NOT LISTED FOR SALE

100 Vandyke St Unit 205 Dewey Beach, DE 19971

Estimated Value: $392,000 - $620,000

2 Beds
1 Bath
600 Sq Ft
$330/mo HOA Fee

Last Sold June 28, 2019

Last sale price $330,000 $550 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,283/month

36 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Bay View
  • Rehoboth Elementary School Rated A
  • Penthouse
  • 3-minute walk to Delaware Seashore State Park

About This Home

As of June 2019

Enjoy bay views and amazing sunsets from this renovated condo in the Cove in Dewey Beach! This second level condo overlooks the Rehoboth Bay and has an updated kitchen and bathroom and updated flooring. This two bedroom, one bathroom condo comes fully furnished and has a great rental history! New trex deck is the perfect spot to watch sunrise or sunset! The Cove features a community pool, tennis court, and small community center with games and bathrooms. The Cove also has a sandy beach on the Rehoboth Bay at the end of the street and is only one block to the Atlantic Ocean. Convenient to all Dewey and Rehoboth restaurants, shops, and attractions! Exterior of building just updated with new Trex decking. One assigned parking spot. Start enjoying the Dewey Beach Way of Life today!

Last Agent to Sell the Property

Kim Hamer

Monument Sotheby's International Realty License #RS-0013968 Listed on: 04/19/2019

Monument Sotheby's International Realty

Last Buyer's Agent

Ashley Brosnahan

Long & Foster Real Estate, Inc. License #RA-0031206

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $396

Year Built

  • Built in 1986 | Remodeled in 2018

Lot Details

  • Property fronts the bay but unit may not have water views
  • Home fronts navigable water

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Penthouse
  • Vinyl Siding

Interior Spaces

  • 600 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Bay Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Water Access
  • Property near a bay
  • Deck

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Heat Pump System

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-23.06-4.00-205

Community Details

Overview

  • Association fees include laundry, lawn maintenance, pool(s), trash
  • Cove Community

Amenities

  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$396

Year Built

Built in 1986 | Remodeled in 2018

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Inclusions: Fully furnished - including bedding, dishes, decor
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Year Renovated: 2018
  • Remarks Public: Enjoy bay views and amazing sunsets from this renovated condo in the Cove in Dewey Beach! This second level condo overlooks the Rehoboth Bay and has an updated kitchen and bathroom and updated flooring. This two bedroom, one bathroom condo comes fully furnished and has a great rental history! New trex deck is the perfect spot to watch sunrise or sunset! The Cove features a community pool, tennis court, and small community center with games and bathrooms. The Cove also has a sandy beach on the Rehoboth Bay at the end of the street and is only one block to the Atlantic Ocean. Convenient to all Dewey and Rehoboth restaurants, shops, and attractions! Exterior of building just updated with new Trex decking. One assigned parking spot. Start enjoying the Dewey Beach Way of Life today!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Flat, Floor Plan - Open, Window Treatments
  • Fireplace: No
  • Levels Count: 1
  • Room List: Bedroom 2, Kitchen, Family Room, Bedroom 1, Bathroom 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 600
  • Living Area Sq Ft: 600
  • Price Per Sq Ft: 573.33
  • Above Grade Finished Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 100

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Tennis Court(s)
  • View: Bay
  • Water Access: Yes
  • Water Body Name: Rehoboth Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 3960.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Laundry, Lawn Maintenance, Pool(s), Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2018
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5205436
  • School Tax: 326.00
  • Tax Annual Amount: 396.00
  • Assessor Parcel Number: 334-23.06-4.00-205
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 06/28/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jun 21, 2019
Sold by
Applegate Jeffrey L and Applegate Elizabeth A
Bought by
Rodino Virginia T
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Ashley Brosnahan
Long & Foster Real Estate, Inc.
List Price
$344,000
Sold Price
$330,000
Premium/Discount to List
-$14,000
-4.07%
Current Estimated Value
$523,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,940
Avg. Annual Appreciation
7.33%
Original Mortgage
$247,500
Outstanding Balance
$218,563
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$290,197
Source: Public Records

Range of Values:

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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
Rodino Virginia T $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodino Virginia T $247,500
Previous Owner Applegate Jeffrey L $231,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $330,000 -4.1% $550 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $344,000 -- $573 / Sq Ft
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 $725 $6,850 $0 $6,850
2023 $725 $6,850 $0 $6,850
2022 $711 $6,850 $0 $6,850
2021 $707 $6,850 $0 $6,850
2020 $705 $6,850 $0 $6,850
2019 $684 $6,850 $0 $6,850
2018 $362 $8,250 $0 $0
2017 $347 $8,250 $0 $0
2016 $358 $8,250 $0 $0
2015 $343 $8,250 $0 $0
2014 $341 $8,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU138466

Bright MLS

APN: 334-23.06-4.00-205