100 Collins Ave Unit 301 Dewey Beach, DE 19971
1
Bed
1
Bath
1,090
Sq Ft
$560/mo
HOA Fee
Highlights
- Home fronts navigable water
- Water Access
- Main Floor Bedroom
- Rehoboth Elementary School Rated A
- Bay View
- 2-minute walk to Delaware Seashore State Park
About This Home
As of November 2023The largest 1 bedroom condo floor plan available in Marina View. (1,090 sq ft) Owned by a custom builder who made many upgrades including designing & installing sliding by-pass french doors btw the 2 main living spaces offering privacy for guests spending the night. Condo comfortably sleeps 6. Kitchen counter top was raised & modified to accommodate at least 4 barstools w/ plenty of leg room. Additional lighting, ceiling fans, speakers & surround sound were installed. A custom built-in bench w/ shoe storage & hanging space was added to entry area, a built in storage cabinet was added in the hallway as well as a custom prep/vanity space in the bedroom. The bathroom shower, floor & mirror surround were updated w/ new tile giving it a bright fresh look. Enjoy relaxing & taking in the bay views from one of two balconies or cool off in the recently replaced rooftop pool w/BBQ grill & more spectacular bay views just down the enclosed hallway. Condo also offers 5' x 4' storage room on 1st floor. Walk 1 short block to the beautiful sandy beach w/ no crowds in sight. Convenient access to the bay & ocean by boat opens up many additional opportunities for fun in the sun! Secure a slip onsite at a discounted rate! Dewey Beach offers many restaurants, bars & live music just steps away along w/ easy transport to Rehoboth Beach by bike or Jolly Trolly. This summer end the evenings with breathtaking sunsets over the Rehoboth Bay or a glimpse of the Atlantic Ocean from your very own balcony in this quiet southern Dewey Beach location. Never been rented. Estimated rental potential $22,000+/year
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $832
Year Built
- Built in 2000 | Remodeled in 2006
Lot Details
- Home fronts navigable water
- South Facing Home
- Sprinkler System
- Property is in very good condition
HOA Fees
- $560 Monthly HOA Fees
Home Design
- Concrete Roof
- Stucco
Interior Spaces
- 1,090 Sq Ft Home
- Property has 3 Levels
- Ceiling Fan
- Window Treatments
- Entrance Foyer
- Family Room
- Storage Room
- Bay Views
- Exterior Cameras
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Stacked Washer and Dryer
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Lot
- Parking Space Conveys
- Assigned Parking
Accessible Home Design
- Accessible Elevator Installed
- Doors swing in
- Doors are 32 inches wide or more
Outdoor Features
- Water Access
- Property near a bay
- Multiple Balconies
- Outdoor Grill
Location
- Flood Risk
Schools
- Cape Henlopen High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Vented Exhaust Fan
- Geothermal Heating and Cooling
- Water Heater
Listing and Financial Details
- Assessor Parcel Number 334-23.06-5.00-4-O
Community Details
Overview
- $1,000 Capital Contribution Fee
- Association fees include common area maintenance, management, pool(s), reserve funds, trash, insurance
- Low-Rise Condominium
- Built by Marina View
- Marina View Community
- Indian Beach Subdivision
- Property Manager
Amenities
- Common Area
- Meeting Room
- 1 Elevator
- Community Storage Space
Recreation
- Community Pool
Security
- Security Service
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2023
Closed on
Nov 9, 2023
Sold by
Clift Diana
Bought by
Wine Down Holdings Llc
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
John Redefer
Rehoboth Bay Realty, Co.
List Price
$599,000
Sold Price
$592,000
Premium/Discount to List
-$7,000
-1.17%
Views
89
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
$47,454
Avg. Annual Appreciation
4.22%
Original Mortgage
$473,600
Outstanding Balance
$467,705
Interest Rate
7.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$168,172
Similar Home in Dewey Beach, DE
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $592,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $473,600 | Credit Line Revolving | |
| Previous Owner | $294,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $292,500 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2023 11/14/23 | Sold | $592,000 | -1.2% | $543 / Sq Ft |
| 10/02/2023 10/02/23 | Pending | -- | -- | -- |
| 09/29/2023 09/29/23 | For Sale | $599,000 | +53.6% | $550 / Sq Ft |
| 04/15/2019 04/15/19 | Sold | $390,000 | -1.2% | $358 / Sq Ft |
| 02/20/2019 02/20/19 | Pending | -- | -- | -- |
| 02/09/2019 02/09/19 | For Sale | $394,900 | -- | $362 / 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 | $1,253 | $17,400 | $0 | $17,400 |
| 2023 | $1,252 | $17,400 | $0 | $17,400 |
| 2022 | $1,219 | $17,400 | $0 | $17,400 |
| 2021 | $1,211 | $17,400 | $0 | $17,400 |
| 2020 | $1,207 | $17,400 | $0 | $17,400 |
| 2019 | $1,187 | $17,400 | $0 | $17,400 |
| 2018 | $832 | $18,950 | $0 | $0 |
| 2017 | $797 | $18,950 | $0 | $0 |
| 2016 | $785 | $18,950 | $0 | $0 |
| 2015 | $752 | $18,950 | $0 | $0 |
| 2014 | $746 | $18,950 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Kim Hamer
OCEAN ATLANTIC SOTHEBYS
(302) 745-9914
16 in this area
285 Total Sales
-
Buyer's Agent in 2023
John Redefer
Rehoboth Bay Realty, Co.
(302) 542-0375
27 in this area
70 Total Sales
-
J
Seller's Agent in 2019
JEANMARIE CLAVIER
Jack Lingo - Rehoboth
(302) 242-7533
2 in this area
28 Total Sales
Map
Source: Bright MLS
MLS Number: DESU130550
APN: 334-23.06-5.00-4-O
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