NOT LISTED FOR SALE

1 Read Ave Unit 110A Dewey Beach, DE 19971

1 Bed
1 Bath
476 Sq Ft
$325/mo HOA Fee

Last Sold December 28, 2020

Last sale price $49,900 $105 Per Sq Ft

2 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Water Oriented
  • Coastal Architecture

About This Home

As of December 2020

Welcome to the Surf Club! Own a quarter share (one week per month) of this large, newly renovated, and completely turnkey condo with ocean views. Features include almost 500 square feet, king-size bed, full bathroom, kitchenette with full refrigerator/freezer, 2-burner induction stove, microwave, K-cup coffee maker and toaster, sitting area with queen-size pull out bed, 42-inch flat screen TV, and dining area with floor-to-ceiling windows to maximize views. The Surf Club HOA fee, which is only $325 per month, covers the pool, BBQ area, taxes, insurance, electric, sewer, water, internet, cable, furniture, silverware, plates, glassware, appliance repair/replacement, on-site management, and off-street parking. So, the only thing you need to worry about is which amazing restaurant to visit after a relaxing day on Dewey's beautiful, clean, and guarded beaches—all located within walking distance. When not using the unit yourself, you can let the on-site management rent it out for additional income. Call today to learn more about this unique opportunity before it's gone!

Last Listed By

Carrie Lingo

Jack Lingo - Lewes License #RS-0017885 Listed on: 11/16/2020

Jack Lingo - Lewes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $425

Year Built

  • Built in 1988 | Remodeled in 2018

Lot Details

  • Ocean Front
  • Property is in excellent condition

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Fractional Ownership
  • Coastal Architecture
  • Frame Construction

Interior Spaces

  • 476 Sq Ft Home
  • Property has 3.5 Levels
  • Open Floorplan
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Efficiency Studio
  • Kitchen in Efficiency Studio
  • Carpet
  • Ocean Views
  • Partial Basement

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Outdoor Grill

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-20.18-194.00-110

Community Details

Overview

  • Association fees include air conditioning, cable TV, common area maintenance, electricity, exterior building maintenance, insurance, lawn maintenance, management, pool(s), snow removal, trash, water
  • Low-Rise Condominium
  • The Surf Club Community
  • Property Manager

Amenities

  • Picnic Area
  • Common Area
  • Laundry Facilities

Recreation

  • Beach
  • Community Indoor Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$425

Year Built

Built in 1988 | Remodeled in 2018

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fractional
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1988
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to the Surf Club! Own a quarter share (one week per month) of this large, newly renovated, and completely turnkey condo with ocean views. Features include almost 500 square feet, king-size bed, full bathroom, kitchenette with full refrigerator/freezer, 2-burner induction stove, microwave, K-cup coffee maker and toaster, sitting area with queen-size pull out bed, 42-inch flat screen TV, and dining area with floor-to-ceiling windows to maximize views. The Surf Club HOA fee, which is only $325 per month, covers the pool, BBQ area, taxes, insurance, electric, sewer, water, internet, cable, furniture, silverware, plates, glassware, appliance repair/replacement, on-site management, and off-street parking. So, the only thing you need to worry about is which amazing restaurant to visit after a relaxing day on Dewey's beautiful, clean, and guarded beaches—all located within walking distance. When not using the unit yourself, you can let the on-site management rent it out for additional income. Call today to learn more about this unique opportunity before it's gone!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Carpet, Combination Dining/Living, Efficiency, Floor Plan - Open, Kitchen - Efficiency, Window Treatments
  • Fireplace: No
  • Levels Count: 3.5
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 476
  • Living Area Sq Ft: 476
  • Price Per Sq Ft: 104.83
  • Above Grade Finished Sq Ft: 476
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Bbq Grill, Outside Shower
  • View: Ocean
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 325.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Laundry Facilities, Picnic Area, Pool - Indoor
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Cable Tv, Common Area Maintenance, Electricity, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good, Excellent
  • Year Assessed: 2020
  • Zoning: 1988 47
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 385.00
  • Tax Annual Amount: 425.00
  • Assessor Parcel Number: 334-20.18-194.00-110
  • Tax Total Finished Sq Ft: 476
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/28/2020

Multi Family

  • Federal Flood Zone: 10005C0354K

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $49,900 0.0% $105 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $49,900 +42.6% $105 / Sq Ft
06/15/2020 06/15/20 Sold $35,000 -20.5% $73 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $44,000 -- $92 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU173228

Bright MLS