NOT LISTED FOR SALE

407 Georgetowne House Rd Unit 407 Bethany Beach, DE 19930

Estimated Value: $552,316 - $1,203,000

3 Beds
2 Baths
1,060 Sq Ft
$802/mo HOA Fee

Last Sold January 16, 2018

Last sale price $565,000 $533 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,146/month

69 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Furnished
  • Lord Baltimore Elementary School Rated A-
  • Coastal Architecture
  • Elevator

About This Home

As of January 2018

This is the much sought after "point unit" - the best ocean views in Sea Colony. Established rental history ($27k with potential to do more w/o blocks). Best views in the community and the perfect floor level. Won't last long. New HVAC and hot water heater. Ceramic tile throughout. Very close to indoor and outdoor pools.

Last Agent to Sell the Property

JENNIFER SMITH

Keller Williams Realty License #RS-0024095 Listed on: 08/03/2017

Keller Williams Realty

Last Buyer's Agent

Camilla Conlon

Jack Lingo - Rehoboth License #RS-0010631

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,404

Year Built

  • Built in 1978

Lot Details

  • Waterfront
  • Ground Rent of $2,000 per year

HOA Fees

Home Design

  • Coastal Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Tile or Brick Flooring
  • Ocean Views
  • Security Gate
  • Stacked Electric Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Property is near an ocean

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 1-34-17.00-56.05-407

Community Details

Overview

  • Low-Rise Condominium
  • Sea Colony East Subdivision

Additional Features

  • Elevator
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,404

Year Built

Built in 1978

Lot Details

0

HOA Fees

$802 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1978
  • Remarks Public: This is the much sought after "point unit" - the best ocean views in Sea Colony. Established rental history ($27k with potential to do more w/o blocks). Best views in the community and the perfect floor level. Won't last long. New HVAC and hot water heater. Ceramic tile throughout. Very close to indoor and outdoor pools.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Freezer, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 4
  • Flooring Type: 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: 1060
  • Living Area Sq Ft: 1060
  • Net Sq Ft: 1060.00
  • Price Per Sq Ft: 547.17
  • Above Grade Finished Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 407

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, 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: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 2424.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 7200.00
  • 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

Building Info

  • Building Features: Elevator, Guard System

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 2000.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5116114
  • Assessor Parcel Number: 1-34-17.00-56.05-407
  • County Tax Payment Frequency: Annually
  • Close Date: 01/16/2018

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
Dec 20, 1994
Bought by
Harold R Johnson Family Limited Partners
Total Days on Market
69
Current Estimated Value
$934,829
Source: Public Records

Similar Homes in Bethany Beach, DE

  • 202 Farragut House Rd Unit 202, Bethany Beach, DE 19930

    $950,000

    • 3 Beds
    • 2 Baths
    • 1,060 Sq Ft
    • 202 Farragut House Rd
    • Unit 202
    • Bethany Beach, DE

    Introducing 202 Farragut House! Offering sweeping views of the Atlantic Ocean, beach, heated lap pool and kiddie pool. This lovely 3 bedroom/2 full bath oceanfront condominium presents an eastern exposure with glorious morning sun, newly upgraded Luxury Vinyl Plank in Dining Room, textured carpet in Living Room and Bedrooms and ceramic tile in Kitchen and Baths. Calm coastal pallet depicts a

    Leslie Kopp Long & Foster Real Estate, Inc.

    Section Image
  • 602 Harbour House Rd, Bethany Beach, DE 19930

    $1,100,000

    • 3 Beds
    • 2 Baths
    • 1,060 Sq Ft
    • 602 Harbour House Rd
    • Bethany Beach, DE

    Welcome to 602 Harbour House, a stunning oceanfront condominium in the sought-after Sea Colony community of Bethany Beach. This beautifully maintained and freshly painted residence is being sold fully furnished, offering a turnkey opportunity to enjoy the coastal lifestyle from day one. Step inside to find a bright and airy open-concept living space with floor-to-ceiling sliding door windows

    Sarah Schifano Long & Foster Real Estate, Inc.

    Section Image
  • 111 Farragut House Rd Unit 111, Bethany Beach, DE 19930

    $899,900

    • 3 Beds
    • 2 Baths
    • 1,060 Sq Ft
    • 111 Farragut House Rd
    • Unit 111
    • Bethany Beach, DE

    JUST REDUCED: OCEAN FRONT 3-Bedroom Condo in the much sought-after Sea Colony resort with the advantage of 1st floor living= no waiting for elevators in the busy summer, and easy beach access directly from your patio. This remodeled immaculate beauty offers three updated bedrooms and two bathrooms with an updated and enlarged primary bath with double sinks. Fabulous kitchen with granite

    Dennis Mather Long & Foster Real Estate, Inc.

