NOT LISTED FOR SALE

541 Bethany Loop Bethany Beach, DE 19930

Estimated Value: $757,000 - $985,000

4 Beds
3.5 Baths
2,400 Sq Ft
$352/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $830,000 $346 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,014/month

Highlights

  • Fitness Center
  • Spa
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Clubhouse
  • Deck

About This Home

As of January 2024

Incredible new listing in Salt Pond!!

As locals well know, Salt Pond is one of the most desirable Bethany Beach communities. This four bedroom three and a half bath home is sure to meet the needs of anyone looking for a full-time home, luxurious beach getaway or rental property. Nestled on a charming, wooded lot in one of the most private settings in Salt Pond, this home has with an inviting front porch that beckons you to come sit and take in the peacefulness.

Inside, the main level leads with a light filled room that could be used as a formal dining room, home office or den. Beyond is the welcoming great room with cathedral ceilings and a breathtaking wall of double height windows that overlook a tranquil wooded setting. The living room, breakfast room and kitchen are all open with a three-sided gas fireplace making for wonderful flow for entertaining or hanging with family. The well-designed kitchen has quartz countertops, a built-in workspace, and generously sized pantry. Off the breakfast room are French doors leading to a charming window filled sunroom which opens onto a deck with hot tub and extraordinary backyard views. After a hard day relaxing at the beach, this is the perfect space to grill dinner and relax in the hot tub with a glass of wine. The main level primary suite is enormous and light-filled with high ceilings and a large ensuite bath with updated shower with custom tile work, double vanity and two separate walk-in closets. Also on the main level is a generously size laundry room with utility sink and storage closet, a half bath, and an oversized two-car garage with extensive storage solutions, perfect for storing all your beach toys.

Upstairs are three large bedrooms and full hall bath, as well as an additional bonus room with an ensuite bath. A perfect setup for both family and friends giving everyone his or her own space. The view from every window is beautiful trees making for the feeling of a cozy escape. For anyone hoping to begin their Delaware beach story, this home is a must see.


In addition to being less than a mile from the beach, the Salt Pond Community offers a mid-length, executive 18-hole golf course, a community recreational center, indoor and outdoor pools, tennis and pickleball courts, a children's play area, and many other amenities. Salt Pond is an easy walk to restaurants, the canal trail and town park in Ocean View, and much more. The community is composed of single-family homes and town homes all nestled in established, tree filled streets with wonderful walking and bike paths nearby. Many residents are full time while others maintain seasonal homes. Salt Pond is uniquely situated for Delaware beach lovers, as it is about midway between the resort communities of Rehoboth Beach, Delaware to the north and Ocean City, Maryland to the south.

Last Listed By

Paul Sicari

Compass License #659389 Listed on: 11/14/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,203

Year Built

  • Built in 1998

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 74.00 x 163.00
  • Backs to Trees or Woods
  • Property is zoned MR, Medium residential

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 7 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Porch

Schools

  • Lord Baltimore Elementary School
  • Sussex Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Propane Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 134-13.00-1468.00

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, management, pool(s), reserve funds, road maintenance, snow removal, trash
  • The Salt Pond Homeowners Association
  • Salt Pond Subdivision
  • Property Manager

Amenities

  • Clubhouse
  • Meeting Room

Recreation

  • Golf Course Membership Available
  • Community Basketball Court
  • Fitness Center
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,203

