NOT LISTED FOR SALE

506 Edgewater House Unit 506N Rehoboth Beach, DE 19971

3 Beds
2 Baths
1,500 Sq Ft
$805/mo HOA Fee

Last Sold July 29, 2019

Last sale price $925,000 $617 Per Sq Ft

159 Days on Market

Highlights

  • Beach
  • Home fronts navigable water
  • Fitness Center
  • Rehoboth Elementary School Rated A
  • Water Access
  • Lake Privileges

About This Home

As of July 2019

Look no further for the best ocean views and location Sea Colony offers! The only floorplan of this kind currently on the market - uniquely exquisite since just a handful of this style exist. You won't ever want to leave this amazing (never a rental) 3 bdrm beach condo located in the highly desired Edgewater Bldg. with it's own indoor pool and walking distance to the town of Bethany Beach. If it's the best you desire - you will want to check this one out!Paradise awaits YOU....

Last Agent to Sell the Property

JENNIFER SMITH

Keller Williams Realty License #RS-0024095 Listed on: 01/16/2019

Keller Williams Realty

Last Buyer's Agent

Jerry Clark

BETHANY AREA REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,329

Year Built

  • Built in 1974

Lot Details

  • Home fronts navigable water
  • Land Lease of $2,000 per year expires in 54 years
  • Ground Rent

HOA Fees

Home Design

  • Coastal Architecture

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Lake Privileges

Additional Features

  • Accessible Elevator Installed
  • Flood Risk
  • Forced Air Heating and Cooling System

Listing and Financial Details

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

Community Details

Overview

  • Association fees include cable TV, common area maintenance, high speed internet, insurance, lawn maintenance, management, pool(s), recreation facility, sauna, security gate, snow removal, trash, water
  • $167 Other Monthly Fees
  • High-Rise Condominium
  • Sea Colony Edgewater Community
  • Sea Colony East Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Spa

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,329

Year Built

Built in 1974

Lot Details

0

HOA Fees

$805 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat, Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Land Lease
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Remarks Public: Look no further for the best ocean views and location Sea Colony offers! The only floorplan of this kind currently on the market - uniquely exquisite since just a handful of this style exist. You won't ever want to leave this amazing (never a rental) 3 bdrm beach condo located in the highly desired Edgewater Bldg. with it's own indoor pool and walking distance to the town of Bethany Beach. If it's the best you desire - you will want to check this one out!Paradise awaits YOU....
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 633.33
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 506

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2424.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 7240.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Elevator, Fitness Center, Hot Tub, Pool - Indoor, Pool - Outdoor, Security, Tennis - Indoor, Tot Lots/Playground, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, High Speed Internet, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Sauna, Security Gate, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Indoor

Fee Information

  • Other Fees: 2000.00
  • Other Fees Frequency: Annually

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Lease Amount: 2000.00
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 54
  • Lot Size Units: Square Feet
  • Zoning: A
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5115881
  • School Tax: 1173.00
  • Tax Annual Amount: 1329.00
  • Assessor Parcel Number: 134-17.00-56.03-506N
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 07/29/2019

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 Change Sq Ft Price
07/29/2019 07/29/19 Sold $925,000 -2.6% $617 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $950,000 0.0% $633 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $950,000 -- $633 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    JENNIFER SMITH

    Keller Williams Realty

    (302) 245-7581

    2 in this area

    120 Total Sales

    JENNIFER SMITH
    Section Image

  • J

    Buyer's Agent in 2019

    Jerry Clark

    BETHANY AREA REALTY LLC

    (443) 257-0145

    50 Total Sales

    Jerry Clark
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU129434

Bright MLS

Delaware Sussex County Rehoboth Beach 19971

506 Edgewater House Unit 506N, Rehoboth Beach, DE

This home is located at 506 Edgewater House Unit 506N, Rehoboth Beach, DE 19971 since 16 January 2019. This property was built in 1974. 506 Edgewater House Unit 506N is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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