$1,175,000

512 Georgetowne House Rd Unit 512 Bethany Beach, DE 19930

Estimated payment $7,731/month

Total Views 20,159
3 Beds
2 Baths
1,175 Sq Ft
$1,000 Price per Sq Ft

Highlights

  • Ocean View
  • Primary bedroom faces the ocean
  • Private Beach
  • Lord Baltimore Elementary School Rated A-
  • Beach
  • Fitness Center

About This Home

What a view! It shows like a new unit & has NO GROUND RENT!!!!.The property is an ocean front end unit with wrap around deck. This is a fantastic opportunity to own as a rental, full time residence or your 2nd home.

The Seller has many upgrades since 2021: removed the popcorn ceiling & painted throughout, replace both toilets, the kitchen countertops were replaced and includes a beautiful back splash, wainscoting in the kitchen & front entry, new faucet & kitchen sink, renovated the bathrooms adding walk-in in shower with bench & glass door. In 2022: replaced the guest bath & added glass door, vanity top and added new lights. In 2023: replaced carpet in 3 bedrooms, replaced bedroom window treatments with darkening shade, replaced ALL door handles and lock and dining room chandelier, replaced all outlet covers. The appliances have been recently replaced.
Exclusions: two king size sleep number beds (master and back guest room) and blue and white recliner in living room

Listing Agent

Ann Raskauskas

BETHANY AREA REALTY LLC License #RB-0020092

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,197

Year Built

  • Built in 1978 | Remodeled in 2021

Lot Details

  • Private Beach
  • Property is in excellent condition

HOA Fees

  • $1,117 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

  • Ocean
  • Panoramic
  • Scenic Vista
  • Garden

Home Design

  • Coastal Architecture

Interior Spaces

  • 1,175 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Partially Furnished
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Sport Court
  • Balcony
  • Water Fountains
  • Playground
  • Wrap Around Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.05-512

Community Details

Overview

  • $6,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, health club, high speed internet, management, pool(s), recreation facility, sauna, security gate, snow removal, trash, water, insurance, road maintenance
  • Troon Management HOA
  • High-Rise Condominium
  • Sea Colony Georgetown Community
  • Sea Colony East Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Sauna
  • Clubhouse
  • Community Center
  • Meeting Room
  • Recreation Room
  • Elevator
  • Convenience Store

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Community Spa
  • Jogging Path
  • Bike Trail

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,197

Year Built

Built in 1978 | Remodeled in 2021

Lot Details

0

HOA Fees

$1,117 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: No Stairs
  • Ownership: Fee Simple
  • Exclusions: Items on Exclusion list
  • Inclusions: To be sold furnished with exceptions
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1978
  • Year Renovated: 2021
  • Remarks Public: What a view! It shows like a new unit & has NO GROUND RENT!!!!.The property is an ocean front end unit with wrap around deck. This is a fantastic opportunity to own as a rental, full time residence or your 2nd home. The Seller has many upgrades since 2021: removed the popcorn ceiling & painted throughout, replace both toilets, the kitchen countertops were replaced and includes a beautiful back splash, wainscoting in the kitchen & front entry, new faucet & kitchen sink, renovated the bathrooms adding walk-in in shower with bench & glass door. In 2022: replaced the guest bath & added glass door, vanity top and added new lights. In 2023: replaced carpet in 3 bedrooms, replaced bedroom window treatments with darkening shade, replaced ALL door handles and lock and dining room chandelier, replaced all outlet covers. The appliances have been recently replaced. Exclusions: two king size sleep number beds (master and back guest room) and blue and white recliner in living room
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 5
  • Interior Amenities: Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Primary Bedroom - Ocean Front, Upgraded Countertops, Window Treatments
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1175
  • Living Area Sq Ft: 1175
  • Price Per Sq Ft: 1000.00
  • Above Grade Finished Sq Ft: 1175
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 512

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
  • Exterior Features: Play Area, Private Beach, Sidewalks, Sport Court, Street Lights, Tennis Court(s), Water Fountains
  • View: Garden/Lawn, Ocean, Panoramic, Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 3352.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Bike Trail, Cable, Club House, Common Grounds, Community Center, Convenience Store, Elevator, Exercise Room, Fitness Center, Jog/Walk Path, Hot Tub, Meeting Room, Picnic Area, Pool - Indoor, Pool - Outdoor, Recreational Center, Sauna, Swimming Pool, Tennis - Indoor, Tennis Courts, Tot Lots/Playground, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Health Club, High Speed Internet, Management, Pool(s), Recreation Facility, Sauna, Security Gate, Snow Removal, Trash, Water, Insurance, Road Maintenance
  • HOA Name: TROON MANAGEMENT
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, Heated, Lap/Exercise

Fee Information

  • Capital Contribution Fee: 6000.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • 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: SELBYVILLE

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 3.01
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 131116.00
  • Outdoor Living Structures: Balcony, Wrap Around
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1068.00
  • Tax Annual Amount: 1197.00
  • Assessor Parcel Number: 134-17.00-56.05-512
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: INDIAN RIVER

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,209 $27,450 $0 $27,450
2023 $1,208 $27,450 $0 $27,450
2022 $1,176 $27,450 $0 $27,450
2021 $1,141 $27,450 $0 $27,450
2020 $1,089 $27,450 $0 $27,450
2019 $1,084 $27,450 $0 $27,450
2018 $1,095 $28,950 $0 $0
2017 $1,104 $28,950 $0 $0
2016 $973 $28,950 $0 $0
2015 $1,003 $28,950 $0 $0
2014 $987 $28,950 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Price Changed $1,175,000 -2.1% $1,000 / Sq Ft
01/23/2025 01/23/25 For Sale $1,200,000 +83.2% $1,021 / Sq Ft
10/09/2020 10/09/20 Sold $655,000 -1.4% $557 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $664,000 -2.2% $565 / Sq Ft
05/29/2020 05/29/20 For Sale $679,000 -- $578 / Sq Ft
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Deed $25,000 Scott And Shuman Pa
Deed $655,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $382,000 New Conventional
Source: Public Records

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Source: Bright MLS

MLS Number: DESU2077424

Bright MLS

APN: 134-17.00-56.05-512