NOT LISTED FOR SALE

5 Edgewater House Rd Unit PH05S Bethany Beach, DE 19930

Estimated Value: $1,197,000 - $1,349,340

2 Beds
2 Baths
1,265 Sq Ft
$685/mo HOA Fee

Last Sold March 24, 2012

Last sale price $700,000 $553 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,585/month

53 Days on Market

Highlights

  • Ocean View
  • Beach
  • Fitness Center
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Wood Burning Stove

About This Home

As of March 2012

This stunning oceanfront penthouse offers it all! Located in the prestigious Edgewater building, this home has been completely remodeled & features a fireplace, 2 Master suites, unparalleled views & tasteful furnishings-One of a kind!

Last Agent to Sell the Property

Tammy Hadder

(302) 249-2470 tammy@tammyandannasell.com Long & Foster Real Estate, Inc. License #RA-0020481 Listed on: 01/13/2012

Long & Foster Real Estate, Inc.

Co-Listed By

Anna Meiklejohn

(302) 420-8597 annam@seasideseven.com Long & Foster Real Estate, Inc. License #RS-0024096

Last Buyer's Agent

Tammy Hadder

(302) 249-2470 tammy@tammyandannasell.com Long & Foster Real Estate, Inc. License #RA-0020481 Listed on: 01/13/2012

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Lot Details

  • Ground Rent of $2,000 per year expires in 61 years

HOA Fees

Parking

  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Entry on the 15th floor
  • Metal Roof
  • Stone Siding
  • Piling Construction
  • Masonry

Interior Spaces

  • 1,265 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Ocean Views
  • Electric Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.03-PH05S

Community Details

Overview

  • High-Rise Condominium
  • Sea Colony Edgewater Community
  • Sea Colony East Subdivision

Recreation

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

Additional Features

  • Recreation Room
  • Security Service

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$685 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
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Water Heater
  • Entry Floor: 15
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Pilings
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1265
  • Living Area Sq Ft: 1265
  • Net Sq Ft: 1265.00
  • Price Per Sq Ft: 577.00
  • Above Grade Finished Sq Ft: 1265
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, 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: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Wood Burn Stove, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 258.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2112.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6112.00
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Fitness Center, Tennis - Indoor, Jog/Walk Path, Tennis Courts, Reserved/Assigned Parking, Swimming Pool, Pool - Outdoor, Recreational Center, Security
  • HOA: Yes
  • Community Pool Features: Indoor

Lot Info

  • Outdoor Living Structures: Balcony

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 2000.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 61
  • Total Actual Rent: 23336.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 134-17.00-56.03-PH05S
  • County Tax Payment Frequency: Annually

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
Oct 14, 2003
Bought by
Buchanan James L Nancy P Buchanan
Current Estimated Value
$1,272,335
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Buchanan James L Nancy P Buchanan $430,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2012 03/24/12 Sold $700,000 0.0% $553 / Sq Ft
03/06/2012 03/06/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $700,000 -- $553 / 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
2025 $2,498 $29,450 $0 $29,450
2024 $1,296 $29,450 $0 $29,450
2023 $1,295 $29,450 $0 $29,450
2022 $1,274 $29,450 $0 $29,450
2021 $1,236 $29,450 $0 $29,450
2020 $1,179 $29,450 $0 $29,450
2019 $1,174 $29,450 $0 $29,450
2018 $1,185 $31,350 $0 $0
2017 $1,195 $31,350 $0 $0
2016 $1,053 $31,350 $0 $0
2015 $1,086 $31,350 $0 $0
2014 $1,069 $31,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tammy Hadder

    Seller's Agent in 2012

    Tammy Hadder

    Long & Foster

    (302) 249-2470

    37 in this area

    49 Total Sales

    Tammy Hadder
    Section Image
  • Anna Meiklejohn

    Seller Co-Listing Agent in 2012

    Anna Meiklejohn

    Long & Foster

    (302) 420-8597

    46 in this area

    67 Total Sales

    Anna Meiklejohn
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000963548

Bright MLS

APN: 134-17.00-56.03-L5S

Delaware Sussex County Bethany Beach 19930

5 Edgewater House Rd Unit PH05S, Bethany Beach, DE

Not Listed for Sale

Condos

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