NOT LISTED FOR SALE

187 S Bay Dr Dover, DE 19901

Estimated Value: $511,000 - $631,000

3 Beds
3 Baths
1,477 Sq Ft
$403/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $540,000 $366 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,377/month

11 Days on Market

Highlights

  • 45 Feet of Waterfront
  • Ocean View
  • No HOA
  • Allen Frear Elementary School Rated A
  • Solid Hardwood Flooring
  • Cottage

About This Home

As of December 2022

An oasis to say the least, this home has got to be on your tour today! This beautiful beachfront property in Dover, DE is ready for a new owner! With original hardwoods in the main home of the cottage and a fully renovated main floor, you won't ever want to leave! Not to mention the incredible, expansive views of the bay, this home is perfection! The gas fireplace in the living room will provide warm cozy comfort on chilly nights as you enjoy the sounds of the waves crashing on the sand. Out the back door is a newly boarded deck with incredible views and steps down to the water. Upstairs, are 2 extra bedrooms with tons of tucked-in storage and a hall bath perfect for guests. In the back with perfect views of the bay, you will find a fabulous master bedroom! Storage abounds with closets and a full length-of-the-room window bench. The master bath with beautiful tiling also boasts incredible views! There's truly nothing not to love about this property! Upgrades include new water heater, new roof in 2020, new back deck, Pex plumbing under the main floor of the home, new stove with gas cooking, new refrigerator, and a small 500 watt solar bank that makes the home power outage proof! There is central air throughout the home and a living room and office mini split for added comfort. An additional mini split can be added if desired. Refrigerator, washer, and dryer are negotiable with reasonable offer.

Last Agent to Sell the Property

Gabrielle Fisher

Iron Valley Real Estate at The Beach License #0025665 Listed on: 10/26/2022

Iron Valley Real Estate at The Beach

Last Buyer's Agent

Melissa Strawbridge

Iron Valley Real Estate Ocean City License #653560

Iron Valley Real Estate Ocean City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $812

Year Built

  • Built in 2005

Lot Details

  • 9,230 Sq Ft Lot
  • Lot Dimensions are 44.99 x 206.66
  • 45 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned AR

Parking

  • Driveway

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,477 Sq Ft Home
  • Property has 3 Levels
  • Gas Fireplace
  • Ocean Views

Flooring

  • Solid Hardwood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Water Access
  • Property is near an ocean

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Private Water Source
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Kitts Hummock Subdivision

Listing and Financial Details

  • Tax Lot 2300-000
  • Assessor Parcel Number ED-00-09720-02-2300-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$812

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-10-26
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: An oasis to say the least, this home has got to be on your tour today! This beautiful beachfront property in Dover, DE is ready for a new owner! With original hardwoods in the main home of the cottage and a fully renovated main floor, you won't ever want to leave! Not to mention the incredible, expansive views of the bay, this home is perfection! The gas fireplace in the living room will provide warm cozy comfort on chilly nights as you enjoy the sounds of the waves crashing on the sand. Out the back door is a newly boarded deck with incredible views and steps down to the water. Upstairs, are 2 extra bedrooms with tons of tucked-in storage and a hall bath perfect for guests. In the back with perfect views of the bay, you will find a fabulous master bedroom! Storage abounds with closets and a full length-of-the-room window bench. The master bath with beautiful tiling also boasts incredible views! There's truly nothing not to love about this property! Upgrades include new water heater, new roof in 2020, new back deck, Pex plumbing under the main floor of the home, new stove with gas cooking, new refrigerator, and a small 500 watt solar bank that makes the home power outage proof! There is central air throughout the home and a living room and office mini split for added comfort. An additional mini split can be added if desired. Refrigerator, washer, and dryer are negotiable with reasonable offer.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Solid Hardwood, Carpet
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pillar/Post/Pier, Pilings
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1477
  • Living Area Sq Ft: 1477
  • Price Per Sq Ft: 372.38
  • Above Grade Finished Sq Ft: 1477
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 187

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • View: Water, Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 45

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CAESAR RODNEY
  • School District Key: 300200396889
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 29500.00
  • Land Assessed Value: 4600.00
  • Lot Size Acres: 0.21
  • Lot Dimensions: 44.99 x 206.66
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9230.00
  • Year Assessed: 2022
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2429899
  • School Tax: 699.00
  • Tax Annual Amount: 812.00
  • Assessor Parcel Number: ED-00-09720-02-2300-000
  • Tax Lot: 2300-000
  • Tax Total Finished Sq Ft: 1477
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/09/2022

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Dec 9, 2022
Sold by
Hench Thomas L
Bought by
Batara Fatima M and Lato Fulbert G
Seller's Agent
Gabrielle Fisher
Iron Valley Real Estate at The Beach
Buyer's Agent
Melissa Strawbridge
Iron Valley Real Estate Ocean City
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Views
16
Current Estimated Value
$587,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,980
Avg. Annual Appreciation
1.24%

Purchase Details

Closed on
Nov 30, 2007
Sold by
Bromley George W and Bromley Patricia W
Bought by
Hench Thomas L and Hench Janice B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Batara Fatima M -- --
Hench Thomas L $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hench Thomas L $326,500
Previous Owner Hench Thomas L $340,000
Previous Owner Bromley George W $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $540,000 -1.8% $366 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $550,000 -- $372 / 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 $1,899 $480,600 $267,300 $213,300
2023 $862 $34,100 $4,600 $29,500
2022 $837 $34,100 $4,600 $29,500
2021 $831 $34,100 $4,600 $29,500
2020 $817 $34,100 $4,600 $29,500
2019 $785 $34,100 $4,600 $29,500
2018 $758 $34,100 $4,600 $29,500
2017 $737 $34,100 $0 $0
2016 $722 $34,100 $0 $0
2015 $626 $36,600 $0 $0
2014 $624 $36,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2014852

Bright MLS

APN: 2-00-09720-02-2300-000