$560,250
SOLD MAR 27, 2015

611 Farragut House Rd Unit 611 Bethany Beach, DE 19930

3 Beds
2 Baths
-- Sq Ft
$711/mo HOA Fee

Recently Sold

83 Days on Market

Highlights

  • Beach
  • Water Access
  • In Ground Pool
  • Lord Baltimore Elementary School Rated A-
  • Fitness Center
  • Contemporary Architecture

About This Home

As of August 2024

This side of the Farragut building has some of the best views of Sea Colony & is close to everything! Sweeping view of the Atlantic; over $30,000 in rental income but not listed as a rental yet for 2015. Tile throughout kitchen/dining/living, upgraded kitchen cabinets.

Last Agent to Sell the Property

Ann Baker/noLng

Long & Foster Real Estate, Inc. License #RA-0020487 Listed on: 12/06/2014

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Joyce Henderson

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,073

HOA Fees

Parking

  • Assigned Parking

Home Design

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

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Insulated Windows
  • Window Treatments
  • Den
  • Electric Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Water Access
  • Property is near an ocean
  • Balcony

Utilities

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

Additional Features

  • Ground Rent of $2,000 per year
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.04-610

Community Details

Overview

  • Mid-Rise Condominium
  • Sea Colony Farragut Community
  • Sea Colony East Subdivision

Amenities

  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Community Spa

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,073

Lot Details

0

HOA Fees

$711 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
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: This side of the Farragut building has some of the best views of Sea Colony & is close to everything! Sweeping view of the Atlantic; over $30,000 in rental income but not listed as a rental yet for 2015. Tile throughout kitchen/dining/living, upgraded kitchen cabinets.
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Freezer, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 6
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Entry Level Bedroom, Window Treatments
  • Window Features: Insulated
  • Fireplace: No
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 1
  • Room List: Den
  • Basement: No
  • Street Number Modifier: 611

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Masonry, Composition
  • Construction Completed: Yes
  • Exterior Features: Tennis Court(s)
  • Pool Features: In Ground
  • Roof: Metal
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 270.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2380.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6160.00
  • HOA Condo Co-Op Amenities: Beach, Cable, Elevator, Fitness Center, Hot Tub, Tennis - Indoor, Tennis Courts, Reserved/Assigned Parking, Swimming Pool, Pool - Outdoor, Recreational Center, Security
  • HOA: Yes
  • Community Pool Features: Indoor

Schools

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

Lot Info

  • Outdoor Living Structures: Balcony

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 2000.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 134-17.00-56.04-610
  • County Tax Payment Frequency: Annually
  • Close Date: 03/27/2015

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

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
83
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: 1000987532

Bright MLS

APN: 134-17.00-56.04-611