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324 Wellington Parkway

324 Wellington Parkway, Bethany Beach, DE 19930
Property in Sussex
Sold Jan 13, 2016
$700,000
$560,000 by Old Line Bank
Mortgage Due Feb 01, 2046
Sold Feb 23, 2011
Transfer
324 Wellington Parkway 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 1995 and is 29 years old. The home has a total of 5 rooms. 4 of these rooms are legally considered as bedrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 324 Wellington Parkway has 1,872 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 1,210 ft and across the front of the lot is 640 ft. The area measurement of the land has been determined as 7,745 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 garage for those who require parking. The garage measured 891 sqft. According to our sources, there are a total of 4 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 B+ by the local assessor. The building has a gable 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. The property was last sold in Jan 8, 2016 for $700,000. That's $373.93 per sqft. 324 Wellington Parkway was last assessed in 2023. The total value of the property was assessed at $27,050. Specifically, the land the property is located on was valued at $3,900. While improvements on the property were assessed at a total of $23,150. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,117. The initial tax year of delinquency was in 2019. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: B+
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 891
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,745
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,872
  • Gross Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BETHANY BEACH
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 30 BLK 121

Ownership

  • Current Owner : JONES KEVIN A
  • Current Owner 2: JONES MEREDITH L
  • Previous Owner : THE HERBERT PAUL GORIN REV DEED OF TRUST

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: 134-17.07-157.00
  • Block: 121
  • Lot: 30
  • Municipality: 19930
  • Latitude: 38.5352
  • Longitude: -75.0621

    Address

  • Full Address: 324 Wellington Pkwy
  • Address - House Number: 324
  • Address - Street Name: Wellington
  • Address - Suffix Type: Pkwy
  • State: DE
  • City Name: Bethany Beach
  • Zip Code: 19930

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,117
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.25
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 64
  • Final Value: 969,444
  • High Value: 1,211,883
  • Low Value: 727,005

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: OLD LINE BANK
  • First Open Lien Mortgage Recording Date: Jan 13, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $560,000
  • 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: Feb 01, 2046

    Market Valuation

  • Market Total Value: $54,100
  • Market Land Value: $7,800
  • Market Improvement Value: $46,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,050
  • Assessed Land Value: $3,900
  • Assessed Improvements Value: $23,150

    Sales

  • Current Sale Contract Date: Jan 08, 2016
  • Current Sale Recording Date: Jan 13, 2016
  • Current Sale Transaction ID: 1410741724
  • Current Sale Price: $700,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1205
  • Previous Sale Recording Date: Feb 23, 2011
  • Previous Sale Contract Date: Feb 11, 2011
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLD LINE BANK
  • First Mortgage Transaction Date: Jan 13, 2016
  • First Mortgage Loan Amount: $560,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Bethany Beach



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Frequently Asked Questions

What neighborhood is 324 Wellington Parkway located in?
The 324 Wellington Parkway is a located in the neighborhood of Sussex in Bethany Beach, Bethany Beach.
What is the average sales price for listings in 324 Wellington Parkway?
The average sales price for units in 324 Wellington Parkway is $0 currently.

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