NOT LISTED FOR SALE

39346 Racquet Ln Unit 8507 Bethany Beach, DE 19930

Estimated Value: $430,079 - $541,000

3 Beds
3 Baths
-- Sq Ft
$390/mo HOA Fee

Last Sold March 13, 2020

Last sale price $317,500

Est. 58% increase in value since last sale

Current estimated payment $3,293/month

5 Days on Market

Highlights

  • Beach
  • Fitness Center
  • Lake Privileges
  • Lord Baltimore Elementary School Rated A-
  • Gourmet Kitchen
  • Curved or Spiral Staircase

About This Home

As of March 2020

Walk to everything...a pool steps away, tennis courts both indoor and outdoor, steps away...trolley stop for the beach and fitness center... steps away. This home is not rented and shows; it is in excellent condition and features a beautifully remodeled kitchen with stainless steel appliances and quartz counter tops. The dining room (seating for 6) is attractively showcased with plenty of light from the new floor to ceiling windows. Additional dining is available at the kitchen bar. Being an end unit there is more light than most, the porch is more private and overlooks the pool and garden area. The sellers love Sea Colony and are buying again in SCW and consequently have priced this to sell!!! A huge bonus is the thousands of dollars spent on the new kitchen. new wood floors and the best bonus of all...a full third bathroom! The loft bedroom has plenty of space, privacy , storage and the 3rd bath...Sea Colony is known for its amenities (pools, indoor and out, tennis courts indoor and out, a modern state of the art fitness center. The beach and pools are guarded and easy to use. Make this your beach home for the summer of 2020. Although the owners do not rent it would make a wonderful rental property.

Last Agent to Sell the Property

Lauren Alberti

Northrop Realty Listed on: 01/31/2020

Northrop Realty

Last Buyer's Agent

Ashley Brosnahan

Long & Foster Real Estate, Inc. License #639698

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $814

Year Built

  • Built in 1987

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Curved or Spiral Staircase
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Dining Area
  • Loft
  • Storage Room

Kitchen

  • Gourmet Kitchen
  • Built-In Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • Parking Lot
  • Assigned Parking

Accessible Home Design

  • Doors swing in
  • Doors are 32 inches wide or more

Outdoor Features

  • Lake Privileges
  • Shed
  • Outbuilding

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Phone Available
  • Cable TV Available

Additional Features

  • Ground Rent
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-48.00-8507

Community Details

Overview

  • $2,472 Recreation Fee
  • Association fees include cable TV, common area maintenance, insurance, lawn maintenance, management, road maintenance, trash
  • $2,000 Other One-Time Fees
  • Low-Rise Condominium
  • Sea Colony West Homeowners Association Condos, Phone Number (302) 541-8855
  • Built by Carl M Freeman & Associates
  • Sea Colony West Subdivision, Tennis Villa Floorplan
  • Sea Colony West X Community
  • Property Manager

Amenities

  • Community Center

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Lap or Exercise Community Pool
  • Jogging Path
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$814

Year Built

Built in 1987

Lot Details

0

HOA Fees

$390 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
  • Accessibility Features: Doors - Swing In, 32"+ Wide Doors
  • Ownership: Condominium
  • Exclusions: wicker chair/ottoman in Living room, anchor on wall in living room, items in 2nd floor bathroom closet, items in front bedroom closet and items in shed.
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Remarks Public: Walk to everything...a pool steps away, tennis courts both indoor and outdoor, steps away...trolley stop for the beach and fitness center... steps away. This home is not rented and shows; it is in excellent condition and features a beautifully remodeled kitchen with stainless steel appliances and quartz counter tops. The dining room (seating for 6) is attractively showcased with plenty of light from the new floor to ceiling windows. Additional dining is available at the kitchen bar. Being an end unit there is more light than most, the porch is more private and overlooks the pool and garden area. The sellers love Sea Colony and are buying again in SCW and consequently have priced this to sell!!! A huge bonus is the thousands of dollars spent on the new kitchen. new wood floors and the best bonus of all...a full third bathroom! The loft bedroom has plenty of space, privacy , storage and the 3rd bath...Sea Colony is known for its amenities (pools, indoor and out, tennis courts indoor and out, a modern state of the art fitness center. The beach and pools are guarded and easy to use. Make this your beach home for the summer of 2020. Although the owners do not rent it would make a wonderful rental property.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer - Electric, Icemaker, Microwave, Range Hood, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 1
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Gourmet, Primary Bath(s), Spiral Staircase, Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Primary Bedroom, Kitchen, Loft, Storage Room, Primary Bathroom, Full Bath
  • Basement: No
  • Laundry Type: Has Laundry
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39346

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • 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
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Stick Built
  • Exterior Features: Outbuilding(s), Sidewalks, Tennis Court(s), Street Lights
  • Roof: Shingle
  • Spa: No
  • 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
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4676.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Sea Colony West Homeowners Association
  • Condo Co-Op Phone: 302 541 8855
  • HOA Condo Co-Op Amenities: Beach, Bike Trail, Community Center, Fitness Center, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Security, Tennis - Indoor, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Insurance, Lawn Maintenance, Management, Road Maintenance, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 2472.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Indoor, Lap/Exercise

Fee Information

  • Loss Mitigation Fee?: No
  • Other Fees: 2000.00
  • Other Fees Frequency: One Time

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2019
  • Zoning: HR-2
  • In City Limits: No

Building Info

  • Builder Name: Carl M Freeman & Associates

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5114967
  • School Tax: 718.00
  • Tax Annual Amount: 814.00
  • Assessor Parcel Number: 134-17.00-48.00-8507
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/13/2020

Multi Family

  • Federal Flood Zone: AE
  • 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
Jan 31, 2020
Closed on
Mar 10, 2020
Sold by
Rauch Taylor N and Rauch Christine
Bought by
Schleeweis Mark and Schleeweis Heather
Seller's Agent
Lauren Alberti
Northrop Realty
Buyer's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
List Price
$317,500
Sold Price
$317,500
Total Days on Market
5
Current Estimated Value
$502,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,520
Avg. Annual Appreciation
9.17%
Original Mortgage
$254,000
Outstanding Balance
$227,355
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$274,666

Purchase Details

Closed on
Nov 19, 2013
Sold by
Hoffman Patricia A
Bought by
Rauch Taylor N and Rauch Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.29%

Purchase Details

Closed on
Nov 15, 2013
Sold by
Hoffman Patricia A
Bought by
Rauch Taylor N and Rauch Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.29%
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
Schleeweis Mark $317,500 None Available
Rauch Taylor N $260,000 --
Rauch Taylor N $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schleeweis Mark $254,000
Previous Owner Rauch Taylor N $208,000
Previous Owner Rauch Taylor N $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $317,500 0.0% --
02/05/2020 02/05/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $317,500 -- --
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 $1,025 $21,750 $0 $21,750
2023 $1,024 $21,750 $0 $21,750
2022 $1,008 $21,750 $0 $21,750
2021 $978 $21,750 $0 $21,750
2020 $933 $21,750 $0 $21,750
2019 $929 $21,750 $0 $21,750
2018 $938 $24,800 $0 $0
2017 $945 $24,800 $0 $0
2016 $833 $24,800 $0 $0
2015 $859 $24,800 $0 $0
2014 $846 $24,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU155184

Bright MLS

APN: 134-17.00-48.00-8507