision. The main floor master suite shows a large bath with double sinks, updated shower, Jacuzzi tub and walk-in closet. From the master, you will see amazing wildlife as you walk out to the back deck. The upper level shows a second master with full bath, updated shower and a private balcony overlooking the water. In addition, there are 2 spacious bedrooms and huge full bath with double sinks on the upper level. Off the third upper level bedroom is a huge walk-in storage room for all your year round needs. An outdoor storage area and shower make beach trips a breeze. With a new expanded gravel drive, there is space for all to park while planning time together. Updated HVAC, updated hot water heater, lighting, faucets and more, this is turnkey ready for you! Solar panels support all the electrical needs you will have in the home. Located in the sought after community of Salt Pond with boundless comforts including an indoor and outdoor pool, indoor spa, tennis, fitness center, golf course access, club house, kayak launch onto the Salt Pond, basketball, pickleball and tot lot, all for a VERY reasonable HOA fee. Excellent rental income record and AIR B-n-B! Come see us today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Flat, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Skylight(s), Stall Shower, Upgraded Countertops, Walk-In Closet(s), Whirlpool/Hottub
  • Window Features: Screens, Skylights, Storm, Vinyl Clad
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Foundation Details: Crawl Space
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Den, Foyer, Sun/Florida Room, Bathroom 1, Bathroom 3, Attic, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor, Has Laundry, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2111
  • Living Area Sq Ft: 2111
  • Price Per Sq Ft: 250.59
  • Above Grade Finished Sq Ft: 2111
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 494

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Outside Shower, Secure Storage, Street Lights
  • Road Surface Type: Black Top
  • Spa: Yes
  • View: Pond, Trees/Woods, Water, Golf Course
  • Water Access Features: Fishing Allowed
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 6
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Underground
  • Heating Fuel: Electric, Solar
  • Heating Type: Zoned, Programmable Thermostat, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric, Solar
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Under Ground
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 1813.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, Heated, In Ground, Indoor

Fee Information

  • Capital Contribution Fee: 500.00

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 23000.00
  • Land Assessed Value: 6000.00
  • Lot Features: Backs To Trees, Front Yard, Landscaping, Partly Wooded, Pond, Premium, Rear Yard, Trees/Wooded, Level, Open
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9797.00
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5106755
  • School Tax: 957.00
  • Tax Annual Amount: 1086.00
  • Assessor Parcel Number: 134-13.00-1480.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 08/04/2020

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 3, 2019
Closed on
Aug 4, 2020
Sold by
Patricia V Hawsk Ret
Bought by
Nelson Michelle M
Seller's Agent
Brendan Crotty
Keller Williams Realty
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$529,000
Sold Price
$529,000
Total Days on Market
242
Current Estimated Value
$777,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,420
Avg. Annual Appreciation
8.35%
Original Mortgage
$299,000
Outstanding Balance
$268,199
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$509,221

Purchase Details

Closed on
Mar 1, 2013
Sold by
Hawks Patricia V
Bought by
Hawks Anthony W and Hawks Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.54%

Purchase Details

Closed on
Oct 16, 2012
Sold by
Hawks Anthony W and Hawks Patsy Vyner
Bought by
Hawks Patricia

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
Nelson Michelle M $529,000 None Available
Hawks Anthony W $462,000 --
Hawks Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Michelle M $299,000
Previous Owner Hawks Anthony W $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $529,000 0.0% $251 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
11/03/2019 11/03/19 For Sale $529,000 -- $251 / 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 $1,199 $29,000 $6,000 $23,000
2023 $1,198 $29,000 $6,000 $23,000
2022 $1,178 $29,000 $6,000 $23,000
2021 $1,120 $29,000 $6,000 $23,000
2020 $1,115 $29,000 $6,000 $23,000
2019 $1,110 $29,000 $6,000 $23,000
2018 $1,121 $29,000 $0 $0
2017 $1,130 $29,000 $0 $0
2016 $978 $28,400 $0 $0
2015 $1,007 $28,400 $0 $0
2014 -- $28,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU150972

Bright MLS

APN: 134-13.00-1480.00