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502 N Ocean Dr; Bethany Beach, DE Property Details

502 N Ocean Dr, Bethany Beach, DE is a Single Family that was built in 2012. This property is currently a cash purchase and is not for sale. Our records show that 502 N Ocean Dr has 4 bedrooms, and 4 bathrooms, and a total of 2,256 square feet. The lot size of 502 N Ocean Dr is 6,499 square feet.

Off market
502 N Ocean Dr Bethany Beach, DE 19930
$1,750,000 Listing Price
4 Beds
4 Baths
2,256 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2012
  • Purchase Price: $1,750,000
  • Est. Equity / %: $3,633,000 / 100%
  • Gross Yield: 0.963%
  • APN: 134-17.20-219.00
  • Situs County: Sussex
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Floor Cover Type: Ceramic
  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Quality: C+
  • Roof Type: Gable
  • Pool Type: Yes
  • Porch Type: Open
  • Roof Cover Type: Wood Shake/ Shingles
  • Deck: true

Measurements

  • Total: 2,256/SqFt
  • Lot: 6,499/SqFt
  • Living: 2,256/SqFt
  • Building: 2,256/SqFt
  • Price Per Square Foot: $775.71

Legal Description

  • Description: SOUTH BETHANY OCEAN DR LOT 25 BLK 7
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: VE / High Risk - Coastal
  • School District: Indian River School District
  • Lat / Lon: 38.51824 / -75.053215
  • Subdivision: South Bethany
  • Property Class: Residential
  • Zoning: TN
  • County Use Code: RS

Amenities

  • Pool: true
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Paved/Surfaced
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One: $200
  • H O A Amount: $200
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

502 N Ocean Dr has no associated ownership info
502 N Ocean Dr has no associated ownership info.

Taxes

502 N Ocean Dr has 10 associated Taxes items

502 N Ocean Dr, Bethany Beach, DE pays taxes in Sussex County, DE. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $54,750. The APN we've located for 502 N Ocean Dr is 134-17.20-219.00.

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Taxes
  • Assessed Value:  $54,750
  • Assessed Year:  2026
  • Assessed County:  Sussex
  • APN:  134-17.20-219.00
  • Assessed Land Value:  24000
  • Market Land Value:  2255800
  • Tax Amount:  6290.74
  • Tax Year:  2025
  • Market Value:  2945100
  • Market Year:  2026

Tax History

502 N Ocean Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $54,750 Land Value $24,000 Improvement Value $30,750 Tax Amount $6,267.18 Change Rate -0.003745% Assessed CR Tax Rate +0.114469%
Year 2025 Assessed Value $54,750 Land Value $24,000 Improvement Value $30,750 Tax Amount $6,290.74 Change Rate +1.77889% Assessed CR Tax Rate +0.114899%
Year 2024 Assessed Value $54,750 Land Value $24,000 Improvement Value $30,750 Tax Amount $2,263.76 Change Rate Assessed CR Tax Rate +0.041347%
Year 2023 Assessed Value $54,750 Land Value $24,000 Improvement Value $30,750 Tax Amount $2,263.76 Change Rate +0.017498% Assessed CR Tax Rate +0.041347%
Year 2022 Assessed Value $54,750 Land Value $24,000 Improvement Value $30,750 Tax Amount $2,224.83 Change Rate +0.030902% Assessed CR Tax Rate +0.040636%
Year 2021 Assessed Value $54,750 Land Value $24,000 Improvement Value $30,750 Tax Amount $2,158.14 Change Rate +0.047961% Assessed CR Tax Rate +0.039418%
Year 2020 Assessed Value $54,750 Land Value $24,000 Improvement Value $30,750 Tax Amount $2,059.37 Change Rate +0.004487% Assessed CR Tax Rate +0.037614%
Year 2019 Assessed Value $54,750 Land Value $24,000 Improvement Value $30,750 Tax Amount $2,050.17 Change Rate -0.009651% Assessed CR Tax Rate +0.037446%
Year 2018 Assessed Value $54,750 Land Value Improvement Value Tax Amount $2,070.15 Change Rate -0.008212% Assessed CR Tax Rate +0.037811%
Year 2017 Assessed Value $54,750 Land Value Improvement Value Tax Amount $2,087.29 Change Rate +0.13481% Assessed CR Tax Rate +0.038124%
Year 2016 Assessed Value $54,750 Land Value Improvement Value Tax Amount $1,839.33 Change Rate -0.029859% Assessed CR Tax Rate +0.033595%
Year 2015 Assessed Value $54,750 Land Value Improvement Value Tax Amount $1,895.94 Change Rate +0.015272% Assessed CR Tax Rate +0.034629%
Year 2014 Assessed Value $54,750 Land Value Improvement Value Tax Amount $1,867.42 Change Rate Assessed CR Tax Rate +0.034108%