NOT LISTED FOR SALE

202 S Edgewater House Rd Unit 202S Bethany Beach, DE 19930

Estimated Value: $1,054,000 - $1,274,000

3 Beds
2 Baths
1,265 Sq Ft
$567/mo HOA Fee

Last Sold September 09, 2021

Last sale price $899,000 $711 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,200/month

25 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Sandy Beach
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Fitness Center

About This Home

As of September 2021

WOW! Extremely rare opportunity to own in the premiere Edgewater Bldg. at Sea Colony. This amazingly renovated condo by the sea features 3 bdrms (2 are oceanfront). Sweeping ocean views from the extra large balcony featuring 2 sliders (one into LR and one into Bdrm suite). Skip the elevator and walk one level down to the beach, indoor pool and fitness center. The Beach Life never looked so good! Exceptional rental history, Ready for late summer occupancy. Sunday showings only.

Last Agent to Sell the Property

JENNIFER SMITH

Keller Williams Realty License #RS-0024095 Listed on: 05/13/2021

Keller Williams Realty

Last Buyer's Agent

Bill Cullin

Long & Foster Real Estate, Inc. License #RS0018675

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,104

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Ground Rent

HOA Fees

  • $567 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Coastal Architecture
  • Stone Siding
  • Masonry

Interior Spaces

  • 1,265 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Ocean Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Property is near an ocean

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.03-202S

Community Details

Overview

  • $2,472 Recreation Fee
  • Association fees include cable TV, common area maintenance, high speed internet, management, snow removal, trash, water
  • $167 Other Monthly Fees
  • High-Rise Condominium
  • Sea Colony Edgewater Community
  • Sea Colony East Subdivision
  • Property Manager

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets

Additional Features

  • Sauna
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,104

Year Built

Built in 1975

Lot Details

0

HOA Fees

$567 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Remarks Public: WOW! Extremely rare opportunity to own in the premiere Edgewater Bldg. at Sea Colony. This amazingly renovated condo by the sea features 3 bdrms (2 are oceanfront). Sweeping ocean views from the extra large balcony featuring 2 sliders (one into LR and one into Bdrm suite). Skip the elevator and walk one level down to the beach, indoor pool and fitness center. The Beach Life never looked so good! Exceptional rental history, Ready for late summer occupancy. Sunday showings only.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1265
  • Living Area Sq Ft: 1265
  • Price Per Sq Ft: 710.67
  • Above Grade Finished Sq Ft: 1265
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 202

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, Below Grade
  • Construction Materials: Stone, Masonry
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 1

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6800.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach, Elevator, Fitness Center, Hot Tub, Pool - Indoor, Pool - Outdoor, Sauna, Security, Tennis - Indoor, Tot Lots/Playground, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, High Speed Internet, Management, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 2472.00
  • Association Recreation Fee: Yes

Fee Information

  • Other Fees: 2000.00
  • Other Fees Frequency: Annually

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: Yes
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Total Actual Rent: 50000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5115835
  • School Tax: 973.00
  • Tax Annual Amount: 1104.00
  • Assessor Parcel Number: 134-17.00-56.03-202S
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/09/2021

Multi Family

  • Income Expense List: Annual Ground Rent
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

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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

Property History

Date Event Price Change Sq Ft Price
09/09/2021 09/09/21 Sold $899,000 0.0% $711 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $899,000 -2.8% $711 / Sq Ft
05/13/2021 05/13/21 For Sale $925,000 -- $731 / 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: DESU182988

Bright MLS

APN: 134-17.00-56.03-202S