$2,024,999
SOLD JUL 8, 2021

206 Ashwood St Bethany Beach, DE 19930

6 Beds
4.5 Baths
4,316 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$469 Per Sq Ft

1% Above List Price

9 Days on Market

Highlights

  • Open Floorplan
  • Coastal Architecture
  • 1 Fireplace
  • Lord Baltimore Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of January 2023

One of Bethany’s best rentals. Great investment! Updated home in downtown Bethany Beach 2 and 1/2 blocks from the beach and boardwalk. House has spacious parking underneath as well as 2 driveway parking spots. Home is 3 levels with covered porches and a rooftop deck. Property has proven to be an exceptional rental, but ready for year round living. Under the house is a game room with seating, a large picnic table, great for crab dinners and a large outdoor shower. Entrance has a half bath. Second Floor has living room, kitchen, laundry, dining area and 3 bedrooms and 2 full bathrooms. The third floor has an additional living room with a sleep sofa, 3 bedrooms and 2 full bathrooms. A spiral staircase from the 3rd floor leads to the roof top deck. The home comes furnished, ready for move in. Rental agreements must be honored.

Last Agent to Sell the Property

MELISSA BURBAGE

Keller Williams Realty License #RS-0020413 Listed on: 04/28/2021

Keller Williams Realty

Last Buyer's Agent

Tatiana Koushnir

Coldwell Banker Realty License #RS-0025111

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 2000

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Downtown Location
  • North Facing Home
  • Property is in excellent condition

Home Design

  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Sussex Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.08-164.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: House does not come with the furniture, but can possibly be purchased if buyer is interested.
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: One of Bethany’s best rentals. Great investment! Updated home in downtown Bethany Beach 2 and 1/2 blocks from the beach and boardwalk. House has spacious parking underneath as well as 2 driveway parking spots. Home is 3 levels with covered porches and a rooftop deck. Property has proven to be an exceptional rental, but ready for year round living. Under the house is a game room with seating, a large picnic table, great for crab dinners and a large outdoor shower. Entrance has a half bath. Second Floor has living room, kitchen, laundry, dining area and 3 bedrooms and 2 full bathrooms. The third floor has an additional living room with a sleep sofa, 3 bedrooms and 2 full bathrooms. A spiral staircase from the 3rd floor leads to the roof top deck. The home comes furnished, ready for move in. Rental agreements must be honored.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Carpet, Hardwood
  • Interior Amenities: Carpet, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 7180
  • Living Area Sq Ft: 4316
  • Price Per Sq Ft: 463.39
  • Above Grade Finished Sq Ft: 4316
  • Above Grade Unfinished Sq Ft: 2864
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 206

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • 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
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: SUSSEX CENTRAL
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: LORD BALTIMORE
  • High School: SUSSEX CENTRAL
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 125000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5117297
  • Tax Annual Amount: 500.00
  • Assessor Parcel Number: 134-17.08-164.00
  • Close Date: 07/08/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Dec 21, 2022
Sold by
Mcholme Norman E and Mcholme Lucinda
Bought by
Fenstermacher William Chad and Fenstermacher Dawn M
Seller's Agent
Tatiana Koushnir
Coldwell Banker Realty
Buyer's Agent
JENNIFER SMITH
Keller Williams Realty
List Price
$2,100,000
Sold Price
$1,960,000
Premium/Discount to List
-$140,000
-6.67%
Views
64
Current Estimated Value
$2,136,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,095
Avg. Annual Appreciation
4.94%
Original Mortgage
$1,568,000
Outstanding Balance
$1,524,262
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$695,235

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jul 2, 2021
Sold by
206 Ashwood Llc
Bought by
Mcholme Norman E and Mchoolme Lucinda
Seller's Agent
MELISSA BURBAGE
Keller Williams Realty
Buyer's Agent
Tatiana Koushnir
Coldwell Banker Realty
List Price
$1,999,999
Sold Price
$2,024,999
Premium/Discount to List
$25,000
1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.17%
Original Mortgage
$1,619,900
Interest Rate
2.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 10, 2019
Sold by
Padussis Alexander
Bought by
206 Ashwood Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 1999
Bought by
Padussis Annette Maria
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,960,000 --
Deed $2,024,999 None Available
Deed $1,200,000 --
Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,568,000 New Conventional
Previous Owner $1,619,900 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,619,900 Stand Alone Refi Refinance Of Original Loan
Previous Owner $900,000 New Conventional
Previous Owner $700,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $600,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $1,960,000 -6.7% $684 / Sq Ft
10/28/2022 10/28/22 For Sale $2,100,000 +3.7% $733 / Sq Ft
07/08/2021 07/08/21 Sold $2,024,999 +1.3% $469 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $1,999,999 -- $463 / 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 $1,718 $41,550 $11,250 $30,300
2023 $1,716 $41,550 $11,250 $30,300
2022 $1,688 $41,550 $11,250 $30,300
2021 $1,638 $41,550 $11,250 $30,300
2020 $1,563 $41,550 $11,250 $30,300
2019 $1,556 $41,550 $11,250 $30,300
2018 $1,571 $41,550 $0 $0
2017 $1,584 $41,550 $0 $0
2016 $1,396 $41,550 $0 $0
2015 $1,439 $41,550 $0 $0
2014 $1,417 $41,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU181956

Bright MLS

APN: 134-17.08-164.00