$251,000
SOLD SEP 24, 2019

39362 Racquet Ln Unit 8607 Bethany Beach, DE 19930

2 Beds
2 Baths
-- Sq Ft
$635/mo HOA Fee

Recently Sold

10% Above List Price

8 Days on Market

Highlights

  • 25.73 Acre Lot
  • Contemporary Architecture
  • Community Pool
  • Lord Baltimore Elementary School Rated A-
  • 1 Fireplace
  • More Than Two Accessible Exits

About This Home

As of December 2020

Perfect tennis bungalow with room for friends and parties. 50 steps to free indoor and outdoor tennis with clay courts, etc. Outdoor pool 1/2 block away and tram catch to SC Private Beach. Always something going on at SC. Free Fitness Center with Yoga, Indoor pool w/lifeguard, hot tub/steam room, Indoor basketball courts for all to use. Nothing like Sea Colony on coast of Delaware. Facilities open all year round. Rent it out in the summer, use it for your family all year round. What a perfect place!

Last Agent to Sell the Property

Dolores Pack

Monument Sotheby's International Realty Listed on: 08/16/2019

Monument Sotheby's International Realty

Last Buyer's Agent

William Hand

Long & Foster Real Estate, Inc. License #RA-0020486

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $822

Year Built

  • Built in 1987

HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • Property has 2 Levels
  • Partially Furnished
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • More Than Two Accessible Exits
  • Ground Rent
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-48.00-8607

Community Details

Overview

  • Low-Rise Condominium
  • Sea Colony West X Community
  • Sea Colony West Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$822

Year Built

Built in 1987

Lot Details

0

HOA Fees

$635 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1987
  • Remarks Public: Perfect tennis bungalow with room for friends and parties. 50 steps to free indoor and outdoor tennis with clay courts, etc. Outdoor pool 1/2 block away and tram catch to SC Private Beach. Always something going on at SC. Free Fitness Center with Yoga, Indoor pool w/lifeguard, hot tub/steam room, Indoor basketball courts for all to use. Nothing like Sea Colony on coast of Delaware. Facilities open all year round. Rent it out in the summer, use it for your family all year round. What a perfect place!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39362

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
  • Construction Materials: Combination
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 1287.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 618.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Size Acres: 25.73
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1120799.00
  • Year Assessed: 2018
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: Yes
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5114975
  • School Tax: 827.00
  • Tax Annual Amount: 822.00
  • Assessor Parcel Number: 134-17.00-48.00-8607
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 09/24/2019

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
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%
Total Days on Market
8
Current Estimated Value
$556,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,660
Avg. Annual Appreciation
9.16%
Original Mortgage
$301,600
Outstanding Balance
$272,200
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$285,094

Purchase Details

Closed on
Nov 30, 1987
Bought by
Kelley James H and Kelley Andrea L
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $377,000 None Available
Deed $114,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $301,600 Stand Alone Refi Refinance Of Original Loan
Previous Owner $150,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
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
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: DESU146226

Bright MLS

APN: 134-17.00-48.00-8607