NOT LISTED FOR SALE

602 Chesapeake House Rd Bethany Beach, DE 19930

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

1 Bed
1.5 Baths
725 Sq Ft
$660/mo HOA Fee

Last Sold October 20, 2017

Last sale price $368,900 $509 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,933/month

40 Days on Market

Highlights

  • Ocean View
  • Beach
  • Fitness Center
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Gated Community

About This Home

As of October 2017

Truly a one of a kind Sea Colony one bedroom home with amazing ocean views and wide open balcony. Completely renovated with the best of everything! Some of this homes remarkable features are an unique open kitchen layout with extended, custom, maple cabinets with under mount lighting, SS appliances, granite countertops, custom tile floors and designer furnishings. Generates over $27K per year.

Last Agent to Sell the Property

Tammy Hadder

Long & Foster Real Estate, Inc. License #RA-0020481 Listed on: 08/17/2017

Long & Foster Real Estate, Inc.

Co-Listed By

Anna Meiklejohn

Long & Foster Real Estate, Inc. License #RS-0024096

Last Buyer's Agent

Allison Bateman

Jack Lingo - Rehoboth License #RA-0001921

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $825

Year Built

  • Built in 1974

Lot Details

  • Ground Rent of $1,995 per year expires in 56 years

HOA Fees

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
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Ocean Views
  • Security Gate
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Bedroom

Parking

  • 1 Parking Space Included
  • Assigned Parking

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • Association fees include lawn maintenance
  • Mid-Rise Condominium
  • Sea Colony Chesapeake Community
  • Sea Colony East Subdivision

Amenities

  • Sauna
  • Elevator
  • Community Storage Space

Recreation

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

Security

  • Security Guard
  • 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

$660 per month

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
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1974
  • Remarks Public: Truly a one of a kind Sea Colony one bedroom home with amazing ocean views and wide open balcony. Completely renovated with the best of everything! Some of this homes remarkable features are an unique open kitchen layout with extended, custom, maple cabinets with under mount lighting, SS appliances, granite countertops, custom tile floors and designer furnishings. Generates over $27K per year.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 6
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Fireplace: No
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 725
  • Living Area Sq Ft: 725
  • Net Sq Ft: 725.00
  • Price Per Sq Ft: 517.24
  • Above Grade Finished Sq Ft: 725
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 602

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Composition
  • Construction Completed: Yes
  • Exterior Features: Sidewalks
  • Roof: Metal
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Assigned
  • Number Of Parking Spaces Included: 1-Car Parking

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Fire Detection System, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 285.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2424.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 5500.00
  • 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
  • HOA: Yes
  • Association Recreation Fee: Yes
  • Community Pool Features: Indoor

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Size Units: Acres
  • Outdoor Living Structures: Balcony
  • Zoning Description: RESIDENTIAL PLANNED COMM.

Building Info

  • Building Features: Elevator, Guard System

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 1995.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 56
  • Total Actual Rent: 27500.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 134-17.00-56.02-602N
  • County Tax Payment Frequency: Annually
  • Close Date: 10/20/2017

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

Closed on
Sep 12, 2023
Sold by
Smith Jeffrey G and Smith Lynn Lucke
Bought by
Frohlich Caroline Jochems
Total Days on Market
40
Current Estimated Value
$603,842

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
10/20/2017 10/20/17 Sold $368,900 +98273.3% $509 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $375 -- $1 / 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

  • Tammy Hadder

    Seller's Agent in 2017

    Tammy Hadder

    Long & Foster

    (302) 249-2470

    51 in this area

    69 Total Sales

    Tammy Hadder
    Section Image
  • Anna Meiklejohn

    Seller Co-Listing Agent in 2017

    Anna Meiklejohn

    Long & Foster

    (302) 420-8597

    61 in this area

    89 Total Sales

    Anna Meiklejohn
    Section Image
  • Allison Bateman

    Buyer's Agent in 2017

    Allison Bateman

    Jack Lingo - Rehoboth

    (302) 226-6616

    2 in this area

    18 Total Sales

    Allison Bateman
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001032472

Bright MLS

APN: 134-17.00-56.02-602N

Delaware Sussex County Bethany Beach 19930

602 Chesapeake House Rd, Bethany Beach, DE

This home is located at 602 Chesapeake House Rd, Bethany Beach, DE 19930 since 17 August 2017 and is currently estimated at $603,842, approximately $832 per square foot. This property was built in 1974. 602 Chesapeake House Rd 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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