NOT LISTED FOR SALE

617 Bethany Loop Bethany Beach, DE 19930

Estimated Value: $734,000 - $951,000

0.25 Acre
$3,337,332 Price per Acre
10,890 Sq Ft Lot

Last Sold December 31, 2020

Last sale price $259,000

Est. 222% increase in value since last sale

Current estimated payment $4,627/month

96 Days on Market

Highlights

  • Fitness Center
  • Lake Privileges
  • Community Indoor Pool
  • Lord Baltimore Elementary School Rated A-
  • Clubhouse
  • Tennis Courts

About This Lot

As of December 2020

Cleared lot ready for your builder in popular golf and residential community of The Salt Pond. Short walk to the community center for indoor and outdoor pools, tennis, pickle ball, shuffleboard, and playground for the kids. Community water access to the 90 acres Salt Pond for canoes and kayaks. Only a short mile to the ocean, beaches, restaurants and stores of Bethany Beach.

Last Agent to Sell the Property

Joanne Young

Compass Listed on: 07/07/2020

Compass

Last Buyer's Agent

Carrie Lingo

Jack Lingo - Lewes License #RS-0017885

Jack Lingo - Lewes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $226

Year Built

  • 2022

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75.00 x 150.00
  • Cleared Lot
  • Property is zoned MR

HOA Fees

  • $58 Monthly HOA Fees

Location

  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Indian Riv High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 280
  • Assessor Parcel Number 134-13.00-1514.00

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, management, pool(s), recreation facility, road maintenance, snow removal
  • Salt Pond Homeowners Association, Phone Number (302) 539-1283
  • Salt Pond Subdivision

Amenities

  • Clubhouse
  • Community Center

Recreation

  • Tennis Courts
  • Volleyball Courts
  • Shuffleboard Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$226

Year Built

2022

Lot Details

0

HOA Fees

$58 per month

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: Cleared lot ready for your builder in popular golf and residential community of The Salt Pond. Short walk to the community center for indoor and outdoor pools, tennis, pickle ball, shuffleboard, and playground for the kids. Community water access to the 90 acres Salt Pond for canoes and kayaks. Only a short mile to the ocean, beaches, restaurants and stores of Bethany Beach.
  • Special Features: None
  • Year Built (Public Record): 2022

Interior Features

  • Price Per Sq Ft: 24.78
  • Street Number Modifier: 617

Exterior Features

  • Construction Completed: No
  • 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 Hook/Up Avail
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public Hook-Up Available
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 695.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Club House, Community Center, Exercise Room, Hot Tub, Pool - Indoor, Pool - Outdoor, Shuffleboard, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Road Maintenance, Snow Removal
  • HOA Name: SALT POND HOMEOWNERS ASSOCIATION
  • HOA Phone: 302-539-1283
  • HOA: Yes
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIV
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIV

Lot Info

  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Features: Cleared
  • Lot Size Acres: 0.25
  • Lot Dimensions: 75.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Possible Use: Residential
  • Year Assessed: 2020
  • Zoning: MR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5106799
  • School Tax: 199.00
  • Tax Annual Amount: 226.00
  • Assessor Parcel Number: 134-13.00-1514.00
  • Tax Lot: 280
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/31/2020

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Dec 24, 2020
Sold by
Ferrara Anthony and Ferrara Patricia A
Bought by
Downie-Brockman Kenneth and Pyrch Debra A
Seller's Agent
Joanne Young
Compass
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$269,900
Sold Price
$259,000
Premium/Discount to List
-$10,900
-4.04%
Total Days on Market
96
Current Estimated Value
$834,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,333
Avg. Annual Appreciation
28.57%
Original Mortgage
$233,100
Interest Rate
4.1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 27, 2019
Sold by
Building Concepts Of Amer
Bought by
Ferrara Anthony and Ferrara Patricia A
Source: Public Records

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
Downie-Brockman Kenneth $259,000 None Available
Ferrara Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brockman Kenneth Downie $768,000
Previous Owner Downie-Brockman Kenneth $233,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $259,000 -4.0% --
10/11/2020 10/11/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $269,900 -- --
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 $1,691 $6,000 $6,000 $0
2023 $1,689 $6,000 $6,000 $0
2022 $244 $6,000 $6,000 $0
2021 $235 $6,000 $6,000 $0
2020 $226 $6,000 $6,000 $0
2019 $225 $6,000 $6,000 $0
2018 $227 $6,000 $0 $0
2017 $229 $6,000 $0 $0
2016 $202 $6,000 $0 $0
2015 $208 $6,000 $0 $0
2014 $205 $6,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU164052

Bright MLS

APN: 134-13.00-1514.00