NOT LISTED FOR SALE

103 Georgetowne House Rd Bethany Beach, DE 19930

Estimated Value: $251,000 - $972,000

3 Beds
2 Baths
1,060 Sq Ft
$1,099/mo HOA Fee

Last Sold August 26, 2024

Last sale price $999,000 $942 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $5,096/month

74 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Ocean View
  • Sandy Beach
  • Lord Baltimore Elementary School Rated A-
  • Beach
  • Fitness Center

About This Home

As of August 2024

Oceanfront living is ideal in this Sea Colony first floor 3 bedroom condo, sold In Fee! Take the elevator or the stairs up one level and then zip in and out to the ocean via the promenade private patio. Getting your toes in the sand has never been easier. Features include recently updated bathrooms, vinyl plank flooring in living/dining and hall, new carpet in each bedroom, recently replaced hvac (2021) and water heater (2023). Enjoy Sea Colony's 1/2 mile private beach, indoor/outdoor pools, tennis and pickleball courts, fitness centers, jogging paths, planned activities and more! Perfectly located just south of the Bethany Beach boardwalk, you have easy access to a number of excellent restaurants, boutiques and live entertainment.

Last Agent to Sell the Property

Sarah Schifano

(302) 858-3945 sarahschifano@gmail.com Long & Foster Real Estate, Inc. Listed on: 05/03/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Robert Burton

(302) 448-9828 bobburton@northroprealty.com Northrop Realty License #RS-0022605

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 1978

Lot Details

  • 20 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach

HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Composite Building Materials

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Ocean Views
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Parking Lot
  • Assigned Parking

Accessible Home Design

  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Patio

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.05-103

Community Details

Overview

  • $6,000 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, pool(s), recreation facility, road maintenance, snow removal, water, trash, security gate
  • Low-Rise Condominium
  • Sea Colony Georgetown Community
  • Sea Colony East Subdivision

Amenities

  • Sauna
  • Recreation Room
  • Elevator

Recreation

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

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,216

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,099 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Three framed art items - two in living/dining, one in Owner's bedroom. Contents of Owner's Closet. Select staging items - 4 throw pillows in living room, 2 throw pillows in BR3, candle on kitchen table, 3 fake plants, placemats, towels, two lamps.
  • Historic: No
  • Inclusions: Furnishings/Accessories
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1978
  • Automatically Close On Close Date: No
  • Remarks Public: Oceanfront living is ideal in this Sea Colony first floor 3 bedroom condo, sold In Fee! Take the elevator or the stairs up one level and then zip in and out to the ocean via the promenade private patio. Getting your toes in the sand has never been easier. Features include recently updated bathrooms, vinyl plank flooring in living/dining and hall, new carpet in each bedroom, recently replaced hvac (2021) and water heater (2023). Enjoy Sea Colony's 1/2 mile private beach, indoor/outdoor pools, tennis and pickleball courts, fitness centers, jogging paths, planned activities and more! Perfectly located just south of the Bethany Beach boardwalk, you have easy access to a number of excellent restaurants, boutiques and live entertainment.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1060
  • Living Area Sq Ft: 1060
  • Price Per Sq Ft: 942.45
  • Above Grade Finished Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 103

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: 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: 20

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 761.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2534.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Elevator, Fitness Center, Hot Tub, Jog/Walk Path, Reserved/Assigned Parking, Tot Lots/Playground, Swimming Pool, Pool - Outdoor, Recreational Center, Sauna, Security, Tennis - Indoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Pool(s), Recreation Facility, Road Maintenance, Snow Removal, Water, Trash, Security Gate
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Indoor

Fee Information

  • Capital Contribution Fee: 6000.00

Schools

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

Lot Info

  • Land Use Code: 999
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 1085.00
  • Tax Annual Amount: 1216.00
  • Assessor Parcel Number: 134-17.00-56.05-103
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/26/2024

