113 Tern Dr Bethany Beach, DE 19930
Estimated Value: $1,806,903 - $2,248,000
5
Beds
3.5
Baths
3,600
Sq Ft
$561/Sq Ft
Est. Value
Highlights
- 190 Feet of Waterfront
- 1 Boat Dock
- Open Floorplan
- Lord Baltimore Elementary School Rated A-
- Access to Tidal Water
- Canal View
About This Home
As of July 2020This exceptional property is situated just over 1 block from the beach on an oversized 7,475 SF lot at the corner of two canals with190 feet of canal frontage, and dock for the boat enthusiast. The lot, beautifully landscaped with colorful gardens and irrigated lawn, is about 50% oversized at 7,475 SF and located on a cul-de-sac in a quiet neighborhood with no above-ground utilities. Sold fully furnished & turn-key, the custom and meticulously maintained home, built by R.A. Bunting Co., provides a generous 3,600 SF of living space, an open main-level floor plan and water views from most rooms. The main level features a large dining area and white kitchen with island, a huge family room with gas fireplace, a screened porch, a master bedroom with walk-in closet and private bathroom, a den, and laundry facilities. The upper level includes a second master bedroom, three additional bedrooms, two bathrooms, large closets, a covered porch and open deck for elevated, outdoor enjoyment with family and friends. The lower level includes a heated/cooled entry foyer and large 350 SF storage room. Outside, there are 2 showers for beachgoers, a double carport for 2 cars, driveway parking space for 4 additional cars, and a large covered patio area for outdoor relaxation and dining with a separate gas line for grilling. This stunning property also features hardwood floors, ceramic-tiled bathrooms, Andersen windows & doors, a central vacuum, and all-new Carrier two-zone HVAC. It is offered at $1.29M with the lot alone valued at slightly over $725K based on the sale of a 10,750 SF vacant corner lot just 3 blocks down the same canal for $1.1M (MLS #1001576698). With the lot value alone being at least $727K, that calculates our list price for the 3,600 SF immaculate home to be just $563K making for an incredible buy! This is truly a phenomenal value!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,554
Year Built
- Built in 2001
Lot Details
- 7,475 Sq Ft Lot
- 190 Feet of Waterfront
- Home fronts navigable water
- Home fronts a canal
- Cul-De-Sac
- East Facing Home
- Landscaped
- No Through Street
- Corner Lot
- Irregular Lot
- Sprinkler System
- Back, Front, and Side Yard
- Property is in very good condition
- Property is zoned 364
Home Design
- Coastal Architecture
- Contemporary Architecture
- Frame Construction
- Architectural Shingle Roof
- Piling Construction
Interior Spaces
- 3,600 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Central Vacuum
- Furnished
- Built-In Features
- Ceiling Fan
- Recessed Lighting
- Fireplace With Glass Doors
- Gas Fireplace
- Double Pane Windows
- Insulated Windows
- Window Treatments
- Palladian Windows
- Sliding Windows
- Casement Windows
- Window Screens
- Entrance Foyer
- Living Room
- Dining Room
- Den
- Screened Porch
- Storage Room
- Canal Views
- Flood Lights
- Attic
Kitchen
- Built-In Self-Cleaning Oven
- Cooktop
- Built-In Microwave
- Extra Refrigerator or Freezer
- Dishwasher
- Kitchen Island
- Upgraded Countertops
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Attached Carport Spaces
- Private Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Outdoor Shower
- Access to Tidal Water
- Canoe or Kayak Water Access
- Private Water Access
- Property is near a canal
- Bulkhead
- 1 Boat Dock
- Private Dock
- Dock Against Bulkhead
- Powered Boats Permitted
- Deck
- Patio
- Exterior Lighting
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Heating System Powered By Leased Propane
- Vented Exhaust Fan
- Propane
- Private Water Source
- Water Heater
- Municipal Trash
Additional Features
- Energy-Efficient Windows
- Flood Risk
Community Details
- No Home Owners Association
- Built by RA Bunting Co.
