NOT LISTED FOR SALE

404 N Ocean Dr Bethany Beach, DE 19930

Estimated Value: $1,524,000 - $3,832,000

4 Beds
3 Baths
-- Sq Ft
6,500 Sq Ft Lot

Last Sold October 02, 2023

Last sale price $2,650,000

Est. 3% increase in value since last sale

Current estimated payment $14,568/month

359 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Ocean View
  • Open Floorplan
  • Lord Baltimore Elementary School Rated A-
  • Sandy Beach
  • Vaulted Ceiling

About This Home

As of October 2023

No rentals currently booked for 2023 summer season but Owner is going to list for rent, so check to assure when and what weeks are booked in the near future. 3/15/23

Last Agent to Sell the Property

Douglas Appling

(302) 236-3821 doug@sandcastlerealty.net SANDCASTLE REALTY INC License #RB-0001768 Listed on: 08/12/2022

Last Buyer's Agent

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,669

Year Built

  • Built in 1984

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50.00 x 130.00
  • 50 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • West Facing Home
  • Zoning described as Single Family Residential

Home Design

  • Saltbox Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Electric Dryer
  • Washer

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Rip-Rap
  • Swimming Allowed

Location

  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Selbeyville Middle School
  • Indian River High School

Utilities

  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Bethany Harbor Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 3
  • Assessor Parcel Number 134-17.20-217.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,669

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Salt Box
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Portable AC floor units not included & window AC units not included New HVAC system to be installed 8/16/22
  • Historic: No
  • Inclusions: As Shown
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-08-12
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Ceramic Tile, Vinyl, Engineered Wood
  • Interior Amenities: Ceiling Fan(s), Dining Area, Floor Plan - Open, Tub Shower, Window Treatments, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stone, Vinyl Siding
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Spa: No
  • View: Ocean
  • Water Access Features: Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Community

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBEYVILLE

Lot Info

  • Lot Features: Rip-Rapped
  • Lot Size Acres: 0.15
  • Lot Dimensions: 50.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6500.00
  • Soil Types: Sandy
  • Zoning: RES
  • Zoning Description: Single Family Residential
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 80400.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • School Tax: 1126.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2669.00
  • Assessor Parcel Number: 134-17.20-217.00
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Sandy Beach, Rip-Rap

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Oct 5, 2023
Sold by
Christopher Channell Revocable Living Tr and Roxanne Channel Revocable Living Trust
Bought by
Hutt Brian M and Hutt Danielle M
Seller's Agent
Douglas Appling
SANDCASTLE REALTY INC
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$2,898,000
Sold Price
$2,650,000
Premium/Discount to List
-$248,000
-8.56%
Views
1210
Current Estimated Value
$2,726,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,444
Avg. Annual Appreciation
1.25%
Original Mortgage
$1,987,500
Outstanding Balance
$1,953,513
Interest Rate
8.75%
Mortgage Type
New Conventional
Estimated Equity
$772,931

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 5, 2021
Sold by
Martha Robert C and Martha Rosemary G
Bought by
Christopher Channell Revocable Living Trust and Roxanne Channell Revocable Living Trust
Seller's Agent
Charles Biddle
SANDCASTLE REALTY INC
Buyer's Agent
Stephen Morgan
Keller Williams Realty
List Price
$2,295,000
Sold Price
$2,345,000
Premium/Discount to List
$50,000
2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$1,687,500
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2010
Closed on
Jan 8, 2013
Sold by
Shpritz Louis and Shpritz Deborah
Bought by
Murtha Robert C and Murtha Rosemary G
Seller's Agent
Douglas Appling
SANDCASTLE REALTY INC
Buyer's Agent
Charles Biddle
SANDCASTLE REALTY INC
List Price
$1,235,000
Sold Price
$1,235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$926,250
Interest Rate
2.67%

Purchase Details

Listed on
Oct 25, 2010
Closed on
Dec 28, 2012
Sold by
Shpritz Louis and Shpritz Deborah
Bought by
Murtha Robert C and Murtha Rosemary G
Seller's Agent
Douglas Appling
SANDCASTLE REALTY INC
Buyer's Agent
Charles Biddle
SANDCASTLE REALTY INC
List Price
$1,235,000
Sold Price
$1,235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$926,250
Interest Rate
2.67%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hutt Brian M $2,650,000 None Listed On Document
Christopher Channell Revocable Living Trust $2,345,000 Mancini Christopher
Murtha Robert C $1,235,000 --
Murtha Robert C $1,235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutt Brian M $1,987,500
Previous Owner Christopher Channell Revocable Living Trust $1,687,500
Previous Owner Murtha Robert C $926,250
Previous Owner Murtha Robert C $926,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2023 10/02/23 Sold $2,650,000 -8.6% --
08/07/2023 08/07/23 Pending -- -- --
08/12/2022 08/12/22 For Sale $2,898,000 +23.6% --
11/05/2021 11/05/21 Sold $2,345,000 +2.2% -- View Prior Sale
09/20/2021 09/20/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $2,295,000 +85.8% --
12/28/2012 12/28/12 Sold $1,235,000 0.0% -- View Prior Sale
12/10/2012 12/10/12 Pending -- -- --
10/25/2010 10/25/10 For Sale $1,235,000 -- --
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 $5,434 $32,200 $19,200 $13,000
2024 $1,331 $32,200 $19,200 $13,000
2023 $1,330 $32,200 $19,200 $13,000
2022 $1,308 $32,200 $19,200 $13,000
2021 $1,269 $32,200 $19,200 $13,000
2020 $1,211 $32,200 $19,200 $13,000
2019 $1,206 $32,200 $19,200 $13,000
2018 $1,218 $32,200 $0 $0
2017 $1,228 $32,200 $0 $0
2016 $1,082 $32,200 $0 $0
2015 $1,115 $32,200 $0 $0
2014 $1,098 $32,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2026976

Bright MLS

APN: 134-17.20-217.00