NOT LISTED FOR SALE

203 Ocean View Pkwy Bethany Beach, DE 19930

Estimated Value: $107,191 - $3,200,000

3 Beds
1.5 Baths
1,118 Sq Ft
$1,236/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $845,000 $756 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $7,918/month

98 Days on Market

Highlights

  • Coastal Architecture
  • Wood Flooring
  • Attic
  • Lord Baltimore Elementary School Rated A-
  • Main Floor Bedroom
  • Furnished

About This Home

As of August 2019

Located on one of the most highly desirable streets in Bethany, this adorable oceanside cottage is just steps to the beach. Enjoy this charming property as-is or build your own dream home with the potential to capture peaks of the ocean. Only a few blocks to the heart of down town Bethany, easily walk to the boardwalk, boutique shops and fantastic restaurants from this exceptional location. An incredible investment opportunity, this beach house has a proven rental history and is sold fully furnished.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 03/14/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Christi Arndt

Long & Foster Real Estate, Inc. License #RS-0023120

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 03/14/2019

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,827

Year Built

  • Built in 1964

Lot Details

  • 4,996 Sq Ft Lot
  • Lot Dimensions are 40.00 x 125.00
  • South Facing Home
  • Zoning described as General Residential

Home Design

  • Coastal Architecture
  • Cottage
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,118 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Paneling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Screens
  • Combination Dining and Living Room
  • Attic Fan
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • Private Parking
  • Off-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Outdoor Shower
  • Storage Shed
  • Porch

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 3
  • Assessor Parcel Number 134-13.15-122.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,827

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1964
  • Remarks Public: Located on one of the most highly desirable streets in Bethany, this adorable oceanside cottage is just steps to the beach. Enjoy this charming property as-is or build your own dream home with the potential to capture peaks of the ocean. Only a few blocks to the heart of down town Bethany, easily walk to the boardwalk, boutique shops and fantastic restaurants from this exceptional location. An incredible investment opportunity, this beach house has a proven rental history and is sold fully furnished.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Washer/Dryer Stacked, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick, Wood
  • Interior Amenities: Attic, Attic/House Fan, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom
  • Window Features: Screens
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Paneled Walls
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1118
  • Living Area Sq Ft: 1118
  • Price Per Sq Ft: 800.54
  • Above Grade Finished Sq Ft: 1118
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 203

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Aluminum Siding
  • Exterior Features: Outside Shower
  • Road Surface Type: Paved
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4996.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2018
  • Zoning: Q
  • Zoning Description: General Residential
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Total Actual Rent: 23600.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5108705
  • School Tax: 622.00
  • Tax Annual Amount: 1826.56
  • Assessor Parcel Number: 134-13.15-122.00
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/19/2019

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
Aug 23, 2019
Sold by
Perdikis Alexander L and Koons Dresden M
Bought by
Chang Sok and Chang Linda
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$895,000
Sold Price
$845,000
Premium/Discount to List
-$50,000
-5.59%
Total Days on Market
98
Current Estimated Value
$1,381,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,548
Avg. Annual Appreciation
8.86%
Original Mortgage
$385,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2013
Closed on
Mar 5, 2013
Sold by
Moore George Robert
Bought by
Perkikis Alexander L and Koons Dreseden M
Seller's Agent
Candy Williams
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$624,000
Sold Price
$624,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$468,000
Interest Rate
3.56%

Purchase Details

Closed on
Jul 30, 2012
Sold by
Eleanor M Eleanor M
Bought by
Buck Eleanor M and Moore George Robert

Purchase Details

Closed on
Jul 19, 2012
Sold by
Eleanor M Eleanor M
Bought by
Buck Eleanor M and Moore George Robert
Source: Public Records

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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
Chang Sok $845,000 --
Perkikis Alexander L $624,000 --
Buck Eleanor M -- --
Buck Eleanor M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Sok $1,250,000
Closed Chang Linda $548,250
Closed Chang Sok $385,000
Previous Owner Perkikis Alexander L $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2019 08/19/19 Sold $845,000 -5.6% $756 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $895,000 +43.4% $801 / Sq Ft
03/14/2013 03/14/13 Sold $624,000 0.0% $558 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
01/19/2013 01/19/13 For Sale $624,000 -- $558 / 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 $1,939 $18,650 $10,000 $8,650
2023 $1,877 $18,650 $10,000 $8,650
2022 $758 $18,650 $10,000 $8,650
2021 $735 $18,650 $10,000 $8,650
2020 $702 $18,650 $10,000 $8,650
2019 $698 $18,650 $10,000 $8,650
2018 $705 $18,650 $0 $0
2017 $711 $18,650 $0 $0
2016 $627 $18,650 $0 $0
2015 $646 $18,650 $0 $0
2014 $636 $18,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU134178

Bright MLS

APN: 134-13.15-122.00