NOT LISTED FOR SALE

402 Island House Rd Unit 402 Bethany Beach, DE 19930

Estimated Value: $770,569 - $1,124,000

3 Beds
2 Baths
1,060 Sq Ft
$647/mo HOA Fee

Last Sold October 05, 2015

Last sale price $600,000 $566 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,080/month

7 Days on Market

Highlights

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

About This Home

As of October 2015

GORGEOUS!! 180 degree views of the beach and ocean greet you from this completely renovated condo located in the most quiet and private section of Sea Colony - you can hear the waves on the beach from the balcony! The owner used high end finishes throughout to create a classic coastal style that is very pleasing to the eye. In the kitchen, a granite that is rarely seen makes this open kitchen (wall was removed) really stand out and new stainless appliances finish the look. The bathrooms were completely gutted and cork floors installed as well as elegant vanities and all new fixtures and lighting. Additionally, all new lighting, ceiling fans, doors and trim were installed, the bedroom carpets are all new and all the walls were repainted. To top it all off, most of the furniture was replaced with beautiful furnishings that match all the upgrades. The HVAC is also new !to finish the remodel. This is truly a must-see condo - absolutely stunning!!

Last Agent to Sell the Property

Dayna Feher

Keller Williams Realty License #524093 Listed on: 08/19/2015

Keller Williams Realty

Last Buyer's Agent

JANE BAXTER

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 1980

Lot Details

  • 436

HOA Fees

Parking

  • Assigned Parking

Home Design

  • Metal Roof
  • Concrete Perimeter Foundation
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • 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

  • 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
  • Cable TV Available

Additional Features

  • Ground Rent of $2,000 per year expires in 65 years
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.07-402

Community Details

Overview

  • Low-Rise Condominium
  • Sea Colony Island House Community
  • Sea Colony East Subdivision

Amenities

  • Sauna
  • Recreation Room
  • Elevator

Recreation

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

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,280

Year Built

Built in 1980

Lot Details

0

HOA Fees

$647 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: East of Rt 1
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1980
  • Remarks Public: GORGEOUS!! 180 degree views of the beach and ocean greet you from this completely renovated condo located in the most quiet and private section of Sea Colony - you can hear the waves on the beach from the balcony! The owner used high end finishes throughout to create a classic coastal style that is very pleasing to the eye. In the kitchen, a granite that is rarely seen makes this open kitchen (wall was removed) really stand out and new stainless appliances finish the look. The bathrooms were completely gutted and cork floors installed as well as elegant vanities and all new fixtures and lighting. Additionally, all new lighting, ceiling fans, doors and trim were installed, the bedroom carpets are all new and all the walls were repainted. To top it all off, most of the furniture was replaced with beautiful furnishings that match all the upgrades. The HVAC is also new !to finish the remodel. This is truly a must-see condo - absolutely stunning!!
  • Special Features: VirtualTour
  • 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, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1060
  • Living Area Sq Ft: 1060
  • Net Sq Ft: 1060.00
  • Price Per Sq Ft: 589.62
  • Above Grade Finished Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Composition
  • Construction Completed: Yes
  • 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
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 270.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2380.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 5388.00
  • HOA Condo Co-Op Amenities: Beach, Cable, Elevator, Fitness Center, Gated Community, Reserved/Assigned Parking, Swimming Pool, Pool - Outdoor, Recreational Center, Sauna, Security, Tennis - Indoor, Tennis Courts
  • HOA: Yes
  • Association Recreation Fee: No
  • Community Pool Features: Indoor

Schools

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

Lot Info

  • Lot Size Acres: 0.01
  • Lot Size Units: Acres
  • Lot Sq Ft: 436.00
  • Outdoor Living Structures: Balcony
  • Zoning Description: GENERAL RESIDENTIAL

Building Info

  • Building Features: Guard System

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 2000.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 65
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 134-17.00-56.07-402
  • County Tax Payment Frequency: Annually
  • Close Date: 10/05/2015

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
Aug 19, 2015
Closed on
Oct 5, 2015
Sold by
Uebele Erin and Uebele Steven A
Bought by
Getz Charles and Getz Samantha
Seller's Agent
Dayna Feher
Keller Williams Realty
Buyer's Agent
JANE BAXTER
Keller Williams Realty
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Total Days on Market
7
Current Estimated Value
$1,003,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,642
Avg. Annual Appreciation
5.47%
Original Mortgage
$417,000
Outstanding Balance
$331,668
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$671,974
Source: Public Records

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Range of Values:

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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
Getz Charles $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Getz Charles $417,000
Previous Owner Uebele Steven A $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2015 10/05/15 Sold $600,000 -4.0% $566 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $625,000 +11.6% $590 / Sq Ft
06/07/2013 06/07/13 Sold $560,000 0.0% --
04/29/2013 04/29/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $560,000 -- --
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
2024 $1,280 $30,150 $0 $30,150
2023 $1,278 $30,150 $0 $30,150
2022 $1,258 $30,150 $0 $30,150
2021 $1,220 $30,150 $0 $30,150
2020 $1,164 $30,150 $0 $30,150
2019 $1,159 $30,150 $0 $30,150
2018 $1,170 $30,950 $0 $0
2017 $1,180 $30,950 $0 $0
2016 $1,040 $30,950 $0 $0
2015 $1,072 $30,950 $0 $0
2014 $1,056 $30,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001009354

Bright MLS

APN: 134-17.00-56.07-402