NOT LISTED FOR SALE

602 Chesapeake House Rd Unit 602N Bethany Beach, DE 19930

Estimated Value: $488,368 - $681,000

1 Bed
1.5 Baths
725 Sq Ft
$844/mo HOA Fee

Last Sold September 12, 2023

Last sale price $592,000 $817 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,117/month

2 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • Ocean View
  • Private Beach
  • Lord Baltimore Elementary School Rated A-
  • Beach
  • Private Water Access

About This Home

As of September 2023

Spectacular Ocean front living. No common patio walls to obstruct the views of the beach, ocean & downtown Bethany. No buildings between you and the ocean, just grass. Great fireworks viewing! Enjoy the breezes. Move in ready.
Sellers have continually upgraded this property. Including new windows and window treatments, new balcony railings, resurfaced deck, new furniture inside & out, new French door refrigerator, new carpet, new queen sofa bed. IN the apartment is a full size washer and dryer, placed in a cleverly designed custom bar area cabinet. Kitchen has maple cabinets, granite countertops and stainless steel appliances. This property has only been used by the owners. It is not a rental.

This building has grills and the only electric car chargers in the complex, located in front of the building. 1 assigned, covered parking space is right behind the elevators. Additional "1st come, 1st serve" parking spaces available. Private beach locker. Condo covers checking and changing the HVAC filters and Pest control.
Unparalleled Recreational Facilities. Look at Sea Colony website to see all that is included!
Bring your clothes and immediately start living the beach life!!

Last Agent to Sell the Property

Allison Bateman

Jack Lingo - Rehoboth License #RA-0001921 Listed on: 08/05/2023

Jack Lingo - Rehoboth

Last Buyer's Agent

DOUGLAS THOMPSON

TANSEY WARNER License #RA-0020825

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $825

Year Built

  • Built in 1974

Lot Details

  • 1,000 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • Backs To Open Common Area
  • Year Round Access
  • Landscaped
  • Extensive Hardscape
  • Sprinkler System
  • Land Lease expires in 48 years
  • Ground Rent
  • Property is in very good condition

HOA Fees

Parking

  • 1 Assigned Parking Garage Space
  • Assigned parking located at #602 C
  • Side Facing Garage
  • Parking Lot

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 725 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer
  • Laundry Chute

Home Security

  • Security Gate
  • Flood Lights

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Private Water Access
  • Property is near an ocean
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.02-602N

Community Details

Overview

  • $4,000 Capital Contribution Fee
  • Association fees include lawn maintenance, common area maintenance, exterior building maintenance, high speed internet, insurance, management, pest control, road maintenance
  • $167 Other Monthly Fees
  • Building Winterized
  • Mid-Rise Condominium
  • Vacasa Condos
  • Sea Colony Chesapeake Community
  • Sea Colony East Subdivision

Amenities

  • Sauna
  • Community Storage Space

Recreation

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

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$825

Year Built

Built in 1974

Lot Details

0

HOA Fees

$844 per month

Parking

1

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
  • Accessibility Features: Elevator, No Stairs
  • Ownership: Land Lease
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-07
  • Federal Flood Zone: No
  • Year Built: 1974
  • Assigned Parking Space Numbers: 602 C
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Spectacular Ocean front living. No common patio walls to obstruct the views of the beach, ocean & downtown Bethany. No buildings between you and the ocean, just grass. Great fireworks viewing! Enjoy the breezes. Move in ready. Sellers have continually upgraded this property. Including new windows and window treatments, new balcony railings, resurfaced deck, new furniture inside & out, new French door refrigerator, new carpet, new queen sofa bed. IN the apartment is a full size washer and dryer, placed in a cleverly designed custom bar area cabinet. Kitchen has maple cabinets, granite countertops and stainless steel appliances. This property has only been used by the owners. It is not a rental. This building has grills and the only electric car chargers in the complex, located in front of the building. 1 assigned, covered parking space is right behind the elevators. Additional "1st come, 1st serve" parking spaces available. Private beach locker. Condo covers checking and changing the HVAC filters and Pest control. Unparalleled Recreational Facilities. Look at Sea Colony website to see all that is included! Bring your clothes and immediately start living the beach life!!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Electric, Energy Star Refrigerator, Icemaker, Oven/Range - Electric, Range Hood, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 6
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Entry Level Bedroom, Flat, Floor Plan - Open, Laundry Chute, Recessed Lighting, Bathroom - Tub Shower, Upgraded Countertops, Window Treatments, Wine Storage
  • Window Features: Energy Efficient, Screens, Sliding
  • Fireplace: No
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 725
  • Living Area Sq Ft: 725
  • Price Per Sq Ft: 855.17
  • Above Grade Finished Sq Ft: 725
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 602

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: Masonry, Composition
  • Exterior Features: Sidewalks, Bbq Grill, Exterior Lighting, Extensive Hardscape, Flood Lights, Lawn Sprinkler, Play Area, Private Beach, Secure Storage, Street Lights, Tennis Court(s)
  • Roof: Metal
  • View: Ocean
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 1000

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Covered Parking, Garage - Side Entry
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 1
  • Parking Lot Number Of Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Monthly Average Electric: 50
  • Previous Twelve Months Electric Expense: 600.00
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Fire Detection System, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Private
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 725.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1806.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Vacasa
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Elevator, Extra Storage, Fitness Center, Gated Community, Jog/Walk Path, Reserved/Assigned Parking, Tot Lots/Playground, Swimming Pool, Pool - Outdoor, Sauna, Security, Tennis - Indoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Insurance, Management, Pest Control, Road Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Indoor, In Ground

Fee Information

  • Other Fees: 2000.00
  • Other Fees Frequency: Annually
  • Capital Contribution Fee: 4000.00

Schools

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

Lot Info

  • Horses: No
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 48
  • Land Use Code: 999
  • Lot Features: Year Round Access, Landscaping, Backs - Open Common Area
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 134-17.00-56.02-602N
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/12/2023

Multi Family

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

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2023
Closed on
Sep 12, 2023
Sold by
Smith Jeffrey G and Smith Lynn Lucke
Bought by
Frohlich Caroline Jochems
Seller's Agent
Allison Bateman
Jack Lingo - Rehoboth
Buyer's Agent
DOUGLAS THOMPSON
TANSEY WARNER
List Price
$620,000
Sold Price
$592,000
Premium/Discount to List
-$28,000
-4.52%
Total Days on Market
2
Views
78
Current Estimated Value
$603,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,842
Avg. Annual Appreciation
1.16%

Purchase Details

Closed on
Jan 11, 1995
Bought by
Hoover Joseph S and Ryan Marie E
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
Frohlich Caroline Jochems $592,000 None Listed On Document
Hoover Joseph S -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $592,000 -4.5% $817 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $620,000 -- $855 / 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
2024 $825 $18,450 $0 $18,450
2023 $824 $18,450 $0 $18,450
2022 $811 $18,450 $0 $18,450
2021 $786 $18,450 $0 $18,450
2020 $750 $18,450 $0 $18,450
2019 $747 $18,450 $0 $18,450
2018 $754 $19,950 $0 $0
2017 $761 $19,950 $0 $0
2016 $670 $19,950 $0 $0
2015 $691 $19,950 $0 $0
2014 $680 $19,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2045680

Bright MLS

APN: 134-17.00-56.02-602N