$614,900
SOLD FEB 14, 2025

33624 Southwinds Ln Unit 50016 Bethany Beach, DE 19930

3 Beds
2 Baths
1,108 Sq Ft
$831/mo HOA Fee

Recently Sold

$555 Per Sq Ft

2% Below List Price

132 Days on Market

Highlights

  • Beach
  • Fitness Center
  • 19.37 Acre Lot
  • Lord Baltimore Elementary School Rated A-
  • 24-Hour Security
  • Deck

About This Home

As of February 2025

VACATION GETAWAY! RETIREMENT CONDO! INVESTMENT PROPERTY! All options are possible for this first floor, three-bedroom, two-bath, fully-furnished Vista attractively located in Delaware’s premier beachfront resort community. Built in 1993 and purchased by the current owners in 2012 who have never rented. It has been carefully maintained and used only by the owners and family members. Because of infrequent use, the Pennsylvania owners decided to sell. Throughout their ownership, they have improved interior and exterior living spaces. This home is located off Westway on Southwinds Lane. Southwinds Lane is a quiet cluster of homes, not a main thoroughfare and with an abundance of parking. For potential owners and investors, the newly renovated Aquatic Center, world-class Freeman Fitness Center, and tennis/pickle ball center are a reasonable walks, easy bike-rides, or short summer tram-rides away. FOR VACATION LIVING, this home is fully equipped, attractively located in the Sea Colony community, and ready for year-round use. FOR RETIREES, the home offers first floor, one floor living and only six steps to enter. FOR INVESTORS, Sea Colony boasts a robust pre-season, high-season, and off-season rental history. No matter the owner’s use, Sea Colony and Bethany Beach are vibrant year-round, coastal destinations. ALL SEA COLONY OWNERS and guests have full access to the one-half mile of private beach, 10 out-door swimming pools, 2 indoor pools, 2 fitness centers, extensive indoor and outdoor tennis and pickle ball courts, bocce ball court, putting green, lake privileges, playgrounds, summer beach-tram service, beautifully maintained grounds, and 24-hour security. There are EV charging stations in the East Side (beach side) parking lot and in Sea Colony West. The Selling Agent will provide a one-year Cinch Home Services Warranty.

Last Agent to Sell the Property

Kim Gundy

Long & Foster Real Estate, Inc. License #RS-0023969 Listed on: 09/14/2024

Long & Foster Real Estate, Inc.

Co-Listed By

Jay Gundy

Long & Foster Real Estate, Inc. License #RS0026298

Last Buyer's Agent

April Love Raimond

Redfin Corporation License #RA0031026

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,006

Year Built

  • Built in 1993

Lot Details

  • Land Lease expires in 68 years
  • Ground Rent
  • Property is in very good condition

HOA Fees

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,108 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Window Screens

Kitchen

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

Flooring

  • Solid Hardwood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Parking

  • Driveway
  • Off-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-41.00-50016

Community Details

Overview

  • $6,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, insurance, lawn maintenance, management, pest control, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash, water
  • Building Winterized
  • Phase Xv HOA
  • Low-Rise Condominium
  • Sea Colony West Xv Community
  • Sea Colony West Subdivision
  • Property Manager

