$465,000
SOLD JUL 17, 2020

11 Virginia Ave Unit 204 Rehoboth Beach, DE 19971

2 Beds
1 Bath
-- Sq Ft
$372/mo HOA Fee

Recently Sold

7% Below List Price

400 Days on Market

Highlights

  • Main Floor Bedroom
  • Community Pool
  • Walk-In Closet
  • Rehoboth Elementary School Rated A
  • Balcony
  • 4-minute walk to Lake Gerar Park

About This Home

As of September 2023

Welcome to the Crest, an ocean block condo just steps to the beach and boardwalk. This desirable 15 unit condo features a sparkling pool, secure entrance, elevator, storage space, off-street parking, and on-site laundry. The spacious living area has sliders out to a private balcony where you'll hear the crash of waves while you sip your morning coffee or relax with an evening glass of wine. This 2 bedroom condo has a proven rental history which will only get better. Recently painted and ready for new owners and tenants. Park your car and walk to all the best shopping, dining, and entertainment offerings in downtown Rehoboth Beach.

Last Agent to Sell the Property

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 05/01/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Travis Wyshock

Delaware Coastal Realty License #RS-0025150

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,121

Year Built

  • Built in 1972

HOA Fees

  • $372 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Masonry

Interior Spaces

  • Property has 1 Level
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • Parking Lot

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • 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

  • Association fees include pool(s)
  • 1 Elevator
  • Low-Rise Condominium
  • Crest Community
  • North Rehoboth Subdivision

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,121

Year Built

Built in 1972

Lot Details

0

HOA Fees

$372 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
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: Furniture/furnishings included with minor personal exceptions.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Remarks Public: Welcome to the Crest, an ocean block condo just steps to the beach and boardwalk. This desirable 15 unit condo features a sparkling pool, secure entrance, elevator, storage space, off-street parking, and on-site laundry. The spacious living area has sliders out to a private balcony where you'll hear the crash of waves while you sip your morning coffee or relax with an evening glass of wine. This 2 bedroom condo has a proven rental history which will only get better. Recently painted and ready for new owners and tenants. Park your car and walk to all the best shopping, dining, and entertainment offerings in downtown Rehoboth Beach.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Electric, Range Hood, Refrigerator
  • Entry Floor: 2
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Entry Level Bedroom, Walk-In Closet(s), Window Treatments
  • Window Features: Screens
  • Elevators Count: 1
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Brick, Masonry
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4460.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Extra Storage, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2018
  • Zoning: 2
  • Zoning Description: Town Codes
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 26000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5196078
  • School Tax: 813.00
  • Tax Annual Amount: 1121.00
  • Assessor Parcel Number: 334-14.14-17.00-204
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/17/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

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%
Views
842
Current Estimated Value
$743,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,605
Avg. Annual Appreciation
10.46%

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
Source: Public Records

Similar Homes in Rehoboth Beach, DE

  • 8 Olive Ave Unit 205, Rehoboth Beach, DE 19971

    $549,900

    • 1 Bed
    • 1 Bath
    • 8 Olive Ave
    • Unit 205
    • Rehoboth Beach, DE

    LOCATION, LOCATION, LOCATION! Welcome to Patrician Towers in Rehoboth Beach, DE, where coastal charm meets an unbeatable ocean-block location that truly sets it apart. Just a short distance from the beach and boardwalk, this fully furnished corner unit offers an unparalleled beachside experience. Featuring two balconies and three sets of sliding glass doors, this bright and inviting condo

    Sharon Daugherty Keller Williams Realty Delmarva

    Section Image
  • 19708 Chelmer Dr Unit V8, Rehoboth Beach, DE 19971

    $510,000

    • 2 Beds
    • 2 Baths
    • 1,332 Sq Ft
    • 19708 Chelmer Dr
    • Unit V8
    • Rehoboth Beach, DE

    Grande at Canal Pointe! Freshly painted, spacious 2 two bedroom, two bath, 2nd floor condo with elevator access and a pond view! Walk or bike to the beach and boardwalk! The large open layout kitchen offers a refreshing break from the small galley kitchens you see in so many beach condos. You will enjoy an abundance of cabinet space, island seating, granite counters, gas cooking and hardwood

    DEBBIE REED RE/MAX Realty Group Rehoboth

    Section Image
  • 4100 Sandpiper Dr Unit 4119, Rehoboth Beach, DE 19971

    $569,000

    • 3 Beds
    • 3 Baths
    • 1,597 Sq Ft
    • 4100 Sandpiper Dr
    • Unit 4119
    • Rehoboth Beach, DE

