NOT LISTED FOR SALE

235 Bayshore Dr Unit 76 & 78 Bethany Beach, DE 19930

Estimated Value: $1,078,329 - $1,127,000

0.23 Acre
$4,794,196 Price per Acre
10,006 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $725,000

Est. 52% increase in value since last sale

Current estimated payment $6,048/month

602 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 1 Dock Slip
  • Fishing Allowed
  • Lord Baltimore Elementary School Rated A-
  • Access to Tidal Water
  • 0.23 Acre Lot

About This Lot

As of February 2020

Beautiful bulk headed waterfront lots in Town of South Bethany. Build your dream home or year-round waterfront home and enjoy boating from your back yard and taking short walks to the beach. Seller has two side by side lots to sell for $425,000.00 each (50x100 +/-) or buy both for $770,000.00 and build on a 100x100 +/- waterfront lot. Endless possibilities for investment or pure enjoyment! This fabulous cleared bulk headed lot is ideally situated on a wide canal with excellent boating, fishing, and crabbing from your backyard with easy access to nearby Little Assawoman Bay.

Last Agent to Sell the Property

Kim Hook

RE/MAX Coastal License #RB-0031040 Listed on: 05/17/2018

RE/MAX Coastal

Last Buyer's Agent

Dustin Oldfather

Compass License #RS-0017091

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $641

Lot Details

  • 10,006 Sq Ft Lot
  • Lot Dimensions are 100x100.27x100.08x100.98
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Cleared Lot
  • Property is zoned TOWN CODES, TOWN CODES

Additional Features

  • Canal Views
  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 134-20.07-23.00

Community Details

Overview

  • No Home Owners Association
  • South Bethany Harbor Subdivision

Recreation

  • Fishing Allowed
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a canal
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Bulkhead
  • Swimming Allowed
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock Against Bulkhead
  • Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$641

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Beautiful bulk headed waterfront lots in Town of South Bethany. Build your dream home or year-round waterfront home and enjoy boating from your back yard and taking short walks to the beach. Seller has two side by side lots to sell for $425,000.00 each (50x100 +/-) or buy both for $770,000.00 and build on a 100x100 +/- waterfront lot. Endless possibilities for investment or pure enjoyment! This fabulous cleared bulk headed lot is ideally situated on a wide canal with excellent boating, fishing, and crabbing from your backyard with easy access to nearby Little Assawoman Bay.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 76.95
  • Street Number Modifier: 235

Exterior Features

  • Construction Completed: No
  • View: Canal
  • Water Access Features: Fishing Allowed, Canoe/Kayak, Boat - Powered, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Additional Parcels: No
  • Lot Features: Bulkheaded, Cleared
  • Lot Size Acres: 0.23
  • Lot Size Area: 10521
  • Lot Size Description: ClearAcres: 0.24
  • Lot Dimensions: 100x100.27x100.08x100.98
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10006.00
  • Zoning: TOWN CODES
  • Zoning Description: TOWN CODES
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5119443
  • Tax Annual Amount: 641.00
  • Assessor Parcel Number: 134-20.07-23.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 02/28/2020

Multi Family

  • Federal Flood Zone: Yes
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Feb 20, 2020
Sold by
Edward Bower Lt
Bought by
Wall Brad C and Hoffman Ruth C
Seller's Agent
Kim Hook
RE/MAX Coastal
Buyer's Agent
Dustin Oldfather
Compass
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Current Estimated Value
$1,102,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,665
Avg. Annual Appreciation
10.18%
Source: Public Records

Range of Values:

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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
Wall Brad C $725,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wall Brad C $125,000
Open Hoffman Ruth C $1,725,000
Closed Hoffman Ruth C $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $725,000 -5.8% --
01/09/2020 01/09/20 Pending -- -- --
08/29/2019 08/29/19 Price Changed $770,000 -1.9% --
05/14/2019 05/14/19 Price Changed $785,000 -1.8% --
05/17/2018 05/17/18 For Sale $799,000 -- --
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 $478 $11,550 $10,500 $1,050
2023 $477 $11,550 $10,500 $1,050
2022 $469 $11,550 $10,500 $1,050
2021 $455 $11,550 $10,500 $1,050
2020 $434 $11,550 $10,500 $1,050
2019 $432 $11,550 $10,500 $1,050
2018 $437 $11,550 $0 $0
2017 $440 $11,550 $0 $0
2016 $388 $11,550 $0 $0
2015 $400 $11,550 $0 $0
2014 $394 $11,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001573984

Bright MLS

APN: 134-20.07-23.00