$474,000
SOLD OCT 4, 2019

103 Georgetowne House Rd Bethany Beach, DE 19930

3 Beds
2 Baths
1,060 Sq Ft
$806/mo HOA Fee

Recently Sold

$447 Per Sq Ft

17% Below List Price

502 Days on Market

Highlights

  • Ocean View
  • Beach
  • Water Access
  • Lord Baltimore Elementary School Rated A-
  • Home fronts navigable water
  • Fitness Center

About This Home

As of August 2024

Lowest Priced 3BD Oceanfront Condo at Sea Colony. Added Bonus, Sold In Fee! No Ground Rent (a $2,000/yr Savings). Only a Promenade Location offers the Convenience of Beach Access from your Patio. Always Popular with Homeowners and Guests this is a Consistent Top Rental Income Producer. In the Afternoon, take the Tram and enjoy Sea Colony on the Westside. The State of the Art Fitness and USTA Ranked Tennis Centers offer Incredible Programs for Children, Teens, and Adults. Plus Fishing Lakes, Heated Lap Pools, Basketball Courts, Restaurants, Shops, and More, all Make it Easy to just Park your Car, Walk to Town, and Make your Dreams a Reality!

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 03/21/2018

Long & Foster Real Estate, Inc.

Co-Listed By

DESPINA KANELES

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Sarah Schifano

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,218

Year Built

  • Built in 1978

Lot Details

  • Home fronts navigable water
  • Cul-De-Sac
  • Landscaped

HOA Fees

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Stick Built Home
  • 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
  • Stacked Washer and Dryer

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

Parking

  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Patio
  • Outbuilding

Utilities

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

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

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

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, pool(s), recreation facility, road maintenance, snow removal, water
  • 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 Pool
  • Community Spa
  • Jogging Path

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,218

Year Built

Built in 1978

Lot Details

0

HOA Fees

$806 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
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1978
  • Remarks Public: Lowest Priced 3BD Oceanfront Condo at Sea Colony. Added Bonus, Sold In Fee! No Ground Rent (a $2,000/yr Savings). Only a Promenade Location offers the Convenience of Beach Access from your Patio. Always Popular with Homeowners and Guests this is a Consistent Top Rental Income Producer. In the Afternoon, take the Tram and enjoy Sea Colony on the Westside. The State of the Art Fitness and USTA Ranked Tennis Centers offer Incredible Programs for Children, Teens, and Adults. Plus Fishing Lakes, Heated Lap Pools, Basketball Courts, Restaurants, Shops, and More, all Make it Easy to just Park your Car, Walk to Town, and Make your Dreams a Reality!
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

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
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1060
  • Living Area Sq Ft: 1060
  • Net Sq Ft: 1060.00
  • Price Per Sq Ft: 451.89
  • 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
  • Construction Materials: Stick Built, Composition
  • Exterior Features: Outbuilding(s)
  • Roof: Metal
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 286.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2472.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 7200.00
  • Condo Co-Op Fee Frequency: Annually
  • 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
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: Yes

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Landscaping
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Zoning: HIGH DENSITY RESIDENTIAL
  • Zoning Description: HIGH DENSITY RESIDENTIAL
  • In City Limits: No

Building Info

  • Building Features: Guard System

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Total Actual Rent: 30565.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5116074
  • Assessor Parcel Number: 134-17.00-56.05-103
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 10/04/2019

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
$764,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$234,987
Avg. Annual Appreciation
-15.58%

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

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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 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: 1001571498

Bright MLS

APN: 134-17.00-56.05-103