Seller's Agent in 2017
Jim Madgey
Long & Foster
(215) 292-8549
4 Total Sales
1 Read Ave Unit 104 Dewey Beach, DE 19971
Estimated Value: $88,168 - $387,000
1
Bed
1
Bath
379
Sq Ft
$1,128/mo
HOA Fee
Highlights
- Concierge
- Ocean View
- Water Access
- Rehoboth Elementary School Rated A
- Beach
- Furnished
About This Home
As of June 2017Own your own Oceanfront condo. To be completely renovated this spring with all new furniture and appliances without any assessment to owners. Direct oceanfront unit with fantastic views in Dewey Beach. Use it yourself all year, as an investment property or both. The Surf Club will handle your rental when you are not in residence. Condo fees include housekeeping/ cleaning, taxes, flood insurance, water, sewer, utilities, repairs, cable TV, internet, and maintenance for carefree living. Walk to the beach right outside your door or use the community pool. Everything that Dewey Beach has to offer is a short walk away.
Last Agent to Sell the Property
(215) 292-8549 jim.madgey@cbmove.com Long & Foster Real Estate, Inc. License #RS-0023043 Listed on: 07/10/2016
Last Buyer's Agent
(703) 786-9250 chad@maggiorealty.com Iron Valley Real Estate Premier License #RS-0023634
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $602
Year Built
- Built in 1955
HOA Fees
- $1,128 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Flat Roof Shape
- Piling Construction
- Masonry
Interior Spaces
- 1 Full Bathroom
- 379 Sq Ft Home
- Property has 3 Levels
- Furnished
- Ceiling Fan
- Combination Kitchen and Living
- Ocean Views
Kitchen
- Cooktop
- Microwave
Flooring
- Carpet
- Tile or Brick
Parking
- Covered Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Water Access
- Property is near an ocean
Utilities
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
- Cable TV Available
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-20.18-194.00-104
Community Details
Overview
- Low-Rise Condominium
- The Surf Club Community
Amenities
- Concierge
- Laundry Facilities
Recreation
- Beach
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2016
Closed on
Jun 2, 2017
Sold by
Madgey James J and Bywalski Theodore F
Bought by
Mcdowell Dale A
Seller's Agent
Jim Madgey
Long & Foster Real Estate, Inc.
Buyer's Agent
CHAD GWINN
Iron Valley Real Estate Premier
List Price
$119,900
Sold Price
$119,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,392
Avg. Annual Appreciation
6.23%
Original Mortgage
$83,930
Outstanding Balance
$69,812
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$128,480
Purchase Details
Closed on
Jun 17, 2015
Sold by
Ssb Realty Holdings Llc
Bought by
Madgey James J and Bywalski Theodore F
Purchase Details
Closed on
Jun 17, 2014
Sold by
George M George M
Bought by
Ssb Realty Holdings Llc
Purchase Details
Closed on
Jun 9, 2014
Sold by
George M George M
Bought by
Ssb Realty Holdings Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcdowell Dale A | $119,867 | None Available | |
| Madgey James J | $80,000 | None Available | |
| Ssb Realty Holdings Llc | -- | -- | |
| Ssb Realty Holdings Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcdowell Dale A | $83,930 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2017 06/02/17 | Sold | $119,900 | 0.0% | $316 / Sq Ft |
| 04/11/2017 04/11/17 | Pending | -- | -- | -- |
| 07/10/2016 07/10/16 | For Sale | $119,900 | -- | $316 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $602 | $9,050 | $0 | $9,050 |
| 2024 | $446 | $9,050 | $0 | $9,050 |
| 2023 | $446 | $9,050 | $0 | $9,050 |
| 2022 | $430 | $9,050 | $0 | $9,050 |
| 2021 | $426 | $9,050 | $0 | $9,050 |
| 2020 | $425 | $9,050 | $0 | $9,050 |
| 2019 | $426 | $9,050 | $0 | $9,050 |
| 2018 | $397 | $9,050 | $0 | $0 |
| 2017 | $381 | $9,050 | $0 | $0 |
| 2016 | $362 | $9,050 | $0 | $0 |
| 2015 | $345 | $9,050 | $0 | $0 |
| 2014 | $343 | $9,050 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Madgey
-
CHAD GWINN
Buyer's Agent in 2017
CHAD GWINN
Iron Valley Real Estate Premier
(703) 786-9250
2 in this area
29 Total Sales
Map
Source: Bright MLS
MLS Number: 1001019440
APN: 334-20.18-194.00-104
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