NOT LISTED FOR SALE

122 Ashwood St Bethany Beach, DE 19930

Estimated Value: $2,432,000 - $3,878,000

4 Beds
2.5 Baths
2,200 Sq Ft
$1,424/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $1,225,000 $557 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $17,318/month

12 Days on Market

Highlights

  • A-Frame Home
  • Community Pool
  • Forced Air Heating and Cooling System
  • Lord Baltimore Elementary School Rated A-

About This Home

As of January 2021

Location, Location, Location! This Oceanside of RT 1 has 4 Bedroom, 2.5 east of Route 1 in Town Limit of Bethany Beach. Incredible location on the 100 block in Bethany, is just steps to the beach, and is deed into Sea Colony Recreational Association , so new owners can activate those membership amenities steps away. This property is situated a short walk to boutique shops, restaurants, and the heart of downtown Bethany, this is truly walking distance to everything you want and need. Full of charm and character, this home offers spacious living room into a sunroom, kitchen with breakfast bar, open dining area, and a large enclosed porch. The back deck area is an oasis and features a deck perfect for crab feasts, outside shower, and beautiful low maintenance landscaping. With a proven rental history over $50 k, this beach house would be an incredible investment opportunity or build your own dream home with the potential to capture beach views. Enjoy this coastal retreat as-is today.

Last Agent to Sell the Property

Stephen Morgan

(302) 360-0300 walt.t@kw.com Keller Williams Realty License #RS-0020476 Listed on: 09/18/2020

Keller Williams Realty

Last Buyer's Agent

Stephen Morgan

(302) 360-0300 walt.t@kw.com Keller Williams Realty License #RS-0020476 Listed on: 09/18/2020

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,226

Year Built

  • Built in 1972

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00 x 125.00
  • Property is zoned TN

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • A-Frame Home
  • Coastal Architecture
  • Cottage
  • Frame Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

Location

  • Flood Risk

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 134-17.08-86.00

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,226

Year Built

Built in 1972

Lot Details

6,098 Sq Ft Lot

HOA Fees

$34 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: A-Frame, Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 579.55
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 34.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: Listing Agent
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Total Actual Rent: 51000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5117414
  • School Tax: 1411.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3226.00
  • Assessor Parcel Number: 134-17.08-86.00
  • Tax Lot: 24
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Federal Flood Zone: AO

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Jan 29, 2021
Sold by
Brown Ralph F and Brown Barbara A
Bought by
Dano Holdings Llc
Seller's Agent
Stephen Morgan
Keller Williams Realty
Buyer's Agent
Stephen Morgan
Keller Williams Realty
List Price
$1,275,000
Sold Price
$1,225,000
Premium/Discount to List
-$50,000
-3.92%
Current Estimated Value
$3,132,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,907,460
Avg. Annual Appreciation
19.96%
Original Mortgage
$925,000
Outstanding Balance
$825,875
Interest Rate
2.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$2,306,585

Purchase Details

Closed on
Sep 26, 1997
Bought by
Brown Ralph F Barbara A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dano Holdings Llc $1,225,000 None Available
Brown Ralph F Barbara A $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dano Holdings Llc $925,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $1,225,000 -3.9% $557 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $1,275,000 -- $580 / 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 $6,546 $41,150 $14,100 $27,050
2024 $2,704 $41,150 $14,100 $27,050
2023 $2,701 $41,150 $14,100 $27,050
2022 $1,729 $41,150 $14,100 $27,050
2021 $1,677 $41,150 $14,100 $27,050
2020 $1,600 $41,150 $14,100 $27,050
2019 $1,593 $41,150 $14,100 $27,050
2018 $1,556 $41,150 $0 $0
2017 $1,569 $41,150 $0 $0
2016 $1,382 $41,150 $0 $0
2015 $1,425 $41,150 $0 $0
2014 $1,404 $41,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU169094

Bright MLS

APN: 134-17.08-86.00

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