NOT LISTED FOR SALE

704 S Ocean Dr Bethany Beach, DE 19930

Estimated Value: $2,439,000 - $2,766,000

5 Beds
3 Baths
1,768 Sq Ft
$1,444/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $1,595,000 $902 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $14,795/month

48 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Ocean View
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • No HOA

About This Home

As of September 2018

Oceanfront beach retreat with panoramic views up and down the coast. This spacious 5 bedroom home features a stunning great room with exposed wood beams, sizable oceanfront deck and a loft that adds extra sleeping space or a great play area. This inviting open design is perfect for entertaining large gatherings of friends and family at the beach. Enjoy the convenience of having access to an uncrowded life-guarded beach directly from your deck and 2 garages allow for plenty of parking and storage space. Offered fully furnished, this property is ready to be enjoyed or would be an exceptional investment property with a strong rental history. Located in South Bethany, well known for it s beautiful wide beach and just a short drive to downtown Bethany s shops, restaurants and boardwalk.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 06/08/2018

Long & Foster Real Estate, Inc.

Co-Listed By

Kiki Hargrove

Long & Foster Real Estate, Inc. License #RS-0020565

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 06/08/2018

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,560

Year Built

  • Built in 1976

Lot Details

  • 6,499 Sq Ft Lot
  • Lot Dimensions are 50x130
  • 50 Feet of Waterfront
  • Home fronts navigable water

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Stick Built Home

Interior Spaces

  • 1,768 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Down Draft Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean

Utilities

  • Central Heating and Cooling System
  • 440 Volts
  • Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot -192.01
  • Assessor Parcel Number 1-34-20.08-192.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,560

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1976
  • Remarks Public: Oceanfront beach retreat with panoramic views up and down the coast. This spacious 5 bedroom home features a stunning great room with exposed wood beams, sizable oceanfront deck and a loft that adds extra sleeping space or a great play area. This inviting open design is perfect for entertaining large gatherings of friends and family at the beach. Enjoy the convenience of having access to an uncrowded life-guarded beach directly from your deck and 2 garages allow for plenty of parking and storage space. Offered fully furnished, this property is ready to be enjoyed or would be an exceptional investment property with a strong rental history. Located in South Bethany, well known for it s beautiful wide beach and just a short drive to downtown Bethany s shops, restaurants and boardwalk.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Primary Bath(s)
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1768
  • Living Area Sq Ft: 1768
  • Price Per Sq Ft: 902.15
  • Above Grade Finished Sq Ft: 1768
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 704

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Spa: No
  • 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
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 440 Volts
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 50x130
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6499.00
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5119661
  • School Tax: 1483.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2559.83
  • Assessor Parcel Number: 1-34-20.08-192.01
  • Tax Lot: -192.01
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 09/28/2018

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2019
Sold by
Holden-Mount Sarah K and Rhodovi Julie M
Bought by
S K & J Holden Mount Ret
Current Estimated Value
$2,687,317

Purchase Details

Listed on
Jun 8, 2018
Closed on
Sep 28, 2018
Sold by
John W Huegel Ret
Bought by
Holden-Mount Sarah K and Rhodovi Julie M
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$1,595,000
Sold Price
$1,595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$239,250
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 24, 2012
Sold by
Huegel John W
Bought by
Huegel John W
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
S K & J Holden Mount Ret -- --
Holden-Mount Sarah K $1,595,000 --
Huegel John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S K & Julie M Rhodovi Ret $1,093,000
Previous Owner Holden-Mount Sarah K $239,250
Previous Owner Holden-Mount Sarah K $1,116,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $1,595,000 0.0% $902 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $1,595,000 -- $902 / Sq Ft
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 $1,821 $44,050 $24,000 $20,050
2023 $1,819 $44,050 $24,000 $20,050
2022 $1,790 $44,050 $24,000 $20,050
2021 $1,736 $44,050 $24,000 $20,050
2020 $1,641 $44,050 $24,000 $20,050
2019 $1,649 $44,050 $24,000 $20,050
2018 $1,666 $44,050 $0 $0
2017 $1,679 $44,050 $0 $0
2016 $1,480 $44,050 $0 $0
2015 $1,525 $44,050 $0 $0
2014 $1,502 $44,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001804492

Bright MLS

APN: 134-20.08-192.01