    Proven short term rental money maker! This penthouse condo offers two levels. Main level featuring dining area and living room w/open and airy two-story vaulted ceilings, primary bedroom with private bath and walk-in closet, plus guest bedroom w/private access to a full bath. The second level features an additional bedroom and loft area with full bath. Enjoy sunrise and the tranquility on the

    DEBBIE REED RE/MAX Realty Group Rehoboth

    Section Image
  • 100 Cascade Ln Unit 101, Rehoboth Beach, DE 19971

    $395,000

    • 2 Beds
    • 2 Baths
    • 940 Sq Ft
    • 100 Cascade Ln
    • Unit 101
    • Rehoboth Beach, DE

    Rehoboth Beach 2-bedroom, 2-bathroom condo situated on the first floor for easy access. Its rear corner location ensures privacy, featuring a serene wooded backdrop. The unit is freshly painted and boasts new LVP flooring throughout, updated stainless steel appliances, shutter window treatments, and a storm door. The open floor plan includes a living room and dining area that flows into a

    DEBBIE REED RE/MAX Realty Group Rehoboth

    Section Image
  • 34686 Refuge Cove Unit 1201E, Rehoboth Beach, DE 19971

    $410,000

    • 3 Beds
    • 2 Baths
    • 1,553 Sq Ft
    • 34686 Refuge Cove
    • Unit 1201E
    • Rehoboth Beach, DE

    Charming Coastal Retreat in Woods Cove! Welcome to this beautifully maintained 3-bedroom, 2-bathroom home, perfectly situated in the highly sought-after Woods Cove community of Rehoboth Beach. Combining comfort, style, and convenience, this home offers the ideal setting for year-round living or a serene coastal getaway. Step inside to discover a bright and airy open floor plan enhanced by

    Anthony Sacco RE/MAX Associates

    Section Image
  • 8 Olive Ave Unit 102, Rehoboth Beach, DE 19971

    $529,900

    • Studio
    • 1 Bath
    • 8 Olive Ave
    • Unit 102
    • Rehoboth Beach, DE

    Ocean block furnished condo. Less than 1,000 feet to the beach and boardwalk. Park your vehicle in the parking garage and walk to all attractions, stores, and restaurants. This secure building has onsite management, beautiful courtyard with Koi pond, outdoor shower, outdoor bathroom and much more! This location is amazing. This unit is on the 1st floor with absolutely no steps! You can access

    Andy Whitescarve Whitescarver RE/MAX Realty Group Rehoboth

    Section Image
  • 8 Olive Ave Unit 102, Rehoboth Beach, DE 19971

    $519,900

    • Studio
    • 1 Bath
    • 8 Olive Ave
    • Unit 102
    • Rehoboth Beach, DE

    Ocean block furnished condo. Less than 1,000 feet to the beach and boardwalk. Park your vehicle in the parking garage and walk to all attractions, stores, and restaurants. This secure building has onsite management, beautiful courtyard with Koi pond, outdoor shower, outdoor bathroom and much more! This location is amazing. This unit is on the 1st floor with absolutely no steps! You can access

    Andy Whitescarve Whitescarver RE/MAX Realty Group Rehoboth

    Section Image
  • 409 Rehoboth Ave Unit F-12, Rehoboth Beach, DE 19971

    $489,000

    • 1 Bed
    • 1 Bath
    • 400 Sq Ft
    • 409 Rehoboth Ave
    • Unit F-12
    • Rehoboth Beach, DE

    Step into this beautifully maintained, furnished and move-in-ready 1bd/1ba condo, easily sleeps four! Thoughtfully updated, this condo features a renovated kitchen with elegant granite countertops, upgraded cabinetry and tiled floors. The modern bathroom boasts a sleek Corian shower surround and tasteful tile. Enjoy year round comfort with newer HVAC units, newer windows and slider for enhanced

    John Black Patterson-Schwartz-Rehoboth

    Section Image
  • 400 Henlopen Stat Unit 201D, Rehoboth Beach, DE 19971

    $525,000

    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft
    • 400 Henlopen Stat
    • Unit 201D
    • Rehoboth Beach, DE

    JUST IN TIME FOR THE SUMMER! Completely furnished and meticulously maintained, Rehoboth Beach Condo - 10 blocks to the sand with excellent rental potential! Henlopen Station has a nearly perfect location - you can walk, bike, bus, or scooter down to the sand and surf. This 2nd-floor, end-unit flat is just over 1,000 sq. ft., plus a private balcony. This 2-bedroom 2 bath unit has been thoughtfully

    Katina Geralis EXP Realty, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $650,000 None Listed On Document
Deed $465,000 None Available
Deed $900,000 None Available
Deed $3,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $395,250 New Conventional
Previous Owner $240,000 New Conventional
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

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 $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU139430

Bright MLS

APN: 334-14.14-17.00-204