One Virginia Avenue 1 Virginia Ave Unit 307 Rehoboth Beach, DE 19971
Estimated Value: $746,000 - $1,079,000
2
Beds
2
Baths
--
Sq Ft
$1,114/mo
HOA Fee
Highlights
- Ocean View
- Penthouse
- Main Floor Bedroom
- Rehoboth Elementary School Rated A
- 0.91 Acre Lot
- 4-minute walk to Lake Gerar Park
About This Home
As of June 2023Atlantic Ocean and boardwalk unobstructed views. Balcony w/view of the beach and boards. This totally renovated unit is being sold furnished. 2019 guest bathroom, 2020 Master bedroom,. 2021 kitchen, living room and bedrooms renovated. Flooring installed is luxury vinyl plank. The kitchen remodel included new cabinets, back splash and appliances. New furniture was added in living room. The guest bedroom has two double beds. Master bedroom has gorgeous en suite bath. Sold with solid rental bookings for the summer of 2023. New swimming pool installed in 2022. Seller has paid the assessment for the pool. This rarely offered unit has secure access and monitoring, outdoor showers, beautiful new pool, private underground parking. Park your car and walk to the many restaurants and shops.
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. License #RS-0020701 Listed on: 04/10/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,335
Year Built
- Built in 1974 | Remodeled in 2021
Lot Details
- Extensive Hardscape
- Property is in excellent condition
HOA Fees
- $1,114 Monthly HOA Fees
Parking
Property Views
Home Design
- Penthouse
Interior Spaces
- Furnished
- Ceiling Fan
- Insulated Windows
- Sliding Windows
- Window Screens
- Sliding Doors
- Open Floorplan
- Dining Area
- Exterior Cameras
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Outdoor Shower
- Balcony
- Exterior Lighting
Utilities
- 90% Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-14.14-14.00-307
Community Details
Overview
- Association fees include air conditioning, common area maintenance, exterior building maintenance, heat, laundry, pool(s)
- Mid-Rise Condominium
- One Virginia Avenue Condo Association Condos, Phone Number (302) 227-9533
- One Virginia Ave Community
- Property Manager
- Property has 7 Levels
Amenities
- Community Library
- Laundry Facilities
- Community Storage Space
- Elevator
Recreation
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Security
- Security Service
- Front Desk in Lobby
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2023
Closed on
Jun 16, 2023
Sold by
Harrison Robert J
Bought by
Lougheed Denise and Lougheed William
Seller's Agent
ANN MARIE FENTRESS
Long & Foster Real Estate, Inc.
Buyer's Agent
Chris Lougheed
RE/MAX Point Realty
List Price
$1,100,000
Sold Price
$985,000
Premium/Discount to List
-$115,000
-10.45%
Views
223
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
-$71,897
Avg. Annual Appreciation
-4.70%
Purchase Details
Listed on
Aug 13, 2013
Closed on
Oct 14, 2015
Sold by
Bacon Hoyt W
Bought by
Frock Neil E and Harrison Robert J
Seller's Agent
JUDITH PROUSE
Patterson-Schwartz-Rehoboth
Buyer's Agent
ANN MARIE FENTRESS
Long & Foster Real Estate, Inc.
List Price
$570,000
Sold Price
$570,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Similar Homes in Rehoboth Beach, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lougheed Denise | $985,000 | None Listed On Document | |
| Frock Neil E | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2023 06/16/23 | Sold | $985,000 | -10.5% | -- |
| 06/01/2023 06/01/23 | Pending | -- | -- | -- |
| 04/10/2023 04/10/23 | For Sale | $1,100,000 | +93.0% | -- |
| 11/13/2015 11/13/15 | Sold | $570,000 | 0.0% | -- |
| 09/20/2015 09/20/15 | Pending | -- | -- | -- |
| 08/13/2013 08/13/13 | For Sale | $570,000 | -- | -- |
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 | $1,099 | $20,200 | $0 | $20,200 |
| 2023 | $1,098 | $20,200 | $0 | $20,200 |
| 2022 | $1,060 | $20,200 | $0 | $20,200 |
| 2021 | $1,050 | $20,200 | $0 | $20,200 |
| 2020 | $1,047 | $20,200 | $0 | $20,200 |
| 2019 | $1,048 | $20,200 | $0 | $20,200 |
| 2018 | $979 | $22,300 | $0 | $0 |
| 2017 | $938 | $22,300 | $0 | $0 |
| 2016 | $891 | $22,300 | $0 | $0 |
| 2015 | $851 | $22,300 | $0 | $0 |
| 2014 | $845 | $22,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
ANN MARIE FENTRESS
A
Seller's Agent in 2023
ANN MARIE FENTRESS
Long & Foster
(443) 864-6555
9 in this area
20 Total Sales
-
Chris Lougheed
Buyer's Agent in 2023
Chris Lougheed
RE/MAX
(302) 593-2055
5 in this area
27 Total Sales
-
J
Seller's Agent in 2015
JUDITH PROUSE
Patterson Schwartz
About One Virginia Avenue
Map
Source: Bright MLS
MLS Number: DESU2039250
APN: 334-14.14-14.00-307
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