NOT LISTED FOR SALE

104 Dover House Rd Unit 104S Bethany Beach, DE 19930

Estimated Value: $749,108 - $923,000

2 Beds
2 Baths
1,097 Sq Ft
$408/mo HOA Fee

Last Sold December 04, 2020

Last sale price $545,000 $497 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,786/month

Highlights

  • Beach
  • Access to Tidal Water
  • Fitness Center
  • Lord Baltimore Elementary School Rated A-
  • Sandy Beach
  • Open Floorplan

About This Home

As of December 2020

Visit this home virtually: http://www.vht.com/434113282/IDXS - Oceanfront, 2 bedrooms, 2 baths right in the middle of all the action, fun and within the vacation destination you have been waiting for! You get ALL the amenities that Sea Colony provides: private beach, pools, recreation, fitness, tennis all in one! The greatest aspect of this unit is the floor it is on! You still get a wonderful view of the ocean, and its steps away from the pools and beach no need to take the elevator. With extra large bedrooms, they can accommodate the largest of families and friends. No need to update or upgrade this condo, the kitchen and all bathrooms look great. This unit has a terrific rental history of $30,000+ with a great book of renters. Act now to enjoy the fall weather and retreat to the beach!

Last Agent to Sell the Property

John Zacharias

(302) 381-6221 jzacharias@psre.com Patterson-Schwartz-OceanView License #RS-0023593 Listed on: 10/14/2020

Patterson-Schwartz-OceanView

Last Buyer's Agent

Marsha White

(302) 245-7418 Surfingbethany@aol.com Crowley Associates Realty License #RS-0017470

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $901

Year Built

  • Built in 1974

Lot Details

  • Sandy Beach
  • Northwest Facing Home
  • Ground Rent of $2,000 per year expires in 55 years
  • Property is in very good condition

HOA Fees

Parking

  • Assigned Parking Garage Space
  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 1,097 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Stacked Washer and Dryer

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access to Tidal Water
  • Private Water Access
  • Property is near an ocean

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.02-104S

Community Details

Overview

  • Association fees include cable TV, common area maintenance, lawn maintenance, pool(s), trash
  • Mid-Rise Condominium
  • Built by Dover House
  • Sea Colony East Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Sauna
  • Community Center
  • Recreation Room
  • 1 Elevator

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Indoor Pool
  • Community Pool or Spa Combo

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$901

Year Built

Built in 1974

Lot Details

0

HOA Fees

$408 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Ground Rent
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Remarks Public: Visit this home virtually: http://www.vht.com/434113282/IDXS - Oceanfront, 2 bedrooms, 2 baths right in the middle of all the action, fun and within the vacation destination you have been waiting for! You get ALL the amenities that Sea Colony provides: private beach, pools, recreation, fitness, tennis all in one! The greatest aspect of this unit is the floor it is on! You still get a wonderful view of the ocean, and its steps away from the pools and beach no need to take the elevator. With extra large bedrooms, they can accommodate the largest of families and friends. No need to update or upgrade this condo, the kitchen and all bathrooms look great. This unit has a terrific rental history of $30,000+ with a great book of renters. Act now to enjoy the fall weather and retreat to the beach!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Stacked
  • Entry Floor: 1
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Carpet, Ceiling Fan(s), Floor Plan - Open, Recessed Lighting
  • Fireplace: No
  • Elevators Count: 1
  • Foundation Details: Slab
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1097
  • Living Area Sq Ft: 1097
  • Price Per Sq Ft: 491.34
  • Above Grade Finished Sq Ft: 1097
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 104

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: Concrete
  • Roof: Flat
  • Spa: No
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • HOA Fees: 202.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 618.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Common Grounds, Community Center, Elevator, Exercise Room, Fitness Center, Picnic Area, Pool - Indoor, Pool - Outdoor, Recreational Center, Sauna, Security, Spa, Swimming Pool, Tennis - Indoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Lawn Maintenance, Pool(s), Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Indoor, Pool/Spa Combo

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Lease: No
  • Land Use Code: RC Res: Condo
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Zoning: GENERAL RESIDENTIAL
  • Zoning Description: SEA COLONY EAST PHASE II UNIT 104S
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Dover House

Rental Info

  • Ground Rent Amt: 2000.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 55
  • Vacation Rental: Yes
  • Rent Spree Online Application: No

Multi Family

  • Federal Flood Zone: AE
  • Income Expense List: Annual Ground Rent
  • Waterfront Features: Sandy Beach

Tax Info

  • Assessor Parcel Number: 5115606
  • Tax Annual Amount: 901.00
  • Assessor Parcel Number: 134-17.00-56.02-104S
  • Tax Year: 2020
  • Close Date: 12/04/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
Cmf Sc Owner Llc
Bought by
Elev 6455 Trust and Follett
Current Estimated Value
$800,027

Purchase Details

Listed on
Oct 14, 2020
Closed on
Dec 4, 2020
Sold by
Kapp Robert W and Kapp Beverly H
Bought by
Elev 6455 T
Seller's Agent
John Zacharias
Patterson-Schwartz-OceanView
Buyer's Agent
Marsha White
Crowley Associates Realty
List Price
$539,000
Sold Price
$545,000
Premium/Discount to List
$6,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$327,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Elev 6455 Trust $25,000 None Listed On Document
Elev 6455 T $545,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elev 6455 T $327,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $545,000 +1.1% $497 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/24/2020 10/24/20 For Sale $539,000 0.0% $491 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $539,000 -- $491 / 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 $1,630 $23,950 $0 $23,950
2024 $1,096 $23,950 $0 $23,950
2023 $1,095 $23,950 $0 $23,950
2022 $1,077 $23,950 $0 $23,950
2021 $1,045 $23,950 $0 $23,950
2020 $997 $23,950 $0 $23,950
2019 $992 $23,950 $0 $23,950
2018 $1,002 $26,500 $0 $0
2017 $1,010 $26,500 $0 $0
2016 $890 $26,500 $0 $0
2015 $918 $26,500 $0 $0
2014 $904 $26,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU171346

Bright MLS

APN: 134-17.00-56.02-104S