NOT LISTED FOR SALE

533 Bethany Loop Bethany Beach, DE 19930

Estimated Value: $310,658 - $1,849,000

5 Beds
3.5 Baths
3,200 Sq Ft
$370/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $825,000 $258 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,942/month

1 Day on Market

Highlights

  • 1 Boat Dock
  • Golf Course Community
  • Water Access
  • Lord Baltimore Elementary School Rated A-
  • Home fronts navigable water
  • Fitness Center

About This Home

As of August 2019

Welcome to the waterfront "Dune Rose House" (De Duinroos) in The Salt Pond golf and residential community. Vacation in your back yard! Relax on the pond front decks and screened porch or take a kayak or boat ride from the dock onto the 90 acre Salt Pond. This waterfront compound offers 3200 sq.ft. of living along with lots of storage areas for summer toys. The sellers have especially enjoyed the views from the dining area and decks, dinners on the screened porch and the privacy of the home from the road. The yard is beautifully landscaped and naturalized so it is low maintenance yet fun for gardeners. The house is protected by storm shutters, room for 2 cars to park underneath, and an outside shower to get the beach sand off before going inside. The 5 bedrooms and 3.5 baths will accommodate family and friends. The lower level bedroom and bath is completely private from the rest of the home. The large foyer and bright living area with soaring ceilings welcome any visitor. Play a round of golf or spend a day at Bethany's beach and boardwalk. Quiet and very private setting is amazing. Homes on the Salt Pond do not come up often - don't miss this one!

Last Listed By

Joanne Young

Compass Listed on: 07/04/2019

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 1997

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 93.00 x 218.00
  • Home fronts navigable water
  • Landscaped
  • Property is in very good condition

HOA Fees

  • $134 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Pond Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near a pond
  • 1 Boat Dock
  • Private Dock
  • Pond
  • Lake Privileges
  • Deck
  • Screened Patio

Location

  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Indian River High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 138
  • Assessor Parcel Number 134-13.00-1445.00

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash
  • Salt Pond HOA, Phone Number (302) 539-1283
  • Salt Pond Subdivision

Amenities

  • Clubhouse
  • Community Center

Recreation

  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Shuffleboard Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,017

Year Built

Built in 1997

Lot Details

0

HOA Fees

$134 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: List of exclusions to be provided upon request
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-07-04
  • Federal Flood Zone: Yes
  • Year Built: 1997
  • Remarks Public: Welcome to the waterfront "Dune Rose House" (De Duinroos) in The Salt Pond golf and residential community. Vacation in your back yard! Relax on the pond front decks and screened porch or take a kayak or boat ride from the dock onto the 90 acre Salt Pond. This waterfront compound offers 3200 sq.ft. of living along with lots of storage areas for summer toys. The sellers have especially enjoyed the views from the dining area and decks, dinners on the screened porch and the privacy of the home from the road. The yard is beautifully landscaped and naturalized so it is low maintenance yet fun for gardeners. The house is protected by storm shutters, room for 2 cars to park underneath, and an outside shower to get the beach sand off before going inside. The 5 bedrooms and 3.5 baths will accommodate family and friends. The lower level bedroom and bath is completely private from the rest of the home. The large foyer and bright living area with soaring ceilings welcome any visitor. Play a round of golf or spend a day at Bethany's beach and boardwalk. Quiet and very private setting is amazing. Homes on the Salt Pond do not come up often - don't miss this one!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Washer, Water Heater - Tankless
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Walk-In Closet(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: Other
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 3200
  • Price Per Sq Ft: 257.81
  • Above Grade Finished Sq Ft: 3200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 533

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Pond
  • Water Access: Yes
  • Water Body Name: The Salt Pond
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Zoned
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 1613.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Cable, Club House, Community Center, Exercise Room, Golf Course, Golf Course Membership Available, Hot Tub, Pool - Indoor, Pool - Outdoor, Shuffleboard, Swimming Pool, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Name: SALT POND HOA
  • HOA Phone: 302-539-1283
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 500.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Features: Landscaping
  • Lot Size Acres: 0.47
  • Lot Dimensions: 93.00 x 218.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20273.00
  • Outdoor Living Structures: Deck(s), Screened
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: L
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5106717
  • School Tax: 1780.00
  • Tax Annual Amount: 2017.00
  • Assessor Parcel Number: 134-13.00-1445.00
  • Tax Lot: 138
  • Tax Total Finished Sq Ft: 344
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/29/2019

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2019
Closed on
Aug 29, 2019
Sold by
Peter A & H Vanderveen Ret
Bought by
Billings Daniel L and Billings Phyllis A
Seller's Agent
Joanne Young
Compass
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$825,000
Sold Price
$825,000
Total Days on Market
1
Current Estimated Value
$1,183,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,165
Avg. Annual Appreciation
8.48%
Original Mortgage
$660,000
Outstanding Balance
$585,491
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$730,842

Purchase Details

Closed on
May 18, 2018
Sold by
Vander-Veen Peter A and Vander-Veen Van Der-Veen
Bought by
Peter A & H Vanderveen Ret

Purchase Details

Closed on
Sep 29, 1995
Bought by
Vanderveen Peter and Vanderveen Hildegard

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
Billings Daniel L $825,000 --
Peter A & H Vanderveen Ret -- --
Vanderveen Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billings Daniel L $660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $825,000 0.0% $258 / Sq Ft
07/06/2019 07/06/19 Pending -- -- --
07/04/2019 07/04/19 For Sale $825,000 -- $258 / 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 $2,216 $53,350 $17,850 $35,500
2023 $2,214 $53,350 $17,850 $35,500
2022 $2,168 $53,350 $17,850 $35,500
2021 $2,103 $53,350 $17,850 $35,500
2020 $2,007 $53,350 $17,850 $35,500
2019 $2,022 $53,350 $17,850 $35,500
2018 $2,017 $53,350 $0 $0
2017 $2,034 $53,350 $0 $0
2016 $1,749 $52,050 $0 $0
2015 $1,802 $52,050 $0 $0
2014 $1,775 $52,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU143172

Bright MLS

APN: 134-13.00-1445.00