NOT LISTED FOR SALE

902 S Ocean Dr Bethany Beach, DE 19930

Estimated Value: $2,974,000 - $3,685,533

8 Beds
5 Baths
2,300 Sq Ft
$1,493/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $2,120,000 $922 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $18,384/month

130 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Ocean View
  • Access to Tidal Water
  • Lord Baltimore Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Sandy Beach

About This Home

As of April 2021

Excellent Oceanfront Rental income home w/hot tub on oceanfront deck.

Last Agent to Sell the Property

Douglas Appling

(302) 236-3821 doug@sandcastlerealty.net SANDCASTLE REALTY INC License #RB-0001768 Listed on: 10/09/2020

Last Buyer's Agent

BECKY GLOVER

(443) 859-4505 becky.glover@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,255

Year Built

  • Built in 1995

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00 x 130.00
  • 50 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • West Facing Home
  • Property is in very good condition
  • Property is zoned TN

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Aluminum Siding
  • Shingle Siding
  • Piling Construction
  • Stick Built Home
  • CPVC or PVC Pipes
  • Cedar

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Chair Railings
  • Wood Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Window Treatments
  • Sliding Windows
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Flood Lights

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • On-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Pool

  • Heated Spa
  • Outdoor Shower

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Balcony
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Indian River High Middle School
  • Indian River High School

Utilities

  • Heat Pump System
  • Above Ground Utilities
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 42
  • Assessor Parcel Number 134-20.08-219.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,255

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Range with oven, Range hood-exhaust fan, Kitchen Refrigerator with ice maker, Dishwasher, Disposal, Microwave, Washer, Dryer, Water Heater, Screens, Draperies/ Curtains and Rods, Shades/ Blinds, Smoke Detectors, Carbon Monoxide Detectors, Fireplace Screen
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Energy Star Refrigerator, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Chair Railings, Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Primary Bedroom - Ocean Front, Recessed Lighting, Stall Shower, Tub Shower, Window Treatments, Whirlpool/Hottub, Upgraded Countertops
  • Window Features: Casement, Energy Efficient, Insulated, Screens, Sliding, Vinyl Clad
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: Dry Wall, Wood Ceilings
  • Foundation Details: Pilings
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 978.26
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 8
  • Main Level Bedrooms: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding, Cedar, Cpvc/Pvc, Shingle Siding, Stick Built, Wood Siding
  • Exterior Features: Flood Lights, Exterior Lighting, Bbq Grill, Hot Tub, Outside Shower
  • Road Surface Type: Tar And Chip
  • Roof: Architectural Shingle
  • Spa Features: Heated, Private
  • Spa: Yes
  • View: Ocean
  • Water Access Features: Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone, Above Ground
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: INDIAN RIVER HIGH SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Flood Plain
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Property Condition: Very Good
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets Allowed: No
  • Total Actual Rent: 108286.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5119692
  • School Tax: 1922.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3255.00
  • Assessor Parcel Number: 134-20.08-219.00
  • Tax Lot: 42
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Federal Flood Zone: VE
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Apr 7, 2021
Sold by
Ansari Rafie M and Ansari Diane J
Bought by
Storkarron Llc
Seller's Agent
Douglas Appling
SANDCASTLE REALTY INC
Buyer's Agent
BECKY GLOVER
Long & Foster Real Estate, Inc.
List Price
$2,250,000
Sold Price
$2,120,000
Premium/Discount to List
-$130,000
-5.78%
Current Estimated Value
$3,433,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,313,844
Avg. Annual Appreciation
10.59%
Original Mortgage
$1,378,000
Outstanding Balance
$1,245,163
Interest Rate
3.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$2,188,681

Purchase Details

Closed on
Jul 25, 1995
Bought by
Ansari Rafie M Diane J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Storkarron Llc $212,000 None Available
Ansari Rafie M Diane J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storkarron Llc $1,378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2021 04/07/21 Sold $2,120,000 -5.8% $922 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
10/09/2020 10/09/20 For Sale $2,250,000 -- $978 / 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
2025 $7,275 $57,950 $24,000 $33,950
2024 $2,396 $57,950 $24,000 $33,950
2023 $2,394 $57,950 $24,000 $33,950
2022 $2,355 $57,950 $24,000 $33,950
2021 $2,284 $57,950 $24,000 $33,950
2020 $2,180 $57,950 $24,000 $33,950
2019 $2,170 $57,950 $24,000 $33,950
2018 $2,191 $57,950 $0 $0
2017 $2,209 $57,950 $0 $0
2016 $1,947 $57,950 $0 $0
2015 $2,007 $57,950 $0 $0
2014 $1,977 $57,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU171026

Bright MLS

APN: 134-20.08-219.00