Seller's Agent in 2025
Bill Cullin
Long & Foster
(302) 841-7147
74 in this area
196 Total Sales
One Virginia Avenue 1 Virginia Ave Unit 802 Rehoboth Beach, DE 19971
Estimated Value: $1,088,000 - $1,123,000
2
Beds
2
Baths
942
Sq Ft
$1,266/mo
HOA Fee
Highlights
- Ocean Front
- Beach
- Public Beach
- Rehoboth Elementary School Rated A
- Water Access
- 4-minute walk to Lake Gerar Park
About This Home
As of January 2025Rarely offered penthouse condo in One Virginia Avenue offering 2 Balconies, 2-Bedrooms 2-Bathrooms, and Unobstructed Views of the Atlantic Ocean. Other features include an Updated Kitchen with Luxury Vinyl Floor, Quartz Counter Tops, Stainless Steel Appliances, Dining Area, Updated Bathrooms, Primary Bedroom with Bath Ensuite, and being Sold Turnkey, Fully Furnished and Ready to Move-in. One Virginia’s Condominium fees include Heat, Central A/C, Sewer, Water, Flood Insurance, the Maintenance of the Exterior of the Building, On-Site Management, Elevators, and the Outdoor Pool. All of this is Conveniently located Oceanfront Overlooking the Beach, Boardwalk, Lake Gerar, and close to dining, shopping and all the entertainment downtown Rehoboth Beach has to offer.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,663
Year Built
- Built in 1973
Lot Details
- Ocean Front
- Home fronts navigable water
- Public Beach
- Two or More Common Walls
- Extensive Hardscape
HOA Fees
- $1,266 Monthly HOA Fees
Parking
- Basement Garage
- Parking Space Conveys
Property Views
Home Design
- Penthouse
- Contemporary Architecture
- Flat Roof Shape
- Slab Foundation
- Poured Concrete
- Advanced Framing
- Masonry
- Stucco
Interior Spaces
- 942 Sq Ft Home
- Property has 1 Level
- Furnished
- Ceiling Fan
- Insulated Windows
- Window Treatments
- Window Screens
- Insulated Doors
- Living Room
- Basement
- Garage Access
- Intercom
Kitchen
- Electric Oven or Range
- Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile or Brick
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Outdoor Features
- Water Access
- Property is near an ocean
- Multiple Balconies
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
- Electric Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Flood Risk
Listing and Financial Details
- Assessor Parcel Number 334-14.14-14.00-802
Community Details
Overview
- $1,000 Capital Contribution Fee
- Association fees include pool(s), laundry, common area maintenance, water, sewer
- Mid-Rise Condominium
- One Virginia Ave Community
- North Rehoboth Subdivision
- Property Manager
Amenities
- Laundry Facilities
Recreation
- Beach
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2025
Closed on
Jan 9, 2025
Sold by
Bruce F Powers Revocable Trust and Phyllis M Powers Revocable Trust
Bought by
Rosenfeld Sheera Beth and Gwathmey David A
Seller's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
Buyer's Agent
Adam Linder
Northrop Realty
List Price
$1,175,000
Sold Price
$1,100,000
Premium/Discount to List
-$75,000
-6.38%
Total Days on Market
0
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,351
Avg. Annual Appreciation
1.58%
Original Mortgage
$746,250
Outstanding Balance
$744,334
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$361,017
Purchase Details
Listed on
Sep 22, 2018
Closed on
Nov 28, 2018
Sold by
Smull Richard N and Smull Ann L
Bought by
Bruce F Powers Ret
Seller's Agent
JUDITH PROUSE
Patterson-Schwartz-Rehoboth
Buyer's Agent
JUDITH PROUSE
Patterson-Schwartz-Rehoboth
List Price
$850,000
Sold Price
$820,000
Premium/Discount to List
-$30,000
-3.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$225,000
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rosenfeld Sheera Beth | $1,100,000 | None Listed On Document | |
| Bruce F Powers Ret | $820,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rosenfeld Sheera Beth | $746,250 | |
| Previous Owner | Bruce F Powers Ret | $225,000 | |
| Previous Owner | Bruce F Powers Ret | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2025 01/10/25 | Sold | $1,100,000 | -6.4% | $1,168 / Sq Ft |
| 01/10/2025 01/10/25 | Pending | -- | -- | -- |
| 01/10/2025 01/10/25 | For Sale | $1,175,000 | +43.3% | $1,247 / Sq Ft |
| 11/28/2018 11/28/18 | Sold | $820,000 | -3.5% | -- |
| 10/10/2018 10/10/18 | Pending | -- | -- | -- |
| 09/22/2018 09/22/18 | For Sale | $850,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,279 | $23,500 | $0 | $23,500 |
| 2023 | $1,278 | $23,500 | $0 | $23,500 |
| 2022 | $1,233 | $23,500 | $0 | $23,500 |
| 2021 | $1,222 | $23,500 | $0 | $23,500 |
| 2020 | $1,218 | $23,500 | $0 | $23,500 |
| 2019 | $1,220 | $23,500 | $0 | $23,500 |
| 2018 | $1,140 | $25,950 | $0 | $0 |
| 2017 | $1,091 | $25,950 | $0 | $0 |
| 2016 | $1,037 | $25,950 | $0 | $0 |
| 2015 | $990 | $25,950 | $0 | $0 |
| 2014 | $983 | $25,950 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Cullin
-
Adam Linder
Buyer's Agent in 2025
Adam Linder
Creig Northrop Team of Long & Foster
(302) 519-8894
42 in this area
117 Total Sales
-
J
Seller's Agent in 2018
JUDITH PROUSE
Patterson Schwartz
About One Virginia Avenue
Map
Similar Homes in Rehoboth Beach, DE
Source: Bright MLS
MLS Number: DESU2076910
APN: 334-14.14-14.00-802
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