NOT LISTED FOR SALE

116 Bellevue St Unit A Dewey Beach, DE 19971

Estimated Value: $397,823 - $822,000

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. 67% increase in value since last sale

Current estimated payment $4,080/month

11 Days on Market

Highlights

  • Beach
  • Bay View
  • Furnished
  • Rehoboth Elementary School Rated A
  • Deck
  • 3-minute walk to Sunset Park

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 Listed By

George Becker

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

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
  • Air Source Heat Pump
  • 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%
Total Days on Market
11
Current Estimated Value
$669,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,456
Avg. Annual Appreciation
7.60%
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

Range of Values:

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Average Value
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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
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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Source: Bright MLS

MLS Number: 1001036132

Bright MLS

APN: 334-20.18-47.02-5