$38,000
SOLD MAY 29, 2020

1 Read Ave Unit 114 Dewey Beach, DE 19971

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

Recently Sold

$107 Per Sq Ft

16% Below List Price

173 Days on Market

Highlights

  • Concierge
  • Ocean View
  • Sandy Beach
  • Rehoboth Elementary School Rated A
  • Access to Tidal Water
  • Oceanside

About This Home

As of November 2022

DEWEY BEACH - A WAY OF LIFE! Make Dewey Beach a part of your life with fractional ownership of this efficiency unit in Surf Club: a recently renovated oceanfront building with on-site property management! Fantastic opportunity to enjoy oceanfront living with the option to rent, or use personally just about any time of the year. Recently upgraded and only steps away from the sand, sun, and fun - your new "way of life!"

Last Agent to Sell the Property

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 11/20/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

BRENDA HARPER

Coldwell Banker Realty License #RS-0024105

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $425

Year Built

  • Built in 1988 | Remodeled in 2019

Lot Details

  • Waterfront
  • Sandy Beach
  • Two or More Common Walls

HOA Fees

  • $335 Monthly HOA Fees

Home Design

  • Fractional Ownership
  • Frame Construction
  • Shingle Roof
  • Piling Construction

Interior Spaces

  • 354 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Efficiency Studio
  • Cooktop
  • Ocean Views

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Access to Tidal Water
  • Water Oriented
  • Oceanside

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 334-20.18-194.00-114

Community Details

Overview

  • Association fees include cable TV, electricity, exterior building maintenance, management, pool(s), trash
  • Low-Rise Condominium
  • The Surf Club Community
  • Property Manager

Amenities

  • Concierge
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$425

Year Built

Built in 1988 | Remodeled in 2019

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: Fractional
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1988
  • Year Renovated: 2019
  • Remarks Public: DEWEY BEACH - A WAY OF LIFE! Make Dewey Beach a part of your life with fractional ownership of this efficiency unit in Surf Club: a recently renovated oceanfront building with on-site property management! Fantastic opportunity to enjoy oceanfront living with the option to rent, or use personally just about any time of the year. Recently upgraded and only steps away from the sand, sun, and fun - your new "way of life!"
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop
  • Entry Floor: 2
  • Interior Amenities: Floor Plan - Open, Efficiency, Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Foundation Details: Pilings
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Efficiency (Additional), Full Bath
  • Basement: No
  • Total Sq Ft: 354
  • Living Area Sq Ft: 354
  • Price Per Sq Ft: 112.99
  • Above Grade Finished Sq Ft: 354
  • 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, Concrete
  • Roof: Shingle
  • View: Ocean
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4020.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Concierge, Hot Tub, Pool - Outdoor, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Cable Tv, Electricity, Ext Bldg Maint, Management, Pool(s), Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

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
  • Year Assessed: 2019
  • Zoning: 1988
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5204899
  • School Tax: 385.00
  • Tax Annual Amount: 425.00
  • Assessor Parcel Number: 334-20.18-194.00-114
  • Tax Total Finished Sq Ft: 476
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/29/2020

Multi Family

  • Waterfront Features: Sandy Beach

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
11/23/2022 11/23/22 Sold $52,155 -5.0% $147 / Sq Ft
10/20/2022 10/20/22 For Sale $54,900 +71.6% $155 / Sq Ft
11/10/2020 11/10/20 Sold $32,000 0.0% $90 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $32,000 -15.8% $90 / Sq Ft
05/29/2020 05/29/20 Sold $38,000 -5.0% $107 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
03/06/2020 03/06/20 Price Changed $40,000 -9.1% $113 / Sq Ft
01/30/2020 01/30/20 Price Changed $44,000 -2.2% $124 / Sq Ft
11/20/2019 11/20/19 For Sale $45,000 -- $127 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve MacPherson

    Seller's Agent in 2022

    Steve MacPherson

    BHHS Fox & Roach

    (302) 547-3682

    4 in this area

    9 Total Sales

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  • Anita Roughton

    Buyer's Agent in 2022

    Anita Roughton

    Iron Valley Real Estate at The Beach

    (410) 430-3378

    1 in this area

    49 Total Sales

    Section Image
  • DENISE CAIN

    Seller's Agent in 2020

    DENISE CAIN

    OCEAN ATLANTIC SOTHEBYS

    (302) 542-5662

    13 in this area

    55 Total Sales

    Section Image
  • Lee Ann Wilkinson

    Seller's Agent in 2020

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 278-6726

    12 in this area

    1,921 Total Sales

    Section Image
  • BRENDA HARPER

    Buyer's Agent in 2020

    BRENDA HARPER

    Coldwell Banker Realty

    (302) 236-0395

    3 in this area

    25 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU151888

Bright MLS

Delaware Sussex County Dewey Beach 19971

1 Read Ave Unit 114, Dewey Beach, DE

This home is located at 1 Read Ave Unit 114, Dewey Beach, DE 19971 and is currently priced at $38,000, approximately $107 per square foot. This property was built in 1988. 1 Read Ave Unit 114 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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