NOT LISTED FOR SALE

502 Bethany Loop Bethany Beach, DE 19930

Estimated Value: $855,000 - $1,045,441

3 Beds
3.5 Baths
3,200 Sq Ft
$299/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $570,000 $178 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,624/month

Highlights

  • On Golf Course
  • Golf Club
  • Second Kitchen
  • Lord Baltimore Elementary School Rated A-
  • Fitness Center
  • Lake View

About This Home

As of May 2014

Cottage Tour 2012. Hidden waterfront oasis! Southern low country style home w/outdoor areas for entertaining & many interior custom finishes. Offers LR/DR, gourmet kit, FR, luxurious master, guest suite, loft/4thBR & more. Elegant & impressive! $5,000 flooring allowance. Still available for showings

Last Listed By

VICKIE YORK

VICKIE YORK AT THE BEACH REALTY Listed on: 04/03/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,703

Year Built

  • Built in 1997

Lot Details

  • 10,019 Sq Ft Lot
  • Waterfront
  • On Golf Course
  • Partially Fenced Property
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $126 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • Stick Built Home
  • Stucco

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 3 Levels
  • Inverted Floor Plan
  • Partially Furnished
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Family Room
  • Combination Kitchen and Living
  • Sitting Room
  • Dining Room
  • Den
  • Loft
  • Sun or Florida Room
  • Storage Room
  • Storm Doors
  • Attic

Kitchen

  • Second Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Down Draft Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near a pond
  • Lake Privileges
  • Deck
  • Patio

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-13.00-1476.00

Community Details

Overview

  • Salt Pond Subdivision

Amenities

  • Community Center

Recreation

  • Golf Club
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Indoor Pool
  • Putting Green
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,703

Year Built

Built in 1997

Lot Details

0

HOA Fees

$126 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Inverted Floorplan
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1997
  • Remarks Public: Cottage Tour 2012. Hidden waterfront oasis! Southern low country style home w/outdoor areas for entertaining & many interior custom finishes. Offers LR/DR, gourmet kit, FR, luxurious master, guest suite, loft/4thBR & more. Elegant & impressive! $5,000 flooring allowance. Still available for showings
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Cooktop - Down Draft, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Oven/Range - Gas, Oven - Self Cleaning, Range Hood, Washer, Water Heater
  • Flooring Type: Tile/Brick, Hardwood, Laminated
  • Interior Amenities: Attic, Kitchen - Island, Combination Kitchen/Living, Pantry, 2nd Kitchen, Entry Level Bedroom, Skylight(s), Window Treatments
  • Window Features: Insulated
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 13
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen, Family Room, Den, Sun/Florida Room, Laundry, Loft, Storage Room, Additional Bedroom
  • Basement: Yes
  • Basement Type: Outside Entrance, Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 3200
  • Net Sq Ft: 3200.00
  • Price Per Sq Ft: 187.47
  • Above Grade Finished Sq Ft: 3200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Concrete, Stucco
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Roof: Architectural Shingle
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway, Under Home Parking
  • Garage Features: Garage Door Opener

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s), Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Wood Burn Stove, Propane, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 750.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1510.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Community Center, Fitness Center, Golf Club, Jog/Walk Path, Tennis Courts, Swimming Pool, Pool - Outdoor, Putting Green, Water/Lake Privileges
  • HOA: Yes
  • Community Pool Features: Indoor

Schools

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

Lot Info

  • Fencing: Partially
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.23
  • Lot Size Units: Acres
  • Outdoor Living Structures: Deck(s), Patio(s)

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5106750
  • Assessor Parcel Number: 134-13.00-1476.00
  • County Tax Payment Frequency: Annually
  • Close Date: 05/16/2014

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2014
Closed on
May 16, 2014
Sold by
Paul Paul and Zarycki Karen J
Bought by
Dormer Charles and Dormer Patricia
Seller's Agent
VICKIE YORK
VICKIE YORK AT THE BEACH REALTY
Buyer's Agent
Colleen Windrow
Keller Williams Realty
List Price
$599,900
Sold Price
$570,000
Premium/Discount to List
-$29,900
-4.98%
Total Days on Market
0
Current Estimated Value
$956,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,860
Avg. Annual Appreciation
5.09%
Original Mortgage
$39,000
Interest Rate
4.26%
Mortgage Type
Credit Line Revolving

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
Dormer Charles $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dormer Aptricia $380,000
Closed Dormer Charles $39,000
Closed Dormer Charles $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2014 05/16/14 Sold $570,000 -5.0% $178 / Sq Ft
04/03/2014 04/03/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $599,900 -- $187 / 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 $1,703 $40,600 $6,000 $34,600
2023 $1,701 $40,600 $6,000 $34,600
2022 $1,674 $40,600 $6,000 $34,600
2021 $1,600 $40,600 $6,000 $34,600
2020 $1,527 $40,600 $6,000 $34,600
2019 $1,520 $40,600 $6,000 $34,600
2018 $1,535 $40,600 $0 $0
2017 $1,548 $40,600 $0 $0
2016 $1,364 $40,600 $0 $0
2015 $1,406 $40,600 $0 $0
2014 $1,385 $40,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000981384

Bright MLS

APN: 134-13.00-1476.00