NOT LISTED FOR SALE

1200 S Ocean Dr Bethany Beach, DE 19930

Estimated Value: $2,095,000 - $2,954,000

4 Beds
4.5 Baths
2,600 Sq Ft
$931/Sq Ft Est. Value

Last Sold January 15, 2018

Last sale price $1,362,500 $524 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $13,262/month

211 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Deck
  • Lord Baltimore Elementary School Rated A-
  • Coastal Architecture
  • Wood Burning Stove

About This Home

As of January 2018

Relax and Enjoy the view! Oceanfront home features 4 Bedrooms, and 4 1/2 Baths, spacious floor plan, fireplace in living room and master BR, open kitchen, oceanfront decks, and many built in custom features. Great location to use for personal use or as a rental property. Property Being Sold As Is.

Last Agent to Sell the Property

RICK EVANS

Long & Foster Real Estate, Inc. License #RS-0007505 Listed on: 05/05/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Eric Green

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,590

Year Built

  • Built in 1982

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Waterfront
  • Zoning described as GENERAL RESIDENTIAL

Home Design

  • Coastal Architecture
  • Shingle Roof
  • Asphalt Roof
  • Piling Construction
  • Stick Built Home
  • Cedar

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Carpet
  • Ocean Views
  • Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Gravel Driveway
  • Dirt Driveway

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Deck

Utilities

  • Forced Air Heating System
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 134-20.12-45.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,590

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Year Built: 1982
  • Remarks Public: Relax and Enjoy the view! Oceanfront home features 4 Bedrooms, and 4 1/2 Baths, spacious floor plan, fireplace in living room and master BR, open kitchen, oceanfront decks, and many built in custom features. Great location to use for personal use or as a rental property. Property Being Sold As Is.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop
  • Flooring Type: Carpet
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Net Sq Ft: 2600.00
  • Price Per Sq Ft: 644.23
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1200

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Dirt Driveway, Gravel Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Wood Burn Stove, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 6500
  • Lot Dimensions: 50x130
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6500.00
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5120011
  • Tax Annual Amount: 2590.00
  • Assessor Parcel Number: 134-20.12-45.01
  • County Tax Payment Frequency: Annually
  • Close Date: 01/15/2018

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2017
Closed on
Jan 19, 2018
Sold by
Laxalt Mchelle D
Bought by
Hugel William M and Hugel Anna
Seller's Agent
RICK EVANS
Long & Foster Real Estate, Inc.
Buyer's Agent
Eric Green
Coldwell Banker Realty
List Price
$1,675,000
Sold Price
$1,362,500
Premium/Discount to List
-$312,500
-18.66%
Current Estimated Value
$2,421,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,059,201
Avg. Annual Appreciation
6.38%

Purchase Details

Listed on
May 5, 2017
Closed on
Jan 11, 2018
Sold by
Laxalt Mchelle D
Bought by
Hugel William M and Hugel Anna
Seller's Agent
RICK EVANS
Long & Foster Real Estate, Inc.
Buyer's Agent
Eric Green
Coldwell Banker Realty
List Price
$1,675,000
Sold Price
$1,362,500
Premium/Discount to List
-$312,500
-18.66%

Purchase Details

Closed on
May 30, 1995
Bought by
Laxalt Michelle D
Source: Public Records

Range of Values:

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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
Hugel William M $1,362,500 --
Hugel William M $1,362,500 --
Laxalt Michelle D $439,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2018 01/15/18 Sold $1,362,500 -18.7% $524 / Sq Ft
12/02/2017 12/02/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $1,675,000 -- $644 / 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 $2,030 $49,100 $19,200 $29,900
2023 $2,028 $49,100 $19,200 $29,900
2022 $1,995 $49,100 $19,200 $29,900
2021 $1,935 $49,100 $19,200 $29,900
2020 $1,847 $49,100 $19,200 $29,900
2019 $1,839 $49,100 $19,200 $29,900
2018 $1,857 $49,100 $0 $0
2017 $1,872 $49,100 $0 $0
2016 $1,650 $49,100 $0 $0
2015 $1,700 $49,100 $0 $0
2014 $1,675 $49,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001398912

Bright MLS

APN: 134-20.12-45.01