$820,000
SOLD NOV 28, 2018

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

2 Beds
2 Baths
-- Sq Ft
$955/mo HOA Fee

Recently Sold

4% Below List Price

18 Days on Market

Highlights

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

About This Home

As of January 2025

Beautifully remodeled 2BR/2BA unit. Sold fully furnished. Two balconies, ocean front building, beautiful views, pool sundeck, laundry, on site management. Condo fees are $2,864 per quarter. Condo fees include heat, a/c, hot water, long term reserve contribution and wifi.

Last Agent to Sell the Property

JUDITH PROUSE

Patterson-Schwartz-Rehoboth Listed on: 09/22/2018

Last Buyer's Agent

JUDITH PROUSE

Patterson-Schwartz-Rehoboth Listed on: 09/22/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,404

Year Built

  • Built in 1974

HOA Fees

  • $955 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Block Foundation

Interior Spaces

  • Property has 3 Levels
  • Furnished
  • Basement
  • Garage Access

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating Available
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot -802
  • Assessor Parcel Number 334-14.14-14.00-802

Community Details

Overview

  • Association fees include pool(s)
  • One Virginia Ave Community

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,404

Year Built

Built in 1974

Lot Details

0

HOA Fees

$955 per month

Parking

1

Listing Details

  • Property Type: Residential
  • 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: 1974
  • Remarks Public: Beautifully remodeled 2BR/2BA unit. Sold fully furnished. Two balconies, ocean front building, beautiful views, pool sundeck, laundry, on site management. Condo fees are $2,864 per quarter. Condo fees include heat, a/c, hot water, long term reserve contribution and wifi.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Foundation Details: Block
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Garage Access
  • 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: Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Underground, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2864.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Units: Square Feet
  • Zoning: GR
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5196060
  • School Tax: 1024.00
  • Tax Annual Amount: 1404.00
  • Assessor Parcel Number: 334-14.14-14.00-802
  • Tax Lot: -802
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 11/28/2018

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
$1,149,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,350
Avg. Annual Appreciation
0.09%
Original Mortgage
$746,250
Outstanding Balance
$743,688
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$356,879

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

Similar Homes in Rehoboth Beach, DE

  • 409 Rehoboth Ave Unit 4, Rehoboth Beach, DE 19971

    $619,000

    • 1 Bed
    • 1 Bath
    • 671 Sq Ft
    • 409 Rehoboth Ave
    • Unit 4
    • Rehoboth Beach, DE

    Stylish Beach Condo in the Heart of Downtown Rehoboth – A Premier Location with Top-Tier Finishes!Positioned perfectly on Rehoboth Avenue, this chic beach condo offers an unbeatable location just steps away from coffee houses, top-rated restaurants, unique shops, the vibrant farmers market, scenic bike trails, and of course, the iconic boardwalk and sparkling beaches of the Atlantic Ocean.

    DEBBIE REED RE/MAX Realty Group Rehoboth

    Section Image
  • 20005 Newry Dr Unit 13, Rehoboth Beach, DE 19971

    $650,000

    • 3 Beds
    • 2 Baths
    • 1,575 Sq Ft
    • 20005 Newry Dr
    • Unit 13
    • Rehoboth Beach, DE

    Coastal Convenience Meets Investment Potential – Welcome to 20005 Newry DriveTucked into the sought-after Grande at Canal Pointe community, ideally located east of Route 1 and just minutes from the vibrant resort town of Rehoboth Beach, this top-floor condo offers an exceptional coastal lifestyle with the bonus of a proven rental history. Whether you’re seeking a weekend getaway, a

    Adam Linder Northrop Realty

    Section Image
  • 1 Virginia Ave Unit 501, Rehoboth Beach, DE 19971

    $865,000

    • 2 Beds
    • 1 Bath
    • 1 Virginia Ave
    • Unit 501
    • Rehoboth Beach, DE

    Welcome to One Virginia! One of Rehoboth Beach’s most desirable locations with outstanding Ocean and Boardwalk views from your patio and windows. This 2 Bedroom / 1 Bath unit is located on the top floor of the smaller building, is the 1st unit closest to the beach, and has southern exposure. This unit features upgraded Kitchen countertops, recessed lights, and comes fully furnished with a solid

    Kyle Mayhew RE/MAX Edge

    Section Image
  • 1 Virginia Ave Unit 217, Rehoboth Beach, DE 19971

    $788,000

    • 1 Bed
    • 1 Bath
    • 673 Sq Ft
    • 1 Virginia Ave
    • Unit 217
    • Rehoboth Beach, DE

    A rarely available one-full-bedroom, one-bathroom condo in One Virginia Avenue that offers unobstructed views of the Atlantic Ocean, the Beach and the Boardwalk. Features include a kitchen with granite countertops, dining area, updated bathroom, and being sold turnkey, fully furnished, and ready to move in. One Virginia Ave’s condominium fees include heat, central A/C, sewer, water, hot water,

    Bill Cullin Long & Foster Real Estate, Inc.

