NOT LISTED FOR SALE

200 N Ocean Dr Bethany Beach, DE 19930

Estimated Value: $1,892,000 - $3,664,698

4 Beds
3 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold April 28, 2022

Last sale price $3,370,000

Est. 10% decrease in value since last sale

Current estimated payment $16,269/month

3 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Ocean View
  • Access to Tidal Water
  • Lord Baltimore Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Sandy Beach

About This Home

As of April 2022

“One of the best ocean front views on the Eastern Shore. Rare 75 foot ocean front lot adjoins a 10 foot beach right of way providing special panoramic deck views galore. This 75 foot lot (one & a half lots) is one of only five such spacious ocean front lots in all of South Bethany. This well maintained four bedroom three bath home includes an office/5th bedroom/bonus room and two outside beach showers. Master bedroom & living room feature oak wood built-in cabinets & shelving affording ample storage throughout in this furnished offer. Split 2 level Geothermal HVAC system provides controlled comfort all year round . Fenced yard provides security for your family pet. This three level beach home on an oversized lot helps make South Bethany “The Best Little Beach in Delaware”.

Last Agent to Sell the Property

Douglas Appling

(302) 236-3821 doug@sandcastlerealty.net SANDCASTLE REALTY INC License #RB-0001768 Listed on: 03/10/2022

Last Buyer's Agent

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,208

Year Built

  • Built in 1971

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75.00 x 130.00
  • 75 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • Property is in excellent condition
  • Property is zoned TN, Single Family Residential

Property Views

  • Ocean
  • Panoramic

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Piling Construction
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Curved or Spiral Staircase
  • Built-In Features
  • Paneling
  • Ceiling Fan
  • Non-Functioning Fireplace
  • Screen For Fireplace
  • Brick Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors

Kitchen

  • Second Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Exterior Cameras
  • Monitored
  • Motion Detectors
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Gravel Driveway

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Deck
  • Wrap Around Porch

Location

  • Flood Risk

Schools

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

Utilities

  • Geothermal Heating and Cooling
  • 200+ Amp Service
  • Private Water Source
  • High-Efficiency Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 134-17.20-181.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,208

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Wall hangings & personal items, Ship model in DR under south window, Surf boards See Exclusions list provided
  • Inclusions: As shown other than listed exclusions
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-03-10
  • Federal Flood Zone: Yes
  • Year Built: 1971
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Water Heater - High-Efficiency
  • Flooring Type: Carpet, Engineered Wood, Ceramic Tile
  • Interior Amenities: 2nd Kitchen, Built-Ins, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Primary Bedroom - Ocean Front, Soaking Tub, Spiral Staircase, Stall Shower, Walk-In Closet(s)
  • Window Features: Insulated, Screens
  • Fireplace Features: Brick, Gas/Propane, Non-Functioning, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass, Storm
  • Wall Ceiling Types: Paneled Walls, Dry Wall
  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Stick Built
  • Exterior Features: Outside Shower
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • View: Ocean, Panoramic
  • Water Access Features: Public Beach, Public Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 75

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Geothermal
  • Cooling Type: Geothermal
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Motion Detectors, Monitored, Surveillance Sys, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Sewer Available, Water Available, Electric Available
  • Water Source: Private/Community Water
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 75.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Outdoor Living Structures: Deck(s), Wrap Around
  • Property Condition: Excellent
  • Zoning: TN
  • Zoning Description: Single Family Residential
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Sandy Beach

Tax Info

  • Assessor Parcel Number: 5118274
  • School Tax: 2208.00
  • Tax Annual Amount: 2208.00
  • Assessor Parcel Number: 134-17.20-181.00
  • Tax Lot: 48
  • Tax Year: 2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2022
Sold by
Kho Stephen S and Kho Jocelyn
Bought by
Stephen Kho Revocable Trust
Current Estimated Value
$3,032,258

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 28, 2022
Sold by
John Fred Speer Iii Revocable Living Tru and Speer John Fred
Bought by
Kho Stephen S and Kho Jocelyn
Seller's Agent
Douglas Appling
SANDCASTLE REALTY INC
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$3,297,000
Sold Price
$3,370,000
Premium/Discount to List
$73,000
2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.40%
Original Mortgage
$2,939,730
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2015
Sold by
Victoria M Victoria M
Bought by
Speer John Fred
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stephen Kho Revocable Trust -- --
Stephen Kho Revocable Trust -- None Listed On Document
Kho Stephen S $3,370,000 None Listed On Document
Speer John Fred $1,753,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kho Stephen S $2,939,730
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2022 04/28/22 Sold $3,370,000 +2.2% --
03/14/2022 03/14/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $3,297,000 -- --
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 $6,271 $63,150 $36,000 $27,150
2024 $2,611 $63,150 $36,000 $27,150
2023 $2,608 $63,150 $36,000 $27,150
2022 $2,566 $63,150 $36,000 $27,150
2021 $2,489 $63,150 $36,000 $27,150
2020 $2,375 $63,150 $36,000 $27,150
2019 $2,365 $63,150 $36,000 $27,150
2018 $2,388 $63,150 $0 $0
2017 $2,408 $63,150 $0 $0
2016 $2,122 $63,150 $0 $0
2015 $2,187 $63,150 $0 $0
2014 $2,154 $63,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2017234

Bright MLS

APN: 134-17.20-181.00