$1,020,000
SOLD JAN 19, 2016

39676 Tern Rd Bethany Beach, DE 19930

0.15 Acre
$6,800,000 Price per Acre
6,573 Sq Ft Lot

Recently Sold

15% Below List Price

Highlights

  • Ocean View
  • Lord Baltimore Elementary School Rated A-
  • Corner Lot

About This Lot

As of April 2020

Offering a unique opportunity to build one off the Ocean in North Bethany. This corner 6,500 sqft lot is located along the 24-mile Atlantic Seaboard of Delaware. The new owner has an opportunity to create a custom-designed home to take advantage of the Southern and Eastern Atlantic Views with an easy access walkway to the private, life-guarded beach of Ocean Village. Only a one-mile walk into Bethany Beach!

Last Agent to Sell the Property

Beth Evans

(302) 249-5200 beth@beachbaygolf.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0014021 Listed on: 08/26/2015

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

CATHERINE HUGHES

(302) 537-2616 catherine@beachbaygolf.com Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Beth Evans

(302) 249-5200 beth@beachbaygolf.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0014021 Listed on: 08/26/2015

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,655

Lot Details

  • 6,573 Sq Ft Lot
  • Lot Dimensions are 63x104
  • Corner Lot
  • Zoning described as MEDIUM RESIDENTIAL

HOA Fees

  • $125 Monthly HOA Fees

Additional Features

  • Ocean Views
  • Public Hookup Available For Sewer

Community Details

  • Ocean Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 134-13.00-1315.00

Property Details

Property Type

Land

Est. Annual Taxes

$7,655

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: Offering a unique opportunity to build one off the Ocean in North Bethany. This corner 6,500 sqft lot is located along the 24-mile Atlantic Seaboard of Delaware. The new owner has an opportunity to create a custom-designed home to take advantage of the Southern and Eastern Atlantic Views with an easy access walkway to the private, life-guarded beach of Ocean Village. Only a one-mile walk into Bethany Beach!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 181.80
  • Street Number Modifier: 39676

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Crops Included: No
  • Lot Features: Corner
  • Lot Size Acres: 0.15
  • Lot Size Area: 6573
  • Lot Dimensions: 63x104
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6573.00
  • Zoning Description: MEDIUM RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5106569
  • Assessor Parcel Number: 134-13.00-1315.00
  • County Tax Payment Frequency: Annually
  • Close Date: 01/19/2016

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
$3,254,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,654,160
Avg. Annual Appreciation
13.86%
Original Mortgage
$1,200,000
Outstanding Balance
$1,058,996
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,195,164

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:

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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 Type Sale Price Title Company
Deed $1,600,000 None Available
Deed $1,020,000 None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 New Conventional
Previous Owner $1,020,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
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

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Map

Source: Bright MLS

MLS Number: 1001009730

Bright MLS

APN: 134-13.00-1315.00