NOT LISTED FOR SALE

302 W 5th St Bethany Beach, DE 19930

Estimated Value: $794,618 - $1,272,000

4 Beds
2 Baths
1,296 Sq Ft
$819/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $685,000 $529 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,012/month

248 Days on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Open Floorplan
  • Lord Baltimore Elementary School Rated A-
  • Access to Tidal Water
  • Canal View

About This Home

As of July 2020

This remarkable coastal style cottage, loaded with character and charm, offers 4 spacious bedrooms and 2 baths, located in the beautiful town of South Bethany.Tongue and groove ceilings throughout with deluxe beam system, two brick fireplaces, inlaid oak hardwood floors, ceramic tiles, stainless steel oven/range, microwave and dishwasher. The outdoor living space features a large paver patio and walkway, perfect for entertaining guests or enjoying life on the water. Wrap around deck with outside shower. Storage space for kayaks and your beach equipment. Being sold Furnished. Don't miss this rare opportunity to own a gem in South Bethany!

Last Agent to Sell the Property

Trevor Clark

1ST CHOICE PROPERTIES LLC License #RA-0020681 Listed on: 10/01/2019

Co-Listed By

ABBY CLARK

1ST CHOICE PROPERTIES LLC

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,564

Year Built

  • Built in 1971

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Home fronts navigable water
  • Home fronts a canal
  • West Facing Home
  • Extensive Hardscape
  • Property is in good condition
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Bungalow
  • Foundation Flood Vent
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,296 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Family Room
  • Dining Room
  • Canal Views
  • Crawl Space
  • Flood Lights

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Electric Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a canal
  • Personal Watercraft
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Powered Boats Permitted
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • 220 Volts
  • 200+ Amp Service
  • Propane
  • Municipal Trash
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Bethany Harbor Subdivision

Listing and Financial Details

  • Tax Lot 159
  • Assessor Parcel Number 134-17.19-22.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,564

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Bungalow
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: personal items, dry sink on 2nd floor
  • Home Warranty: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-10-01
  • Federal Flood Zone: Yes
  • Year Built: 1971
  • Remarks Public: This remarkable coastal style cottage, loaded with character and charm, offers 4 spacious bedrooms and 2 baths, located in the beautiful town of South Bethany.Tongue and groove ceilings throughout with deluxe beam system, two brick fireplaces, inlaid oak hardwood floors, ceramic tiles, stainless steel oven/range, microwave and dishwasher. The outdoor living space features a large paver patio and walkway, perfect for entertaining guests or enjoying life on the water. Wrap around deck with outside shower. Storage space for kayaks and your beach equipment. Being sold Furnished. Don't miss this rare opportunity to own a gem in South Bethany!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer - Electric, Washer, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Built-In Microwave, Dryer, Exhaust Fan, Oven - Self Cleaning, Oven - Single
  • Entry Floor: 1
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Exposed Beams, Built-Ins, Carpet, Breakfast Area, Stall Shower, Tub Shower, Wood Floors, Combination Dining/Living, Floor Plan - Open
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass, Insulated
  • Wall Ceiling Types: Vaulted Ceilings, Wood Ceilings
  • Foundation Details: Block, Crawl Space, Flood Vent
  • Levels Count: 2
  • Room List: Dining Room, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1296
  • Living Area Sq Ft: 1296
  • Price Per Sq Ft: 540.12
  • Above Grade Finished Sq Ft: 1296
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 302

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Block
  • Exterior Features: Outside Shower, Secure Storage, Sidewalks, Bbq Grill, Extensive Hardscape, Exterior Lighting, Flood Lights
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • Spa: No
  • View: Canal, Water
  • Water Access Features: Private Access, Boat - Powered, Canoe/Kayak, Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, 220 Volts
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Dsl Available, Phone Available, Propane, Sewer Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s)
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5118003
  • School Tax: 817.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1563.58
  • Assessor Parcel Number: 134-17.19-22.02
  • Tax Lot: 159
  • Tax Total Finished Sq Ft: 1296
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/06/2020

Multi Family

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

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2023
Sold by
Colyn Margaret A
Bought by
Lynn Margot and Lynn Patrick
Total Days on Market
248
Current Estimated Value
$1,060,905

Purchase Details

Listed on
Oct 1, 2019
Closed on
Jul 6, 2020
Sold by
Caddell Lt
Bought by
Colyn Peter E and Colyn Margaret A
Seller's Agent
Trevor Clark
1ST CHOICE PROPERTIES LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$750,000
Sold Price
$685,000
Premium/Discount to List
-$65,000
-8.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%

Purchase Details

Closed on
May 2, 2017
Sold by
Caddell Judith and Caddell Ray L
Bought by
Caddell Living Trust Dated May 2 2017
Source: Public Records

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Range of Values:

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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
Lynn Margot -- None Listed On Document
Colyn Peter E $685,000 None Available
Caddell Living Trust Dated May 2 2017 -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2020 07/06/20 Sold $685,000 -2.1% $529 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
05/30/2020 05/30/20 Price Changed $700,000 -4.0% $540 / Sq Ft
05/06/2020 05/06/20 Price Changed $729,000 -1.5% $563 / Sq Ft
02/15/2020 02/15/20 Price Changed $740,000 -1.3% $571 / Sq Ft
02/15/2020 02/15/20 For Sale $750,000 +9.5% $579 / Sq Ft
12/09/2019 12/09/19 Off Market $685,000 -- --
11/05/2019 11/05/19 Price Changed $750,000 -2.6% $579 / Sq Ft
10/01/2019 10/01/19 For Sale $770,000 -- $594 / 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 $1,023 $24,750 $5,000 $19,750
2023 $1,022 $24,750 $5,000 $19,750
2022 $1,006 $24,750 $5,000 $19,750
2021 $976 $24,750 $5,000 $19,750
2020 $931 $24,750 $5,000 $19,750
2019 $927 $24,750 $5,000 $19,750
2018 $936 $24,750 $0 $0
2017 $944 $24,750 $0 $0
2016 $831 $24,750 $0 $0
2015 $881 $24,750 $0 $0
2014 $868 $24,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU148840

Bright MLS

APN: 134-17.19-22.02