610 Seventh Street, Bethany Beach, De 19930 | $519,000

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Property Details

Delightful coastal home featuring a spacious floorplan including a living room with gas fireplace, sunroom, open kitchen and dining room combination, and 4 bedrooms plus a den/office that could easily be a 5th bedroom. This home was renovated in 2005
  • MLS Number: 727556
  • Status: Active
  • Price: $519,000
  • Property Type:
  • Area: Fenwick/Bethany East Of Canal
  • Community: Tingles Addition
  • School District: Indian River
  • Square Footage: 2,328
  • Year Built: 1984
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Stories: 2
  • New Construction: No
  • County Taxes: $610
  • City Taxes: $918
  • Water Fee: $303
  • Sewer Fee: $286
  • Water View: Lake/Pond
  • Furnished: No
  • Lot Dimensions: 50x101x49x101
  • Lot Square Feet: 4,792
  • Lot Size Acres: 0.11
  • Lot Description: Landscaped
  • Water: Public Central Water
  • Sewer: Public Central Sewer
  • Community Amenities: Boat Ramp, Water/Lake Privilege

Interior Features

  • Kitchen: Breakfast Bar, Countertops - Solid Surface, Island, Kitchen/Dining Room Combo, Kitchen/Family Room Combo, Pantry
  • Fireplace: Gas
  • Heating: Baseboard Electric, Heat Pump(s)
  • Cooling: Central A/C
  • Flooring: Carpet, Laminate, Tile
  • Basement: Crawl Space
  • Attic: Floored
  • Appliances: Dishwasher, Disposal, Dryer-Electric, Fridge w/Ice Maker, Microwave, Oven/Range Electric, Oven-Self Cleaning, Washer, Water Heater Electric
  • Interior Features: Bedroom-Entry Level, Cable TV Prewired, Ceiling Fan(s), Fireplace-Gas, Insulation, MBED-Separate Shower and Tub, Pull-Down Attic Stairs

Exterior Features

  • Style: Coastal
  • Construction Type: Stick/Frame
  • Exterior Type: Vinyl Siding
  • Roofing: Architectural Shingle
  • Foundation: Concrete Slab
  • Parking: Driveway/Off Street
  • Porch/Deck/Patio: Porch - Front
  • Exterior Features: Outside Shower, Storage Shed/Outbuilding

Listing Courtesy of LONG AND FOSTER-BETHANY

Bethany Beach Real Estate Listings: Home Shoppers’ First Stop

The first stop for anyone looking for a new home in Bethany Beach —or for anyone who is even mildly curious about what properties are currently available—is the Bethany Beach real estate listings. Like those you find here on my site, today’s online real estate listings are updated regularly all across the internet. It’s a coordinated system that appears deceptively simple on the surface, bringing you what you ask for from within the mind-bogglingly vast amount of detail that encompasses all the properties being offered throughout the country at that moment.  

When a prospective buyer goes online to get a feel for the Bethany Beach properties being offered, the real estate listings she or he sees appear to be straightforward enough. The information is clearly formatted, presented in a way that makes it easy to compare with other properties’ attributes. That apparent simplicity might be a little bit misleading, as anyone who has recently put their own home on the market knows.  

Before any listing goes online, all the property’s physical details have to be determined and verified. It’s your agent’s job to make sure the paperwork is complete—including the legal documentation that says, yes, this property is for sale at this amount. The 2015 NAR® handbook on multiple listing policy fills 152 pages for good reason. ‘Under the hood’ of the neighborhood listings is the structure of legal agreements that stitch together the cooperative framework that enables the smooth functioning of the modern real estate industry. Stripped of all its legal bells and whistles, it’s really an agreement among brokers and agents who agree to the way work will be apportioned and commissions shared. 

As you might expect, those 152 pages also cover some special kinds of real estate listings. Homeowners, for instance, can create Bethany Beach real estate listings that are not made public. This is done when the seller withholds consent for a listing to be published with the MLS compilation. Although that might seem to be a particularly bad idea—like a candidate running for office who decides it would be a good idea to keep his name off the ballot—there are circumstances when it makes sense. Such ‘office exclusive’ listings can serve a useful purpose when maximum confidentiality is important. Celebrities and other public figures sometimes use this approach, as do sellers who’d rather not publicize their plan to jump ship until it’s a fait accompli.

All this is made as simple and straightforward as possible for the benefit of all. If it were too complex, sellers and buyers would hesitate to get involved. The market would suffer. In fact, today’s Bethany Beach listings—especially as they are presented online, on sites like this one— represent a standout example of how technology can make even complicated commercial undertakings easier and more efficient than they have ever been. To find your next home, for instance, you need only check out the current Bethany Beach listings, and then there’s only one other thing you have to do: call me up! Call/Text me Russell Stucki at (302) 228-7871, email me at russellstucki@remax.net, visit more listings at 

Flipping a Home in Sussex County: Clearing the Finance Barrier

In conjunction with the rise in house prices, the profit potential for flipping a home in Sussex County is once more drawing the entrepreneur-minded. 

Flipping a home is the process of purchasing a property—often one in a rundown condition—then improving its value and reselling it for a quick profit. Quick is the key word in this strategy, since a fast turnover allows capital to be devoted to purchase and renovation rather than operating and maintenance costs. It’s why successful house flippers generally focus on quick gains over maximizing profits.  

While this has proven to be a lucrative strategy in the past, financing has always been the first major hurdle for anyone flipping a home in Sussex County. If you’ve been noticing some of the inviting house-flipping prospects in Sussex County, several financing routes sometimes make such a deal possible: 

Larger Down Payment

Flipping a house in Sussex County in the current lending market will often require a significant down payment. Since launching the project might require at least 25 - 40% for financing, it’s essential that you prepare sufficient cash reserves to complete the renovations envisioned—and successful house flippers suggest you add 20% to the cost estimate!   

Seller Financing

Seller financing—a mortgage provided by the home owner—is also called a ‘purchase money’ mortgage. Sellers may be willing to provide financing if they have had trouble selling their property, which is often the case when a Sussex County home flipper believes its value, can be greatly enhanced by repair or remodeling. Seller financing would be more common were it not necessary that the original owner own the home outright.

Hard Money Loan

Hard money loans—also known as short-term bridge loans—are another common source of financing for flipping a home in Sussex County. Hard money loans are backed by the value of the property rather than the credit record of the borrower, and typically feature a lower loan-to-value ratio than found in a bank mortgage. The added risk has a cost: expect to provide a large deposit and a premium for the loan (often 8% or more).

While sub-prime mortgages may no longer be as readily available as they once were, there are still multiple sources of financing for entrepreneurs who can spot profit possibilities for flipping a home in Sussex County. With real estate prices continuing to rise, this spring again holds promise in the house-flipping arena. Call/text 302-228-7871 or email me, Russell Stucki, REALTOR ® of Beach Real Estate Market to provide detailed information on Delaware homes for sale, investment and commercial properties, luxury and  waterfront homes, condos/townhomes, new construction, lots and land, farms and equestrian properties located in but not limited to Bethany, Bethel, Bridgeville, Dagsboro, Delmar, Ellendale, Fenwick Island, Frankford, Georgetown, Greenwood, Harbeson, Laurel, Lewes, Lincoln, Milford, Millsboro, Millville, Milton, Ocean View, Rehoboth Beach, Seaford, Selbyville, Delaware.