NOT LISTED FOR SALE

1006 N Edgewater House Rd Unit 1006N Bethany Beach, DE 19930

Estimated Value: $1,390,000 - $1,835,874

3 Beds
3.5 Baths
1,500 Sq Ft
$917/mo HOA Fee

Last Sold February 04, 2022

Last sale price $1,800,000 $1,200 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $9,914/month

33 Days on Market

Highlights

  • 2,640 Feet of Waterfront
  • Ocean View
  • Beach
  • Lord Baltimore Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Fitness Center

About This Home

As of February 2022

This Sea Colony oceanfront property is truly one of a kind and beyond compare with unique layout and extraordinary ocean views! Lovely, impeccably redesigned 3 BEDROOM, 3 ½ BATH Edgewater condominium is elegantly appointed with tasteful, custom finishes throughout and is sold attractively furnished. Open floor plan is extremely well-designed and features hardwood floors throughout (except master) and architecturally distinct archways, moldings, and graceful ceiling lines. Panoramic ocean views from the huge wrap around balcony and from all the main living areas and the master bedroom. The views are so stunning it feels like you are aboard a ship! Inviting entry with closet leads to gourmet kitchen with a plethora of custom cabinetry, stunning backsplash, island, under cabinet lighting, granite counters, luxury Thermador appliances, wine fridge and separate ice maker. Striking built-ins compliment the dining room. Living room is surrounded by floor to ceiling sliders, attractive built-in shelving and fireplace. Again, take in the exquisite ocean views! Enter the spacious master bedroom through french doors and notice the private access to oceanfront balcony. This layout will not disappoint with his & her customized closets. Master bath with heated tile floors, walk-in shower and double vanity. Laundry room is spacious with front load washer & dryer, corian counter and cabinetry. There is also a powder room! Both guest rooms boast private bathrooms with one featuring a spacious West facing balcony. Both guest baths have heated tile floors and customized bedroom closets. Other distinguishing features include custom window treatments throughout including plantation shutters, storage closet in property, beach locker, custom closet systems throughout, recessed lights, ceiling fans and more. Property sold in fee with no ground rent. Located in the premium Edgewater Building offering lovely lobby, 3 elevators, indoor pool, fitness center etc. Enjoy Sea Colony's 1/2 mile of private guarded beach, 12 pools (indoor & out), award winning tennis facility with 34 tennis courts (6 indoor), fully renovated fitness center, tram service, walking/biking paths and much more. This truly is a stunning, elegantly appointed property that is guaranteed to make an unparalleled beach retreat.

Last Agent to Sell the Property

SARAH FRENCH

(410) 430-5421 Sarah@BethanyRealEstate.com Long & Foster Real Estate, Inc. Listed on: 12/06/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Suzanne Macnab

(302) 228-1251 smacbeach@msn.com RE/MAX Coastal License #RS-0012856

RE/MAX Coastal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 1974

Lot Details

  • 2,640 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

Home Design

  • Entry on the 10th floor
  • Metal Roof
  • Composite Building Materials

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Electric Fireplace
  • Window Treatments
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Multiple Balconies
  • Wrap Around Porch

Location

  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.03-1006N

Community Details

Overview

  • $4,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, insurance, lawn maintenance, management, reserve funds, road maintenance, trash, water
  • High-Rise Condominium
  • Sea Colony Edgewater Community
  • Sea Colony East Subdivision
  • Property Manager

Amenities

  • Sauna
  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Community Spa
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,319

Year Built

Built in 1974

Lot Details

0

HOA Fees

$917 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: Large painting at entry and large painting on ocean wall in master bedroom.
  • Inclusions: All furniture and contents
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Microwave, Oven - Wall, Stainless Steel Appliances, Refrigerator, Washer - Front Loading, Water Heater, Extra Refrigerator/Freezer
  • Entry Floor: 10
  • Flooring Type: Wood, Ceramic Tile, Carpet
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Entry Level Bedroom, Flat, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bedroom - Ocean Front, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 1433.33
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Composition
  • Roof: Metal
  • 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
  • Water Frontage In Feet: 2640

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 637.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2115.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Beach, Exercise Room, Fitness Center, Gated Community, Hot Tub, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Recreational Center, Reserved/Assigned Parking, Sauna, Security, Tennis - Indoor, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Basketball Courts
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Insurance, Lawn Maintenance, Management, Reserve Funds, Road Maintenance, Trash, Water
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Heated, In Ground, Lap/Exercise, Indoor

Fee Information

  • Capital Contribution Fee: 4000.00

Schools

  • Elementary School Source: 3rd Party
  • High School Source: Listing Agent
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Outdoor Living Structures: Balconies- Multiple, Wrap Around
  • Property Condition: Excellent
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5115790
  • School Tax: 1170.00
  • Tax Annual Amount: 1319.00
  • Assessor Parcel Number: 134-17.00-56.03-1006N
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Feb 3, 2022
Sold by
Patro Richard J
Bought by
Murphy Catherine Marie and Murphy John Joseph
Seller's Agent
SARAH FRENCH
Long & Foster Real Estate, Inc.
Buyer's Agent
Suzanne Macnab
RE/MAX Coastal
List Price
$2,150,000
Sold Price
$1,800,000
Premium/Discount to List
-$350,000
-16.28%
Current Estimated Value
$1,655,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$144,531
Avg. Annual Appreciation
-2.16%

Purchase Details

Closed on
Sep 26, 2016
Sold by
Carl M Freeman Associates Inc
Bought by
Patro Colleen R and Patro Richard J

Purchase Details

Listed on
Feb 28, 2015
Closed on
Aug 22, 2016
Sold by
Carl M Freeman Associates Inc
Bought by
Patro Colleen R and Patro Richard J
Seller's Agent
Steve Alexander
Keller Williams Realty
Buyer's Agent
William Hand
Long & Foster Real Estate, Inc.
List Price
$1,010,000
Sold Price
$1,010,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Murphy Catherine Marie $1,800,000 Mccartney & Owens Pa
Patro Colleen R $25,000 None Available
Patro Colleen R $25,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2022 02/04/22 Sold $1,800,000 -16.3% $1,200 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
12/06/2021 12/06/21 For Sale $2,150,000 +112.9% $1,433 / Sq Ft
06/28/2016 06/28/16 Sold $1,010,000 0.0% -- View Prior Sale
05/17/2016 05/17/16 Pending -- -- --
02/28/2015 02/28/15 For Sale $1,010,000 -- --
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
2025 $3,466 $33,450 $0 $33,450
2024 $1,474 $33,450 $0 $33,450
2023 $1,472 $33,450 $0 $33,450
2022 $1,449 $33,450 $0 $33,450
2021 $1,405 $33,450 $0 $33,450
2020 $1,341 $33,450 $0 $33,450
2019 $1,335 $33,450 $0 $33,450
2018 $1,348 $35,650 $0 $0
2017 $1,359 $35,650 $0 $0
2016 $1,198 $35,650 $0 $0
2015 $1,235 $35,650 $0 $0
2014 $1,216 $35,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2010546

Bright MLS

APN: 134-17.00-56.03-1006N