NOT LISTED FOR SALE

46 Betts Ave Ocean View, DE 19970

Estimated Value: $1,042,000 - $1,148,000

1.22 Acres
$891,257 Price per Acre
53,143 Sq Ft Lot

Last Sold August 31, 2022

Last sale price $925,000

Est. 18% increase in value since last sale

Current estimated payment $6,332/month

187 Days on Market

Highlights

  • 85 Feet of Waterfront
  • Access to Tidal Water
  • Partially Wooded Lot
  • Lord Baltimore Elementary School Rated A-
  • 1.22 Acre Lot
  • No HOA

About This Lot

As of August 2022

One of the last waterfront lots in the Town of Ocean View, not to mention 1.22 acres. This waterfront premier lot is what you have been looking for to build your dream beach home. Exceptional sunsets all year long! Close to the Bethany Beach, Groceries, and Dining. Start planning your waterfront home that is close to the beaches and bay!

Last Listed By

Evan Thomas

RE/MAX Coastal License #RS-0019729 Listed on: 01/07/2022

RE/MAX Coastal

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,039

Year Built

  • 2023

Lot Details

  • 1.22 Acre Lot
  • 85 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Partially Wooded Lot
  • Tidal Wetland on Lot
  • Property is zoned TN

Location

  • Flood Risk
  • Property is near a creek

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Sussex Central High School

Additional Features

  • Water Views
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot OCEAN
  • Assessor Parcel Number 134-12.00-320.04

Community Details

Overview

  • No Home Owners Association

Recreation

  • Access to Tidal Water
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,039

Year Built

2023

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
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: One of the last waterfront lots in the Town of Ocean View, not to mention 1.22 acres. This waterfront premier lot is what you have been looking for to build your dream beach home. Exceptional sunsets all year long! Close to the Bethany Beach, Groceries, and Dining. Start planning your waterfront home that is close to the beaches and bay!
  • Special Features: None
  • Year Built (Public Record): 2023

Interior Features

  • Price Per Sq Ft: 18.36
  • Street Number Modifier: 46

Exterior Features

  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: White Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 85

Garage/Parking

  • Garage: No

Utilities

  • Water Sewer Hookup Fee: 8725.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: SUSSEX CENTRAL
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: LORD BALTIMORE
  • High School: SUSSEX CENTRAL
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Features: Partly Wooded, Tidal Wetland
  • Lot Size Acres: 1.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 53119.00
  • Year Assessed: 2021
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 22099515
  • School Tax: 175.00
  • Tax Annual Amount: 1038.70
  • Assessor Parcel Number: 134-12.00-320.04
  • Tax Lot: OCEAN
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/31/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2023
Sold by
Regn David E
Bought by
Regn David E
Total Days on Market
187
Current Estimated Value
$1,087,333

Purchase Details

Listed on
Jan 7, 2022
Closed on
Aug 31, 2022
Sold by
Rhodes Nancy H
Bought by
Regn David E and Regn Kellie L
Seller's Agent
Evan Thomas
RE/MAX Coastal
Buyer's Agent
Kellyann Dorfman
TTR Sotheby's International Realty
List Price
$995,000
Sold Price
$925,000
Premium/Discount to List
-$70,000
-7.04%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%

Range of Values:

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Average Value
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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
Regn David E -- None Listed On Document
Regn David E $925,000 Tunnell & Raysor Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regn David E $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $925,000 -5.1% --
07/13/2022 07/13/22 Pending -- -- --
02/22/2022 02/22/22 Price Changed $975,000 -2.0% --
01/07/2022 01/07/22 For Sale $995,000 -- --
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 $2,936 $51,900 $17,800 $34,100
2023 $207 $51,900 $17,800 $34,100
2022 $203 $51,900 $17,800 $34,100
2021 $197 $51,900 $17,800 $34,100
2020 $188 $51,900 $17,800 $34,100
2019 $187 $51,900 $17,800 $34,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2012798

Bright MLS

APN: 134-12.00-320.04