Jim Terrill
RE/MAX One
(302) 248-3797
97 Total Sales
1 in South Bethany
$1,300,000 Price
402 N Ocean Dr Bethany Beach, DE 19930
South Bethany AreaEstimated Value: $1,379,000 - $3,835,000
3
Beds
2
Baths
1,500
Sq Ft
$1,933/Sq Ft
Est. Value
Highlights
- Ocean View
- Deck
- Attic
- Waterfront
- Main Floor Bedroom
- Furnished
About This Home
As of May 2018Lowest priced oceanfront single family home on the market. Priced for quick sale well below lot value based on last lot sale at 904 S. Ocean Drive in 2015. Potential rental income is approximately $56,000/summer (not backed by previous history since owner used several prime weeks for his family and friends). Ever want to own an oceanfront property, this is your best chance and best priced home. MUST SEE! OWNER OFFERING A $25,000 SELLER BONUS!!
Last Agent to Sell the Property
(302) 539-0525 doug@sandcastlerealty.net SANDCASTLE REALTY INC License #RB-0001768 Listed on: 04/17/2017
Last Buyer's Agent
VICKIE YORK
vickie@bethanysbest.com VICKIE YORK AT THE BEACH REALTY
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,815
Year Built
- Built in 1960
Lot Details
- 6,500 Sq Ft Lot
- Lot Dimensions are 50x130
- Waterfront
- Zoning described as MEDIUM RESIDENTIAL
Home Design
- Bungalow
- Architectural Shingle Roof
- Vinyl Siding
- Piling Construction
- Stick Built Home
Interior Spaces
- 1,500 Sq Ft Home
- Property has 2 Levels
- Furnished
- Ceiling Fan
- Insulated Windows
- Window Screens
- Insulated Doors
- Combination Kitchen and Dining Room
- Ocean Views
- Attic
Kitchen
- Electric Oven or Range
- Microwave
- Ice Maker
- Dishwasher
Flooring
- Carpet
- Tile or Brick
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Laundry
- Electric Dryer
- Washer
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Stone Driveway
- Off-Street Parking
Outdoor Features
- Outdoor Shower
- Water Access
- Property is near an ocean
- Balcony
- Deck
Location
- Flood Risk
Utilities
- Central Air
- Baseboard Heating
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 134-17.20-207.00
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2017
Closed on
May 21, 2018
Sold by
Bought by
Seller's Agent
Douglas Appling
SANDCASTLE REALTY INC
Buyer's Agent
VICKIE YORK
VICKIE YORK AT THE BEACH REALTY
List Price
$1,750,000
Sold Price
$1,400,000
Premium/Discount to List
-$350,000
-20%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,498,991
Avg. Annual Appreciation
9.27%
Original Mortgage
$1,120,000
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 23, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bethany Beach, DE
-
Jim Terrill
-
Shaun Tull
Shaun Tull
Jack Lingo - Rehoboth
(302) 253-7645
272 Total Sales
2 in South Bethany
$1,325,000 Price Range
-
Kim Hook
Kim Hook
RE/MAX Coastal
(302) 303-7973
178 Total Sales
8 in South Bethany
$1.1M - $2.1M Price Range
-
Joseph Loughran
Joseph Loughran
Long & Foster Real Estate, Inc.
(240) 839-6012
75 Total Sales
2 in South Bethany
$875K - $1.2M Price Range
-
Dustin Oldfather
Dustin Oldfather
Compass
(302) 393-2276
1,399 Total Sales
7 in South Bethany
$750K - $2.1M Price Range
-
Kathryn Baxter
Kathryn Baxter
Callaway Henderson Sotheby's Int'l-Princeton
(516) 518-7133
126 Total Sales
1 in South Bethany
$1,300,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,400,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,628,000 | ||
| Closed | $1,942,500 | ||
| Closed | $1,120,000 | ||
| Previous Owner | $417,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/21/2018 05/21/18 | Sold | $1,400,000 | -5.1% | $933 / Sq Ft |
| 04/13/2018 04/13/18 | Pending | -- | -- | -- |
| 03/27/2018 03/27/18 | Price Changed | $1,475,000 | -1.3% | $983 / Sq Ft |
| 01/10/2018 01/10/18 | Price Changed | $1,495,000 | -3.5% | $997 / Sq Ft |
| 09/29/2017 09/29/17 | Price Changed | $1,550,000 | -11.4% | $1,033 / Sq Ft |
| 04/17/2017 04/17/17 | For Sale | $1,750,000 | -- | $1,167 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,715 | $32,450 | $24,000 | $8,450 |
| 2024 | $1,342 | $32,450 | $24,000 | $8,450 |
| 2023 | $1,340 | $32,450 | $24,000 | $8,450 |
| 2022 | $1,319 | $32,450 | $24,000 | $8,450 |
| 2021 | $1,279 | $32,450 | $24,000 | $8,450 |
| 2020 | $1,221 | $32,450 | $24,000 | $8,450 |
| 2019 | $1,215 | $32,450 | $24,000 | $8,450 |
| 2018 | $1,227 | $32,450 | $0 | $0 |
| 2017 | $1,237 | $32,450 | $0 | $0 |
| 2016 | $1,090 | $32,450 | $0 | $0 |
| 2015 | $1,124 | $32,450 | $0 | $0 |
| 2014 | $1,107 | $32,450 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Douglas Appling
D
Seller's Agent in 2018
Douglas Appling
SANDCASTLE REALTY INC
(302) 236-3821
19 Total Sales
-
V
Buyer's Agent in 2018
VICKIE YORK
VICKIE YORK AT THE BEACH REALTY
Map
Source: Bright MLS
MLS Number: 1001574888
APN: 134-17.20-207.00
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