NOT LISTED FOR SALE

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

Estimated Value: $956,000 - $1,287,000

2 Beds
2 Baths
-- Sq Ft
$770/mo HOA Fee

Last Sold December 30, 2020

Last sale price $781,000

Est. 45% increase in value since last sale

Current estimated payment $7,021/month

Highlights

  • Ocean View
  • Beach
  • Water Access
  • Lord Baltimore Elementary School Rated A-
  • Home fronts navigable water
  • Private Beach Club

About This Home

As of December 2020

Direct Oceanfront in Sea Colony's most sought after building. Ocean views from the over-sized balcony and from the living room's floor-to-ceiling glass sliding doors. Convenient to the indoor swimming poo within the building, an outdoor pool, exercise room and steps to the community private beach. Nicely maintained and being offered fully furnished and equipped.

Last Agent to Sell the Property

William Hand

(443) 880-1980 Bill@billhand.com Long & Foster Real Estate, Inc. License #RA-0020486 Listed on: 11/18/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

JENNIFER SMITH

(302) 245-7581 jennysellsthebeach@gmail.com Keller Williams Realty License #RS-0024095

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,051

Year Built

  • Built in 1974

Lot Details

  • Home fronts navigable water
  • Ground Rent expires in 53 years

HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 1st floor

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Lake Privileges

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Doors swing in
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 134-17.00-56.03-903N

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Association fees include broadband, cable TV, bus service, common area maintenance, exterior building maintenance, health club, high speed internet, insurance, lawn maintenance, management, reserve funds, road maintenance, snow removal, trash, water
  • Sea Colony Recreation Association, Phone Number (302) 553-9860
  • High-Rise Condominium
  • Sea Colony East, Phase III Condos, Phone Number (302) 537-9499
  • Built by Carl M. Freeman Associates, Inc.
  • Sea Colony Edgewater Community
  • Sea Colony East Subdivision
  • Property Manager

Amenities

  • Sauna
  • Clubhouse
  • Convenience Store

Recreation

  • Beach
  • Private Beach Club
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Jogging Path
  • Bike Trail

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,051

Year Built

Built in 1974

Lot Details

0

HOA Fees

$770 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Doors - Swing In
  • Ownership: Condominium
  • Exclusions: Contents of the closets and personal items.
  • Home Warranty: No
  • Inclusions: Sold Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Remarks Public: Direct Oceanfront in Sea Colony's most sought after building. Ocean views from the over-sized balcony and from the living room's floor-to-ceiling glass sliding doors. Convenient to the indoor swimming poo within the building, an outdoor pool, exercise room and steps to the community private beach. Nicely maintained and being offered fully furnished and equipped.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 903

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 618.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1691.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Sea Colony East, Phase III
  • Condo Co-Op Phone: 302-537-9499
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Beach Club, Bike Trail, Club House, Convenience Store, Exercise Room, Fitness Center, Gated Community, Hot Tub, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Security, Sauna, Swimming Pool, Tennis - Indoor, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Broadband, Cable Tv, Bus Service, Common Area Maintenance, Ext Bldg Maint, Health Club, High Speed Internet, Insurance, Lawn Maintenance, Management, Reserve Funds, Road Maintenance, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Name: SEA COLONY RECREATION ASSOCIATION
  • HOA Phone: 302-5539-8600
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 2000.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: AR-1
  • In City Limits: No

Building Info

  • Builder Name: Carl M. Freeman Associates, Inc.

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 53
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5115927
  • School Tax: 927.00
  • Tax Annual Amount: 1051.00
  • Assessor Parcel Number: 134-17.00-56.03-903N
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/30/2020

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
Nov 18, 2020
Closed on
Dec 30, 2020
Sold by
Gold Alan and Gold Susan E
Bought by
N D Zuckerman 2012 T
Seller's Agent
William Hand
Long & Foster Real Estate, Inc.
Buyer's Agent
JENNIFER SMITH
Keller Williams Realty
List Price
$780,000
Sold Price
$781,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$1,136,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,335
Avg. Annual Appreciation
8.18%

Purchase Details

Closed on
Aug 28, 1998
Bought by
Gold Alan and Gold Susan E
Source: Public Records

Range of Values:

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Average Value
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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
N D Zuckerman 2012 T $781,000 None Available
Gold Alan $263,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $781,000 +0.1% --
11/18/2020 11/18/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $780,000 -- --
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
2025 $2,418 $27,950 $0 $27,950
2024 $1,234 $27,950 $0 $27,950
2023 $1,233 $27,950 $0 $27,950
2022 $1,213 $27,950 $0 $27,950
2021 $1,177 $27,950 $0 $27,950
2020 $1,123 $27,950 $0 $27,950
2019 $1,118 $27,950 $0 $27,950
2018 $1,129 $29,850 $0 $0
2017 $1,138 $29,850 $0 $0
2016 $1,003 $29,850 $0 $0
2015 $1,034 $29,850 $0 $0
2014 $1,018 $29,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU173254

Bright MLS

APN: 134-17.00-56.03-903N