NOT LISTED FOR SALE

903 Chesapeake House Rd Unit 903N Bethany Beach, DE 19930

Estimated Value: $576,000 - $738,000

2 Beds
1.5 Baths
745 Sq Ft
$844/mo HOA Fee

Last Sold November 27, 2023

Last sale price $655,000 $879 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,519/month

1 Day on Market

Highlights

  • 1,000 Feet of Waterfront
  • Ocean View
  • Private Beach
  • Lord Baltimore Elementary School Rated A-
  • Beach
  • Private Water Access

About This Home

As of November 2023

Absolutely stunning! A highly sought after and unique floor plan that is rarely offered in Sea Colony East is now being presented. Penthouse 903 Chesapeake, a gorgeous 1 bedroom with sleeping loft, 1 and 1/2 baths and phenomenal views of the Atlantic Ocean will wow you from the open living/dining/kitchen areas and its’ private balcony for glorious sunrises. A soothing color pallet, coastal furnishings and decor welcome you to this upgraded beach get-a-way. Offering Beachwood Plank Vinyl in entry, dining and living rooms. Crowne molding and 4” baseboards throughout and high end horizontal shades with Crowne molding valance for the full oceanfront slider wall. The lovely open kitchen offers additional recessed lighting, white coastal cabinetry with white speckled Granite, white subway backsplash and Kitchenaid stainless steel appliances. Oversized white GE stacked washer/dryer is perfect for those large beach towels! Ceilings have been upgraded so no “popcorn” ceilings! The spacious primary king bedroom depicts comfort and shows off a newly upgraded, tiled floor with coastal style vanity, lighting and mirror. Twin loft bedroom is the perfect fun sleeping space for overnight guests and also provides an additional private storage closet. Full hall bathroom highlights angled tiled flooring, oversized tiled & glassed door shower, vanity, mirror and recessed lighting. Newer tinted ocean front sliders and HVAC system too! 903 Chesapeake has an outstanding reserved parking spot under the building right next to lobby entrance. Your perfect oceanfront beach home is now calling you! Steps to Edgewater's Indoor Pool and gym, and close to 3 of 5 outdoor pools along your half-mile promenade and wide, private beach. Ride the tram/bus to SC West and use the 17,000 sf Fitness Center with indoor lap pool, larger Fitness area, indoor basketball courts, exercise, yoga classes, and 5 outdoor heated pools.

Last Agent to Sell the Property

Leslie Kopp

Long & Foster Real Estate, Inc. License #RA-0003421 Listed on: 10/28/2023

Long & Foster Real Estate, Inc.

Co-Listed By

GAIL PHELAN

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Chrisy Tingle

Keller Williams Realty License #RS-0023952

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $872

Year Built

  • Built in 1973

Lot Details

  • 1,000 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • Extensive Hardscape
  • Land Lease expires in 49 years
  • Ground Rent expires in 49 years
  • Property is in excellent condition

HOA Fees

Parking

  • 1 Assigned Parking Garage Space
  • Private Parking
  • Lighted Parking
  • Parking Lot
  • Off-Street Parking
  • Parking Space Conveys

Home Design

  • Penthouse
  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Masonry

Interior Spaces

  • 745 Sq Ft Home
  • Property has 1.5 Levels
  • Open Floorplan
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Dining Area
  • Ocean Views
  • Stacked Electric Washer and Dryer

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-in Shower

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Private Water Access
  • Property is near an ocean
  • Lake Privileges
  • Balcony
  • Exterior Lighting
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 134-17.00-56.02-903N

Community Details

Overview

  • $4,000 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), reserve funds, road maintenance, sauna, snow removal, trash
  • High-Rise Condominium
  • Built by Carl M. Freeman
  • Sea Colony Chesapeake Community
  • Sea Colony East Subdivision

Amenities

  • Sauna

Recreation

  • Beach
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$872

Year Built

Built in 1973

Lot Details

0

HOA Fees

$844 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Land Lease
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-10-29
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Icemaker, Oven - Single, Oven/Range - Electric, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater, Refrigerator
  • Entry Floor: 9
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Flat, Floor Plan - Open, Kitchen - Galley, Primary Bath(s), Stall Shower, Upgraded Countertops, Window Treatments
  • Window Features: Double Pane, Insulated, Screens
  • Fireplace: No
  • Wall Ceiling Types: 2 Story Ceilings, Dry Wall, Vaulted Ceilings
  • Foundation Details: Pillar/Post/Pier
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 745
  • Living Area Sq Ft: 745
  • Price Per Sq Ft: 871.14
  • Above Grade Finished Sq Ft: 745
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 903

Beds/Baths

  • Bedrooms: 2
  • 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, Below Grade
  • Construction Materials: Concrete, Masonry
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outbuilding(s), Private Beach, Tennis Court(s)
  • Roof: Metal
  • View: Ocean
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 1000

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Lighted Parking, Parking Space Conveys, Paved Parking, Private
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Parking Lot, Parking Garage
  • Parking Garage Number Of Spaces: 1
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Fire Detection System, Security Gate, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 725.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1806.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Elevator, Exercise Room, Fitness Center, Hot Tub, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Sauna, Security, Swimming Pool, Tennis - Indoor, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Sauna, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Heated, Lap/Exercise, Filtered, In Ground, Indoor

Fee Information

  • Capital Contribution Fee: 4000.00

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 49
  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: AR-1
  • In City Limits: No

Building Info

  • Builder Name: Carl M. Freeman

Rental Info

  • Ground Rent Years Remaining: 49
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 17000.00
  • Vacation Rental: Yes

Tax Info

  • School Tax: 776.00
  • Tax Annual Amount: 872.00
  • Assessor Parcel Number: 134-17.00-56.02-903N
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/27/2023

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2023
Closed on
Nov 27, 2023
Sold by
Becker Stephen N and Becker Sara G
Bought by
Ensley Christina L and Ensley Gerald R
Seller's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
Buyer's Agent
Chrisy Tingle
Keller Williams Realty
List Price
$649,000
Sold Price
$655,000
Premium/Discount to List
$6,000
0.92%
Total Days on Market
1
Views
37
Current Estimated Value
$677,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,588
Avg. Annual Appreciation
2.27%
Original Mortgage
$458,500
Outstanding Balance
$452,870
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$224,718
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
Ensley Christina L $655,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ensley Christina L $458,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2023 11/27/23 Sold $655,000 +0.9% $879 / Sq Ft
10/28/2023 10/28/23 For Sale $649,000 +80.3% $871 / Sq Ft
09/04/2014 09/04/14 Sold $360,000 0.0% --
06/17/2014 06/17/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $360,000 -- --
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 $949 $21,450 $0 $21,450
2023 $948 $21,450 $0 $21,450
2022 $933 $21,450 $0 $21,450
2021 $905 $21,450 $0 $21,450
2020 $863 $21,450 $0 $21,450
2019 $859 $21,450 $0 $21,450
2018 $868 $22,950 $0 $0
2017 $875 $22,950 $0 $0
2016 $771 $22,950 $0 $0
2015 $795 $22,950 $0 $0
2014 $783 $22,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2050608

Bright MLS

APN: 134-17.00-56.02-903N