NOT LISTED FOR SALE

One Virginia Avenue 1 Virginia Ave Unit 603 Rehoboth Beach, DE 19971

Estimated Value: $508,176 - $813,000

1 Bed
1 Bath
540 Sq Ft
$135/mo HOA Fee

Last Sold November 01, 2016

Last sale price $399,000 $739 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,016/month

Highlights

  • Beach
  • Contemporary Architecture
  • Community Pool
  • Rehoboth Elementary School Rated A
  • Furnished
  • 4-minute walk to Lake Gerar Park

About This Home

As of November 2016

Fully furnished and spacious. Beautiful views of ocean and lake. Pool, sun deck, laundry, library, on-site management.

Last Agent to Sell the Property

JUDITH PROUSE

juprouse1@gmail.com Patterson-Schwartz-Rehoboth Listed on: 09/13/2016

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $717

Year Built

  • Built in 1974

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 6th floor
  • Block Foundation
  • Rubber Roof
  • Masonry
  • Stucco

Interior Spaces

  • 1 Full Bathroom
  • 540 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Screens
  • Tile or Brick Flooring
  • Monitored

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-14.14-14.00-603

Community Details

Overview

  • Mid-Rise Condominium
  • One Virginia Ave Community
  • North Rehoboth Subdivision

Recreation

  • Beach
  • Community Pool

Additional Features

  • Elevator
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$717

Year Built

Built in 1974

Lot Details

0

HOA Fees

$135 per month

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
  • Year Built: 1974
  • Remarks Public: Fully furnished and spacious. Beautiful views of ocean and lake. Pool, sun deck, laundry, library, on-site management.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Range Hood, Refrigerator
  • Entry Floor: 6
  • Flooring Type: Tile/Brick
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 540
  • Living Area Sq Ft: 540
  • Net Sq Ft: 540.00
  • Price Per Sq Ft: 738.89
  • Above Grade Finished Sq Ft: 540
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Stucco
  • Construction Completed: Yes
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Main Entrance Lock, Monitored
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1620.00
  • HOA Condo Co-Op Amenities: Beach, Cable, Elevator, Pool - Outdoor, Swimming Pool, Security
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5196039
  • Tax Annual Amount: 717.00
  • Assessor Parcel Number: 334-14.14-14.00-603
  • County Tax Payment Frequency: Annually
  • Close Date: 11/01/2016

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Lynch Mary and Wildey Paul
Bought by
Paul L Wildey Living Trust and Wildey
Current Estimated Value
$710,044

Purchase Details

Listed on
Sep 13, 2016
Closed on
Oct 31, 2016
Sold by
Davis George A and Davis Linda D
Bought by
Lynch Mary and Wildey Paul
Seller's Agent
JUDITH PROUSE
Patterson-Schwartz-Rehoboth
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$319,200
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2016
Sold by
Davis George A and Davis Linda D
Bought by
The George A Davis Iii And Linda A Davis

Purchase Details

Closed on
Mar 1, 1995
Bought by
Davis George A and Davis Linda D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Paul L Wildey Living Trust -- None Listed On Document
Lynch Mary $399,000 None Available
The George A Davis Iii And Linda A Davis -- None Available
Davis George A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lynch Mary $319,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2016 11/01/16 Sold $399,000 0.0% $739 / Sq Ft
09/17/2016 09/17/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $399,000 -- $739 / Sq Ft
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 $1,387 $13,550 $0 $13,550
2024 $737 $13,550 $0 $13,550
2023 $736 $13,550 $0 $13,550
2022 $711 $13,550 $0 $13,550
2021 $704 $13,550 $0 $13,550
2020 $702 $13,550 $0 $13,550
2019 $703 $13,550 $0 $13,550
2018 $657 $14,950 $0 $0
2017 $629 $14,950 $0 $0
2016 $597 $14,950 $0 $0
2015 $571 $14,950 $0 $0
2014 $566 $14,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    JUDITH PROUSE

    Patterson Schwartz

See All Agents

About One Virginia Avenue

Map

Source: Bright MLS

MLS Number: 1001199602

Bright MLS

APN: 334-14.14-14.00-603

Delaware Sussex County Rehoboth Beach 19971

1 Virginia Ave Unit 603, Rehoboth Beach, DE

This home is located at 1 Virginia Ave Unit 603, Rehoboth Beach, DE 19971 since 13 September 2016 and is currently estimated at $710,044, approximately $1,314 per square foot. This property was built in 1974. 1 Virginia Ave Unit 603 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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