NOT LISTED FOR SALE

401 Farragut House Rd Unit 401 Bethany Beach, DE 19930

Estimated Value: $824,000 - $1,044,000

3 Beds
2 Baths
-- Sq Ft
$711/mo HOA Fee

Last Sold October 01, 2015

Last sale price $530,000

Est. 76% increase in value since last sale

Current estimated payment $5,879/month

Highlights

  • Ocean View
  • Beach
  • Fitness Center
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Gated Community

About This Home

As of October 2015

Oceanfront end location overlooking Sea Colony's 1/2 mile of private ocean beach and pool. Established rental clientele. Walk to Bethany's Boardwalk & town center. Move in condition. Just Reduced $40,000 from $579,900.

Last Agent to Sell the Property

William Hand

(443) 880-1980 Bill@billhand.com Long & Foster Real Estate, Inc. License #RA-0020486 Listed on: 02/16/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Bill Cullin

(302) 841-7147 bill.cullin@longandfoster.com Long & Foster Real Estate, Inc. License #RS0018675

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,369

Lot Details

  • 1,350

HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 4th floor
  • Metal Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Ground Rent of $2,000 per year expires in 61 years
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.04-401

Community Details

Overview

  • Sea Colony Farragut Community
  • Sea Colony East Subdivision

Amenities

  • Community Center
  • Party Room
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Indoor Pool

Security

  • Security Service
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,369

Lot Details

0

HOA Fees

$711 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Oceanfront end location overlooking Sea Colony's 1/2 mile of private ocean beach and pool. Established rental clientele. Walk to Bethany's Boardwalk & town center. Move in condition. Just Reduced $40,000 from $579,900.
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 4
  • Flooring Type: Carpet, Tile/Brick
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Masonry, Concrete, Stone
  • Construction Completed: Yes
  • Exterior Features: Sidewalks
  • Roof: Metal
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned, Paved Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 548.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2380.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 6160.00
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Community Center, Fitness Center, Party Room, Gated Community, Tennis - Indoor, Tennis Courts, Swimming Pool, Pool - Outdoor, Security
  • HOA: Yes
  • Association Recreation Fee: Yes
  • Community Pool Features: Indoor

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Outdoor Living Structures: Balcony

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 2000.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 61
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 134-17.00-56.04-401
  • County Tax Payment Frequency: Annually
  • Close Date: 10/01/2015

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: INDIAN RIVER

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2015 10/01/15 Sold $530,000 -8.5% --
08/20/2015 08/20/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $579,000 -- --
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 $2,369 $24,950 $0 $24,950
2024 $1,094 $24,950 $0 $24,950
2023 $1,092 $24,950 $0 $24,950
2022 $1,075 $24,950 $0 $24,950
2021 $1,043 $24,950 $0 $24,950
2020 $995 $24,950 $0 $24,950
2019 $990 $24,950 $0 $24,950
2018 $1,000 $26,450 $0 $0
2017 $1,008 $26,450 $0 $0
2016 $889 $26,450 $0 $0
2015 $916 $26,450 $0 $0
2014 $902 $26,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Hand

    Seller's Agent in 2015

    William Hand

    Long & Foster

    (443) 880-1980

    33 in this area

    41 Total Sales

    William Hand
    Section Image
  • Bill Cullin

    Buyer's Agent in 2015

    Bill Cullin

    Long & Foster

    (302) 841-7147

    9 in this area

    186 Total Sales

    Bill Cullin
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001003202

Bright MLS

APN: 134-17.00-56.04-401

Delaware Sussex County Bethany Beach 19930

401 Farragut House Rd Unit 401, Bethany Beach, DE

This home is located at 401 Farragut House Rd Unit 401, Bethany Beach, DE 19930 since 16 February 2015 and is currently estimated at $934,000. 401 Farragut House Rd Unit 401 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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