NOT LISTED FOR SALE

305N Annapolis House Unit 305N Bethany Beach, DE 19930

2 Beds
2 Baths
1,097 Sq Ft
$500/mo HOA Fee

Last Sold December 14, 2018

Last sale price $290,000 $264 Per Sq Ft

Highlights

  • Beach
  • Private Beach
  • 24-Hour Security
  • Lord Baltimore Elementary School Rated A-
  • Fitness Center
  • Lake Privileges

About This Home

As of December 2018

Fantastic Investment Opportunity awaits you in this beautiful beach and tennis resort community of Sea Colony. Over $20,000 in gross rental income per season. Low buy in cost and completely turn key. This 2 bedroom and 2 bath oceanside condominium is just steps to the oceanfront pools and 1/2 mile private, guarded beach. Offering an open floor plan and impeccably maintained. Lovely furnishings and decorations everything you see conveys! Short walk to downtown Bethany and its quiet, residential boardwalk that is filled with wonderful restaurants and fabulous shopping. Tennis enthusiats dream of Sea Colony and its USTA known programs and tournaments. State-of-the-art Fitness Center and indoor pool is surpassed by none. Fitness Center open year round and offers almost 18000 sq ft of new equipment with extensive variety of weights and cardio, classes and training. Children's Programs and Adult Programs to keep everyone on the go! Sea Colony is the only resort of its kind on our shoreline!

Last Agent to Sell the Property

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 10/30/2018

Long & Foster Real Estate, Inc.

Co-Listed By

GAIL PHELAN

(302) 233-4909 gail@lesliekopp.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Steve Alexander

(443) 497-4902 steve@srarealty.com Keller Williams Realty License #RA-0020488

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $887

Year Built

  • Built in 1972

Lot Details

  • Private Beach
  • Two or More Common Walls
  • Land Lease of $2,000 per year expires in 55 years
  • Ground Rent expires in 55 years
  • Property is in very good condition

HOA Fees

Home Design

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

Interior Spaces

  • 1,097 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Dining Area
  • Stacked Washer and Dryer

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Home Security

Parking

  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Outdoor Features

  • Lake Privileges
  • Balcony
  • Outbuilding

Location

  • Flood Risk

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.01-305N

Community Details

Overview

  • Association fees include lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash, water
  • High-Rise Condominium
  • Sea Colony Annapolis Community
  • Sea Colony East Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Sauna
  • Meeting Room

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Community Spa
  • Recreational Area
  • Bike Trail

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$887

Year Built

Built in 1972

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator, Level Entry - Main
  • Ownership: Land Lease
  • Exclusions: Contents of Owners Closet
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Remarks Public: Fantastic Investment Opportunity awaits you in this beautiful beach and tennis resort community of Sea Colony. Over $20,000 in gross rental income per season. Low buy in cost and completely turn key. This 2 bedroom and 2 bath oceanside condominium is just steps to the oceanfront pools and 1/2 mile private, guarded beach. Offering an open floor plan and impeccably maintained. Lovely furnishings and decorations everything you see conveys! Short walk to downtown Bethany and its quiet, residential boardwalk that is filled with wonderful restaurants and fabulous shopping. Tennis enthusiats dream of Sea Colony and its USTA known programs and tournaments. State-of-the-art Fitness Center and indoor pool is surpassed by none. Fitness Center open year round and offers almost 18000 sq ft of new equipment with extensive variety of weights and cardio, classes and training. Children's Programs and Adult Programs to keep everyone on the go! Sea Colony is the only resort of its kind on our shoreline!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Ceramic Tile, Partially Carpeted
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Galley, Primary Bath(s), Upgraded Countertops, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pillar/Post/Pier
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1097
  • Living Area Sq Ft: 1097
  • Price Per Sq Ft: 290.79
  • Above Grade Finished Sq Ft: 1097
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305N

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: Composition, Masonry
  • Exterior Features: Outbuilding(s), Private Beach
  • Road Surface Type: Paved
  • 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: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Electric, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 2424.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3572.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Bike Trail, Common Grounds, Elevator, Exercise Room, Fitness Center, Hot Tub, Lake, Meeting Room, Non-Lake Recreational Area, Picnic Area, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Sauna, Security, Swimming Pool, Tennis - Indoor, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges, Cable
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: Yes
  • Community Pool Features: Fenced, Heated, In Ground, Indoor, Lap/Exercise

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Lease Amount: 2000.00
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 55
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good, Good
  • Zoning: A
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 55
  • Total Actual Rent: 20211.86
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5115467
  • School Tax: 782.00
  • Tax Annual Amount: 887.00
  • Assessor Parcel Number: 134-17.00-56.01-305N
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 12/14/2018

Multi Family

  • Income Expense List: Annual Ground Rent

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 List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $290,000 -9.1% $264 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
10/30/2018 10/30/18 For Sale $319,000 -- $291 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Leslie Kopp

    Seller's Agent in 2018

    Leslie Kopp

    Long & Foster

    (302) 542-3917

    371 in this area

    710 Total Sales

    Leslie Kopp
    Section Image

  • G

    Seller Co-Listing Agent in 2018

    GAIL PHELAN

    Long & Foster

    (302) 233-4909

    92 in this area

    139 Total Sales

    GAIL PHELAN
    Section Image
  • Steve Alexander

    Buyer's Agent in 2018

    Steve Alexander

    Keller Williams Realty

    (443) 497-4902

    10 in this area

    22 Total Sales

    Steve Alexander
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU100004

Bright MLS
Delaware Sussex County Bethany Beach 19930

305N Annapolis House Unit 305N, Bethany Beach, DE

This home is located at 305N Annapolis House Unit 305N, Bethany Beach, DE 19930 since 30 October 2018. This property was built in 1972. 305N Annapolis House Unit 305N 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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