NOT LISTED FOR SALE

107 Rodney Ave Unit C Dewey Beach, DE 19971

Estimated Value: $1,161,665 - $1,343,000

3 Beds
2.5 Baths
1,600 Sq Ft
$778/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $615,000 $384 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $6,655/month

129 Days on Market

Highlights

  • Water Oriented
  • Bay View
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Gourmet Kitchen
  • Contemporary Architecture

About This Home

As of July 2020

Get your slice of Dewey perfection tucked between the Rehoboth Bay and Atlantic Ocean. Marina Reach offers 3 levels of living, with two balconies, wood burning fireplace, bay views and killer sunsets. This end unit townhouse, being offered furnished, has been renovated with hardwood flooring throughout, new kitchen cabinets, granite counters and renovated baths with new vanities, custom tile showers and tile flooring. Steps from the marina and 1.5 blocks to the beach. Half of the garage has been converted to a 2nd living space leaving a 10x10 garage for all your beach toys. Excellent rental potential!

Last Agent to Sell the Property

DEBBIE REED

(302) 227-4800 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 01/29/2020

RE/MAX Realty Group Rehoboth

Co-Listed By

AMY WARICK

(302) 227-4800 amy@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016761

Last Buyer's Agent

Suzanne Macnab

(302) 537-3400 kim@kimhook.com RE/MAX Coastal License #RS-0012856

RE/MAX Coastal

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1994

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 25.00 x 90.00
  • Property fronts the bay but unit may not have water views
  • Property is in very good condition

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Bay Views
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Multiple Balconies

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • Association fees include lawn maintenance, trash, common area maintenance
  • Marina Reach Community

Listing and Financial Details

  • Assessor Parcel Number 334-20.18-121.02

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,750

Year Built

Built in 1994

Lot Details

2,178 Sq Ft Lot

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Personal items, some artwork, some kitchen items
  • Inclusions: Sold furnished
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Pantry, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 3, Kitchen, Family Room, Great Room, Full Bath
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 396.88
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: No
  • Water Body Name: Rehoboth Bay & Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • 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: 800.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Trash, Common Area Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 25.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Very Good
  • Zoning: TN 376
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5204637
  • School Tax: 1460.00
  • Tax Annual Amount: 1750.20
  • Assessor Parcel Number: 334-20.18-121.02
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Jul 7, 2020
Sold by
Kazemzadeh Sedigheh
Bought by
Schwartzman Seth A and Schwartzman Sara L
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Suzanne Macnab
RE/MAX Coastal
List Price
$650,000
Sold Price
$615,000
Premium/Discount to List
-$35,000
-5.38%
Current Estimated Value
$1,244,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,555
Avg. Annual Appreciation
13.39%
Original Mortgage
$492,000
Outstanding Balance
$436,273
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$808,282

Purchase Details

Closed on
Aug 12, 2010
Bought by
Kazemzadeh Sedigheh

Purchase Details

Closed on
Apr 28, 2010
Bought by
Kazemzadeh Sedigheh
Source: Public Records
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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
Schwartzman Seth A $615,000 None Available
Kazemzadeh Sedigheh $517,500 --
Kazemzadeh Sedigheh $517,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartzman Seth A $492,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2020 07/09/20 Sold $615,000 -3.1% $384 / Sq Ft
03/06/2020 03/06/20 Price Changed $635,000 -2.3% $397 / Sq Ft
01/29/2020 01/29/20 For Sale $650,000 -- $406 / Sq Ft
Source: Bright MLS

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 $2,117 $34,300 $4,900 $29,400
2024 $2,009 $34,300 $4,900 $29,400
2023 $2,008 $34,300 $4,900 $29,400
2022 $1,949 $34,300 $4,900 $29,400
2021 $1,934 $34,300 $4,900 $29,400
2020 $1,928 $34,300 $4,900 $29,400
2019 $1,909 $34,300 $4,900 $29,400
2018 $1,506 $34,300 $0 $0
2017 $1,442 $34,300 $0 $0
2016 $1,399 $34,300 $0 $0
2015 $1,338 $34,300 $0 $0
2014 $1,328 $34,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU154930

Bright MLS

APN: 334-20.18-121.02

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