NOT LISTED FOR SALE

523 Spinnaker Ct Bethany Beach, DE 19930

Estimated Value: $578,278 - $847,000

3 Beds
2.5 Baths
1,500 Sq Ft
$435/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $400,000 $267 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,824/month

100 Days on Market

Highlights

  • Beach
  • Pier or Dock
  • Open Floorplan
  • Lord Baltimore Elementary School Rated A-
  • Gourmet Country Kitchen
  • Lake Privileges

About This Home

As of July 2020

An extensively remodeled coastal designer showcase is exquisite! Located in a small enclave of townhomes on the Bethany Loop Canal. This impressive home is amazing the moment you step out of the car with the lovely vegetation that is beautiful in the summertime surrounding the front porch. Entering the home, you find an updated powder room, a large pantry with an adorable screen door and then you walk into an open living/dining/kitchen area, an elegant living room with wood burning fireplace for those cool evenings, upgraded gourmet kitchen with lovely cabinetry plus an inviting screened porch that will be perfect for causal dining or relaxing with a good book on a rainy day. Upstairs, you will discover 2 guest bedrooms, a beautiful recently remodeled bathroom with cool lighting and a walk-in tiled shower and the master ensuite with a remodeled bathroom with new lighting, tile and more, $80,000 plus in upgrades. Outside you will note an outdoor shower to use after a long day at the beach or the community pool or paddle boarding. Community features sidewalks, community lighting, pier for crabbing and kayak/canoe storage, pool and tennis. You will love living in-town and enjoying the marvelous restaurants, great shopping, free summer entertainment on the boardwalk, lovely, clean beaches, summer trolley transportation and Oceanside parking permits (where allowed) and the new park that will be ready by early summer. This one is a must see!!!

Last Agent to Sell the Property

VICKIE YORK

vickie@bethanysbest.com VICKIE YORK AT THE BEACH REALTY Listed on: 03/01/2020

Last Buyer's Agent

VICKIE BINSTED

(302) 537-9700 vickieb@bethanysbest.com BETHANY AREA REALTY LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,592

Year Built

  • Built in 1987

HOA Fees

  • $378 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Asphalt Roof
  • Piling Construction
  • Stick Built Home
  • Cedar

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Combination Dining and Living Room
  • Stacked Washer and Dryer
  • Attic

Kitchen

  • Gourmet Country Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Home Security

Parking

  • Lighted Parking
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Outdoor Shower
  • Lake Privileges
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • Property is in very good condition
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-13.19-45.00-2A

Community Details

Overview

  • Association fees include common area maintenance, insurance
  • Built by Wilgus
  • Stewards Watch Subdivision

Recreation

  • Pier or Dock
  • Beach
  • Tennis Courts
  • Community Pool with Domestic Water

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,592

Year Built

Built in 1987

Lot Details

0 Sq Ft Lot

HOA Fees

$378 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Inclusions: Partially furnished. See attached list.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Icemaker, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater, Stainless Steel Appliances
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Built-Ins, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Kitchen - Country, Kitchen - Gourmet, Skylight(s), Stall Shower, Upgraded Countertops, Window Treatments, Pantry, Primary Bath(s), Walk-In Closet(s)
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pilings, Pillar/Post/Pier
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 279.93
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar, Frame, Stick Built
  • Exterior Features: Outside Shower, Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Lighted Parking
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 1135.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Pier/Dock, Swimming Pool, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Domestic Water

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Screened, Porch(es)
  • Property Condition: Very Good
  • Zoning: TN
  • In City Limits: Yes

Building Info

  • Builder Name: Wilgus

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10185457
  • Tax Annual Amount: 1592.00
  • Assessor Parcel Number: 134-13.19-45.00-2A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2020
Closed on
Jul 27, 2020
Sold by
Tomlinson Denise
Bought by
Kratzert Andrea
Seller's Agent
VICKIE YORK
VICKIE YORK AT THE BEACH REALTY
Buyer's Agent
VICKIE BINSTED
BETHANY AREA REALTY LLC
List Price
$409,900
Sold Price
$400,000
Premium/Discount to List
-$9,900
-2.42%
Current Estimated Value
$652,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,070
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
Feb 28, 2002
Bought by
Tomlinson Denise
Source: Public Records
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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
Kratzert Andrea $400,000 None Available
Tomlinson Denise $224,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2020 07/27/20 Sold $400,000 -4.7% $267 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
03/03/2020 03/03/20 Price Changed $419,900 +2.4% $280 / Sq Ft
03/01/2020 03/01/20 For Sale $409,900 -- $273 / 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 $1,082 $20,400 $0 $20,400
2024 $922 $20,400 $0 $20,400
2023 $921 $20,400 $0 $20,400
2022 $906 $20,400 $0 $20,400
2021 $870 $20,400 $0 $20,400
2020 $839 $20,400 $0 $20,400
2019 $835 $20,400 $0 $20,400
2018 $843 $22,300 $0 $0
2017 $850 $22,300 $0 $0
2016 $749 $22,300 $0 $0
2015 $772 $22,300 $0 $0
2014 $761 $22,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU157112

Bright MLS

APN: 134-13.19-45.00-2A

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