NOT LISTED FOR SALE

502 Chesapeake House Rd Unit 502N Bethany Beach, DE 19930

Estimated Value: $444,272 - $708,000

1 Bed
1.5 Baths
-- Sq Ft
$533/mo HOA Fee

Last Sold June 14, 2013

Last sale price $335,000

Est. 89% increase in value since last sale

Current estimated payment $4,058/month

719 Days on Market

Highlights

  • Beach
  • Water Access
  • Contemporary Architecture
  • Lord Baltimore Elementary School Rated A-
  • Deck
  • Community Indoor Pool

About This Home

As of June 2013

Wonderful view, must see. Excellent rentals.

Last Agent to Sell the Property

IRVIN HUDSON

TANSEY WARNER Listed on: 06/01/2011

Last Buyer's Agent

Sarah Schifano

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $804

Year Built

  • Built in 1974

HOA Fees

Parking

  • Assigned Parking

Home Design

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

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Deck

Utilities

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

Additional Features

  • Ground Rent of $2,000 per year expires in 64 years
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.02-502N

Community Details

Overview

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

Amenities

  • Elevator

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$804

Year Built

Built in 1974

Lot Details

0

HOA Fees

$533 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: Wonderful view, must see. Excellent rentals.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 5
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area
  • Fireplace: No
  • Foundation Details: Pillar/Post/Pier
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Street Number Modifier: 502

Beds/Baths

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

Exterior Features

  • Construction Materials: Masonry, Composition
  • Construction Completed: Yes
  • Roof: Metal
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Assigned

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 Source: Public

Condo/Co-op/Association

  • HOA Fees: 2112.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4280.00
  • HOA Condo Co-Op Amenities: Beach, Elevator, Tennis - Indoor, Jog/Walk Path, Tennis Courts, Tot Lots/Playground, Swimming Pool, Pool - Outdoor
  • HOA: Yes
  • Community Pool Features: Indoor

Schools

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

Lot Info

  • Outdoor Living Structures: Deck(s)

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 2000.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 64
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 134-17.00-56.02-502N
  • County Tax Payment Frequency: Annually
  • Close Date: 06/14/2013

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

Listed on
Jun 1, 2011
Closed on
Jul 3, 2013
Sold by
Cmf Sc Owner Llc
Bought by
Hollister Deborah J and Shaner Todd R
Seller's Agent
IRVIN HUDSON
TANSEY WARNER
Buyer's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$634,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,705
Avg. Annual Appreciation
5.46%

Purchase Details

Listed on
Jun 1, 2011
Closed on
Jun 19, 2013
Sold by
Famularo Frank and Famularo Susan
Bought by
Hollister Deborah J and Shaner Todd R
Seller's Agent
IRVIN HUDSON
TANSEY WARNER
Buyer's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
List Price
$335,000
Sold Price
$335,000

Purchase Details

Listed on
Jun 1, 2011
Closed on
Jun 14, 2013
Sold by
Cmf Sc Owner Llc
Bought by
Hollister Deborah J and Shaner Todd R
Seller's Agent
IRVIN HUDSON
TANSEY WARNER
Buyer's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
List Price
$335,000
Sold Price
$335,000
Source: Public Records

Range of Values:

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Average Value
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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
Hollister Deborah J $22,458 --
Hollister Deborah J $335,000 --
Hollister Deborah J $22,458 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2013 06/14/13 Sold $335,000 0.0% --
05/20/2013 05/20/13 Pending -- -- --
06/01/2011 06/01/11 For Sale $335,000 -- --
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 $804 $17,950 $0 $17,950
2023 $803 $17,950 $0 $17,950
2022 $790 $17,950 $0 $17,950
2021 $767 $17,950 $0 $17,950
2020 $732 $17,950 $0 $17,950
2019 $728 $17,950 $0 $17,950
2018 $735 $19,450 $0 $0
2017 $742 $19,450 $0 $0
2016 $653 $19,450 $0 $0
2015 $674 $19,450 $0 $0
2014 $663 $19,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2013

    IRVIN HUDSON

    TANSEY WARNER

  • Sarah Schifano

    Buyer's Agent in 2013

    Sarah Schifano

    Long & Foster

    (302) 858-3945

    48 in this area

    145 Total Sales

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Map

Source: Bright MLS

MLS Number: 1000959818

Bright MLS

APN: 134-17.00-56.02-502N

Delaware Sussex County Bethany Beach 19930

502 Chesapeake House Rd Unit 502N, Bethany Beach, DE

This home is located at 502 Chesapeake House Rd Unit 502N, Bethany Beach, DE 19930 since 01 June 2011 and is currently estimated at $573,818. This property was built in 1974. 502 Chesapeake House Rd Unit 502N 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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