$243,500
SOLD SEP 12, 2019

39314 Racquet Ln Unit 8408 Bethany Beach, DE 19930

2 Beds
2 Baths
1,060 Sq Ft
$592/mo HOA Fee

Recently Sold

$230 Per Sq Ft

11% Below List Price

Highlights

  • Beach
  • Fitness Center
  • Coastal Architecture
  • Lord Baltimore Elementary School Rated A-
  • View of Trees or Woods
  • Deck

About This Home

As of July 2023

Welcome to 8408 Racquet Lane located in "The Premier Family Beach and Tennis Resort Community"...Sea Colony! This community offers exclusive access to a private guarded beach, 12 pools(2 indoor/10 outdoor),a world class tennis center with indoor and outdoor courts, state of the art fitness centers, hiking and biking trails, playgrounds, picnic areas, beach shuttles and around the clock security. 8408 Racquet Lane is a first floor END unit with a bump out and additional side windows making it more airy and spacious. This unit has been renovated and well cared for. The kitchen, living and dining areas and 2 bedrooms boast beautiful hardwood floors. The 2 full baths have attractive tile flooring. Furnishings are tasteful and attractive and included in the sale of this property. Natural light fills this place within but if your in the mood for some fresh air, there is a large private deck off the living area nestled amongst mature trees. 8408 Racquet is located in an ideal location...across from one of Sea Colony's many pools and adjacent to its world class tennis center. A short walk to the beach but if you prefer a ride, there is a beach shuttle stop just steps away. In Sea Colony fun times are had by all...its a great place to make your beach home!* Seller will assist with the $2000 new owner fee with an acceptable offer by 5/1*

Last Agent to Sell the Property

Chrisy Tingle

Keller Williams Realty License #RS-0023952 Listed on: 09/26/2018

Keller Williams Realty

Last Buyer's Agent

Anna Meiklejohn

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

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $955

Year Built

  • Built in 1987

Lot Details

  • Ground Rent
  • Property is in very good condition

HOA Fees

Property Views

  • Pond
  • Woods

Home Design

  • Coastal Architecture
  • Bump-Outs
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Recessed Lighting
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed

Location

  • Flood Risk

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot -8408
  • Assessor Parcel Number 134-17.00-48.00-8408

Community Details

Overview

  • Association fees include cable TV, common area maintenance, insurance, lawn maintenance, management, pool(s), trash, water, exterior building maintenance, recreation facility, road maintenance, snow removal
  • Low-Rise Condominium
  • Sea Colony West X Community
  • Sea Colony West Subdivision

Recreation

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

Additional Features

  • Sauna
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$955

Year Built

Built in 1987

Lot Details

0

HOA Fees

$592 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Remarks Public: Welcome to 8408 Racquet Lane located in "The Premier Family Beach and Tennis Resort Community"...Sea Colony! This community offers exclusive access to a private guarded beach, 12 pools(2 indoor/10 outdoor),a world class tennis center with indoor and outdoor courts, state of the art fitness centers, hiking and biking trails, playgrounds, picnic areas, beach shuttles and around the clock security. 8408 Racquet Lane is a first floor END unit with a bump out and additional side windows making it more airy and spacious. This unit has been renovated and well cared for. The kitchen, living and dining areas and 2 bedrooms boast beautiful hardwood floors. The 2 full baths have attractive tile flooring. Furnishings are tasteful and attractive and included in the sale of this property. Natural light fills this place within but if your in the mood for some fresh air, there is a large private deck off the living area nestled amongst mature trees. 8408 Racquet is located in an ideal location...across from one of Sea Colony's many pools and adjacent to its world class tennis center. A short walk to the beach but if you prefer a ride, there is a beach shuttle stop just steps away. In Sea Colony fun times are had by all...its a great place to make your beach home!* Seller will assist with the $2000 new owner fee with an acceptable offer by 5/1*
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Breakfast Area, Entry Level Bedroom, Primary Bath(s), Recessed Lighting, Window Treatments, Wood Floors
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • 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: 254.62
  • Above Grade Finished Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39314

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
  • Other Structures List: Shed
  • Construction Materials: Stick Built, Wood Siding
  • Exterior Features: Bump-Outs, Exterior Lighting
  • Roof: Shingle
  • View: Pond, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: Parking Lot, Driveway, Off Street

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2424.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4676.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Indoor, Pool - Outdoor, Fitness Center, Sauna, Security, Tennis Courts, Tennis - Indoor, Tot Lots/Playground, Cable, Basketball Courts, Beach, Bike Trail, Hot Tub, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Insurance, Lawn Maintenance, Management, Pool(s), Trash, Water, Ext Bldg Maint, Recreation Facility, Road Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, Heated, In Ground, Indoor

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good, Good
  • Zoning: H 3072
  • Zoning Description: Residential Planned
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Total Actual Rent: 17500.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5114960
  • School Tax: 842.00
  • Tax Annual Amount: 955.00
  • Assessor Parcel Number: 134-17.00-48.00-8408
  • Tax Lot: -8408
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 09/12/2019

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
Apr 19, 2023
Closed on
Jul 3, 2023
Sold by
Siegel Racquet Lane Llc
Bought by
Grzybowski Raymond J and Grzybowski Margaret J
Seller's Agent
Anna Meiklejohn
Long & Foster Real Estate, Inc.
Buyer's Agent
Russell Stucki
RE/MAX Realty Group Rehoboth
List Price
$491,250
Sold Price
$483,000
Premium/Discount to List
-$8,250
-1.68%
Views
260
Current Estimated Value
$512,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,068
Avg. Annual Appreciation
2.70%

Purchase Details

Closed on
Jul 18, 2013
Sold by
Bender Robert S and Bender Barbara
Bought by
Koerner John E and Koerner Chin C
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $483,000 None Listed On Document
Deed $483,000 None Listed On Document
Deed $220,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2023 07/03/23 Sold $483,000 -1.7% $483 / Sq Ft
04/19/2023 04/19/23 For Sale $491,250 +101.7% $491 / Sq Ft
09/12/2019 09/12/19 Sold $243,500 -9.8% $230 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
11/06/2018 11/06/18 Price Changed $269,900 -1.8% $255 / Sq Ft
09/26/2018 09/26/18 For Sale $274,900 -- $259 / 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 $1,044 $22,200 $0 $22,200
2023 $1,043 $22,200 $0 $22,200
2022 $1,026 $22,200 $0 $22,200
2021 $995 $22,200 $0 $22,200
2020 $950 $22,200 $0 $22,200
2019 $946 $22,200 $0 $22,200
2018 $955 $25,250 $0 $0
2017 $963 $25,250 $0 $0
2016 $848 $25,250 $0 $0
2015 $874 $25,250 $0 $0
2014 $861 $25,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1007403824

Bright MLS

APN: 134-17.00-48.00-8408