NOT LISTED FOR SALE

805 Georgetowne House Rd Unit 805 Bethany Beach, DE 19930

Estimated Value: $1,094,000 - $1,192,280

3 Beds
2 Baths
1,060 Sq Ft
$789/mo HOA Fee

Last Sold April 22, 2014

Last sale price $625,000 $590 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,077/month

Highlights

  • Ocean View
  • Beach
  • Contemporary Architecture
  • Lord Baltimore Elementary School Rated A-
  • Water Access
  • Community Indoor Pool

About This Home

As of April 2014

An amazing transformation has taken place in this stunning, point 3BR home! Boasting impressive and dramatic ocean view, and a phenomenal, open and wrapped kitchen renovation. This home is adorned with amazing finishes! Excellent, established, rental history.

Last Agent to Sell the Property

Tammy Hadder

(302) 249-2470 tammy@tammyandannasell.com Long & Foster Real Estate, Inc. License #RA-0020481 Listed on: 09/29/2013

Long & Foster Real Estate, Inc.

Co-Listed By

Anna Meiklejohn

(302) 420-8597 annam@seasideseven.com Long & Foster Real Estate, Inc. License #RS-0024096

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Anna Meiklejohn

(302) 420-8597 annam@seasideseven.com Long & Foster Real Estate, Inc. License #RS-0024096

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,282

Year Built

  • Built in 1978

Lot Details

  • 1,220

HOA Fees

Parking

  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Entry on the 8th floor
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Stone Siding
  • Masonry

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Window Treatments
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony

Utilities

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

Additional Features

  • Ground Rent of $2,000 per year expires in 64 years
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.05-805

Community Details

Overview

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

Amenities

  • Sauna
  • Elevator

Recreation

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

Security

  • Security Service
  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,282

Year Built

Built in 1978

Lot Details

0

HOA Fees

$789 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
  • Year Built: 1978
  • Remarks Public: An amazing transformation has taken place in this stunning, point 3BR home! Boasting impressive and dramatic ocean view, and a phenomenal, open and wrapped kitchen renovation. This home is adorned with amazing finishes! Excellent, established, rental history.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 8
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Entry Level Bedroom, Window Treatments
  • Window Features: Screens, Storm
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Pillar/Post/Pier
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1060
  • Living Area Sq Ft: 1060
  • Net Sq Ft: 1060.00
  • Price Per Sq Ft: 613.21
  • Above Grade Finished Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 805

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Stone
  • 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: Public Sewer
  • Water Sewer Expenses: 270.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2272.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 7200.00
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Cable, Elevator, Jog/Walk Path, Tennis Courts, Reserved/Assigned Parking, Tot Lots/Playground, Swimming Pool, Pool - Outdoor, Sauna, Security
  • HOA: Yes
  • Community Pool Features: Indoor

Schools

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

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: 64
  • Total Actual Rent: 29600.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5116160
  • Assessor Parcel Number: 134-17.00-56.05-805
  • County Tax Payment Frequency: Annually
  • Close Date: 04/22/2014

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
Sep 29, 2013
Closed on
Apr 24, 2014
Sold by
David W David W and Davidson Wicca J
Bought by
Reuland Charles B and Reuland Melissa M
Seller's Agent
Tammy Hadder
Long & Foster Real Estate, Inc.
Buyer's Agent
Anna Meiklejohn
Long & Foster Real Estate, Inc.
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$1,145,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,570
Avg. Annual Appreciation
5.42%
Original Mortgage
$468,750
Outstanding Balance
$357,275
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$788,295
Source: Public Records

Range of Values:

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Average Value
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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
Reuland Charles B $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reuland Charles B $468,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2014 04/22/14 Sold $625,000 0.0% $590 / Sq Ft
02/12/2014 02/12/14 Pending -- -- --
09/29/2013 09/29/13 For Sale $625,000 -- $590 / 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 $2,282 $31,450 $0 $31,450
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: 1000977210

Bright MLS

APN: 134-17.00-56.05-805