NOT LISTED FOR SALE

39617 Round Robin Way Unit 2504 Bethany Beach, DE 19930

Estimated Value: $402,983 - $498,000

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

Last Sold August 07, 2020

Last sale price $230,000

Est. 97% increase in value since last sale

Current estimated payment $3,081/month

Highlights

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

About This Home

As of August 2020

Sea Colony Tennis Villa with two bedrooms and two full baths. One of the most affordably priced properties this close to the beach and boardwalk. Centrally located and walking distance to the communities 1/2 mile of private ocean beach, the indoor and outdoor pools and top ten rated tennis center. The newly expanded Freeman Fitness is nearby as well. Successful vacation rental with over $12,700 in rental income last summer.

Last Agent to Sell the Property

William Hand

(443) 880-1980 Bill@billhand.com Long & Foster Real Estate, Inc. License #RA-0020486 Listed on: 05/12/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Erin Fortney

(302) 943-1208 erincloses@gmail.com Tri-County Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $811

Year Built

  • Built in 1982

Lot Details

  • Private Beach
  • Extensive Hardscape
  • Land Lease of $2,000 per year expires in 62 years
  • Ground Rent expires in 62 years

HOA Fees

Parking

  • Parking Lot

Home Design

  • Straight Thru Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • Property has 1 Level
  • Furnished

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Lake Privileges
  • Deck
  • Exterior Lighting
  • Playground
  • Play Equipment

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Satellite Dish

Additional Features

  • Doors swing in
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-52.04-2504

Community Details

Overview

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

Amenities

  • Transportation Service
  • Picnic Area
  • Sauna
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room
  • Recreation Room

Recreation

  • Beach
  • Private Beach Club
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Saltwater Community Pool
  • Community Spa
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$811

Year Built

Built in 1982

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: Straight Thru, Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Doors - Swing In
  • Ownership: Land Lease
  • Historic: No
  • Home Warranty: No
  • Inclusions: Sold Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Remarks Public: Sea Colony Tennis Villa with two bedrooms and two full baths. One of the most affordably priced properties this close to the beach and boardwalk. Centrally located and walking distance to the communities 1/2 mile of private ocean beach, the indoor and outdoor pools and top ten rated tennis center. The newly expanded Freeman Fitness is nearby as well. Successful vacation rental with over $12,700 in rental income last summer.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39617

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: Frame, Wood Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Play Area, Play Equipment, Private Beach, Sidewalks, Street Lights, Tennis Court(s)
  • Roof: Architectural Shingle
  • 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: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 618.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1139.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Beach, Basketball Courts, Beach Club, Bike Trail, Club House, Community Center, Exercise Room, Fitness Center, Hot Tub, Jog/Walk Path, Lake, Meeting Room, Party Room, Picnic Area, Pool - Indoor, Pool - Outdoor, Recreational Center, Sauna, Satellite Tv, Security, Swimming Pool, Tennis - Indoor, Tennis Courts, Tot Lots/Playground, Transportation Service, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Bus Service, Cable Tv, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Insurance, Lawn Maintenance, Management, Reserve Funds, Road Maintenance, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Heated, In Ground, Indoor, Lap/Exercise, Saltwater

Fee Information

  • Loss Mitigation Fee?: No
  • 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 Lease Amount: 2000.00
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 62
  • Land Use Code: RC
  • Lot Size Acres: 3.24
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 141134.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2019
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 62
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 12700.00
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5115194
  • School Tax: 714.00
  • Tax Annual Amount: 811.00
  • Assessor Parcel Number: 134-17.00-52.04-2504
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/07/2020

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
May 12, 2020
Closed on
Aug 7, 2020
Sold by
Kunz Christopher J and Harrigan Theresa
Bought by
Dubey Raveesh and Mehta Neha
Seller's Agent
William Hand
Long & Foster Real Estate, Inc.
Buyer's Agent
Erin Fortney
Tri-County Realty
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$454,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,246
Avg. Annual Appreciation
14.10%
Original Mortgage
$207,000
Outstanding Balance
$183,624
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$270,622
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Dubey Raveesh $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dubey Raveesh $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $230,000 0.0% --
06/08/2020 06/08/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $230,000 -- --
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 $928 $21,650 $0 $21,650
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 $923 $24,400 $0 $0
2017 $930 $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

  • William Hand

    Seller's Agent in 2020

    William Hand

    Long & Foster

    (443) 880-1980

    33 in this area

    41 Total Sales

    William Hand
    Section Image
  • Erin Fortney

    Buyer's Agent in 2020

    Erin Fortney

    Tri-County Realty

    (302) 943-1208

    1 in this area

    57 Total Sales

    Erin Fortney
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU160648

Bright MLS

APN: 134-17.00-52.04-2504

Delaware Sussex County Bethany Beach 19930

39617 Round Robin Way Unit 2504, Bethany Beach, DE

This home is located at 39617 Round Robin Way Unit 2504, Bethany Beach, DE 19930 since 12 May 2020 and is currently estimated at $454,246. This property was built in 1982. 39617 Round Robin Way Unit 2504 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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