NOT LISTED FOR SALE

101 Swedes St Unit 2 Dewey Beach, DE 19971

Estimated Value: $1,205,000 - $2,034,000

5 Beds
4.5 Baths
2,610 Sq Ft
$618/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $1,340,000 $513 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,429/month

9 Days on Market

Highlights

  • Water Oriented
  • Gourmet Kitchen
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Deck

About This Home

As of October 2021

DO NOT MISS OUT on this rental machine! Pristine Showplace that is situated only 1 1/4 Blocks to the beach in the North end of Dewey Beach! Built in 2016, townhome boasts 2,600+/- Sq Ft with 5 Bedrooms, 4 Full and 1 Half Bath is being sold FURNISHED. Oversized screened porch off of the great room allows you to open up and extend even more or just relax and enjoy. 3 Spacious en-suites plus two additional guest bedrooms with shared bath. Watch the Sunrise and Sunset from the "Master Suite" with huge covered deck. Shaft for future elevator. Outside shower and rear yard enclosed with solid panel privacy fence. Rare opportunity to have an oversized garage/storage area with parking for 3 cars plus plenty of room for your beach life essentials! Inside and out totals 5 off street parking for this property! Walk to everything Dewey Beach has to offer or take the Jolly Trolley in to Downtown Rehoboth Beach for a change of pace! Enjoy for yourself or great rental potential available. Schedule your visit today!

Last Agent to Sell the Property

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 08/19/2021

RE/MAX Realty Group Rehoboth

Co-Listed By

TIFFANY CARVER-OMALLEY

RE/MAX Realty Group Rehoboth License #RS-0016119

Last Buyer's Agent

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,393

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 34.00 x 100.00
  • South Facing Home
  • Privacy Fence
  • Vinyl Fence
  • Landscaped
  • Sprinkler System
  • Back Yard Fenced

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Stone Driveway

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home
  • CPVC or PVC Pipes

Interior Spaces

  • 2,610 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Vinyl Clad Windows
  • Double Hung Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Combination Dining and Living Room

Kitchen

  • Gourmet Kitchen
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

Accessible Home Design

  • Halls are 36 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Porch

Location

  • Flood Risk

Schools

  • Rehoboth Elementary School
  • Cape Henlopen High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • 200+ Amp Service
  • Tankless Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.14-36.03

Community Details

Overview

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

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,393

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
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits, 36"+ Wide Halls
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furniture
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-08-19
  • Federal Flood Zone: Yes
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: DO NOT MISS OUT on this rental machine! Pristine Showplace that is situated only 1 1/4 Blocks to the beach in the North end of Dewey Beach! Built in 2016, townhome boasts 2,600+/- Sq Ft with 5 Bedrooms, 4 Full and 1 Half Bath is being sold FURNISHED. Oversized screened porch off of the great room allows you to open up and extend even more or just relax and enjoy. 3 Spacious en-suites plus two additional guest bedrooms with shared bath. Watch the Sunrise and Sunset from the "Master Suite" with huge covered deck. Shaft for future elevator. Outside shower and rear yard enclosed with solid panel privacy fence. Rare opportunity to have an oversized garage/storage area with parking for 3 cars plus plenty of room for your beach life essentials! Inside and out totals 5 off street parking for this property! Walk to everything Dewey Beach has to offer or take the Jolly Trolley in to Downtown Rehoboth Beach for a change of pace! Enjoy for yourself or great rental potential available. Schedule your visit today!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Stainless Steel Appliances, Refrigerator, Washer, Water Heater - Tankless, Cooktop, Oven - Self Cleaning, Oven - Single
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Double Hung, Screens, Vinyl Clad
  • Door Features: Storm, Sliding Glass, Insulated
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2610
  • Living Area Sq Ft: 2610
  • Price Per Sq Ft: 534.48
  • Above Grade Finished Sq Ft: 2610
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 101

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Cpvc/Pvc, Vinyl Siding, Stick Built
  • Exterior Features: Lawn Sprinkler, Outside Shower, Secure Storage
  • Roof: Architectural Shingle
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Stone Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Covered Parking, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air, Zoned, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear, Vinyl, Privacy
  • Land Use Code: RM
  • Lot Features: Landscaping, Rear Yard
  • Lot Dimensions: 34.00 x 100.00
  • Outdoor Living Structures: Deck(s), Screened, Roof, Porch(es)
  • Year Assessed: 2019
  • Zoning: TN
  • In City Limits: Yes

