NOT LISTED FOR SALE

113 Parkwood St Bethany Beach, DE 19930

Estimated Value: $1,984,000 - $2,178,406

4 Beds
2.5 Baths
2,175 Sq Ft
$972/Sq Ft Est. Value

Last Sold September 23, 2019

Last sale price $1,450,000 $667 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $11,617/month

2 Days on Market

Highlights

  • Guest House
  • Building is oceanfront but unit may not have water views
  • Wood Flooring
  • Lord Baltimore Elementary School Rated A-
  • Coastal Architecture
  • Main Floor Bedroom

About This Home

As of September 2019

Rare Opportunity: In Town Bethany Beach Cottage on a lot and a half - 60' x 125'. Located just 6 lots off the ocean, this quintessential cedar shake beach cottage offers 4 bedrooms with 2.5 baths. The first floor features: a living room with wood burning fireplace - four sets of french doors join the living room with several adjacent seating areas, a newer kitchen with large island and walls of cabinetry, and a large dining area able to accommodate a farm table. The owner s bedroom, a full bath and stacked washer/dryer are also on the first floor. The second floor has three bedrooms and one full bath and a half bath. Walls of windows, solid wood doors, traditional woodwork and trim, and solid oak tongue and groove hardwood are some of this home s best features. A large back screened porch and outside shower are just off the kitchen. A small cottage found at the back of the property contains a half bath and living area as well as enclosed storage for toys and such that make beach and water living fine. Ample parking is available on the side driveway. You re just half a block to the beach and boardwalk and 2 blocks to downtown Bethany Beach for dining, entertainment and shopping - what could be better?

Last Agent to Sell the Property

KAREN SERGISON

Keller Williams Realty Listed on: 07/20/2019

Last Buyer's Agent

Melissa Nalewaik

Keller Williams Realty License #RA-0003262

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,066

Year Built

  • Built in 1955

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 60.00 x 125.00
  • Building is oceanfront but unit may not have water views

Home Design

  • Coastal Architecture
  • Cottage
  • Stick Built Home
  • Cedar

Interior Spaces

  • 2,175 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Brick Fireplace
  • Sitting Room
  • Combination Dining and Living Room
  • Crawl Space
  • Storm Doors

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Water Heater

Additional Features

  • Guest House
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 134-13.20-132.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,066

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage, Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Artwork and a few small pieces of furniture; contents of closets
  • Home Warranty: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-07-20
  • Federal Flood Zone: Yes
  • Year Built: 1955
  • Remarks Public: Rare Opportunity: In Town Bethany Beach Cottage on a lot and a half - 60' x 125'. Located just 6 lots off the ocean, this quintessential cedar shake beach cottage offers 4 bedrooms with 2.5 baths. The first floor features: a living room with wood burning fireplace - four sets of french doors join the living room with several adjacent seating areas, a newer kitchen with large island and walls of cabinetry, and a large dining area able to accommodate a farm table. The owner s bedroom, a full bath and stacked washer/dryer are also on the first floor. The second floor has three bedrooms and one full bath and a half bath. Walls of windows, solid wood doors, traditional woodwork and trim, and solid oak tongue and groove hardwood are some of this home s best features. A large back screened porch and outside shower are just off the kitchen. A small cottage found at the back of the property contains a half bath and living area as well as enclosed storage for toys and such that make beach and water living fine. Ample parking is available on the side driveway. You re just half a block to the beach and boardwalk and 2 blocks to downtown Bethany Beach for dining, entertainment and shopping - what could be better?
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Kitchen - Island, Primary Bath(s), Recessed Lighting, Wood Floors
  • Fireplace Features: Brick, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Sitting Room, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2175
  • Living Area Sq Ft: 2175
  • Price Per Sq Ft: 655.17
  • Above Grade Finished Sq Ft: 2175
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 113

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Guest House
  • Construction Materials: Stick Built, Cedar
  • Exterior Features: Outbuilding(s), Outside Shower
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • 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

  • Land Use Code: RS
  • Lot Size Acres: 0.17
  • Lot Dimensions: 60.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7501.00
  • Outdoor Living Structures: Porch(es), Screened
  • Year Assessed: 2018
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5109733
  • School Tax: 1158.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3065.73
  • Assessor Parcel Number: 134-13.20-132.00
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 09/23/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2019
Closed on
Sep 23, 2019
Sold by
Tanguay Donna M
Bought by
Flynn Craig P and Flynn Katherine G
Seller's Agent
KAREN SERGISON
Keller Williams Realty
Buyer's Agent
Melissa Nalewaik
Keller Williams Realty
List Price
$1,425,000
Sold Price
$1,450,000
Premium/Discount to List
$25,000
1.75%
Current Estimated Value
$2,113,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,852
Avg. Annual Appreciation
5.22%
Original Mortgage
$725,000
Outstanding Balance
$642,091
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$1,320,009
Source: Public Records

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
Flynn Craig P $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynn Craig P $725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2019 09/23/19 Sold $1,450,000 +1.8% $667 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
07/20/2019 07/20/19 For Sale $1,425,000 -- $655 / Sq Ft
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 $1,451 $34,700 $18,000 $16,700
2023 $1,450 $34,700 $18,000 $16,700
2022 $1,410 $34,700 $18,000 $16,700
2021 $1,368 $34,700 $18,000 $16,700
2020 $1,305 $34,700 $18,000 $16,700
2019 $1,311 $34,700 $18,000 $16,700
2018 $1,312 $34,700 $0 $0
2017 $935 $34,700 $0 $0
2016 $724 $34,700 $0 $0
2015 $741 $34,700 $0 $0
2014 $722 $34,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU143858

Bright MLS

APN: 134-13.20-132.00