NOT LISTED FOR SALE

One Virginia Avenue 1 Virginia Ave Unit 802 Rehoboth Beach, DE 19971

Estimated Value: $1,107,000 - $1,299,000

2 Beds
2 Baths
942 Sq Ft
$1,266/mo HOA Fee

Last Sold January 10, 2025

Last sale price $1,100,000 $1,168 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,556/month

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 2025

Rarely 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.

Last Agent to Sell the Property

Bill Cullin

(302) 841-7147 bill.cullin@longandfoster.com Long & Foster Real Estate, Inc. License #RS0018675 Listed on: 01/10/2025

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Adam Linder

(302) 519-8894 adamlinder@northroprealty.com Northrop Realty License #RS-0022116

Northrop Realty

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
  • Entry on the 8th floor
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,663

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,266 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Remarks Public: Rarely 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.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Range Hood, Refrigerator
  • Entry Floor: 8
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Elevator, Intercom, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Garage Access, Poured Concrete
  • Laundry Type: Common
  • Total Sq Ft: 942
  • Living Area Sq Ft: 942
  • Price Per Sq Ft: 1247.35
  • Above Grade Finished Sq Ft: 942
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Advanced Framing, Masonry, Stucco
  • Exterior Features: Extensive Hardscape
  • Road Surface Type: Black Top
  • Roof: Flat
  • View: Ocean, Pond
  • Water Access Features: Public Beach
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Parking Space Conveys
  • Garage Features: Basement Garage
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public
  • Internet Services: Cable, Broadband

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1266.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Pool(s), Laundry, Common Area Maintenance, Water, Sewer
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1164.00
  • Tax Annual Amount: 1663.00
  • Assessor Parcel Number: 334-14.14-14.00-802
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 01/10/2025

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

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%
Views
12
Current Estimated Value
$1,167,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,966
Avg. Annual Appreciation
8.44%
Original Mortgage
$746,250
Outstanding Balance
$741,068
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$426,898

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
New Conventional
Source: Public Records

Range of Values:

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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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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% -- View Prior Sale
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

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 $23,500 $0 $23,500
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

    Seller's Agent in 2025

    Bill Cullin

    Long & Foster

    (302) 841-7147

    66 in this area

    185 Total Sales

    Bill Cullin
    Section Image
  • Adam Linder

    Buyer's Agent in 2025

    Adam Linder

    Creig Northrop Team of Long & Foster

    (302) 519-8894

    44 in this area

    111 Total Sales

    Adam Linder
    Section Image

  • J

    Seller's Agent in 2018

    JUDITH PROUSE

    Patterson Schwartz

See All Agents

About One Virginia Avenue

Map

Source: Bright MLS

MLS Number: DESU2076910

Bright MLS

APN: 334-14.14-14.00-802

Delaware Sussex County Rehoboth Beach 19971

1 Virginia Ave Unit 802, Rehoboth Beach, DE

This home is located at 1 Virginia Ave Unit 802, Rehoboth Beach, DE 19971 since 10 January 2025 and is currently estimated at $1,167,966, approximately $1,239 per square foot. This property was built in 1973. 1 Virginia Ave Unit 802 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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