$377,000
SOLD DEC 17, 2020

39362 Racquet Ln Unit 8607 Bethany Beach, DE 19930

3 Beds
2 Baths
-- Sq Ft
$429/mo HOA Fee

Recently Sold

1% Above List Price

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

Sea Colony Villa adjacent to the community's top ten rated tennis club with its' indoor and outdoor year-round courts. Centrally located. Walk to the 1/2 mile private ocean beach, indoor and outdoor tennis courts and heated indoor and outdoor salt water pools. Free Shuttle in the summertime. End location make for a bright and sunny interior. Wide open cathedral ceilings and a wood burning fireplace create an inviting space. New counter-tops and back splash. New heating and air conditioning systems last year. Never offered as a vacation rental and in pristine move-in condition.

Last Agent to Sell the Property

William Hand

Long & Foster Real Estate, Inc. License #RA-0020486 Listed on: 10/31/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Dustin Oldfather

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

$429 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.
  • Home Warranty: No
  • Inclusions: Sold Furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-10-31
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Sea Colony Villa adjacent to the community's top ten rated tennis club with its' indoor and outdoor year-round courts. Centrally located. Walk to the 1/2 mile private ocean beach, indoor and outdoor tennis courts and heated indoor and outdoor salt water pools. Free Shuttle in the summertime. End location make for a bright and sunny interior. Wide open cathedral ceilings and a wood burning fireplace create an inviting space. New counter-tops and back splash. New heating and air conditioning systems last year. Never offered as a vacation rental and in pristine move-in condition.
  • 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
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39362

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 Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 618.00
  • Association Recreation Fee: Yes

Fee Information

  • Capital Contribution Fee: 2000.00

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 Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • 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

  • Assessor Parcel Number: 5114975
  • 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
  • Close Date: 12/17/2020

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
$538,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,362
Avg. Annual Appreciation
8.55%
Original Mortgage
$301,600
Outstanding Balance
$270,977
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$285,683

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 New Conventional
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

  • William Hand

    Seller's Agent in 2020

    William Hand

    Long & Foster

    (443) 880-1980

    35 in this area

    43 Total Sales

    William Hand
    Section Image
  • Dustin Oldfather

    Buyer's Agent in 2020

    Dustin Oldfather

    Compass

    (302) 249-5899

    20 in this area

    1,492 Total Sales

    Dustin Oldfather
    Section Image
  • Amy Pietlock

    Buyer Co-Listing Agent in 2020

    Amy Pietlock

    OCEAN ATLANTIC SOTHEBYS

    (302) 545-8863

    2 in this area

    66 Total Sales

    Amy Pietlock
    Section Image

  • D

    Seller's Agent in 2019

    Dolores Pack

    Monument Sotheby's International Realty

    7 Total Sales

    Dolores Pack
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU172358

Bright MLS

APN: 134-17.00-48.00-8607

Delaware Sussex County Bethany Beach 19930

39362 Racquet Ln Unit 8607, Bethany Beach, DE

This home is located at 39362 Racquet Ln Unit 8607, Bethany Beach, DE 19930 and is currently priced at $377,000. 39362 Racquet Ln Unit 8607 is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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