NOT LISTED FOR SALE

961 Terrapin St Bethany Beach, DE 19930

Estimated Value: $569,000 - $765,117

3 Beds
2 Baths
1,243 Sq Ft
$537/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $695,000 $559 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,643/month

5 Days on Market

Highlights

  • Gourmet Kitchen
  • Coastal Architecture
  • Wood Flooring
  • Lord Baltimore Elementary School Rated A-
  • Deck
  • Furnished

About This Home

As of November 2023

The ideal beach house in Bethany Beach! This captivating home features numerous upgrades, including a brilliantly designed open floor plan, a living area with built-ins, and a fabulous high-end kitchen with a Viking stainless steel stove, refrigerator, and dishwasher. It’s accented with quartz countertops, porcelain tile, custom tile backsplash, a breakfast bar, large dining area. A generous master bedroom with a charming en suite and a walk-in closet. You can access your private back deck and outdoor shower from either the main area of the house or the master en suite. The expansive deck has room for cookouts, dining, entertaining, and relaxing after a long day at the beach. This secluded beautifully landscaped fenced-in backyard includes a large shed for additional gardening and landscaping supplies. Two good-sized guest rooms and an expansive 2-car garage with access to an attic for additional storage if needed. The oversized 3-season room with an electric fireplace is terrific for relaxing, reading, watching TV, or entertaining guests. It's on the much sought-after trolley route, just over 1 mile from the Bethany boardwalk and beach. If you’re looking for an investment property, this unit brought in over $59K in rental income in 2022. Access to the Assawoman Canal, kayaking, walking & parks, walking and bike paths, and shopping in Rehoboth and Ocean City, MD.

Last Agent to Sell the Property

Mike Nangle

(703) 836-0888 mpnangle@gmail.com Long & Foster Real Estate, Inc. Listed on: 10/17/2023

Long & Foster Real Estate, Inc.

Co-Listed By

Jennifer Nangle

(302) 539-9040 jennifer@nanglegroup.com Long & Foster Real Estate, Inc. License #RS-0025795

Last Buyer's Agent

Christy Molter

(302) 604-4592 christy@theparkergroup.com Taylor Properties

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 1993

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60.00 x 120.00
  • Landscaped
  • Property is in very good condition
  • Property is zoned TN

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 1,243 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Built-In Features
  • Recessed Lighting
  • Window Treatments
  • Insulated Doors
  • Combination Kitchen and Dining Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Shed
  • Outbuilding

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Sussex Central High School

Utilities

  • Central Air
  • Heat Pump System
  • High-Efficiency Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Turtle Walk Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 122
  • Assessor Parcel Number 134-13.00-1089.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$973

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Dining room table and chairs. Chest of drawers and corner table from spare bedroom. Grill.
  • Inclusions: All furniture except what's listed in exclusions.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-10-17
  • Federal Flood Zone: No
  • Year Built: 1993
  • Automatically Close On Close Date: Yes
  • Building Winterized: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven - Self Cleaning, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - High-Efficiency
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Breakfast Area, Built-Ins, Combination Kitchen/Dining, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Window Treatments
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1243
  • Living Area Sq Ft: 1243
  • Price Per Sq Ft: 559.13
  • Above Grade Finished Sq Ft: 1243
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 961

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame, Stick Built
  • Exterior Features: Exterior Lighting, Outside Shower, Outbuilding(s)
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

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 Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: SUSSEX CENTRAL
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: LORD BALTIMORE
  • High School: SUSSEX CENTRAL
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Features: Landscaping
  • Lot Size Acres: 0.16
  • Lot Dimensions: 60.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Outdoor Living Structures: Deck(s), Enclosed, Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 59000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • School Tax: 867.00
  • Tax Annual Amount: 973.00
  • Assessor Parcel Number: 134-13.00-1089.00
  • Tax Lot: 122
  • Tax Total Finished Sq Ft: 1243
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/27/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Nov 27, 2023
Sold by
Szanyi John Stephen and Szanyi Sheila Marie
Bought by
Hudson Jeffrey Mark and Hudson Rose Ann
Seller's Agent
Mike Nangle
Long & Foster Real Estate, Inc.
Buyer's Agent
Christy Molter
Taylor Properties
List Price
$695,000
Sold Price
$695,000
Views
55
Current Estimated Value
$667,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,721
Avg. Annual Appreciation
-2.19%
Original Mortgage
$556,000
Outstanding Balance
$546,771
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$120,508

Purchase Details

Listed on
Jul 3, 2019
Closed on
Dec 13, 2019
Sold by
Vanderham Patrick J
Bought by
Szanyi John S and Szanyi Sheila M
Seller's Agent
VICKIE YORK
VICKIE YORK AT THE BEACH REALTY
Buyer's Agent
Mike Nangle
Long & Foster Real Estate, Inc.
List Price
$444,900
Sold Price
$415,000
Premium/Discount to List
-$29,900
-6.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.91%
Original Mortgage
$332,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1991
Bought by
Vanderham Patrick J
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
Hudson Jeffrey Mark $695,000 None Listed On Document
Szanyi John S $415,000 None Available
Vanderham Patrick J $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Jeffrey Mark $556,000
Previous Owner Szanyi John S $332,000
Previous Owner Vanderham Patrick J $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2023 11/27/23 Sold $695,000 0.0% $559 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $695,000 +67.5% $559 / Sq Ft
12/13/2019 12/13/19 Sold $415,000 -6.7% $261 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
10/26/2019 10/26/19 For Sale $444,900 0.0% $280 / Sq Ft
10/01/2019 10/01/19 Price Changed $444,900 -3.3% $280 / Sq Ft
09/01/2019 09/01/19 Price Changed $459,900 -4.2% $289 / Sq Ft
07/03/2019 07/03/19 For Sale $479,900 -- $302 / 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 $1,264 $23,950 $5,900 $18,050
2024 $1,014 $23,950 $5,900 $18,050
2023 $989 $23,950 $5,900 $18,050
2022 $973 $23,950 $5,900 $18,050
2021 $944 $23,950 $5,900 $18,050
2020 $901 $23,950 $5,900 $18,050
2019 $909 $23,950 $5,900 $18,050
2018 $906 $23,950 $0 $0
2017 $913 $23,950 $0 $0
2016 $805 $23,950 $0 $0
2015 $829 $23,950 $0 $0
2014 $817 $23,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2049842

Bright MLS

APN: 134-13.00-1089.00