NOT LISTED FOR SALE

Estimated Value: $1,702,000 - $2,716,000

6 Beds
4.5 Baths
3,927 Sq Ft
$547/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $910,000 $232 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $11,431/month

782 Days on Market

Highlights

  • Beach
  • Coastal Architecture
  • Attic
  • Lord Baltimore Elementary School Rated A-
  • Deck
  • Corner Lot

About This Home

As of May 2017

New Price!! Best Buy East of Rt. 1. Walk to the beach, local businesses, restaurants, and the boardwalk. 2 master bedrooms, elevator and tons of room! 2nd block from the beach! Great investment opportunity! $50k+ per season! No highway to cross! Lots of off-street parking! Inverted floor plan. Ocean visible from top deck! The time is right to invest in Real Estate in Bethany Beach!

Last Agent to Sell the Property

MICKEY DOWNES

(302) 539-1777 mickey.downes@cbmove.com Coldwell Banker Realty Listed on: 01/17/2015

Coldwell Banker Realty

Last Buyer's Agent

MICKEY DOWNES

(302) 539-1777 mickey.downes@cbmove.com Coldwell Banker Realty Listed on: 01/17/2015

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,380

Year Built

  • Built in 2003

Lot Details

  • Corner Lot
  • Sprinkler System

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,927 Sq Ft Home
  • Property has 3 Levels
  • Inverted Floor Plan
  • Furnished
  • Ceiling Fan
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Basement
  • Sump Pump
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck

Location

  • Flood Risk

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-13.15-135.01

Community Details

Recreation

  • Beach

Additional Features

  • No Home Owners Association
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,380

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Inverted Floorplan
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer, Water Heater
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Ceiling Fan(s), Elevator
  • Fireplace: No
  • Foundation Details: Pilings
  • Level Count: 3
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Great Room, Storage Room, Additional Bedroom
  • Basement: Yes
  • Basement Type: Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 3927
  • Living Area Sq Ft: 3927
  • Net Sq Ft: 3927.00
  • Price Per Sq Ft: 254.39
  • Above Grade Finished Sq Ft: 3927
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway, Paved Driveway, Under Home Parking
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: No

Lot Info

  • Outdoor Living Structures: Deck(s)
  • In City Limits: Yes

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Yes
  • Ground Rent Pymnt Freq: Annually
  • Total Actual Rent: 50000.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3380.00
  • Assessor Parcel Number: 134-13.15-135.01
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2015
Closed on
May 5, 2017
Sold by
The Carshali V Patel Rev Trust Dated Aug
Bought by
Ferrell Kathleen D and Ferrelli William C
Seller's Agent
MICKEY DOWNES
Coldwell Banker Realty
Buyer's Agent
MICKEY DOWNES
Coldwell Banker Realty
List Price
$910,000
Sold Price
$910,000
Current Estimated Value
$2,147,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,237,655
Avg. Annual Appreciation
10.35%
Original Mortgage
$682,500
Outstanding Balance
$567,583
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,580,072

Purchase Details

Closed on
Aug 27, 2003
Bought by
Patel and Patel Vijay H
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 Buyer Sale Price Title Company
Ferrell Kathleen D $910,000 None Available
Patel $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrell Kathleen D $682,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $910,000 0.0% $232 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
01/17/2015 01/17/15 For Sale $910,000 -- $232 / 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 $3,742 $57,350 $12,750 $44,600
2024 $2,371 $57,350 $12,750 $44,600
2023 $2,369 $57,350 $12,750 $44,600
2022 $2,330 $57,350 $12,750 $44,600
2021 $2,261 $57,350 $12,750 $44,600
2020 $2,157 $57,350 $12,750 $44,600
2019 $2,148 $57,350 $12,750 $44,600
2018 $2,168 $57,350 $0 $0
2017 $2,186 $57,350 $0 $0
2016 $1,927 $57,350 $0 $0
2015 $2,010 $57,350 $0 $0
2014 $1,980 $57,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001002506

Bright MLS

APN: 134-13.15-135.01