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Aug 26, 2024
Sold by
Graff Heidi J and Pavitt Sarah
Bought by
Renzi Christopher H and Renzi Denise L
Seller's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
Buyer's Agent
Robert Burton
Northrop Realty
List Price
$1,115,000
Sold Price
$999,000
Premium/Discount to List
-$116,000
-10.4%
Views
83
Current Estimated Value
$715,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$283,626
Avg. Annual Appreciation
-25.98%

Purchase Details

Listed on
Mar 21, 2018
Closed on
Oct 4, 2019
Sold by
Sappington Richard F
Bought by
Graff Heidi J and Pavitt Sarah
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
List Price
$569,000
Sold Price
$474,000
Premium/Discount to List
-$95,000
-16.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.43%
Original Mortgage
$355,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2013
Closed on
Oct 25, 2013
Sold by
The Freeman Foundation Charitable Lead A
Bought by
Sappington Richard Francis
Seller's Agent
Brigit Taylor
VACASA DELAWARE MARKETPLACE
Buyer's Agent
BARRY GRIM
VACASA DELAWARE - BETHANY BEACH
List Price
$378,000
Sold Price
$378,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%

Purchase Details

Listed on
Jun 16, 2013
Closed on
Oct 22, 2013
Sold by
The Freeman Foundation Charitable Lead A
Bought by
Sappington Richard Francis
Seller's Agent
Brigit Taylor
VACASA DELAWARE MARKETPLACE
Buyer's Agent
BARRY GRIM
VACASA DELAWARE - BETHANY BEACH
List Price
$378,000
Sold Price
$378,000
Source: Public Records

Range of Values:

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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
Renzi Christopher H $999,000 None Listed On Document
Graff Heidi J $474,000 --
Sappington Richard Francis $25,000 --
Sappington Richard Francis $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graff Heidi J $355,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2024 08/26/24 Sold $999,000 0.0% $942 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $999,000 -4.9% $942 / Sq Ft
05/23/2024 05/23/24 Price Changed $1,050,000 -2.3% $991 / Sq Ft
05/10/2024 05/10/24 Price Changed $1,075,000 -3.6% $1,014 / Sq Ft
05/03/2024 05/03/24 For Sale $1,115,000 +135.2% $1,052 / Sq Ft
10/04/2019 10/04/19 Sold $474,000 -1.0% $447 / Sq Ft View Prior Sale
08/05/2019 08/05/19 Pending -- -- --
08/01/2019 08/01/19 Price Changed $479,000 -2.0% $452 / Sq Ft
04/30/2019 04/30/19 Price Changed $489,000 -2.0% $461 / Sq Ft
03/15/2019 03/15/19 Price Changed $499,000 -2.0% $471 / Sq Ft
12/14/2018 12/14/18 Price Changed $509,000 -4.7% $480 / Sq Ft
09/04/2018 09/04/18 Price Changed $534,000 -3.6% $504 / Sq Ft
06/22/2018 06/22/18 Price Changed $554,000 -2.6% $523 / Sq Ft
03/21/2018 03/21/18 For Sale $569,000 +50.5% $537 / Sq Ft
10/01/2013 10/01/13 Sold $378,000 0.0% $357 / Sq Ft View Prior Sale
06/17/2013 06/17/13 Pending -- -- --
06/16/2013 06/16/13 For Sale $378,000 -- $357 / Sq Ft
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 $2,282 $27,950 $0 $27,950
2024 $1,218 $27,950 $0 $27,950
2023 $1,216 $27,950 $0 $27,950
2022 $1,197 $27,950 $0 $27,950
2021 $1,161 $27,950 $0 $27,950
2020 $1,108 $27,950 $0 $27,950
2019 $1,103 $27,950 $0 $27,950
2018 $1,114 $29,450 $0 $0
2017 $1,123 $29,450 $0 $0
2016 $989 $29,450 $0 $0
2015 $1,020 $29,450 $0 $0
2014 $1,004 $29,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2061736

Bright MLS

APN: 134-17.00-56.05-103