$590,000
SOLD DEC 16, 2016

One Virginia Avenue 1 Virginia Ave Unit 407 Rehoboth Beach, DE 19971

2 Beds
2 Baths
-- Sq Ft
-- Built

Recently Sold

511 Days on Market

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 May 2022

Super clean w/new carpet and fresh paint throughout in this highly sought after 2bd/2ba condo with beautiful ocean views in Rehoboth's oceanfront residence.Condo fees include heat,A/C, water/sewer/outdoor pool.Sold furnished and NEVER rented. Secure locked building/parking garage.

Last Agent to Sell the Property

LISA NICOLETTI

Monument Sotheby's International Realty License #RS-0015464 Listed on: 05/22/2015

Monument Sotheby's International Realty

Last Buyer's Agent

Ava Cannon

Jack Lingo - Rehoboth License #RS-0016508

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,124

Lot Details

  • Waterfront

Parking

  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Rubber Roof
  • Masonry
  • Stucco

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Window Screens

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Poolside Lot

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-14.14-14.00-407

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,124

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: Super clean w/new carpet and fresh paint throughout in this highly sought after 2bd/2ba condo with beautiful ocean views in Rehoboth's oceanfront residence.Condo fees include heat,A/C, water/sewer/outdoor pool.Sold furnished and NEVER rented. Secure locked building/parking garage.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Refrigerator
  • Entry Floor: 4
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Window Treatments
  • 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: Assigned, 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: 9660.00
  • HOA Condo Co-Op Amenities: Cable, Elevator, Laundry Facilities, Reserved/Assigned Parking, Pool - Outdoor, Swimming Pool, Security
  • HOA: No

Schools

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

Lot Info

  • Lot Features: Poolside
  • Outdoor Living Structures: Balcony

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5196009
  • Assessor Parcel Number: 334-14.14-14.00-407
  • County Tax Payment Frequency: Annually
  • Close Date: 12/16/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2022
Closed on
May 4, 2022
Sold by
Stevens Michael L and Munno Elizabeth M
Bought by
Slack Nicholas C and Rosenfeld Sionne C
Seller's Agent
Ava Cannon
Jack Lingo - Rehoboth
Buyer's Agent
Brian Barrows
Monument Sotheby's International Realty
List Price
$937,000
Sold Price
$929,000
Premium/Discount to List
-$8,000
-0.85%
Current Estimated Value
$904,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,549
Avg. Annual Appreciation
-1.02%
Original Mortgage
$464,000
Outstanding Balance
$440,671
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$459,275

Purchase Details

Listed on
May 22, 2015
Closed on
Dec 12, 2016
Sold by
Scotland Road Llc
Bought by
Munno Elizabeth M and Stevens Michael L
Seller's Agent
LISA NICOLETTI
Monument Sotheby's International Realty
Buyer's Agent
Ava Cannon
Jack Lingo - Rehoboth
List Price
$590,000
Sold Price
$590,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%

Purchase Details

Closed on
Mar 20, 2002
Bought by
Scotland Road Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $929,000 None Listed On Document
Deed $590,000 None Available
Deed $495,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $464,000 New Conventional
Previous Owner $395,500 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $929,000 -0.9% $1,051 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/20/2022 03/20/22 For Sale $937,000 +58.8% $1,060 / Sq Ft
12/16/2016 12/16/16 Sold $590,000 0.0% --
10/14/2016 10/14/16 Pending -- -- --
05/22/2015 05/22/15 For Sale $590,000 -- --
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
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

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Map

Source: Bright MLS

MLS Number: 1001006486

Bright MLS

APN: 334-14.14-14.00-407