NOT LISTED FOR SALE

39362 Racquet Ln Unit 8607 Bethany Beach, DE 19930

Estimated Value: $511,000 - $557,000

3 Beds
2 Baths
-- Sq Ft
$896/mo HOA Fee

Last Sold December 17, 2020

Last sale price $377,000

Est. 42% increase in value since last sale

Current estimated payment $3,739/month

Highlights

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

About This Home

As of December 2020

Discover this beautifully appointed three-bedroom, two-bath villa in the amenity-rich community of Sea Colony West, where stylish furnishings convey, making the home truly move-in ready. Whether you are seeking a personal coastal retreat or a property with excellent rental potential, this villa offers the perfect opportunity to begin enjoying the beach lifestyle right away. Recent seller updates include duet blinds, plantation shutters at the front of the home, newer refrigerator (2021), a thoughtfully added pantry for extra kitchen storage, and the major upgrade of converting the wood-burning fireplace to electric for easy, clean enjoyment. Inside, the villa features a soothing beach-inspired color palette, easy-care tile flooring, and crisp white wainscotting throughout. The kitchen is bright and functional, showcasing white cabinetry, modern appliances, sleek quartz countertops, and casual table space for family meals or entertaining. Step outside to a private deck, the perfect spot to relax after a day at the beach. The primary bedroom offers a private en suite bath, while the second bedroom at the front of the home enjoys convenient access to the full hall bath. Upstairs, a spacious third bedroom overlooks the lower living area and easily accommodates twin beds, making it ideal for family or guests. A stacked washer and dryer add everyday convenience, and a private shed provides ample storage for beach gear or bicycles. While winter may be upon us, you can already imagine being beach-ready by spring, this villa is perfectly positioned to have you on the sand the moment warmer weather arrives! Sea Colony residents enjoy access to an array of exceptional amenities, including indoor and outdoor pools, a state-of-the-art fitness center, top-rated racquet programs, and beach shuttle service, ensuring endless options for relaxation and recreation. Schedule your viewing appointment today!

Last Agent to Sell the Property

William Hand

(443) 880-1980 Bill@billhand.com Long & Foster Real Estate, Inc. License #RA-0020486 Listed on: 10/31/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $933

Lot Details

  • Ground Rent expires in 66 years

HOA Fees

  • $429 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Green House Windows
  • Window Screens
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-48.00-8607

Community Details

Overview

  • $618 Recreation Fee
  • $2,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, high speed internet, insurance, lawn maintenance, management, pool(s), recreation facility, reserve funds, sauna, snow removal, trash, water
  • Low-Rise Condominium
  • Sea Colony West, Phase XX Condos
  • Sea Colony West X Community
  • Sea Colony West Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Transportation Service
  • Common Area
  • Sauna
  • Community Center
  • Meeting Room

Recreation

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

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$933

Lot Details

0

HOA Fees

$896 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: Living Room Glass Coffee Table; Dining Room Glass Dining Table & Chairs; Pictures,Wall Hangings (mirrors); Table Lamps in the living room and master bedroom.
  • Inclusions: Sold Furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 10/31/2020 12:00:00 AM
  • Federal Flood Zone: No
  • 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: Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open
  • Window Features: Double Pane, Green House, Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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
  • Construction Materials: Stick Built
  • Exterior Features: Street Lights
  • 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, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1287.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Sea Colony West, Phase XX
  • HOA Condo Co-Op Amenities: Beach, Basketball Courts, Beach Club, Bike Trail, Cable, Common Grounds, Community Center, Exercise Room, Fitness Center, Hot Tub, Jog/Walk Path, Lake, Meeting Room, Pool - Indoor, Pool - Outdoor, Sauna, Security, Swimming Pool, Tennis - Indoor, Tennis Courts, Transportation Service
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, High Speed Internet, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Sauna, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 618.00
  • Association Recreation Fee: Yes

Fee Information

  • Capital Contribution Fee: 2000.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 66
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 822.00
  • Tax Annual Amount: 933.00
  • Assessor Parcel Number: 134-17.00-48.00-8607
  • 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
Oct 31, 2020
Closed on
Dec 17, 2020
Sold by
Kapp Thomas C and Cole Regina K
Bought by
Neurauter George C and Dunn Marta L
Seller's Agent
William Hand
Long & Foster Real Estate, Inc.
Buyer's Agent
Dustin Oldfather
Compass
List Price
$374,900
Sold Price
$377,000
Premium/Discount to List
$2,100
0.56%
Current Estimated Value
$534,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,055
Avg. Annual Appreciation
7.07%
Original Mortgage
$301,600
Outstanding Balance
$268,514
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$265,541

Purchase Details

Closed on
Nov 30, 1987
Bought by
Kelley James H and Kelley Andrea L
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2026 01/22/26 For Sale $500,000 +32.6% $463 / Sq Ft
12/17/2020 12/17/20 Sold $377,000 +0.6% --
11/01/2020 11/01/20 Pending -- -- --
10/31/2020 10/31/20 For Sale $374,900 +49.4% --
09/24/2019 09/24/19 Sold $251,000 +9.6% -- View Prior Sale
08/24/2019 08/24/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $229,000 -- --
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 $936 $21,750 $0 $21,750
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: DESU172358

Bright MLS