NOT LISTED FOR SALE

707 Georgetowne House Rd Unit 707 Bethany Beach, DE 19930

Estimated Value: $868,000 - $1,357,339

3 Beds
2 Baths
1,060 Sq Ft
$956/mo HOA Fee

Last Sold April 06, 2023

Last sale price $1,235,000 $1,165 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $7,337/month

2 Days on Market

Highlights

  • 3.01 Acre Lot
  • Wood Flooring
  • Furnished
  • Lord Baltimore Elementary School Rated A-
  • Community Indoor Pool
  • Stainless Steel Appliances

About This Home

As of April 2023

Welcome to 707 Georgetowne House in Sea Colony! This beautifully remodeled condo faces due East - a very desirable location for those in the know! The kitchen is adorned with granite countertops, custom cabinetry and tile backsplash, finished with a complete Viking appliance package! All rooms come with remote controlled Hunter Douglas blinds! Upgraded flooring flows throughout this condo! Both bathrooms have been renovated to include custom tiled showers and the en suite features a rainfall shower! All this in one of the top communities in the Mid-Atlantic with amenities beyond compare! 12 pools including an Aquatic Center and 2 Indoor pools; Fitness Center and gyms; Indoor and outdoor tennis center with pickleball courts; Bocce Ball Court; Basketball Court; Putting Green, a 1/2 mile Private guarded Beach and so much more! Look no further.....this is the one!

Last Agent to Sell the Property

DAVE LEIDERMAN

Keller Williams Realty Listed on: 03/08/2023

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

  • $1,278

Year Built

  • Built in 1980 | Remodeled in 2018

Lot Details

  • Land Lease of $2,000 per year expires in 56 years
  • Ground Rent

HOA Fees

Parking

  • Parking Lot

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Wood Flooring

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Location

  • Flood Risk

Schools

  • Lord Baltimore Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.05-707

Community Details

Overview

  • $4,000 Capital Contribution Fee
  • Vacasa HOA
  • High-Rise Condominium
  • Sc East Phase V Condos
  • Sea Colony Georgetown Community
  • Sea Colony East Subdivision
  • Property Manager

Recreation

  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,278

Year Built

Built in 1980 | Remodeled in 2018

Lot Details

0

HOA Fees

$956 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Land Lease
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-03-08
  • Federal Flood Zone: Yes
  • Year Built: 1980
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 707 Georgetowne House in Sea Colony! This beautifully remodeled condo faces due East - a very desirable location for those in the know! The kitchen is adorned with granite countertops, custom cabinetry and tile backsplash, finished with a complete Viking appliance package! All rooms come with remote controlled Hunter Douglas blinds! Upgraded flooring flows throughout this condo! Both bathrooms have been renovated to include custom tiled showers and the en suite features a rainfall shower! All this in one of the top communities in the Mid-Atlantic with amenities beyond compare! 12 pools including an Aquatic Center and 2 Indoor pools; Fitness Center and gyms; Indoor and outdoor tennis center with pickleball courts; Bocce Ball Court; Basketball Court; Putting Green, a 1/2 mile Private guarded Beach and so much more! Look no further.....this is the one!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater, Stove
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1060
  • Living Area Sq Ft: 1060
  • Price Per Sq Ft: 1037.74
  • Above Grade Finished Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 707

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, Below Grade
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 668.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2200.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: SC East Phase V
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Name: VACASA
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Heated, Indoor, Lap/Exercise

Fee Information

  • Capital Contribution Fee: 4000.00

Schools

  • School District: INDIAN RIVER
  • Elementary School: LORD BALTIMORE
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: LORD BALTIMORE
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Lease Amount: 2000.00
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 56
  • Land Use Code: 999
  • Lot Size Acres: 3.01
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 131116.00
  • Year Assessed: 2022
  • Zoning: AR-1
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5116150
  • School Tax: 1138.00
  • Tax Annual Amount: 1278.00
  • Assessor Parcel Number: 134-17.00-56.05-707
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/06/2023

Multi Family

  • Federal Flood Zone: AO
  • 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 8, 2023
Closed on
Apr 6, 2023
Sold by
Peter R Hammond Revocable Trust
Bought by
Grace Peter J and Grace Karen Trister
Seller's Agent
DAVE LEIDERMAN
Keller Williams Realty
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$1,100,000
Sold Price
$1,235,000
Premium/Discount to List
$135,000
12.27%
Total Days on Market
2
Views
16
Current Estimated Value
$1,116,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,665
Avg. Annual Appreciation
-4.57%

Purchase Details

Closed on
Jul 22, 1996
Bought by
Hammond Peter R & Jay M
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
Grace Peter J $1,235,000 --
Hammond Peter R & Jay M $212,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $1,235,000 +12.3% $1,165 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $1,100,000 -- $1,038 / 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 $1,362 $31,450 $0 $31,450
2023 $1,361 $31,450 $0 $31,450
2022 $1,339 $31,450 $0 $31,450
2021 $1,299 $31,450 $0 $31,450
2020 $1,239 $31,450 $0 $31,450
2019 $1,234 $31,450 $0 $31,450
2018 $1,246 $32,950 $0 $0
2017 $1,256 $32,950 $0 $0
2016 $1,107 $32,950 $0 $0
2015 $1,141 $32,950 $0 $0
2014 $1,124 $32,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2036690

Bright MLS

APN: 134-17.00-56.05-707