One Virginia Avenue 1 Virginia Ave Unit 206 Rehoboth Beach, DE 19971
2
Beds
2
Baths
942
Sq Ft
$937/mo
HOA Fee
Highlights
- Doorman
- Ocean View
- Water Access
- Rehoboth Elementary School Rated A
- Home fronts navigable water
- 4-minute walk to Lake Gerar Park
About This Home
As of October 2022Meticulously renovated 2 bedroom/2 bath end-unit with washer/dryer, in Rehoboth’s Premier Oceanfront Building-One Virginia Ave. Direct ocean views are achieved from all living areas and balcony. This turnkey renovation features an open concept gourmet kitchen, wide plank luxury vinyl flooring, custom tilework, quartz countertops, stainless steel appliances, recessed lighting, custom doors and woodwork, glass tile backsplash, induction cooktop oven, Hunter Douglas shades, custom built-ins, and an abundance of storage. Located on one of the best beaches on the east coast! The most desirable in-town location on Rehoboth’s famous boardwalk. Pristine/turnkey unit in a building that provides secure access and monitoring, outdoor showers, a stunning new pool, private underground parking, & elevators. Park your car and walk to the many restaurants and shops in-town Rehoboth. Just steps to the sand and surf! This expertly sited unit is convenient to Gordons Pond State Park and the Breakwater Junction hiking and bike trails. The perfect year-round private beach retreat designed for relaxed living and ultimate enjoyment for family and friends. Call for an appointment today!
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. License #RS-0016259 Listed on: 08/24/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,410
Year Built
- Built in 1974
Lot Details
- Building is oceanfront but unit may not have water views
- Home fronts navigable water
- Property is in excellent condition
HOA Fees
- $937 Monthly HOA Fees
Parking
- Private Parking
- Parking Lot
- Secure Parking
Home Design
- Coastal Architecture
Interior Spaces
- 942 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Built-In Features
- Ceiling Fan
- Double Pane Windows
- Sliding Windows
- Window Screens
- Combination Dining and Living Room
- Exterior Cameras
Kitchen
- Gourmet Kitchen
- Electric Oven or Range
- Self-Cleaning Oven
- Stove
- Down Draft Cooktop
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Stacked Electric Washer and Dryer
Outdoor Features
- Outdoor Shower
- Water Access
- Property is near an ocean
- Outdoor Storage
Utilities
- Heating Available
- Electric Water Heater
- Municipal Trash
- Phone Available
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Flood Risk
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-14.14-14.00-206
Community Details
Overview
- $1,000 Capital Contribution Fee
- Association fees include pool(s), trash
- Building Winterized
- Mid-Rise Condominium
- One Virginia Condos, Phone Number (302) 242-6669
- One Virginia Ave Community
- North Rehoboth Subdivision
- Property Manager
Amenities
- Doorman
- Laundry Facilities
Recreation
- Community Pool
Pet Policy
- Pets allowed on a case-by-case basis
Security
- Resident Manager or Management On Site
- Fire and Smoke Detector
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
1,512 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
85 in this area
114 Total Sales
About One Virginia Avenue
Map
Source: Bright MLS
MLS Number: DESU2027842
APN: 334-14.14-14.00-206
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