NOT LISTED FOR SALE

206 Island House Rd Bethany Beach, DE 19930

Estimated Value: $864,646 - $1,089,000

3 Beds
2 Baths
1,060 Sq Ft
$661/mo HOA Fee

Last Sold December 01, 2017

Last sale price $560,000 $528 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,152/month

117 Days on Market

Highlights

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

About This Home

As of December 2017

An Absolutely Stunning View - Just you and the ocean from this second floor home. Kitchen has been opened up and fully renovated. Bathrooms have both been redone. This home has been very well maintained and cared for just awaiting your arrival. While the current owners have used this as a limited rental home over the years, it doesn't look like it at all. Almost $24,000 gross and they just rent July and August each year. Sea Colony offers a 1/2 mile private beach, 12 swimming pools with two indoors, 34 tennis courts including 6 indoors, a fully redone Freeman Fitness center, and a tram system for ease of memory creating. This is the first time on the market since the home was built. Live Better!

Last Agent to Sell the Property

Steve Alexander

Keller Williams Realty License #RA-0020488 Listed on: 06/09/2017

Keller Williams Realty

Last Buyer's Agent

SARAH FRENCH

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,445

Year Built

  • Built in 1980

Lot Details

  • Landscaped
  • Ground Rent of $2,000 per year expires in 62 years

HOA Fees

Home Design

  • Metal Roof
  • Metal Siding
  • Concrete Perimeter Foundation
  • Composite Building Materials

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Ocean Views
  • Stacked Electric Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

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

Home Security

Parking

  • 1 Parking Space Included
  • Shared Driveway
  • Assigned Parking

Outdoor Features

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

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.07-206

Community Details

Overview

  • Low-Rise Condominium
  • Island House Community
  • Sea Colony East Subdivision

Amenities

  • Sauna
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Bike Trail

Security

  • Security Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,445

Year Built

Built in 1980

Lot Details

0

HOA Fees

$661 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: 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: An Absolutely Stunning View - Just you and the ocean from this second floor home. Kitchen has been opened up and fully renovated. Bathrooms have both been redone. This home has been very well maintained and cared for just awaiting your arrival. While the current owners have used this as a limited rental home over the years, it doesn't look like it at all. Almost $24,000 gross and they just rent July and August each year. Sea Colony offers a 1/2 mile private beach, 12 swimming pools with two indoors, 34 tennis courts including 6 indoors, a fully redone Freeman Fitness center, and a tram system for ease of memory creating. This is the first time on the market since the home was built. Live Better!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Electric, Oven - Self Cleaning, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Entry Level Bedroom, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, 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: 547.08
  • Above Grade Finished Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 206

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Metal Siding, Composition
  • Construction Completed: Yes
  • Exterior Features: Outbuilding(s), Sidewalks
  • Roof: Metal
  • 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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Assigned, Shared Driveway, Paved Driveway, Under Home Parking
  • Number Of Parking Spaces Included: 1-Car Parking
  • Total Garage And Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2424.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 5508.00
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Bike Trail, Cable, Elevator, Fitness Center, Hot Tub, Reserved/Assigned Parking, Swimming Pool, Pool - Outdoor, Sauna, Security, Tennis - Indoor, Tennis Courts
  • HOA: Yes
  • Association Recreation Fee: Yes
  • Community Pool Features: Indoor

Schools

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

Lot Info

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

Building Info

  • Building Features: Elevator, Guard System

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 2000.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 62
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 134-17.00-56.07-206
  • County Tax Payment Frequency: Annually
  • Close Date: 12/01/2017

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

Listed on
Jun 9, 2017
Closed on
Dec 7, 2017
Sold by
Bisset James F and Bisset Kay J
Bought by
Lancaster Scott R and Lancaster Denise D
Seller's Agent
Steve Alexander
Keller Williams Realty
Buyer's Agent
SARAH FRENCH
Long & Foster Real Estate, Inc.
List Price
$599,900
Sold Price
$560,000
Premium/Discount to List
-$39,900
-6.65%
Total Days on Market
117
Current Estimated Value
$1,012,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,162
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Sep 30, 1998
Bought by
Bisset James F Jr Kay J
Source: Public Records

Similar Homes in Bethany Beach, DE

  • 602 Harbour House Rd, Bethany Beach, DE 19930

    $1,100,000

    • 3 Beds
    • 2 Baths
    • 1,060 Sq Ft
    • 602 Harbour House Rd
    • Bethany Beach, DE

    Welcome to 602 Harbour House, a stunning oceanfront condominium in the sought-after Sea Colony community of Bethany Beach. This beautifully maintained and freshly painted residence is being sold fully furnished, offering a turnkey opportunity to enjoy the coastal lifestyle from day one. Step inside to find a bright and airy open-concept living space with floor-to-ceiling sliding door windows

    Sarah Schifano Long & Foster Real Estate, Inc.

