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1 North 5th Street

1 North 5th Street, Bethany Beach, DE 19930
Property in Sussex
Refi Apr 28, 2020
Transfer
$829,000 by George Mason Mortgage Corporat
Mortgage Due May 01, 2050
1 North 5th Street in Bethany Beach, DE was first built in 2005 and is 19 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 5 are bedrooms. There are 5 partial bathrooms. 1 North 5th Street has 2,704 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 700. In total, the area measurement of the land is 4,901 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of wood shake/ shingles. For those who need parking, there is a garage. The garage is 608 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of wood. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $2,189 in taxes per year. The property on 1 North 5th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $53,000. To break that down further, the land itself was valued at $8,950. While improvements to the property were assessed at a total of $44,050. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Quality: A
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Floor Cover: Ceramic
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 608
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,901
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,704
  • Gross Building Area: 1,355
  • Building Area: 2,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,704
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH BETHANY
  • Land Acres: 0.113
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTH BETHANY N 5TH ST LOT 16 BLK 7

Ownership

  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indian River School District
  • School Tax School District: INDIAN RIVER SD
  • Census Tract: 051203

Zoning

  • Zoning: TN

Geography

  • District: INDIAN RIVER
  • Parcel: 134-17.20-220.00
  • Block: 7
  • Lot: 16
  • Municipality: 19930
  • Latitude: 38.5183
  • Longitude: -75.0536

    Address

  • Full Address: 1 N 5th St
  • Address - House Number: 1
  • Street Direction: N
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: DE
  • City Name: Bethany Beach
  • Zip Code: 19930

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,189

    Appraisal Valuation

  • Standard Deviation: 0.2744
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 60
  • Final Value: 1,380,915
  • High Value: 1,759,909
  • Low Value: 1,001,922

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $829,000
  • First Open Lien Mortgage Lender: GEORGE MASON MORTGAGE CORPORAT
  • First Open Lien Mortgage Recording Date: Apr 28, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $829,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $106,000
  • Market Land Value: $17,900
  • Market Improvement Value: $88,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,000
  • Assessed Land Value: $8,950
  • Assessed Improvements Value: $44,050

About South Bethany



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Frequently Asked Questions

What neighborhood is 1 North 5th Street located in?
The 1 North 5th Street is a located in the neighborhood of Sussex in South Bethany, Bethany Beach.
What is the average sales price for listings in 1 North 5th Street?
The average sales price for units in 1 North 5th Street is $0 currently.

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