Seller's Agent in 2024
Paul Sicari
Compass
(202) 251-5566
49 in this area
167 Total Sales
603 Cape Eleuthra Rd Unit 72 Bethany Beach, DE 19930
Estimated Value: $496,000 - $859,000
3
Beds
2
Baths
1,620
Sq Ft
$389/Sq Ft
Est. Value
Highlights
- Backs to Trees or Woods
- Furnished
- Cottage
- Lord Baltimore Elementary School Rated A-
- Combination Kitchen and Living
- Eat-In Kitchen
About This Home
As of January 2024If you are looking to start your Bethany Beach story you need look no further than 603 Cape Eleuthera Road in the very desirable Bahamas Beach community. This 3 bed, 2 bath, Key West style home comes fully furnished with everything you need for a full time home, vacation getaway or investment property with reliable rental potential. Incredibly located less than 2 miles from Bethany Beach and South Bethany Beach, you are just a short walk or bike ride to toes in the sand. With only 74 homes, this community has the quintessential beach cottage feel with a distinctively Caribbean style. As you pull in the driveway you’ll find ample parking for guests and plenty of storage for your beach toys as well as a convenient outdoor shower. Upstairs you enter to a beautifully appointed screened porch, perfect for a leisurely morning coffee. The living room dining space and kitchen are all open with a gas fireplace and gorgeous and peaceful views of trees from every window. Off the kitchen is the sliding glass door to a wraparound deck that runs the span of the home and overlooks a serene wall of trees, making a great space for entertaining, grilling after a hard day at the beach, or just curling up with a book and a cocktail. Also on the main level is the huge main level primary bedroom with full bath and walk in closet, as well as a washer and dryer. Upstairs are two enormous bedrooms and a full bath with plenty of space for family and friends. There is a large locking owners closet which makes this home ready to rent from day one. Homes in this community can be highly successful short-term rental during beach season.
This home is located close to world class restaurants, shops, and all that beach life has to offer. Homes in this community sell quickly, so if you are looking to start your salt life, start here.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $967
Year Built
- Built in 1993
Lot Details
- Backs to Trees or Woods
- Property is zoned HR-2
HOA Fees
- $125 Monthly HOA Fees
Home Design
- Cottage
- Frame Construction
- Piling Construction
Interior Spaces
- 1,620 Sq Ft Home
- Property has 2 Levels
- Furnished
- Ceiling Fan
- Combination Kitchen and Living
- Eat-In Kitchen
- Laundry on main level
Bedrooms and Bathrooms
Parking
- 5 Parking Spaces
- 5 Driveway Spaces
- Gravel Driveway
Location
- Flood Risk
Schools
- Lord Baltimore Elementary School
- Sussex Central High School
Utilities
- Central Air
- Electric Baseboard Heater
- Electric Water Heater
- Phone Available
- Cable TV Available
Community Details
- Association fees include common area maintenance, snow removal
- Bahamas Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 134-17.00-44.00-72
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2023
Closed on
Jan 12, 2024
Sold by
Dietze Paul E and Dietze Cecelia M
Bought by
James R Graham Revocable Living Trust and Meesha B Graham Revocable Living Trust
Seller's Agent
Paul Sicari
Compass
Buyer's Agent
Paul Sicari
Compass
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%
Total Days on Market
23
Views
173
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,806
Avg. Annual Appreciation
14.23%
Original Mortgage
$420,000
Outstanding Balance
$414,205
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$216,601
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| James R Graham Revocable Living Trust | $525,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | James R Graham Revocable Living Trust | $420,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/12/2024 01/12/24 | Sold | $525,000 | -1.9% | $324 / Sq Ft |
| 11/10/2023 11/10/23 | For Sale | $535,000 | -- | $330 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $986 | $23,400 | $0 | $23,400 |
| 2023 | $981 | $23,400 | $0 | $23,400 |
| 2022 | $965 | $23,400 | $0 | $23,400 |
| 2021 | $936 | $23,400 | $0 | $23,400 |
| 2020 | $893 | $23,400 | $0 | $23,400 |
| 2019 | $889 | $23,400 | $0 | $23,400 |
| 2018 | $898 | $23,750 | $0 | $0 |
| 2017 | $905 | $23,750 | $0 | $0 |
| 2016 | $798 | $23,750 | $0 | $0 |
| 2015 | $822 | $23,750 | $0 | $0 |
| 2014 | $810 | $23,750 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Sicari
Map
Source: Bright MLS
MLS Number: DESU2051204
APN: 134-17.00-44.00-72
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