NOT LISTED FOR SALE

204 S Ocean Dr South Bethany, DE 19930

Estimated Value: $300,711 - $3,862,000

3 Beds
2 Baths
1,408 Sq Ft
$1,212/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $1,450,000 $1,030 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,548/month

440 Days on Market

Highlights

  • Ocean Front
  • Access to Tidal Water
  • Open Floorplan
  • Lord Baltimore Elementary School Rated A-
  • Sandy Beach
  • Coastal Architecture

About This Home

As of September 2020

This home should be on the cover of Coastal Living instead it is on the ocean front in charming South Bethany. Spectacular well preserved and built classic beach cottage. No need to rush and build your dream beach house. This open floor plan home is turnkey. Low maintenance. Upgraded throughout including newer bathroom and windows. Gorgeous original pine floors. Generous outdoor living space including new decking and railings. Large oceanfront back deck and front porch for your sunsets. Outdoor shower. Plenty of parking. Original owners. Home has been in the family since 1965. Just steps to the guarded beach. Close to the boardwalk, restaurants, shopping and stunning golf links. Your turn to create your own memories!

Last Agent to Sell the Property

Suzanne Macnab

RE/MAX Coastal License #RS-0012856 Listed on: 05/23/2019

RE/MAX Coastal

Last Buyer's Agent

Suzanne Macnab

RE/MAX Coastal License #RS-0012856 Listed on: 05/23/2019

RE/MAX Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,722

Year Built

  • Built in 1965

Lot Details

  • 6,499 Sq Ft Lot
  • Lot Dimensions are 50.00 x 130.00
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • West Facing Home
  • Cleared Lot
  • Property is in very good condition

Home Design

  • Coastal Architecture
  • Cottage
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,408 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Paneling
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room
  • Wood Flooring
  • Ocean Views
  • Storm Doors

Kitchen

  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • Walk-in Shower

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Gravel Driveway

Outdoor Features

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

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • 100 Amp Service
  • Bottled Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Bethany Harbor Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 9
  • Assessor Parcel Number 134-20.08-126.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,722

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Remarks Public: This home should be on the cover of Coastal Living instead it is on the ocean front in charming South Bethany. Spectacular well preserved and built classic beach cottage. No need to rush and build your dream beach house. This open floor plan home is turnkey. Low maintenance. Upgraded throughout including newer bathroom and windows. Gorgeous original pine floors. Generous outdoor living space including new decking and railings. Large oceanfront back deck and front porch for your sunsets. Outdoor shower. Plenty of parking. Original owners. Home has been in the family since 1965. Just steps to the guarded beach. Close to the boardwalk, restaurants, shopping and stunning golf links. Your turn to create your own memories!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Cooktop, Water Heater, Microwave, Disposal
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Stall Shower, Wood Floors, Window Treatments
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated, Storm
  • Wall Ceiling Types: Paneled Walls
  • Foundation Details: Pillar/Post/Pier
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Full Bath
  • Basement: No
  • Total Sq Ft: 1408
  • Living Area Sq Ft: 1408
  • Price Per Sq Ft: 1118.61
  • Above Grade Finished Sq Ft: 1408
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 204

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outside Shower
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • Spa: No
  • View: Ocean
  • Water Access Features: Public Access, Public Beach
  • 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

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RS
  • Lot Features: Cleared
  • Lot Size Acres: 0.15
  • Lot Dimensions: 50.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6499.00
  • Outdoor Living Structures: Deck(s), Wrap Around
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: Q
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5119576
  • School Tax: 1201.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2722.00
  • Assessor Parcel Number: 134-20.08-126.00
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 09/18/2020

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Sep 14, 2020
Sold by
Moniz Andrew and Moniz Elizabeth
Bought by
Kinney Scott C and Kinney Susan
Seller's Agent
Suzanne Macnab
RE/MAX Coastal
Buyer's Agent
Suzanne Macnab
RE/MAX Coastal
List Price
$1,695,000
Sold Price
$1,450,000
Premium/Discount to List
-$245,000
-14.45%
Current Estimated Value
$1,706,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,678
Avg. Annual Appreciation
3.78%
Original Mortgage
$1,160,000
Outstanding Balance
$1,041,041
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$700,366

Purchase Details

Closed on
Feb 18, 2020
Sold by
Moniz Ft
Bought by
Moniz Andrew and Moniz Elizabeth
Source: Public Records

Range of Values:

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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
Kinney Scott C $1,450,000 None Available
Moniz Andrew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinney Scott C $1,160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $1,450,000 -7.9% $1,030 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
10/11/2019 10/11/19 Price Changed $1,575,000 -7.1% $1,119 / Sq Ft
05/23/2019 05/23/19 For Sale $1,695,000 -- $1,204 / 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 $2,987 $36,000 $24,000 $12,000
2023 $1,487 $36,000 $24,000 $12,000
2022 $1,463 $36,000 $24,000 $12,000
2021 $1,419 $36,000 $24,000 $12,000
2020 $1,354 $36,000 $24,000 $12,000
2019 $1,348 $36,000 $24,000 $12,000
2018 $1,361 $36,000 $0 $0
2017 $1,372 $36,000 $0 $0
2016 $1,213 $36,100 $0 $0
2015 $1,250 $36,100 $0 $0
2014 $1,231 $36,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU140482

Bright MLS

APN: 134-20.08-126.00