NOT LISTED FOR SALE

One Virginia Avenue 1 Virginia Ave Unit 516 Rehoboth Beach, DE 19971

Estimated Value: $607,012 - $834,000

1 Bed
1 Bath
-- Sq Ft
-- Built

Last Sold March 18, 2013

Last sale price $420,000

Est. 81% increase in value since last sale

Current estimated payment $4,318/month

227 Days on Market

Highlights

  • Ocean View
  • Beach
  • Private Pool
  • Rehoboth Elementary School Rated A
  • Water Access
  • 4-minute walk to Lake Gerar Park

About This Home

As of March 2013

Furnished one bedroom condo. Beautiful ocean views. Pool, sundeck, underground parking. Management on site. Rehoboth's premier building.

Last Agent to Sell the Property

JUDITH PROUSE

Patterson-Schwartz-Rehoboth Listed on: 06/22/2012

Last Buyer's Agent

JUDITH PROUSE

Patterson-Schwartz-Rehoboth Listed on: 06/22/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $996

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Block Foundation
  • Masonry
  • Stucco

Interior Spaces

  • Property has 1 Level
  • Furnished

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Water Access
  • Property is near an ocean
  • Balcony

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.14-14.00-510

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Beach
  • Community Pool

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Remarks Public: Furnished one bedroom condo. Beautiful ocean views. Pool, sundeck, underground parking. Management on site. Rehoboth's premier building.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 5
  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Construction Materials: Masonry, Stucco
  • Construction Completed: Yes
  • Roof: Flat
  • 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

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
  • HOA Condo Co-Op Amenities: Beach, Elevator, Laundry Facilities, Swimming Pool, Security
  • HOA: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Outdoor Living Structures: Balcony

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 16000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5196029
  • Assessor Parcel Number: 334-14.14-14.00-510
  • County Tax Payment Frequency: Annually
  • Close Date: 03/18/2013

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2020
Sold by
Whitney David M and Whitney Ann M
Bought by
David & Ann Whitney Ret
Current Estimated Value
$760,253

Purchase Details

Listed on
Jun 22, 2012
Closed on
Mar 8, 2013
Sold by
One Virginia Avenue Condominium Associat
Bought by
Whitney David M and Whitney Ann H
Seller's Agent
JUDITH PROUSE
Patterson-Schwartz-Rehoboth
Buyer's Agent
JUDITH PROUSE
Patterson-Schwartz-Rehoboth
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%

Purchase Details

Closed on
Jun 5, 2012
Sold by
Melody M Melody M
Bought by
One Virginia Avenue Condominium Assoc
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 Buyer Sale Price Title Company
David & Ann Whitney Ret -- None Available
Whitney David M -- None Available
Whitney David M $420,000 --
One Virginia Avenue Condominium Assoc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2013 03/18/13 Sold $420,000 0.0% --
02/04/2013 02/04/13 Pending -- -- --
06/22/2012 06/22/12 For Sale $420,000 -- --
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 $996 $18,300 $0 $18,300
2023 $995 $18,300 $0 $18,300
2022 $960 $18,300 $0 $18,300
2021 $951 $18,300 $0 $18,300
2020 $948 $18,300 $0 $18,300
2019 $950 $18,300 $0 $18,300
2018 $887 $20,200 $0 $0
2017 $849 $20,200 $0 $0
2016 $807 $20,200 $0 $0
2015 $771 $20,200 $0 $0
2014 $765 $20,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    JUDITH PROUSE

    Patterson Schwartz

See All Agents

About One Virginia Avenue

Map

Source: Bright MLS

MLS Number: 1000967038

Bright MLS

APN: 334-14.14-14.00-516

Delaware Sussex County Rehoboth Beach 19971

1 Virginia Ave Unit 516, Rehoboth Beach, DE

This home is located at 1 Virginia Ave Unit 516, Rehoboth Beach, DE 19971 since 22 June 2012 and is currently estimated at $760,253. 1 Virginia Ave Unit 516 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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