NOT LISTED FOR SALE

1206 S Edgewater House Rd Unit 1206S Bethany Beach, DE 19930

Estimated Value: $1,234,000 - $1,627,488

3 Beds
2.5 Baths
1,500 Sq Ft
$809/mo HOA Fee

Last Sold October 13, 2020

Last sale price $1,200,000 $800 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,829/month

Highlights

  • Ocean Front
  • Beach
  • Private Beach
  • Lord Baltimore Elementary School Rated A-
  • Access to Tidal Water
  • Fitness Center

About This Home

As of October 2020

ABSOLUTELY STUNNING OCEAN AND BAY VIEWS! Water views from every room of this spectacular 1500 sq. ft. end unit, offering an open floor plan that is totally turn-key and ready for occupancy and/or rentals. This 3 bedroom, 2.5 bath home features a wrap -around balcony, spacious living room with one of the best views in Sea Colony and is offered fully furnished including the surround sound Bose Stereo System. Upgraded kitchen with additional high-hat lighting, white appliances and cabinets, separate Laundry room. Spacious Dining Room to entertain all of your family and guests with features, such as, wainscoting, chair rails and crown molding. The luxurious Master Bedroom is open, light and airy, and has a private Bayside Balcony for fabulous sunset views and an updated Master Bathroom with large tiled walk-in shower. The lovely beach themed 2nd and 3rd bedrooms also offer Ocean and Bay views with a Jack and Jill bathroom! With panoramic ocean views, gorgeous sunrises and sunsets, the gloriously lit Indian River Inlet Bridge and amazing Firework displays, life does not get any better than this! 2019 Rentals grossed over $42,000! $23,000 in rentals already booked for summer 2020. An easy walk to downtown Bethany for exciting dining, shopping and beach fun! Sea Colony Amenities include, 1/2 Mile Private Guarded Beach, 12 swimming pools (indoors & out), 2 gyms, 34 Tennis Courts (indoor and outdoor), playgrounds, and Beach Shuttles. Schedule your showing today! FaceTime Tours Available Upon Request. Showings must follow NAR guidelines.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 07/27/2020

Long & Foster Real Estate, Inc.

Co-Listed By

GAIL PHELAN

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Justin Voorheis

BETHANY AREA REALTY LLC License #RS0023950

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Private Beach
  • Land Lease of $2,000 per year expires in 53 years
  • Ground Rent
  • Property is in very good condition

HOA Fees

Home Design

  • Coastal Architecture
  • Pillar, Post or Pier Foundation
  • Tar and Gravel Roof
  • Built-Up Roof
  • Stone Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Electric Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Ocean Views
  • Security Gate

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Electric Front Loading Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • 3 Assigned Parking Spaces
  • Secure Parking

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near an ocean
  • Lake Privileges
  • Balcony
  • Wrap Around Porch

Utilities

  • Central Air
  • Heat Pump System
  • High-Efficiency Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.03-1206S

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, insurance, lawn maintenance, management, pool(s), recreation facility, road maintenance, snow removal, trash
  • High-Rise Condominium
  • Built by Freeman
  • Sea Colony Edgewater Community
  • Sea Colony East Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Sauna
  • Meeting Room
  • 3 Elevators

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Community Spa
  • Bike Trail

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,239

Year Built

Built in 1974

Lot Details

0

HOA Fees

$809 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Coastal, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Land Lease
  • Exclusions: Contents of Owner Closet
  • Inclusions: Furnished including Beach Locker
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Remarks Public: ABSOLUTELY STUNNING OCEAN AND BAY VIEWS! Water views from every room of this spectacular 1500 sq. ft. end unit, offering an open floor plan that is totally turn-key and ready for occupancy and/or rentals. This 3 bedroom, 2.5 bath home features a wrap -around balcony, spacious living room with one of the best views in Sea Colony and is offered fully furnished including the surround sound Bose Stereo System. Upgraded kitchen with additional high-hat lighting, white appliances and cabinets, separate Laundry room. Spacious Dining Room to entertain all of your family and guests with features, such as, wainscoting, chair rails and crown molding. The luxurious Master Bedroom is open, light and airy, and has a private Bayside Balcony for fabulous sunset views and an updated Master Bathroom with large tiled walk-in shower. The lovely beach themed 2nd and 3rd bedrooms also offer Ocean and Bay views with a Jack and Jill bathroom! With panoramic ocean views, gorgeous sunrises and sunsets, the gloriously lit Indian River Inlet Bridge and amazing Firework displays, life does not get any better than this! 2019 Rentals grossed over $42,000! $23,000 in rentals already booked for summer 2020. An easy walk to downtown Bethany for exciting dining, shopping and beach fun! Sea Colony Amenities include, 1/2 Mile Private Guarded Beach, 12 swimming pools (indoors & out), 2 gyms, 34 Tennis Courts (indoor and outdoor), playgrounds, and Beach Shuttles. Schedule your showing today! FaceTime Tours Available Upon Request. Showings must follow NAR guidelines.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Freezer, Icemaker, Oven/Range - Electric, Refrigerator, Washer, Water Heater - High-Efficiency
  • Entry Floor: 12
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Chair Railings, Combination Dining/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Flat, Floor Plan - Open, Kitchen - Galley, Kitchen - Island, Primary Bath(s), Recessed Lighting, Wainscotting, Window Treatments
  • Window Features: Double Pane, Insulated, Screens
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass
  • Elevators Count: 3
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 866.67
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1206

