NOT LISTED FOR SALE

702 Edgewater House Bethany Beach, DE 19930

Estimated Value: $547,862 - $1,317,000

2 Beds
2 Baths
1,265 Sq Ft
$719/mo HOA Fee

Last Sold December 05, 2016

Last sale price $585,000 $462 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,999/month

71 Days on Market

Highlights

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

About This Home

As of December 2016

Gorgeous 2Br Oceanfront condo in Sea Colony in premiere Edgewater Bldg. with indoor pool and fitness center. Largest floorplans at Sea Colony. Sought after Master Bdrm overlooking the ocean (this style has not been on the market in months). Established rental history. Perfect floor level and amazing ocean views. Won't last long....

Last Agent to Sell the Property

JENNIFER SMITH

Keller Williams Realty License #RS-0024095 Listed on: 08/24/2016

Keller Williams Realty

Last Buyer's Agent

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,255

Year Built

  • Built in 1974

Lot Details

  • Ground Rent of $2,000 per year

HOA Fees

Parking

  • Assigned Parking

Home Design

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

Interior Spaces

  • 1,265 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Window Treatments
  • Ocean Views
  • Security Gate

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.03-702S

Community Details

Overview

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

Amenities

  • Sauna
  • Community Center
  • Recreation Room
  • Elevator

Recreation

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

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,255

Year Built

Built in 1974

Lot Details

0

HOA Fees

$719 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: Gorgeous 2Br Oceanfront condo in Sea Colony in premiere Edgewater Bldg. with indoor pool and fitness center. Largest floorplans at Sea Colony. Sought after Master Bdrm overlooking the ocean (this style has not been on the market in months). Established rental history. Perfect floor level and amazing ocean views. Won't last long....
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Freezer, Microwave, Refrigerator, Washer, Water Heater
  • Entry Floor: 7
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Kitchen - Island, Entry Level Bedroom, Window Treatments
  • Fireplace: No
  • Foundation Details: Pillar/Post/Pier
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1265
  • Living Area Sq Ft: 1265
  • Net Sq Ft: 1265.00
  • Price Per Sq Ft: 490.12
  • Above Grade Finished Sq Ft: 1265
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 702

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Composition
  • Construction Completed: Yes
  • 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
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate
  • Sewer/Septic System: Private Sewer
  • Water Sewer Expenses: 270.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2424.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6208.00
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Community Center, Elevator, Fitness Center, Gated Community, Hot Tub, Jog/Walk Path, Reserved/Assigned Parking, Tot Lots/Playground, Swimming Pool, Pool - Outdoor, Recreational Center, 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: Square Feet
  • Outdoor Living Structures: Balcony
  • Zoning Description: HIGH DENSITY RESIDENTIAL

Building Info

  • Building Features: Elevator, Guard System

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: 5115900
  • Assessor Parcel Number: 134-17.00-56.03-702S
  • County Tax Payment Frequency: Annually
  • Close Date: 12/05/2016

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
Mar 5, 2025
Sold by
Romm Barry and Romm Marcy
Bought by
Barry M Romm Revocable Trust and Marcy A Romm Revocable Trust
Current Estimated Value
$951,716

Purchase Details

Closed on
Oct 29, 1986
Bought by
Camp James R
Source: Public Records

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
Barry M Romm Revocable Trust -- None Listed On Document
Barry M Romm Revocable Trust -- None Listed On Document
Camp James R $32,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2016 12/05/16 Sold $585,000 -5.6% $462 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $620,000 -- $490 / 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 $1,255 $28,450 $0 $28,450
2023 $1,254 $28,450 $0 $28,450
2022 $1,233 $28,450 $0 $28,450
2021 $1,196 $28,450 $0 $28,450
2020 $1,142 $28,450 $0 $28,450
2019 $1,136 $28,450 $0 $28,450
2018 $1,148 $30,350 $0 $0
2017 $1,157 $30,350 $0 $0
2016 $1,020 $30,350 $0 $0
2015 $1,051 $30,350 $0 $0
2014 $1,035 $30,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001021132

Bright MLS

APN: 134-17.00-56.03-702S