501 Burningtree Ct Bethany Beach, DE 19930
Estimated Value: $748,000 - $852,000
4
Beds
2
Baths
1,408
Sq Ft
$575/Sq Ft
Est. Value
Highlights
- Fitness Center
- Open Floorplan
- Vaulted Ceiling
- Lord Baltimore Elementary School Rated A-
- Coastal Architecture
- Wood Flooring
About This Home
As of March 2023Delightful coastal retreat within walking distance to the beach and downtown Bethany! This immaculate Windjammer style home offers an open floorplan featuring a bright and airy great room with vaulted ceilings, exposed wood beams, hardwood floors and opens to a large 3 season sunroom. The kitchen has been beautifully updated with crisp white cabinetry, tiled backsplash, granite countertops, stainless steel appliances, and a large center island with seating. The storage shed will hold all of your beach chairs and an outdoor shower makes cleanup a breeze. Offered fully furnished, this home is ready to be enjoyed or could be an incredible investment opportunity as a rental property. Situated on a corner lot in Bethany West, a sought after community offering many amenities including 2 pools, 8 tennis courts, a fitness center and access to the canal for kayaking or stand up paddle boarding. When spending the day on the beach, ride the trolley or use your Town of Bethany parking permits to park downtown.
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 01/10/2023
Last Buyer's Agent
Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 01/10/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,647
Year Built
- Built in 1975
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 89.00 x 82.00
- Corner Lot
- Property is zoned TN
HOA Fees
- $50 Monthly HOA Fees
Home Design
- Coastal Architecture
- Frame Construction
- Stick Built Home
Interior Spaces
- 1,408 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Beamed Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Window Treatments
- Family Room Off Kitchen
- Crawl Space
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Outdoor Features
- Outdoor Shower
- Enclosed patio or porch
- Outdoor Storage
Location
- Flood Risk
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 9
- Assessor Parcel Number 134-13.19-150.00
Community Details
Overview
- Association fees include common area maintenance, management, pool(s)
- Bethany West Subdivision
Amenities
- Community Center
Recreation
- Tennis Courts
- Community Basketball Court
- Community Playground
- Fitness Center
- Lap or Exercise Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2023
Closed on
Mar 30, 2023
Sold by
Ohopp Michael
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$775,000
Sold Price
$760,000
Premium/Discount to List
-$15,000
-1.94%
Total Days on Market
42
Views
187
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,346
Avg. Annual Appreciation
2.94%
Original Mortgage
$570,000
Outstanding Balance
$556,388
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$252,958
Purchase Details
Listed on
Oct 22, 2021
Closed on
Jan 3, 2022
Sold by
Robert Mcculley
Bought by
Ohopp Michael and Ohopp Priscilla Dea
Seller's Agent
Walter Taraila
Keller Williams Realty
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$595,000
Sold Price
$685,500
Premium/Discount to List
$90,500
15.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$480,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2012
Sold by
Irvin E Irvin E and Goshell Mary G
Bought by
Mcculley Robert and Mcculley Jean
Purchase Details
Closed on
Jan 13, 2012
Sold by
Irvin E Irvin E and Goshell Mary G
Bought by
Mcculley Robert and Mcculley Jean
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | $760,000 | -- | |
| Ohopp Michael | $685,500 | Parsons & Robinson Pa | |
| Mcculley Robert | -- | -- | |
| Mcculley Robert | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcnamee James Edward | $570,000 | |
| Previous Owner | Ohopp Michael | $480,000 | |
| Previous Owner | Mcculley Robert | $131,000 | |
| Previous Owner | Mcculley Robert | $155,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2023 03/30/23 | Sold | $760,000 | -1.9% | $540 / Sq Ft |
| 02/21/2023 02/21/23 | Pending | -- | -- | -- |
| 01/10/2023 01/10/23 | For Sale | $775,000 | +13.1% | $550 / Sq Ft |
| 01/19/2022 01/19/22 | Sold | $685,500 | +15.2% | $487 / Sq Ft |
| 10/22/2021 10/22/21 | For Sale | $595,000 | -- | $423 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $715 | $17,300 | $4,500 | $12,800 |
| 2023 | $715 | $17,300 | $4,500 | $12,800 |
| 2022 | $703 | $17,300 | $4,500 | $12,800 |
| 2021 | $682 | $17,300 | $4,500 | $12,800 |
| 2020 | $651 | $17,300 | $4,500 | $12,800 |
| 2019 | $648 | $17,300 | $4,500 | $12,800 |
| 2018 | $654 | $17,300 | $0 | $0 |
| 2017 | $660 | $17,300 | $0 | $0 |
| 2016 | $581 | $17,300 | $0 | $0 |
| 2015 | $599 | $17,300 | $0 | $0 |
| 2014 | $590 | $17,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Leslie Kopp
Seller's Agent in 2023
Leslie Kopp
Long & Foster
(302) 542-3917
410 in this area
779 Total Sales
-
Christi Arndt
Seller Co-Listing Agent in 2023
Christi Arndt
Long & Foster
(302) 245-5223
81 in this area
128 Total Sales
-
Chris Housman
C
Buyer Co-Listing Agent in 2023
Chris Housman
Long & Foster
(302) 853-0192
38 in this area
97 Total Sales
-
Walter Taraila
Seller's Agent in 2022
Walter Taraila
Keller Williams Realty
(410) 726-2454
1 in this area
96 Total Sales
-
Rich Meadows
Seller Co-Listing Agent in 2022
Rich Meadows
Compass
(240) 499-6532
5 in this area
40 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2034066
APN: 134-13.19-150.00
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