$380,000
SOLD SEP 21, 2020

602 New Providence Rd Unit 18 Bethany Beach, DE 19930

3 Beds
2 Baths
1,600 Sq Ft
0.33 Acres

Recently Sold

$238 Per Sq Ft

1% Above List Price

4 Days on Market

Highlights

  • Panoramic View
  • Waterfront
  • Lake Privileges
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • Coastal Architecture

About This Home

As of October 2024

Simply charming pond front beach retreat located just a short bike ride to the beach. This 3 bedroom, 2 full bath home features an open floorplan with great natural lighting, beautiful wood flooring, and a gas fireplace. The master bedroom suite is on the first floor and upstairs is 2 additional spacious bedrooms with vaulted ceilings and a full bathroom. The cozy screened porch opens to a sun deck and downstairs there is waterfront oasis with a large deck overlooking a picturesque pond. An outside shower and large changing room make beach trips a breeze. A new roof was added in 2014 with solar panels which has allows you to live completely by the sun! The community of Bahamas Beach offers a kayak rack and launch area to the Assawoman canal and an adjacent boat ramp.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 08/18/2020

Long & Foster Real Estate, Inc.

Co-Listed By

Kiki Hargrove

Long & Foster Real Estate, Inc. License #RS-0020565

Last Buyer's Agent

Babs Morales

Berkshire Hathaway HomeServices PenFed Realty License #RS-0016340

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $854

Year Built

  • Built in 1993

Lot Details

  • 0.33 Acre Lot
  • Waterfront
  • Property is zoned HR-2

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Pond
  • Panoramic
  • Scenic Vista

Home Design

  • Coastal Architecture
  • Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near a pond
  • Pond
  • Lake Privileges
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, management, road maintenance, snow removal, trash
  • Bahamas Beach Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-44.00-18

Home Details

Home Type

Single Family

Est. Annual Taxes

$854

Year Built

Built in 1993

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Remarks Public: Simply charming pond front beach retreat located just a short bike ride to the beach. This 3 bedroom, 2 full bath home features an open floorplan with great natural lighting, beautiful wood flooring, and a gas fireplace. The master bedroom suite is on the first floor and upstairs is 2 additional spacious bedrooms with vaulted ceilings and a full bathroom. The cozy screened porch opens to a sun deck and downstairs there is waterfront oasis with a large deck overlooking a picturesque pond. An outside shower and large changing room make beach trips a breeze. A new roof was added in 2014 with solar panels which has allows you to live completely by the sun! The community of Bahamas Beach offers a kayak rack and launch area to the Assawoman canal and an adjacent boat ramp.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Eat-In, Pantry, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 234.38
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 602

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Exterior Features: Outside Shower
  • Roof: Metal
  • View: Pond, Panoramic, Scenic Vista, Water
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Road Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 22700.00
  • Land Assessed Value: 350.00
  • Land Use Code: RC
  • Lot Features: Pond
  • Lot Size Acres: 0.33
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14375.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Year Assessed: 2020
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 14000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5114541
  • School Tax: 753.00
  • Tax Annual Amount: 854.00
  • Assessor Parcel Number: 134-17.00-44.00-18
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/21/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Sep 28, 2024
Sold by
Sahakian Michael Chant and Sahakian Catherine Palandjian
Bought by
Schrier Jamey
Seller's Agent
Erik Brubaker
Keller Williams Realty
Buyer's Agent
Suzanne Macnab
RE/MAX Coastal
List Price
$599,900
Sold Price
$599,900
Views
168
Current Estimated Value
$614,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,447
Avg. Annual Appreciation
4.21%
Original Mortgage
$348,900
Outstanding Balance
$346,967
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$276,375

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 21, 2020
Sold by
Bruggman Thomas M
Bought by
Sahakian Michael C and Sahakian Catherine P
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Babs Morales
Berkshire Hathaway HomeServices PenFed Realty
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%

Purchase Details

Listed on
Mar 1, 2012
Closed on
Apr 18, 2012
Sold by
James R James R
Bought by
Bruggman Thoomas M
Seller's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
Buyer's Agent
JOSEPH KELLEHER
RE/MAX Realty Group Rehoboth
List Price
$319,000
Sold Price
$300,000
Premium/Discount to List
-$19,000
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $599,900 None Listed On Document
Deed $599,900 None Listed On Document
Warranty Deed $380,000 None Available
Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,900 New Conventional
Closed $348,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $599,900 0.0% $375 / Sq Ft
08/19/2024 08/19/24 For Sale $599,900 +57.9% $375 / Sq Ft
09/21/2020 09/21/20 Sold $380,000 +1.3% $238 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $375,000 +25.0% $234 / Sq Ft
04/19/2012 04/19/12 Sold $300,000 -6.0% --
03/05/2012 03/05/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $319,000 -- --
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 $953 $22,700 $0 $22,700
2023 $952 $22,700 $0 $22,700
2022 $937 $22,700 $0 $22,700
2021 $909 $22,700 $0 $22,700
2020 $867 $22,700 $0 $22,700
2019 $863 $22,700 $0 $22,700
2018 $872 $23,050 $0 $0
2017 $879 $23,050 $0 $0
2016 $774 $23,050 $0 $0
2015 $798 $23,050 $0 $0
2014 $786 $23,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU166866

Bright MLS

APN: 134-17.00-44.00-18