NOT LISTED FOR SALE

39601 Round Robin Way Unit 2304 Bethany Beach, DE 19930

Estimated Value: $381,575 - $422,000

2 Beds
2 Baths
900 Sq Ft
$586/mo HOA Fee

Last Sold July 31, 2020

Last sale price $270,000 $300 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,950/month

18 Days on Market

Highlights

  • Beach
  • Fitness Center
  • Open Floorplan
  • Lord Baltimore Elementary School Rated A-
  • Transportation Service
  • Main Floor Bedroom

About This Home

As of July 2020

Walk to the beach from this beautifully decorated two bedroom two bath condominium located within the world class tennis community of Sea Colony. The convenient Round Robin location is central to community pools, tennis center, the Marketplace at Sea Colony and the Freeman Fitness Center, shuttle stop and an easy walk to the beach. The master bedroom has a queen-sized bed, private bath. The second bedroom has two twin beds. Large living room has queen-sized sleep sofa, entertainment center with TV, DVD, CD, and stereo. The large eat in kitchen (table for 6) is fully equipped and has a wine cooler. There is a large private deck for outdoor entertaining. Sea Colony amenities include half mile private guarded beach, shuttle to the beach, indoor and outdoor tennis centers, ten outdoor pools, two indoor pools, two fitness centers, saunas, Jacuzzi, playgrounds, basketball courts, fishing ponds, walking/jogging trails, and 24 hour security. Condo fees include basic cable and internet, water, master insurance policy and exterior building maintenance.

Last Agent to Sell the Property

Allison Stine

Northrop Realty License #RA-0031128 Listed on: 06/10/2020

Northrop Realty

Co-Listed By

Colleen Kellner

Northrop Realty

Last Buyer's Agent

Ann Raskauskas

BETHANY AREA REALTY LLC License #RB-0020092

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $811

Lot Details

  • Land Lease of $2,000 per year expires in 68 years
  • Ground Rent
  • Property is in good condition

HOA Fees

Home Design

  • Stick Built Home

Interior Spaces

  • 900 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • Free Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-52.04-2304

Community Details

Overview

  • $2,472 Recreation Fee
  • $2,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, insurance, lawn maintenance, management, road maintenance, snow removal, trash, water
  • Low-Rise Condominium
  • Sea Colony West Iv Community
  • Sea Colony West Subdivision
  • Property Manager

Amenities

  • Transportation Service
  • Picnic Area
  • Common Area
  • Community Center
  • Meeting Room
  • Convenience Store

Recreation

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

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$811

Lot Details

0

HOA Fees

$586 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Land Lease
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furnished as shown
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Remarks Public: Walk to the beach from this beautifully decorated two bedroom two bath condominium located within the world class tennis community of Sea Colony. The convenient Round Robin location is central to community pools, tennis center, the Marketplace at Sea Colony and the Freeman Fitness Center, shuttle stop and an easy walk to the beach. The master bedroom has a queen-sized bed, private bath. The second bedroom has two twin beds. Large living room has queen-sized sleep sofa, entertainment center with TV, DVD, CD, and stereo. The large eat in kitchen (table for 6) is fully equipped and has a wine cooler. There is a large private deck for outdoor entertaining. Sea Colony amenities include half mile private guarded beach, shuttle to the beach, indoor and outdoor tennis centers, ten outdoor pools, two indoor pools, two fitness centers, saunas, Jacuzzi, playgrounds, basketball courts, fishing ponds, walking/jogging trails, and 24 hour security. Condo fees include basic cable and internet, water, master insurance policy and exterior building maintenance.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer - Front Loading, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Carpet, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Stall Shower, Tub Shower, Window Treatments
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 294.44
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39601

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: Stick Built
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Free, Paved Parking
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone Available
  • Water Source: Private
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 1139.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 618.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Common Grounds, Community Center, Convenience Store, Exercise Room, Fitness Center, Hot Tub, Jog/Walk Path, Meeting Room, Picnic Area, Pool - Indoor, Pool - Outdoor, Security, Swimming Pool, Tennis - Indoor, Tennis Courts, Tot Lots/Playground, Transportation Service
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Insurance, Lawn Maintenance, Management, Road Maintenance, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 2472.00
  • Association Recreation Fee: Yes
  • Community Pool Features: In Ground, Indoor

Fee Information

  • Capital Contribution Fee: 2000.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: 3rd Party
  • High School Source: Listing Agent
  • Middle School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Lease Amount: 2000.00
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 68
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Year Assessed: 2019
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Lease Considered: No
  • Total Actual Rent: 20341.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5115182
  • School Tax: 714.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 811.00
  • Assessor Parcel Number: 134-17.00-52.04-2304
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/31/2020

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
Jun 10, 2020
Closed on
Jul 31, 2020
Sold by
Stine Allison C and Kellner Colleen
Bought by
Levons-Stokes Sheila and Stokes Cierra M
Seller's Agent
Allison Stine
Northrop Realty
Buyer's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%
Total Days on Market
18
Current Estimated Value
$406,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,144
Avg. Annual Appreciation
8.80%
Original Mortgage
$216,000
Outstanding Balance
$193,749
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$212,395
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
Levons-Stokes Sheila $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levons-Stokes Sheila $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $270,000 +1.9% $300 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $265,000 -- $294 / 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 $1,009 $21,650 $0 $21,650
2023 $1,008 $21,650 $0 $21,650
2022 $992 $21,650 $0 $21,650
2021 $962 $21,650 $0 $21,650
2020 $918 $21,650 $0 $21,650
2019 $914 $21,650 $0 $21,650
2018 $947 $24,400 $0 $0
2017 $954 $24,400 $0 $0
2016 $820 $24,400 $0 $0
2015 $845 $24,400 $0 $0
2014 $832 $24,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU161986

Bright MLS

APN: 134-17.00-52.04-2304