Seller's Agent in 2019
Thomas Schoenbeck
Keller Williams Realty
(302) 632-7407
2 in this area
25 Total Sales
501 Fairway Dr Bethany Beach, DE 19930
Estimated Value: $884,000 - $1,630,000
4
Beds
2
Baths
1,400
Sq Ft
$972/Sq Ft
Est. Value
Highlights
- Coastal Architecture
- Traditional Floor Plan
- Community Pool
- Lord Baltimore Elementary School Rated A-
- Main Floor Bedroom
- Tennis Courts
About This Home
As of June 2019You know you've been searching for a beach area home for a long time, but don't want to break the bank. Well here's your opportunity. This is a 4 bedroom, 2 bath beach home in superb condition! This beauty has been meticulously maintained and was renovated in 2007. This home has approximately 1400 square foot with a large 3-season room with ceiling fans, and open beam ceiling and neutral beach tones for added summertime enjoyment. There are two entry level bedrooms and two bedrooms on the second level with a bath on each floor. The kitchen with a full appliance package has lovely granite counters, eat-at kitchen bar, tiled flooring, upgraded cabinets with designer nautical drawer pulls and slider drawers for easy food prep and storage convenience. The dining area is large enough for your guests and the three-season room can be used for all the overflow company you'll be sure to have. The laundry room with a stack system is conveniently located on the first level. The yard is fenced, the side deck gets plenty of sunshine, and there are two rear storage sheds for all your yard gear. For your convenience, there is a nice outdoor shower with a seat so you can spritz off after returning from the beach to keep the sand from your toes outside. The architectural roof was installed in 2010 so no need to worry. The taxes are low, about $1300 a year including the county and township of Bethany, the HOA is low, $600 a year and no land lease. Your new home is located close enough to the ocean you'll be able to catch a whiff of suntan lotion and hear the familiar summertime 'flip-flop' sound as your friends and neighbors walk to one of the most sought after beaches on the east coast, only 8/10 of a mile. If you're not a walking type, take the beach shuttle, or better still, there are two outdoor pools in your community, one right outside your back door. Your new community also offers, tennis and sporting courts, and a playground. If you're the investor type, this could be a golden opportunity for you. There's enough space in this home for several summertime vacationers. Now, is this living the lifestyle you've always imagined? In a word... yes it is!
Last Agent to Sell the Property
(302) 360-0300 DelHomeFinder@gmail.com Keller Williams Realty License #5001521 Listed on: 03/13/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,330
Year Built
- Built in 1980
Lot Details
- 7,728 Sq Ft Lot
- Lot Dimensions are 161.00 x 48.00
- Extensive Hardscape
- Property is in very good condition
HOA Fees
- $50 Monthly HOA Fees
Home Design
- Coastal Architecture
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 1,400 Sq Ft Home
- Property has 2 Levels
- Traditional Floor Plan
- Ceiling Fan
- Skylights
- Vinyl Clad Windows
- Window Treatments
- Insulated Doors
- Family Room Off Kitchen
- Combination Dining and Living Room
- Crawl Space
Kitchen
- Galley Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Self-Cleaning Oven
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile or Brick
Bedrooms and Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Stone Driveway
Outdoor Features
- Outdoor Shower
- Exterior Lighting
- Outbuilding
Location
- Flood Risk
Utilities
- Central Heating and Cooling System
- Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number 134-13.19-21.00
Community Details
Overview
- Association fees include common area maintenance, management, road maintenance
- Bethany West Subdivision
Amenities
- Common Area
Recreation
- Tennis Courts
- Community Basketball Court
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2019
Closed on
Jun 28, 2019
Sold by
Reeves Allen T
Bought by
Brown Stephen and Brown Elizabeth
Seller's Agent
Thomas Schoenbeck
Keller Williams Realty
Buyer's Agent
Nancy Rhodes
RE/MAX Coastal
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
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
$985,249
Avg. Annual Appreciation
21.42%
Original Mortgage
$300,000
Outstanding Balance
$263,258
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,096,991
Purchase Details
Closed on
Jun 18, 2010
Bought by
Reeves Allen T
Purchase Details
Closed on
Jun 4, 2010
Bought by
Reeves Allen T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brown Stephen | $375,000 | -- | |
| Reeves Allen T | -- | -- | |
| Reeves Allen T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brown Stephen | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/28/2019 06/28/19 | Sold | $375,000 | -6.0% | $268 / Sq Ft |
| 05/28/2019 05/28/19 | Pending | -- | -- | -- |
| 05/07/2019 05/07/19 | For Sale | $399,000 | 0.0% | $285 / Sq Ft |
| 04/23/2019 04/23/19 | Pending | -- | -- | -- |
| 03/13/2019 03/13/19 | For Sale | $399,000 | -- | $285 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2025 | $3,035 | $18,000 | $3,750 | $14,250 |
| 2024 | $1,970 | $18,000 | $3,750 | $14,250 |
| 2023 | $1,968 | $18,000 | $3,750 | $14,250 |
| 2022 | $731 | $18,000 | $3,750 | $14,250 |
| 2021 | $710 | $18,000 | $3,750 | $14,250 |
| 2020 | $677 | $18,000 | $3,750 | $14,250 |
| 2019 | $674 | $18,000 | $3,750 | $14,250 |
| 2018 | $681 | $18,000 | $0 | $0 |
| 2017 | $686 | $18,000 | $0 | $0 |
| 2016 | $605 | $18,000 | $0 | $0 |
| 2015 | $635 | $18,000 | $0 | $0 |
| 2014 | $626 | $18,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Schoenbeck
-
N
Buyer's Agent in 2019
Nancy Rhodes
RE/MAX
Map
Source: Bright MLS
MLS Number: DESU133974
APN: 134-13.19-21.00
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