NOT LISTED FOR SALE

402 Annapolis House Rd Unit 402 Bethany Beach, DE 19930

Estimated Value: $416,032 - $786,000

1 Bed
1.5 Baths
725 Sq Ft
$500/mo HOA Fee

Last Sold January 19, 2017

Last sale price $249,000 $343 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,989/month

Highlights

  • Ocean View
  • Beach
  • Fitness Center
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Contemporary Architecture

About This Home

As of January 2017

Enjoy all that Sea Colony has to offer for under $300,000!!! This darling condo is move-in ready with all furnishings and furniture conveying. Look at the ocean from the balcony and enjoy the sunrise every morning from the balcony in this quiet location within Sea Colony. Lovingly maintained, this condo is just delightful with very pretty furnishings and furniture. Newer cabinets and appliances make the kitchen nicely updated. A successful rental - but certainly doesn't look like a rental - this great price makes this a good investment or a place at the beach for your own use. And best of all, THIS CONDO HAS NO GROUND RENT.

Last Agent to Sell the Property

Dayna Feher

(443) 783-0727 dayna@beachhomesde.com Keller Williams Realty License #524093 Listed on: 07/18/2016

Keller Williams Realty

Last Buyer's Agent

Dayna Feher

(443) 783-0727 dayna@beachhomesde.com Keller Williams Realty License #524093 Listed on: 07/18/2016

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1972

Lot Details

  • Sprinkler System

HOA Fees

Parking

  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Metal Roof
  • Stone Siding
  • Piling Construction
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 725 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Bedroom

Home Security

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Balcony

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.01-402N

Community Details

Overview

  • Low-Rise Condominium
  • Sea Colony Annapolis Community
  • Sea Colony East Subdivision

Amenities

  • Community Center
  • Recreation Room
  • Elevator

Recreation

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

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,162

Year Built

Built in 1972

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1972
  • Remarks Public: Enjoy all that Sea Colony has to offer for under $300,000!!! This darling condo is move-in ready with all furnishings and furniture conveying. Look at the ocean from the balcony and enjoy the sunrise every morning from the balcony in this quiet location within Sea Colony. Lovingly maintained, this condo is just delightful with very pretty furnishings and furniture. Newer cabinets and appliances make the kitchen nicely updated. A successful rental - but certainly doesn't look like a rental - this great price makes this a good investment or a place at the beach for your own use. And best of all, THIS CONDO HAS NO GROUND RENT.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 4
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Pilings
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 725
  • Living Area Sq Ft: 725
  • Net Sq Ft: 725.00
  • Price Per Sq Ft: 382.07
  • Above Grade Finished Sq Ft: 725
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Composition, Stone
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 270.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2424.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3572.00
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Community Center, Elevator, Fitness Center, Reserved/Assigned Parking, Tot Lots/Playground, Swimming Pool, Pool - Outdoor, Recreational Center, Security, Tennis - Indoor, Tennis Courts
  • HOA: Yes
  • Association Recreation Fee: Yes
  • Community Pool Features: Indoor

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Outdoor Living Structures: Balcony
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Building Info

  • Building Features: Elevator, Guard System

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 10500.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 134-17.00-56.01-402N
  • County Tax Payment Frequency: Annually
  • Close Date: 01/19/2017

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2012
Sold by
Jeanne L Jeanne L
Bought by
Morris Jeanne L
Current Estimated Value
$641,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Outstanding Balance
$127,708
Interest Rate
3.86%
Mortgage Type
Unknown
Estimated Equity
$513,800

Purchase Details

Closed on
Mar 5, 2012
Sold by
Jeanne L Jeanne L
Bought by
Morris Jeanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Outstanding Balance
$127,708
Interest Rate
3.86%
Mortgage Type
Unknown
Estimated Equity
$513,800

Purchase Details

Closed on
Mar 2, 2012
Sold by
Jeanne L Jeanne L
Bought by
Morris Jeanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Outstanding Balance
$127,708
Interest Rate
3.86%
Mortgage Type
Unknown
Estimated Equity
$513,800
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
Morris Jeanne L -- --
Morris Jeanne L -- --
Morris Jeanne L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Jeanne L $186,000
Closed Morris Jeanne L $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2017 01/19/17 Sold $249,000 -13.8% $343 / Sq Ft
11/27/2016 11/27/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $289,000 -- $399 / 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 $1,162 $17,950 $0 $17,950
2024 $817 $17,950 $0 $17,950
2023 $816 $17,950 $0 $17,950
2022 $803 $17,950 $0 $17,950
2021 $778 $17,950 $0 $17,950
2020 $743 $17,950 $0 $17,950
2019 $740 $17,950 $0 $17,950
2018 $747 $19,750 $0 $0
2017 $753 $19,750 $0 $0
2016 $664 $19,750 $0 $0
2015 $684 $19,750 $0 $0
2014 $674 $19,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001019898

Bright MLS

APN: 134-17.00-56.01-402N