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969 Terrapin Street

969 Terrapin Street, Bethany Beach, DE 19930
House in Sussex
Sold Jun 02, 2021
$595,000
$476,000 by Intercoastal Mortgage Company
Mortgage Due Jul 01, 2051
Sold May 08, 2014
$400,000
$320,000 by Sandy Spring Bank
Mortgage Due Jun 01, 2044
969 Terrapin Street in Bethany Beach, DE was first built in 1989 and is 35 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. There are 2 partial bathrooms. 969 Terrapin Street has 1,334 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 1,040 ft and the linear feet between the front and back of the lot is 750. In total, the area measurement of the land is 7,800 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 720 sqft. There are a total of 3 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 C+. The exterior walls of the home are made of wood. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 969 Terrapin Street sold most recently in May 28, 2021 for a total of $595,000. If you work out the math, that's approximately a cost of $446.03 per sqft. Before that, the property was also sold for $400,000 in May 2, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $876 in taxes each year. The initial year of tax delinquency occurred in 2023. 969 Terrapin Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $21,200. If we break it down further, the land itself was valued at $5,900. Improvements to the property, however, were assessed at a total of $15,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 1,334
  • Gross Building Area: 1,334
  • Building Area: 1,334
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,334
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BETHANY BEACH
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TURTLE WALK OF BETHANY LOT 118

Ownership

  • Current Owner : YANG RU
  • Current Owner 2: KOK KIM
  • Previous Owner : NEVILLE-STAUBIN ANNE
  • Previous Owner 2: STAUBIN STEPHEN R
  • Owner Before Previous Owner: ARANT MICHAEL S
  • Owner Before Previous Owner 2: ARANT DEAL MARSHA

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: 134-13.00-1085.00
  • Lot: 118
  • Municipality: 19930
  • Latitude: 38.5401
  • Longitude: -75.0762

    Address

  • Full Address: 969 Terrapin St
  • Address - House Number: 969
  • Address - Street Name: Terrapin
  • Address - Suffix Type: St
  • State: DE
  • City Name: Bethany Beach
  • Carrier Code: R072
  • 4-Digit Zip Code: 9649
  • Zip Code: 19930

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $876
  • Intital Tax Deliquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.25
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 64
  • Final Value: 663,997
  • High Value: 830,049
  • Low Value: 497,944

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $476,000
  • First Open Lien Mortgage Lender: INTERCOASTAL MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Loan Amount: $476,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $42,400
  • Market Land Value: $11,800
  • Market Improvement Value: $30,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,200
  • Assessed Land Value: $5,900
  • Assessed Improvements Value: $15,300

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11840616269
  • Current Sale Price: $595,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20210000035823
  • Previous Sale Recording Date: May 08, 2014
  • Previous Sale Contract Date: May 02, 2014
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERCOASTAL MORTGAGE COMPANY
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $476,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SANDY SPRING BANK
  • Previous Mortgage Transaction Date: May 08, 2014
  • Previous Mortgage Loan Amount: $320,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jun 01, 2044

About Bethany Beach



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Nearby Rentals

Unit for rent at 49 Willow Oak Avenue, OCEAN VIEW, DE, 19970

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,610 ft²
49 Willow Oak Avenue, OCEAN VIEW, DE, 19970 Listing by KIM DERRICKSON

Frequently Asked Questions

What neighborhood is 969 Terrapin Street located in?
The 969 Terrapin Street is a house located in the neighborhood of Sussex in Bethany Beach, Bethany Beach.
What is the average sales price for listings in 969 Terrapin Street?
The average sales price for units in 969 Terrapin Street is $0 currently.

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