NOT LISTED FOR SALE

39846 Collins Rd Bethany Beach, DE 19930

Estimated Value: $340,843 - $4,681,000

0.32 Acre
$7,378,003 Price per Acre
13,939 Sq Ft Lot

Last Sold August 20, 2021

Last sale price $1,680,000 $667 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $12,985/month

283 Days on Market

About This Lot

As of August 2021

Here is the perfect opportunity to own and build your dream home in one of the most popular private communities on the beach, Sussex Shores. This 65 x 110 lot is ready for construction... Located 1/2 block from the surf and sand with easy access to the town of Bethany, restaurants, and shops. Sewer and water impact fees may apply.

Last Agent to Sell the Property

Evan Thomas

RE/MAX Coastal License #RS-0019729 Listed on: 10/27/2020

RE/MAX Coastal

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,995

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 130.00 x 110.00
  • Property is zoned MR

HOA Fees

  • $125 Monthly HOA Fees

Location

  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-13.12-34.00

Community Details

Overview

  • Sussex Shores Subdivision

Recreation

  • Oceanside

Property Details

Property Type

Land

Est. Annual Taxes

$1,995

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
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Here is the perfect opportunity to own and build your dream home in one of the most popular private communities on the beach, Sussex Shores. This 65 x 110 lot is ready for construction... Located 1/2 block from the surf and sand with easy access to the town of Bethany, restaurants, and shops. Sewer and water impact fees may apply.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 125.55
  • Street Number Modifier: 39846

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 Sewer
  • 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
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: RS
  • Lot Size Acres: 0.32
  • Lot Dimensions: 130.00 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13939.00
  • Soil Types: Sandy
  • Year Assessed: 2020
  • Zoning: MR
  • 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: 5108659
  • School Tax: 1759.00
  • Tax Annual Amount: 1995.00
  • Assessor Parcel Number: 134-13.12-34.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/20/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Oct 1, 2020
Sold by
Skiba Michael J and Skiba Phyllis M
Bought by
Nemshick Frank J
Seller's Agent
RICK EVANS
Long & Foster Real Estate, Inc.
Buyer's Agent
Nancy Rhodes
RE/MAX Coastal
List Price
$2,675,000
Sold Price
$2,522,500
Premium/Discount to List
-$152,500
-5.7%
Current Estimated Value
$2,301,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$220,942
Avg. Annual Appreciation
5.19%
Original Mortgage
$1,891,875
Outstanding Balance
$1,707,203
Interest Rate
3.1%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,517,130

Purchase Details

Closed on
Mar 22, 2000
Bought by
Skiba Michael J and Skiba Phyllis M
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 Buyer Sale Price Title Company
Nemshick Frank J $2,522,500 None Available
Skiba Michael J $795,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nemshick Frank J $1,891,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $1,680,000 -4.0% $667 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $1,750,000 +4.2% $694 / Sq Ft
04/30/2021 04/30/21 Off Market $1,680,000 -- --
10/27/2020 10/27/20 For Sale $1,750,000 -30.6% $694 / Sq Ft
10/09/2020 10/09/20 Sold $2,522,500 -5.7% $1,001 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $2,675,000 -- $1,062 / 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 $3,093 $53,050 $24,450 $28,600
2023 $3,090 $53,050 $24,450 $28,600
2022 $1,658 $53,050 $24,450 $28,600
2021 $1,608 $53,050 $24,450 $28,600
2020 $1,995 $53,050 $24,450 $28,600
2019 $1,987 $53,050 $24,450 $28,600
2018 $2,006 $53,050 $0 $0
2017 $2,022 $53,050 $0 $0
2016 $2,065 $53,050 $0 $0
2015 $2,120 $53,050 $0 $0
2014 $2,092 $53,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Evan Thomas

    Seller's Agent in 2021

    Evan Thomas

    RE/MAX

    (302) 379-5634

    6 in this area

    53 Total Sales

    Section Image
  • Leslie Kopp

    Buyer's Agent in 2021

    Leslie Kopp

    Long & Foster

    (302) 542-3917

    393 in this area

    750 Total Sales

    Section Image
  • Christi Arndt

    Buyer Co-Listing Agent in 2021

    Christi Arndt

    Long & Foster

    (302) 245-5223

    74 in this area

    124 Total Sales

    Section Image

  • R

    Seller's Agent in 2020

    RICK EVANS

    Long & Foster

    (302) 539-9040

    1 in this area

    3 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    Nancy Rhodes

    RE/MAX

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU172116

Bright MLS

APN: 134-13.12-34.00

Delaware Sussex County Bethany Beach 19930

39846 Collins Rd, Bethany Beach, DE

This home is located at 39846 Collins Rd, Bethany Beach, DE 19930 since 27 October 2020 and is currently estimated at $2,360,961, approximately $936 per square foot. 39846 Collins Rd is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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