11 Virginia Ave Unit 204 Rehoboth Beach, DE 19971
Estimated Value: $655,000 - $822,000
2
Beds
1
Bath
--
Sq Ft
$403/mo
HOA Fee
Highlights
- Beach
- Private Lot
- Central Air
- Rehoboth Elementary School Rated A
- Community Pool
- 4-minute walk to Lake Gerar Park
About This Home
As of September 2023Welcome to 204 The Crest! Located less than 1/2 block to the beach and boardwalk in North Rehoboth, this 2nd floor condominium is walking distance to everything in downtown Rehoboth featuring a spacious living area, relaxing balcony, large main bedroom with walk-in closet, and spacious second bedroom with closet. Recent updates include new carpet and flooring, furniture and bedding, window treatments, light fixtures, freshly painted, updated kitchen with all new appliances, butcher block counters and tile backsplash, and updated bathroom with new vanity. The Crest also offers a community pool, off-street parking, and elevator, with washer/dryer and storage locker on the first floor. Recent building updates to balconies, pool, and elevator, with new roof in 2020. Being offered fully furnished and appointed with strong rental history, make this cozy beach condo yours before it's gone!
Last Agent to Sell the Property
Delaware Coastal Realty License #RS-0025150 Listed on: 04/20/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,187
Year Built
- Built in 1971
HOA Fees
- $403 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Flat Roof Shape
- Block Wall
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Back Up Electric Heat Pump System
- 220 Volts
- Electric Water Heater
- Municipal Trash
Additional Features
- Property has 1 Level
- Accessible Elevator Installed
- Flood Risk
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-14.14-17.00-204
Community Details
Overview
- $3,625 Capital Contribution Fee
- Association fees include all ground fee, common area maintenance, exterior building maintenance, pool(s), lawn maintenance
- Low-Rise Condominium
- Crest Community
- Rehoboth Beach Subdivision
- Property Manager
Amenities
- Community Storage Space
Recreation
- Beach
- Community Pool
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2023
Closed on
Sep 13, 2023
Sold by
Sivapatham Thinesh and Sivapatham Sarah
Bought by
11204 Virginia Llc
Seller's Agent
Travis Wyshock
Delaware Coastal Realty
Buyer's Agent
Travis Wyshock
Delaware Coastal Realty
List Price
$850,000
Sold Price
$650,000
Premium/Discount to List
-$200,000
-23.53%
Total Days on Market
116
Views
842
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
$96,381
Avg. Annual Appreciation
11.15%
Purchase Details
Listed on
May 1, 2019
Closed on
Jul 16, 2020
Sold by
Jones-Riland Jacquelyn C
Bought by
Sivapatham Thinesh and Sivapatham Sarah
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Travis Wyshock
Delaware Coastal Realty
List Price
$499,900
Sold Price
$465,000
Premium/Discount to List
-$34,900
-6.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$395,250
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 5, 2017
Closed on
Jun 13, 2017
Sold by
Last Will And Testament Of Helen Marie M
Bought by
Jones Riland Jacquelyn C
Seller's Agent
Michael Bacher
Jack Lingo - Rehoboth
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.07%
Original Mortgage
$240,000
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 20, 1995
Bought by
Malone James T and Malone Marie H
Similar Homes in Rehoboth Beach, DE
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 |
|---|---|---|---|
| 11204 Virginia Llc | $650,000 | None Listed On Document | |
| Sivapatham Thinesh | $465,000 | None Available | |
| Jones Riland Jacquelyn C | $900,000 | None Available | |
| Malone James T | $3,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sivapatham Thinesh | $395,250 | |
| Previous Owner | Jones Riland Jacquelyn C | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2023 09/15/23 | Sold | $650,000 | -13.3% | -- |
| 06/21/2023 06/21/23 | Price Changed | $749,999 | -6.3% | -- |
| 05/20/2023 05/20/23 | Price Changed | $799,999 | -5.9% | -- |
| 04/20/2023 04/20/23 | For Sale | $850,000 | +82.8% | -- |
| 07/17/2020 07/17/20 | Sold | $465,000 | -2.1% | -- |
| 06/04/2020 06/04/20 | Pending | -- | -- | -- |
| 10/30/2019 10/30/19 | Price Changed | $475,000 | -2.1% | -- |
| 07/22/2019 07/22/19 | Price Changed | $485,000 | -3.0% | -- |
| 05/01/2019 05/01/19 | For Sale | $499,900 | +11.1% | -- |
| 06/16/2017 06/16/17 | Sold | $450,000 | -2.0% | $529 / Sq Ft |
| 04/17/2017 04/17/17 | Pending | -- | -- | -- |
| 04/05/2017 04/05/17 | For Sale | $459,000 | -- | $540 / 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 |
|---|---|---|---|---|
| 2024 | $1,015 | $17,000 | $0 | $17,000 |
| 2023 | $1,014 | $17,000 | $0 | $17,000 |
| 2022 | $979 | $17,000 | $0 | $17,000 |
| 2021 | $970 | $17,000 | $0 | $17,000 |
| 2020 | $967 | $17,000 | $0 | $17,000 |
| 2019 | $969 | $17,000 | $0 | $17,000 |
| 2018 | $905 | $20,600 | $0 | $0 |
| 2017 | $866 | $20,600 | $0 | $0 |
| 2016 | $823 | $20,600 | $0 | $0 |
| 2015 | $786 | $20,600 | $0 | $0 |
| 2014 | $781 | $20,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Travis Wyshock
Seller's Agent in 2023
Travis Wyshock
Delaware Coastal Realty
(302) 381-8471
3 in this area
5 Total Sales
-
Lee Ann Wilkinson
Seller's Agent in 2020
Lee Ann Wilkinson
BHHS PenFed (actual)
(302) 278-6726
232 in this area
1,941 Total Sales
-
Michael Bacher
Seller's Agent in 2017
Michael Bacher
Jack Lingo - Rehoboth
(302) 226-6649
17 in this area
32 Total Sales
-
Michael Rodriguez
Seller Co-Listing Agent in 2017
Michael Rodriguez
Jack Lingo - Rehoboth
(302) 236-7649
35 in this area
57 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2039922
APN: 334-14.14-17.00-204
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