NOT LISTED FOR SALE

119 Oakwood St Bethany Beach, DE 19930

Estimated Value: $1,697,000 - $2,005,000

6 Beds
3.5 Baths
2,700 Sq Ft
$696/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $1,650,000 $611 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,928/month

124 Days on Market

Highlights

  • Building is oceanfront but unit may not have water views
  • Open Floorplan
  • Deck
  • Lord Baltimore Elementary School Rated A-
  • Coastal Architecture
  • 1 Fireplace

About This Home

As of April 2023

Oceanblock home just steps to the shoreline, this classic cottage combines original coastal charm with added size for comfortable gatherings at the beach. The desirable open floorplan features a window lined great room that opens to a spacious deck creating the ideal layout for entertaining. A second living room displays the original character with a crisp white brick fireplace (with an electric insert) and opens to an enclosed front porch. One bedroom, a full bath and powder room are also on the first floor. Upstairs, you will find five additional bedrooms and plus a sitting room that is equipped with a wet bar and sliding glass doors that lead to a balcony, creating the perfect setting for evening cocktails or morning coffee. Although this property is not currently a rental, it would make a strong investment property. Positioned just steps to the sand and surf and a short walk to downtown restaurants, boutique shops, and boardwalk, leave your car in the driveway and enjoy everything that the quaint town of Bethany Beach has to offer.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 10/18/2022

Long & Foster Real Estate, Inc.

Co-Listed By

Christi Arndt

Long & Foster Real Estate, Inc. License #RS-0023120

Last Buyer's Agent

Dennis Mather

Long & Foster Real Estate, Inc. License #RS-0020611

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,046

Year Built

  • Built in 1952 | Remodeled in 1993

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 125.00
  • Building is oceanfront but unit may not have water views
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Block Foundation
  • Frame Construction
  • Stick Built Home

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Soaking Tub

Laundry

  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 134-17.08-47.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,046

Year Built

Built in 1952 | Remodeled in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1952
  • Year Renovated: 1993
  • Automatically Close On Close Date: No
  • Remarks Public: Oceanblock home just steps to the shoreline, this classic cottage combines original coastal charm with added size for comfortable gatherings at the beach. The desirable open floorplan features a window lined great room that opens to a spacious deck creating the ideal layout for entertaining. A second living room displays the original character with a crisp white brick fireplace (with an electric insert) and opens to an enclosed front porch. One bedroom, a full bath and powder room are also on the first floor. Upstairs, you will find five additional bedrooms and plus a sitting room that is equipped with a wet bar and sliding glass doors that lead to a balcony, creating the perfect setting for evening cocktails or morning coffee. Although this property is not currently a rental, it would make a strong investment property. Positioned just steps to the sand and surf and a short walk to downtown restaurants, boutique shops, and boardwalk, leave your car in the driveway and enjoy everything that the quaint town of Bethany Beach has to offer.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Extra Refrigerator/Freezer
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Soaking Tub, Wet/Dry Bar
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 627.78
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 119

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Exterior Features: Outside Shower
  • Road Surface Type: Paved
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 2
  • Off Street Parking Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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

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: 999
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Deck(s), Porch(es), Enclosed, Balcony
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5117361
  • School Tax: 1120.00
  • Tax Annual Amount: 3046.00
  • Assessor Parcel Number: 134-17.08-47.01
  • Tax Lot: 19
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/04/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Apr 4, 2023
Sold by
Everly Cindy S
Bought by
Gastner Russell T and Gastner Daniela M
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Dennis Mather
Long & Foster Real Estate, Inc.
List Price
$1,695,000
Sold Price
$1,650,000
Premium/Discount to List
-$45,000
-2.65%
Views
170
Current Estimated Value
$1,802,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,450
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
Apr 12, 2003
Bought by
Karras George T
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Gastner Russell T $1,650,000 --
Karras George T $900,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $1,650,000 -2.7% $611 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $1,695,000 +2.7% $628 / Sq Ft
12/22/2022 12/22/22 Off Market $1,650,000 -- --
11/15/2022 11/15/22 Price Changed $1,695,000 -5.6% $628 / Sq Ft
10/18/2022 10/18/22 For Sale $1,795,000 -- $665 / 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 $1,280 $30,950 $12,000 $18,950
2023 $1,278 $30,950 $12,000 $18,950
2022 $1,258 $30,950 $12,000 $18,950
2021 $1,220 $30,950 $12,000 $18,950
2020 $1,164 $30,950 $12,000 $18,950
2019 $1,159 $30,950 $12,000 $18,950
2018 $1,170 $30,950 $0 $0
2017 $1,180 $30,950 $0 $0
2016 $1,035 $30,800 $0 $0
2015 $1,067 $30,800 $0 $0
2014 $601 $30,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2031020

Bright MLS

APN: 134-17.08-47.01