One Virginia Avenue 1 Virginia Ave Unit 206 Rehoboth Beach, DE 19971
2
Beds
2
Baths
942
Sq Ft
$808/mo
HOA Fee
Highlights
- Ocean View
- Water Access
- Wood Flooring
- Rehoboth Elementary School Rated A
- In Ground Pool
- 4-minute walk to Lake Gerar Park
About This Home
As of October 2022YOU WON'T BELIEVE THE TRANSFORMATION OF THIS GREAT CONDO! New hardwood flooring, new furniture, new paint, new bedding, new window treatment, & updated kitchen. Lowest priced 2 bedroom, 2 bath condo in 1 Virginia. So close to the beach, you can hear the sound of crashing waves as you sit on your balcony. No place on the beach to put your blanket, then enjoy the pool, just a few steps from your condo. When day is done, enjoy a glass of wine or iced sweet tea on your balcony, or visit the library/game room/meeting room which is a cozy room adjacent to the lobby. After dinner, enjoy a leisurely walk to downtown Rehoboth. Visit the unique stores that line Rehoboth Avenue & end the day with ice cream from the beach vendors. Coming back home, the elevator will whisk you up to your wonderful condo, or you can get a little exercise by using the private back stairwell. Fully furnished, tastefully decorated, & ready for you to enjoy. Don't miss seeing your beach retreat!
Last Agent to Sell the Property
Jack Lingo - Rehoboth License #RA0001681 Listed on: 04/20/2016
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,095
Year Built
- Built in 1974
HOA Fees
- $808 Monthly HOA Fees
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Masonry
- Stucco
Interior Spaces
- 942 Sq Ft Home
- Property has 1 Level
- Furnished
- Insulated Windows
- Window Treatments
- Window Screens
- Insulated Doors
- Living Room
- Combination Kitchen and Dining Room
Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile or Brick
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Parking
- 1 Parking Space Included
- Assigned Parking
Outdoor Features
- In Ground Pool
- Water Access
- Balcony
Location
- Flood Risk
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Assessor Parcel Number 334-14.14-14.00-206
Community Details
Overview
- High-Rise Condominium
- One Virginia Ave Community
- North Rehoboth Subdivision
Amenities
- Party Room
- Laundry Facilities
- Elevator
Recreation
- Community Pool
Additional Features
- Trash Expense $275
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2022
Closed on
Oct 31, 2022
Sold by
Wagner David M
Bought by
Ban Michael Kim and Ban Susan Lee
Seller's Agent
Mike Kogler Team
Long & Foster Real Estate, Inc.
Buyer's Agent
Dustin Oldfather
Compass
List Price
$999,000
Sold Price
$975,000
Premium/Discount to List
-$24,000
-2.4%
Views
105
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,446
Avg. Annual Appreciation
0.52%
Original Mortgage
$716,000
Outstanding Balance
$690,665
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$298,425
Purchase Details
Listed on
Apr 20, 2016
Closed on
Aug 3, 2016
Sold by
Haley Edward F and Haley Shirley A
Bought by
Wagner David M and Wagner Dolores M
Seller's Agent
Shirley Kalvinsky
Jack Lingo - Rehoboth
Buyer's Agent
Julie Canard
Long & Foster Real Estate, Inc.
List Price
$575,000
Sold Price
$555,000
Premium/Discount to List
-$20,000
-3.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Purchase Details
Closed on
Dec 19, 1997
Bought by
Haley Edward F and Haley Shirley A
Similar Homes in Rehoboth Beach, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $975,000 | -- | |
| Deed | $555,000 | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $716,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2022 10/31/22 | Sold | $975,000 | -2.4% | $1,035 / Sq Ft |
| 08/24/2022 08/24/22 | For Sale | $999,000 | +80.0% | $1,061 / Sq Ft |
| 06/30/2016 06/30/16 | Sold | $555,000 | -3.5% | $589 / Sq Ft |
| 05/21/2016 05/21/16 | Pending | -- | -- | -- |
| 04/20/2016 04/20/16 | For Sale | $575,000 | -- | $610 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,124 | $20,650 | $0 | $20,650 |
| 2023 | $1,123 | $20,650 | $0 | $20,650 |
| 2022 | $1,084 | $20,650 | $0 | $20,650 |
| 2021 | $1,074 | $20,650 | $0 | $20,650 |
| 2020 | $1,070 | $20,650 | $0 | $20,650 |
| 2019 | $1,072 | $20,650 | $0 | $20,650 |
| 2018 | $1,001 | $22,800 | $0 | $0 |
| 2017 | $959 | $22,800 | $0 | $0 |
| 2016 | $911 | $22,800 | $0 | $0 |
| 2015 | $870 | $22,800 | $0 | $0 |
| 2014 | $864 | $22,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Mike Kogler Team
Long & Foster
(302) 227-2541
38 in this area
100 Total Sales
-
C
Seller Co-Listing Agent in 2022
CAROL LAZZARA
Long & Foster
(401) 952-3902
19 in this area
31 Total Sales
-
Buyer's Agent in 2022
Dustin Oldfather
Compass
(302) 249-5899
115 in this area
1,509 Total Sales
-
Buyer Co-Listing Agent in 2022
Jessse Westwood
Compass
(302) 258-4227
5 in this area
59 Total Sales
-
Seller's Agent in 2016
Shirley Kalvinsky
Jack Lingo - Rehoboth
(302) 227-3883
39 in this area
82 Total Sales
-
Seller Co-Listing Agent in 2016
Randy Mason
Jack Lingo - Rehoboth
(302) 236-1142
86 in this area
115 Total Sales
About One Virginia Avenue
Map
Source: Bright MLS
MLS Number: 1001016502
APN: 334-14.14-14.00-206
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