- Tern Landing Subdivision
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 134-20.08-264.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 30, 2019
Closed on
Jul 15, 2020
Sold by
Elrod Bryant D and Elrod Olivia A
Bought by
Barger Gregory W and Barger Wendy H
Seller's Agent
Kimberly Martin
Northrop Realty
Buyer's Agent
Russell Stucki
RE/MAX Realty Group Rehoboth
List Price
$1,290,000
Sold Price
$1,275,000
Premium/Discount to List
-$15,000
-1.16%
Total Days on Market
222
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
$744,476
Avg. Annual Appreciation
9.44%
Original Mortgage
$975,000
Outstanding Balance
$874,141
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,105,943
Purchase Details
Listed on
Oct 30, 2019
Closed on
May 16, 2020
Sold by
Olivia A Elrod T
Bought by
Elrod Bryant D and Elrod Olivia A
Seller's Agent
Kimberly Martin
Northrop Realty
Buyer's Agent
Russell Stucki
RE/MAX Realty Group Rehoboth
List Price
$1,290,000
Sold Price
$1,275,000
Premium/Discount to List
-$15,000
-1.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$874,141
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,105,943
Purchase Details
Closed on
Oct 19, 2012
Sold by
Elrod Brant D and Elrod Olivia A
Bought by
Elrod Olivia A and Elrod Bryant D
Similar Homes in Bethany Beach, DE
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 |
|---|---|---|---|
| Barger Gregory W | $1,275,000 | None Available | |
| Elrod Bryant D | -- | None Available | |
| Elrod Olivia A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barger Gregory W | $975,000 | |
| Previous Owner | Elrod Bryant D | $510,000 | |
| Previous Owner | Elrod Olivia A | $235,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2020 07/15/20 | Sold | $1,275,000 | -1.2% | $354 / Sq Ft |
| 06/08/2020 06/08/20 | Pending | -- | -- | -- |
| 06/03/2020 06/03/20 | For Sale | $1,290,000 | +1.2% | $358 / Sq Ft |
| 03/23/2020 03/23/20 | Off Market | $1,275,000 | -- | -- |
| 03/10/2020 03/10/20 | Pending | -- | -- | -- |
| 02/07/2020 02/07/20 | For Sale | $1,290,000 | +1.2% | $358 / Sq Ft |
| 12/11/2019 12/11/19 | Off Market | $1,275,000 | -- | -- |
| 10/30/2019 10/30/19 | For Sale | $1,290,000 | -- | $358 / 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 | $1,716 | $41,500 | $7,200 | $34,300 |
| 2023 | $1,714 | $41,500 | $7,200 | $34,300 |
| 2022 | $1,686 | $41,500 | $7,200 | $34,300 |
| 2021 | $1,636 | $41,500 | $7,200 | $34,300 |
| 2020 | $1,585 | $41,500 | $7,200 | $34,300 |
| 2019 | $1,578 | $41,500 | $7,200 | $34,300 |
| 2018 | $1,593 | $41,500 | $0 | $0 |
| 2017 | $1,606 | $41,500 | $0 | $0 |
| 2016 | $1,418 | $41,500 | $0 | $0 |
| 2015 | $1,461 | $41,500 | $0 | $0 |
| 2014 | $1,439 | $41,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Martin
Seller's Agent in 2020
Kimberly Martin
Creig Northrop Team of Long & Foster
(302) 381-5258
2 in this area
31 Total Sales
-
Russell Stucki
Buyer's Agent in 2020
Russell Stucki
RE/MAX
(302) 228-7871
8 in this area
104 Total Sales
Map
Source: Bright MLS
MLS Number: DESU150504
APN: 134-20.08-264.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 10 S 4th St
- 318 York Rd
- 316 York Rd
- 706 S Ocean Dr
- 10 N 2nd St
- 34884 Alda Ln
- 113 Henlopen Dr
- 145 Petherton Dr
- 163 Petherton Dr
- 309 W 7th St
- 125 Evergreen Rd
- 406 Periwinkle Rd
- 413 Periwinkle Rd
- 5 Bridge Rd
- 18 Short Rd
- 5 Bayberry Rd
- 33597 Center Ct Unit 1205
- 602 Harbour House Rd
- 911 Harbour House Unit 911
- 39601 Round Robin Way Unit 2302