NOT LISTED FOR SALE

101 Anchor Way Unit 204 Rehoboth Beach, DE 19971

Estimated Value: $967,000 - $1,152,000

3 Beds
2.5 Baths
-- Sq Ft
$250/mo HOA Fee

Last Sold May 20, 2022

Last sale price $860,000

Est. 23% increase in value since last sale

Current estimated payment $6,032/month

Highlights

  • Primary bedroom faces the bay
  • Beach
  • Canoe or Kayak Water Access
  • Rehoboth Elementary School Rated A
  • Home fronts navigable water
  • 2-minute walk to Delaware Seashore State Park

About This Home

As of May 2022

Welcome to the South Side of Dewey Beach! Rarely available 3 bedroom, 2 1/2 bath end unit townhome with views of Rehoboth Bay (and beautiful sunsets). This home is located in the quiet section of Dewey Beach yet easy walking distance to all of the stores, restaurants and night life. Enjoy days of sailing, paddle boarding, or kayaking with private access to Rehoboth Bay (at the end of Anchor Way) or enjoy the relaxing salt air at the ocean, just one block away! Amenities include 1st floor shower and laundry, convenient for returning from the beach and a 2 space carport. Recent updates include kitchen (2016), 2 full baths (2017 & 2018), windows, flooring and deck doors. Living room and dining room have heart pine wood flooring with sliders to the large deck. The eat-in kitchen is nicely upgraded with soft-close cabinets, recessed lights, granite counters, tile back splash and luxury flooring. Master bedroom has a deck with a view to the Bay and a private bath with tiled shower! A proven rental history of $50K per year is attractive to any investor! Escape & start enjoying the Dewey Way of Life! Agent related to seller.

Last Agent to Sell the Property

Diane Bacigalupi

(302) 563-6667 diane.bacigalupi@lnf.com Long & Foster Real Estate, Inc. Listed on: 04/07/2022

Long & Foster Real Estate, Inc.

Co-Listed By

JoAnn Barlow

(302) 388-2640 jbsalesrealtor@aol.com Compass

Last Buyer's Agent

Michael McCullough

(302) 893-7601 mmccullough@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,294

Year Built

  • Built in 1985

Lot Details

  • Home fronts navigable water
  • Property is in very good condition

HOA Fees

  • $250 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Property has 3 Levels
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage Room
  • Bay Views

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom faces the bay

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Free Parking
  • 4 Assigned Parking Spaces

Outdoor Features

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

Location

  • Flood Risk

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 334-23.06-6.00-204

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance
  • Building Winterized
  • Villas By The Bay Community
  • Indian Beach Subdivision

Recreation

  • Beach
  • Fishing Allowed

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,294

Year Built

Built in 1985

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: 2 Comforters, 4 Framed Pictures
  • Inclusions: All Furnishings
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-04-07
  • Federal Flood Zone: Yes
  • Year Built: 1985
  • Automatically Close On Close Date: Yes
  • Building Winterized: Yes
  • Remarks Public: Welcome to the South Side of Dewey Beach! Rarely available 3 bedroom, 2 1/2 bath end unit townhome with views of Rehoboth Bay (and beautiful sunsets). This home is located in the quiet section of Dewey Beach yet easy walking distance to all of the stores, restaurants and night life. Enjoy days of sailing, paddle boarding, or kayaking with private access to Rehoboth Bay (at the end of Anchor Way) or enjoy the relaxing salt air at the ocean, just one block away! Amenities include 1st floor shower and laundry, convenient for returning from the beach and a 2 space carport. Recent updates include kitchen (2016), 2 full baths (2017 & 2018), windows, flooring and deck doors. Living room and dining room have heart pine wood flooring with sliders to the large deck. The eat-in kitchen is nicely upgraded with soft-close cabinets, recessed lights, granite counters, tile back splash and luxury flooring. Master bedroom has a deck with a view to the Bay and a private bath with tiled shower! A proven rental history of $50K per year is attractive to any investor! Escape & start enjoying the Dewey Way of Life! Agent related to seller.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Washer, Oven - Self Cleaning, Range Hood, Refrigerator, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Built-Ins, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Kitchen - Eat-In, Primary Bedroom - Bay Front, Upgraded Countertops, Wood Floors
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen, Breakfast Room, Laundry, Storage Room
  • Basement: No
  • 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
  • Construction Materials: Stick Built
  • Roof: Architectural Shingle
  • View: Bay, 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

  • Assigned Spaces Count: 4
  • Carport Spaces: 2
  • Garage: No
  • Parking Features: Assigned, Free, Under Home Parking
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 750.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Beach, Reserved/Assigned Parking, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • 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

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5205566
  • School Tax: 900.00
  • Tax Annual Amount: 1294.00
  • Assessor Parcel Number: 334-23.06-6.00-204
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/20/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 20, 2022
Sold by
Walls James R
Bought by
Monigle Christopher J and Myers Jennifer L
Seller's Agent
Diane Bacigalupi
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael McCullough
Long & Foster Real Estate, Inc.
List Price
$735,000
Sold Price
$860,000
Premium/Discount to List
$125,000
17.01%
Current Estimated Value
$1,058,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,626
Avg. Annual Appreciation
6.38%
Original Mortgage
$688,000
Outstanding Balance
$653,585
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$405,041

Purchase Details

Closed on
Mar 23, 2021
Sold by
Walls James R and Walls Gail S
Bought by
Walls James R and Walls Gail S

Purchase Details

Closed on
Dec 10, 1985
Bought by
Walls James R and Walls Gail S
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
Monigle Christopher J $860,000 None Listed On Document
Walls James R -- None Available
Walls James R -- None Available
Walls Robert F -- None Available
Walls James R $174,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monigle Christopher J $688,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $860,000 +17.0% --
04/12/2022 04/12/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $735,000 -- --
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
2025 $2,027 $19,850 $0 $19,850
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

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Map

Source: Bright MLS

MLS Number: DESU2018704

Bright MLS

APN: 334-23.06-6.00-204