NOT LISTED FOR SALE

801 S Edgewater House Rd Unit 801S Bethany Beach, DE 19930

Estimated Value: $1,139,000 - $1,286,000

2 Beds
2 Baths
1,275 Sq Ft
$685/mo HOA Fee

Last Sold December 21, 2012

Last sale price $650,000 $510 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $7,412/month

20 Days on Market

Highlights

  • Ocean View
  • Beach
  • Fitness Center
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Contemporary Architecture

About This Home

As of December 2012

Enviable location in this spacious platinum home. Dazzling details & Superb craftsmanship throughout. Truly a stunning home with an outstanding & expansive ocean view.

Last Agent to Sell the Property

Anna Meiklejohn

(302) 420-8597 annam@seasideseven.com Long & Foster Real Estate, Inc. License #RS-0024096 Listed on: 10/03/2012

Long & Foster Real Estate, Inc.

Co-Listed By

Tammy Hadder

(302) 249-2470 tammy@tammyandannasell.com Long & Foster Real Estate, Inc. License #RA-0020481

Last Buyer's Agent

Nicole Peterdozzi

(302) 542-8344 nicole@nicolepeterdozzi.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Lot Details

  • 1,350

HOA Fees

Parking

  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Entry on the 8th floor
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 1,275 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • 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
  • Vented Exhaust Fan
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Ground Rent of $2,000 per year expires in 61 years
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.03-801S

Community Details

Overview

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

Amenities

  • Community Center
  • Elevator

Recreation

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

Security

  • Security Service

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$685 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
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer, Water Heater
  • Entry Floor: 8
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Window Treatments
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pillar/Post/Pier
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1275
  • Living Area Sq Ft: 1275
  • Net Sq Ft: 1275.00
  • Price Per Sq Ft: 529.41
  • Above Grade Finished Sq Ft: 1275
  • Above Grade Finished Area Units: Square Feet

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
  • Sewer/Septic System: Private Sewer
  • Water Sewer Expenses: 258.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2112.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6112.00
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Community Center, Elevator, Fitness Center, Tennis - Indoor, Jog/Walk Path, Tennis Courts, Swimming Pool, Security
  • HOA: Yes
  • Community Pool Features: Indoor

Lot Info

  • Outdoor Living Structures: Balcony

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 2000.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 61
  • Total Actual Rent: 42500.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 134-17.00-56.03-801S
  • County Tax Payment Frequency: Annually

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
Feb 12, 2014
Bought by
Pancko Franklin X and Pancko Jihun
Current Estimated Value
$1,240,586

Purchase Details

Closed on
Feb 10, 2014
Bought by
Pancko Franklin X and Pancko Jihun
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Pancko Franklin X $25,000 --
Pancko Franklin X $25,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $650,000 0.0% $510 / Sq Ft
10/23/2012 10/23/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $650,000 -- $510 / 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
2025 $2,418 $28,450 $0 $28,450
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: 1000969110

Bright MLS

APN: 134-17.00-56.03-801S