NOT LISTED FOR SALE

119 Cedarwood St Bethany Beach, DE 19930

Estimated Value: $2,104,000 - $2,928,000

4 Beds
2.5 Baths
2,400 Sq Ft
$997/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $1,140,000 $475 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $13,162/month

374 Days on Market

Highlights

  • Coastal Architecture
  • Deck
  • Vaulted Ceiling
  • Lord Baltimore Elementary School Rated A-
  • Wood Burning Stove
  • Main Floor Bedroom

About This Home

As of March 2018

OCEAN BLOCK LOT - This ocean block lot offers a great deal more than other ocean block lots going for more than a million dollars. First, it entitles the owner to an option to join the Sea Colony Recreation Association with full access to all its events, its well guarded beaches, its 12 indoor and outdoor pools, 34 tennis courts and modern fitness center. Second, it comes with a completely furnished, well maintained, spacious 4/5 bedroom, 2 1/2 bath, three story home that sleeps 13 with great rental income potential. Walk to downtown Bethany, local restaurants and the boardwalk from this fantastic location.

Last Agent to Sell the Property

Kimberly Martin

(302) 539-2900 kim_martin@comcast.net Northrop Realty Listed on: 01/16/2017

Northrop Realty

Last Buyer's Agent

Kimberly Martin

(302) 539-2900 kim_martin@comcast.net Northrop Realty Listed on: 01/16/2017

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,141

Year Built

  • Built in 1972

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40' x 132'
  • Landscaped
  • Zoning described as AGRICULTURAL/RESIDENTIAL

HOA Fees

  • $32 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Living Room
  • Combination Kitchen and Dining Room
  • Loft
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Wrap Around Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • Sea Villa Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.08-111.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,141

Year Built

Built in 1972

Lot Details

5,227 Sq Ft Lot

HOA Fees

$32 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Oven - Self Cleaning, Range Hood, Washer, Water Heater
  • Flooring Type: Carpet, Tile/Brick, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Dining, Entry Level Bedroom, Ceiling Fan(s), Exposed Beams, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pillar/Post/Pier, Crawl Space
  • Level Count: 3
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Loft, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Net Sq Ft: 2400.00
  • Price Per Sq Ft: 483.33
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Wood Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • 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: 6
  • Parking Features: Gravel Driveway
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 385.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: Yes

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.12
  • Lot Dimensions: 40' x 132'
  • Lot Size Units: Acres
  • Lot Sq Ft: 5227.00
  • Outdoor Living Structures: Balcony, Deck(s), Wrap Around
  • Zoning Description: AGRICULTURAL/RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5117189
  • Tax Annual Amount: 2141.00
  • Assessor Parcel Number: 134-17.08-111.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2017
Closed on
Mar 23, 2018
Sold by
Cannon Andrew D
Bought by
Higgins Geraldine E
Seller's Agent
Kimberly Martin
Northrop Realty
Buyer's Agent
Kimberly Martin
Northrop Realty
List Price
$1,160,000
Sold Price
$1,140,000
Premium/Discount to List
-$20,000
-1.72%
Current Estimated Value
$2,391,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,251,947
Avg. Annual Appreciation
9.68%
Original Mortgage
$453,000
Outstanding Balance
$386,982
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,004,965

Purchase Details

Closed on
Dec 15, 1997
Bought by
Cannon Andrew D (Trustee) Mary Ellen Can
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
Higgins Geraldine E -- --
Higgins Geraldine E -- --
Cannon Andrew D -- --
Cannon Andrew D (Trustee) Mary Ellen Can $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannon Andrew D $453,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $1,140,000 -1.7% $475 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
01/16/2017 01/16/17 For Sale $1,160,000 -- $483 / 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 $4,191 $34,400 $12,000 $22,400
2024 $1,422 $34,400 $12,000 $22,400
2023 $1,421 $34,400 $12,000 $22,400
2022 $1,398 $34,400 $12,000 $22,400
2021 $1,356 $34,400 $12,000 $22,400
2020 $1,294 $34,400 $12,000 $22,400
2019 $1,288 $34,400 $12,000 $22,400
2018 $1,301 $34,400 $0 $0
2017 $1,311 $34,400 $0 $0
2016 $1,156 $34,400 $0 $0
2015 $1,191 $34,400 $0 $0
2014 $1,173 $34,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001024906

Bright MLS

APN: 134-17.08-111.00

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