NOT LISTED FOR SALE

406 Chesapeake House Bethany Beach, DE 19930

Estimated Value: $668,354 - $973,000

2 Beds
2 Baths
1,097 Sq Ft
$885/mo HOA Fee

Last Sold December 05, 2017

Last sale price $545,000 $497 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,421/month

157 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Furnished
  • Lord Baltimore Elementary School Rated A-
  • Coastal Architecture
  • Tile or Brick Flooring

About This Home

As of December 2017

Price reduced AGAIN. Enjoy this 2 bdrm fully renovated condo located in the amenity filled beach community of Sea Colony in Bethany Beach. Amazing ocean views, large bedrooms (master on the ocean) and plenty of living space in this fantastic beach retreat. Great rental investment (does over $35,000 per year) or use as your personal beach home. Brand new sliders. Turnkey and ready to go.... NO GROUND RENT - IN FEE. Seller motivated. Bring offers.

Last Agent to Sell the Property

JENNIFER SMITH

Keller Williams Realty License #RS-0024095 Listed on: 05/23/2017

Keller Williams Realty

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 1972

Lot Details

  • Waterfront

HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Metal Siding
  • Stone Siding

Interior Spaces

  • 1,097 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near an ocean

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.02-406N

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,054

Year Built

Built in 1972

Lot Details

0

HOA Fees

$885 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1972
  • Remarks Public: Price reduced AGAIN. Enjoy this 2 bdrm fully renovated condo located in the amenity filled beach community of Sea Colony in Bethany Beach. Amazing ocean views, large bedrooms (master on the ocean) and plenty of living space in this fantastic beach retreat. Great rental investment (does over $35,000 per year) or use as your personal beach home. Brand new sliders. Turnkey and ready to go.... NO GROUND RENT - IN FEE. Seller motivated. Bring offers.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 4
  • Flooring Type: Carpet, Tile/Brick
  • Fireplace: No
  • Foundation Details: Pillar/Post/Pier
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1097
  • Living Area Sq Ft: 1097
  • Net Sq Ft: 1097.00
  • Price Per Sq Ft: 501.37
  • Above Grade Finished Sq Ft: 1097
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 406

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Metal Siding, Stone
  • 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: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No

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: 300.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2424.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 8192.00
  • HOA: Yes
  • Association Recreation Fee: Yes

Schools

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

Lot Info

  • Lot Size Units: Square Feet
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 35000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 134-17.00-56.02-406N
  • County Tax Payment Frequency: Annually
  • Close Date: 12/05/2017

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
12/05/2017 12/05/17 Sold $545,000 -0.9% $497 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
10/12/2017 10/12/17 Price Changed $550,000 -3.5% $501 / Sq Ft
08/31/2017 08/31/17 Price Changed $569,900 -4.9% $520 / Sq Ft
05/23/2017 05/23/17 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 $1,054 $22,950 $0 $22,950
2023 $1,053 $22,950 $0 $22,950
2022 $1,036 $22,950 $0 $22,950
2021 $1,005 $22,950 $0 $22,950
2020 $959 $22,950 $0 $22,950
2019 $955 $22,950 $0 $22,950
2018 $964 $25,500 $0 $0
2017 $972 $25,500 $0 $0
2016 $857 $25,500 $0 $0
2015 $883 $25,500 $0 $0
2014 $870 $25,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    JENNIFER SMITH

    Keller Williams Realty

    (302) 245-7581

    82 in this area

    117 Total Sales

    JENNIFER SMITH
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Map

Source: Bright MLS

MLS Number: 1001200074

Bright MLS

APN: 134-17.00-56.02-406N

Delaware Sussex County Bethany Beach 19930

406 Chesapeake House, Bethany Beach, DE

This home is located at 406 Chesapeake House, Bethany Beach, DE 19930 since 23 May 2017 and is currently estimated at $816,339, approximately $744 per square foot. This property was built in 1972. 406 Chesapeake House 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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