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Sussex 19930
31702 S OCEAN WAY
$3,395,000
● House - Off Market

31702 S OCEAN WAY

NORTH BETHANY, DE 19930
bedrooms
4 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
2,800 Ft²
$20,278
Est. Monthly
$2,625
HOA / Fees
-0.04%
Cap Rate

About This Property

Meticulously maintained seaside retreat, just one home off the oceanfront in a prestigious North Bethany gated community with a lifeguarded private beach and tennis.  This charming coastal style home has an inverted floorplan, bringing the light-filled great room to the top floor to maximize views of the ocean while spending quality time with loved ones.  Enjoy the quiet morning sunrise while listening to the waves crash from one of two oceanside decks on this level.  Also on the top floor is a spacious primary bedroom with en-suite bathroom. A balcony on the west side of the home is conveniently located just off the kitchen for grilling.  One floor below, a second living room with beautiful wood ceilings and a fireplace opens to a delightful, screened porch and spacious deck.  You will find 3 additional bedrooms, two more full bathrooms, a powder room plus laundry on this level.  An over-sized garage with a second refrigerator and separate utility room on the ground level provide ample storage space for all your beach necessities and the outdoor shower and additional powder room on this level make coming and going from the beach a breeze! The current footprint of the home is able to be expanded or this spacious lot can easily support a sizeable newly-built home,  the possibilities are endless! Seabreak is highly sought after for its wide pristine beach and close proximity to downtown Bethany's shops and restaurants.
Unit Size
2,800 Ft²
Days on Market
3 days
Land Size
0.18 acres
Price per sqft
$1,284
Property Type
House
Property Taxes
$167
HOA Dues
$2,625
Year Built
1991

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Last updated: 3 years ago (Bright MLS #DESU2064612)

Price History

Date / Event Date Event Price
Aug 8, 2024 Sold
Sold
Jul 22, 2024 In contract -
In contract
Jun 21, 2024 Listed by Long & Foster Real Estate, Inc. $3,595,000
Listed by Long & Foster Real Estate, Inc.
May 22, 2000 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 946
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,240
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,224
  • Gross Building Area: 3,144
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEABREAK
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: RS
  • Legal Description 1: SEABREAK LOT 18

Neighborhood

  • School District Name: Indian River School District
  • School Tax School District: INDIAN RIVER SD
  • Census Tract: 051202

Zoning

  • Zoning: MR

Geography

  • District: INDIAN RIVER
  • Parcel: 134-13.00-1117.00
  • Lot: 18
  • Municipality: FENWICK BETHANY EAST OF CANAL
  • Latitude: 38.5514
  • Longitude: -75.0578

    Address

  • Full Address: 31702 S Ocean Way
  • Address - House Number: 31702
  • Street Direction: S
  • Address - Street Name: Ocean
  • Address - Suffix Type: Way
  • State: DE
  • City Name: Bethany Beach
  • Carrier Code: R301
  • 4-Digit Zip Code: 3401
  • Zip Code: 19930

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $202,725

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 68
  • Final Value: 1,155,520
  • High Value: 1,418,241
  • Low Value: 892,800

    Market Valuation

  • Market Total Value: $97,000
  • Market Land Value: $25,600
  • Market Improvement Value: $71,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,500
  • Assessed Land Value: $12,800
  • Assessed Improvements Value: $35,700

    Sales

  • Current Sale Recording Date: May 22, 2000
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sussex


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Nearby Rentals

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Unit for rent at 34278 Gooseberry Avenue, OCEAN VIEW, DE, 19970

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Unit for rent at 38356 Old Mill Way, OCEAN VIEW, DE, 19970

$2,600 /mo

  • 3 Beds
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38356 Old Mill Way #45, OCEAN VIEW, DE, 19970 Listing by KIM DERRICKSON


Frequently Asked Questions

When was property at 31702 South Ocean Way built and last sold?
The property at 31702 South Ocean Way was built in 1991 and last sold on Jan 1, 1970 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 31702 South Ocean Way is $0.
What are some comparable homes to 31702 South Ocean Way?
There are currently no comparable homes to 31702 South Ocean Way.