NOT LISTED FOR SALE

Estimated Value: $3,036,040 - $4,793,000

9 Beds
9.5 Baths
7,000 Sq Ft
$522/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $2,300,000 $329 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $19,743/month

25 Days on Market

Highlights

  • Ocean View
  • Beach
  • Water Oriented
  • Lord Baltimore Elementary School Rated A-
  • Private Beach
  • Gourmet Kitchen

About This Home

As of September 2020

Built in 2014 -Sought after Middlesex private beach-9BR 9.5BA home located one lot from the ocean with direct ocean views in private Community Middlesex Beach in Bethany Beach.The kitchen is a chef's dream-huge island, Bosch appliances, huge refrigerator, ice maker, wet bar,extra pantry, and totally equipped for your stay. Gorgeous Master suite on the top floor with a balcony & amazing bathroom. Custom kitchen tables -9x5 ft and 6x3 ft for all of your guests. A huge comfy couch & TV area overlooks the ocean. A wide deck with table & seating area with the best views in the neighborhood. Don't miss the widows walk deck with lounges that has unparalleled views. Of course an elevator is available for your convenience. The next floor below the top floor has a TV gathering room overlooking the ocean. There are 2 sets of washer/dryers for your convenience. This middle floor has a 2 bedrooms that share a bathroom. The remaining 5 bedrooms have their own bathroom. The rooms are spacious and beautifully decorated. The luxurious bathrooms are unbelievable! The lower floor has a huge TV gathering room with a sectional pull out bed. There is two full bathrooms with a bunk room. Also there is another washer and dryer set for all those towels! A huge ice machine for your coolers & of course an extra refrigerator. Outside there are two outdoor showers and a huge storage closet. Great entertainment spaces. Sleeps 22. There are 2 driveways with enough total parking for 15 cars. A Ping pong table , corn hole game and picnic table for more fun. The beach access is just a short walk. The private beach is second to none with award winning Lifeguards. You will not want to leave! Perfect location--walking distance to downtown Bethany with great restaurants and shopping. A PRIVATE BEACH!! No need to fight for a spot on the beach. STRONG RENTAL History. Buyer must honor 2020 rentals.

Last Agent to Sell the Property

Ann Raskauskas

(302) 245-2154 ann@bethanyarearealty.com BETHANY AREA REALTY LLC License #RB-0020092 Listed on: 07/18/2020

Last Buyer's Agent

Ann Raskauskas

(302) 245-2154 ann@bethanyarearealty.com BETHANY AREA REALTY LLC License #RB-0020092 Listed on: 07/18/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,483

Year Built

  • Built in 2017

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 120.00 x 60.00
  • Private Beach
  • East Facing Home
  • No Through Street
  • Corner Lot
  • Cleared Lot

HOA Fees

  • $204 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Aluminum Siding
  • Piling Construction

Interior Spaces

  • 7,000 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Ocean Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Double Oven
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 9 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Front Loading Dryer
  • Front Loading Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector
  • Flood Lights

Parking

  • Driveway
  • Off-Site Parking

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Balcony
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Grill
  • Wrap Around Porch

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Municipal Trash
  • No Septic System
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 9
  • Assessor Parcel Number 134-17.16-52.00

Community Details

Overview

  • Association fees include common area maintenance, security gate, snow removal, trash
  • Middlesex HOA
  • Middlesex Beach Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,483

Year Built

Built in 2017

Lot Details

0

HOA Fees

$204 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Reverse
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: Personal items and some artwork
  • Home Warranty: No
  • Inclusions: TO BE SOLD FULLY FURNISHED
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2017
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Wall, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Water Heater, Cooktop, Oven - Double
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Butlers Pantry, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Stall Shower, Store/Office, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Has Laundry, Lower Floor, Main Floor
  • Total Sq Ft: 7000
  • Living Area Sq Ft: 7000
  • Price Per Sq Ft: 385.71
  • Above Grade Finished Sq Ft: 7000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 9
  • Main Level Bedrooms: 9
  • Total Bathrooms: 10
  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Main Level Bathrooms: 10.00
  • Main Level Full Bathrooms: 9
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Bbq Grill, Exterior Lighting, Flood Lights, Outside Shower, Private Beach
  • View: Ocean
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Site

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate, Smoke Detector
  • Sewer/Septic System: No Septic System
  • Utilities: Cable Tv, Propane
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 2450.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Security Gate, Snow Removal, Trash
  • HOA Name: MIDDLESEX
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 81450.00
  • Land Assessed Value: 11150.00
  • Lot Features: Cleared, Corner, No Thru Street
  • Lot Size Acres: 0.16
  • Lot Dimensions: 120.00 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s), Porch(es), Roof, Screened, Wrap Around
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5117760
  • School Tax: 3071.00
  • Tax Annual Amount: 3483.00
  • Assessor Parcel Number: 134-17.16-52.00
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2020
Closed on
Sep 25, 2020
Sold by
Ja Llc
Bought by
Laz Llc
Seller's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
Buyer's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
List Price
$2,995,000
Sold Price
$2,300,000
Premium/Discount to List
-$695,000
-23.21%
Current Estimated Value
$3,655,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,355,347
Avg. Annual Appreciation
9.17%

Purchase Details

Closed on
May 5, 2017
Sold by
Kazemzadeh Ali and Kazemzadeh Jennifer A
Bought by
Ja Llc A Delaware Limited Liability Comp

Purchase Details

Closed on
May 16, 2011
Bought by
Kazemzadeh Ali and Kazemza Jennifer A

Purchase Details

Closed on
May 13, 2011
Bought by
Kazemzadeh Ali and Kazemza Jennifer A
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
Laz Llc $2,300,000 None Available
Ja Llc A Delaware Limited Liability Comp -- None Available
Kazemzadeh Ali $995,000 --
Kazemzadeh Ali $995,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $2,300,000 -14.8% $329 / Sq Ft
07/28/2020 07/28/20 Price Changed $2,700,000 -9.8% $386 / Sq Ft
07/18/2020 07/18/20 For Sale $2,995,000 -- $428 / 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 $5,112 $92,600 $11,150 $81,450
2024 $3,829 $92,600 $11,150 $81,450
2023 $3,825 $92,600 $11,150 $81,450
2022 $3,763 $92,600 $11,150 $81,450
2021 $3,650 $92,600 $11,150 $81,450
2020 $3,483 $92,600 $11,150 $81,450
2019 $3,468 $92,600 $11,150 $81,450
2018 $3,501 $92,600 $0 $0
2017 $3,530 $92,600 $0 $0
2016 $375 $11,150 $0 $0
2015 $386 $11,150 $0 $0
2014 $380 $11,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU164972

Bright MLS

APN: 134-17.16-52.00