NOT LISTED FOR SALE

405 Brandywine House Rd Unit 405S Bethany Beach, DE 19930

Estimated Value: $636,450

2 Beds
2 Baths
1,097 Sq Ft
$574/mo HOA Fee

Last Sold August 11, 2023

Last sale price $569,000 $519 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,225/month

29 Days on Market

Highlights

  • 2,640 Feet of Waterfront
  • Ocean View
  • Beach
  • Lord Baltimore Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Fitness Center

About This Home

As of August 2023

"Bring your flip flops and begin enjoying Resort Style Living"
The Sea Colony Community is truly A One and Only community of this magnitude along the Delaware Beaches including outdoor and indoor pools, kiddie pools, 1/2 mile of pristine beach, work out facilities, indoor and outdoor tennis and fun activities for all to enjoy. This two bedroom, two bath home amid the community is very nicely appointed and furnished with coastal decor throughout.
Just a few of the significant improvements made in the home are an updated kitchen with custom cabinetry and corian countertops, updated baths, custom paint, plantation shutters in the master bedroom and tile flooring in kitchen, baths and entry. A successful rental history comes with this crisp, fresh and meticulous property that also includes an ocean view and the sought after southern exposure. Just an elevator down to outdoor tennis, swimming, a children's playground, basketball and outdoor BBQ grilling.

Last Agent to Sell the Property

Anna Meiklejohn

Long & Foster Real Estate, Inc. License #RS-0024096 Listed on: 01/25/2023

Long & Foster Real Estate, Inc.

Co-Listed By

Tammy Hadder

Long & Foster Real Estate, Inc. License #RA-0020481

Last Buyer's Agent

Anna Meiklejohn

Long & Foster Real Estate, Inc. License #RS-0024096 Listed on: 01/25/2023

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,052

Year Built

  • Built in 1971

Lot Details

  • 2,640 Feet of Waterfront
  • Ocean Front
  • West Facing Home
  • Land Lease expires in 47 years
  • Ground Rent expires in 47 years

HOA Fees

  • $574 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Stone Siding
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 1,097 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Window Treatments
  • Window Screens
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

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

Utilities

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

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.01-405S

Community Details

Overview

  • $2,900 Recreation Fee
  • $4,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, insurance, reserve funds, trash, water, management
  • High-Rise Condominium
  • Sea Colony Brandywine Community
  • Sea Colony East Subdivision
  • Property Manager

Amenities

  • Sauna
  • Elevator

Recreation

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

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,052

Year Built

Built in 1971

Lot Details

0

HOA Fees

$574 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: Level Entry - Main
  • Ownership: Land Lease
  • Historic: No
  • Inclusions: sold fully furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 4
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Window Treatments, Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Primary Bedroom - Ocean Front, Carpet
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Pillar/Post/Pier
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1097
  • Living Area Sq Ft: 1097
  • Price Per Sq Ft: 546.03
  • Above Grade Finished Sq Ft: 1097
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 405 S

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
  • Construction Materials: Masonry, Composition, Stone
  • Exterior Features: Secure Storage
  • Roof: Metal
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 2640

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

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
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Private

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1722.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Beach, Cable, Elevator, Fitness Center, Jog/Walk Path, Tot Lots/Playground, Swimming Pool, Pool - Outdoor, Sauna, Security, Tennis - Indoor, Tennis Courts, Basketball Courts, Pool - Indoor
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Insurance, Reserve Funds, Trash, Water, Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 2900.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Indoor, In Ground

Fee Information

  • Capital Contribution Fee: 4000.00

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 47
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Zoning: RESIDENTIAL PLANNED COMM
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 47
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 18084.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 134-17.00-56.01-405S
  • County Tax Payment Frequency: Annually
  • Close Date: 08/11/2023

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

Closed on
Aug 20, 2024
Sold by
Siegel Racquet Lane Llc
Bought by
Siegel Charles J and Siegel Robyn R
Total Days on Market
29
Current Estimated Value
$636,450

Purchase Details

Listed on
Jan 25, 2023
Closed on
Aug 11, 2023
Sold by
Reese Daniel B and Reese Carla L
Bought by
Siegel Racquet Lane Llc
Seller's Agent
Anna Meiklejohn
Long & Foster Real Estate, Inc.
Buyer's Agent
Anna Meiklejohn
Long & Foster Real Estate, Inc.
List Price
$599,000
Sold Price
$569,000
Premium/Discount to List
-$30,000
-5.01%
Views
273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
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
Siegel Charles J -- None Listed On Document
Siegel Racquet Lane Llc $569,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $569,000 -5.0% $519 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $599,000 -- $546 / 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
2024 $1,052 $22,950 $0 $22,950
2023 $1,051 $22,950 $0 $22,950
2022 $1,034 $22,950 $0 $22,950
2021 $1,003 $22,950 $0 $22,950
2020 $957 $22,950 $0 $22,950
2019 $953 $22,950 $0 $22,950
2018 $962 $25,450 $0 $0
2017 $970 $25,450 $0 $0
2016 $855 $25,450 $0 $0
2015 $881 $25,450 $0 $0
2014 $868 $25,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2034876

Bright MLS

APN: 134-17.00-56.01-405S