NOT LISTED FOR SALE

One Virginia Avenue 1 Virginia Ave Unit 403 Rehoboth Beach, DE 19971

Estimated Value: $779,379 - $891,000

2 Beds
1 Bath
-- Sq Ft
$878/mo HOA Fee

Last Sold September 16, 2022

Last sale price $800,000

Est. 6% increase in value since last sale

Current estimated payment $5,523/month

Highlights

  • Open Floorplan
  • Coastal Architecture
  • Furnished
  • Rehoboth Elementary School Rated A
  • Premium Lot
  • 4-minute walk to Lake Gerar Park

About This Home

As of September 2022

Rarely-offered Coastal Sanctuary in Rehoboth’s Premier Oceanfront Building-One Virginia. Direct ocean views from the main living areas and the balcony. Located on one of the best beaches on the east coast! The most desirable in-town location on Rehoboth’s famous boardwalk. Pristine turnkey 2 bedroom, 1 bath 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! The premier location 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

Mike Kogler Team

(302) 227-2541 michael.kogler@LNF.com Long & Foster Real Estate, Inc. License #RS-0016259 Listed on: 07/01/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mike Kogler Team

(302) 227-2541 michael.kogler@LNF.com Long & Foster Real Estate, Inc. License #RS-0016259 Listed on: 07/01/2022

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 1974

Lot Details

  • South Facing Home
  • Landscaped
  • Property is in very good condition

HOA Fees

  • $878 Monthly HOA Fees

Parking

  • Private Parking
  • Parking Lot
  • Unassigned Parking
  • Secure Parking

Home Design

  • Coastal Architecture
  • Entry on the 4th floor

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Monitored
  • Upgraded Countertops
  • Laundry on main level

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Outdoor Shower
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Heating Available
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-14.14-14.00-403

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include pool(s), trash
  • Mid-Rise Condominium
  • One Virginia Condos
  • One Virginia Ave Community
  • South Rehoboth Subdivision
  • Property Manager

Amenities

  • Laundry Facilities
  • 2 Elevators

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,181

Year Built

Built in 1974

Lot Details

0

HOA Fees

$878 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: Sold fully furnished .
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Remarks Public: Rarely-offered Coastal Sanctuary in Rehoboth’s Premier Oceanfront Building-One Virginia. Direct ocean views from the main living areas and the balcony. Located on one of the best beaches on the east coast! The most desirable in-town location on Rehoboth’s famous boardwalk. Pristine turnkey 2 bedroom, 1 bath 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! The premier location 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!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Carpet, Combination Dining/Living, Elevator, Floor Plan - Open, Tub Shower, Upgraded Countertops
  • Fireplace: No
  • Elevators Count: 2
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Great Room
  • Basement: No
  • Laundry Type: Common, Main Floor
  • 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
  • Exterior Features: Exterior Lighting, Outside Shower
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Parking, Private, Secure Parking, Unassigned
  • Garage Features: Underground, Inside Access
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Security: Desk In Lobby, Main Entrance Lock, Monitored, Resident Manager
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Electric Available, Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2633.12
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: One Virginia
  • HOA Condo Co-Op Amenities: Laundry Facilities, Pool - Outdoor, Elevator
  • HOA Condo Co-Op Fee Includes: Pool(s), Trash
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 17350.00
  • Land Assessed Value: 1800.00
  • Land Use Code: RC
  • Lot Features: Premium, Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5196005
  • School Tax: 817.00
  • Tax Annual Amount: 1181.00
  • Assessor Parcel Number: 334-14.14-14.00-403
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/16/2022

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 9, 2022
Sold by
Tassara Family Trust
Bought by
Hower Lisa Ann
Seller's Agent
Mike Kogler Team
Long & Foster Real Estate, Inc.
Buyer's Agent
Mike Kogler Team
Long & Foster Real Estate, Inc.
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Views
31
Current Estimated Value
$850,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,845
Avg. Annual Appreciation
2.05%
Original Mortgage
$486,000
Outstanding Balance
$464,204
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$386,641

Purchase Details

Closed on
Sep 2, 2010
Bought by
Tassara Lusi Angel and Nuri Oromi Tas

Purchase Details

Closed on
Aug 30, 2010
Bought by
Tassara Lusi Angel and Nuri Oromi Tas
Source: Public Records

Range of Values:

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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
Hower Lisa Ann $800,000 --
Tassara Lusi Angel -- --
Tassara Lusi Angel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hower Lisa Ann $486,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $800,000 -3.0% --
08/13/2022 08/13/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $825,000 -- --
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
2025 $1,609 $17,350 $0 $17,350
2024 $944 $17,350 $0 $17,350
2023 $943 $17,350 $0 $17,350
2022 $910 $17,350 $0 $17,350
2021 $902 $17,350 $0 $17,350
2020 $899 $17,350 $0 $17,350
2019 $900 $17,350 $0 $17,350
2018 $841 $19,150 $0 $0
2017 $805 $19,150 $0 $0
2016 $765 $19,150 $0 $0
2015 $731 $19,150 $0 $0
2014 $726 $19,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Kogler Team

    Seller's Agent in 2022

    Mike Kogler Team

    Long & Foster

    (302) 227-2541

    37 in this area

    96 Total Sales

    Mike Kogler Team
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About One Virginia Avenue

Map

Source: Bright MLS

MLS Number: DESU2023762

Bright MLS

APN: 334-14.14-14.00-403

Delaware Sussex County Rehoboth Beach 19971

1 Virginia Ave Unit 403, Rehoboth Beach, DE

This home is located at 1 Virginia Ave Unit 403, Rehoboth Beach, DE 19971 since 01 July 2022 and is currently estimated at $850,845. This property was built in 1974. 1 Virginia Ave Unit 403 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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