3 months on rocket

Sale Pending

505 Island House Rd, Bethany Beach, DE, 19930

$1,150,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,070 SqFt
$1,075/SqFt
Condo
Schools Nearby

Location

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505 Island House Rd, Bethany Beach$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Storage Area, Covered Parking, Assigned, Paved Parking, Secure Parking, Parking Lot, Parking Garage
Garage1 space
Year Built1981
HeatingForced Air
CoolingHeat Pump
WaterfrontBeach
ViewOcean
MLS #DESU2053664
StatusSale Pending
(PENDING)

About 505 Island House Rd

Oceanfront point unit in Sea Colony's southern most building, Island House. This is a prime floor, location and view. There are very few locations as desirable as this one, in all of Sea Colony East. From your balcony, gaze east to see the sunrise over the ocean, or watch the waves roll in, look south to see the shoreline stretch on for miles. Views from the living room and owner's bedroom. You will not see other Sea Colony high rises from this location. Enjoy easy access to 2 elevators to bring you up from parking to your new oceanfront home. 3 bedroom 2 bath furnished as a 2 bedroom and den. Same size properties have done $50,000. in Gross rental income, this home has never been rented but would make a great rental. Extensive amenities meticulously maintained. Award winning tennis and pickle ball indoor and outdoor courts. 18000 SF Fitness Center with personal trainers, fitness classes, and weight and cardio room plus full gym. 12 swimming pools, 2 indoor. All situated on pristine 1/2 mi beach walking distance to downtown Bethany, and its quaint boardwalk and award winning restaurants.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1981
  • Stories: 1
  • Living Area: 1,070 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (302) 539-9040
  • Listing Agent: Ann Baker

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Electric Range, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Combination Dining/Living, Entry Level Bedroom, Primary Bath(s), Primary Bedroom - Ocean Front

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Beach
  • View: Ocean
  • Exterior: Exterior Lighting, Street Lights

Parking Information:

  • Garage Space: 1 space
  • Parking: Additional Storage Area, Covered Parking, Assigned, Paved Parking, Secure Parking, Parking Lot, Parking Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Indian River High School, Public District Grades 8-12
  • Selbyville Middle School, Public District Grades 6-8
  • Lord Baltimore Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take Southern entrance into Sea Colony East, Island House is the Southern most building. Off season upkeep going on currently, park under Island House building, enter the lobby from under the building, take elevator to 5th floor, take a right, first hallway to the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $1,075/SqFt

HOA Fees:

  • Amount: $725
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,338
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Bethany Beach, DE.

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Bethany Beach, DE

City

Med. Sold Price

$910K

Med. Price/SqFt

$543

Avg. Days On Market

39

# of Sold Homes

16

505 Island House Rd vs Bethany Beach

116 DAYS ON ROCKET

+77 Days

$1,150,000

+$240K More

$1,075/SqFt

+$532 More

KEY TAKEAWAY

This property is $240K more than the Median Sold Price and $532/SqFt more than other homes in Bethany Beach, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2053664

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (302) 539-9040
  • Listing Agent: Ann Baker

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 2:00:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,338$33,150
2020$1,263$33,950
2018$1,284$33,950

History based on county public records data.

Payment Calculator

$6,048

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-995679
8
/10

  • Lord Baltimore Elementary School

  • 120 Atlantic Ave

  • 2.81 miles

  • Public District Grades PK-5

Middle School

school-card-donut-995680
5
/10

  • Selbyville Middle School

  • 80 Bethany Rd

  • 9.41 miles

  • Public District Grades 6-8

High School

school-card-donut-995681
5
/10

  • Indian River High School

  • 29772 Armory Rd

  • 9.64 miles

  • Public District Grades 8-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,891. Most Bethany Beach, DE residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Island House Rd

What is the listing price of this property?

The listing price of 505 Island House Rd property is $1,150,000.

What type of property is this?

The property 505 Island House Rd is a condo located in Bethany Beach, Delaware, 19930.

Is this property for sale now?

Sale Pending: 505 Island House Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 505 Island House Rd are:
Lord Baltimore Elementary School: GreatSchools Rating 8/10
Selbyville Middle School: GreatSchools Rating 5/10
Indian River High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,338 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 505 Island House Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 Island House Rd is 1,070 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Island House Rd is 1981.

Rocket Homes›Delaware›Sussex County›Bethany Beach›19930›505 Island House Rd

This home is located at 505 Island House Rd in Bethany Beach, DE and zip code 19930. This 1,070 square foot home was built in 1981. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 01, 2024 and is currently priced at $1,150,000.

Bethany Beach, DE housing market in March 2024 saw over 4 listings sold above listed price, more than 2 sold at listed price and over 10 sold below. In March 2024 in Bethany Beach, DE there were 20% more homes for sale than in February 2024. In March 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $910,000.

From Rocket Homes Real Estate and based on county public records data.

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