NOT LISTED FOR SALE

123 Bellevue St Unit 2 Dewey Beach, DE 19971

Estimated Value: $609,444 - $1,089,000

3 Beds
2.5 Baths
2,500 Sq Ft
$372/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $720,000 $288 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,417/month

7 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Water Access
  • 0.44 Acre Lot
  • Rehoboth Elementary School Rated A
  • Bay View
  • 4-minute walk to Sunset Park

About This Home

As of July 2021

LOCATION>LOCATION>LOCATION! Fee Simple- Don't miss this lovely 3 bedroom townhome located within steps of The Rehoboth Bay and one block to the ocean. Enjoy beach living at its best! Located in the heart of Dewey Beach. All new decks, HVAC unit only 2 years old. This is a beach bum's dream home. Watch the sunset each evening from one of the 2 decks and enjoy this spacious home all season. This home boost an open floor plan, which is perfect for entertaining, an outside shower, and 2 deed parking spots. If you are looking for an investment property no need to worry, this home is rented for the 2021 summer from Memorial Day to Labor Day. Instant revenue! Settle now and take personal possession in September.

Last Listed By

Amy Tilley

Compass License #RS295600 Listed on: 05/21/2021

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 1983

Lot Details

  • Back Yard
  • Property is in very good condition

HOA Fees

  • $333 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Wainscoting
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Loft
  • Bay Views
  • Crawl Space

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Private Parking
  • Paved Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property near a bay
  • Deck
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Risk
  • Bayside

Schools

  • Cape Henlopen High School

Utilities

  • Central Air
  • Heat Pump System
  • Above Ground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include lawn maintenance, trash
  • Baywinds Condominium Association Condos
  • Bay Winds Community

Listing and Financial Details

  • Assessor Parcel Number 334-20.18-23.00-2

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,529

Year Built

Built in 1983

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: LOCATION>LOCATION>LOCATION! Fee Simple- Don't miss this lovely 3 bedroom townhome located within steps of The Rehoboth Bay and one block to the ocean. Enjoy beach living at its best! Located in the heart of Dewey Beach. All new decks, HVAC unit only 2 years old. This is a beach bum's dream home. Watch the sunset each evening from one of the 2 decks and enjoy this spacious home all season. This home boost an open floor plan, which is perfect for entertaining, an outside shower, and 2 deed parking spots. If you are looking for an investment property no need to worry, this home is rented for the 2021 summer from Memorial Day to Labor Day. Instant revenue! Settle now and take personal possession in September.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Laminated, Partially Carpeted
  • Interior Amenities: Carpet, Chair Railings, Combination Kitchen/Living, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Pantry, Primary Bedroom - Bay Front, Skylight(s), Tub Shower, Wainscotting, Walk-In Closet(s), Window Treatments
  • Window Features: Skylights
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Room Count: 6
  • Room List: Kitchen, Family Room, Laundry, Loft, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 300.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 123

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: 2
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Exterior Lighting, Gutter System, Outside Shower, Street Lights
  • Roof: Architectural Shingle
  • Spa: No
  • View: Bay, Water
  • Water Access: Yes
  • Water Body Name: Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Paved Parking, Private
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

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
  • Utilities: Above Ground, Cable Tv Available, Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4000.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Baywinds Condominium Association
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • High School: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • High School: CAPE HENLOPEN

Lot Info

  • Land Lease: No
  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.44
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19166.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Total Actual Rent: 18000.00
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5205024
  • School Tax: 1275.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1529.00
  • Assessor Parcel Number: 334-20.18-23.00-2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/12/2021

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 12, 2021
Sold by
Wagenhoffer Ft
Bought by
Mayer Mark G and Mayer Katharine L
Seller's Agent
Amy Tilley
Compass
Buyer's Agent
Brian Donahue
Long & Foster Real Estate, Inc.
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%
Total Days on Market
7
Current Estimated Value
$929,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,861
Avg. Annual Appreciation
6.93%
Original Mortgage
$576,000
Outstanding Balance
$528,479
Interest Rate
2.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$401,382

Purchase Details

Closed on
Apr 11, 2019
Sold by
Wagnhoffer Ft
Bought by
Wagenhoffer Ft

Purchase Details

Closed on
Jun 12, 1996
Bought by
Wagenhoffer Martin T and Wagenhoffer Dorothy M

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
Mayer Mark G $720,000 None Available
Wagenhoffer Ft -- --
Wagenhoffer Martin T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayer Katharine L $576,000
Closed Mayer Mark G $576,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $720,000 -4.0% $288 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $750,000 -- $300 / 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 $1,797 $26,800 $0 $26,800
2023 $1,796 $26,800 $0 $26,800
2022 $1,744 $26,800 $0 $26,800
2021 $1,731 $26,800 $0 $26,800
2020 $1,726 $26,800 $0 $26,800
2019 $1,707 $26,800 $0 $26,800
2018 $1,317 $30,000 $0 $0
2017 $1,262 $30,000 $0 $0
2016 $1,227 $30,000 $0 $0
2015 $1,173 $30,000 $0 $0
2014 $1,165 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Tilley

    Seller's Agent in 2021

    Amy Tilley

    Compass

    (302) 383-0083

    8 in this area

    21 Total Sales

    Amy Tilley
    Section Image
  • Brian Donahue

    Buyer's Agent in 2021

    Brian Donahue

    Long & Foster

    (302) 448-1474

    1 in this area

    53 Total Sales

    Brian Donahue
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU183648

Bright MLS

APN: 334-20.18-23.00-2

Delaware Sussex County Dewey Beach 19971

123 Bellevue St Unit 2, Dewey Beach, DE

Homes for Sale in Dewey Beach, DE

This home is located at 123 Bellevue St Unit 2, Dewey Beach, DE 19971 since 21 May 2021 and is currently estimated at $929,861, approximately $371 per square foot. This property was built in 1983. 123 Bellevue St Unit 2 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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