NOT LISTED FOR SALE

501 Annapolis House Rd Bethany Beach, DE 19930

Estimated Value: $1,467,000 - $1,678,000

3 Beds
2.5 Baths
1,723 Sq Ft
$908/Sq Ft Est. Value

Last Sold August 13, 2016

Last sale price $900,000 $522 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $9,015/month

56 Days on Market

Highlights

  • Ocean View
  • Beach
  • Lap Pool
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Gated Community

About This Home

As of August 2016

Sea Colony spacious point three bedroom with broad ocean views from the wrap-around balcony and floor to ceiling windows. Overlooks downtown Bethany Beach providing front row seating to ever changing water views and Bethany's July 4th fireworks display. Sellers have enjoyed the property as their private beach house and have not offered the home for rent. Move in ready and not encumbered by any rental commitments. Room for the entire family and friends or high demand rental investment. call us today to schedule your private showing.

Last Agent to Sell the Property

William Hand

(302) 539-9040 Bill@billhand.com Long & Foster Real Estate, Inc. License #RA-0020486 Listed on: 05/14/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Tammy Hadder

(302) 539-9040 tammy@tammyandannasell.com Long & Foster Real Estate, Inc. License #RA-0020481

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1972

HOA Fees

Home Design

  • Entry on the 5th floor
  • Metal Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 1,723 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Ocean Views
  • Security Gate

Kitchen

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

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Lap Pool
  • Water Access
  • Property is near an ocean
  • Balcony
  • Deck
  • Wrap Around Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.01-501N

Community Details

Overview

  • Sea Colony Annapolis Community
  • Sea Colony East Subdivision

Amenities

  • Community Center
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Indoor Pool
  • Jogging Path

Security

  • Security Guard
  • Gated Community

Townhouse Details

Home Type

Townhome

Year Built

Built in 1972

Lot Details

0 Sq Ft Lot

HOA Fees

$700 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 5
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Concrete Perimeter
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1723
  • Living Area Sq Ft: 1723
  • Net Sq Ft: 1723.00
  • Price Per Sq Ft: 557.11
  • Above Grade Finished Sq Ft: 1723
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Composition, Concrete, Stone
  • Construction Completed: Yes
  • Exterior Features: Sidewalks
  • Pool Features: Lap/Exercise
  • Roof: Metal
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Paved Driveway
  • Number Of Parking Spaces Included: 1-Car Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 286.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2424.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 5980.00
  • HOA Condo Co-Op Amenities: Beach, Cable, Community Center, Elevator, Gated Community, Jog/Walk Path, Swimming Pool, Pool - Outdoor, Security, Tennis - Indoor, Tennis Courts
  • HOA: Yes
  • Association Recreation Fee: Yes
  • Community Pool Features: Indoor

Lot Info

  • Lot Size Units: Acres
  • Outdoor Living Structures: Balcony, Deck(s), Wrap Around
  • Zoning Description: RESIDENTIAL PLANNED COMM.

Building Info

  • Building Features: Elevator, Guard System

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 134-17.00-56.01-501N
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2016
Closed on
Aug 16, 2016
Sold by
Patro Colleen R and Patro Richard J
Bought by
Dawn Marie Richardson Revocable Trust
Seller's Agent
William Hand
Long & Foster Real Estate, Inc.
Buyer's Agent
Tammy Hadder
Long & Foster Real Estate, Inc.
List Price
$959,900
Sold Price
$900,000
Premium/Discount to List
-$59,900
-6.24%
Current Estimated Value
$1,563,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,712
Avg. Annual Appreciation
5.96%

Purchase Details

Listed on
May 14, 2016
Closed on
Aug 13, 2016
Sold by
Patro Colleen R and Patro Richard J
Bought by
Dawn Marie Richardson Revocable Trust
Seller's Agent
William Hand
Long & Foster Real Estate, Inc.
Buyer's Agent
Tammy Hadder
Long & Foster Real Estate, Inc.
List Price
$959,900
Sold Price
$900,000
Premium/Discount to List
-$59,900
-6.24%

Purchase Details

Closed on
Oct 28, 2003
Bought by
Patro Richard J and Patro Colleen R
Source: Public Records
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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
Dawn Marie Richardson Revocable Trust $900,000 None Available
Dawn Marie Richardson Revocable Trust $900,000 None Available
Patro Richard J $710,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2016 08/13/16 Sold $900,000 -6.2% $522 / Sq Ft
07/09/2016 07/09/16 Pending -- -- --
05/14/2016 05/14/16 For Sale $959,900 -- $557 / Sq Ft
Source: Bright MLS

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 $3,117 $33,450 $0 $33,450
2024 $1,507 $33,450 $0 $33,450
2023 $1,506 $33,450 $0 $33,450
2022 $1,481 $33,450 $0 $33,450
2021 $1,422 $33,450 $0 $33,450
2020 $1,371 $33,450 $0 $33,450
2019 $1,365 $33,450 $0 $33,450
2018 $1,378 $36,450 $0 $0
2017 $1,390 $36,450 $0 $0
2016 $1,225 $36,450 $0 $0
2015 $1,262 $36,450 $0 $0
2014 $1,243 $36,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001017474

Bright MLS

APN: 134-17.00-56.01-501N

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