Seller's Agent in 2021
JOSEPH CHOMA
BHHS PenFed (actual)
(302) 381-5602
17 in this area
40 Total Sales
100 Anchor Way Unit 5 Rehoboth Beach, DE 19971
Estimated Value: $551,000 - $1,039,000
4
Beds
2.5
Baths
2,200
Sq Ft
$390/Sq Ft
Est. Value
Highlights
- Beach
- Home fronts navigable water
- Public Beach
- Rehoboth Elementary School Rated A
- Canoe or Kayak Water Access
- 3-minute walk to Delaware Seashore State Park
About This Home
As of January 2021Dewey Beach 4 beds/2.5 baths bay block condo with gorgeous bay views. This home offers a southern exposure that splashes the unit with sunshine and offers some of the best sunsets over the bay on earth! Each of the bedrooms and family room have access to balconies and decks that offers full outdoor enjoyment. Interior features include hardwood flooring in the dining & family room and is complimented with a wood burning fireplace for those chilly autumn evenings. The kitchen is nicely upgraded to include a island bar with ceramic tile flooring, corian counters, built in microwave, skylight and recently upgraded appliances. Custom colors throughout brighten the unit and offer a nice beachy feeling. Covered parking is available for 2 cars under the home along with three additional spaces in the parking lot. A proven rental history of approximately $25K per season is attractive to any investor. Launch your kayak, paddle board located on the bay at the end of Anchor Way only 100 feet away or just spend the day relaxing on the sandy beach and enjoying the fresh salt air! Please call for your private showing of this fantastic bay side home!
Last Listed By
Berkshire Hathaway HomeServices PenFed Realty License #RS-0015525 Listed on: 09/16/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,483
Year Built
- Built in 1983
Lot Details
- Property fronts the bay but unit may not have water views
- Home fronts navigable water
- Public Beach
- Property is in excellent condition
HOA Fees
- $375 Monthly HOA Fees
Home Design
- Block Foundation
- Architectural Shingle Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 2,200 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Furnished
- Wainscoting
- Ceiling Fan
- Skylights
- Recessed Lighting
- Wood Burning Fireplace
- Window Treatments
- Entrance Foyer
- Family Room Off Kitchen
- Dining Room
- Bay Views
- Intercom
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry in unit
- Electric Dryer
- Front Loading Washer
Parking
- 2 Parking Spaces
- 2 Attached Carport Spaces
- 5 Assigned Parking Spaces
Outdoor Features
- Outdoor Shower
- Canoe or Kayak Water Access
- Public Water Access
- Property near a bay
- Personal Watercraft
- Swimming Allowed
- Lake Privileges
- Balcony
- Deck
Location
- Flood Risk
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Vented Exhaust Fan
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-23.06-8.00-5
Community Details
Overview
- Association fees include insurance, trash, reserve funds, lawn maintenance, exterior building maintenance
- Anchor Way Community
- Indian Beach Subdivision
Amenities
- Common Area
Recreation
- Beach
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 21, 2021
Sold by
Fasteson Thomas R and Cogar Laura A
Bought by
Fasteson Thomas R
Total Days on Market
82
Current Estimated Value
Purchase Details
Listed on
Sep 16, 2020
Closed on
Jan 29, 2021
Sold by
Daphne B Byron Lt
Bought by
Fasteson Thomas R and Cogar Laura A
Seller's Agent
JOSEPH CHOMA
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
John Zacharias
Patterson-Schwartz-OceanView
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$548,250
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Apr 17, 1997
Bought by
Byron Daphne B (Trustee)
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fasteson Thomas R | $31,000 | None Available | |
| Fasteson Thomas R | $660,000 | None Available | |
| Byron Daphne B (Trustee) | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cogar Laura A | $548,250 | |
| Previous Owner | Fasteson Thomas R | $548,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/12/2021 01/12/21 | Sold | $660,000 | -1.3% | $300 / Sq Ft |
| 11/18/2020 11/18/20 | Price Changed | $669,000 | -4.3% | $304 / Sq Ft |
| 09/16/2020 09/16/20 | For Sale | $699,000 | -- | $318 / Sq Ft |
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 | $1,847 | $29,250 | $0 | $29,250 |
| 2023 | $1,845 | $29,250 | $0 | $29,250 |
| 2022 | $1,792 | $29,250 | $0 | $29,250 |
| 2021 | $1,778 | $29,250 | $0 | $29,250 |
| 2020 | $1,773 | $29,250 | $0 | $29,250 |
| 2019 | $1,754 | $29,250 | $0 | $29,250 |
| 2018 | $1,361 | $31,000 | $0 | $0 |
| 2017 | $1,304 | $31,000 | $0 | $0 |
| 2016 | $1,267 | $31,000 | $0 | $0 |
| 2015 | $1,212 | $31,000 | $0 | $0 |
| 2014 | $1,203 | $31,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
JOSEPH CHOMA
-
John Zacharias
Buyer's Agent in 2021
John Zacharias
Patterson Schwartz
(302) 381-6221
3 in this area
190 Total Sales
Map
Similar Homes in Rehoboth Beach, DE
Source: Bright MLS
MLS Number: DESU168904
APN: 334-23.06-8.00-5
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