NOT LISTED FOR SALE

12 Cleveland Ave Bethany Beach, DE 19930

Estimated Value: $602,000 - $1,100,000

3 Beds
2 Baths
1,150 Sq Ft
$713/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $480,000 $417 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,362/month

47 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Deck
  • Lord Baltimore Elementary School Rated A-
  • Coastal Architecture
  • Vaulted Ceiling

About This Home

As of March 2019

Relax and enjoy living at the beach in this three bedroom, two bath Coastal style home featuring open and bright floor plan with vaulted ceilings, great room with wood burning fireplace, kitchen with island and dining area, bamboo flooring, wrap around deck, ample storage space and outside shower. Located on a quiet street with nearby boating access and kayak launch. Just a short walk or bike ride to the beach. Being sold furnished with minimal exclusions. This home rented for $2450.00 per week during the peak season. The home has $30,000 per season rental income potential.

Last Agent to Sell the Property

Trevor Clark

1ST CHOICE PROPERTIES LLC License #RA-0020681 Listed on: 01/11/2019

Co-Listed By

ABBY CLARK

1ST CHOICE PROPERTIES LLC

Last Buyer's Agent

Ann Raskauskas

BETHANY AREA REALTY LLC License #RB-0020092

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1983

Lot Details

  • 4,796 Sq Ft Lot
  • Lot Dimensions are 96x50
  • West Facing Home
  • Cleared Lot

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding
  • Piling Construction

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Family Room Off Kitchen
  • Views of Woods
  • Attic Fan

Kitchen

  • Breakfast Room
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Deck
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 34
  • Assessor Parcel Number 134-17.19-261.00

Community Details

Overview

  • No Home Owners Association
  • Sandpiper Pines Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,292

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Remarks Public: Relax and enjoy living at the beach in this three bedroom, two bath Coastal style home featuring open and bright floor plan with vaulted ceilings, great room with wood burning fireplace, kitchen with island and dining area, bamboo flooring, wrap around deck, ample storage space and outside shower. Located on a quiet street with nearby boating access and kayak launch. Just a short walk or bike ride to the beach. Being sold furnished with minimal exclusions. This home rented for $2450.00 per week during the peak season. The home has $30,000 per season rental income potential.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Ceramic Tile, Laminated
  • Interior Amenities: Attic, Breakfast Area, Attic/House Fan, Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Stall Shower, Window Treatments
  • Window Features: Insulated, Screens, Double Pane
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings, Dry Wall, High
  • Foundation Details: Pilings
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Primary Bedroom, Bedroom 2, Kitchen, Family Room, Breakfast Room, Bedroom 1, Bathroom 1, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor, Common
  • Total Sq Ft: 1150
  • Living Area Sq Ft: 1150
  • Price Per Sq Ft: 421.74
  • Above Grade Finished Sq Ft: 1150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • Spa: No
  • View: Trees/Woods
  • 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
  • Parking Features: Under Home Parking
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • 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
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBEYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBEYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.14
  • Lot Dimensions: 96x50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4796.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Total Actual Rent: 30000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5118055
  • School Tax: 646.00
  • Tax Annual Amount: 1292.00
  • Assessor Parcel Number: 134-17.19-261.00
  • Tax Lot: 34
  • Tax Total Finished Sq Ft: 1150
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/08/2019

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Mar 8, 2019
Sold by
Whitlock Nelson P
Bought by
Knehr Charles D and Knehr Jody L
Seller's Agent
Trevor Clark
1ST CHOICE PROPERTIES LLC
Buyer's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Current Estimated Value
$784,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,219
Avg. Annual Appreciation
9.05%
Original Mortgage
$432,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2017
Closed on
Jul 28, 2017
Sold by
12 Cleveland Llc A Delaware Limited Liab
Bought by
Whitlock Nelson P
Seller's Agent
Kim Hook
RE/MAX Coastal
Buyer's Agent
Trevor Clark
1ST CHOICE PROPERTIES LLC
List Price
$469,000
Sold Price
$410,000
Premium/Discount to List
-$59,000
-12.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%

Purchase Details

Listed on
May 9, 2014
Closed on
Dec 31, 2014
Sold by
Henry C Henry C and Pniewski Diane L
Bought by
12 Cleveland Llc A Delaware Limited Liab
Seller's Agent
Rose Walker
Patterson-Schwartz-OceanView
Buyer's Agent
Rose Walker
Patterson-Schwartz-OceanView
List Price
$191,250
Sold Price
$191,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.54%
Source: Public Records

Range of Values:

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Average Value
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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
Knehr Charles D $480,000 --
Whitlock Nelson P $410,000 None Available
12 Cleveland Llc A Delaware Limited Liab -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knehr Charles D $431,500
Closed Knehr Charles D $432,000
Previous Owner Whitlock Nelson P $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $480,000 -1.0% $417 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $485,000 +18.3% $422 / Sq Ft
07/28/2017 07/28/17 Sold $410,000 -12.6% $357 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $469,000 +145.2% $408 / Sq Ft
01/02/2015 01/02/15 Sold $191,250 0.0% --
12/01/2014 12/01/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $191,250 -- --
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 $833 $19,350 $6,150 $13,200
2023 $832 $19,350 $6,150 $13,200
2022 $786 $19,350 $6,150 $13,200
2021 $763 $19,350 $6,150 $13,200
2020 $728 $19,350 $6,150 $13,200
2019 $725 $19,350 $6,150 $13,200
2018 $732 $19,350 $0 $0
2017 $738 $19,350 $0 $0
2016 $207 $6,150 $0 $0
2015 $213 $6,150 $0 $0
2014 $210 $6,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU129088

Bright MLS

APN: 134-17.19-261.00