Year Built

Built in 1998

Lot Details

0

HOA Fees

$183 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Inclusions: Hot Tub, guest bedroom furniture, living room furniture.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Incredible new listing in Salt Pond!! As locals well know, Salt Pond is one of the most desirable Bethany Beach communities. This four bedroom three and a half bath home is sure to meet the needs of anyone looking for a full-time home, luxurious beach getaway or rental property. Nestled on a charming, wooded lot in one of the most private settings in Salt Pond, this home has with an inviting front porch that beckons you to come sit and take in the peacefulness. Inside, the main level leads with a light filled room that could be used as a formal dining room, home office or den. Beyond is the welcoming great room with cathedral ceilings and a breathtaking wall of double height windows that overlook a tranquil wooded setting. The living room, breakfast room and kitchen are all open with a three-sided gas fireplace making for wonderful flow for entertaining or hanging with family. The well-designed kitchen has quartz countertops, a built-in workspace, and generously sized pantry. Off the breakfast room are French doors leading to a charming window filled sunroom which opens onto a deck with hot tub and extraordinary backyard views. After a hard day relaxing at the beach, this is the perfect space to grill dinner and relax in the hot tub with a glass of wine. The main level primary suite is enormous and light-filled with high ceilings and a large ensuite bath with updated shower with custom tile work, double vanity and two separate walk-in closets. Also on the main level is a generously size laundry room with utility sink and storage closet, a half bath, and an oversized two-car garage with extensive storage solutions, perfect for storing all your beach toys. Upstairs are three large bedrooms and full hall bath, as well as an additional bonus room with an ensuite bath. A perfect setup for both family and friends giving everyone his or her own space. The view from every window is beautiful trees making for the feeling of a cozy escape. For anyone hoping to begin their Delaware beach story, this home is a must see. In addition to being less than a mile from the beach, the Salt Pond Community offers a mid-length, executive 18-hole golf course, a community recreational center, indoor and outdoor pools, tennis and pickleball courts, a children's play area, and many other amenities. Salt Pond is an easy walk to restaurants, the canal trail and town park in Ocean View, and much more. The community is composed of single-family homes and town homes all nestled in established, tree filled streets with wonderful walking and bike paths nearby. Many residents are full time while others maintain seasonal homes. Salt Pond is uniquely situated for Delaware beach lovers, as it is about midway between the resort communities of Rehoboth Beach, Delaware to the north and Ocean City, Maryland to the south.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Sun/Florida Room, Laundry, Bonus Room
  • Basement: No
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 354.17
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 541

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Hot Tub, Outside Shower
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 7

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Propane, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 2200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Exercise Room, Golf Course Membership Available, Meeting Room, Pool - Indoor, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Name: THE SALT POND HOMEOWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground, Indoor

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • High School: SUSSEX CENTRAL
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: LORD BALTIMORE
  • High School: SUSSEX CENTRAL

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.27
  • Lot Dimensions: 74.00 x 163.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Year Assessed: 2022
  • Zoning: MR
  • Zoning Description: Medium residential
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1071.00
  • Tax Annual Amount: 1203.00
  • Assessor Parcel Number: 134-13.00-1468.00
  • Tax Lot: 161
  • Tax Total Finished Sq Ft: 1184
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/09/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Jan 9, 2024
Sold by
Crown John and Crown Lisa M
Bought by
Lombardi Jane H and Lombardi Anthony H
Seller's Agent
Paul Sicari
Compass
Buyer's Agent
SARAH FRENCH
Long & Foster Real Estate, Inc.
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%
Total Days on Market
0
Views
17
Current Estimated Value
$844,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,436
Avg. Annual Appreciation
1.27%
Original Mortgage
$497,999
Outstanding Balance
$491,883
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$352,553

Purchase Details

Closed on
Sep 1, 2011
Bought by
Cowan John Lisa M Cowan

Purchase Details

Closed on
Aug 25, 2011
Bought by
Cowan John Lisa M Cowan

Range of Values:

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List Price
Sold Price
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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
Lombardi Jane H $830,000 None Listed On Document
Cowan John Lisa M Cowan $473,000 --
Cowan John Lisa M Cowan $473,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lombardi Jane H $497,999
Previous Owner Cowan John $545,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2024 01/09/24 Sold $830,000 -2.4% $346 / Sq Ft
11/14/2023 11/14/23 For Sale $850,000 -- $354 / 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 $1,248 $29,600 $6,000 $23,600
2023 $1,247 $29,600 $6,000 $23,600
2022 $1,227 $29,600 $6,000 $23,600
2021 $1,167 $29,600 $6,000 $23,600
2020 $1,113 $29,600 $6,000 $23,600
2019 $1,108 $29,600 $6,000 $23,600
2018 $1,119 $29,600 $0 $0
2017 $1,128 $29,600 $0 $0
2016 $994 $29,600 $0 $0
2015 $1,025 $29,600 $0 $0
2014 $1,010 $29,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2050652

Bright MLS

APN: 134-13.00-1468.00