NOT LISTED FOR SALE

1 Swedes St Unit 2 Dewey Beach, DE 19971

Estimated Value: $757,061 - $970,000

2 Beds
1.5 Baths
720 Sq Ft
$233/mo HOA Fee

Last Sold September 07, 2018

Last sale price $575,000 $799 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,961/month

23 Days on Market

Highlights

  • Ocean View
  • Primary bedroom faces the ocean
  • Sandy Beach
  • Rehoboth Elementary School Rated A
  • Beach
  • Water Oriented

About This Home

As of September 2018

You're either oceanfront or you're not. Rarely offered end unit oceanfront two bedroom condo overlooking the Atlantic Ocean in Dewey Beach. Southern top-floor unit has expansive views of the surf and sand. Winterized building so you can enjoy the views all year long. The Beachcomber is a solidly built 10 unit building with owner storage, two outdoor showers and assigned covered parking. One bedroom with half bath overlooks the ocean and has balcony access. Balcony access also from the main living area so you can enjoy the panoramic ocean vistas. Rented throughout shoulder season. Make it your home, make it your investment.

Last Listed By

Ava Cannon

Jack Lingo - Rehoboth License #RS-0016508 Listed on: 07/30/2018

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $902

Year Built

  • Built in 1964

Lot Details

  • Sandy Beach
  • 1 Common Wall
  • Property is in good condition

HOA Fees

  • $233 Monthly HOA Fees

Home Design

  • Rubber Roof
  • Piling Construction
  • Stucco

Interior Spaces

  • 720 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Double Pane Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Ocean Views
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Balcony
  • Deck
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Risk

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot -2
  • Assessor Parcel Number 334-20.14-231.00-2

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, trash, reserve funds, gas
  • 10 Units
  • Beachcomber HOA
  • Low-Rise Condominium
  • Beachcomber Community

Amenities

  • Common Area
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Beach
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$902

Year Built

Built in 1964

Lot Details

0

HOA Fees

$233 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: Condominium
  • Historic: No
  • Inclusions: Property being sold furnished and turn-key
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1964
  • Remarks Public: You're either oceanfront or you're not. Rarely offered end unit oceanfront two bedroom condo overlooking the Atlantic Ocean in Dewey Beach. Southern top-floor unit has expansive views of the surf and sand. Winterized building so you can enjoy the views all year long. The Beachcomber is a solidly built 10 unit building with owner storage, two outdoor showers and assigned covered parking. One bedroom with half bath overlooks the ocean and has balcony access. Balcony access also from the main living area so you can enjoy the panoramic ocean vistas. Rented throughout shoulder season. Make it your home, make it your investment.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator
  • Entry Floor: 2
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Flat, Floor Plan - Open, Family Room Off Kitchen, Kitchen - Eat-In, Primary Bedroom - Ocean Front
  • Window Features: Double Pane
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Masonry
  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 720
  • Living Area Sq Ft: 720
  • Price Per Sq Ft: 827.08
  • Above Grade Finished Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Stucco
  • Construction Completed: No
  • Exterior Features: Bbq Grill, Exterior Lighting, Outside Shower, Secure Storage
  • Roof: Rubber
  • View: Ocean
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Carport Spaces: 1
  • Garage: No
  • Parking Features: Assigned, Under Home Parking
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot, Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 700.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Laundry Facilities, Beach, Common Grounds, Jog/Walk Path, Reserved/Assigned Parking, Storage Bin
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Trash, Reserve Funds, Gas
  • HOA Name: BEACHCOMBER HOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Deck(s)
  • Property Condition: Good
  • Zoning: Q
  • In City Limits: Yes

Green Features

  • R Factor Ceilings: R-30
  • R Factor Ext Walls: R-19

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 50000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • School Tax: 737.00
  • Tax Annual Amount: 902.00
  • Assessor Parcel Number: 334-20.14-231.00-2
  • Tax Lot: -2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 09/07/2018

Multi Family

  • Federal Flood Zone: AO
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2018
Closed on
Sep 7, 2018
Sold by
Ourand John C and Fox Thomas A
Bought by
Hunt James W and Hunt Lisa K
Seller's Agent
Ava Cannon
Jack Lingo - Rehoboth
Buyer's Agent
Bridget Touhey
Long & Foster Real Estate, Inc.
List Price
$595,500
Sold Price
$575,000
Premium/Discount to List
-$20,500
-3.44%
Total Days on Market
23
Current Estimated Value
$833,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,515
Avg. Annual Appreciation
5.72%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hunt James W $575,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $575,000 -3.4% $799 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $595,500 -- $827 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,285 $14,600 $0 $14,600
2023 $1,284 $14,600 $0 $14,600
2022 $1,250 $14,600 $0 $14,600
2021 $1,242 $14,600 $0 $14,600
2020 $1,238 $14,600 $0 $14,600
2019 $357 $14,600 $0 $14,600
2018 $861 $19,600 $0 $0
2017 $824 $19,600 $0 $0
2016 $811 $19,600 $0 $0
2015 $777 $19,600 $0 $0
2014 $771 $19,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: 1002123280

Bright MLS

APN: 334-20.14-231.00-2