NOT LISTED FOR SALE

11 Virginia Ave Unit 101 Rehoboth Beach, DE 19971

Estimated Value: $648,000 - $762,000

1 Bed
1 Bath
550 Sq Ft
$532/mo HOA Fee

Last Sold October 23, 2024

Last sale price $634,000 $1,153 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,384/month

39 Days on Market

Highlights

  • Ocean View
  • Water Oriented
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Building is oceanfront but unit may not have water views
  • 4-minute walk to Lake Gerar Park

About This Home

As of October 2024

Views of the Atlantic Ocean can be yours! This luxury, one of a kind, first floor, one bedroom condo is located in The Crest just a half block to Rehoboth Beach and Boardwalk. No expense has been spared in the sleek- modern designer renovations and upgrades. One of the best ocean block locations in Rehoboth Beach! Steps to the beach, boardwalk, restaurants, shops, Lake Gerar and the bandstand. Residence features ocean views from the living room, bedroom, and private patio - an area perfect for entertaining with a separate entrance to the adjacent yard, a very friendly area for your pets. This home is being sold turn- key furnished with designer furnishings with a few exclusions. Open kitchen with top-of-the-line German cabinetry from Alno, including spice cabinet, wine rack, quartz countertops, and stainless-steel appliances. Sleek modern bath with white porcelain flooring from Porcelanosa. The Crest is a pet friendly boutique building with amenities including unlimited rentals, pool, parking, intercom security system, shared laundry, secure bike rack and storage locker. Bring your most discerning buyer! This could be an excellent rental opportunity or perfect as your own private retreat.

Last Agent to Sell the Property

Carla Campbell

(302) 542-5534 carla@beachteam.com Monument Sotheby's International Realty License #RA-0003577 Listed on: 08/11/2024

Monument Sotheby's International Realty

Last Buyer's Agent

Marilynn Kuebler

(302) 528-1369 marilynnkuebler@comcast.net Monument Sotheby's International Realty License #RS-0017650

Monument Sotheby's International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • Building is oceanfront but unit may not have water views
  • Landscaped
  • Cleared Lot
  • Property is in excellent condition

HOA Fees

  • $532 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 550 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Ocean Views
  • Intercom

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Off-Street Space
  • Paved Parking
  • Parking Space Conveys
  • Assigned Parking

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Enclosed Patio or Porch
  • Outdoor Storage

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-14.14-17.00-101

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, pool(s)
  • 17 Units
  • Low-Rise Condominium
  • Crest Community
  • North Rehoboth Subdivision
  • Property Manager

Amenities

  • Laundry Facilities
  • Community Storage Space
  • 1 Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

HOA Fees

$532 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1969
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Dining Area, Elevator, Entry Level Bedroom, Floor Plan - Open, Kitchen - Galley, Upgraded Countertops
  • Fireplace: No
  • Elevators Count: 1
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: No
  • Laundry Type: Common, Shared, Has Laundry
  • Total Sq Ft: 550
  • Living Area Sq Ft: 550
  • Price Per Sq Ft: 1180.00
  • Above Grade Finished Sq Ft: 550
  • Above Grade Finished Area Units: Square Feet

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: Concrete
  • Exterior Features: Secure Storage
  • View: Ocean
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys, Paved Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

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
  • Security: Main Entrance Lock, Intercom, Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1595.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Laundry Facilities, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pool(s)
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Cleared, Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Patio(s), Enclosed
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 679.00
  • Tax Annual Amount: 392239.00
  • Assessor Parcel Number: 334-14.14-17.00-101
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2024
Closed on
Oct 10, 2024
Sold by
Jones Jeffrey A
Bought by
Callaway Carolyn and Hower Sharon
Seller's Agent
Carla Campbell
Monument Sotheby's International Realty
Buyer's Agent
Marilynn Kuebler
Monument Sotheby's International Realty
List Price
$649,000
Sold Price
$634,000
Premium/Discount to List
-$15,000
-2.31%
Views
132
Current Estimated Value
$712,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,431
Avg. Annual Appreciation
8.58%
Original Mortgage
$375,000
Outstanding Balance
$370,944
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$325,437

Purchase Details

Listed on
Nov 12, 2021
Closed on
Jan 10, 2022
Sold by
Anne C Hume Revocable Trust
Bought by
Jones Jeffrey A
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Carla Campbell
Monument Sotheby's International Realty
List Price
$589,000
Sold Price
$577,000
Premium/Discount to List
-$12,000
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%
Original Mortgage
$461,600
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2017
Sold by
Hume Anne C
Bought by
Rev Trust Agreement Of Anne C Hume Dated

Purchase Details

Closed on
Apr 20, 1995
Bought by
Hume Anne C & Leslie G (Trustees)
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Callaway Carolyn $634,000 None Listed On Document
Jones Jeffrey A $577,000 Ward & Taylor Llc
Rev Trust Agreement Of Anne C Hume Dated -- None Available
Hume Anne C & Leslie G (Trustees) $6,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callaway Carolyn $375,000
Previous Owner Jones Jeffrey A $461,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2024 10/23/24 Sold $634,000 -2.3% $1,153 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
08/11/2024 08/11/24 For Sale $649,000 +12.5% $1,180 / Sq Ft
01/14/2022 01/14/22 Sold $577,000 -2.0% $1,049 / Sq Ft View Prior Sale
11/30/2021 11/30/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $589,000 0.0% $1,071 / Sq Ft
11/08/2021 11/08/21 Price Changed $589,000 +2.4% $1,071 / Sq Ft
11/07/2021 11/07/21 Price Changed $575,000 -- $1,045 / 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
2025 $1,257 $12,500 $0 $12,500
2024 $747 $12,500 $0 $12,500
2023 $746 $12,500 $0 $12,500
2022 $720 $12,500 $0 $12,500
2021 $713 $12,500 $0 $12,500
2020 $711 $12,500 $0 $12,500
2019 $712 $12,500 $0 $12,500
2018 $665 $15,150 $0 $0
2017 $637 $15,150 $0 $0
2016 $605 $15,150 $0 $0
2015 $578 $15,150 $0 $0
2014 $574 $15,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2068282

Bright MLS

APN: 334-14.14-17.00-101