NOT LISTED FOR SALE

503 Island House Rd Unit 503 Bethany Beach, DE 19930

Estimated Value: $485,352 - $1,138,000

3 Beds
2 Baths
1,060 Sq Ft
$588/mo HOA Fee

Last Sold October 03, 2012

Last sale price $530,000 $500 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,695/month

63 Days on Market

Highlights

  • Ocean View
  • Gated Community
  • Community Indoor Pool
  • Lord Baltimore Elementary School Rated A-
  • Waterfront
  • Furnished

About This Home

As of October 2012

This is a one of a kind location in the southern most building at Sea Colony with beautiful views of the Bay to OC and beyond while also providing great privacy. This home is nicely maintained, has a rental history prior to this season, and is rarely offered location within Sea Colony.

Last Agent to Sell the Property

Steve Alexander

Keller Williams Realty License #RA-0020488 Listed on: 08/01/2012

Keller Williams Realty

Last Buyer's Agent

GLORIA MERZ STEELE

VACASA DELAWARE - BETHANY BEACH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 1980

Lot Details

  • Waterfront
  • Landscaped
  • Sprinkler System
  • Ground Rent of $2,000 per year expires in 67 years

HOA Fees

Home Design

  • Metal Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony
  • Outbuilding

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.07-503

Community Details

Overview

  • Mid-Rise Condominium
  • Sea Colony Island House Community
  • Sea Colony East Subdivision

Amenities

  • Community Center
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Indoor Tennis Courts
  • Community Indoor Pool

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,280

Year Built

Built in 1980

Lot Details

0

HOA Fees

$588 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1980
  • Remarks Public: This is a one of a kind location in the southern most building at Sea Colony with beautiful views of the Bay to OC and beyond while also providing great privacy. This home is nicely maintained, has a rental history prior to this season, and is rarely offered location within Sea Colony.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Oven - Self Cleaning, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 5
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Foundation Details: Pilings
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Additional Bedroom
  • 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: 509.34
  • Above Grade Finished Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Stick Built, Composition
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outbuilding(s)
  • 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, Paved Driveway, Under Home Parking
  • Garage Features: Covered Parking

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 Sewer Expenses: 254.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2112.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4940.00
  • HOA Condo Co-Op Amenities: Community Center, Elevator, Extra Storage, Gated Community, Tennis - Indoor, Tennis Courts, Reserved/Assigned Parking, Swimming Pool, Pool - Outdoor, Security
  • HOA: Yes
  • Community Pool Features: Indoor

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Outdoor Living Structures: Balcony

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 2000.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 67
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5116342
  • Assessor Parcel Number: 134-17.00-56.07-503
  • County Tax Payment Frequency: Annually
  • Close Date: 10/03/2012

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: INDIAN RIVER

Similar Homes in Bethany Beach, DE

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

    $950,000

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

    Paradise awaits you in the beautiful beach and tennis resort of Sea Colony East. This remodeled, OCEAN-FRONT , immaculate beauty offers three updated bedrooms and two bathrooms with an updated and enlarged primary bath with double sinks. Fabulous kitchen with granite countertops, ceramic backsplash, white cabinetry, and recently updated (2021) Stainless Steel GE appliances. The easily

    Dennis Mather Long & Foster Real Estate, Inc.

    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 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 state of the

    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
  • 404 Brandywine House, Bethany Beach, DE 19930

    $749,900

    • 2 Beds
    • 2 Baths
    • 1,097 Sq Ft
    • 404 Brandywine House
    • Bethany Beach, DE

    Beautifully spacious open floor plan that does have open views of The Atlantic Ocean! Two enormous bedrooms, two renovated bathrooms, and an updated kitchen provide the perfect backdrop to your time away at the Beach. Priced well under many of the other two bedrooms being sold currently on the East Side...AND IN FEE...no ground rent so saving $2,000 more than many annually in the Eastside phase

    Steve Alexander Keller Williams Realty

    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

Mortgage History

Date Status Borrower Loan Amount
Closed Gimelstob Gerald L $0
Closed Gimelstob Gerald A $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2012 10/03/12 Sold $530,000 0.0% $500 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $530,000 -- $500 / 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 $1,280 $30,150 $0 $30,150
2023 $1,278 $30,150 $0 $30,150
2022 $1,258 $30,150 $0 $30,150
2021 $1,220 $30,150 $0 $30,150
2020 $1,164 $30,150 $0 $30,150
2019 $1,159 $30,150 $0 $30,150
2018 $1,170 $30,950 $0 $0
2017 $1,180 $30,950 $0 $0
2016 $1,040 $30,950 $0 $0
2015 $1,072 $30,950 $0 $0
2014 $1,056 $30,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Alexander

    Seller's Agent in 2012

    Steve Alexander

    Keller Williams Realty

    (443) 497-4902

    11 in this area

    30 Total Sales

    Steve Alexander
    Section Image

  • G

    Buyer's Agent in 2012

    GLORIA MERZ STEELE

    VACASA DELAWARE - BETHANY BEACH

See All Agents

Map

Source: Bright MLS

MLS Number: 1000967730

Bright MLS

APN: 134-17.00-56.07-503

Delaware Sussex County Bethany Beach 19930

503 Island House Rd Unit 503, Bethany Beach, DE

This home is located at 503 Island House Rd Unit 503, Bethany Beach, DE 19930 since 01 August 2012 and is currently estimated at $942,088, approximately $888 per square foot. This property was built in 1980. 503 Island House Rd Unit 503 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