NOT LISTED FOR SALE

408 Collins St Unit 2 Bethany Beach, DE 19930

Estimated Value: $495,000 - $637,000

3 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft Lot Lot

Sale Details

Date Sold: December 28, 2020

Last sale price $401,000 $0 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,516 / mo

10 Days on Market

Highlights

  • Deck
  • Breakfast Area or Nook
  • Bathtub with Shower
  • Lord Baltimore Elementary School Rated A-
  • Screened Patio
  • Outdoor Shower

About This Home

As of December 2020

LOCATION, LOCATION, LOCATION!!!!!! This wonderful beach condo is located walking distance to the beach on a quiet street in Bethany Beach. Spacious 3 BRM & 2 Bath condo. FANTASTIC screened porch and deck. GREAT condition, turn key rental property with terrific rental history.

Last Agent to Sell the Property

Ann Raskauskas

(302) 537-9700 ann@bethanyarearealty.com BETHANY AREA REALTY LLC License #RB-0020092 Listed on: 11/01/2020

Last Buyer's Agent

Kimberly McGuigan

(443) 992-4990 kimberlymcguigan@gmail.com Shore Results Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,221

Lot Details

  • 5,663

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Entry on the 1st floor
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Combination Dining and Living Room
  • Flood Lights

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Outdoor Grill

Location

  • Flood Risk

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • No Septic System

Community Details

  • Association fees include common area maintenance, exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management
  • Low-Rise Community
  • Tara Winds Community

Listing and Financial Details

  • Assessor Parcel Number 134-17.07-92.00-2

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,221

Lot Details

5,663 Sq Ft Lot

HOA Fees

$333 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: Personal items, contents of drawers and closets
  • Inclusions: TO BE SOLD FURNISHED
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 1
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Stall Shower, Tub Shower
  • Levels Count: 2
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Bbq Grill, Flood Lights, Outside Shower
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 4000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High 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: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s), Screened
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5117158
  • School Tax: 459.00
  • Tax Annual Amount: 2221.00
  • Assessor Parcel Number: 134-17.07-92.00-2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: INDIAN RIVER

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
Nov 1, 2020
Closed on
Jan 11, 2021
Sold by
Bought by
Seller's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
Buyer's Agent
Kimberly McGuigan
Shore Results Realty
List Price
$399,900
Sold Price
$401,000
Premium/Discount to List
$1,100
0.28%
Current Estimated Value
$570,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,226
Avg. Annual Appreciation
6.71%
Original Mortgage
$320,800
Outstanding Balance
$286,315
Interest Rate
2.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$283,911

Purchase Details

Closed on
May 6, 1989
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$401,000 None Available
-- --
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 $320,800
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
12/28/2020 12/28/20 Sold $401,000 +0.3% --
11/01/2020 11/01/20 For Sale $399,900 -- --
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 $1,131 $13,850 $0 $13,850
2024 $680 $13,850 $0 $13,850
2023 $679 $13,850 $0 $13,850
2022 $668 $13,850 $0 $13,850
2021 $648 $13,850 $0 $13,850
2020 $619 $13,850 $0 $13,850
2019 $616 $13,850 $0 $13,850
2018 $622 $16,450 $0 $0
2017 $627 $16,450 $0 $0
2016 $553 $16,450 $0 $0
2015 $570 $16,450 $0 $0
2014 $561 $16,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU172382

Bright MLS

APN: 134-17.07-92.00-2

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