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209 2nd Street

209 2nd Street, Bethany Beach, DE 19930
Property in Sussex
Sold May 23, 2017
$1,525,000
$800,000 by Suntrust Mortgage Inc
Mortgage Due Jun 01, 2047
209 2nd Street has been categorized by the local assessors in Bethany Beach, DE as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 8 rooms. 5 of these rooms are legally considered as bedrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 209 2nd Street has 3,958 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,001 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 414 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a hip style roof made of wood shake/ shingles. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 209 2nd Street was last sold in May 9, 2017 for $1,525,000. According to our calculations, that's $385.30 per sqft. Current property owners are expected to pay $1,991 in taxes per year. The property on 209 2nd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $48,200. To break that down further, the land itself was valued at $10,000. While improvements to the property were assessed at a total of $38,200. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2003
  • Effective Year Built: 2003
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Quality: A
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 414
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 3,958
  • Gross Building Area: 3,958
  • Building Area: 3,958
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,958
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BETHANY BEACH
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BETHANY BEACH LOT 9

Ownership

  • Current Owner : WALDIS LORRI M
  • Current Owner 2: WALDIS RICHARD J
  • Previous Owner : BERNARD R WOLFE REV TRUST UTD DECEMBER
  • Owner Generation Identifier: JR

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: 134-13.15-82.00
  • Lot: 9
  • Municipality: 19930
  • Latitude: 38.5421
  • Longitude: -75.0584

    Address

  • Full Address: 209 2nd St
  • Address - House Number: 209
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: DE
  • City Name: Bethany Beach
  • Zip Code: 19930

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,991

    Appraisal Valuation

  • Standard Deviation: 0.2196
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 69
  • Final Value: 1,823,639
  • High Value: 2,224,125
  • Low Value: 1,423,154

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 23, 2017
  • First Open Lien Mortgage Loan Amount: $800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Market Valuation

  • Market Total Value: $96,400
  • Market Land Value: $20,000
  • Market Improvement Value: $76,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,200
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $38,200

    Sales

  • Current Sale Contract Date: May 09, 2017
  • Current Sale Recording Date: May 23, 2017
  • Current Sale Transaction ID: 1812379133
  • Current Sale Price: $1,525,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 19403

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Mortgage Transaction Date: May 23, 2017
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

About Bethany Beach



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Frequently Asked Questions

What neighborhood is 209 2nd Street located in?
The 209 2nd Street is a located in the neighborhood of Sussex in Bethany Beach, Bethany Beach.
What is the average sales price for listings in 209 2nd Street?
The average sales price for units in 209 2nd Street is $0 currently.

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