NOT LISTED FOR SALE

508N Annapolis House Rd Unit 508N Bethany Beach, DE 19930

1 Bed
1.5 Baths
725 Sq Ft
$803/mo HOA Fee

Last Sold November 20, 2023

Last sale price $600,000 $828 Per Sq Ft

115 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • Beach
  • Sandy Beach
  • Lord Baltimore Elementary School Rated A-
  • Access to Tidal Water
  • Fitness Center

About This Home

As of November 2023

A beautiful, fully upgraded oceanfront 1 bedroom, 1 and 1/2 bath is now being offered in the prestigious Sea Colony East community. Complete custom renovation, including new stud framing, electrical wiring and panel, ceiling fans, lighting , H/W heater, plumbing and removal of popcorn ceiling took place in 2020/2021. Boasting open kitchen with white coastal cabinetry and Granite countertops, new stainless appliances, white subway backsplash and Italian Porcelain tile accents living, dining, kitchen and primary bedroom which also shows off a custom coiffured ceiling. Ceramic tiled bathrooms and new shower charm the full bathroom. Custom elegant blackout curtains grace the living room and King primary bedroom. Fabulous Queen murphy bed contributes to additional guest sleeping. Dedicated covered reserved parking spot provides easy access to both the Annapolis house elevator and unit #508. Being offered fully furnished with high quality furnishings and decor. This sought after Northern exposure offers amazing views of morning sunrises and up the coastline into the town of Bethany Beach which is also a quick walk away. Currently a rental with Vacasa and over $26,000 in gross rental return. Sea Colony is an amenity rich community and offers a private, guarded beach, 5 outdoor pools, tennis and basketball courts on the East, then hop on the beach shuttle to SC West and use the State-of-the-art Fitness Center with indoor lap pool, indoor basketball courts, exercise classes, a nationally recognized Tennis Center with indoor/outdoor courts and 5 outdoor heated pools! This beauty at the beach now awaits you as the perfect vacation or investment home.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 07/12/2023

Long & Foster Real Estate, Inc.

Co-Listed By

GAIL PHELAN

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Susan Wisely

Compass License #0225057050

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $803

Year Built

  • Built in 1972

Lot Details

  • 1,000 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Land Lease expires in 48 years
  • Ground Rent expires in 48 years
  • Property is in excellent condition

HOA Fees

Home Design

  • Coastal Architecture
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 725 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Tile or Brick
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom

Laundry

  • Electric Front Loading Dryer
  • Washer

Home Security

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Private Parking
  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • Parking Space Conveys
  • Secure Parking

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Outdoor Features

  • Access to Tidal Water
  • Private Water Access
  • Property is near an ocean
  • Lake Privileges
  • Balcony
  • Outdoor Storage
  • Outbuilding

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.01-508N

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), road maintenance, sauna, snow removal, trash
  • High-Rise Condominium
  • Built by Carl M. Freeman
  • Sea Colony Annapolis Community
  • Sea Colony East Subdivision

Amenities

  • Sauna
  • Community Center

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$803

Year Built

Built in 1972

Lot Details

0

HOA Fees

$803 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator, No Stairs
  • Ownership: Land Lease
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Oven - Self Cleaning, Oven/Range - Electric, Stainless Steel Appliances, Washer, Water Heater, Refrigerator
  • Entry Floor: 5
  • Flooring Type: Tile/Brick, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Flat, Floor Plan - Open, Kitchen - Galley, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Window Treatments
  • Window Features: Insulated, Screens
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 725
  • Living Area Sq Ft: 725
  • Price Per Sq Ft: 853.79
  • Above Grade Finished Sq Ft: 725
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 508N

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Exterior Features: Outbuilding(s), Secure Storage, Street Lights, Tennis Court(s)
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 1000

Garage/Parking

  • Garage: No
  • Parking Features: Lighted Parking, Parking Space Conveys, Paved Parking, Private, Secure Parking
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 3

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, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 725.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1682.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Community Center, Elevator, Exercise Room, Fitness Center, Hot Tub, Pool - Indoor, Pool - Outdoor, Sauna, Security, Swimming Pool, Tennis - Indoor, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Road Maintenance, Sauna, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Lap/Exercise, Heated, In Ground, Indoor

Schools

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

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 48
  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: AR-1
  • In City Limits: No

Building Info

  • Builder Name: Carl M. Freeman

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 48
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 26000.00
  • Vacation Rental: Yes

Tax Info

  • School Tax: 715.00
  • Tax Annual Amount: 803.00
  • Assessor Parcel Number: 134-17.00-56.01-508N
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/20/2023

Multi Family

  • Income Expense List: Annual Ground Rent
  • Waterfront Features: Sandy Beach

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
11/20/2023 11/20/23 Sold $600,000 -3.1% $828 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
08/21/2023 08/21/23 Price Changed $619,000 -3.1% $854 / Sq Ft
07/12/2023 07/12/23 For Sale $639,000 -- $881 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Leslie Kopp

    Seller's Agent in 2023

    Leslie Kopp

    Long & Foster

    (302) 542-3917

    411 in this area

    779 Total Sales

    Leslie Kopp
    Section Image

  • G

    Seller Co-Listing Agent in 2023

    GAIL PHELAN

    Long & Foster

    (302) 233-4909

    92 in this area

    144 Total Sales

    GAIL PHELAN
    Section Image
  • Susan Wisely

    Buyer's Agent in 2023

    Susan Wisely

    Compass

    (703) 927-3126

    3 in this area

    85 Total Sales

    Susan Wisely
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2043836

Bright MLS

Delaware Sussex County Bethany Beach 19930

508N Annapolis House Rd Unit 508N, Bethany Beach, DE

This home is located at 508N Annapolis House Rd Unit 508N, Bethany Beach, DE 19930 since 12 July 2023. This property was built in 1972. 508N Annapolis House Rd Unit 508N 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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