Seller's Agent in 2020
JOSEPH CHOMA
BHHS PenFed (actual)
(302) 381-5602
12 in this area
36 Total Sales
107 Collins Ave Unit 501 Dewey Beach, DE 19971
Estimated Value: $650,822 - $1,138,000
4
Beds
3
Baths
1,340
Sq Ft
$715/Sq Ft
Est. Value
Highlights
- Bay View
- Deck
- Great Room
- Rehoboth Elementary School Rated A
- Wood Flooring
- 3-minute walk to Delaware Seashore State Park
About This Home
As of August 2020Dewey Beach! Bay and marina views! This 4bed/3full bath is highlighted with 2 master beds. The entire exterior of the community was just tastefully renovated last summer. A one time assessment of $33K was imposed to the owners. THE OWNER WILL PAY THE ENTIRE $33K ASSESSMENT at time of settlement for an acceptable contract!! Renovations include new roof, siding, trex steps and staircases, 2 trex patios accented with vinyl rails, common ground maintenance, tennis areas, in ground pool areas & fencing. Summer lease in place ($21,500) for the 2020 season. Money in the bank! The interior shows just as well as the exterior! The granite kitchen was renovated 3 years ago, HVAC 3 years old, custom colors and crown molding throughout, replaced vinyl windows and sliding doors, all new interior 6 panel doors, custom blinds and valances, skylights and to cap it off a gas fireplace to enjoy in the off season!!This home comes completely turn key and fully furnished, furnishings 3 yrs young. Only one short block to the ocean and only 50 steps to the bay, this unit offers a great rental investment opportunity or personal use. Why pay the price of new construction??? Park your car, hide the keys and walk to everything that beautiful Dewey has to offer!
Last Agent to Sell the Property
(302) 381-5602 joechoma@deweybeachhomesales.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0015525 Listed on: 01/18/2019
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,699
Year Built
- Built in 1985 | Remodeled in 2017
Lot Details
- 2,570
HOA Fees
- $350 Monthly HOA Fees
Home Design
- Architectural Shingle Roof
- Vinyl Siding
- Modular or Manufactured Materials
- Piling Construction
Interior Spaces
- 1,340 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Insulated Windows
- Window Treatments
- Window Screens
- Insulated Doors
- Great Room
- Dining Room
- Bay Views
Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Laminate
- Tile or Brick
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Laundry
- Laundry on lower level
- Electric Dryer
- Washer
Home Security
Parking
- 2 Open Parking Spaces
- Stone Driveway
- Off-Street Parking
- 1 Assigned Parking Space
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- 220 Volts
- Electric Water Heater
- Cable TV Available
Additional Features
- More Than Two Accessible Exits
- Deck
- Flood Risk
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-23.06-4.00-501
Community Details
Overview
- Association fees include common area maintenance, pool(s)
- Cove Community
- Indian Beach Subdivision
Recreation
- Tennis Courts
- Community Pool
Security
- Storm Windows
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2019
Closed on
Aug 14, 2020
Sold by
Jankowski John J
Bought by
Hampson James S and Hampson Giuiseppina
Seller's Agent
JOSEPH CHOMA
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Kathy McGuiness
Jack Lingo - Rehoboth
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,456
Avg. Annual Appreciation
10.43%
Original Mortgage
$325,000
Outstanding Balance
$230,256
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$727,200
Purchase Details
Closed on
May 6, 1999
Bought by
Jankowski John J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hampson James S | $575,000 | None Available | |
| Jankowski John J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hampson James S | $325,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2020 08/14/20 | Sold | $575,000 | 0.0% | $429 / Sq Ft |
| 07/10/2020 07/10/20 | Pending | -- | -- | -- |
| 01/02/2020 01/02/20 | For Sale | $575,000 | 0.0% | $429 / Sq Ft |
| 12/31/2019 12/31/19 | Off Market | $575,000 | -- | -- |
| 09/13/2019 09/13/19 | Price Changed | $575,000 | -2.4% | $429 / Sq Ft |
| 01/18/2019 01/18/19 | For Sale | $589,000 | -- | $440 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,197 | $26,100 | $0 | $26,100 |
| 2024 | $1,674 | $26,100 | $0 | $26,100 |
| 2023 | $1,673 | $26,100 | $0 | $26,100 |
| 2022 | $1,626 | $26,100 | $0 | $26,100 |
| 2021 | $1,614 | $26,100 | $0 | $26,100 |
| 2020 | $20 | $26,100 | $0 | $26,100 |
| 2019 | $1,589 | $26,100 | $0 | $26,100 |
| 2018 | $1,208 | $27,500 | $0 | $0 |
| 2017 | $1,156 | $27,500 | $0 | $0 |
| 2016 | $1,127 | $27,500 | $0 | $0 |
| 2015 | $1,078 | $27,500 | $0 | $0 |
| 2014 | $1,070 | $27,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
JOSEPH CHOMA
-
Kathy McGuiness
Buyer's Agent in 2020
Kathy McGuiness
Jack Lingo - Rehoboth
(302) 245-8644
Map
Source: Bright MLS
MLS Number: DESU129576
APN: 334-23.06-4.00-501
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