NOT LISTED FOR SALE

39346 Racquet Ln Unit 8505 Bethany Beach, DE 19930

Estimated Value: $392,679 - $581,000

3 Beds
2 Baths
1,220 Sq Ft
$558/mo HOA Fee

Last Sold March 31, 2017

Last sale price $253,000 $207 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,485/month

242 Days on Market

Highlights

  • Beach
  • Fitness Center
  • Wood Burning Stove
  • Lord Baltimore Elementary School Rated A-
  • Coastal Architecture
  • Wooded Lot

About This Home

As of March 2017

Enjoy resort living at it's best! This 2 bedroom plus loft Sea Colony Tennis Villa is sure to delight. Whether you want to join in the tennis clinics, or take a leisure walk to the 2 nearby pools, hop on the shuttle or bike over to Sea Colony's 1/2 mile private guarded beach this Villa has it all. Location is everything. If you ever wanted to own in Sea Colony....this is your opportunity!!!!

Last Agent to Sell the Property

Ashley Brosnahan

Long & Foster Real Estate, Inc. License #639698 Listed on: 07/15/2016

Long & Foster Real Estate, Inc.

Co-Listed By

heather gates

Long & Foster Real Estate, Inc. License #RS-0023225

Last Buyer's Agent

William Bjorkland

Coldwell Banker Realty License #RS-0023035

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $872

Year Built

  • Built in 1987

Lot Details

  • Cul-De-Sac
  • Landscaped
  • Wooded Lot
  • Ground Rent of $2,000 per year

HOA Fees

Home Design

  • Coastal Architecture
  • Villa
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,220 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Vaulted Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Open Floorplan
  • Stacked Washer and Dryer
  • Attic

Kitchen

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

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-48.00-8505

Community Details

Overview

  • Association fees include lawn maintenance
  • Low-Rise Condominium
  • Sea Colony West Subdivision

Amenities

  • Community Center
  • Party Room

Recreation

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

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$872

Year Built

Built in 1987

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: Coastal, Villa
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1987
  • Remarks Public: Enjoy resort living at it's best! This 2 bedroom plus loft Sea Colony Tennis Villa is sure to delight. Whether you want to join in the tennis clinics, or take a leisure walk to the 2 nearby pools, hop on the shuttle or bike over to Sea Colony's 1/2 mile private guarded beach this Villa has it all. Location is everything. If you ever wanted to own in Sea Colony....this is your opportunity!!!!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

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: Attic, Breakfast Area, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom
  • Window Features: Insulated
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1220
  • Living Area Sq Ft: 1220
  • Net Sq Ft: 1220.00
  • Price Per Sq Ft: 209.02
  • Above Grade Finished Sq Ft: 1220
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39346

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Wood Siding
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Wood Burn Stove, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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: 4268.00
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Bike Trail, Cable, Community Center, Fitness Center, Party Room, Hot Tub, Jog/Walk Path, Reserved/Assigned Parking, Tot Lots/Playground, Swimming Pool, Pool - Outdoor, Security, Tennis - Indoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA: Yes
  • Association Recreation Fee: Yes
  • Community Pool Features: Indoor

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Landscaping, Trees/Wooded
  • Lot Size Units: Square Feet
  • Zoning Description: HIGH DENSITY RESIDENTIAL

Building Info

  • Building Features: Guard System

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 2000.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5114965
  • Assessor Parcel Number: 134-17.00-48.00-8505
  • County Tax Payment Frequency: Annually
  • Close Date: 03/31/2017

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
Jul 15, 2016
Closed on
Mar 29, 2017
Sold by
Knight Keith T and Knight Margaret S
Bought by
S & R Beach House Llc
Seller's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
Buyer's Agent
William Bjorkland
Coldwell Banker Realty
List Price
$268,000
Sold Price
$253,000
Premium/Discount to List
-$15,000
-5.6%
Total Days on Market
242
Current Estimated Value
$508,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,420
Avg. Annual Appreciation
8.91%
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
S & R Beach House Llc $253,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $253,000 -5.6% $207 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
07/15/2016 07/15/16 For Sale $268,000 -- $220 / 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 $872 $18,050 $0 $18,050
2023 $872 $18,050 $0 $18,050
2022 $857 $18,050 $0 $18,050
2021 $832 $18,050 $0 $18,050
2020 $794 $18,050 $0 $18,050
2019 $790 $18,050 $0 $18,050
2018 $798 $21,100 $0 $0
2017 $804 $21,100 $0 $0
2016 $709 $21,100 $0 $0
2015 $731 $21,100 $0 $0
2014 $720 $21,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001019724

Bright MLS

APN: 134-17.00-48.00-8505