NOT LISTED FOR SALE

39676 Tern Rd Bethany Beach, DE 19930

Estimated Value: $3,048,000 - $5,337,000

0.14 Acre
$29,946,429 Price per Acre
6,098 Sq Ft Lot

Last Sold April 08, 2020

Last sale price $1,600,000

Est. 162% increase in value since last sale

Current estimated payment $22,734/month

About This Lot

As of April 2020

This home is located at 39676 Tern Rd, Bethany Beach, DE 19930 since 08 April 2020 and is currently estimated at $4,192,500. 39676 Tern Rd is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

Last Agent to Sell the Property

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 04/08/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 04/08/2020

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,202

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 63.00 x 102.00
  • Property is zoned MR 809, Medium Residential

HOA Fees

  • $130 Monthly HOA Fees

Additional Features

  • Flood Risk
  • Public Hookup Available For Sewer

Community Details

  • $75 Capital Contribution Fee
  • Ocean Village Subdivision

Listing and Financial Details

  • Tax Lot L-1
  • Assessor Parcel Number 134-13.00-1315.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,202

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: Yes
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 277.96

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail, Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 1560.00
  • HOA Fee Frequency: Annually
  • HOA: Yes

Fee Information

  • Capital Contribution Fee: 75.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 63.00 x 102.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Zoning: MR 809
  • Zoning Description: Medium Residential
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5106569
  • School Tax: 1059.00
  • Tax Annual Amount: 1202.00
  • Assessor Parcel Number: 134-13.00-1315.00
  • Tax Lot: L-1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Apr 3, 2020
Sold by
Healy Thomas K
Bought by
Thomas W Wilcox Ret
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%
Current Estimated Value
$4,192,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,592,500
Avg. Annual Appreciation
18.31%
Original Mortgage
$1,200,000
Outstanding Balance
$1,058,996
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$3,133,504

Purchase Details

Listed on
Aug 26, 2015
Closed on
Jan 19, 2016
Sold by
Jelks Doyel Dorothy Lauren and Jelks John Lloyd
Bought by
Healy Thomas K
Seller's Agent
Beth Evans
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Beth Evans
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,195,000
Sold Price
$1,020,000
Premium/Discount to List
-$175,000
-14.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$1,020,000
Interest Rate
3.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 29, 2015
Sold by
Dorothy H Hicks Trust
Bought by
Jelks Doyel Dorothy Lauren and Jelks John Lloyd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Thomas W Wilcox Ret $1,600,000 None Available
Healy Thomas K $1,020,000 None Available
Jelks Doyel Dorothy Lauren -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas W Wilcox Ret $1,200,000
Previous Owner Healy Thomas K $1,020,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2020 04/08/20 Sold $1,600,000 -5.6% --
04/08/2020 04/08/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $1,695,000 +66.2% --
01/19/2016 01/19/16 Sold $1,020,000 -14.6% -- View Prior Sale
01/08/2016 01/08/16 Pending -- -- --
08/26/2015 08/26/15 For Sale $1,195,000 -- --
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
2025 $7,655 $32,100 $15,750 $16,350
2024 $3,653 $32,100 $15,750 $16,350
2023 $3,649 $32,100 $15,750 $16,350
2022 $3,590 $32,100 $15,750 $16,350
2021 $1,265 $32,100 $15,750 $16,350
2020 $1,207 $32,100 $15,750 $16,350
2019 $987 $32,100 $15,750 $16,350
2018 $1,214 $32,100 $0 $0
2017 $1,224 $32,100 $0 $0
2016 $1,078 $32,100 $0 $0
2015 $1,112 $32,100 $0 $0
2014 $1,095 $32,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leslie Kopp

    Seller's Agent in 2020

    Leslie Kopp

    Long & Foster

    (302) 542-3917

    349 in this area

    662 Total Sales

    Leslie Kopp
    Section Image
  • Kiki Hargrove

    Buyer Co-Listing Agent in 2020

    Kiki Hargrove

    Long & Foster

    (302) 569-2959

    112 in this area

    214 Total Sales

    Kiki Hargrove
    Section Image
  • Beth Evans

    Seller's Agent in 2016

    Beth Evans

    BHHS PenFed (actual)

    (302) 249-5200

    11 in this area

    95 Total Sales

    Beth Evans
    Section Image

  • C

    Seller Co-Listing Agent in 2016

    CATHERINE HUGHES

    BHHS PenFed (actual)

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU159426

Bright MLS

APN: 134-13.00-1315.00

Delaware Sussex County Bethany Beach 19930

39676 Tern Rd, Bethany Beach, DE

Not Listed for Sale

Lots

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