$450,000
SOLD JUN 16, 2017

11 Virginia Ave Unit 204 Rehoboth Beach, DE 19971

2 Beds
1 Bath
850 Sq Ft
$323/mo HOA Fee

Recently Sold

$529 Per Sq Ft

2% Below List Price

12 Days on Market

Highlights

  • In Ground Pool
  • Elevator
  • Storm Windows
  • Rehoboth Elementary School Rated A
  • Balcony
  • 4-minute walk to Lake Gerar Park

About This Home

As of September 2023

Very desirable Ocean Block Condo at The Crest, 11 Virginia Avenue on North side of Rehoboth Beach and Boardwalk! This property features 2 bedrooms and 1 full bath, a bright open floor plan, private balcony, and comes furnished with a few exclusions. This building offers a secured lobby, elevator, off street parking, swimming pool, storage, and coin operated washer/dryer too! Water and sewer are included in the condo fee. Buy now and settle in time to enjoy Summer 2017 at the beach! Just park and walk to all Rehoboth Beach has to offer, and it's a great rental too!

Last Agent to Sell the Property

Michael Bacher

(302) 226-6649 michaelbacher@aol.com Jack Lingo - Rehoboth Listed on: 04/05/2017

Jack Lingo - Rehoboth

Co-Listed By

Michael Rodriguez

(302) 236-7649 mrod@jacklingo.com Jack Lingo - Rehoboth License #RS-0017904

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,039

Year Built

  • Built in 1972

HOA Fees

  • $323 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 850 Sq Ft Home
  • Property has 3 Levels
  • Partially Furnished
  • Ceiling Fan
  • Window Treatments
  • Window Screens

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space Included
  • Driveway
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Additional Features

  • Balcony
  • Landscaped
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.14-17.00-204

Community Details

Overview

  • High-Rise Condominium
  • Crest Community
  • North Rehoboth Subdivision

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,039

Year Built

Built in 1972

Lot Details

0

HOA Fees

$323 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Year Built: 1972
  • Remarks Public: Very desirable Ocean Block Condo at The Crest, 11 Virginia Avenue on North side of Rehoboth Beach and Boardwalk! This property features 2 bedrooms and 1 full bath, a bright open floor plan, private balcony, and comes furnished with a few exclusions. This building offers a secured lobby, elevator, off street parking, swimming pool, storage, and coin operated washer/dryer too! Water and sewer are included in the condo fee. Buy now and settle in time to enjoy Summer 2017 at the beach! Just park and walk to all Rehoboth Beach has to offer, and it's a great rental too!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Range Hood, Refrigerator
  • Entry Floor: 204
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Window Features: Screens, Storm
  • Fireplace: No
  • Foundation Details: Block
  • Floors In Unit Count: 1
  • Level Count: 4
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 850
  • Living Area Sq Ft: 850
  • Net Sq Ft: 850.00
  • Price Per Sq Ft: 540.00
  • Above Grade Finished Sq Ft: 850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Brick
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Pool Features: In Ground
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Paved Driveway
  • Number Of Parking Spaces Included: 1-Car Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3880.00
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Pool - Outdoor, Swimming Pool
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Landscaping
  • Lot Size Units: Acres
  • Outdoor Living Structures: Balcony
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Partially
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 1039.00
  • Assessor Parcel Number: 334-14.14-17.00-204
  • County Tax Payment Frequency: Annually
  • Close Date: 06/16/2017

Multi Family

  • Income Expense List: Total Tax Bill

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
$792,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,653
Avg. Annual Appreciation
10.21%

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

Range of Values:

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Average Value
Not Available
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 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
2025 $1,321 $17,000 $0 $17,000
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

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Map

Source: Bright MLS

MLS Number: 1001027180

Bright MLS

APN: 334-14.14-17.00-204