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Stone
  • Exterior Features: Private Beach, Street Lights
  • Road Surface Type: Paved
  • Roof: Built-Up, Tar/Gravel
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 3
  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Assigned, Lighted Parking, Paved Parking, Secure Parking
  • Type Of Parking: Off Street, Parking Lot

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
  • Security: 24 Hour Security, Fire Detection System, Security Gate, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2472.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 7240.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Bike Trail, Common Grounds, Elevator, Exercise Room, Fitness Center, Hot Tub, Lake, Meeting Room, Picnic Area, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Sauna, Security, Swimming Pool, Tennis Courts, Tennis - Indoor, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Road Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: Yes
  • Community Pool Features: Heated, In Ground, Indoor, Lap/Exercise

Fee Information

  • Capital Contribution Fee: 2000.00

Schools

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

Lot Info

  • Improvement Assessed Value: 32950.00
  • Land Lease Amount: 2000.00
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 53
  • Lot Size Acres: 5.67
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 246985.00
  • Outdoor Living Structures: Balcony, Wrap Around
  • Property Condition: Good, Very Good
  • Year Assessed: 2020
  • Zoning: AR-1
  • In City Limits: No

Building Info

  • Builder Name: Freeman

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Vacation Rental: No
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5115817
  • School Tax: 1093.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1239.00
  • Assessor Parcel Number: 134-17.00-56.03-1206S
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/13/2020

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

Closed on
Dec 29, 2023
Sold by
Cmff Sea Colony Gl Llc
Bought by
Marsteller Todd and Marsteller Helen
Total Days on Market
0
Current Estimated Value
$1,412,622

Purchase Details

Listed on
Jul 27, 2020
Closed on
Oct 13, 2020
Sold by
Sadlowski Devon C and Sadlowski Beth A
Bought by
Marsteller Todd and Marsteller Helen
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Justin Voorheis
BETHANY AREA REALTY LLC
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
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
Marsteller Todd $25,000 None Listed On Document
Marsteller Todd $1,200,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $1,200,000 -7.7% $800 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $1,300,000 -- $867 / 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 $1,453 $32,950 $0 $32,950
2023 $1,452 $32,950 $0 $32,950
2022 $1,428 $32,950 $0 $32,950
2021 $1,386 $32,950 $0 $32,950
2020 $1,322 $32,950 $0 $32,950
2019 $1,316 $32,950 $0 $32,950
2018 $1,329 $35,150 $0 $0
2017 $1,340 $35,150 $0 $0
2016 $1,181 $35,150 $0 $0
2015 $1,217 $35,150 $0 $0
2014 $1,199 $35,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leslie Kopp

    Seller's Agent in 2020

    Leslie Kopp

    Long & Foster

    (302) 542-3917

    409 in this area

    777 Total Sales

    Leslie Kopp
    Section Image

  • G

    Seller Co-Listing Agent in 2020

    GAIL PHELAN

    Long & Foster

    (302) 233-4909

    92 in this area

    143 Total Sales

    GAIL PHELAN
    Section Image

  • J

    Buyer's Agent in 2020

    Justin Voorheis

    BETHANY AREA REALTY LLC

    (302) 332-2360

    3 in this area

    36 Total Sales

    Justin Voorheis
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU165520

Bright MLS

APN: 134-17.00-56.03-1206S

Delaware Sussex County Bethany Beach 19930

1206 S Edgewater House Rd Unit 1206S, Bethany Beach, DE

This home is located at 1206 S Edgewater House Rd Unit 1206S, Bethany Beach, DE 19930 since 27 July 2020 and is currently estimated at $1,412,622, approximately $941 per square foot. This property was built in 1974. 1206 S Edgewater House Rd Unit 1206S is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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