NOT LISTED FOR SALE

501 Chesapeake House Rd Unit 501 Bethany Beach, DE 19930

Estimated Value: $1,243,000 - $1,763,487

3 Beds
2.5 Baths
1,500 Sq Ft
$1,097/mo HOA Fee

Last Sold October 27, 2017

Last sale price $1,100,000 $733 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $9,237/month

4 Days on Market

Highlights

  • Ocean View
  • Beach
  • Fitness Center
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Gated Community

About This Home

As of October 2017

Your wait for the ultimate Sea Colony Home is over! One of these rarely for sale,01 point homes with panoramic views from the massive, wrap around deck and floor to ceiling windows has not been offered for sale since August of 2012! This home has been completely remodeled and upgraded with the finest of finishes and furnishings: Open, island style kitchen with SS appliances, granite counter tops, maple custom cabinets with under mount lighting, and unique ceramic tile flooring though out the living areas. The baths feature ceramic tile showers/tubs with upgraded fixtures and same style ceramic tile floors. Ceiling fans in all rooms except baths. This is one of the largest oceanfront floor plans that Sea Colony offers and one of the best income producers with over $130,000 for the past two years. Don't miss out on this great opportunity to own a showplace at the beach!

Last Agent to Sell the Property

Tammy Hadder

Long & Foster Real Estate, Inc. License #RA-0020481 Listed on: 08/17/2017

Long & Foster Real Estate, Inc.

Co-Listed By

Anna Meiklejohn

Long & Foster Real Estate, Inc. License #RS-0024096

Last Buyer's Agent

Ashley Brosnahan

Long & Foster Real Estate, Inc. License #RA-0031206

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,505

Year Built

  • Built in 1974

HOA Fees

Home Design

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

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Ocean Views
  • Security Gate

Kitchen

  • Electric Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space Included
  • Assigned Parking

Outdoor Features

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

Location

  • Flood Risk

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.02-501N

Community Details

Overview

  • Association fees include lawn maintenance
  • Mid-Rise Condominium
  • Sea Colony Chesapeake Community
  • Sea Colony East Subdivision

Amenities

  • Sauna
  • Elevator
  • Community Storage Space

Recreation

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

Security

  • Security Guard
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,505

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,097 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Remarks Public: Your wait for the ultimate Sea Colony Home is over! One of these rarely for sale,01 point homes with panoramic views from the massive, wrap around deck and floor to ceiling windows has not been offered for sale since August of 2012! This home has been completely remodeled and upgraded with the finest of finishes and furnishings: Open, island style kitchen with SS appliances, granite counter tops, maple custom cabinets with under mount lighting, and unique ceramic tile flooring though out the living areas. The baths feature ceramic tile showers/tubs with upgraded fixtures and same style ceramic tile floors. Ceiling fans in all rooms except baths. This is one of the largest oceanfront floor plans that Sea Colony offers and one of the best income producers with over $130,000 for the past two years. Don't miss out on this great opportunity to own a showplace at the beach!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer, Water Heater
  • Entry Floor: 5
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Kitchen - Island, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Fireplace: No
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Net Sq Ft: 1500.00
  • Price Per Sq Ft: 733.33
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Assigned
  • Number Of Parking Spaces Included: 1-Car Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 2424.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 10736.00
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Bike Trail, Cable, Elevator, Extra Storage, Fitness Center, Gated Community, Jog/Walk Path, Reserved/Assigned Parking, Tot Lots/Playground, Swimming Pool, Pool - Outdoor, Sauna, Security, Tennis - Indoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA: Yes
  • Association Recreation Fee: Yes
  • Community Pool Features: Indoor

Schools

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

Lot Info

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

Building Info

  • Building Features: Guard System

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 65000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 134-17.00-56.02-501N
  • County Tax Payment Frequency: Annually
  • Close Date: 10/27/2017

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2017
Closed on
Oct 20, 2017
Sold by
Hoover Joseph S and Ryan Marie E
Bought by
Angerman Edward K and Angerman Betty T
Seller's Agent
Tammy Hadder
Long & Foster Real Estate, Inc.
Buyer's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,473,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,872
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
Nov 20, 2003
Bought by
Hoover Joseph S and Ryan Marie E
Source: Public Records

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
Angerman Edward K $1,100,000 --
Hoover Joseph S $826,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2017 10/27/17 Sold $1,100,000 0.0% $733 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $1,100,000 -- $733 / 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 $1,505 $32,950 $0 $32,950
2023 $1,503 $32,950 $0 $32,950
2022 $1,479 $32,950 $0 $32,950
2021 $1,435 $32,950 $0 $32,950
2020 $1,369 $32,950 $0 $32,950
2019 $1,363 $32,950 $0 $32,950
2018 $1,376 $36,400 $0 $0
2017 $1,388 $36,400 $0 $0
2016 $1,223 $36,400 $0 $0
2015 $1,261 $36,400 $0 $0
2014 $1,242 $36,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tammy Hadder

    Seller's Agent in 2017

    Tammy Hadder

    Long & Foster

    (302) 249-2470

    43 in this area

    59 Total Sales

    Tammy Hadder
    Section Image
  • Anna Meiklejohn

    Seller Co-Listing Agent in 2017

    Anna Meiklejohn

    Long & Foster

    (302) 420-8597

    53 in this area

    79 Total Sales

    Anna Meiklejohn
    Section Image
  • Ashley Brosnahan

    Buyer's Agent in 2017

    Ashley Brosnahan

    Long & Foster

    (302) 841-4200

    33 in this area

    397 Total Sales

    Ashley Brosnahan
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001032558

Bright MLS

APN: 134-17.00-56.02-501N

Delaware Sussex County Bethany Beach 19930

501 Chesapeake House Rd Unit 501, Bethany Beach, DE

This home is located at 501 Chesapeake House Rd Unit 501, Bethany Beach, DE 19930 since 17 August 2017 and is currently estimated at $1,473,872, approximately $982 per square foot. This property was built in 1974. 501 Chesapeake House Rd Unit 501 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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