NOT LISTED FOR SALE

1004 S Ocean Dr Bethany Beach, DE 19930

Estimated Value: $1,799,000 - $3,677,000

4 Beds
2 Baths
1,600 Sq Ft
$1,792/Sq Ft Est. Value

Last Sold January 07, 2019

Last sale price $1,700,000 $1,062 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $15,421/month

448 Days on Market

Highlights

  • Ocean View
  • Home fronts navigable water
  • Deck
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Rambler Architecture

About This Home

As of January 2019

Priced for quick sale at just over the price of a vacant lot on the ocean. Rental Income exceeds $44K gross and with a little extra attention could potentially exceed $55K - $60K.

Last Agent to Sell the Property

Douglas Appling

(302) 539-0525 doug@sandcastlerealty.net SANDCASTLE REALTY INC License #RB-0001768 Listed on: 08/14/2017

Last Buyer's Agent

Marsha White

(302) 539-4013 Surfingbethany@aol.com Crowley Associates Realty License #RS-0017470

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,818

Year Built

  • Built in 1970

Lot Details

  • 436 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • Home fronts navigable water
  • Property is zoned MR, MEDIUM RESIDENTIAL

Home Design

  • Rambler Architecture
  • Metal Roof
  • Plywood Siding Panel T1-11
  • Piling Construction
  • Stick Built Home
  • Cedar

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Beamed Ceilings
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Ocean Views
  • Attic

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Deck

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Baseboard Heating
  • 220 Volts
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-20.08-234.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,818

Year Built

Built in 1970

Lot Details

436 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1970
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Attic, Combination Kitchen/Dining, Entry Level Bedroom, Ceiling Fan(s), Exposed Beams, Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Pilings
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Net Sq Ft: 1600.00
  • Price Per Sq Ft: 1093.75
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar, T-1-11
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Road Surface Type: Paved
  • Roof: Metal
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Stone Driveway
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Wall Unit
  • Electric Service: 200+ Amp Service, 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.01
  • Lot Dimensions: 50 x 130
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 436.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: MR
  • Zoning Description: MEDIUM RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Total Actual Rent: 57000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5119710
  • Tax Annual Amount: 1818.00
  • Assessor Parcel Number: 134-20.08-234.00
  • County Tax Payment Frequency: Annually

Multi Family

  • Federal Flood Zone: AE
  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Jan 4, 2019
Sold by
Crampton Jeffrey N
Bought by
Beutel Richard A and Beutel Carole W
Seller's Agent
Douglas Appling
SANDCASTLE REALTY INC
Buyer's Agent
Marsha White
Crowley Associates Realty
List Price
$1,750,000
Sold Price
$1,700,000
Premium/Discount to List
-$50,000
-2.86%
Current Estimated Value
$2,867,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,167,531
Avg. Annual Appreciation
7.63%
Original Mortgage
$650,000
Outstanding Balance
$572,637
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$2,294,894
Source: Public Records
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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
Beutel Richard A $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beutel Richard A $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2019 01/07/19 Sold $1,700,000 -2.9% $1,063 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $1,750,000 +2.9% $1,094 / Sq Ft
08/12/2018 08/12/18 Off Market $1,700,000 -- --
08/14/2017 08/14/17 For Sale $1,750,000 -- $1,094 / Sq Ft
Source: Bright MLS

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
2025 $7,781 $35,300 $19,200 $16,100
2024 $2,638 $35,300 $19,200 $16,100
2023 $2,635 $35,300 $19,200 $16,100
2022 $2,593 $35,300 $19,200 $16,100
2021 $2,515 $35,300 $19,200 $16,100
2020 $1,328 $35,300 $19,200 $16,100
2019 $1,322 $35,300 $19,200 $16,100
2018 $1,335 $35,300 $0 $0
2017 $1,346 $35,300 $0 $0
2016 $1,186 $35,300 $0 $0
2015 $1,222 $35,300 $0 $0
2014 $1,204 $35,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001568012

Bright MLS

APN: 134-20.08-234.00

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