NOT LISTED FOR SALE

123 Bellevue St Unit 4 Dewey Beach, DE 19971

Estimated Value: $746,000 - $1,484,000

3 Beds
3 Baths
2,500 Sq Ft
$443/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $955,000 $382 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,567/month

31 Days on Market

Highlights

  • Bay View
  • Gourmet Kitchen
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • 0.44 Acre Lot
  • Coastal Architecture

About This Home

As of May 2023

Property is temporarily off the market as the 3rd-floor loft is currently being converted to a 3rd bedroom- Expected back on market before May 10, 2023 LOCATION>LOCATION>LOCATION! Fee Simple- Never rented but has amazing rental potential.

Welcome to this 2 bedroom -3 bath, stunning beach house located in the heart of Dewey Beach, offering breathtaking views of the bay from 2 large decks. Two spacious first-floor bedrooms, oversized master with adjacent deck and a large 3rd-floor loft offering plenty of natural light and stunning bay views
As you enter the 2nd floor, you'll be greeted by an open-concept living and dining area with large sliders to deck with sunset views.
The fully-equipped kitchen features modern appliances and ample counter space, making it easy to prepare delicious meals and snacks
Outside, you'll find 2 deed parking spaces, 2 spacious decks with bay views, providing the perfect spot to enjoy your morning coffee or evening cocktail while taking in the stunning sunsets. The deck includes drink rail, table and chairs, as well as a gas grill, making it easy to cook up a delicious meal while enjoying the fresh sea air.

The beach house also includes a laundry room with a washer and dryer, this unit comes fully furnished.

Located in the heart of a vibrant beach town, this beach house is just a short walk from the town's best restaurants, bars, and shops. You can easily explore the town on foot or bike or take The Jolley Trolley into Rehoboth during the summer season. The beach is just one block away!

Last Agent to Sell the Property

Amy Tilley

(302) 383-0083 toamytilley@me.com Compass License #RS295600 Listed on: 04/01/2023

Compass

Last Buyer's Agent

JENNIFER SMITH

(302) 245-7581 jennysellsthebeach@gmail.com Keller Williams Realty License #RS-0024095

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1983

Lot Details

  • Property fronts the bay but unit may not have water views
  • Property is in excellent condition

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Sliding Doors
  • Combination Kitchen and Living
  • Bay Views
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Self-Cleaning Oven
  • Stove
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • 2 Assigned Parking Spaces

Outdoor Features

  • Outdoor Shower
  • Deck
  • Rain Gutters

Schools

  • Cape Henlopen High School

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Above Ground Utilities
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 334-20.18-23.00-4

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, pest control, trash
  • Baywinds Community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,900

Year Built

Built in 1983

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main, Upper 2, Upper 3
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Assigned Parking Space Numbers: #4
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Property is temporarily off the market as the 3rd-floor loft is currently being converted to a 3rd bedroom- Expected back on market before May 10, 2023 LOCATION>LOCATION>LOCATION! Fee Simple- Never rented but has amazing rental potential. Welcome to this 2 bedroom -3 bath, stunning beach house located in the heart of Dewey Beach, offering breathtaking views of the bay from 2 large decks. Two spacious first-floor bedrooms, oversized master with adjacent deck and a large 3rd-floor loft offering plenty of natural light and stunning bay views As you enter the 2nd floor, you'll be greeted by an open-concept living and dining area with large sliders to deck with sunset views. The fully-equipped kitchen features modern appliances and ample counter space, making it easy to prepare delicious meals and snacks Outside, you'll find 2 deed parking spaces, 2 spacious decks with bay views, providing the perfect spot to enjoy your morning coffee or evening cocktail while taking in the stunning sunsets. The deck includes drink rail, table and chairs, as well as a gas grill, making it easy to cook up a delicious meal while enjoying the fresh sea air. The beach house also includes a laundry room with a washer and dryer, this unit comes fully furnished. Located in the heart of a vibrant beach town, this beach house is just a short walk from the town's best restaurants, bars, and shops. You can easily explore the town on foot or bike or take The Jolley Trolley into Rehoboth during the summer season. The beach is just one block away!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dryer, Oven - Self Cleaning, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Carpet, Laminate Plank, Laminated, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Pantry, Skylight(s), Stall Shower, Stove - Wood, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Crawl Space
  • Levels Count: 3
  • Room Count: 6
  • Basement: No
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 394.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 123

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • 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 - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Utilities: Above Ground, Cable Tv, Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3000.00
  • Condo Co-Op Fee Frequency: Semi-Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Pest Control, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

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

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5205026
  • Tax Annual Amount: 1900.00
  • Assessor Parcel Number: 334-20.18-23.00-4
  • Tax Year: 2023
  • Close Date: 05/26/2023

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2024
Sold by
Casaday Nathan and Casaday Elysia
Bought by
Tilley Dana Edward and Tilley Amy
Current Estimated Value
$1,107,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$718,500
Outstanding Balance
$706,549
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$401,273

Purchase Details

Listed on
Apr 1, 2023
Closed on
May 26, 2023
Sold by
Wickey Gregory S
Bought by
Casaday Nathan and Casaday Elysia
Seller's Agent
Amy Tilley
Compass
Buyer's Agent
JENNIFER SMITH
Keller Williams Realty
List Price
$985,000
Sold Price
$955,000
Premium/Discount to List
-$30,000
-3.05%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$764,000
Interest Rate
5.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2016
Sold by
Resanovich Collette and Wickey Collette L
Bought by
Wickey Collette L and Wickey Gregory S

Purchase Details

Listed on
Nov 21, 2013
Closed on
Jul 21, 2014
Sold by
Dominick Dominick and Fanuele Laura I
Bought by
Wickey Gregory and Resanovich Collette
Seller's Agent
Terry Millman
Jack Lingo - Rehoboth
Buyer's Agent
Kimberly Martin
Northrop Realty
List Price
$489,000
Sold Price
$460,000
Premium/Discount to List
-$29,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
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
Tilley Dana Edward $958,000 None Listed On Document
Casaday Nathan $955,000 None Listed On Document
Wickey Collette L -- None Available
Wickey Gregory $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tilley Dana Edward $718,500
Previous Owner Casaday Nathan $764,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $955,000 -3.0% $382 / Sq Ft
05/04/2023 05/04/23 For Sale $985,000 +3.1% $394 / Sq Ft
04/24/2023 04/24/23 Off Market $955,000 -- --
04/13/2023 04/13/23 Price Changed $985,000 -6.2% $394 / Sq Ft
04/01/2023 04/01/23 For Sale $1,050,000 0.0% $420 / Sq Ft
03/24/2023 03/24/23 Price Changed $1,050,000 +128.3% $420 / Sq Ft
07/23/2014 07/23/14 Sold $460,000 -5.9% $317 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
11/21/2013 11/21/13 For Sale $489,000 -- $337 / 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
2025 $2,320 $26,800 $0 $26,800
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 $1,258 $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

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Map

Source: Bright MLS

MLS Number: DESU2038002

Bright MLS

APN: 334-20.18-23.00-4