NOT LISTED FOR SALE

302 S Ocean Dr South Bethany, DE 19930

Estimated Value: $535,949 - $3,243,000

8 Beds
6 Baths
1,700 Sq Ft
$1,315/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $1,775,000 $1,044 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $12,750/month

22 Days on Market

Highlights

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

About This Home

As of December 2019

On the beach! This oceanfront 8-bedroom 5-bath home offers newer windows and hardiplank siding. 14x34 2nd floor deck provides a great view of the ocean and plenty of room for outdoor enjoyment. Open kitchen/dining/living area is highlighted by granite counter tops, ss appliances, tile flooring, and gas fireplace. Employees or directors of JPMorgan Chase & Co. and its direct and indirect subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned or serviced by or on behalf of JPMorgan Chase & Co. or its direct and indirect subsidiaries.

Last Agent to Sell the Property

Bethany Drew

Hileman Real Estate-Berlin License #RS0015490 Listed on: 10/02/2019

Last Buyer's Agent

Douglas Appling

SANDCASTLE REALTY INC License #RB-0001768

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,213

Year Built

  • Built in 1986

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00 x 130.00
  • Ocean Front
  • Sandy Beach
  • Property is zoned 364

Parking

  • Driveway

Home Design

  • Coastal Architecture
  • Frame Construction
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 1,700 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Gas Fireplace
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Balcony
  • Deck

Additional Features

  • Flood Risk
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 134-20.08-136.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,213

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • 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: 1986
  • Remarks Public: On the beach! This oceanfront 8-bedroom 5-bath home offers newer windows and hardiplank siding. 14x34 2nd floor deck provides a great view of the ocean and plenty of room for outdoor enjoyment. Open kitchen/dining/living area is highlighted by granite counter tops, ss appliances, tile flooring, and gas fireplace. Employees or directors of JPMorgan Chase & Co. and its direct and indirect subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned or serviced by or on behalf of JPMorgan Chase & Co. or its direct and indirect subsidiaries.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Upgraded Countertops
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1700
  • Living Area Sq Ft: 1700
  • Price Per Sq Ft: 1033.82
  • Above Grade Finished Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 302

Beds/Baths

  • Bedrooms: 8
  • Main Level Bedrooms: 3
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Hardiplank Type
  • View: Ocean
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: RS
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Year Assessed: 2019
  • Zoning: 364
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5119590
  • School Tax: 1950.00
  • Tax Annual Amount: 2213.07
  • Assessor Parcel Number: 134-20.08-136.01
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 1700
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 12/13/2019

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
Oct 2, 2019
Closed on
Oct 31, 2019
Sold by
Deutsche Bk Natl T Co Tr
Bought by
Crampton Jeffrey
Seller's Agent
Bethany Drew
Hileman Real Estate-Berlin
Buyer's Agent
Douglas Appling
SANDCASTLE REALTY INC
List Price
$1,757,500
Sold Price
$1,775,000
Premium/Discount to List
$17,500
1%
Total Days on Market
22
Current Estimated Value
$2,234,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,983
Avg. Annual Appreciation
9.64%
Original Mortgage
$1,597,322
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 3, 2019
Sold by
Hines Helene
Bought by
Deutsche Bank Natl T Co

Purchase Details

Closed on
May 29, 2013
Sold by
302 S Ocean Drive Llc
Bought by
Kennedy George Edward
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
Crampton Jeffrey $1,775,000 None Available
Deutsche Bank Natl T Co $2,332,951 --
Kennedy George Edward -- --
Kennedy George Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crampton Jeffrey $1,597,322
Previous Owner Kennedy George $75,000
Previous Owner Kennedy George $1,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $1,775,000 +1.0% $1,044 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $1,757,500 -- $1,034 / 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 $2,444 $59,100 $24,000 $35,100
2023 $2,441 $59,100 $24,000 $35,100
2022 $2,402 $59,100 $24,000 $35,100
2021 $2,330 $59,100 $24,000 $35,100
2020 $2,223 $59,100 $24,000 $35,100
2019 $2,213 $59,100 $24,000 $35,100
2018 $2,235 $59,100 $0 $0
2017 $2,253 $59,100 $0 $0
2016 $1,985 $59,100 $0 $0
2015 $1,991 $57,500 $0 $0
2014 $1,961 $57,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU149122

Bright MLS

APN: 134-20.08-136.01