NOT LISTED FOR SALE

700 S Ocean Dr Bethany Beach, DE 19930

Estimated Value: $2,921,023 - $3,940,000

4 Beds
2 Baths
-- Sq Ft
6,500 Sq Ft Lot

Last Sold April 28, 2014

Last sale price $1,625,000

Est. 118% increase in value since last sale

Current estimated payment $19,074/month

237 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Contemporary Architecture
  • Lord Baltimore Elementary School Rated A-
  • Deck
  • Sun or Florida Room

About This Home

As of April 2014

This is the best deal Oceanfront single family home on the DE coastline. Fantastic porch overlooking the ocean and 2 sun decks. Spacious 4 bedroom, 2 bath home. Newer kitchen. In South Bethany, The Best Little Beach in Delaware!

Last Agent to Sell the Property

Diane Matera

(302) 539-0525 diane@sandcastlerealty.net SANDCASTLE REALTY INC Listed on: 08/03/2013

Last Buyer's Agent

Russell Stucki

(302) 228-7871 russellstucki@remax.net RE/MAX Realty Group Rehoboth

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,385

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Waterfront

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Living Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Carpet
  • Ocean Views
  • Electric Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Cooktop
  • Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-20.08-191.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,385

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer - Electric, Freezer, Icemaker, Refrigerator, Oven/Range - Gas
  • Flooring Type: Carpet
  • Interior Amenities: Kitchen - Eat-In, Combination Kitchen/Dining, Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Pilings
  • Level Count: 3
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Sun/Florida Room, Additional Bedroom
  • Basement: No

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Area: 6500
  • Lot Dimensions: 50x130
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6500.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5119659
  • Tax Annual Amount: 2385.00
  • Assessor Parcel Number: 134-20.08-191.01
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Kearney John F and Kearney Mary Paula
Bought by
John F Kearney Revocable Trust and Mary Paula Kearney Revocable Trust
Current Estimated Value
$3,535,256

Purchase Details

Listed on
Aug 3, 2013
Closed on
Apr 23, 2014
Sold by
George A George A and Coupe Mona L
Bought by
Kearney John F and Kearney Mary Paula
Seller's Agent
Diane Matera
SANDCASTLE REALTY INC
Buyer's Agent
Russell Stucki
RE/MAX Realty Group Rehoboth
List Price
$1,625,000
Sold Price
$1,625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$1,137,500
Interest Rate
4.42%
Mortgage Type
Unknown
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
John F Kearney Revocable Trust -- None Listed On Document
Kearney John F $1,625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kearney John F $1,137,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2014 04/28/14 Sold $1,625,000 0.0% --
03/28/2014 03/28/14 Pending -- -- --
08/03/2013 08/03/13 For Sale $1,625,000 -- --
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 $7,052 $52,550 $19,200 $33,350
2024 $2,173 $52,550 $19,200 $33,350
2023 $2,171 $52,550 $19,200 $33,350
2022 $2,135 $52,550 $19,200 $33,350
2021 $2,071 $52,550 $19,200 $33,350
2020 $1,977 $52,550 $19,200 $33,350
2019 $1,968 $52,550 $19,200 $33,350
2018 $1,987 $52,550 $0 $0
2017 $2,003 $52,550 $0 $0
2016 $1,765 $52,550 $0 $0
2015 $1,510 $43,600 $0 $0
2014 $1,487 $43,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000975746

Bright MLS

APN: 134-20.08-191.01