NOT LISTED FOR SALE

602 3rd St Bethany Beach, DE 19930

Estimated Value: $1,202,000 - $1,905,974

0.13 Acre
$11,792,262 Price per Acre
5,464 Sq Ft Lot

Last Sold September 18, 2020

Last sale price $345,000

Est. 337% increase in value since last sale

Current estimated payment $8,069/month

42 Days on Market

Highlights

  • Water Oriented
  • Lord Baltimore Elementary School Rated A-
  • No HOA

About This Lot

As of September 2020

Tingles Addition - oversized 5,464 square foot lot in town of Bethany just 8 blocks to the ocean with no builder tie-in or timeframe to build. Ready for your dream home in the popular community of Tingles Addition! Walk or bike to restaurants, shops, and attractions. The ocean is just a short walk or grab the historic Bethany Beach Trolley at one of several stops in the area for a relaxing ride down to the beach and boardwalk! Launch your kayak on the Salt Pond to enjoy a day on the water and bird watching. Get one of the last lots in Tingles Addition today! Start enjoying the Bethany Beach lifestyle!

Last Agent to Sell the Property

Kim Hamer

(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 07/17/2020

Monument Sotheby's International Realty

Last Buyer's Agent

Daniel Dellegrotti

(925) 699-4783 dan.dellegrotti@compass.com Compass License #RS-0023379

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $338

Lot Details

  • 5,464 Sq Ft Lot
  • Lot Dimensions are 48 x 100 x 55 x 89
  • Property is zoned TN

Location

  • Flood Risk

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 134-13.19-8.02

Community Details

Overview

  • No Home Owners Association
  • Tingles Addition Subdivision

Recreation

  • Water Oriented
  • Property is near an ocean

Property Details

Property Type

Land

Est. Annual Taxes

$338

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 68.63

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Water Body Name: Atlantic Ocean and Salt Pond
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • 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: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 48 x 100 x 55 x 89
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5464.00
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5109661
  • School Tax: 122.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 338.00
  • Assessor Parcel Number: 134-13.19-8.02
  • Tax Lot: 55
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 18, 2020
Sold by
Shader Jarrad R
Bought by
Fazzari Michael and Fazzari Deepa
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Daniel Dellegrotti
Compass
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%
Current Estimated Value
$1,507,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,162,406
Avg. Annual Appreciation
32.43%

Purchase Details

Listed on
Jul 2, 2014
Closed on
Sep 24, 2014
Sold by
Gary Gary
Bought by
Shader Jarrad R
Seller's Agent
Nancy Rhodes
RE/MAX Coastal
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$235,000
Sold Price
$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
6.63%
Original Mortgage
$211,500
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fazzari Michael $345,000 None Available
Shader Jarrad R $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shader Jarrad R $211,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2020 09/18/20 Sold $345,000 -8.0% --
08/28/2020 08/28/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $375,000 +59.6% --
09/26/2014 09/26/14 Sold $235,000 0.0% -- View Prior Sale
08/12/2014 08/12/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $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 $3,162 $3,700 $3,700 $0
2024 $1,799 $3,700 $3,700 $0
2023 $153 $3,700 $3,700 $0
2022 $150 $3,700 $3,700 $0
2021 $146 $3,700 $3,700 $0
2020 $139 $3,700 $3,700 $0
2019 $139 $3,700 $3,700 $0
2018 $140 $3,700 $0 $0
2017 $141 $3,700 $0 $0
2016 $124 $3,700 $0 $0
2015 $128 $3,700 $0 $0
2014 $126 $3,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Hamer

    Seller's Agent in 2020

    Kim Hamer

    OCEAN ATLANTIC SOTHEBYS

    (302) 745-9914

    28 in this area

    254 Total Sales

    Kim Hamer
    Section Image

  • N

    Seller's Agent in 2014

    Nancy Rhodes

    RE/MAX

    Section Image
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Map

Source: Bright MLS

MLS Number: DESU164852

Bright MLS

APN: 134-13.19-8.02

Delaware Sussex County Bethany Beach 19930

602 3rd St, Bethany Beach, DE

Not Listed for Sale

Lots

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