NOT LISTED FOR SALE

101 Swedes St Unit 1 Dewey Beach, DE 19971

Estimated Value: $1,926,000 - $2,599,172

5 Beds
4.5 Baths
2,600 Sq Ft
$835/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $1,475,000 $567 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $12,233/month

6 Days on Market

Highlights

  • Ocean View
  • Gourmet Kitchen
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • 5-minute walk to Sunset Park

About This Home

As of November 2021

Enjoy all that Dewey Beach has to offer in this large five bedroom four and one half bath 2600 +/- townhome. 101 Swede unit 1 has proven rental history, a fantastic location just steps to the Beach and a rooftop sunning deck that allows a peek at the Ocean and the Bay. A glorious spot for capturing the sunrise or sunset. Three bedrooms feature a private bathroom with the remaining bath set up for two bedrooms to share. The unit features a garage with plenty of storage and a rear fenced yard for those lazy bbq grilling evenings! Ready for your immediate enjoyment and furnished with a coastal flair.

Last Listed By

Kathy Newcomb

Coldwell Banker Premier - Rehoboth License #RA-0003510 Listed on: 10/08/2021

Coldwell Banker Premier - Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,173

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 44.00 x 100.00
  • Property fronts the bay but unit may not have water views
  • Landscaped
  • Back Yard Fenced
  • Property is in very good condition

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 2 Driveway Spaces
  • Parking Storage or Cabinetry
  • Stone Driveway

Property Views

  • Ocean
  • Bay

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Gourmet Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Schools

  • Cape Henlopen High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.14-36.00

Community Details

Overview

  • Association fees include common area maintenance, insurance, lawn maintenance, reserve funds
  • Built by Evergreen Homes
  • Four Tides Community
  • Rehoboth By The Sea Subdivision

Pet Policy

  • Dogs Allowed

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,173

Year Built

Built in 2016

Lot Details

0

HOA Fees

$500 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furnished as presented.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-10-08
  • Federal Flood Zone: No
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Enjoy all that Dewey Beach has to offer in this large five bedroom four and one half bath 2600 +/- townhome. 101 Swede unit 1 has proven rental history, a fantastic location just steps to the Beach and a rooftop sunning deck that allows a peek at the Ocean and the Bay. A glorious spot for capturing the sunrise or sunset. Three bedrooms feature a private bathroom with the remaining bath set up for two bedrooms to share. The unit features a garage with plenty of storage and a rear fenced yard for those lazy bbq grilling evenings! Ready for your immediate enjoyment and furnished with a coastal flair.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Oven - Single, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 575.00
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 101

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Outside Shower
  • Road Surface Type: Stone
  • Roof: Architectural Shingle
  • Spa: No
  • View: Bay, Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Stone Driveway
  • Garage Features: Additional Storage Area, Covered Parking
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1500.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Lawn Maintenance, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Partially, Rear
  • Land Use Code: RS
  • Lot Features: Landscaping, Rear Yard
  • Lot Dimensions: 44.00 x 100.00
  • Outdoor Living Structures: Porch(es), Deck(s), Roof
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Evergreen Homes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5204395
  • School Tax: 1968.00
  • Tax Annual Amount: 2173.00
  • Assessor Parcel Number: 334-20.14-36.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/12/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 12, 2021
Sold by
2 Great Heron Squares Llc
Bought by
Brown Merritt W
Seller's Agent
Kathy Newcomb
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Anthony Sacco
RE/MAX Associates
List Price
$1,495,000
Sold Price
$1,475,000
Premium/Discount to List
-$20,000
-1.34%
Total Days on Market
6
Current Estimated Value
$2,170,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$695,057
Avg. Annual Appreciation
11.73%

Purchase Details

Closed on
Oct 30, 2015
Sold by
625 Rehoboth Ave Llc
Bought by
2 Great Heron Square Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2013
Sold by
Christopher Jeffrey
Bought by
Group Services And Consulting Llc A Dela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,900
Interest Rate
4.4%

Range of Values:

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Average Value
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List Price
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
Brown Merritt W $1,475,000 None Available
2 Great Heron Square Llc $949,165 None Available
Group Services And Consulting Llc A Dela $1,050,290 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Merritt Weaver $958,750
Previous Owner 2 Great Heron Square Llc $667,000
Previous Owner 2 Great Heron Square Llc $667,000
Previous Owner 625 Rehoboth Avenue Llc $1,960,000
Previous Owner Group Services And Consulting Llc A Dela $208,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $1,475,000 -1.3% $567 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $1,495,000 -- $575 / 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 $2,593 $46,150 $8,950 $37,200
2023 $2,591 $46,150 $8,950 $37,200
2022 $2,512 $46,150 $8,950 $37,200
2021 $2,492 $46,150 $8,950 $37,200
2020 $2,484 $46,150 $8,950 $37,200
2019 $2,466 $46,150 $8,950 $37,200
2018 $2,027 $46,150 $0 $0
2017 $1,941 $46,150 $0 $0
2016 $1,875 $46,150 $0 $0
2015 $1,074 $27,200 $0 $0
2014 $1,066 $27,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DESU2007672

Bright MLS

APN: 334-20.14-36.00