NOT LISTED FOR SALE

208 Ocean Rd Unit 208 Bethany Beach, DE 19930

Estimated Value: $1,077,000 - $1,548,000

4 Beds
2.5 Baths
1,340 Sq Ft
$1,015/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $495,000 $369 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $7,495/month

431 Days on Market

Highlights

  • Ocean View
  • Beach
  • Main Floor Bedroom
  • Lord Baltimore Elementary School Rated A-
  • Deck
  • Corner Lot

About This Home

As of February 2014

Steps from the ocean, this 4 bedroom end unit offers spectacular views of the ocean. Located on the corner of Cove and Ocean RD in the quiet community of Tower Shores. Investor alert 1972 never looked so good with Mucho rental income.

Last Agent to Sell the Property

Joseph Maggio

(302) 381-2268 joe@maggiorealty.com Dave McCarthy & Associates, Inc. License #RA-0020900 Listed on: 11/23/2012

Co-Listed By

JOSEPH MAGGIO

joe@maggiorealty.cominactive JOE MAGGIO REALTY

Last Buyer's Agent

BETH BOZMAN

(302) 841-9435 beth.bozman@gmail.com Patterson-Schwartz-Rehoboth License #RS-0021975

Patterson-Schwartz-Rehoboth

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1972

Lot Details

  • Cleared Lot
  • Zero Lot Line

HOA Fees

Parking

  • Assigned Parking

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,340 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Living Room
  • Combination Kitchen and Dining Room
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outbuilding

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-05.00-84.00-208

Community Details

Overview

  • Atlantis II Community
  • Tower Shores Subdivision

Recreation

  • Beach

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Year Built

Built in 1972

Lot Details

0

HOA Fees

$148 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Pilings
  • Level Count: 4
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1340
  • Living Area Sq Ft: 1340
  • Net Sq Ft: 1340.00
  • Price Per Sq Ft: 372.39
  • Above Grade Finished Sq Ft: 1340
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Shingle, Asphalt
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 475.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 1300.00
  • HOA Condo Co-Op Amenities: Beach
  • HOA: Yes

Lot Info

  • Lot Features: Cleared, Zero Lot Line
  • Outdoor Living Structures: Deck(s)

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 30000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5123394
  • Assessor Parcel Number: 134-05.00-84.00-208
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2018
Sold by
Pearson-Carmody Amanda
Bought by
A Pearson Carmody Ret
Current Estimated Value
$1,359,789

Purchase Details

Closed on
Sep 2, 2014
Sold by
Jane M Jane M and Carmody Joseph T
Bought by
Carmody Joseph T and Pearson Carmody Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,725
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
A Pearson Carmody Ret -- --
Carmody Joseph T $492,725 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carmody Joseph T $493,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $495,000 -7.5% $369 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
11/23/2012 11/23/12 For Sale $535,000 -- $399 / 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
2025 $2,331 $33,100 $10,000 $23,100
2024 $1,381 $33,100 $10,000 $23,100
2023 $1,379 $33,100 $10,000 $23,100
2022 $1,357 $33,100 $10,000 $23,100
2021 $1,317 $33,100 $10,000 $23,100
2020 $1,257 $33,100 $10,000 $23,100
2019 $1,251 $33,100 $10,000 $23,100
2018 $1,264 $33,100 $0 $0
2017 $1,262 $33,100 $0 $0
2016 $1,112 $33,100 $0 $0
2015 $1,146 $33,100 $0 $0
2014 $1,129 $33,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Maggio

    Seller's Agent in 2014

    Joseph Maggio

    Dave McCarthy & Associates, Inc.

    (302) 381-2268

    1 in this area

    94 Total Sales

    Joseph Maggio
    Section Image
  • BETH BOZMAN

    Buyer's Agent in 2014

    BETH BOZMAN

    Patterson Schwartz

    (302) 841-9435

    15 Total Sales

    BETH BOZMAN
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000970080

Bright MLS

APN: 134-13.15-108.01

Delaware Sussex County Bethany Beach 19930

208 Ocean Rd Unit 208, Bethany Beach, DE

Not Listed for Sale

Townhouses

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