NOT LISTED FOR SALE

101 Anchor Way Unit 203 Rehoboth Beach, DE 19971

Estimated Value: $680,000 - $1,110,000

3 Beds
2.5 Baths
1,800 Sq Ft
$502/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $646,000 $359 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,268/month

10 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Beach
  • Home fronts navigable water
  • Rehoboth Elementary School Rated A
  • Marina View
  • 2-minute walk to Delaware Seashore State Park

About This Home

As of December 2020

Rarely avail. 3BR, 2.5 BA Dewey Beach end unit townhome with views of Rehoboth Bay from every room. Capture Sunrises just 1 blk to the Ocean. Enjoy playful afternoons sailing or kayaking with private access to Rehoboth Bay. 1st floor shower & laundry when returning from the beach. Heart pine flooring. 2 car garage, total 4-5 Parking spaces. Great investment - Rental potential of $50,000. Escape & Enjoy the Dewey Way of Life, great restaurants, wonderful beach, lots of FUN & Relaxation.

Last Agent to Sell the Property

Lucius Webb

Jack Lingo - Rehoboth License #RS-0017469 Listed on: 10/03/2020

Jack Lingo - Rehoboth

Last Buyer's Agent

Cheryl Lynn Crowe

Jack Lingo - Rehoboth License #RS-0020914

Jack Lingo - Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,232

Year Built

  • Built in 1985

Lot Details

  • Home fronts navigable water
  • Private Beach
  • South Facing Home
  • Landscaped
  • No Through Street
  • Front and Side Yard
  • Property is in good condition

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • 4 Assigned Parking Spaces

Property Views

  • Marina
  • Bay

Home Design

  • Coastal Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Skylights
  • Recessed Lighting
  • Insulated Windows
  • Window Treatments
  • Bay Window
  • Sliding Windows
  • Casement Windows
  • Window Screens
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Screened Porch
  • Storage Room

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom faces the bay
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level
  • Electric Dryer
  • Washer

Home Security

Accessible Home Design

  • Halls are 48 inches wide or more
  • Receding Pocket Doors

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Swimming Allowed
  • Lake Privileges
  • Deck
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Public Septic
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-23.06-6.00-203

Community Details

Overview

  • Association fees include insurance, common area maintenance, lawn maintenance, exterior building maintenance
  • Villas By The Bay Phase 3 HOA
  • Villas By The Bay Community

Recreation

  • Beach
  • Fishing Allowed

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,232

Year Built

Built in 1985

Lot Details

0

HOA Fees

$233 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 48"+ Halls, Doors - Recede
  • Ownership: Fee Simple
  • Inclusions: sold furnished, ready to occupy or rent
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2020-10-21
  • Federal Flood Zone: Yes
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Rarely avail. 3BR, 2.5 BA Dewey Beach end unit townhome with views of Rehoboth Bay from every room. Capture Sunrises just 1 blk to the Ocean. Enjoy playful afternoons sailing or kayaking with private access to Rehoboth Bay. 1st floor shower & laundry when returning from the beach. Heart pine flooring. 2 car garage, total 4-5 Parking spaces. Great investment - Rental potential of $50,000. Escape & Enjoy the Dewey Way of Life, great restaurants, wonderful beach, lots of FUN & Relaxation.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Disposal, Dishwasher, Washer, Refrigerator, Oven/Range - Electric, Dryer - Electric, Built-In Microwave, Icemaker, Range Hood, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Primary Bedroom - Bay Front, Skylight(s), Bathroom - Stall Shower, Window Treatments, Wood Floors, Built-Ins, Recessed Lighting, Bathroom - Tub Shower
  • Window Features: Casement, Screens, Sliding, Storm, Skylights, Insulated, Bay/Bow
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Kitchen, Foyer, Breakfast Room, Laundry, Storage Room, Half Bath, Screened Porch
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 358.89
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 101

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Stick Built
  • Exterior Features: Exterior Lighting, Private Beach, Street Lights
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • View: Bay, Marina, Water
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Rehoboth Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 4
  • Garage: Yes
  • Parking Features: Under Home Parking, Assigned
  • Garage Features: Garage - Front Entry, Covered Parking, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Utilities: Electric Available, Cable Tv Available, Water Available, Sewer Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 700.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Beach, Reserved/Assigned Parking, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Insurance, Common Area Maintenance, Lawn Maintenance, Ext Bldg Maint
  • HOA Name: VILLAS BY THE BAY PHASE 3
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: RC
  • Lot Features: Sideyard(s), No Thru Street, Landscaping, Front Yard
  • Lot Size Acres: 0.79
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 34412.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 50000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • School Tax: 844.00
  • Tax Annual Amount: 1232.00
  • Assessor Parcel Number: 334-23.06-6.00-203
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/11/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Dec 9, 2020
Sold by
Harkins Robert W and Harkins Claudene H
Bought by
Paul Daniel and Crielly Laura
Seller's Agent
Lucius Webb
Jack Lingo - Rehoboth
Buyer's Agent
Cheryl Lynn Crowe
Jack Lingo - Rehoboth
List Price
$646,000
Sold Price
$646,000
Current Estimated Value
$903,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,453
Avg. Annual Appreciation
9.11%
Original Mortgage
$510,400
Outstanding Balance
$460,358
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$511,257

Purchase Details

Closed on
Mar 16, 1985
Bought by
Harkins Robert W and Harkins Claudene H
Source: Public Records

Range of Values:

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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
Paul Daniel $646,000 None Available
Harkins Robert W $164,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul Daniel $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $646,000 0.0% $359 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/03/2020 10/03/20 For Sale $646,000 -- $359 / 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 $1,359 $19,850 $0 $19,850
2023 $1,358 $19,850 $0 $19,850
2022 $1,321 $19,850 $0 $19,850
2021 $1,312 $19,850 $0 $19,850
2020 $1,308 $19,850 $0 $19,850
2019 $1,288 $19,850 $0 $19,850
2018 $927 $21,100 $0 $0
2017 $887 $21,100 $0 $0
2016 $871 $21,100 $0 $0
2015 $834 $21,100 $0 $0
2014 $828 $21,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucius Webb

    Seller's Agent in 2020

    Lucius Webb

    Jack Lingo - Rehoboth

    (302) 258-4590

    6 in this area

    99 Total Sales

    Section Image
  • Cheryl Lynn Crowe

    Buyer's Agent in 2020

    Cheryl Lynn Crowe

    Jack Lingo - Rehoboth

    (302) 745-9915

    1 in this area

    25 Total Sales

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Map

Source: Bright MLS

MLS Number: DESU170488

Bright MLS

APN: 334-23.06-6.00-203

Delaware Sussex County Rehoboth Beach 19971

101 Anchor Way Unit 203, Rehoboth Beach, DE

This home is located at 101 Anchor Way Unit 203, Rehoboth Beach, DE 19971 since 03 October 2020 and is currently estimated at $903,453, approximately $501 per square foot. This property was built in 1985. 101 Anchor Way Unit 203 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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