NOT LISTED FOR SALE

207 Farragut House Rd Bethany Beach, DE 19930

3 Beds
2 Baths
1,060 Sq Ft
$542/mo HOA Fee

Last Sold January 15, 2019

Last sale price $613,500 $579 Per Sq Ft

28 Days on Market

Highlights

  • Ocean View
  • Primary bedroom faces the ocean
  • Private Beach
  • Lord Baltimore Elementary School Rated A-
  • Beach
  • Private Water Access

About This Home

As of January 2019

"OCEANFRONT SPLENDOR" A direct oceanfront getaway in the Sea Colony "point" section, this completely renovated and beautifully decorated, 3-bedroom, 2-bath condo has one of the closest ocean views in all of Sea Colony. The well-appointed and open kitchen is beautifully finished and includes granite countertops, stainless appliance package, bead-board backsplash. Remodeled custom baths include a custom walk-in shower in the master, and tile surround bath and tub with decorative tiles in the second bath. Custom paint, bead-board in the living and dining area, crown molding throughout, tile flooring in the living areas, and wood-look laminate in the bedrooms and den show beautifully. Ceiling fans, plantation shutters, custom draperies and comfortable furnishings and tasteful touches throughout complete this beautiful and well-cared for condo. Includes flat screen TVs in every room and high-speed router/modem package for fast internet. This second floor unit is only one floor from beach access, the adult/kids pool. No need to wait at the elevators! This super convenient condo is also steps from the Sea Colony Deli, and many other local stores and restaurants. It includes covered parking right next to the elevator. Rated a "PLATINUM" property by Resort Quest, this unit consistently generated over 30K in rental income each season. Recent updates include new AC, refrigerator, dishwasher and garbage disposal.

Last Agent to Sell the Property

Tammy Hadder

Long & Foster Real Estate, Inc. License #RA-0020481 Listed on: 11/04/2018

Long & Foster Real Estate, Inc.

Co-Listed By

Anna Meiklejohn

Long & Foster Real Estate, Inc. License #RS-0024096

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,057

Year Built

  • Built in 1977

Lot Details

  • Private Beach
  • Sandy Beach
  • Land Lease of $2,000 per year expires in 57 years
  • Ground Rent expires in 57 years
  • Property is in very good condition

HOA Fees

  • $542 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Window Screens
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Electric Washer and Dryer

Parking

  • Electric Vehicle Home Charger
  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Private Water Access
  • Property is near an ocean
  • Balcony
  • Storage Shed
  • Outbuilding

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.04-207

Community Details

Overview

  • $2,424 Recreation Fee
  • $2,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, insurance, management, reserve funds, trash, water
  • High-Rise Condominium
  • Sea Colony Farragut Community
  • Sea Colony East Subdivision

Amenities

  • Common Area
  • Elevator

Recreation

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

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,057

Year Built

Built in 1977

Lot Details

0

HOA Fees

$542 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Land Lease
  • Inclusions: Home being sold fully furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1977
  • Remarks Public: "OCEANFRONT SPLENDOR" A direct oceanfront getaway in the Sea Colony "point" section, this completely renovated and beautifully decorated, 3-bedroom, 2-bath condo has one of the closest ocean views in all of Sea Colony. The well-appointed and open kitchen is beautifully finished and includes granite countertops, stainless appliance package, bead-board backsplash. Remodeled custom baths include a custom walk-in shower in the master, and tile surround bath and tub with decorative tiles in the second bath. Custom paint, bead-board in the living and dining area, crown molding throughout, tile flooring in the living areas, and wood-look laminate in the bedrooms and den show beautifully. Ceiling fans, plantation shutters, custom draperies and comfortable furnishings and tasteful touches throughout complete this beautiful and well-cared for condo. Includes flat screen TVs in every room and high-speed router/modem package for fast internet. This second floor unit is only one floor from beach access, the adult/kids pool. No need to wait at the elevators! This super convenient condo is also steps from the Sea Colony Deli, and many other local stores and restaurants. It includes covered parking right next to the elevator. Rated a "PLATINUM" property by Resort Quest, this unit consistently generated over 30K in rental income each season. Recent updates include new AC, refrigerator, dishwasher and garbage disposal.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Flooring Type: Ceramic Tile, Laminated
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Upgraded Countertops, Wainscotting, Window Treatments, Wood Floors
  • Window Features: Screens
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1060
  • Living Area Sq Ft: 1060
  • Price Per Sq Ft: 602.83
  • Above Grade Finished Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 207

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
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Composition, Masonry
  • Exterior Features: Private Beach, Outbuilding(s)
  • Roof: Metal
  • View: Ocean
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Atlantic
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Electric Vehicle Charging Station(s)
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone Available, Water Available, Sewer Available
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6500.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Common Grounds, Elevator, Exercise Room, Fitness Center, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Security, Swimming Pool, Tennis - Indoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Insurance, Management, Reserve Funds, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 2424.00
  • Association Recreation Fee: Yes
  • Community Pool Features: In Ground, Indoor

Fee Information

  • Capital Contribution Fee: 2000.00

Schools

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

Lot Info

  • Land Lease Amount: 2000.00
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 57
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: A
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 57
  • Lease Considered: No
  • Total Actual Rent: 31200.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5115980
  • School Tax: 932.00
  • Tax Annual Amount: 1057.00
  • Assessor Parcel Number: 134-17.00-56.04-207
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 01/15/2019

Multi Family

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

MLS Schools

  • School District Name: INDIAN RIVER

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
01/15/2019 01/15/19 Sold $613,500 -4.0% $579 / Sq Ft
12/02/2018 12/02/18 Pending -- -- --
11/04/2018 11/04/18 For Sale $639,000 -- $603 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU102078

Bright MLS