NOT LISTED FOR SALE

402 Bay Front Rd Broadkill Beach, DE 19968

Estimated Value: $858,000 - $1,113,000

0.1 Acre
$9,933,330 Price per Acre
4,356 Sq Ft Lot

Last Sold February 22, 2022

Last sale price $485,000

Est. 105% increase in value since last sale

Current estimated payment $5,429/month

34 Days on Market

Highlights

  • 48 Feet of Waterfront
  • H.O. Brittingham Elementary School Rated A-
  • No HOA

About This Lot

As of February 2022

Rare waterfront lot on Broadkill Beach -- bring your imagination to design and build your waterfront dream home overlooking the Delaware Bay with its amazing sunrises. Beach is well preserved in this area of Broadkill allowing for easy beach access. Building footprint allows for construction of an approximately 40' x 40' home - or 1600 sq ft per floor. With building height up to 42', a structure of 2-3 floors totaling +/- 3000 sq ft, with ability to cantilever approximately 39' over DNREC building line for additional deck area. Site evaluation completed as well. Great location in this mature area of Broadkill to enjoy nature at its finest.

Last Agent to Sell the Property

Laurie Bronstein

Berkshire Hathaway HomeServices PenFed Realty Listed on: 11/30/2021

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Terry Coleman

Berkshire Hathaway HomeServices PenFed Realty License #RS-0024573

Last Buyer's Agent

Michelle Anderson

Coldwell Banker Premier - Seaford License #5011198

Coldwell Banker Premier - Seaford

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $155

Year Built

  • 2024

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 47.00 x 100.00
  • 48 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Property is zoned GR

Additional Features

  • Flood Risk
  • Not Applied For Permit

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 235-04.17-22.00

Community Details

Overview

  • No Home Owners Association
  • Broadkill Beach Subdivision

Recreation

  • Water Access
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$155

Year Built

2024

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Rare waterfront lot on Broadkill Beach -- bring your imagination to design and build your waterfront dream home overlooking the Delaware Bay with its amazing sunrises. Beach is well preserved in this area of Broadkill allowing for easy beach access. Building footprint allows for construction of an approximately 40' x 40' home - or 1600 sq ft per floor. With building height up to 42', a structure of 2-3 floors totaling +/- 3000 sq ft, with ability to cantilever approximately 39' over DNREC building line for additional deck area. Site evaluation completed as well. Great location in this mature area of Broadkill to enjoy nature at its finest.
  • Special Features: None
  • Year Built (Public Record): 2024

Interior Features

  • Price Per Sq Ft: 114.55
  • Street Number Modifier: 402

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: Delaware Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No
  • Water Frontage In Feet: 48

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Not Applied For Permit
  • Water Source: Private

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Size Acres: 0.10
  • Lot Dimensions: 47.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Year Assessed: 2020
  • Zoning: GR
  • 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: 5177816
  • School Tax: 140.00
  • Tax Annual Amount: 155.00
  • Assessor Parcel Number: 235-04.17-22.00
  • Tax Lot: 18
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/22/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Feb 16, 2022
Sold by
Heidy Kelley
Bought by
White John P and White Lisa M
Seller's Agent
Laurie Bronstein
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Michelle Anderson
Coldwell Banker Premier - Seaford
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Total Days on Market
34
Current Estimated Value
$993,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,333
Avg. Annual Appreciation
24.27%
Original Mortgage
$270,000
Interest Rate
3.55%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 2, 2020
Closed on
May 24, 2021
Sold by
Hearn William D and Cawley Martha H
Bought by
Kelley Heidy
Seller's Agent
Laurie Bronstein
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Laurie Bronstein
Berkshire Hathaway HomeServices PenFed Realty
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.94%

Purchase Details

Closed on
Dec 15, 1996
Bought by
Hearn William Douglas and Hearn Martha
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
White John P $485,000 May & Perza Pa
Kelley Heidy $375,000 None Available
Hearn William Douglas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White John P $948,615
Closed White John P $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $485,000 -2.8% --
01/03/2022 01/03/22 Pending -- -- --
11/30/2021 11/30/21 For Sale $499,000 +33.1% --
06/04/2021 06/04/21 Sold $375,000 -5.1% --
03/13/2021 03/13/21 Pending -- -- --
02/03/2021 02/03/21 Price Changed $395,000 -1.0% --
11/09/2020 11/09/20 Price Changed $399,000 0.0% --
11/09/2020 11/09/20 For Sale $399,000 +6.4% --
10/02/2020 10/02/20 For Sale $375,000 -- --
09/30/2020 09/30/20 Pending -- -- --
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 $1,885 $3,300 $3,300 $0
2023 $163 $3,300 $3,300 $0
2022 $157 $3,300 $3,300 $0
2021 $155 $3,300 $3,300 $0
2020 $155 $3,300 $3,300 $0
2019 $155 $3,300 $3,300 $0
2018 $0 $3,300 $0 $0
2017 $139 $3,300 $0 $0
2016 $132 $3,300 $0 $0
2015 $126 $3,300 $0 $0
2014 $125 $3,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laurie Bronstein

    Seller's Agent in 2022

    Laurie Bronstein

    BHHS PenFed (actual)

    (302) 745-2626

    39 in this area

    88 Total Sales

    Laurie Bronstein
    Section Image
  • Terry Coleman

    Seller Co-Listing Agent in 2022

    Terry Coleman

    BHHS PenFed (actual)

    (267) 218-1330

    25 in this area

    54 Total Sales

    Terry Coleman
    Section Image
  • Michelle Anderson

    Buyer's Agent in 2022

    Michelle Anderson

    Coldwell Banker Premier - Seaford

    (281) 851-7914

    1 in this area

    35 Total Sales

    Michelle Anderson
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2010100

Bright MLS

APN: 235-04.17-22.00

Delaware Sussex County 19968

402 Bay Front Rd, DE

This home is located at 402 Bay Front Rd, Broadkill Beach, DE 19968 since 30 November 2021 and is currently estimated at $993,333. This property was built in 2024. 402 Bay Front Rd is a home located in Sussex County with nearby schools including H.O. Brittingham Elementary School, Beacon Middle School, and Cape Henlopen High School.

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