NOT LISTED FOR SALE

506 Edgewater House Rd Unit 506S Bethany Beach, DE 19930

Estimated Value: $960,000 - $1,538,000

3 Beds
2 Baths
-- Sq Ft
$789/mo HOA Fee

Last Sold December 18, 2014

Last sale price $899,900

Est. 48% increase in value since last sale

Current estimated payment $8,362/month

265 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Furnished
  • Lord Baltimore Elementary School Rated A-
  • Contemporary Architecture
  • Elevator

About This Home

As of December 2014

One of Sea Colony's largest oceanfront floorplans in the most sought after bldg. End location w/wrap-a-round glass & oceanfront balcony. Fully furn. w/unique fold-a-way sofa beds in the 3rd bdrm. Indr. pool in the building. Only true oceanfront 3 Bdrm. available.

Last Agent to Sell the Property

William Hand

Long & Foster Real Estate, Inc. License #RA-0020486 Listed on: 02/14/2014

Long & Foster Real Estate, Inc.

Last Buyer's Agent

JENNIFER SMITH

Keller Williams Realty License #RS-0024095

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,453

Year Built

  • Built in 1974

Lot Details

  • Waterfront
  • Ground Rent of $2,000 per year expires in 59 years

HOA Fees

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Family Room
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

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

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near an ocean

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.03-506S

Community Details

Overview

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

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,453

Year Built

Built in 1974

Lot Details

0

HOA Fees

$789 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: One of Sea Colony's largest oceanfront floorplans in the most sought after bldg. End location w/wrap-a-round glass & oceanfront balcony. Fully furn. w/unique fold-a-way sofa beds in the 3rd bdrm. Indr. pool in the building. Only true oceanfront 3 Bdrm. available.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven - Self Cleaning, Washer, Water Heater
  • Entry Floor: 5
  • Flooring Type: Carpet, Tile/Brick
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 506

Beds/Baths

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

Exterior Features

  • Construction Materials: Masonry, Stone
  • 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: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No

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: 270.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2272.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 7204.00
  • HOA: Yes

Schools

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

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: 59
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5115882
  • Assessor Parcel Number: 134-17.00-56.03-506S
  • County Tax Payment Frequency: Annually
  • Close Date: 12/18/2014

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

Closed on
Jul 29, 2019
Sold by
Meyers William V and Meyers Karen A
Bought by
Faughan Thomas J and Faughan Patreicia A
Total Days on Market
265
Current Estimated Value
$1,327,516
Source: Public Records

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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
Faughan Thomas J $925,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2014 12/18/14 Sold $899,900 0.0% --
11/06/2014 11/06/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $899,900 -- --
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 $1,453 $32,950 $0 $32,950
2023 $1,452 $32,950 $0 $32,950
2022 $1,428 $32,950 $0 $32,950
2021 $1,386 $32,950 $0 $32,950
2020 $1,322 $32,950 $0 $32,950
2019 $1,316 $32,950 $0 $32,950
2018 $1,329 $35,150 $0 $0
2017 $1,340 $35,150 $0 $0
2016 $1,181 $35,150 $0 $0
2015 $1,217 $35,150 $0 $0
2014 $1,199 $35,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Hand

    Seller's Agent in 2014

    William Hand

    Long & Foster

    (443) 880-1980

    42 in this area

    50 Total Sales

    William Hand
    Section Image

  • J

    Buyer's Agent in 2014

    JENNIFER SMITH

    Keller Williams Realty

    (302) 245-7581

    86 in this area

    120 Total Sales

    JENNIFER SMITH
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000979866

Bright MLS

APN: 134-17.00-56.03-506N

Delaware Sussex County Bethany Beach 19930

506 Edgewater House Rd Unit 506S, Bethany Beach, DE

This home is located at 506 Edgewater House Rd Unit 506S, Bethany Beach, DE 19930 since 14 February 2014 and is currently estimated at $1,327,516. This property was built in 1974. 506 Edgewater House Rd Unit 506S 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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