NOT LISTED FOR SALE

408 Russell Rd South Bethany, DE 19930

Estimated Value: $330,000 - $710,033

0.19 Acre
$2,842,147 Price per Acre
8,276 Sq Ft Lot

Last Sold July 14, 2021

Last sale price $352,000

Est. 53% increase in value since last sale

Current estimated payment $2,939/month

4 Days on Market

Highlights

  • Lake Privileges
  • Wooded Lot
  • Cul-De-Sac
  • Lord Baltimore Elementary School Rated A-
  • No HOA

About This Lot

As of July 2021

Build your dream beach home on this large lot within walking distance to the beach! Nestled on a quiet cul-de-sac this is the perfect location, tucked away on a quiet street yet close to the beautiful life-guarded South Bethany Beach. Situated in the desirable community of Cat Hill which offers a kayak launch area on the Assawoman Canal so you can paddle out to the bay.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 05/29/2021

Long & Foster Real Estate, Inc.

Co-Listed By

Kiki Hargrove

Long & Foster Real Estate, Inc. License #RS-0020565

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 05/29/2021

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $334

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 107x81x19x95x61
  • Cul-De-Sac
  • Wooded Lot
  • Property is zoned TN

Location

  • Flood Risk

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 134-17.00-153.00

Community Details

Overview

  • No Home Owners Association
  • Cat Hill Subdivision

Recreation

  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$334

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Build your dream beach home on this large lot within walking distance to the beach! Nestled on a quiet cul-de-sac this is the perfect location, tucked away on a quiet street yet close to the beautiful life-guarded South Bethany Beach. Situated in the desirable community of Cat Hill which offers a kayak launch area on the Assawoman Canal so you can paddle out to the bay.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 41.69
  • Street Number Modifier: 408

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Paved
  • 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 Condo Co-Op Amenities: Water/Lake Privileges
  • HOA: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Features: Cul-De-Sac, Trees/Wooded
  • Lot Size Acres: 0.19
  • Lot Dimensions: 107x81x19x95x61
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Possible Use: Residential
  • Year Assessed: 2020
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5112861
  • School Tax: 184.00
  • Tax Annual Amount: 334.00
  • Assessor Parcel Number: 134-17.00-153.00
  • Tax Lot: 76
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/14/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2021
Closed on
Jul 13, 2021
Sold by
Delaney Gloria C
Bought by
Eder Lightner Ft
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$345,000
Sold Price
$352,000
Premium/Discount to List
$7,000
2.03%
Current Estimated Value
$540,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,008
Avg. Annual Appreciation
9.80%
Original Mortgage
$264,000
Interest Rate
2.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 30, 1986
Bought by
Delaney John J and Delaney Gloria C
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
Eder Lightner Ft $352,000 None Available
Delaney John J $72,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eder-Lightner Family Trust $855,000
Closed Eder Lightner Ft $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $352,000 +2.0% --
06/02/2021 06/02/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $345,000 -- --
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
2024 $229 $5,550 $5,550 $0
2023 $229 $5,550 $5,550 $0
2022 $226 $5,550 $5,550 $0
2021 $219 $5,550 $5,550 $0
2020 $209 $5,550 $5,550 $0
2019 $208 $5,550 $5,550 $0
2018 $210 $5,550 $0 $0
2017 $212 $5,550 $0 $0
2016 $186 $5,550 $0 $0
2015 $192 $5,550 $0 $0
2014 $189 $5,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leslie Kopp

    Seller's Agent in 2021

    Leslie Kopp

    Long & Foster

    (302) 542-3917

    87 in this area

    737 Total Sales

    Leslie Kopp
    Section Image
  • Kiki Hargrove

    Seller Co-Listing Agent in 2021

    Kiki Hargrove

    Long & Foster

    (302) 569-2959

    31 in this area

    231 Total Sales

    Kiki Hargrove
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU184100

Bright MLS

APN: 134-17.00-153.00

Delaware Sussex County South Bethany 19930

408 Russell Rd, South Bethany, DE

This home is located at 408 Russell Rd, South Bethany, DE 19930 since 29 May 2021 and is currently estimated at $540,008. 408 Russell 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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