NOT LISTED FOR SALE

523B Spinnaker Ct Bethany Beach, DE 19930

Estimated Value: $582,883 - $771,000

3 Beds
2.5 Baths
1,500 Sq Ft
$449/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $409,000 $273 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,954/month

4 Days on Market

Highlights

  • Pier or Dock
  • Water Access
  • Lake Privileges
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • Coastal Architecture

About This Home

As of October 2020

WELCOME to 523 B Spinnaker Court. This Casual but elegant beach retreat is nestled in the Town of Bethany where you have easy access to the beach, shopping and restaurants...all year long! This 3 BR, 2.5BA features an upgraded interior with hardwood floors throughout the first level including staircase to second level. The kitchen has quartz counter tops, beautiful wood cabinetry and stainless steel appliances. The living room is spacious and inviting and includes a fireplace for those cool fall evenings. Most importantly is the screen porch area that adds the perfect entertaining spot! This will be ideal for a crab feast or break open that novel as you relax on the couch. The added touches throughout this home make it top of the line with a coastal feel. The community offers; pool, tennis, pier/dock for launching a canoe or kayak or just relaxing while strolling through the quiet streets of Stewards Watch.

Last Agent to Sell the Property

Kathy Goodman

(302) 245-4096 kathygoodman@remax.net RE/MAX Coastal License #RS-0012034 Listed on: 07/24/2020

RE/MAX Coastal

Last Buyer's Agent

Nicole Harrell

(302) 539-2900 Nicole@allisonstine.com Northrop Realty License #RS-0023314

Northrop Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,630

Year Built

  • Built in 1987

Lot Details

  • Landscaped
  • Property is in very good condition

HOA Fees

  • $378 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Bump-Outs
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Stacked Washer and Dryer

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Outdoor Features

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

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-13.19-45.00-3A

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pier/dock maintenance, road maintenance, snow removal, trash
  • Stewards Watch Subdivision
  • Property Manager

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,630

Year Built

Built in 1987

Lot Details

0

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
  • Exclusions: Personal Items of Seller's in closets and drawers. Knick Knacks on tables, dressers etc. Personal Photos with frames, white wicker table on screen porch. Some games and books in 1st level closet. Items in cupboard above refrigerator and in pantry cupboard
  • Inclusions: Sold Furnished *Kayak is available for purchase separately.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Galley, Kitchen - Island, Recessed Lighting, Skylight(s), Upgraded Countertops, Window Treatments
  • Fireplace Features: Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pillar/Post/Pier
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 272.67
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame
  • Exterior Features: Bbq Grill, Bump-Outs, Outside Shower, Secure Storage, Tennis Court(s)
  • Roof: Architectural Shingle
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, 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: Pier/Dock, Pool - Outdoor, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pier/Dock Maintenance, Road Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 500.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Landscaping
  • Lot Dimensions: 0 x 0
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s), Screened
  • Property Condition: Very Good
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 1630.00
  • Assessor Parcel Number: 134-13.19-45.00-3A
  • 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
Jul 24, 2020
Closed on
Oct 2, 2020
Sold by
Mastandrea Andrew A and Mastandrea Dorothy H
Bought by
Mastropolo Anne
Seller's Agent
Kathy Goodman
RE/MAX Coastal
Buyer's Agent
Nicole Harrell
Northrop Realty
List Price
$409,000
Sold Price
$409,000
Current Estimated Value
$673,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,221
Avg. Annual Appreciation
9.86%

Purchase Details

Listed on
May 20, 2016
Closed on
Aug 9, 2016
Sold by
Potts Ramsay D and Potts Susan K
Bought by
Mastandrea Andrew A and Mastandrea Dorothy H
Seller's Agent
VICKIE YORK
VICKIE YORK AT THE BEACH REALTY
Buyer's Agent
Kathy Goodman
RE/MAX Coastal
List Price
$379,900
Sold Price
$365,000
Premium/Discount to List
-$14,900
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%

Purchase Details

Closed on
Dec 15, 2011
Sold by
Donald M Donald M and Bailey Beverly S
Bought by
Potts Ramsey D and Potts Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
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
Mastropolo Anne $409,000 None Available
Mastandrea Andrew A $365,000 None Available
Potts Ramsey D $299,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potts Ramsey D $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2020 10/02/20 Sold $409,000 0.0% $273 / Sq Ft
09/02/2020 09/02/20 For Sale $409,000 0.0% $273 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $409,000 +12.1% $273 / Sq Ft
08/04/2016 08/04/16 Sold $365,000 -3.9% $243 / Sq Ft View Prior Sale
05/31/2016 05/31/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $379,900 -- $253 / 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
2025 $1,082 $20,850 $0 $20,850
2024 $941 $20,850 $0 $20,850
2023 $940 $20,850 $0 $20,850
2022 $924 $20,850 $0 $20,850
2021 $897 $20,850 $0 $20,850
2020 $856 $20,850 $0 $20,850
2019 $852 $20,850 $0 $20,850
2018 $860 $22,750 $0 $0
2017 $867 $22,750 $0 $0
2016 $764 $22,750 $0 $0
2015 $788 $22,750 $0 $0
2014 $776 $22,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU165348

Bright MLS

APN: 134-13.19-45.00-3A