    Section Image
  • 911 Harbour House Unit 911, Bethany Beach, DE 19930

    $1,195,000

    • 4 Beds
    • 2 Baths
    • 1,175 Sq Ft
    • 911 Harbour House
    • Unit 911
    • Bethany Beach, DE

    9th floor Harbour House penthouse (Sea Colony East) with vaulted ceilings and new upgrades including: common area paint, common area LVP flooring, 36" Italian Verona range, Samsung refrigerator, Bosch dishwasher, fantasy blue granite, 50 gallon water heater (2025), HVAC (2023), bathooms (2023), full panel door throughout, base and door trim, and Murphy bed wall unit with drawers (bedroom 3). Two

    Christopher Carr HomeZu

    Section Image
  • 202 Farragut House Rd Unit 202, Bethany Beach, DE 19930

    $950,000

    • 3 Beds
    • 2 Baths
    • 1,060 Sq Ft
    • 202 Farragut House Rd
    • Unit 202
    • Bethany Beach, DE

    Introducing 202 Farragut House! Offering sweeping views of the Atlantic Ocean, beach, heated lap pool and kiddie pool. This lovely 3 bedroom/2 full bath oceanfront condominium presents an eastern exposure with glorious morning sun, newly upgraded Luxury Vinyl Plank in Dining Room, textured carpet in Living Room and Bedrooms and ceramic tile in Kitchen and Baths. Calm coastal pallet depicts a

    Leslie Kopp Long & Foster Real Estate, Inc.

    Section Image
  • 110 Farragut House Rd Unit 110, Bethany Beach, DE 19930

    $1,195,000

    • 3 Beds
    • 2 Baths
    • 1,060 Sq Ft
    • 110 Farragut House Rd
    • Unit 110
    • Bethany Beach, DE

    Coastal luxury awaits in this beautifully renovated oceanfront condo with high-end finishes! Enjoy breathtaking views while cooking, entertaining, or relaxing outside on your private patio with a glass of wine. This amazing location is just steps to the beach and provides direct beach access to let Fido out, with no need to use the elevators! Inside, the high-end finishes include heated luxury

    Linda Lizzio Long & Foster Real Estate, Inc.

    Section Image
  • 111 Farragut House Rd Unit 111, Bethany Beach, DE 19930

    $950,000

    • 3 Beds
    • 2 Baths
    • 1,060 Sq Ft
    • 111 Farragut House Rd
    • Unit 111
    • Bethany Beach, DE

    Paradise awaits you in the beautiful beach and tennis resort of Sea Colony East. This remodeled, OCEAN-FRONT , immaculate beauty offers three updated bedrooms and two bathrooms with an updated and enlarged primary bath with double sinks. Fabulous kitchen with granite countertops, ceramic backsplash, white cabinetry, and recently updated (2021) Stainless Steel GE appliances. The easily

    Dennis Mather Long & Foster Real Estate, Inc.

    Section Image
  • 501 N Edgewater House Rd Unit 501N, Bethany Beach, DE 19930

    $1,190,000

    • 2 Beds
    • 2 Baths
    • 1,265 Sq Ft
    • 501 N Edgewater House Rd
    • Unit 501N
    • Bethany Beach, DE

    Peaceful and refreshing - this lovely oceanfront condo matches the beautiful view you can enjoy throughout. Located in the heart of Sea Colony's oceanfront community, this sophisticated property looks out over the iconic Edgewater House promenade and across Sea Colony's pristine beach and the magnificent Atlantic Ocean. Inside you will find timeless updates throughout. The crisp, updated and

    Sarah Schifano Long & Foster Real Estate, Inc.

    Section Image
  • 902 Dover House Rd Unit 902S, Bethany Beach, DE 19930

    $950,000

    • 2 Beds
    • 1.5 Baths
    • 902 Dover House Rd
    • Unit 902S
    • Bethany Beach, DE

    This penthouse oceanfront condo with breathtaking views is a rare find, It is a one-bedroom plus a loft used as a 2nd bedroom and 1.5 baths. Being sold furnished and ready for the summer season. Sea Colony East offers a 1/2 mile of private beach as well as 5 heated outdoor and 1 indoor heated pool and fitness center. Use the tram to Sea Colonys tennis community where you will find a state of the

    AVA TANSEY TANSEY WARNER

    Section Image
  • 404 Chesapeake House Rd Unit 404N, Bethany Beach, DE 19930

    $999,000

    • 2 Beds
    • 2 Baths
    • 1,097 Sq Ft
    • 404 Chesapeake House Rd
    • Unit 404N
    • Bethany Beach, DE

    Absolutely one of the most gorgeous views in Sea Colony East. This 2013 completely renovated coastal 2 bedroom, 2 bath oceanfront condominium located in the sought-after Chesapeake House is being offered fully furnished and sold IN FEE, (No Ground Rent). Tiled spacious open floor plan includes a remodeled kitchen showcasing a decorative tin “Facade” ceiling, stainless appliances including a

    Leslie Kopp Long & Foster Real Estate, Inc.

    Section Image
  • 605 Chesapeake House Rd Unit 605N, Bethany Beach, DE 19930

    $759,000

    • 2 Beds
    • 2 Baths
    • 1,097 Sq Ft
    • 605 Chesapeake House Rd
    • Unit 605N
    • Bethany Beach, DE

    Presenting 605 Chesapeake House. Currently the lowest priced 2 Bedroom, 2 full bath condominium being offered in the beautiful beach and tennis resort of Sea Colony East! This spacious, 1097 sq ft oceanfront get-a-way or investment property provides stunning, northern exposure for views of glorious morning sunrises and the Bethany Beach coastline. Being sold “In-Fee” (no Ground Lease) and in

    Leslie Kopp Long & Foster Real Estate, Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lancaster Scott R $560,000 --
Bisset James F Jr Kay J $122,200 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $560,000 -3.4% $528 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
09/24/2017 09/24/17 Price Changed $579,900 -3.3% $547 / Sq Ft
06/09/2017 06/09/17 For Sale $599,900 -- $566 / 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

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001030460

Bright MLS

APN: 134-17.00-56.07-206