$378,000
SOLD OCT 1, 2013

103 Georgetowne House Rd Bethany Beach, DE 19930

2 Beds
2 Baths
1,060 Sq Ft
$798/mo HOA Fee

Recently Sold

$357 Per Sq Ft

Highlights

  • Ocean View
  • Beach
  • Fitness Center
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Contemporary Architecture

About This Home

As of August 2024

SHORT SALE - SOLD AS IS. Disclosures For Informational Purposes Only. One of The Few Secluded First Floor Balcony w/ocean view in community. Rental Resort Residential Investment Property Program Approved. Excellent Condition. Must Be Seen to Be Appreciated. BEST BUY LOCATED IN SCE, DON'T WAIT!

Last Agent to Sell the Property

Brigit Taylor

VACASA DELAWARE MARKETPLACE Listed on: 06/16/2013

VACASA DELAWARE MARKETPLACE

Last Buyer's Agent

BARRY GRIM

VACASA DELAWARE - BETHANY BEACH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,218

Year Built

  • Built in 1973

Lot Details

  • Ground Rent of $2,142 per year

HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 103rd floor
  • Concrete Perimeter Foundation
  • Masonry
  • Stucco

Interior Spaces

  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Storage Room
  • Stacked Washer and Dryer
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.05-103

Community Details

Overview

  • High-Rise Condominium
  • Sea Colony Georgetown Community
  • Sea Colony East Subdivision

Amenities

  • Community Center
  • Elevator
  • Community Storage Space

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Fitness Center

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,218

Year Built

Built in 1973

Lot Details

0

HOA Fees

$798 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Year Built: 1973
  • Remarks Public: SHORT SALE - SOLD AS IS. Disclosures For Informational Purposes Only. One of The Few Secluded First Floor Balcony w/ocean view in community. Rental Resort Residential Investment Property Program Approved. Excellent Condition. Must Be Seen to Be Appreciated. BEST BUY LOCATED IN SCE, DON'T WAIT!
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 103
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Ceiling Fan(s)
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Concrete Perimeter
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 2
  • Room List: Storage Room
  • Basement: No
  • Street Number Modifier: 103

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Masonry, Stucco
  • Construction Completed: Yes
  • Roof: Unknown
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned, Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 250.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2272.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 7308.00
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Community Center, Elevator, Fitness Center, Extra Storage, Tennis - Indoor, Tennis Courts, Reserved/Assigned Parking, Security
  • HOA: Yes

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Outdoor Living Structures: Balcony

Building Info

  • Building Features: Elevator

Rental Info

  • Ground Rent Amt: 2142.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Total Actual Rent: 14500.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5116074
  • Assessor Parcel Number: 134-17.00-56.05-103
  • County Tax Payment Frequency: Annually
  • Close Date: 10/01/2013

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
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
$744,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$254,957
Avg. Annual Appreciation
-24.47%

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%
Original Mortgage
$283,500
Interest Rate
4.53%

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
4.53%
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 Type Sale Price Title Company
Deed $999,000 None Listed On Document
Deed $474,000 --
Deed $25,000 --
Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $355,500 New Conventional
Previous Owner $283,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
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: 1000974680

Bright MLS

APN: 134-17.00-56.05-103