$69,900
SOLD FEB 6, 2023

1 Read Ave Unit 110C Dewey Beach, DE 19971

1 Bed
1 Bath
480 Sq Ft
$415/mo HOA Fee

Recently Sold

$146 Per Sq Ft

84 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Sandy Beach
  • Rehoboth Elementary School Rated A
  • Water Access
  • Open Floorplan

About This Home

As of February 2023

Vacation and own on the Beach for a fraction of the Cost! That is because you own a ¼ fraction and is deeded fee simple for each quarter share owned. This ocean view condo is just steps from the beautiful beach, and a two-minute walk to Rehoboth Bay access and the center of all the action in Dewey. A 1/4 (fractional) ownership gives you the condominium to use 1 week each month (every 4 weeks). It’s the BEST of owning a beach home with NONE of the worries. You can choose to use it for yourself, offer it to family or friends, OR have the on-site management rent it for you (this unit generated $4605.65 in net rental revenue for June-August of 2022). Quarter Ownership makes the Surf Club unique with your HOA monthly fee covering EVERYTHING! It comes completely furnished similar to a hotel room – king size bed, queen size pull out sofa bed, sunroom dining area with table & chairs, efficiency kitchen and flat screen TV . The $415/month (only fee/service you need to pay) covers the on-site management, taxes, insurance, electric, sewer, water, Heat & AC, internet & cable, plus the maintaining of the pool, BBQ, sundeck area, grounds & parking area. In addition, it covers supplying, maintaining and/or replacing the furniture, silverware, plates, glassware, & appliances. The Surf Club also offers passes to the local YMCA with full access to classes, gym and indoor pool. There is nothing to do but unpack your bags and relax on the beach. The building is smoke free and no pets are allowed. There is also one parking spot with the unit.

Last Agent to Sell the Property

Steve MacPherson

BHHS Fox & Roach - Hockessin License #RS0038202 Listed on: 10/20/2022

BHHS Fox & Roach - Hockessin

Last Buyer's Agent

Kavon Bailey

EXP Realty, LLC License #RS-0024619

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1955 | Remodeled in 2017

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $415 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Piling Construction

Interior Spaces

  • 480 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Dining Area
  • Efficiency Studio
  • Vinyl Flooring
  • Ocean Views
  • Laundry on main level

Kitchen

  • Kitchen in Efficiency Studio
  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Assigned Parking

Outdoor Features

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

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.18-194.00-110C

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, custodial services maintenance, heat, high speed internet, laundry, reserve funds, sewer, standard phone service, taxes
  • 48 Units
  • The Surf Club HOA
  • Low-Rise Condominium
  • The Surf Club Community
  • Property Manager

Amenities

  • Picnic Area
  • Common Area
  • Laundry Facilities

Recreation

  • Beach
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1955 | Remodeled in 2017

Lot Details

0

HOA Fees

$415 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1955
  • Year Renovated: 2017
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Microwave, Refrigerator
  • Entry Floor: 2
  • Flooring Type: Vinyl
  • Interior Amenities: Combination Dining/Living, Efficiency, Floor Plan - Open, Kitchen - Efficiency, Window Treatments, Ceiling Fan(s), Dining Area, Combination Kitchen/Living, Recessed Lighting
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Foundation Details: Pilings
  • Levels Count: 4
  • Basement: No
  • Laundry Type: Common, Main Floor
  • Total Sq Ft: 480
  • Living Area Sq Ft: 480
  • Price Per Sq Ft: 145.62
  • Above Grade Finished Sq Ft: 480
  • 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: Mixed
  • Exterior Features: Bbq Grill, Outside Shower
  • Roof: Flat
  • View: Ocean
  • Water Access Features: Public Beach
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 1

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

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
  • Utilities: Cable Tv, Electric Available, Phone, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Fixed Wireless

Condo/Co-op/Association

  • HOA Fees: 415.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Cable, Common Grounds, Laundry Facilities, Picnic Area, Pool - Outdoor, Reserved/Assigned Parking
  • 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, Custodial Services Maintenance, Heat, High Speed Internet, Laundry, Reserve Funds, Sewer, Standard Phone Service, Taxes
  • HOA Name: THE SURF CLUB
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Property Condition: Very Good
  • Zoning: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: Yes
  • Property Manager: Yes

Multi Family

  • Federal Flood Zone: 10005C0354K
  • Waterfront Features: Sandy Beach

Tax Info

  • Assessor Parcel Number: 334-20.18-194.00-110C
  • Tax Total Finished Sq Ft: 476
  • Close Date: 02/06/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

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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

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $69,900 0.0% $146 / Sq Ft
10/20/2022 10/20/22 For Sale $69,900 +74.8% $146 / Sq Ft
09/20/2018 09/20/18 Sold $40,000 -10.9% $83 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
07/31/2016 07/31/16 For Sale $44,900 -- $94 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve MacPherson

    Seller's Agent in 2023

    Steve MacPherson

    BHHS Fox & Roach

    (302) 547-3682

    4 in this area

    9 Total Sales

    Steve MacPherson
    Section Image
  • Kavon Bailey

    Buyer's Agent in 2023

    Kavon Bailey

    EXP Realty, LLC

    (302) 333-0386

    1 in this area

    22 Total Sales

    Kavon Bailey
    Section Image
  • DENISE CAIN

    Seller's Agent in 2018

    DENISE CAIN

    OCEAN ATLANTIC SOTHEBYS

    (302) 542-5662

    13 in this area

    55 Total Sales

    DENISE CAIN
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2030868

Bright MLS

Delaware Sussex County Dewey Beach 19971

1 Read Ave Unit 110C, Dewey Beach, DE

This home is located at 1 Read Ave Unit 110C, Dewey Beach, DE 19971 and is currently priced at $69,900, approximately $145 per square foot. This property was built in 1955. 1 Read Ave Unit 110C is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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