    Section Image
  • 50 Wilmington Ave Unit 103, Rehoboth Beach, DE 19971

    $985,000

    • 2 Beds
    • 2 Baths
    • 1,350 Sq Ft
    • 50 Wilmington Ave
    • Unit 103
    • Rehoboth Beach, DE

    Rare Unit in The Wilmington. Welcome to your beach condo in the downtown Rehoboth, just a short walk to Rehoboth Beach Board Walk, shops, restaurants and more! Inviting 2-bedroom, 2-bathroom garden-style apartment offers a warm and cozy atmosphere, perfect for relaxation and entertaining. Step inside to discover an open floor plan that seamlessly connects the living and dining areas, enhanced by

    Julie Gritton Coldwell Banker Premier - Lewes

    Section Image
  • 409 Rehoboth Ave Unit D24, Rehoboth Beach, DE 19971

    $659,900

    • 2 Beds
    • 1 Bath
    • 1,050 Sq Ft
    • 409 Rehoboth Ave
    • Unit D24
    • Rehoboth Beach, DE

    Located directly on iconic Rehoboth Avenue, this beautifully updated condo puts you in the heart of it all—just a short stroll to the beach, boardwalk, and Rehoboth’s top attractions, including Funland, Dogfish Head Brewery, renowned restaurants, and charming local shops. Whether you're seeking a primary residence, second home, or an income-producing rental, this versatile property checks all the

    Jordan Garcia Long & Foster Real Estate, Inc.

    Section Image
  • 3800 Sanibel Cir Unit 3816, Rehoboth Beach, DE 19971

    $660,000

    • 4 Beds
    • 3 Baths
    • 1,950 Sq Ft
    • 3800 Sanibel Cir
    • Unit 3816
    • Rehoboth Beach, DE

    Welcome to your dream coastal retreat in Rehoboth Beach! Perfectly located in the resort neighborhood of Sanibel Village, within walking distance to town and Dewey Beach. This spacious four bedroom, three bathroom, two story penthouse condo offers the perfect blend of comfort and style. Peaceful and relaxing screened in porch, and a sun deck on the second floor. This home is perfect for a primary

    Kate DiCesare Iron Valley Real Estate at The Beach

    Section Image
  • 19805 Coastal Hwy Unit 222, Rehoboth Beach, DE 19971

    $699,000

    • 3 Beds
    • 2 Baths
    • 1,522 Sq Ft
    • 19805 Coastal Hwy
    • Unit 222
    • Rehoboth Beach, DE

    Welcome to The Flats at Coastal Station, a sophisticated new condominium community offering the perfect blend of luxury and convenience. Nestled in the vibrant heart of Rehoboth Beach, these expansive 3+ bedroom units are designed for modern living, just minutes from the iconic Rehoboth boardwalk. With direct access to the scenic Breakwater bike trail right from your backyard, adventure is always

    Elizabeth Dorman Coldwell Banker Premier - Rehoboth

    Section Image
  • 19805 Coastal Hwy Unit 202, Rehoboth Beach, DE 19971

    $725,000

    • 3 Beds
    • 2 Baths
    • 1,522 Sq Ft
    • 19805 Coastal Hwy
    • Unit 202
    • Rehoboth Beach, DE

    Welcome to The Flats at Coastal Station, a sophisticated new condominium community offering the perfect blend of luxury and convenience. Nestled in the vibrant heart of Rehoboth Beach, these expansive 3+ bedroom units are designed for modern living, just minutes from the iconic Rehoboth boardwalk. With direct access to the scenic Breakwater bike trail right from your backyard, adventure is always

    Elizabeth Dorman Coldwell Banker Premier - Rehoboth

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,100,000 None Listed On Document
Deed $820,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $746,250 New Conventional
Previous Owner $225,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $225,000 New Conventional
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

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 $1,279 $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

See All Agents

Map

Source: Bright MLS

MLS Number: 1006633960

Bright MLS

APN: 334-14.14-14.00-802