    Section Image
  • 604 Dover House Rd Unit 604, Bethany Beach, DE 19930

    $1,099,000

    • 2 Beds
    • 2 Baths
    • 1,097 Sq Ft
    • 604 Dover House Rd
    • Unit 604
    • Bethany Beach, DE

    OCEANFRONT LIVING IN STYLE & COMFORT! This beautifully updated OCEANFRONT CONDO located in SEA COLONY East - with coveted Fee Simple ownership (no land lease fees!) - has everything you could ask for and more! You can make this your very own incredible beach retreat or take advantage of it's massive income potential with it's well-established rental history - boasting $50k-$70K in annual rental

    Lee Ann Wilkinson Berkshire Hathaway HomeServices PenFed Realty

    Section Image
  • 902 Dover House Rd Unit 902S, Bethany Beach, DE 19930

    $950,000

    • 2 Beds
    • 1.5 Baths
    • 902 Dover House Rd
    • Unit 902S
    • Bethany Beach, DE

    This penthouse oceanfront condo with breathtaking views is a rare find, It is a one-bedroom plus a loft that can be used as a 2nd bedroom and 1.5 baths. Being sold furnished and ready for the summer season. Sea Colony East offers a 1/2 mile of private beach as well as 5 heated outdoor and 1 indoor heated pool and fitness center. Use the tram to Sea Colonys tennis community where you will find a

    AVA TANSEY TANSEY WARNER

    Section Image
  • 404 Chesapeake House Rd Unit 404N, Bethany Beach, DE 19930

    $999,000

    • 2 Beds
    • 2 Baths
    • 1,097 Sq Ft
    • 404 Chesapeake House Rd
    • Unit 404N
    • Bethany Beach, DE

    Absolutely one of the most gorgeous views in Sea Colony East. This 2013 completely renovated coastal 2 bedroom, 2 bath oceanfront condominium located in the sought-after Chesapeake House is being offered fully furnished and sold IN FEE, (No Ground Rent). Tiled spacious open floor plan includes a remodeled kitchen showcasing a decorative tin “Facade” ceiling, stainless appliances including a

    Leslie Kopp Long & Foster Real Estate, Inc.

    Section Image
  • 605 Chesapeake House Rd Unit 605N, Bethany Beach, DE 19930

    $759,000

    • 2 Beds
    • 2 Baths
    • 1,097 Sq Ft
    • 605 Chesapeake House Rd
    • Unit 605N
    • Bethany Beach, DE

    Presenting 605 Chesapeake House. Currently the lowest priced 2 Bedroom, 2 full bath condominium being offered in the beautiful beach and tennis resort of Sea Colony East! This spacious, 1097 sq ft oceanfront get-a-way or investment property provides stunning, northern exposure for views of glorious morning sunrises and the Bethany Beach coastline. Being sold “In-Fee” (no Ground Lease) and in

    Leslie Kopp Long & Foster Real Estate, Inc.

    Section Image
  • 902 Chesapeake House Rd Unit 902N, Bethany Beach, DE 19930

    $985,000

    • 2 Beds
    • 2.5 Baths
    • 902 Chesapeake House Rd
    • Unit 902N
    • Bethany Beach, DE

    This penthouse oceanfront condo with breathtaking views is a rare find, It boasts two bedrooms and 2.5 baths. Fully equipped kitchen with SS appliances and granite counter tops. Turn-key ready for the summer season. This property was never a rental and has been fully renovated, This a perfect blend of tranquility and convenience. Sea Colony East offers a 1/2 mile of private beach as well as 5

    DOUGLAS THOMPSON TANSEY WARNER

    Section Image
  • 506 Brandywine House Unit 506S, Bethany Beach, DE 19930

    $700,000

    • 2 Beds
    • 2 Baths
    • 506 Brandywine House
    • Unit 506S
    • Bethany Beach, DE

    Beautiful seaside retreat. Popular 2 bedroom, 2 bath condo in the private community of Sea Colony, NO GROUND RENT owned in fee. Ready to purchase and is ready to move in. Being sold furnished with few exclusions.. Very good rental history rentals will transfer to buyer. Ocean views and conveniently located to to Bethany Beach and the 1/2 mile private beach and Sea Colony has to offer.

    DOUGLAS THOMPSON TANSEY WARNER

    Section Image
See All Homes in Bethany Beach

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Harold R Johnson Family Limited Partners -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2018 01/16/18 Sold $565,000 -2.6% $533 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $580,000 -- $547 / 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 $1,404 $32,450 $0 $32,450
2023 $1,402 $32,450 $0 $32,450
2022 $1,380 $32,450 $0 $32,450
2021 $1,338 $32,450 $0 $32,450
2020 $1,277 $32,450 $0 $32,450
2019 $1,271 $32,450 $0 $32,450
2018 $1,284 $33,950 $0 $0
2017 $1,294 $33,950 $0 $0
2016 $1,141 $33,950 $0 $0
2015 $1,176 $33,950 $0 $0
2014 -- $33,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    JENNIFER SMITH

    Keller Williams Realty

    (302) 245-7581

    86 in this area

    120 Total Sales

    JENNIFER SMITH
    Section Image
  • Camilla Conlon

    Buyer's Agent in 2018

    Camilla Conlon

    Jack Lingo - Rehoboth

    (800) 345-3469

    43 Total Sales

    Camilla Conlon
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001032124

Bright MLS

APN: 134-17.00-56.05-407

Delaware Sussex County Bethany Beach 19930

407 Georgetowne House Rd Unit 407, Bethany Beach, DE

This home is located at 407 Georgetowne House Rd Unit 407, Bethany Beach, DE 19930 since 03 August 2017 and is currently estimated at $934,829, approximately $881 per square foot. This property was built in 1978. 407 Georgetowne House Rd Unit 407 is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes