NOT LISTED FOR SALE

205 Island House Rd Bethany Beach, DE 19930

Estimated Value: $912,170 - $1,089,000

3 Beds
2 Baths
1,060 Sq Ft
$651/mo HOA Fee

Last Sold July 15, 2016

Last sale price $544,500 $514 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,528/month

114 Days on Market

Highlights

  • Ocean View
  • Beach
  • Fitness Center
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • In Ground Pool

About This Home

As of July 2016

Exceptional value, this one is ready for immediate enjoyment! This fully renovated oceanfront condooffers unobstructed views of the ocean and easy access to Sea Colony's private guarded beach and oceanfront pools.Beautifully updated kitchen with granite countertops, tile floors throughout living spaces, closet built-ins,fully tiled showers in both baths as well as updated vanities and fixtures, classic cottage-style doors throughout, and more. This property has had ONE owner and never been a rental (but would make a great one!) Sold Tastefully Furnished and In-Fee. Sea Colony is the area's only amenity-rich oceanfront resort community and features indoor & outdoor tennis, indoor & outdoor pools, two fitness centers, basketball courts, playgrounds, and a summer activity schedule with something for everyone!

Last Agent to Sell the Property

Sarah Schifano

Long & Foster Real Estate, Inc. Listed on: 02/13/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Sarah Schifano

Long & Foster Real Estate, Inc. Listed on: 02/13/2016

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,445

Year Built

  • Built in 1980

HOA Fees

Parking

  • Assigned Parking

Home Design

  • Coastal Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Window Treatments
  • Insulated Doors
  • Open Floorplan
  • Living Room
  • Dining Room
  • Den
  • Ocean Views
  • Security Gate
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Spa
  • Poolside Lot

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Lake Privileges
  • Balcony
  • Outbuilding

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.07-205

Community Details

Overview

  • Sea Colony Island House Community
  • Sea Colony East Subdivision

Amenities

  • Community Center
  • Elevator

Recreation

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

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,445

Year Built

Built in 1980

Lot Details

0

HOA Fees

$651 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Coastal, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1980
  • Remarks Public: Exceptional value, this one is ready for immediate enjoyment! This fully renovated oceanfront condooffers unobstructed views of the ocean and easy access to Sea Colony's private guarded beach and oceanfront pools.Beautifully updated kitchen with granite countertops, tile floors throughout living spaces, closet built-ins,fully tiled showers in both baths as well as updated vanities and fixtures, classic cottage-style doors throughout, and more. This property has had ONE owner and never been a rental (but would make a great one!) Sold Tastefully Furnished and In-Fee. Sea Colony is the area's only amenity-rich oceanfront resort community and features indoor & outdoor tennis, indoor & outdoor pools, two fitness centers, basketball courts, playgrounds, and a summer activity schedule with something for everyone!
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Window Treatments
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Pillar/Post/Pier
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Den, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1060
  • Living Area Sq Ft: 1060
  • Net Sq Ft: 1060.00
  • Price Per Sq Ft: 556.60
  • Above Grade Finished Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 205

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Composition
  • Construction Completed: Yes
  • Exterior Features: Hot Tub, Outbuilding(s), Tennis Court(s)
  • Pool Features: In Ground
  • Roof: Metal
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 270.00
  • Water Source: Private, Filter

Condo/Co-op/Association

  • HOA Fees: 2424.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 5388.00
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Community Center, Elevator, Fitness Center, Gated Community, Jog/Walk Path, Reserved/Assigned Parking, Tot Lots/Playground, Swimming Pool, Pool - Outdoor, Security, Tennis - Indoor, Tennis Courts, Water/Lake Privileges
  • HOA: Yes
  • Association Recreation Fee: Yes
  • Community Pool Features: Indoor

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Features: Poolside
  • Lot Size Units: Acres
  • Outdoor Living Structures: Balcony
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Building Info

  • Building Features: Guard System

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5116308
  • Assessor Parcel Number: 134-17.00-56.07-205
  • County Tax Payment Frequency: Annually
  • Close Date: 07/15/2016

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2016
Closed on
Aug 4, 2016
Sold by
Marvin H Dorph Revocable Trust
Bought by
Beaver Janet L and Beaver Michael K
Seller's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
Buyer's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
List Price
$609,900
Sold Price
$544,500
Premium/Discount to List
-$65,400
-10.72%
Total Days on Market
114
Current Estimated Value
$1,025,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,043
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Jan 24, 2014
Sold by
2.6.13 Muriel B Dorph Testamentary
Bought by
Dorph Marvin H
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
Beaver Janet L $544,467 None Available
Dorph Marvin H -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $544,500 -10.7% $514 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
02/13/2016 02/13/16 For Sale $609,900 -- $575 / 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 $1,445 $34,150 $0 $34,150
2023 $1,444 $34,150 $0 $34,150
2022 $1,420 $34,150 $0 $34,150
2021 $1,378 $34,150 $0 $34,150
2020 $1,315 $34,150 $0 $34,150
2019 $1,309 $34,150 $0 $34,150
2018 $1,322 $34,950 $0 $0
2017 $1,332 $34,950 $0 $0
2016 $1,174 $34,950 $0 $0
2015 $1,210 $34,950 $0 $0
2014 $1,192 $34,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001014130

Bright MLS

APN: 134-17.00-56.07-205