NOT LISTED FOR SALE

11 Newbold Square Unit 11 Rehoboth Beach, DE 19971

Estimated Value: $437,000 - $518,000

1 Bed
1 Bath
580 Sq Ft
$320/mo HOA Fee

Last Sold February 23, 2024

Last sale price $450,000 $776 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,011/month

Highlights

  • Open Floorplan
  • Lake Privileges
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Traditional Architecture
  • Furnished

About This Home

As of February 2024

Rarely avail. 1BR, 1BA first floor condo on Silver Lake. Beautifully furnished open concept condo w/FP & walk out patio. Enjoy morning coffee on the patio & ponder your adventures. Consider you're only 3 blks to the beach crossing Turtle Foot Bridge. Maybe swim as the lake side pool has expansive views. Launch your kayak or bike the trails or play basketball, tennis, or pickle ball next door at the Rehoboth Elementary School. An evening stroll to a fabulous restaurant or walk the boards. Just life at the beach ! This turn-key end unit sleeps 4 & will rent for $1000/wk. Only owner pets permitted. Listed at appraised value.

Last Agent to Sell the Property

Lucius Webb

Jack Lingo - Rehoboth License #RS-0017469 Listed on: 01/30/2024

Jack Lingo - Rehoboth

Last Buyer's Agent

Lucius Webb

Jack Lingo - Rehoboth License #RS-0017469 Listed on: 01/30/2024

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $731

Year Built

  • Built in 1969

Lot Details

  • 1 Common Wall
  • West Facing Home

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Synthetic Stucco Exterior
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 580 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Accessible Home Design

  • Halls are 36 inches wide or more

Outdoor Features

  • Lake Privileges
  • Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 334-20.05-356.00-11

Community Details

Overview

  • Association fees include lawn maintenance, exterior building maintenance
  • Low-Rise Condominium
  • Newbold Sq Condo Assoc Condos
  • Newbold Square Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$731

Year Built

Built in 1969

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-02-01
  • Federal Flood Zone: No
  • Year Built: 1969
  • Automatically Close On Close Date: No
  • Remarks Public: Rarely avail. 1BR, 1BA first floor condo on Silver Lake. Beautifully furnished open concept condo w/FP & walk out patio. Enjoy morning coffee on the patio & ponder your adventures. Consider you're only 3 blks to the beach crossing Turtle Foot Bridge. Maybe swim as the lake side pool has expansive views. Launch your kayak or bike the trails or play basketball, tennis, or pickle ball next door at the Rehoboth Elementary School. An evening stroll to a fabulous restaurant or walk the boards. Just life at the beach ! This turn-key end unit sleeps 4 & will rent for $1000/wk. Only owner pets permitted. Listed at appraised value.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Washer/Dryer Stacked, Water Heater, Refrigerator, Icemaker, Exhaust Fan, Oven/Range - Electric
  • Entry Floor: 1
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Flat, Kitchen - Table Space, Bathroom - Stall Shower
  • Window Features: Sliding, Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Door Features: Insulated, Sliding Glass
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 580
  • Living Area Sq Ft: 580
  • Price Per Sq Ft: 775.86
  • Above Grade Finished Sq Ft: 580
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Composition, Frame, Masonry, Synthetic Stucco
  • Exterior Features: Exterior Lighting, Sidewalks
  • Road Surface Type: Black Top, Paved
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

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 Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 960.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Newbold Sq Condo Assoc
  • HOA Condo Co-Op Amenities: Water/Lake Privileges, Swimming Pool, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Ext Bldg Maint
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground, Fenced

Schools

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

Lot Info

  • Horses: No
  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2023
  • Zoning: TN
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 551.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 731.00
  • Assessor Parcel Number: 334-20.05-356.00-11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 02/23/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Feb 23, 2024
Sold by
Bingman William S
Bought by
Warner Denise R and Terzian Kenneth A
Seller's Agent
Lucius Webb
Jack Lingo - Rehoboth
Buyer's Agent
Lucius Webb
Jack Lingo - Rehoboth
List Price
$450,000
Sold Price
$450,000
Views
16
Current Estimated Value
$483,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,909
Avg. Annual Appreciation
5.03%
Original Mortgage
$292,500
Outstanding Balance
$278,884
Interest Rate
5.87%
Mortgage Type
New Conventional
Estimated Equity
$205,025

Purchase Details

Closed on
May 7, 2003
Bought by
Bingman Frank W
Source: Public Records

Range of Values:

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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
Warner Denise R $450,000 None Listed On Document
Bingman Frank W $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warner Denise R $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $450,000 0.0% $776 / Sq Ft
01/30/2024 01/30/24 For Sale $450,000 -- $776 / 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 $665 $12,300 $0 $12,300
2023 $665 $12,300 $0 $12,300
2022 $642 $12,300 $0 $12,300
2021 $636 $12,300 $0 $12,300
2020 $577 $12,300 $0 $12,300
2019 $635 $12,300 $0 $12,300
2018 $593 $13,500 $0 $0
2017 $568 $13,500 $0 $0
2016 $539 $13,500 $0 $0
2015 $515 $13,500 $0 $0
2014 $511 $13,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucius Webb

    Seller's Agent in 2024

    Lucius Webb

    Jack Lingo - Rehoboth

    (302) 258-4590

    36 in this area

    99 Total Sales

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Map

Source: Bright MLS

MLS Number: DESU2055038

Bright MLS

APN: 334-20.05-356.00-11

Delaware Sussex County Rehoboth Beach 19971

11 Newbold Square Unit 11, Rehoboth Beach, DE

This home is located at 11 Newbold Square Unit 11, Rehoboth Beach, DE 19971 since 30 January 2024 and is currently estimated at $483,909, approximately $834 per square foot. This property was built in 1969. 11 Newbold Square Unit 11 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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