NOT LISTED FOR SALE

808 Chesapeake House Rd Bethany Beach, DE 19930

Estimated Value: $362,186 - $687,000

1 Bed
1.5 Baths
725 Sq Ft
$660/mo HOA Fee

Last Sold December 18, 2019

Last sale price $349,900 $483 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,717/month

547 Days on Market

Highlights

  • Concierge
  • Ocean Front
  • Access to Tidal Water
  • Lord Baltimore Elementary School Rated A-
  • Beach
  • 24-Hour Security

About This Home

As of December 2019

Sea Colony Oceanfront retreat. Offered fully furnished and move-in ready. Broad oceanviews from your private balcony. Walk to Bethany Beach's boardwalk and town center. Year round vacationing with indoor and outdoor pools and indoor and outdoor tennis courts. State of the art health club. Private ocean beach. Popular rental property with over $60,000 in rental income over the past three years. New upgrades

Last Agent to Sell the Property

William Hand

Long & Foster Real Estate, Inc. License #RA-0020486 Listed on: 05/24/2018

Long & Foster Real Estate, Inc.

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

  • $846

Year Built

  • Built in 1974 | Remodeled in 2019

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Two or More Common Walls
  • Ground Rent expires in 55 years

HOA Fees

Home Design

  • Metal Roof
  • Concrete Perimeter Foundation
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 725 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Ocean Views
  • Security Gate
  • Stacked Electric Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Parking

  • 2 Parking Spaces Included
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Access to Tidal Water
  • Private Water Access
  • Property is near an ocean
  • Balcony
  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.02-808N

Community Details

Overview

  • $202 Recreation Fee
  • $2,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, custodial services maintenance, exterior building maintenance, health club, high speed internet, insurance, lawn maintenance, management, pool(s), recreation facility, reserve funds, sauna, security gate, trash, water
  • Sea Colony East Phase 2 HOA
  • Mid-Rise Condominium
  • Built by Carl M. Freeman Associates
  • Sea Colony Chesapeake Community
  • Sea Colony East Subdivision

Amenities

  • Concierge
  • Sauna
  • Community Center
  • Community Storage Space

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Playground
  • Community Indoor Pool
  • Heated Community Pool
  • Community Spa
  • Jogging Path

Security

  • 24-Hour Security
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$846

Year Built

Built in 1974 | Remodeled in 2019

Lot Details

0

HOA Fees

$660 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
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Year Renovated: 2019
  • Remarks Public: Sea Colony Oceanfront retreat. Offered fully furnished and move-in ready. Broad oceanviews from your private balcony. Walk to Bethany Beach's boardwalk and town center. Year round vacationing with indoor and outdoor pools and indoor and outdoor tennis courts. State of the art health club. Private ocean beach. Popular rental property with over $60,000 in rental income over the past three years. New upgrades
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 8
  • Flooring Type: Carpet, Tile/Brick
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 725
  • Living Area Sq Ft: 725
  • Net Sq Ft: 725.00
  • Price Per Sq Ft: 496.41
  • Above Grade Finished Sq Ft: 725
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 808N

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Composition, Concrete
  • Exterior Features: Sidewalks
  • Roof: Metal
  • View: Ocean
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Assigned, Paved Driveway, Under Home Parking
  • Number Of Parking Spaces Included: 2-Car Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate, 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 286.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2424.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 458.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach, Cable, Community Center, Concierge, Elevator, Extra Storage, Gated Community, Hot Tub, Jog/Walk Path, Tot Lots/Playground, Swimming Pool, Pool - Outdoor, Sauna, Security, Tennis - Indoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Health Club, High Speed Internet, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Sauna, Security Gate, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Name: SEA COLONY EAST PHASE 2
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 202.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Indoor, Heated

Fee Information

  • Capital Contribution Fee: 2000.00

Schools

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

Lot Info

  • Horses: No
  • Outdoor Living Structures: Balcony, Terrace
  • Zoning: RESIDENTIAL PLANNED COMM.
  • Zoning Description: RESIDENTIAL PLANNED COMM.
  • In City Limits: No

Building Info

  • Builder Name: Carl M. Freeman Associates
  • Building Features: Elevator, Guard System

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 55
  • Total Actual Rent: 20000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 134-17.00-56.02-808N
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 12/18/2019

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
May 24, 2018
Closed on
Dec 18, 2019
Sold by
Worrell Benjamin E and Lawson Richard D
Bought by
Stieff Charles C
Seller's Agent
William Hand
Long & Foster Real Estate, Inc.
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$374,900
Sold Price
$349,900
Premium/Discount to List
-$25,000
-6.67%
Total Days on Market
547
Current Estimated Value
$532,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,147
Avg. Annual Appreciation
8.74%
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
Stieff Charles C $349,900 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2019 12/18/19 Sold $349,900 -2.8% $483 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
09/05/2019 09/05/19 Price Changed $359,900 -4.0% $496 / Sq Ft
02/16/2019 02/16/19 Price Changed $374,900 +4.2% $517 / Sq Ft
11/19/2018 11/19/18 Price Changed $359,900 -4.0% $496 / Sq Ft
05/24/2018 05/24/18 For Sale $374,900 -- $517 / 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 $846 $18,950 $0 $18,950
2023 $845 $18,950 $0 $18,950
2022 $831 $18,950 $0 $18,950
2021 $806 $18,950 $0 $18,950
2020 $769 $18,950 $0 $18,950
2019 $766 $18,950 $0 $18,950
2018 $773 $20,450 $0 $0
2017 $780 $20,450 $0 $0
2016 $687 $20,450 $0 $0
2015 $708 $20,450 $0 $0
2014 $698 $20,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001585682

Bright MLS

APN: 134-17.00-56.02-808N