NOT LISTED FOR SALE

507 Georgetowne House Rd Unit 507 Bethany Beach, DE 19930

Estimated Value: $1,007,974 - $1,131,000

3 Beds
2 Baths
1,060 Sq Ft
$667/mo HOA Fee

Last Sold April 20, 2020

Last sale price $675,000 $637 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,558/month

Highlights

  • Primary bedroom faces the ocean
  • Beach
  • Access to Tidal Water
  • Lord Baltimore Elementary School Rated A-
  • Home fronts navigable water
  • Fitness Center

About This Home

As of April 2020

Extraordinary Oceanfront opportunity! Relax on the spacious balcony while gazing at the pristine sand and dazzling Atlantic Ocean of the Sea Colony s half mile private beach. Perfectly positioned on the direct point section of the building, this three bedroom two bath home is flooded with natural light and is in immaculate condition. The kitchen has been modified and opens to the living and dining area. Additional kitchen upgrades include granite countertops, updated cabinetry and appliances, tile flooring, recessed lighting and decorative tile backsplash. There s plenty of comfortable seating for everyone in both the living room and dining area with custom crown molding and wide baseboard trim. Additional features in the home include new HVAC and hot water heaterin 2019, all new interior paneled style doors, wood floors which flow through the living room, dining room and master bedroom and ceiling fans. Both the master bath and guest bath are updated with decorative ceramic tile shower and tub, updated vanities and tile flooring. Don t Miss This Treasure By The Sea

Last Agent to Sell the Property

Tammy Hadder

(302) 249-2470 tammy@tammyandannasell.com Long & Foster Real Estate, Inc. License #RA-0020481 Listed on: 10/09/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Anna Meiklejohn

(302) 420-8597 annam@seasideseven.com Long & Foster Real Estate, Inc. License #RS-0024096

Last Buyer's Agent

JENNIFER SMITH

(302) 245-7581 jennysellsthebeach@gmail.com Keller Williams Realty License #RS-0024095

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,196

Year Built

  • Built in 1978

Lot Details

  • Home fronts navigable water
  • Sprinkler System
  • Ground Rent expires in 58 years

HOA Fees

  • $667 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor
  • Metal Roof
  • Composite Building Materials

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Window Screens
  • Dining Area
  • Security Gate

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Electric Dryer
  • Washer

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near an ocean

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Private Water Source
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.05-507

Community Details

Overview

  • $2,476 Recreation Fee
  • $2,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, high speed internet, insurance, management, trash, water, health club, lawn maintenance, pool(s), recreation facility, reserve funds, sauna, security gate
  • $167 Other Monthly Fees
  • High-Rise Condominium
  • Sea Colony Georgetown Community
  • Sea Colony East Subdivision
  • Property Manager

Amenities

  • Common Area
  • Sauna
  • Recreation Room
  • 2 Elevators
  • Community Storage Space

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,196

Year Built

Built in 1978

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: living room rug and the green bookcase in the den/bedroom.
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1978
  • Remarks Public: Extraordinary Oceanfront opportunity! Relax on the spacious balcony while gazing at the pristine sand and dazzling Atlantic Ocean of the Sea Colony s half mile private beach. Perfectly positioned on the direct point section of the building, this three bedroom two bath home is flooded with natural light and is in immaculate condition. The kitchen has been modified and opens to the living and dining area. Additional kitchen upgrades include granite countertops, updated cabinetry and appliances, tile flooring, recessed lighting and decorative tile backsplash. There s plenty of comfortable seating for everyone in both the living room and dining area with custom crown molding and wide baseboard trim. Additional features in the home include new HVAC and hot water heaterin 2019, all new interior paneled style doors, wood floors which flow through the living room, dining room and master bedroom and ceiling fans. Both the master bath and guest bath are updated with decorative ceramic tile shower and tub, updated vanities and tile flooring. Don t Miss This Treasure By The Sea
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Entry Floor: 7
  • Interior Amenities: Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Galley, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Sprinkler System, Stall Shower, Tub Shower, Window Treatments, Wood Floors
  • Window Features: Screens
  • Fireplace: No
  • Elevators Count: 2
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1060
  • Living Area Sq Ft: 1060
  • Price Per Sq Ft: 646.23
  • Above Grade Finished Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

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
  • Construction Materials: Composition, Concrete
  • Roof: Metal
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Fire Detection System, Security Gate, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Private/Community Water
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 8000.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Common Grounds, Elevator, Exercise Room, Extra Storage, Fitness Center, Gated Community, Hot Tub, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Recreational Center, Reserved/Assigned Parking, Sauna, Security, Tennis - Indoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Insurance, Management, Trash, Water, Health Club, Lawn Maintenance, Pool(s), Recreation Facility, Reserve Funds, Sauna, Security Gate
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 2476.00
  • Association Recreation Fee: Yes

Fee Information

  • Other Fees: 2000.00
  • Other Fees Frequency: Annually
  • Capital Contribution Fee: 2000.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2019
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 58
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5116126
  • School Tax: 1054.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1196.00
  • Assessor Parcel Number: 134-17.00-56.05-507
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 04/20/2020

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
Oct 9, 2019
Closed on
Apr 20, 2020
Sold by
Getka Eric J and Getka Thu P
Bought by
Petty Robert D and Petty Sydney J
Seller's Agent
Tammy Hadder
Long & Foster Real Estate, Inc.
Buyer's Agent
JENNIFER SMITH
Keller Williams Realty
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Current Estimated Value
$1,070,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,994
Avg. Annual Appreciation
8.01%
Source: Public Records

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
Petty Robert D $675,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2020 04/20/20 Sold $675,000 -1.5% $637 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
01/06/2020 01/06/20 Price Changed $685,000 -2.0% $646 / Sq Ft
10/09/2019 10/09/19 For Sale $699,000 -- $659 / 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
2025 $2,282 $31,950 $0 $31,950
2024 $1,383 $31,950 $0 $31,950
2023 $1,382 $31,950 $0 $31,950
2022 $1,359 $31,950 $0 $31,950
2021 $1,319 $31,950 $0 $31,950
2020 $1,258 $31,950 $0 $31,950
2019 $1,253 $31,950 $0 $31,950
2018 $1,265 $33,450 $0 $0
2017 $1,275 $33,450 $0 $0
2016 $1,124 $33,450 $0 $0
2015 $1,158 $33,450 $0 $0
2014 $1,141 $33,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tammy Hadder

    Seller's Agent in 2020

    Tammy Hadder

    Long & Foster

    (302) 249-2470

    40 in this area

    55 Total Sales

    Tammy Hadder
    Section Image
  • Anna Meiklejohn

    Seller Co-Listing Agent in 2020

    Anna Meiklejohn

    Long & Foster

    (302) 420-8597

    49 in this area

    75 Total Sales

    Anna Meiklejohn
    Section Image

  • J

    Buyer's Agent in 2020

    JENNIFER SMITH

    Keller Williams Realty

    (302) 245-7581

    80 in this area

    117 Total Sales

    JENNIFER SMITH
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU149346

Bright MLS

APN: 134-17.00-56.05-507

Delaware Sussex County Bethany Beach 19930

507 Georgetowne House Rd Unit 507, Bethany Beach, DE

This home is located at 507 Georgetowne House Rd Unit 507, Bethany Beach, DE 19930 since 09 October 2019 and is currently estimated at $1,070,994, approximately $1,010 per square foot. This property was built in 1978. 507 Georgetowne House Rd Unit 507 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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