NOT LISTED FOR SALE

703 Deer Leap Dr Bethany Beach, DE 19930

Estimated Value: $594,000 - $953,000

0.21 Acre
$3,720,643 Price per Acre
9,197 Sq Ft Lot

Last Sold April 24, 2020

Last sale price $140,000

Est. 597% increase in value since last sale

Current estimated payment $5,282/month

1 Day on Market

Highlights

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

About This Lot

As of April 2020

Located in the prestigious community of the Salt Pond. This desirable over-sized corner parcel is perfect to design your dream home and choose your own builder. Sewer and water impact fees are already paid. Salt Pond is rich in amenities including golf, indoor/outdoor pools, community center, fitness room, tennis courts, basketball court, playground and kayak launch. Optional membership to golf club is available. Less than 3 miles to downtown Bethany Beach, restaurants, and shops.

Last Agent to Sell the Property

Suzanne Macnab

(302) 228-1251 smacbeach@msn.com RE/MAX Coastal License #RS-0012856 Listed on: 03/10/2020

RE/MAX Coastal

Last Buyer's Agent

Russell Stucki

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

RE/MAX Realty Group Rehoboth

Property Details

Property Type

  • Land

Lot Details

  • 9,197 Sq Ft Lot
  • Lot Dimensions are 174.00 x 123.00
  • Corner Lot
  • Property is zoned GR

HOA Fees

  • $59 Monthly HOA Fees

Utilities

  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 134-13.00-1552.00

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, management, pool(s), recreation facility, road maintenance, trash
  • Salt Pond Subdivision

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Lake Privileges

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 15.22

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 Sewer, Public Hook/Up Avail
  • Water Source: Public Hook-Up Available
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 702.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Fitness Center, Jog/Walk Path, Pool - Outdoor, Recreational Center, Swimming Pool, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Road Maintenance, Trash
  • HOA: Yes
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Corner
  • Lot Size Acres: 0.21
  • Lot Dimensions: 174.00 x 123.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9197.00
  • Zoning: GR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5106862
  • Assessor Parcel Number: 134-13.00-1552.00

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Apr 24, 2020
Sold by
P & R M Tavani Roth Ret
Bought by
Lynch Eugene P and Lynch Melanie A
Seller's Agent
Suzanne Macnab
RE/MAX Coastal
Buyer's Agent
Russell Stucki
RE/MAX Realty Group Rehoboth
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$975,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$835,237
Avg. Annual Appreciation
34.99%
Original Mortgage
$100,000
Outstanding Balance
$24,806
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$756,529

Purchase Details

Closed on
May 6, 1992
Bought by
Roth Phillip Robin M Tavani-Roth
Source: Public Records
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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
Lynch Eugene P $140,000 None Available
Roth Phillip Robin M Tavani-Roth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Eugene P $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2020 04/24/20 Sold $140,000 0.0% --
03/11/2020 03/11/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $140,000 -- --
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 $1,482 $4,950 $4,950 $0
2024 $1,333 $4,950 $4,950 $0
2023 $1,332 $4,950 $4,950 $0
2022 $201 $4,950 $4,950 $0
2021 $195 $4,950 $4,950 $0
2020 $186 $4,950 $4,950 $0
2019 $185 $4,950 $4,950 $0
2018 $187 $4,950 $0 $0
2017 $189 $4,950 $0 $0
2016 $166 $4,950 $0 $0
2015 $171 $4,950 $0 $0
2014 $169 $4,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU157336

Bright MLS

APN: 134-13.00-1552.00