NOT LISTED FOR SALE

39082 Seashell Ln Unit 54051 Bethany Beach, DE 19930

Estimated Value: $778,877 - $818,000

4 Beds
3 Baths
1,638 Sq Ft
$404/mo HOA Fee

Last Sold October 23, 2020

Last sale price $489,900 $299 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,720/month

4 Days on Market

Highlights

  • Beach
  • Private Beach
  • Fitness Center
  • Lord Baltimore Elementary School Rated A-
  • Private Beach Club
  • Transportation Service

About This Home

As of October 2020

Spacious Sea Colony award winning floorplan with wrap-a-round screened porch and decks. Four Bedrooms and three full baths. Bright and airy inside with cathedral ceilings. Convenient location adjacent to the communities aquatics center and the Freeman Fitness Center. Walk, Bike or jump on the free shuttle to the community's 1/2 mile of private guarded pristine ocean beach. Indoor and outdoor saltwater pools and indoor and outdoor tennis courts. Year-round security and on-site management help make ownership carefree. Successful vacation rental property with over $25,000 in rental income this summer. Referred to as the "Quiet Resorts" , Bethany Beach and Sea Colony offers a family friendly beach retreat to be enjoyed all year long.

Last Agent to Sell the Property

William Hand

(443) 880-1980 Bill@billhand.com Long & Foster Real Estate, Inc. License #RA-0020486 Listed on: 09/01/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Sarah Schifano

(302) 858-3945 sarahschifano@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,081

Year Built

  • Built in 1997

Lot Details

  • Private Beach
  • Southwest Facing Home
  • Extensive Hardscape
  • Land Lease of $2,000 per year expires in 76 years
  • Ground Rent expires in 76 years

HOA Fees

  • $404 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Villa
  • Entry on the 2nd floor
  • Frame Construction
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,638 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Bar
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Dining Area
  • Upgraded Countertops
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Lake Privileges
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Storage
  • Playground
  • Wrap Around Porch

Location

  • Flood Risk
  • Bayside

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-41.00-54051

Community Details

Overview

  • $618 Recreation Fee
  • $2,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, insurance, lawn maintenance, management, reserve funds, snow removal, trash, water
  • $167 Other Monthly Fees
  • Low-Rise Condominium
  • Built by Carl M. Freeman Associates
  • Sea Colony West Subdivision, Vista Floorplan
  • Sea Colony West Xviii Community
  • Community Lake

Amenities

  • Transportation Service
  • Picnic Area
  • Common Area
  • Sauna
  • Clubhouse
  • Recreation Room

Recreation

  • Beach
  • Private Beach Club
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Saltwater Community Pool
  • Community Spa
  • Jogging Path
  • Bike Trail

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,081

Year Built

Built in 1997

Lot Details

0

HOA Fees

$404 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat, Villa
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Land Lease
  • Exclusions: Personal belongings, contents of closets and some artwork.
  • Home Warranty: No
  • Inclusions: Sold Furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-09-03
  • Federal Flood Zone: Yes
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Interior Amenities: Attic, Bar, Carpet, Ceiling Fan(s), Dining Area, Flat, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1638
  • Living Area Sq Ft: 1638
  • Price Per Sq Ft: 299.08
  • Above Grade Finished Sq Ft: 1638
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Play Area, Private Beach, Secure Storage, Sidewalks, Street Lights, Tennis Court(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1211.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Beach Club, Bike Trail, Club House, Common Grounds, Exercise Room, Fitness Center, Hot Tub, Jog/Walk Path, Lake, Picnic Area, Pool - Indoor, Pool - Outdoor, Recreational Center, Security, Sauna, Swimming Pool, Tennis - Indoor, Tennis Courts, Tot Lots/Playground, Transportation Service, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Insurance, Lawn Maintenance, Management, Reserve Funds, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 618.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Heated, Indoor, Saltwater

Fee Information

  • Other Fees: 2000.00
  • Other Fees Frequency: Annually
  • Capital Contribution Fee: 2000.00

Schools

  • 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: 76
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened, Wrap Around
  • Zoning: HR-1
  • In City Limits: No

Building Info

  • Builder Name: Carl M. Freeman Associates

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 76
  • Lease Considered: No
  • Total Actual Rent: 25000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5114160
  • School Tax: 953.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1081.00
  • Assessor Parcel Number: 134-17.00-41.00-54051
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

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 1, 2020
Closed on
Oct 23, 2020
Sold by
A M Prittchard Jr Irt
Bought by
Tomoiaga Delia and Feinstein Paul G
Seller's Agent
William Hand
Long & Foster Real Estate, Inc.
Buyer's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
List Price
$489,900
Sold Price
$489,900
Current Estimated Value
$798,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,069
Avg. Annual Appreciation
9.94%
Original Mortgage
$367,425
Outstanding Balance
$326,805
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$472,164

Purchase Details

Closed on
Aug 15, 2000
Bought by
Pritchard Arthur H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Tomoiaga Delia $489,900 None Available
Pritchard Arthur H $269,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomoiaga Delia $367,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $489,900 0.0% $299 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $489,900 -- $299 / 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
2025 $1,409 $28,750 $0 $28,750
2024 $1,362 $28,750 $0 $28,750
2023 $1,360 $28,750 $0 $28,750
2022 $1,339 $28,750 $0 $28,750
2021 $1,299 $28,750 $0 $28,750
2020 $1,217 $28,750 $0 $28,750
2019 $1,211 $28,750 $0 $28,750
2018 $1,223 $32,350 $0 $0
2017 $1,233 $32,350 $0 $0
2016 $1,087 $32,350 $0 $0
2015 $1,120 $32,350 $0 $0
2014 $1,103 $32,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU168156

Bright MLS

APN: 134-17.00-41.00-54051