Amenities

  • Community Center

Recreation

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

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,006

Year Built

Built in 1993

Lot Details

0

HOA Fees

$831 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: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
  • Ownership: Land Lease
  • Exclusions: Selected artwork, closet contents, and personal items.
  • Historic: No
  • Inclusions: Fully furnished as shown in the photos! The living room has a gas fireplace (currently not connected), 2 sofas, coffee table, and mounted flat screen TV; the dining room table has extension leaf and 6 chairs; the kitchen is fully equipped; the owners sui
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: VACATION GETAWAY! RETIREMENT CONDO! INVESTMENT PROPERTY! All options are possible for this first floor, three-bedroom, two-bath, fully-furnished Vista attractively located in Delaware’s premier beachfront resort community. Built in 1993 and purchased by the current owners in 2012 who have never rented. It has been carefully maintained and used only by the owners and family members. Because of infrequent use, the Pennsylvania owners decided to sell. Throughout their ownership, they have improved interior and exterior living spaces. This home is located off Westway on Southwinds Lane. Southwinds Lane is a quiet cluster of homes, not a main thoroughfare and with an abundance of parking. For potential owners and investors, the newly renovated Aquatic Center, world-class Freeman Fitness Center, and tennis/pickle ball center are a reasonable walks, easy bike-rides, or short summer tram-rides away. FOR VACATION LIVING, this home is fully equipped, attractively located in the Sea Colony community, and ready for year-round use. FOR RETIREES, the home offers first floor, one floor living and only six steps to enter. FOR INVESTORS, Sea Colony boasts a robust pre-season, high-season, and off-season rental history. No matter the owner’s use, Sea Colony and Bethany Beach are vibrant year-round, coastal destinations. ALL SEA COLONY OWNERS and guests have full access to the one-half mile of private beach, 10 out-door swimming pools, 2 indoor pools, 2 fitness centers, extensive indoor and outdoor tennis and pickle ball courts, bocce ball court, putting green, lake privileges, playgrounds, summer beach-tram service, beautifully maintained grounds, and 24-hour security. There are EV charging stations in the East Side (beach side) parking lot and in Sea Colony West. The Selling Agent will provide a one-year Cinch Home Services Warranty.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick, Solid Hardwood
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1108
  • Living Area Sq Ft: 1108
  • Price Per Sq Ft: 554.96
  • Above Grade Finished Sq Ft: 1108
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 33624

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
  • Construction Materials: Combination, Frame, Stick Built, Vinyl Siding
  • Roof: Architectural Shingle
  • 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, Driveway

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
  • Security: 24 Hour Security, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1732.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 761.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Bike Trail, Cable, Community Center, Fitness Center, Tennis - Indoor, Jog/Walk Path, Tennis Courts, Tot Lots/Playground, Security
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Insurance, Lawn Maintenance, Management, Pest Control, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash, Water
  • HOA Name: PHASE XV
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 6000.00

Schools

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

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 68
  • Land Use Code: 999
  • Lot Size Acres: 19.37
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 843757.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 897.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1006.00
  • Assessor Parcel Number: 134-17.00-41.00-50016
  • Tax Total Finished Sq Ft: 1108
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 02/14/2025

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
Sep 14, 2024
Closed on
Feb 14, 2025
Sold by
Laicha Kevin M
Bought by
Long Shaun and Marsh Katherine
Seller's Agent
Kim Gundy
Long & Foster Real Estate, Inc.
Buyer's Agent
April Love Raimond
Redfin Corporation
List Price
$629,900
Sold Price
$614,900
Premium/Discount to List
-$15,000
-2.38%
Total Days on Market
132
Views
279
Current Estimated Value
$611,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,136
Avg. Annual Appreciation
-1.75%
Original Mortgage
$415,000
Outstanding Balance
$414,308
Interest Rate
6.93%
Mortgage Type
Credit Line Revolving
Estimated Equity
$197,456
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 Type Sale Price Title Company
Deed $614,900 None Listed On Document
Deed $614,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $415,000 Credit Line Revolving
Closed $415,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $614,900 0.0% $555 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
12/30/2024 12/30/24 Price Changed $614,900 -2.4% $555 / Sq Ft
09/14/2024 09/14/24 For Sale $629,900 -- $569 / 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 $1,007 $20,950 $0 $20,950
2023 $1,006 $20,950 $0 $20,950
2022 $989 $20,950 $0 $20,950
2021 $960 $20,950 $0 $20,950
2020 $916 $20,950 $0 $20,950
2019 $912 $20,950 $0 $20,950
2018 $921 $24,350 $0 $0
2017 $928 $24,350 $0 $0
2016 $818 $24,350 $0 $0
2015 $843 $24,350 $0 $0
2014 $831 $24,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2070500

Bright MLS

APN: 134-17.00-41.00-50016