201 Island House Rd Unit 201 Bethany Beach, DE 19930
Estimated Value: $194,000 - $1,272,000
3
Beds
2
Baths
1,175
Sq Ft
$961/mo
HOA Fee
Highlights
- 25 Feet of Waterfront
- Ocean View
- Beach
- Lord Baltimore Elementary School Rated A-
- Primary bedroom faces the ocean
- Access to Tidal Water
About This Home
As of July 2022Sea Colony's finest! Beautiful views straight down the coast highlight this fully renovated, oceanfront property with 3 bedrooms and 2 baths. Truly a special spot since Island House is the furthest building South…no other high rises impede the view. The location feels more like a single family home versus a condominium. You can easily use the stairs instead of the elevator. Open layout features engineered wood plank flooring and plantation shutters throughout. Kitchen is completely redesigned with granite counters, stainless appliances, upgraded cabinets (some with glass fronts), glass tiled backsplash, under cabinet lighting and breakfast bar for two. Oceanfront master bedroom with extra window and spacious ensuite bath has double sinks and tiled shower. Washer and dryer has been relocated from master bath to hall. This end home property offers larger guest bedrooms with unobstructed windows, so it is sunny and bright. Additionally, it is private and quiet since there is no walkway outside of the windows. Guest bath has oversized shower with glass doors. Other highlights include replacement of all interior doors, recessed lighting, premier front parking spot and exterior beach locker. Property is sold IN FEE...NO ground rent.
Island House prides itself on being very well maintained, managed and funded. Enjoy everything the Sea Colony lifestyle has to offer including private beach, newly renovated fitness center, oceanfront pools (& many others), top-rated tennis facility with year-round pros and indoor courts, family activities and much, much more. Lightly rented each July & August grossing approximaely $30k. Sold fully furnished and turn-key! Instant access to rental income too!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,188
Year Built
- Built in 1980
Lot Details
- 25 Feet of Waterfront
- Ocean Front
- Home fronts navigable water
- Landscaped
- Property is in excellent condition
HOA Fees
Home Design
- Metal Roof
- Stone Siding
- Piling Construction
- Composite Building Materials
- Masonry
Interior Spaces
- 1,175 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Recessed Lighting
- Window Treatments
- Engineered Wood Flooring
- Ocean Views
Kitchen
- Galley Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary bedroom faces the ocean
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Parking
- Parking Lot
- 1 Assigned Parking Space
Outdoor Features
- Access to Tidal Water
- Water Access
- Property is near an ocean
- Lake Privileges
- Balcony
Location
- Flood Risk
Schools
- Lord Baltimore Elementary School
- Selbyville Middle School
- Indian River High School
Utilities
- Forced Air Heating and Cooling System
- Private Water Source
- Electric Water Heater
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 134-17.00-56.07-201
Community Details
Overview
- $4,000 Capital Contribution Fee
- Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, insurance, lawn maintenance, management, reserve funds, road maintenance, security gate, snow removal, trash, water
- High-Rise Condominium
- Sea Colony Island House 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 Indoor Pool
- Community Spa
- Jogging Path
Pet Policy
- Dogs and Cats Allowed
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2022
Closed on
Jul 6, 2022
Sold by
G & S Rentals Llc
Bought by
Lea Weber Ridenhour Trust
Seller's Agent
SARAH FRENCH
Long & Foster Real Estate, Inc.
Buyer's Agent
Dustin Oldfather
Compass
List Price
$1,100,000
Sold Price
$1,120,000
Premium/Discount to List
$20,000
1.82%
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$302,333
Avg. Annual Appreciation
-10.58%
Purchase Details
Listed on
Dec 10, 2012
Closed on
Apr 19, 2013
Sold by
Freeman Foundation Charitable Lead Annui
Bought by
Holbrook John W and Holbrook Janine
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Allison Stine
Northrop Realty
List Price
$535,000
Sold Price
$535,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Similar Homes in Bethany Beach, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lea Weber Ridenhour Trust | $1,120,000 | None Listed On Document | |
| Holbrook John W | $25,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lea Weber Ridenhour Trust | $840,000 | |
| Previous Owner | Patten Ralph F | $1,223,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2022 07/12/22 | Sold | $1,120,000 | +1.8% | $953 / Sq Ft |
| 06/02/2022 06/02/22 | Pending | -- | -- | -- |
| 05/28/2022 05/28/22 | For Sale | $1,100,000 | +86.4% | $936 / Sq Ft |
| 05/31/2016 05/31/16 | Sold | $590,000 | -10.6% | $502 / Sq Ft |
| 05/11/2016 05/11/16 | Pending | -- | -- | -- |
| 12/03/2015 12/03/15 | For Sale | $659,900 | +23.3% | $562 / Sq Ft |
| 04/19/2013 04/19/13 | Sold | $535,000 | 0.0% | $455 / Sq Ft |
| 03/23/2013 03/23/13 | Pending | -- | -- | -- |
| 12/10/2012 12/10/12 | For Sale | $535,000 | -- | $455 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,280 | $30,150 | $0 | $30,150 |
| 2023 | $1,278 | $30,150 | $0 | $30,150 |
| 2022 | $1,258 | $30,150 | $0 | $30,150 |
| 2021 | $1,220 | $30,150 | $0 | $30,150 |
| 2020 | $1,152 | $30,150 | $0 | $30,150 |
| 2019 | $1,159 | $30,150 | $0 | $30,150 |
| 2018 | $1,170 | $30,950 | $0 | $0 |
| 2017 | $1,180 | $30,950 | $0 | $0 |
| 2016 | $1,040 | $30,950 | $0 | $0 |
| 2015 | $1,072 | $30,950 | $0 | $0 |
| 2014 | $1,056 | $30,950 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
SARAH FRENCH
Seller's Agent in 2022
SARAH FRENCH
Long & Foster
(410) 430-5421
38 in this area
102 Total Sales
-
Dustin Oldfather
Buyer's Agent in 2022
Dustin Oldfather
Compass
(302) 249-5899
22 in this area
1,506 Total Sales
-
Jessse Westwood
Buyer Co-Listing Agent in 2022
Jessse Westwood
Compass
(302) 258-4227
1 in this area
59 Total Sales
-
Allison Stine
Seller's Agent in 2016
Allison Stine
Creig Northrop Team of Long & Foster
(302) 381-5565
31 in this area
392 Total Sales
-
Colleen Kellner
C
Seller Co-Listing Agent in 2016
Colleen Kellner
Creig Northrop Team of Long & Foster
(302) 249-3482
10 in this area
44 Total Sales
-
MARIYA OLDFATHER GROUP
M
Buyer's Agent in 2016
MARIYA OLDFATHER GROUP
Compass
(302) 249-6665
3 in this area
180 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2022632
APN: 134-17.00-56.07-201
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