$1,195,000
SOLD AUG 22, 2024

611 Farragut House Rd Unit 611 Bethany Beach, DE 19930

3 Beds
2 Baths
1,060 Sq Ft
$1,008/mo HOA Fee

Recently Sold

$1,127 Per Sq Ft

20% Below List Price

142 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Ocean View
  • Beach
  • Lord Baltimore Elementary School Rated A-
  • Primary bedroom faces the ocean
  • Access to Tidal Water

About This Home

As of August 2024

Ready for your immediate enjoyment.

Discover Coastal Elegance at Its Finest!
Step into a world where the ocean meets luxury—this updated oceanfront condo is now on the market, ready to enchant you with its designer furnishings and immediate move-in readiness. Imagine waking up to the serene sounds of the waves and the breathtaking views of the sunrise over the horizon, all from the comfort of your own home.

This isn’t just a living space; it’s a lifestyle upgrade. With top-of-the-line amenities at your fingertips, you’ll indulge in the ultimate coastal experience. Whether it’s a dip in the pool, a workout in the state-of-the-art fitness center, playing tennis or pickleball, or other fun-filled activities, every day feels like a vacation.

Don’t miss this rare opportunity to own a piece of paradise, where every detail is curated for your enjoyment. From the sleek, modern kitchen to the plush, inviting bedrooms, each element has been thoughtfully selected to create an ambiance of sophisticated relaxation.

Act now to secure your slice of heaven, where the sand is your backyard, and luxury is your standard. Call for a private showing and get ready to fall in love with your new coastal retreat!

Last Agent to Sell the Property

Joyce Henderson

Coldwell Banker Realty Listed on: 03/01/2024

Coldwell Banker Realty

Last Buyer's Agent

DAVE LEIDERMAN

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,073

Year Built

  • Built in 1976

Lot Details

  • 50 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Ground Rent
  • Property is in excellent condition

HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Composite Building Materials

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Ocean Views
  • Security Gate

Kitchen

  • Electric Oven or Range
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Private Parking
  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Balcony
  • Exterior Lighting
  • Outdoor Storage

Location

  • Flood Risk

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.04-610

Community Details

Overview

  • $6,000 Capital Contribution Fee
  • Association fees include common area maintenance, cable TV, snow removal, lawn maintenance, management, security gate, trash, exterior building maintenance, insurance, reserve funds
  • Mid-Rise Condominium
  • Built by Carl M. Freeman
  • Sea Colony Farragut Community
  • Sea Colony East Subdivision
  • Property Manager

Amenities

  • Sauna
  • Recreation Room
  • 2 Elevators

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
  • Jogging Path

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • 24-Hour Security
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,073

Year Built

Built in 1976

Lot Details

0

HOA Fees

$1,008 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary, Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator, No Stairs
  • Ownership: Condominium
  • Exclusions: See List in mls
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1976
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Ready for your immediate enjoyment. Discover Coastal Elegance at Its Finest! Step into a world where the ocean meets luxury—this updated oceanfront condo is now on the market, ready to enchant you with its designer furnishings and immediate move-in readiness. Imagine waking up to the serene sounds of the waves and the breathtaking views of the sunrise over the horizon, all from the comfort of your own home. This isn’t just a living space; it’s a lifestyle upgrade. With top-of-the-line amenities at your fingertips, you’ll indulge in the ultimate coastal experience. Whether it’s a dip in the pool, a workout in the state-of-the-art fitness center, playing tennis or pickleball, or other fun-filled activities, every day feels like a vacation. Don’t miss this rare opportunity to own a piece of paradise, where every detail is curated for your enjoyment. From the sleek, modern kitchen to the plush, inviting bedrooms, each element has been thoughtfully selected to create an ambiance of sophisticated relaxation. Act now to secure your slice of heaven, where the sand is your backyard, and luxury is your standard. Call for a private showing and get ready to fall in love with your new coastal retreat!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Water Heater, Washer, Built-In Microwave, Cooktop, Oven/Range - Electric, Stainless Steel Appliances
  • Entry Floor: 6
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Ceiling Fan(s), Carpet, Combination Dining/Living, Family Room Off Kitchen, Flat, Floor Plan - Open, Primary Bedroom - Ocean Front
  • Fireplace: No
  • Door Features: Sliding Glass
  • Elevators Count: 2
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Den
  • Basement: No
  • Total Sq Ft: 1060
  • Living Area Sq Ft: 1060
  • Price Per Sq Ft: 1108.49
  • Above Grade Finished Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 611

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
  • Construction Materials: Composition, Concrete
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights, Secure Storage
  • View: Ocean
  • Water Access Features: Swimming Allowed
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Lighted Parking, Paved Parking, Private
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Security Gate
  • 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: 2298.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Beach, Cable, Elevator, Fitness Center, Hot Tub, Tennis - Indoor, Tennis Courts, Reserved/Assigned Parking, Pool - Outdoor, Recreational Center, Security, Basketball Courts, Gated Community, Jog/Walk Path, Pool - Indoor, Tot Lots/Playground, Sauna
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Cable Tv, Snow Removal, Lawn Maintenance, Management, Security Gate, Trash, Ext Bldg Maint, Insurance, Reserve Funds
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Heated, Indoor, Lap/Exercise

Fee Information

  • Capital Contribution Fee: 6000.00

Schools

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

Lot Info

  • Lot Features: Private
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: AR-1
  • In City Limits: No

Building Info

  • Builder Name: Carl M. Freeman

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 134-17.00-56.04-610
  • County Tax Payment Frequency: Annually
  • Close Date: 08/22/2024

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
Mar 1, 2024
Closed on
Aug 22, 2024
Sold by
Frank William Spector Revocable Trust and Spector Frank William
Bought by
Deborah Gail Spector Revocable Trust and Spector
Seller's Agent
Joyce Henderson
Coldwell Banker Realty
Buyer's Agent
DAVE LEIDERMAN
Keller Williams Realty
List Price
$1,500,000
Sold Price
$1,195,000
Premium/Discount to List
-$305,000
-20.33%
Total Days on Market
142
Views
109
Current Estimated Value
$891,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$304,000
Avg. Annual Appreciation
-31.36%
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 Type Sale Price Title Company
Deed $1,195,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $417,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $1,195,000 +1.7% $1,127 / Sq Ft
07/21/2024 07/21/24 Pending -- -- --
07/10/2024 07/10/24 Price Changed $1,175,000 -8.4% $1,108 / Sq Ft
04/17/2024 04/17/24 Price Changed $1,282,500 +99900.0% $1,210 / Sq Ft
04/17/2024 04/17/24 Price Changed $1,283 -99.9% $1 / Sq Ft
03/24/2024 03/24/24 Price Changed $1,425,000 -5.0% $1,344 / Sq Ft
03/01/2024 03/01/24 For Sale $1,500,000 +167.7% $1,415 / Sq Ft
03/27/2015 03/27/15 Sold $560,250 0.0% --
02/27/2015 02/27/15 Pending -- -- --
12/06/2014 12/06/14 For Sale $560,250 -- --
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 $1,073 $24,450 $0 $24,450
2023 $1,072 $24,450 $0 $24,450
2022 $1,055 $24,450 $0 $24,450
2021 $1,023 $24,450 $0 $24,450
2020 $975 $24,450 $0 $24,450
2019 $972 $24,450 $0 $24,450
2018 $981 $25,950 $0 $0
2017 $989 $25,950 $0 $0
2016 $872 $25,950 $0 $0
2015 $899 $25,950 $0 $0
2014 $885 $25,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2056604

Bright MLS

APN: 134-17.00-56.04-611