NOT LISTED FOR SALE

200 Russell Rd Bethany Beach, DE 19930

Estimated Value: $741,511 - $1,049,000

3 Beds
2 Baths
1,200 Sq Ft
$740/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $500,000 $417 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,865/month

24 Days on Market

Highlights

  • 1 Boat Dock
  • Water Views
  • Access to Tidal Water
  • Lord Baltimore Elementary School Rated A-
  • Home fronts navigable water
  • Fishing Allowed

About This Home

As of April 2020

Charming waterfront beach cottage just a few blocks to the ocean with a boat dock just outside the back door. Well maintained and ready to enjoy, with lots of features to enjoy such as a breezy screened porch, waterfront deck, and ideal location. Just big enough to share but easy to maintain with a low maintenance - no grass yard, everything on one level, and LOW taxes and NO HOA fees! Enjoy for a few years and then add a second story like so many neighboring homes or remove and build new. Newer homes selling in the $800 - $900,000. range in the area. Or keep as is, a great beach cottage. Dock, deck and bulk-heading recently replaced, oversized lot, outside shower, and charming sunny bedrooms will be appreciated. This is turn key to enjoy this summer and priced very reasonably. Beach living like you remember and a fantastic investment too. Delaware is booming - retirees are flocking here, lock in your location now with low interest rates in an amazing Southern DE beach town.

Last Agent to Sell the Property

Ann Baker/noLng

Long & Foster Real Estate, Inc. License #RA-0020487 Listed on: 03/01/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Trevor Clark

1ST CHOICE PROPERTIES LLC License #RA-0020681

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1982

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 75.00 x 90.00
  • Home fronts navigable water
  • Home fronts a canal
  • North Facing Home
  • Corner Lot
  • Wooded Lot
  • Property is in very good condition
  • Property is zoned TN 364

Home Design

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

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Water Views
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a canal
  • Sun Deck
  • Personal Watercraft
  • Bulkhead
  • 1 Boat Dock
  • Private Dock
  • Dock Against Bulkhead
  • Powered Boats Permitted
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 93
  • Assessor Parcel Number 134-17.15-114.00

Community Details

Overview

  • No Home Owners Association
  • South Bethany Harbor Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,239

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Doors - Swing In, 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: contents of owner's closets, personal clothing, toiletries, etc., window frame hanging above bed in MBR.
  • Home Warranty: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Remarks Public: Charming waterfront beach cottage just a few blocks to the ocean with a boat dock just outside the back door. Well maintained and ready to enjoy, with lots of features to enjoy such as a breezy screened porch, waterfront deck, and ideal location. Just big enough to share but easy to maintain with a low maintenance - no grass yard, everything on one level, and LOW taxes and NO HOA fees! Enjoy for a few years and then add a second story like so many neighboring homes or remove and build new. Newer homes selling in the $800 - $900,000. range in the area. Or keep as is, a great beach cottage. Dock, deck and bulk-heading recently replaced, oversized lot, outside shower, and charming sunny bedrooms will be appreciated. This is turn key to enjoy this summer and priced very reasonably. Beach living like you remember and a fantastic investment too. Delaware is booming - retirees are flocking here, lock in your location now with low interest rates in an amazing Southern DE beach town.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stove, Washer, Water Heater, Dryer
  • Entry Floor: 1
  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 479.08
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 200

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Wood Siding
  • Exterior Features: Exterior Lighting, Outside Shower, Street Lights
  • Roof: Architectural Shingle
  • View: Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: RS
  • Lot Features: Trees/Wooded, Corner, Bulkheaded
  • Lot Size Acres: 0.15
  • Lot Dimensions: 75.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: TN 364
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5117560
  • School Tax: 601.00
  • Tax Annual Amount: 1238.79
  • Assessor Parcel Number: 134-17.15-114.00
  • Tax Lot: 93
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 04/24/2020

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2020
Closed on
Apr 24, 2020
Sold by
Cotter Ft
Bought by
Baffone Marc and Baffone Kathleen W
Seller's Agent
Ann Baker/noLng
Long & Foster Real Estate, Inc.
Buyer's Agent
Trevor Clark
1ST CHOICE PROPERTIES LLC
List Price
$574,900
Sold Price
$500,000
Premium/Discount to List
-$74,900
-13.03%
Current Estimated Value
$887,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,878
Avg. Annual Appreciation
8.76%
Original Mortgage
$450,000
Outstanding Balance
$402,793
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$382,715

Purchase Details

Closed on
Apr 23, 1998
Bought by
Cotter James Kevin (Trustee) June C Cott
Source: Public Records

Range of Values:

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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
Baffone Marc $500,000 None Available
Cotter James Kevin (Trustee) June C Cott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baffone Marc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $500,000 -13.0% $417 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $574,900 -- $479 / 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 $767 $18,200 $7,050 $11,150
2023 $766 $18,200 $7,050 $11,150
2022 $740 $18,200 $7,050 $11,150
2021 $717 $18,200 $7,050 $11,150
2020 $685 $18,200 $7,050 $11,150
2019 $682 $18,200 $7,050 $11,150
2018 $688 $18,200 $0 $0
2017 $694 $18,200 $0 $0
2016 $611 $18,200 $0 $0
2015 $622 $18,200 $0 $0
2014 $612 $17,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ann Baker/noLng

    Seller's Agent in 2020

    Ann Baker/noLng

    Long & Foster

    (302) 858-8518

    6 in this area

    64 Total Sales

    Ann Baker/noLng
    Section Image
  • Trevor Clark

    Buyer's Agent in 2020

    Trevor Clark

    1ST CHOICE PROPERTIES LLC

    (302) 290-3869

    4 in this area

    152 Total Sales

    Trevor Clark
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU157216

Bright MLS

APN: 134-17.15-114.00

Delaware Sussex County Bethany Beach 19930

200 Russell Rd, Bethany Beach, DE

This home is located at 200 Russell Rd, Bethany Beach, DE 19930 since 01 March 2020 and is currently estimated at $887,878, approximately $739 per square foot. This property was built in 1982. 200 Russell Rd is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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