NOT LISTED FOR SALE

1202 S Edgewater House Rd Unit 1202S Bethany Beach, DE 19930

Estimated Value: $1,054,000 - $1,347,000

2 Beds
2 Baths
1,265 Sq Ft
$960/mo HOA Fee

Last Sold April 12, 2024

Last sale price $1,275,000 $1,008 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,652/month

101 Days on Market

Highlights

  • 35 Feet of Waterfront
  • Ocean View
  • Beach
  • Lord Baltimore Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Sandy Beach

About This Home

As of April 2024

Incredible views from this ideal oceanfront beauty! This home features large open kitchen, dining and living spaces with ocean glimpses from every angle. A front guest bedroom has access to the hall bath and a spacious oceanfront Owner's Suite offers a private owner's bath, walk-in closet and access to the 26' wide balcony overlooking the gorgeous Sea Colony beach and ocean! Recently renovated bathrooms, tile floors throughout, new hvac and hot water heater. Kitchen features wood cabinetry, stainless appliances and granite countertops. When not on the beach or looking at it from your living room, you will enjoy the convenience of an indoor pool and fitness center in the building. Sea Colony East is the only community in the area to offer a half mile of private beach, guarded in-season, oceanfront pools, tennis courts, playgrounds, basketball and weekly activity schedule! Take the bike/walk trail or community shuttle to Sea Colony West to also enjoy indoor tennis, 2nd fitness facility with indoor pool, basketball gym, fitness classes, fishing lakes, lakefront pavilion and more! This property is owned IN FEE and is not subject to any ground rent. Conveys fully furnished and ready to start enjoying immediately!

Last Agent to Sell the Property

Sarah Schifano

Long & Foster Real Estate, Inc. Listed on: 11/18/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Linda Lizzio

Long & Foster Real Estate, Inc. License #RA-0020393

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,212

Year Built

  • Built in 1974

Lot Details

  • 35 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Property is in excellent condition

HOA Fees

Property Views

  • Ocean
  • Panoramic

Interior Spaces

  • 1,265 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Security Gate

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Private Water Access
  • Property is near an ocean
  • Lake Privileges

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.03-1202S

Community Details

Overview

  • $6,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, pool(s), reserve funds, road maintenance, sauna, security gate, trash, water
  • Sea Colony Rec Association Vacasa HOA
  • High-Rise Condominium
  • Sea Colony Phase Iii Legum & Norman Condos
  • Sea Colony Edgewater Community
  • Sea Colony East Subdivision

Amenities

  • Picnic Area
  • 4 Elevators

Recreation

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

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,212

Year Built

Built in 1974

Lot Details

0

HOA Fees

$960 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
  • Accessibility Features: Level Entry - Main, No Stairs
  • Ownership: Fee Simple
  • Exclusions: Personal items and contents of owners closets, Bicycle.
  • Inclusions: Furnishings and Accessories as shown.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-11-19
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Remarks Public: Incredible views from this ideal oceanfront beauty! This home features large open kitchen, dining and living spaces with ocean glimpses from every angle. A front guest bedroom has access to the hall bath and a spacious oceanfront Owner's Suite offers a private owner's bath, walk-in closet and access to the 26' wide balcony overlooking the gorgeous Sea Colony beach and ocean! Recently renovated bathrooms, tile floors throughout, new hvac and hot water heater. Kitchen features wood cabinetry, stainless appliances and granite countertops. When not on the beach or looking at it from your living room, you will enjoy the convenience of an indoor pool and fitness center in the building. Sea Colony East is the only community in the area to offer a half mile of private beach, guarded in-season, oceanfront pools, tennis courts, playgrounds, basketball and weekly activity schedule! Take the bike/walk trail or community shuttle to Sea Colony West to also enjoy indoor tennis, 2nd fitness facility with indoor pool, basketball gym, fitness classes, fishing lakes, lakefront pavilion and more! This property is owned IN FEE and is not subject to any ground rent. Conveys fully furnished and ready to start enjoying immediately!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 12
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Primary Bedroom - Ocean Front, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Fireplace: No
  • Elevators Count: 4
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1265
  • Living Area Sq Ft: 1265
  • Price Per Sq Ft: 1027.67
  • Above Grade Finished Sq Ft: 1265
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1202

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
  • Construction Materials: Concrete
  • View: Ocean, Panoramic, Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 35

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • HOA Fees: 725.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2153.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Sea Colony Phase III - Legum & Norman
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Bike Trail, Elevator, Exercise Room, Fitness Center, Jog/Walk Path, Picnic Area, Pool - Indoor, Pool - Outdoor, Security, Swimming Pool, Tennis - Indoor, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Pool(s), Reserve Funds, Road Maintenance, Sauna, Security Gate, Trash, Water
  • HOA Name: SEA COLONY REC ASSOCIATION - VACASA
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 6000.00

Schools

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

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: AR-1
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 1082.00
  • Tax Annual Amount: 1212.00
  • Assessor Parcel Number: 134-17.00-56.03-1202S
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 04/12/2024

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Birkeland Linda
Bought by
Lowe Tide Llc
Total Days on Market
101
Current Estimated Value
$1,241,893

Purchase Details

Listed on
Nov 18, 2023
Closed on
Apr 12, 2024
Sold by
Dla Of Ocala Llc
Bought by
Birkeland Linda
Seller's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
Buyer's Agent
Linda Lizzio
Long & Foster Real Estate, Inc.
List Price
$1,300,000
Sold Price
$1,275,000
Premium/Discount to List
-$25,000
-1.92%
Views
181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.30%
Original Mortgage
$750,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2019
Sold by
Freeman Fndtn Char T
Bought by
Cox Mariette T

Purchase Details

Closed on
Mar 27, 1987
Bought by
Cox Bernard C Margaret T
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 Buyer Sale Price Title Company
Lowe Tide Llc -- None Listed On Document
Lowe Tide Llc -- None Listed On Document
Birkeland Linda $1,275,000 None Listed On Document
Cox Mariette T $16,968 --
Cox Bernard C Margaret T $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Birkeland Linda $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $1,275,000 -1.9% $1,008 / Sq Ft
11/18/2023 11/18/23 For Sale $1,300,000 -- $1,028 / 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 $1,214 $27,450 $0 $27,450
2023 $1,212 $27,450 $0 $27,450
2022 $1,193 $27,450 $0 $27,450
2021 $1,157 $27,450 $0 $27,450
2020 $1,104 $27,450 $0 $27,450
2019 $1,099 $27,450 $0 $27,450
2018 $1,110 $29,350 $0 $0
2017 $1,119 $29,350 $0 $0
2016 $986 $29,350 $0 $0
2015 $1,016 $29,350 $0 $0
2014 $1,001 $29,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2051966

Bright MLS

APN: 134-17.00-56.03-1202S