NOT LISTED FOR SALE

1003 N Edgewater House Rd Unit 1003S Bethany Beach, DE 19930

Estimated Value: $1,024,920 - $1,319,000

2 Beds
2 Baths
-- Sq Ft
$517/mo HOA Fee

Last Sold April 02, 2019

Last sale price $635,000

Est. 85% increase in value since last sale

Current estimated payment $6,858/month

237 Days on Market

Highlights

  • Ocean View
  • Primary bedroom faces the ocean
  • Water Access
  • Lord Baltimore Elementary School Rated A-
  • Beach
  • Fitness Center

About This Home

As of April 2019

Rare and sought after 2 bdrm floorplan in the exclusive Edgewater Building in Sea Colony. Enjoy the luxurious Edgewater location which boasts premium ocean views , oversized oceanfront balconies, indoor pool/ jacuzzi & fitness club in the lobby of the bldg. This is as close to paradise as it gets. Great as a rental investment ($31k income) or private beach home.

Last Agent to Sell the Property

JENNIFER SMITH

Keller Williams Realty License #RS-0024095 Listed on: 07/11/2018

Keller Williams Realty

Last Buyer's Agent

William Bjorkland

Coldwell Banker Realty License #RS-0023035

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1974

HOA Fees

  • $517 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Stone Siding

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Window Treatments
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Lake Privileges

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Additional Features

  • Modifications for wheelchair accessibility
  • Ground Rent
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot -56.03-1003S
  • Assessor Parcel Number 134-17.00-56.03-1003S

Community Details

Overview

  • $2,424 Recreation Fee
  • Association fees include cable TV, common area maintenance, insurance, management, trash, water
  • High-Rise Condominium
  • Sea Colony Edgewater Community
  • Sea Colony East Subdivision

Amenities

  • Sauna
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,138

Year Built

Built in 1974

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Wheelchair Mod
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Remarks Public: Rare and sought after 2 bdrm floorplan in the exclusive Edgewater Building in Sea Colony. Enjoy the luxurious Edgewater location which boasts premium ocean views , oversized oceanfront balconies, indoor pool/ jacuzzi & fitness club in the lobby of the bldg. This is as close to paradise as it gets. Great as a rental investment ($31k income) or private beach home.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Primary Bedroom - Ocean Front, Walk-In Closet(s), Window Treatments, Elevator
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1003

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6208.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach, Basketball Courts, Elevator, Fitness Center, Gated Community, Hot Tub, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Sauna, Security, Tennis - Indoor, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Insurance, Management, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 2424.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Heated, Indoor

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Units: Square Feet
  • Zoning: GENERAL RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Total Actual Rent: 31000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5115785
  • School Tax: 1005.00
  • Tax Annual Amount: 1138.00
  • Assessor Parcel Number: 134-17.00-56.03-1003S
  • Tax Lot: -56.03-1003S
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 04/02/2019

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Mar 20, 2019
Sold by
Goldsmith Jon A and Goldsmith Kim C
Bought by
Capoccia Ft
Seller's Agent
JENNIFER SMITH
Keller Williams Realty
Buyer's Agent
William Bjorkland
Coldwell Banker Realty
List Price
$717,000
Sold Price
$635,000
Premium/Discount to List
-$82,000
-11.44%
Total Days on Market
237
Current Estimated Value
$1,175,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,480
Avg. Annual Appreciation
9.99%

Purchase Details

Closed on
Oct 31, 2002
Bought by
Goldsmith Jon A and Goldsmith Kim C
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Capoccia Ft $690,000 --
Goldsmith Jon A $470,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2019 04/02/19 Sold $635,000 -5.2% --
03/05/2019 03/05/19 Pending -- -- --
12/29/2018 12/29/18 Price Changed $670,000 -4.1% --
08/13/2018 08/13/18 Price Changed $699,000 -2.5% --
07/11/2018 07/11/18 For Sale $717,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,234 $27,950 $0 $27,950
2023 $1,233 $27,950 $0 $27,950
2022 $1,213 $27,950 $0 $27,950
2021 $1,177 $27,950 $0 $27,950
2020 $1,123 $27,950 $0 $27,950
2019 $1,118 $27,950 $0 $27,950
2018 $1,129 $29,850 $0 $0
2017 $1,138 $29,850 $0 $0
2016 $1,003 $29,850 $0 $0
2015 $1,034 $29,850 $0 $0
2014 $1,018 $29,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    JENNIFER SMITH

    Keller Williams Realty

    (302) 245-7581

    86 in this area

    120 Total Sales

    JENNIFER SMITH
    Section Image
  • William Bjorkland

    Buyer's Agent in 2019

    William Bjorkland

    Coldwell Banker Realty

    (410) 776-4146

    13 in this area

    208 Total Sales

    William Bjorkland
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002022802

Bright MLS

APN: 134-17.00-56.03-1003N

Delaware Sussex County Bethany Beach 19930

1003 N Edgewater House Rd Unit 1003S, Bethany Beach, DE

This home is located at 1003 N Edgewater House Rd Unit 1003S, Bethany Beach, DE 19930 since 11 July 2018 and is currently estimated at $1,175,480. This property was built in 1974. 1003 N Edgewater House Rd Unit 1003S is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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