NOT LISTED FOR SALE

1 Read Ave Unit 113A Dewey Beach, DE 19971

1 Bed
1 Bath
476 Sq Ft
$335/mo HOA Fee

Last Sold July 14, 2021

Last sale price $65,000 $137 Per Sq Ft

3 Days on Market

Highlights

  • Beach
  • Fitness Center
  • Furnished
  • Rehoboth Elementary School Rated A
  • Community Indoor Pool
  • Forced Air Heating and Cooling System

About This Home

As of July 2021

Paradise on the Beach for a fraction of the Cost! That is because you will own a fraction of this condominium, 12 weeks to be exact! Ocean front and in popular Dewey Beach is where you will find The Surf Club! This condo faces the south, the oceanside of the building and is just steps from the beautiful beach! This condo is 480 sq. ft and the largest of the 3 types of condos they have! A 1/4 (fractional) ownership gives you the condominium to use 1 week each month. Your Monthly usage is SET Every Year, you can NOT choose your weeks. That is okay because you get to enjoy the BEST of owning a beach home with NONE of the worries, ONE week a Month! You Can Choose for Each of your 12 weeks whether you want to use it for yourself, family or friends OR have the on-site management rent it for you. The condo is beautiful & recently renovated. It has a King size bed, a full bathroom, 42” flat-screen TV, a nice sitting area with a pull-out queen sofa bed, a dining area and a kitchenette with a full-size refrigerator/freezer, 2 burner stovetop, microwave & more. This unit is an “A” week, see the 2021 calendar in the photos for the weeks this year. Quarter Ownership makes the Surf Club unique with your HOA monthly fee covering everything! It covers the on-site management, taxes, insurance, electric, sewer, water, 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, heat and a/c. 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, enjoy the pool, relax on the beach and walk to the places you want to dine & shop or take the shuttle to Rehoboth! The building is smoke free and no pets are allowed. NOTE: the pictures are of the smaller ocean-view condo. This condo has a larger kitchenette & dining area. Remember Life is Not a Dress Rehearsal, Own at The Beach!

Last Listed By

Danny Taglienti

Keller Williams Realty Listed on: 06/22/2021

Keller Williams Realty

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $425

Year Built

  • Built in 1988

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 476 Sq Ft Home
  • Property has 1 Level
  • Furnished

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Property is in excellent condition
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 334-20.18-194.00-113

Community Details

Overview

  • Association fees include air conditioning, all ground fee, appliance maintenance, cable TV, common area maintenance, electricity, exterior building maintenance, laundry, pool(s), reserve funds, water, custodial services maintenance, taxes, trash, high speed internet, heat, a/c unit(s)
  • Low-Rise Condominium
  • The Surf Club Community

Amenities

  • Common Area

Recreation

  • Beach
  • Fitness Center
  • Community Indoor Pool

Property Details

Home Type

Co-Op

Est. Annual Taxes

$425

Year Built

Built in 1988

Lot Details

0

HOA Fees

$335 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: Cooperative
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: Paradise on the Beach for a fraction of the Cost! That is because you will own a fraction of this condominium, 12 weeks to be exact! Ocean front and in popular Dewey Beach is where you will find The Surf Club! This condo faces the south, the oceanside of the building and is just steps from the beautiful beach! This condo is 480 sq. ft and the largest of the 3 types of condos they have! A 1/4 (fractional) ownership gives you the condominium to use 1 week each month. Your Monthly usage is SET Every Year, you can NOT choose your weeks. That is okay because you get to enjoy the BEST of owning a beach home with NONE of the worries, ONE week a Month! You Can Choose for Each of your 12 weeks whether you want to use it for yourself, family or friends OR have the on-site management rent it for you. The condo is beautiful & recently renovated. It has a King size bed, a full bathroom, 42” flat-screen TV, a nice sitting area with a pull-out queen sofa bed, a dining area and a kitchenette with a full-size refrigerator/freezer, 2 burner stovetop, microwave & more. This unit is an “A” week, see the 2021 calendar in the photos for the weeks this year. Quarter Ownership makes the Surf Club unique with your HOA monthly fee covering everything! It covers the on-site management, taxes, insurance, electric, sewer, water, 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, heat and a/c. 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, enjoy the pool, relax on the beach and walk to the places you want to dine & shop or take the shuttle to Rehoboth! The building is smoke free and no pets are allowed. NOTE: the pictures are of the smaller ocean-view condo. This condo has a larger kitchenette & dining area. Remember Life is Not a Dress Rehearsal, Own at The Beach!
  • Special Features: None
  • Property Sub Type: Coop

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 476
  • Living Area Sq Ft: 476
  • Price Per Sq Ft: 115.55
  • 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, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

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: 335.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach, Pool - Outdoor, Common Grounds, Fitness Center, Pool - Indoor
  • HOA Condo Co-Op Fee Includes: Air Conditioning, All Ground Fee, Appliance Maintenance, Cable Tv, Common Area Maintenance, Electricity, Ext Bldg Maint, Laundry, Pool(s), Reserve Funds, Water, Custodial Services Maintenance, Taxes, Trash, High Speed Internet, Heat, A/C Unit(s)
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5204898
  • School Tax: 385.00
  • Tax Annual Amount: 425.00
  • Assessor Parcel Number: 334-20.18-194.00-113
  • Tax Total Finished Sq Ft: 476
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/14/2021

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
07/14/2021 07/14/21 Sold $65,000 +18.2% $137 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $55,000 -15.4% $116 / Sq Ft
06/22/2021 06/22/21 Off Market $65,000 -- --
06/22/2021 06/22/21 For Sale $55,000 -- $116 / 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: DESU2000488

Bright MLS