NOT LISTED FOR SALE

1 Swedes St Unit 8 Dewey Beach, DE 19971

Estimated Value: $596,000 - $929,000

2 Beds
1 Bath
720 Sq Ft
$233/mo HOA Fee

Last Sold February 22, 2022

Last sale price $660,000 $917 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,543/month

67 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Ocean View
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • 0.23 Acre Lot
  • Main Floor Bedroom

About This Home

As of February 2022

Rarely Available in the oceanfront Royal Beachcomber building. Ocean views and just a few steps to the sand and water. Top floor two-bedroom condo conveys furnished and ready to enjoy. The complex provides outdoor showers and a laundry area. This would make a great rental property or enjoy as a 2nd home. Right in the heart of beautiful Dewey Beach within walking distance to area restaurants and shopping. Take a bike ride or stroll into downtown Rehoboth Beach along beautiful Silver Lake. Watch the sunrise from your deck sipping a cup of coffee and the gorgeous sunrise over the ocean while sipping a beverage of choice. Sleep to the sounds of the ocean, walk the beach searching for shells and enjoy the dolphins romp and play. Low condo fees and taxes are only $569/year.
1 Swedes St #8 is Waiting for you!

Last Agent to Sell the Property

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 11/01/2021

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Vince DiPietro

Northrop Realty License #RS-0026203

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $569

Year Built

  • Built in 1964

Lot Details

  • 100 Feet of Waterfront
  • Home fronts navigable water

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • 1 Off-Street Space

Home Design

  • Stucco

Interior Spaces

  • 720 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Balcony

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-20.14-231.00-8

Community Details

Overview

  • Low-Rise Condominium
  • Beachcomber Community

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$569

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: Fee Simple
  • Exclusions: Snowmen paintings, personal items.
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Remarks Public: Rarely Available in the oceanfront Royal Beachcomber building. Ocean views and just a few steps to the sand and water. Top floor two-bedroom condo conveys furnished and ready to enjoy. The complex provides outdoor showers and a laundry area. This would make a great rental property or enjoy as a 2nd home. Right in the heart of beautiful Dewey Beach within walking distance to area restaurants and shopping. Take a bike ride or stroll into downtown Rehoboth Beach along beautiful Silver Lake. Watch the sunrise from your deck sipping a cup of coffee and the gorgeous sunrise over the ocean while sipping a beverage of choice. Sleep to the sounds of the ocean, walk the beach searching for shells and enjoy the dolphins romp and play. Low condo fees and taxes are only $569/year. 1 Swedes St #8 is Waiting for you!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Window Treatments
  • Window Features: Storm, Screens
  • Door Features: Storm
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1
  • Basement: No
  • Total Sq Ft: 720
  • Living Area Sq Ft: 720
  • Price Per Sq Ft: 1013.75
  • 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: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Outside Shower
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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: 700.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA: No
  • Senior Community: 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 Size Acres: 0.23
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5204234
  • School Tax: 458.00
  • Tax Annual Amount: 569.00
  • Assessor Parcel Number: 334-20.14-231.00-8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/22/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Feb 22, 2022
Sold by
Julianne Tankersley
Bought by
Brand Irving Russell and Brand Mary Elizabeth
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Vince DiPietro
Northrop Realty
List Price
$729,900
Sold Price
$660,000
Premium/Discount to List
-$69,900
-9.58%
Current Estimated Value
$770,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,492
Avg. Annual Appreciation
4.38%
Original Mortgage
$490,000
Outstanding Balance
$459,304
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$307,155
Source: Public Records

Range of Values:

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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
Brand Irving Russell $660,000 Hudson Jones Jaywork & Fisher
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brand Irving Russell $490,000
Previous Owner Tankersley Julianne $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $660,000 -9.6% $917 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
11/01/2021 11/01/21 For Sale $729,900 -- $1,014 / 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 $1,095 $10,750 $0 $10,750
2023 $1,094 $10,750 $0 $10,750
2022 $1,067 $10,750 $0 $10,750
2021 $1,060 $10,750 $0 $10,750
2020 $1,057 $10,750 $0 $10,750
2019 $1,037 $10,750 $0 $10,750
2018 $692 $15,750 $0 $0
2017 $662 $15,750 $0 $0
2016 $658 $15,750 $0 $0
2015 $630 $15,750 $0 $0
2014 $625 $15,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Ann Wilkinson

    Seller's Agent in 2022

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 278-6726

    12 in this area

    1,923 Total Sales

    Section Image
  • Vince DiPietro

    Buyer's Agent in 2022

    Vince DiPietro

    Creig Northrop Team of Long & Foster

    (302) 667-0402

    4 in this area

    115 Total Sales

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Map

Source: Bright MLS

MLS Number: DESU2008686

Bright MLS

APN: 334-20.14-231.00-8

Delaware Sussex County Dewey Beach 19971

1 Swedes St Unit 8, Dewey Beach, DE

This home is located at 1 Swedes St Unit 8, Dewey Beach, DE 19971 since 01 November 2021 and is currently estimated at $757,317, approximately $1,051 per square foot. This property was built in 1964. 1 Swedes St Unit 8 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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