NOT LISTED FOR SALE

503 S Edgewater House Rd Unit 503S Bethany Beach, DE 19930

2 Beds
2 Baths
2,530 Sq Ft
$819/mo HOA Fee

Last Sold September 15, 2021

Last sale price $870,000 $344 Per Sq Ft

Highlights

  • Beach
  • Fitness Center
  • Community Basketball Court
  • Lord Baltimore Elementary School Rated A-
  • Community Indoor Pool
  • Community Center

About This Home

As of September 2021

WOW! Spectacular and today an opportunity to own in the premiere Edgewater building at Sea Colony. This amazingly renovated condo, the seller took pride in 2015 with investing in a major remodeling of over 60k into the kitchen, bathroom, walls , and flooring, and new furniture of 20k (furniture included with condo) a must see 2 bdrms and 2 bath oceanfront. The current owners prepaid for West Side Windows to be replace, showing the care and love of Sea Colony which offers a 1/2 mile private beach, 12 heated swimming pools inclusive of two indoor year round pools, 34 tennis courts - with 6 indoor - offering a full and nationally recognized staff of instructors and a multitude of programs for all ages, a world class fitness center that was renovation offering classes and instruction year round, a tram service in season, 24/7/365 security, walking and jogging paths, lakes, and so much more. Live Better close to Bethany - Live Sea Colony! The Beach Life never looked so good!

Last Agent to Sell the Property

Stephen Morgan

(443) 226-5297 smorgan@kw.com Keller Williams Realty License #RS-0020476 Listed on: 07/09/2021

Keller Williams Realty

Last Buyer's Agent

Vince DiPietro

(302) 667-0402 vincedipietro@northroprealty.com Northrop Realty License #RS-0026203

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 1974 | Remodeled in 2018

Lot Details

  • Ground Rent

HOA Fees

Home Design

  • Entry on the 5th floor
  • Masonry

Interior Spaces

  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Schools

  • Lord Baltimore Elementary School
  • Selbeyville Middle School
  • Indian River High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.03-503S

Community Details

Overview

  • $4,000 Capital Contribution Fee
  • Association fees include bus service, common area maintenance, health club
  • Legnum And Norman HOA
  • High-Rise Condominium
  • Sea Colony Edgewater Community
  • Sea Colony East Subdivision

Amenities

  • Common Area
  • Community Center
  • Recreation Room

Recreation

  • Beach
  • Community Basketball Court
  • Fitness Center
  • Community Indoor Pool
  • Community Pool or Spa Combo
  • Heated Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,082

Year Built

Built in 1974 | Remodeled in 2018

Lot Details

0

HOA Fees

$819 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-07-10
  • Federal Flood Zone: No
  • Year Built: 1974
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: WOW! Spectacular and today an opportunity to own in the premiere Edgewater building at Sea Colony. This amazingly renovated condo, the seller took pride in 2015 with investing in a major remodeling of over 60k into the kitchen, bathroom, walls , and flooring, and new furniture of 20k (furniture included with condo) a must see 2 bdrms and 2 bath oceanfront. The current owners prepaid for West Side Windows to be replace, showing the care and love of Sea Colony which offers a 1/2 mile private beach, 12 heated swimming pools inclusive of two indoor year round pools, 34 tennis courts - with 6 indoor - offering a full and nationally recognized staff of instructors and a multitude of programs for all ages, a world class fitness center that was renovation offering classes and instruction year round, a tram service in season, 24/7/365 security, walking and jogging paths, lakes, and so much more. Live Better close to Bethany - Live Sea Colony! The Beach Life never looked so good!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 5
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 2530
  • Living Area Sq Ft: 2530
  • Price Per Sq Ft: 702.77
  • Above Grade Finished Sq Ft: 1265
  • Below Grade Finished Sq Ft: 1265
  • Total Below Grade Sq Ft: 1265
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 637.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1821.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Community Center, Common Grounds, Exercise Room, Fitness Center, Pool - Outdoor, Pool - Indoor, Recreational Center, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Bus Service, Common Area Maintenance, Health Club
  • HOA Name: LEGNUM AND NORMAN
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Above Ground, Heated, Indoor, Pool/Spa Combo

Fee Information

  • Capital Contribution Fee: 4000.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBEYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBEYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 27450.00
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: Yes
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5115876
  • School Tax: 960.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1082.00
  • Assessor Parcel Number: 134-17.00-56.03-503S
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/15/2021

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: INDIAN RIVER

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $870,000 -2.1% $344 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $889,000 -- $351 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2001400

Bright MLS