NOT LISTED FOR SALE

9 Pelicans Way N Bethany Beach, DE 19930

Estimated Value: $975,215 - $2,708,000

6 Beds
5 Baths
-- Sq Ft
8,233 Sq Ft Lot

Last Sold October 05, 2012

Last sale price $1,450,000

Est. 45% increase in value since last sale

Current estimated payment $12,218/month

102 Days on Market

Highlights

  • Beach
  • Deck
  • Contemporary Architecture
  • Lord Baltimore Elementary School Rated A-
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of October 2012

Turnkey opportunity in the gated community of Pelican's Pouch. This 6 bedroom 5 bath home has an open floor plan and offers multiple decks with a screened porch for you to enjoy the beach life. The condition and location of this home has provided a strong rental history.

Last Agent to Sell the Property

Rupert Smith

VICKIE YORK AT THE BEACH REALTY Listed on: 06/04/2012

Last Buyer's Agent

Allen Jarmon

NextHome Tomorrow Realty License #RA-0002913

NextHome Tomorrow Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1994

Lot Details

  • Landscaped
  • Wooded Lot

HOA Fees

  • $188 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • Property has 3 Levels
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • 5 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Covered Parking
  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Grab Bars
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-09.00-932.00

Community Details

Overview

  • Pelicans Pouch Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,698

Year Built

Built in 1994

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Grab Bars Mod
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1994
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 9

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 5
  • Full Bathrooms: 5

Exterior Features

  • Construction Materials: Stick Built, Wood Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway
  • Garage Features: Covered Parking
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s), Zoned
  • Heating Type: Wood Burn Stove, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 929.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2259.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: Yes

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Features: Landscaping, Trees/Wooded
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es), Screened

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 66000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 134-09.00-932.00
  • County Tax Payment Frequency: Annually
  • Close Date: 10/05/2012

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2012
Closed on
Oct 9, 2012
Sold by
Martinez Herminia S and Aguilar Mario A
Bought by
Dion Mark M and Dion Stacey A
Seller's Agent
Rupert Smith
VICKIE YORK AT THE BEACH REALTY
Buyer's Agent
Allen Jarmon
NextHome Tomorrow Realty
List Price
$1,450,000
Sold Price
$1,450,000
Total Days on Market
102
Current Estimated Value
$2,103,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,072
Avg. Annual Appreciation
3.20%
Original Mortgage
$10,000,000
Outstanding Balance
$7,066,317
Interest Rate
3.57%
Estimated Equity
-$4,905,969

Purchase Details

Listed on
Jun 4, 2012
Closed on
Oct 4, 2012
Sold by
Martinez Herminia S and Aguilar Mario A
Bought by
Dion Mark M and Dion Stacey A
Seller's Agent
Rupert Smith
VICKIE YORK AT THE BEACH REALTY
Buyer's Agent
Allen Jarmon
NextHome Tomorrow Realty
List Price
$1,450,000
Sold Price
$1,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Outstanding Balance
$7,066,317
Interest Rate
3.57%
Estimated Equity
-$4,905,969
Source: Public Records

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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
Dion Mark M $1,450,000 --
Dion Mark M $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dion Mark M $10,000,000
Closed Dion Mark M $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2012 10/05/12 Sold $1,450,000 0.0% --
09/14/2012 09/14/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $1,450,000 -- --
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 $2,698 $65,250 $17,450 $47,800
2023 $2,695 $65,250 $17,450 $47,800
2022 $2,651 $65,250 $17,450 $47,800
2021 $2,572 $65,250 $17,450 $47,800
2020 $2,454 $65,250 $17,450 $47,800
2019 $2,443 $65,250 $17,450 $47,800
2018 $2,467 $65,250 $0 $0
2017 $2,488 $65,250 $0 $0
2016 $2,192 $65,250 $0 $0
2015 $2,260 $65,250 $0 $0
2014 $2,226 $65,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000966638

Bright MLS

APN: 134-09.00-932.00