NOT LISTED FOR SALE

416 Salt Pond Rd Unit 18 Bethany Beach, DE 19930

Estimated Value: $498,648 - $1,219,000

0.33 Acre
$2,883,824 Price per Acre
14,375 Sq Ft Lot

Last Sold September 29, 2017

Last sale price $115,000

Est. 728% increase in value since last sale

Current estimated payment $5,497/month

5 Days on Market

Highlights

  • Pier or Dock
  • Water Access
  • Wooded Lot
  • Lord Baltimore Elementary School Rated A-
  • Lake Privileges

About This Lot

As of September 2017

Prime Residential Building Lot in Quiet Waterfront Community with Community Pier on the Salt Pond. Short Ride to Bethany Beach & Boardwalk and James Farm Ecological Preserve! Excellent Location without Town Taxes- Only County Property Taxes! Sewer Impact Fees are Paid.

Last Agent to Sell the Property

Allison Stine

Northrop Realty License #RA-0031128 Listed on: 07/05/2017

Northrop Realty

Co-Listed By

JIM BARNES

Northrop Realty

Last Buyer's Agent

Bill Cullin

Long & Foster Real Estate, Inc. License #RS0018675

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,647

Year Built

  • 2018

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 204x75x199x75
  • Wooded Lot
  • Zoning described as MEDIUM RESIDENTIAL

HOA Fees

  • $33 Monthly HOA Fees

Utilities

  • Well Required
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 134-13.00-868.00

Community Details

Overview

  • Pond Acres Subdivision

Recreation

  • Pier or Dock
  • Water Access
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$1,647

Year Built

2018

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Remarks Public: Prime Residential Building Lot in Quiet Waterfront Community with Community Pier on the Salt Pond. Short Ride to Bethany Beach & Boardwalk and James Farm Ecological Preserve! Excellent Location without Town Taxes- Only County Property Taxes! Sewer Impact Fees are Paid.
  • Special Features: None
  • Year Built (Public Record): 2018

Interior Features

  • Price Per Sq Ft: 8.00
  • Street Number Modifier: 416

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System, Public Hook/Up Avail
  • Water Source: Well Required

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pier/Dock, Water/Lake Privileges
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Crops Included: No
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.33
  • Lot Dimensions: 204x75x199x75
  • Lot Size Units: Acres
  • Lot Sq Ft: 14375.00
  • Zoning Description: MEDIUM RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5108399
  • Assessor Parcel Number: 134-13.00-868.00
  • County Tax Payment Frequency: Annually
  • Close Date: 09/29/2017

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2022
Sold by
Carroll Michael J
Bought by
Bethany Beach Rei Llc
Total Days on Market
5
Current Estimated Value
$951,662

Purchase Details

Closed on
Oct 10, 2018
Sold by
Carroll William F and Carroll Rosemary B
Bought by
Carroll Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,642
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2017
Closed on
Sep 6, 2017
Sold by
Doris Patricia Zook Rev Trust
Bought by
Carroll Michael J and Carroll Rosemary B
Seller's Agent
Allison Stine
Northrop Realty
Buyer's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.72%
Original Mortgage
$103,500
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 1998
Bought by
Zook Horace Wendell and Doris Patrici
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
Bethany Beach Rei Llc -- Susan Pittard Weidman Pa
Carroll Michael J -- --
Carroll Michael J $115,000 None Available
Zook Horace Wendell $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carroll Michael J $376,568
Previous Owner Carroll Michael J $373,000
Previous Owner Carroll Michael J $309,642
Previous Owner Carroll Michael J $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $115,000 0.0% --
07/10/2017 07/10/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $115,000 -- --
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 $1,647 $4,000 $4,000 $0
2023 $1,670 $4,000 $4,000 $0
2022 $1,606 $4,000 $4,000 $0
2021 $1,564 $4,000 $4,000 $0
2020 $1,533 $4,000 $4,000 $0
2019 $1,539 $4,000 $4,000 $0
2018 $405 $4,000 $0 $0
2017 $407 $4,000 $0 $0
2016 $389 $4,000 $0 $0
2015 $393 $4,000 $0 $0
2014 $391 $4,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001031228

Bright MLS

APN: 134-13.00-868.00