NOT LISTED FOR SALE

116 Bellevue St Unit A Dewey Beach, DE 19971

Estimated Value: $620,497 - $838,000

3 Beds
2 Baths
1,100 Sq Ft
$242/mo HOA Fee

Last Sold April 27, 2018

Last sale price $400,000 $364 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,338/month

11 Days on Market

Highlights

  • Beach
  • Bay View
  • Furnished
  • Rehoboth Elementary School Rated A
  • Deck
  • 3-minute walk to John Waples Memorial Playground

About This Home

As of April 2018

In the Heart of Dewey Beach! Great Central Location just a Block off the the Atlantic Ocean and has Rehoboth Bay views. Here is your chance to own a fully furnished, turn-key beach vacation property that is ready for your immediate enjoyment or just as ready as a rental investment property. Walk to all of the Dewey Beach restaurants, music venues, bars, and just steps to the beach or bay - Bellevue St is the center of it all. The off street parking can accommodate up to 3 cars. This 3 Bedroom 2 Full baths Condo also has a gas fireplace and can be enjoyed year round. Buildings have sprinkler systems. Recently updated Heating and A/C. Includes double storage in the garage, a virtual necessity for all the beach toys that accumulate. This was in rental for a short time when new, but then had 15 years of uninterrupted owner-only enjoyment. Just recently added to a minimal summer rental schedule. Hurry, there is still time to start enjoying your very own part of Dewey Beach this Spring!

Last Agent to Sell the Property

George Becker

Bryan Realty Group License #RA-0020389 Listed on: 02/28/2018

Last Buyer's Agent

HENRY MCKAY

Jack Lingo - Rehoboth License #RS-0014889

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 1996

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Bay Views
  • Stacked Electric Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Attached Carport
  • 3 Parking Spaces Included
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-20.18-47.02-5

Community Details

Overview

  • Low-Rise Condominium
  • Rainbow Cove Community

Recreation

  • Beach

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,140

Year Built

Built in 1996

Lot Details

0

HOA Fees

$242 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: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1996
  • Remarks Public: In the Heart of Dewey Beach! Great Central Location just a Block off the the Atlantic Ocean and has Rehoboth Bay views. Here is your chance to own a fully furnished, turn-key beach vacation property that is ready for your immediate enjoyment or just as ready as a rental investment property. Walk to all of the Dewey Beach restaurants, music venues, bars, and just steps to the beach or bay - Bellevue St is the center of it all. The off street parking can accommodate up to 3 cars. This 3 Bedroom 2 Full baths Condo also has a gas fireplace and can be enjoyed year round. Buildings have sprinkler systems. Recently updated Heating and A/C. Includes double storage in the garage, a virtual necessity for all the beach toys that accumulate. This was in rental for a short time when new, but then had 15 years of uninterrupted owner-only enjoyment. Just recently added to a minimal summer rental schedule. Hurry, there is still time to start enjoying your very own part of Dewey Beach this Spring!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Flooring Type: Laminated, Tile/Brick
  • Interior Amenities: Combination Kitchen/Dining, Ceiling Fan(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Floors In Unit Count: 3
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Net Sq Ft: 1100.00
  • Price Per Sq Ft: 389.91
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Gravel Driveway, Under Home Parking
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Carport, Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Private Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2900.00
  • HOA Condo Co-Op Amenities: Beach
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es)
  • Zoning Description: HIGH DENSITY RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5205136
  • Tax Annual Amount: 1140.00
  • Assessor Parcel Number: 334-20.18-47.02-5
  • County Tax Payment Frequency: Annually
  • Close Date: 04/27/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Apr 23, 2018
Sold by
Hutton Marie F and Hutton Clifton
Bought by
Guidash David E and Duidash Judith C
Seller's Agent
George Becker
Bryan Realty Group
Buyer's Agent
HENRY MCKAY
Jack Lingo - Rehoboth
List Price
$428,900
Sold Price
$400,000
Premium/Discount to List
-$28,900
-6.74%
Current Estimated Value
$722,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,124
Avg. Annual Appreciation
7.52%
Original Mortgage
$320,000
Interest Rate
4.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 11, 1996
Bought by
Hutton Marie F and Hutton Clifton
Source: Public Records

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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
Guidash David E $400,000 --
Hutton Marie F $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guidash David E $312,000
Closed Guidash David E $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $400,000 -6.7% $364 / Sq Ft
03/11/2018 03/11/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $428,900 -- $390 / 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 $1,526 $22,100 $0 $22,100
2023 $1,525 $22,100 $0 $22,100
2022 $1,483 $22,100 $0 $22,100
2021 $1,472 $22,100 $0 $22,100
2020 $1,468 $22,100 $0 $22,100
2019 $1,448 $22,100 $0 $22,100
2018 $1,076 $24,500 $0 $0
2017 $1,030 $24,500 $0 $0
2016 $1,007 $24,500 $0 $0
2015 $964 $24,500 $0 $0
2014 $957 $24,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001036132

Bright MLS

APN: 334-20.18-47.02-5