NOT LISTED FOR SALE

206 Brandywine Dr Unit 206S Bethany Beach, DE 19930

Estimated Value: $520,437 - $802,000

2 Beds
2 Baths
1,097 Sq Ft
$729/mo HOA Fee

Last Sold February 26, 2021

Last sale price $385,000 $351 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,535/month

100 Days on Market

Highlights

  • Beach
  • Fitness Center
  • Lake Privileges
  • Lord Baltimore Elementary School Rated A-
  • Open Floorplan
  • Coastal Architecture

About This Home

As of February 2021

OCEANSIDE - 2 bedroom and 2 bath home just steps to the sand and water. Ideal location is convenient to beach, outdoor pool, playground, tennis, outdoor BBQ and a short walk to downtown Bethany. Open floor plan provides spacious living/dining/kitchen layout with plenty of room for family and friends. Sunny and bright master bedroom is spacious with private bath. Guest bedroom is large enough for 2 queen beds. Second floor location makes it easy to use the stairs versus elevator. This home is sold fully furnished and has a strong rental history. Enjoy all Sea Colony has to offer at a great value!

Last Agent to Sell the Property

SARAH FRENCH

Long & Foster Real Estate, Inc. Listed on: 10/03/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jason Lesko

Redfin Corporation

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $788

Year Built

  • Built in 1971

Lot Details

  • Land Lease of $1,391 per year expires in 50 years
  • Ground Rent

HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof

Interior Spaces

  • 1,097 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • 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
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.01-206S

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, trash, water
  • $116 Other Monthly Fees
  • High-Rise Condominium
  • Sea Colony Brandywine Community
  • Sea Colony East Subdivision
  • Property Manager

Recreation

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

Additional Features

  • Sauna
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$788

Year Built

Built in 1971

Lot Details

0

HOA Fees

$729 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Land Lease
  • Exclusions: Contents of Owner's Closets
  • Inclusions: All Furniture and Contents
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Remarks Public: OCEANSIDE - 2 bedroom and 2 bath home just steps to the sand and water. Ideal location is convenient to beach, outdoor pool, playground, tennis, outdoor BBQ and a short walk to downtown Bethany. Open floor plan provides spacious living/dining/kitchen layout with plenty of room for family and friends. Sunny and bright master bedroom is spacious with private bath. Guest bedroom is large enough for 2 queen beds. Second floor location makes it easy to use the stairs versus elevator. This home is sold fully furnished and has a strong rental history. Enjoy all Sea Colony has to offer at a great value!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Microwave, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Combination Dining/Living, Entry Level Bedroom, Flat, Floor Plan - Open, Window Treatments
  • Foundation Details: Pillar/Post/Pier
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1097
  • Living Area Sq Ft: 1097
  • Price Per Sq Ft: 364.63
  • Above Grade Finished Sq Ft: 1097
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 206

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, Below Grade
  • Construction Materials: Concrete
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

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

  • HOA Fees: 618.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1568.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Exercise Room, Fitness Center, Hot Tub, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Sauna, Security, 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, Insurance, Lawn Maintenance, Management, Reserve Funds, Trash, Water
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 1391.00
  • Other Fees Frequency: Annually
  • Capital Contribution Fee: 4000.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: 3rd Party
  • High School Source: Listing Agent
  • Middle School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Lease Amount: 1391.00
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 50
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2020
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Total Actual Rent: 22000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5115434
  • School Tax: 695.00
  • Tax Annual Amount: 788.00
  • Assessor Parcel Number: 134-17.00-56.01-206S
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/26/2021

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
May 8, 2003
Bought by
Kochie Steven G and Kochie Jennifer E
Total Days on Market
100
Current Estimated Value
$663,609
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
Kochie Steven G $293,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $385,000 -3.7% $351 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
10/16/2020 10/16/20 Price Changed $399,999 0.0% $365 / Sq Ft
10/16/2020 10/16/20 For Sale $399,999 +6.7% $365 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/03/2020 10/03/20 For Sale $375,000 -- $342 / 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 $970 $20,950 $0 $20,950
2023 $969 $20,950 $0 $20,950
2022 $953 $20,950 $0 $20,950
2021 $924 $20,950 $0 $20,950
2020 $882 $20,950 $0 $20,950
2019 $878 $20,950 $0 $20,950
2018 $887 $23,450 $0 $0
2017 $894 $23,450 $0 $0
2016 $788 $23,450 $0 $0
2015 $812 $23,450 $0 $0
2014 $800 $23,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU170538

Bright MLS

APN: 134-17.00-56.01-206S