NOT LISTED FOR SALE

402 Edgewater House Unit 402S Rehoboth Beach, DE 19971

2 Beds
2 Baths
1,265 Sq Ft
$549/mo HOA Fee

Last Sold April 30, 2019

Last sale price $602,500 $476 Per Sq Ft

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Water Access
  • Rehoboth Elementary School Rated A
  • Beach
  • Sandy Beach

About This Home

As of April 2019

Welcome to Sea Colony! You will enjoy oceanfront living in this two bedroom, two bath home that offers the largest two bedroom floor plan on the ocean. Open and Spacious, this perfectly situated home on the fourth level in the prestigious Edgewater House features one of SC's most desirable locations. Offering Breathtaking ocean views from the oversized balcony as well as all conveniences to indoor swimming within the building, an outdoor pool, work out facility and steps to the community private beach. Nicely maintained and being offered fully furnished and equipped. Outstanding rental with income already in place for the 2019 Rental Season.

Last Agent to Sell the Property

Anna Meiklejohn

(302) 420-8597 annam@seasideseven.com Long & Foster Real Estate, Inc. License #RS-0024096 Listed on: 01/10/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Tammy Hadder

(302) 249-2470 tammy@tammyandannasell.com Long & Foster Real Estate, Inc. License #RA-0020481

Last Buyer's Agent

Leslie Kopp

(302) 542-3917 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,110

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • Sandy Beach
  • West Facing Home
  • Ground Rent expires in 54 years
  • Property is in very good condition

HOA Fees

  • $549 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Metal Roof
  • Cement Siding
  • Piling Construction
  • Masonry

Interior Spaces

  • 1,265 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Window Treatments
  • Window Screens
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • Parking Lot
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony

Location

  • Flood Risk

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.03-402S

Community Details

Overview

  • $2,472 Recreation Fee
  • $2,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, management, road maintenance, trash, water
  • High-Rise Condominium
  • Built by Edgewater House
  • Sea Colony Edgewater Community
  • Sea Colony East Subdivision

Recreation

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

Additional Features

  • Sauna
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,110

Year Built

Built in 1974

Lot Details

0

HOA Fees

$549 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator, Level Entry - Main
  • Ownership: Condominium
  • Inclusions: being sold fully furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Remarks Public: Welcome to Sea Colony! You will enjoy oceanfront living in this two bedroom, two bath home that offers the largest two bedroom floor plan on the ocean. Open and Spacious, this perfectly situated home on the fourth level in the prestigious Edgewater House features one of SC's most desirable locations. Offering Breathtaking ocean views from the oversized balcony as well as all conveniences to indoor swimming within the building, an outdoor pool, work out facility and steps to the community private beach. Nicely maintained and being offered fully furnished and equipped. Outstanding rental with income already in place for the 2019 Rental Season.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Electric, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Entry Floor: 4
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Carpet, Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Galley, Primary Bath(s), Primary Bedroom - Ocean Front, Wet/Dry Bar, Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1265
  • Living Area Sq Ft: 1265
  • Price Per Sq Ft: 489.25
  • Above Grade Finished Sq Ft: 1265
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

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: Cement Siding, Masonry
  • Roof: Metal
  • Spa: No
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone, Sewer Available, Water Available
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6588.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Elevator, Exercise Room, Fitness Center, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Security, Sauna, Swimming Pool, Tennis - Indoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Management, Road Maintenance, Trash, Water
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 2472.00
  • Association Recreation Fee: Yes

Fee Information

  • 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

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: A
  • In City Limits: No

Building Info

  • Builder Name: Edgewater House

Rental Info

  • Furnished: Yes
  • Ground Rent Years Remaining: 54
  • Lease Considered: No
  • Total Actual Rent: 27647.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5115861
  • School Tax: 979.00
  • Tax Annual Amount: 1110.00
  • Assessor Parcel Number: 134-17.00-56.03-402S
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 04/30/2019

Multi Family

  • Waterfront Features: Sandy Beach

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 Change Sq Ft Price
04/30/2019 04/30/19 Sold $602,500 -2.6% $476 / Sq Ft
01/10/2019 01/10/19 For Sale $618,900 -- $489 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU128802

Bright MLS