NOT LISTED FOR SALE

39687 Round Robin Way Unit 3404 Bethany Beach, DE 19930

Estimated Value: $312,544 - $499,000

2 Beds
2 Baths
900 Sq Ft
$693/mo HOA Fee

Last Sold June 10, 2022

Last sale price $425,000 $472 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,136/month

Highlights

  • Beach
  • Fitness Center
  • Water Oriented
  • Lord Baltimore Elementary School Rated A-
  • 24-Hour Security
  • Pond View

About This Home

As of June 2022

Perfectly situated at the end of a quiet cul-de-sac, enjoy the convenience of first floor living in the highly desired community of Sea Colony West. This condo has the ideal location: a quick walk or bike ride to the private guarded beach and community pools (or jump on the shuttle!), close proximity to the award-winning tennis facility and fitness center, and an easy stroll to the playground and newly added pickleball courts. Fish at the pond right out your back door and enjoy watching Sea Colony's swan, as several of the renters have noted in their reviews! This well-designed 2 bedroom condo offers an open floor plan and a large deck with pond views, making it a great space for entertaining. With the beachy decor and updated vinyl plank flooring, this home is ready for immediate enjoyment! Currently a successful rental, providing you an opportunity to buy now and collect income this summer. The exterior of this building has been recently painted and is well maintained. Sea Colony makes living easy and carefree, with condo dues including cable TV, internet, water, exterior maintenance, lawn care and so much more.

Last Agent to Sell the Property

Shelby Smith

(856) 236-0469 Shelby@SeasideSeven.com Long & Foster Real Estate, Inc. License #RS-0024052 Listed on: 04/28/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Sharon Daugherty

(410) 430-4004 sdgclient@outlook.com Keller Williams Realty Delmarva License #SL3435144

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $948

Year Built

  • Built in 1982

Lot Details

  • Land Lease of $2,000 per year expires in 59 years
  • Ground Rent

HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Stick Built Home

Interior Spaces

  • 900 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Luxury Vinyl Plank Tile Flooring
  • Pond Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Deck

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-52.06-3404

Community Details

Overview

  • $4,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, insurance, lawn maintenance, management, pool(s), reserve funds, road maintenance, sauna, snow removal, trash, water, health club, bus service
  • Vacasa HOA
  • Low-Rise Condominium
  • Sea Colony West Vi Community
  • Sea Colony West Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Sauna

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Community Spa
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$948

Year Built

Built in 1982

Lot Details

0

HOA Fees

$693 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
  • Exclusions: some artwork, contents in owner's closet
  • Inclusions: furnished
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-04-28
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Remarks Public: Perfectly situated at the end of a quiet cul-de-sac, enjoy the convenience of first floor living in the highly desired community of Sea Colony West. This condo has the ideal location: a quick walk or bike ride to the private guarded beach and community pools (or jump on the shuttle!), close proximity to the award-winning tennis facility and fitness center, and an easy stroll to the playground and newly added pickleball courts. Fish at the pond right out your back door and enjoy watching Sea Colony's swan, as several of the renters have noted in their reviews! This well-designed 2 bedroom condo offers an open floor plan and a large deck with pond views, making it a great space for entertaining. With the beachy decor and updated vinyl plank flooring, this home is ready for immediate enjoyment! Currently a successful rental, providing you an opportunity to buy now and collect income this summer. The exterior of this building has been recently painted and is well maintained. Sea Colony makes living easy and carefree, with condo dues including cable TV, internet, water, exterior maintenance, lawn care and so much more.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 472.22
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39687

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, Stick Built
  • View: Pond
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

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: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 668.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1409.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Common Grounds, Fitness Center, Hot Tub, Jog/Walk Path, Lake, Pool - Indoor, Pool - Outdoor, Sauna, Security, Tennis - Indoor, Tennis Courts, Tot Lots/Playground, Exercise Room, Picnic Area, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Sauna, Snow Removal, Trash, Water, Health Club, Bus Service
  • HOA Name: VACASA
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Heated, In Ground, Indoor, Lap/Exercise

Fee Information

  • Capital Contribution Fee: 4000.00

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: 59
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2021
  • Zoning: HR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5115252
  • School Tax: 841.00
  • Tax Annual Amount: 948.00
  • Assessor Parcel Number: 134-17.00-52.06-3404
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/10/2022

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
Apr 28, 2022
Closed on
Jun 10, 2022
Sold by
Gray Miller Family Revocable Trust
Bought by
Cohen Fred Arthur and Cohen Joan Grayson
Seller's Agent
Shelby Smith
Long & Foster Real Estate, Inc.
Buyer's Agent
Sharon Daugherty
Keller Williams Realty Delmarva
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$444,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,386
Avg. Annual Appreciation
1.35%
Original Mortgage
$340,000
Outstanding Balance
$322,999
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$121,387

Purchase Details

Closed on
Aug 6, 2021
Sold by
Augustine Gray Jr John
Bought by
Gray/Miller Family Revocable Trust

Purchase Details

Listed on
Feb 8, 2020
Closed on
Mar 31, 2020
Sold by
Hammond Rebecca B
Bought by
Gray John A and Miller Mary E
Seller's Agent
Shelby Smith
Long & Foster Real Estate, Inc.
Buyer's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%

Purchase Details

Closed on
Mar 2, 2018
Sold by
Jones Kevin A and Jones Meredith L
Bought by
Greenberg Rebecca B
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 Buyer Sale Price Title Company
Cohen Fred Arthur $425,000 None Listed On Document
Gray/Miller Family Revocable Trust -- Ward & Taylor Llc
Gray John A $265,000 None Available
Greenberg Rebecca B $229,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Fred Arthur $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2022 06/10/22 Sold $425,000 0.0% $472 / Sq Ft
04/28/2022 04/28/22 For Sale $425,000 +60.4% $472 / Sq Ft
03/31/2020 03/31/20 Sold $265,000 0.0% $294 / Sq Ft View Prior Sale
02/10/2020 02/10/20 Pending -- -- --
02/08/2020 02/08/20 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
2025 $923 $21,650 $0 $21,650
2024 $994 $21,650 $0 $21,650
2023 $993 $21,650 $0 $21,650
2022 $977 $21,650 $0 $21,650
2021 $948 $21,650 $0 $21,650
2020 $905 $21,650 $0 $21,650
2019 $901 $21,650 $0 $21,650
2018 $909 $24,050 $0 $0
2017 $917 $24,050 $0 $0
2016 $808 $24,050 $0 $0
2015 $833 $24,050 $0 $0
2014 $820 $24,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2020614

Bright MLS

APN: 134-17.00-52.06-3404