NOT LISTED FOR SALE

87 N Atlantic Ave Bethany Beach, DE 19930

Estimated Value: $2,842,000 - $3,169,639

5 Beds
3.5 Baths
2,300 Sq Ft
$1,304/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $2,230,000 $970 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $16,102/month

1 Day on Market

Highlights

  • Ocean View
  • Water Oriented
  • Gourmet Kitchen
  • Lord Baltimore Elementary School Rated A-
  • Building is oceanfront but unit may not have water views
  • Open Floorplan

About This Home

As of April 2021

Capture a lifetime of sunrises over the award winning beaches of Bethany. Imagine your family walking to the finest beach, restaurants, ice cream, shops and more.. This location is a lifestyle sought after by all those that know and love Bethany Beach. This special home just steps to the Ocean is beautifully built by a sought after local builder. Inverted floorpan to maximize the views with an open great room, kitchen and dining. Hardwood flooring, gas fireplace, granite counters, stainless appliances, dining area with large screen porch off of the great room with views of the Atlantic and endless sounds of the waves. Owners ensuite bedroom on second floor - private luxurious bath outfitted with granite counters, double vanity, tile shower spa and linen closet..... First floor is host to 4 bedrooms (one modeled as a rec room) 2 full baths with granite counters, Ceramic tile , seamless showers. Another large screen porch with ocean views. Space for the whole family and extended family with outdoor shower, storage and rare fenced in rear yard. Recently painted and landscaped this home has pride of ownership. Enjoy all that the quite resorts have to offer just steps away. Proven rental income estimates of $90K. Begin your beach memories today.. Ready for immediate enjoyment.

Last Agent to Sell the Property

Colleen Windrow

(302) 360-0300 walt.t@kw.com Keller Williams Realty License #RS-0024171 Listed on: 02/27/2021

Keller Williams Realty

Last Buyer's Agent

Bryce Lingo

(302) 227-3883 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,769

Year Built

  • Built in 2001

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40.00 x 90.00
  • Building is oceanfront but unit may not have water views
  • East Facing Home
  • Sprinkler System
  • Property is in very good condition
  • Property is zoned TN

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 2.5 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Ocean Views

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces
  • Gravel Driveway

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Shed
  • Outbuilding

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 134-13.16-46.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,769

Year Built

Built in 2001

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Craftsman
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: See Sellers exclusion list
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Built-In Range, Oven/Range - Electric, Stainless Steel Appliances, Water Heater, Washer
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Sprinkler System, Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 2.5
  • Basement: No
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 865.22
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 5

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 40.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Property Condition: Very Good
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5109111
  • School Tax: 1119.00
  • Tax Annual Amount: 2769.00
  • Assessor Parcel Number: 134-13.16-46.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 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
Feb 27, 2021
Closed on
Apr 14, 2021
Sold by
Dull Timothy and Dull Heather K
Bought by
Gladden Robert L and Gladden Karen M
Seller's Agent
Colleen Windrow
Keller Williams Realty
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,990,000
Sold Price
$2,230,000
Premium/Discount to List
$240,000
12.06%
Current Estimated Value
$3,052,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$822,236
Avg. Annual Appreciation
6.23%
Original Mortgage
$548,000
Outstanding Balance
$411,355
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$2,588,805

Purchase Details

Closed on
Dec 5, 2002
Bought by
Dull Timothy and Heather Kang Dull
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
Gladden Robert L $2,230,000 None Available
Dull Timothy $1,550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gladden Robert L $548,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2021 04/14/21 Sold $2,230,000 +12.1% $970 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $1,990,000 -- $865 / Sq Ft
Source: Bright MLS

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 $4,726 $33,750 $10,300 $23,450
2024 $1,395 $33,750 $10,300 $23,450
2023 $1,394 $33,750 $10,300 $23,450
2022 $1,371 $33,750 $10,300 $23,450
2021 $1,330 $33,750 $10,300 $23,450
2020 $1,269 $33,750 $10,300 $23,450
2019 $1,264 $33,750 $10,300 $23,450
2018 $1,300 $33,750 $0 $0
2017 $1,311 $33,750 $0 $0
2016 $1,158 $33,750 $0 $0
2015 $1,193 $33,750 $0 $0
2014 $1,175 $33,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2000018

Bright MLS

APN: 134-13.16-46.00

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