NOT LISTED FOR SALE

One Virginia Avenue 1 Virginia Ave Unit 406 Rehoboth Beach, DE 19971

Estimated Value: $876,000 - $1,119,000

2 Beds
2 Baths
-- Sq Ft
-- Built

Last Sold April 07, 2017

Last sale price $500,000

Est. 94% increase in value since last sale

Current estimated payment $5,308/month

Highlights

  • Ocean View
  • In Ground Pool
  • Contemporary Architecture
  • Rehoboth Elementary School Rated A
  • Waterfront
  • 4-minute walk to Lake Gerar Park

About This Home

As of April 2017

One Virginia's largest 2 bedroom unit. Southern exposure balcony. Fully furnished. Building is ocean front on boardwalk. Underground parking garage.

Last Agent to Sell the Property

JUDITH PROUSE

juprouse1@gmail.com Patterson-Schwartz-Rehoboth Listed on: 06/21/2013

Last Buyer's Agent

Ava Cannon

(302) 249-5620 ava@jacklingo.com Jack Lingo - Rehoboth License #RS-0016508

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,285

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Block Foundation
  • Rubber Roof
  • Masonry
  • Stucco

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Window Screens

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Water Access
  • Property is near an ocean
  • Balcony

Additional Features

  • Waterfront
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.14-14.00-406

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • One Virginia Ave Community
  • North Rehoboth Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,285

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Remarks Public: One Virginia's largest 2 bedroom unit. Southern exposure balcony. Fully furnished. Building is ocean front on boardwalk. Underground parking garage.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator
  • Entry Floor: 4
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Elevator
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Masonry, Stucco
  • Construction Completed: Yes
  • Pool Features: In Ground
  • Roof: Rubber
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 10300.00
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA: No
  • Community Pool Features: In Ground

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Outdoor Living Structures: Balcony
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 23800.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5196008
  • Tax Annual Amount: 1285.00
  • Assessor Parcel Number: 334-14.14-14.00-406
  • County Tax Payment Frequency: Annually
  • Close Date: 04/07/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2013
Closed on
Apr 3, 2017
Sold by
King-Jones Cecile J and Hornberger Mary E
Bought by
Silverman Melissa J and Silverman Robert M
Seller's Agent
JUDITH PROUSE
Patterson-Schwartz-Rehoboth
Buyer's Agent
Ava Cannon
Jack Lingo - Rehoboth
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$970,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,593
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Feb 3, 1992
Bought by
King-Jones Cecile Janet (Trustee) & Mary
Source: Public Records

Range of Values:

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Average Value
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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
Silverman Melissa J $500,000 --
King-Jones Cecile Janet (Trustee) & Mary -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $500,000 0.0% --
02/26/2017 02/26/17 Pending -- -- --
06/21/2013 06/21/13 For Sale $500,000 -- --
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 $1,947 $22,100 $0 $22,100
2024 $1,203 $22,100 $0 $22,100
2023 $1,202 $22,100 $0 $22,100
2022 $1,160 $22,100 $0 $22,100
2021 $1,149 $22,100 $0 $22,100
2020 $1,146 $22,100 $0 $22,100
2019 $1,147 $22,100 $0 $22,100
2018 $1,072 $24,400 $0 $0
2017 $1,026 $24,400 $0 $0
2016 $975 $24,400 $0 $0
2015 $931 $24,400 $0 $0
2014 $924 $24,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    JUDITH PROUSE

    Patterson Schwartz

  • Ava Cannon

    Buyer's Agent in 2017

    Ava Cannon

    Jack Lingo - Rehoboth

    (302) 249-5620

    58 in this area

    108 Total Sales

    Ava Cannon
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About One Virginia Avenue

Map

Source: Bright MLS

MLS Number: 1000974880

Bright MLS

APN: 334-14.14-14.00-406

Delaware Sussex County Rehoboth Beach 19971

1 Virginia Ave Unit 406, Rehoboth Beach, DE

This home is located at 1 Virginia Ave Unit 406, Rehoboth Beach, DE 19971 since 21 June 2013 and is currently estimated at $970,593. 1 Virginia Ave Unit 406 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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