NOT LISTED FOR SALE

805 Chesapeake House Bethany Beach, DE 19930

Estimated Value: $861,000 - $1,052,000

2 Beds
2 Baths
1,097 Sq Ft
$881/mo HOA Fee

Last Sold March 17, 2016

Last sale price $475,000 $433 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,446/month

123 Days on Market

Highlights

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

About This Home

As of March 2016

This 2 bedroom 2 bath retro styled condominium has an amazing view of the beach and Atlantic Ocean. Solid rental history.

Last Agent to Sell the Property

JANE PSAROUDAKIS

TANSEY WARNER Listed on: 10/23/2015

Co-Listed By

CAROLYN FITZ

TANSEY WARNER License #RS-0013660

Last Buyer's Agent

KAREN SERGISON

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1977

HOA Fees

Home Design

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

Interior Spaces

  • 1,097 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Window Treatments
  • Ocean Views
  • Security Gate
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.02-805N

Community Details

Overview

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

Amenities

  • Elevator

Recreation

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

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,096

Year Built

Built in 1977

Lot Details

0

HOA Fees

$881 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1977
  • Remarks Public: This 2 bedroom 2 bath retro styled condominium has an amazing view of the beach and Atlantic Ocean. Solid rental history.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 8
  • Flooring Type: Carpet, Tile/Brick, Vinyl
  • Interior Amenities: 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: 1097
  • Living Area Sq Ft: 1097
  • Net Sq Ft: 1097.00
  • Price Per Sq Ft: 501.37
  • Above Grade Finished Sq Ft: 1097
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 805

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
  • Type Of Parking: Off Street, Driveway

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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2380.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 8192.00
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Elevator, Fitness Center, Gated Community, Reserved/Assigned Parking, Tot Lots/Playground, Swimming Pool, Pool - Outdoor, Security, Tennis - Indoor, Tennis Courts
  • 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: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 18000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 134-17.00-56.02-805N
  • County Tax Payment Frequency: Annually
  • Close Date: 03/17/2016

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Sure Fun Llc
Bought by
Smith Steven R and Miskell Stacy
Total Days on Market
123
Current Estimated Value
$975,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1984
Bought by
Magill George B and Magill Anita E
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
Smith Steven R $1,000,000 None Listed On Document
Magill George B $7,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Steven R $703,000
Closed Smith Steven R $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2016 03/17/16 Sold $475,000 -13.6% $433 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
10/23/2015 10/23/15 For Sale $550,000 -- $501 / 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 $1,096 $23,950 $0 $23,950
2023 $1,095 $23,950 $0 $23,950
2022 $1,077 $23,950 $0 $23,950
2021 $1,045 $23,950 $0 $23,950
2020 $997 $23,950 $0 $23,950
2019 $992 $23,950 $0 $23,950
2018 $1,002 $26,500 $0 $0
2017 $1,010 $26,500 $0 $0
2016 $890 $26,500 $0 $0
2015 $918 $26,500 $0 $0
2014 $904 $26,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001011384

Bright MLS

APN: 134-17.00-56.02-805N