$32,000
SOLD NOV 10, 2020

1 Read Ave Unit 114 Dewey Beach, DE 19971

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

Recently Sold

$90 Per Sq Ft

3 Days on Market

Highlights

  • Ocean Front
  • Water Access
  • Furnished
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Community Pool

About This Home

As of November 2022

Own a piece of oceanfront property for a fraction of the cost! Owning a share of unit 114 allows you to use the unit yourself or rent it out one week per month. The Surf Club is unique as the HOA fee covers EVERYTHING! The fee covers taxes, insurance, electric, sewer, water, internet, cable, furniture, silverware, plates, glassware, appliance repair/replacement, onsite management, etc. It truly is a place to just bring your suitcase and relax. Wake up and walk out to the beach, use the community pool, have a bbq with friends, grab the trolley into Rehoboth or walk to all that Dewey Beach has to offer. The Surf Club is professionally managed by The Hyatt.

Last Agent to Sell the Property

DENISE CAIN

Monument Sotheby's International Realty Listed on: 09/02/2020

Monument Sotheby's International 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 1955 | Remodeled in 2018

Lot Details

  • Ocean Front
  • Home fronts navigable water

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Fractional Ownership
  • Masonry

Interior Spaces

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

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

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.18-194.00-114

Community Details

Overview

  • Association fees include a/c unit(s), air conditioning, all ground fee, appliance maintenance, broadband, cable TV, common area maintenance, custodial services maintenance, electricity, exterior building maintenance, heat, high speed internet, insurance, laundry, management, parking fee, pool(s), reserve funds, sewer, snow removal, standard phone service, taxes, trash, water
  • Low-Rise Condominium
  • The Surf Club Community
  • Property Manager

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$425

Year Built

Built in 1955 | Remodeled in 2018

Lot Details

0

HOA Fees

$325 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: 1955
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Own a piece of oceanfront property for a fraction of the cost! Owning a share of unit 114 allows you to use the unit yourself or rent it out one week per month. The Surf Club is unique as the HOA fee covers EVERYTHING! The fee covers taxes, insurance, electric, sewer, water, internet, cable, furniture, silverware, plates, glassware, appliance repair/replacement, onsite management, etc. It truly is a place to just bring your suitcase and relax. Wake up and walk out to the beach, use the community pool, have a bbq with friends, grab the trolley into Rehoboth or walk to all that Dewey Beach has to offer. The Surf Club is professionally managed by The Hyatt.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Ceiling Fan(s), Efficiency, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 354
  • Living Area Sq Ft: 354
  • Price Per Sq Ft: 90.40
  • 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: Concrete, Masonry
  • Exterior Features: Bbq Grill
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking
  • Type Of Parking: Parking Lot, Off Street, On 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

  • HOA Fees: 325.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Laundry Facilities, Picnic Area, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: A/C Unit(s), Air Conditioning, All Ground Fee, Appliance Maintenance, Broadband, Cable Tv, Common Area Maintenance, Custodial Services Maintenance, Electricity, Ext Bldg Maint, Heat, High Speed Internet, Insurance, Laundry, Management, Parking Fee, Pool(s), Reserve Funds, Sewer, Snow Removal, Standard Phone Service, Taxes, Trash, Water
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, 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: 2020
  • Zoning: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets Allowed: No
  • Vacation Rental: Yes
  • 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: 2020
  • Close Date: 11/10/2020

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

    Section Image
  • 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

    1,922 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: DESU168288

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 $32,000, approximately $90 per square foot. This property was built in 1955. 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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