NOT LISTED FOR SALE

996 Lake View Dr Bethany Beach, DE 19930

Estimated Value: $1,104,000 - $1,736,000

0.34 Acre
$4,249,621 Price per Acre
14,810 Sq Ft Lot

Last Sold November 25, 2020

Last sale price $325,000

Est. 345% increase in value since last sale

Current estimated payment $7,846/month

213 Days on Market

Highlights

  • View of Trees or Woods
  • Home fronts a canal
  • No HOA
  • Lord Baltimore Elementary School Rated A-

About This Lot

As of November 2020

Absolutely beautiful, one of a kind setting within the town of Bethany. Set along the Loop and Assawoman canals, this is an over sized (approx 14,800sq) town lot. Mature trees, gorgeous setting and cul-de-sac isyou a wonderful opportunity to build your dream beach home and really enjoy the water life style you have always wanted.

Last Agent to Sell the Property

Beth Evans

(302) 249-5200 beth@beachbaygolf.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0014021 Listed on: 02/01/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Beth Evans

(302) 249-5200 beth@beachbaygolf.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0014021 Listed on: 02/01/2020

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $680

Lot Details

  • 0.34 Acre Lot
  • Home fronts a canal
  • Property is zoned TN 177

Property Views

  • Woods
  • Canal

Additional Features

  • Flood Risk
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 134-13.00-807.00

Property Details

Property Type

Land

Est. Annual Taxes

$680

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 24.92

Exterior Features

  • Construction Completed: No
  • View: Canal, Trees/Woods, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.34
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.00
  • Zoning: TN 177
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5108332
  • School Tax: 264.00
  • Tax Annual Amount: 680.00
  • Assessor Parcel Number: 134-13.00-807.00
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2022
Sold by
Evergreene Companies Llc
Bought by
Gravatte Jeffrey F and Gravatte Sherene E
Current Estimated Value
$1,444,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,083,647
Outstanding Balance
$1,006,370
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$438,501

Purchase Details

Listed on
Feb 1, 2020
Closed on
Nov 25, 2020
Sold by
Xeron Lt
Bought by
Evergreene Co Llc
Seller's Agent
Beth Evans
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Beth Evans
Berkshire Hathaway HomeServices PenFed Realty
List Price
$389,900
Sold Price
$325,000
Premium/Discount to List
-$64,900
-16.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.53%
Original Mortgage
$583,589
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 26, 1988
Bought by
Xeron George and Penelope Xeron
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gravatte Jeffrey F $1,371,705 Hudson Jones Jaywork & Fisher
Evergreene Co Llc $325,000 None Available
Xeron George $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gravatte Jeffrey F $1,083,647
Previous Owner Evergreene Co Llc $583,589
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $325,000 -11.9% --
09/01/2020 09/01/20 Pending -- -- --
08/20/2020 08/20/20 Price Changed $369,000 -5.4% --
02/01/2020 02/01/20 For Sale $389,900 -- --
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 $2,938 $8,000 $8,000 $0
2024 $2,393 $8,000 $8,000 $0
2023 $2,367 $8,000 $8,000 $0
2022 $2,328 $8,000 $8,000 $0
2021 $315 $8,000 $8,000 $0
2020 $301 $8,000 $8,000 $0
2019 $300 $8,000 $8,000 $0
2018 $302 $8,000 $0 $0
2017 $305 $8,000 $0 $0
2016 $269 $8,000 $0 $0
2015 $277 $8,000 $0 $0
2014 $273 $8,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Beth Evans

    Seller's Agent in 2020

    Beth Evans

    BHHS PenFed (actual)

    (302) 249-5200

    11 in this area

    93 Total Sales

    Beth Evans
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Map

Source: Bright MLS

MLS Number: DESU155220

Bright MLS

APN: 134-13.00-807.00

Delaware Sussex County Bethany Beach 19930

996 Lake View Dr, Bethany Beach, DE

Not Listed for Sale

Lots

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