Building Info

  • Builder Name: Evergreene Homes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 144000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 9537851
  • Tax Annual Amount: 2392.89
  • Assessor Parcel Number: 334-20.14-36.03
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/05/2021

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Oct 13, 2021
Sold by
Sweenet Margaret E and Papavasiliou Katrina
Bought by
Donnelly Andrew A
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,395,000
Sold Price
$1,340,000
Premium/Discount to List
-$55,000
-3.94%
Current Estimated Value
$1,612,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,865
Avg. Annual Appreciation
5.01%
Original Mortgage
$880,000
Outstanding Balance
$805,953
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$815,728

Purchase Details

Listed on
Feb 15, 2020
Closed on
Mar 30, 2020
Sold by
Riesco Luis A and Riesco Melissa K
Bought by
Sweeney Margaret E and Papavasiliou Katrina
Seller's Agent
Tyson Mayers
Keller Williams Realty
Buyer's Agent
BRUCE VAVALA
Rehoboth Bay Realty, Co.
List Price
$898,900
Sold Price
$898,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.04%
Original Mortgage
$719,120
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2014
Closed on
Oct 20, 2016
Sold by
625 Rehoboth Avenue Llc
Bought by
Riesco Luis A
Seller's Agent
DEBBIE REED
RE/MAX Realty Group-Rehoboth Beach
Buyer's Agent
Nora Martin
RE/MAX Realty Group-Rehoboth Beach
List Price
$914,900
Sold Price
$849,000
Premium/Discount to List
-$65,900
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.67%
Source: Public Records

Range of Values:

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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
Donnelly Andrew A $1,340,000 None Available
Sweeney Margaret E $898,900 None Available
Riesco Luis A $849,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnelly Andrew A $880,000
Previous Owner Sweeney Margaret E $719,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $1,340,000 -3.9% $513 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $1,395,000 +55.2% $534 / Sq Ft
03/31/2020 03/31/20 Sold $898,900 0.0% $344 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
02/15/2020 02/15/20 For Sale $898,900 +5.9% $344 / Sq Ft
10/17/2016 10/17/16 Sold $849,000 0.0% --
07/23/2016 07/23/16 Price Changed $849,000 -9.0% --
07/17/2016 07/17/16 Pending -- -- --
04/06/2016 04/06/16 Price Changed $932,900 -1.8% --
03/31/2016 03/31/16 Price Changed $949,900 +3.8% --
11/07/2014 11/07/14 For Sale $914,900 -- --
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 $2,490 $44,050 $6,850 $37,200
2023 $2,488 $44,050 $6,850 $37,200
2022 $2,412 $44,050 $6,850 $37,200
2021 $2,393 $44,050 $6,850 $37,200
2020 $2,386 $44,050 $6,850 $37,200
2019 $2,367 $44,050 $6,850 $37,200
2018 $1,934 $44,050 $0 $0
2017 $1,852 $44,050 $0 $0
2016 $1,788 $44,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DEBBIE REED

    Seller's Agent in 2021

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    21 in this area

    849 Total Sales

    DEBBIE REED
    Section Image

  • T

    Seller Co-Listing Agent in 2021

    TIFFANY CARVER-OMALLEY

    RE/MAX

    (302) 312-1173

    6 in this area

    138 Total Sales

    TIFFANY CARVER-OMALLEY
    Section Image
  • Lee Ann Wilkinson

    Buyer's Agent in 2021

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 278-6726

    12 in this area

    1,906 Total Sales

    Lee Ann Wilkinson
    Section Image
  • Tyson Mayers

    Seller's Agent in 2020

    Tyson Mayers

    Keller Williams Realty

    (302) 542-3967

    2 in this area

    83 Total Sales

    Tyson Mayers
    Section Image

  • B

    Buyer's Agent in 2020

    BRUCE VAVALA

    Rehoboth Bay Realty, Co.

    Section Image

  • N

    Buyer's Agent in 2016

    Nora Martin

    RE/MAX Realty Group-Rehoboth Beach

    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2004318

Bright MLS

APN: 334-20.14-36.03

Delaware Sussex County Dewey Beach 19971

101 Swedes St Unit 2, Dewey Beach, DE

This home is located at 101 Swedes St Unit 2, Dewey Beach, DE 19971 since 19 August 2021 and is currently estimated at $1,612,865, approximately $617 per square foot. This property was built in 2016. 101 Swedes St Unit 2 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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