NOT LISTED FOR SALE

208 Farragut House Rd Bethany Beach, DE 19930

Estimated Value: $974,000 - $1,078,000

3 Beds
2 Baths
1,275 Sq Ft
$558/mo HOA Fee

Last Sold November 30, 2018

Last sale price $660,000 $518 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,431/month

607 Days on Market

Highlights

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

About This Home

As of November 2018

Incomparable Oceanfront Splendor! Flooded with light, this larger, point, floor plan includes 3 bedrooms of which 2 of them are oceanfront. You will love the amazing views from the moment you step through the front door. Among this homes exceptional features are: open floor plan kitchen, new TV and stand in Living room, tile kitchen backsplash, and recently replaced hot water heater. The lower floor height, and almost at the dune line location, really gives you the feel of living in an oceanfront home. Ready to move into and enjoy this 1275 square foot home which is currently on the rental market and has been a great income producer with over $37,000 last year alone.

Last Agent to Sell the Property

Anna Meiklejohn

Long & Foster Real Estate, Inc. License #RS-0024096 Listed on: 03/06/2017

Long & Foster Real Estate, Inc.

Co-Listed By

Tammy Hadder

Long & Foster Real Estate, Inc. License #RA-0020481

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

  • $1,362

Year Built

  • Built in 1977

Lot Details

  • Sandy Beach
  • Ground Rent expires in 59 years
  • Property is in very good condition

HOA Fees

  • $558 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Stone Siding
  • Masonry

Interior Spaces

  • 1,275 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 1 Parking Space Included
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Outdoor Features

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

Location

  • Flood Risk

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.04-208

Community Details

Overview

  • $2,424 Recreation Fee
  • Association fees include cable TV, exterior building maintenance, insurance, lawn maintenance, management, reserve funds, trash, water
  • 108 Units
  • Low-Rise Condominium
  • Built by Georgetown House
  • Sea Colony Farragut Community
  • Sea Colony East Subdivision

Recreation

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

Additional Features

  • 2 Elevators
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,362

Year Built

Built in 1977

Lot Details

0

HOA Fees

$558 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator, Level Entry - Main
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1977
  • Remarks Public: Incomparable Oceanfront Splendor! Flooded with light, this larger, point, floor plan includes 3 bedrooms of which 2 of them are oceanfront. You will love the amazing views from the moment you step through the front door. Among this homes exceptional features are: open floor plan kitchen, new TV and stand in Living room, tile kitchen backsplash, and recently replaced hot water heater. The lower floor height, and almost at the dune line location, really gives you the feel of living in an oceanfront home. Ready to move into and enjoy this 1275 square foot home which is currently on the rental market and has been a great income producer with over $37,000 last year alone.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, 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: Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Elevators Count: 2
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Living Area Units: Square Feet
  • Total Sq Ft: 1275
  • Living Area Sq Ft: 1275
  • Net Sq Ft: 1275.00
  • Price Per Sq Ft: 548.24
  • Above Grade Finished Sq Ft: 1275
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 208

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
  • Construction Materials: Masonry, Stone
  • Construction Completed: Yes
  • Exterior Features: Outbuilding(s)
  • Roof: Metal
  • View: Ocean
  • Water Access: Yes
  • 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
  • Number Of Parking Spaces Included: 1-Car Parking

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
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 286.00
  • Water Source: Private

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6700.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Elevator, Fitness Center, Jog/Walk Path, Reserved/Assigned Parking, Tot Lots/Playground, Swimming Pool, Pool - Outdoor, Security, Tennis - Indoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Cable Tv, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Reserve Funds, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 2424.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Indoor

Schools

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

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL PLANNED COMM
  • Zoning Description: RESIDENTIAL PLANNED COMM.
  • In City Limits: No

Building Info

  • Builder Name: Georgetown House
  • Building Features: Elevator, Guard System

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 59
  • Total Actual Rent: 37990.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 134-17.00-56.04-208
  • County Tax Payment Frequency: Annually
  • Close Date: 11/30/2018

Multi Family

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

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Nov 23, 2018
Sold by
Malamet Raymond L and Malamet Susan R
Bought by
Prestel Gregory P and Prestle Sharon W
Seller's Agent
Anna Meiklejohn
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Total Days on Market
607
Current Estimated Value
$1,026,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,000
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Nov 23, 1994
Bought by
Malamet Raymond L and Malamet Susan R
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
Prestel Gregory P $660,000 --
Malamet Raymond L $212,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $660,000 -5.6% $518 / Sq Ft
11/03/2018 11/03/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $699,000 0.0% $548 / Sq Ft
08/21/2018 08/21/18 Price Changed $699,000 -4.2% $548 / Sq Ft
03/10/2018 03/10/18 Price Changed $729,900 -3.3% $572 / Sq Ft
01/12/2018 01/12/18 Price Changed $754,900 -1.8% $592 / Sq Ft
08/02/2017 08/02/17 Price Changed $769,000 -2.5% $603 / Sq Ft
03/06/2017 03/06/17 For Sale $789,000 -- $619 / 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 $1,362 $31,450 $0 $31,450
2023 $1,361 $31,450 $0 $31,450
2022 $1,339 $31,450 $0 $31,450
2021 $1,299 $31,450 $0 $31,450
2020 $1,239 $31,450 $0 $31,450
2019 $1,234 $31,450 $0 $31,450
2018 $1,246 $32,950 $0 $0
2017 $1,256 $32,950 $0 $0
2016 $1,107 $32,950 $0 $0
2015 $1,141 $32,950 $0 $0
2014 $1,124 $32,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anna Meiklejohn

    Seller's Agent in 2018

    Anna Meiklejohn

    Long & Foster

    (302) 420-8597

    61 in this area

    89 Total Sales

    Anna Meiklejohn
    Section Image
  • Tammy Hadder

    Seller Co-Listing Agent in 2018

    Tammy Hadder

    Long & Foster

    (302) 249-2470

    51 in this area

    69 Total Sales

    Tammy Hadder
    Section Image
  • Leslie Kopp

    Buyer's Agent in 2018

    Leslie Kopp

    Long & Foster

    (302) 542-3917

    410 in this area

    778 Total Sales

    Leslie Kopp
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001566874

Bright MLS

APN: 134-17.00-56.04-208

Delaware Sussex County Bethany Beach 19930

208 Farragut House Rd, Bethany Beach, DE

This home is located at 208 Farragut House Rd, Bethany Beach, DE 19930 since 06 March 2017 and is currently estimated at $1,026,000, approximately $804 per square foot. This property was built in 1977. 208 Farragut House Rd is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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