$91,000
SOLD MAR 17, 2025

1 Read St Unit 207B Dewey Beach, DE 19971

1 Bed
1 Bath
476 Sq Ft
$435/mo HOA Fee

Recently Sold

$191 Per Sq Ft

4% Below List Price

6 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Ocean View
  • Beach
  • Rehoboth Elementary School Rated A
  • Primary bedroom faces the ocean
  • Sandy Beach

About This Home

As of March 2025

Escape to your own Oceanview retreat in Unit 207B with this spacious efficiency condo! Featuring a king-sized bed, sleeper sofa, kitchenette, dinette for four, and a cozy bench seat with stunning water views, this unit offers both comfort and convenience. As a 1/4 share owner, you’ll enjoy a beachfront getaway for one week every month at a stunning price. Plus, when you’re not using it, your unused days can generate rental income through a shared rental pool. Don’t miss this chance to own your slice of paradise!

Last Agent to Sell the Property

Julie Gritton

(302) 645-1111 julie@selltheshore.com Coldwell Banker Premier - Lewes License #RA-0031139 Listed on: 02/13/2025

Coldwell Banker Premier - Lewes

Co-Listed By

Sarah Russ

(302) 362-3642 sruss@cbanker.com Coldwell Banker Premier - Lewes License #RS-0025890

Last Buyer's Agent

Julie Gritton

(302) 645-1111 julie@selltheshore.com Coldwell Banker Premier - Lewes License #RA-0031139 Listed on: 02/13/2025

Coldwell Banker Premier - Lewes

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975

Lot Details

  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • Sprinkler System

HOA Fees

  • $435 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • On-Street Parking

Home Design

  • Fractional Ownership
  • Entry on the 2nd floor
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home
  • Dryvit Stucco
  • Stucco

Interior Spaces

  • 476 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Kitchen and Living
  • Sun or Florida Room
  • Efficiency Studio
  • Ocean Views

Kitchen

  • Kitchenette
  • Kitchen in Efficiency Studio
  • Cooktop
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Primary bedroom faces the ocean
  • 1 Full Bathroom

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Public Water Access
  • Property is near an ocean
  • No Personal Watercraft
  • Swimming Allowed
  • Shared Waterfront
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Risk

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 334-20.18-194.00-207B

Community Details

Overview

  • Low-Rise Condominium
  • The Surf Club Community

Amenities

  • Party Room
  • Laundry Facilities

Recreation

  • Beach
  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

0

HOA Fees

$435 per month

Parking

10

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fractional
  • Historic: No
  • Inclusions: Everything inside unit
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Microwave, Refrigerator
  • Entry Floor: 2
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Combination Kitchen/Living, Ceiling Fan(s), Window Treatments, Efficiency, Floor Plan - Open, Kitchen - Efficiency, Kitchenette, Primary Bedroom - Ocean Front, Sprinkler System
  • Fireplace: No
  • Foundation Details: Pilings
  • Levels Count: 1
  • Room List: Sun/Florida Room
  • Basement: No
  • Total Sq Ft: 476
  • Living Area Sq Ft: 476
  • Price Per Sq Ft: 199.58
  • Above Grade Finished Sq Ft: 476
  • Above Grade Finished Area Units: Square Feet

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: Stick Built, Dryvit, Stucco, Vinyl Siding
  • Exterior Features: Hot Tub, Outside Shower, Bbq Grill, Exterior Lighting, Street Lights
  • Roof: Shingle, Asphalt
  • View: Ocean
  • Water Access Features: No Personal Watercraft (PWC), Public Access, Public Beach, Swimming Allowed
  • 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: 50

Garage/Parking

  • Garage Spaces: 10.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Parking Garage, On Street
  • Parking Garage Number Of Spaces: 10

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 435.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach, Party Room, Hot Tub, Laundry Facilities, Pool - Outdoor, Swimming Pool
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 155.00 x 125.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 3325.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4066.00
  • Assessor Parcel Number: 334-20.18-194.00-207B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Sandy Beach, Shared

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 List to Sale Price per Sq Ft Prior Sale
03/17/2025 03/17/25 Sold $91,000 -4.2% $191 / Sq Ft
02/13/2025 02/13/25 For Sale $95,000 +15.9% $200 / Sq Ft
10/17/2022 10/17/22 Sold $82,000 -3.5% $216 / Sq Ft View Prior Sale
09/24/2022 09/24/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $85,000 -- $224 / 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: DESU2078792

Bright MLS