NOT LISTED FOR SALE

116 Clayton St Unit 2 Dewey Beach, DE 19971

4 Beds
2 Baths
1,800 Sq Ft
1974 Built

Last Sold June 17, 2021

Last sale price $830,000 $461 Per Sq Ft

20 Days on Market

Highlights

  • Penthouse
  • Deck
  • Furnished
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of June 2021

COASTAL. DOWNTOWN. INVESTMENT MACHINE. Relaxing is easy in this chic and updated 4 bedroom, 2 bath condo located in the heart of Dewey Beach. This move-in ready and fully furnished unit features an open living/dining area with a fabulous large wraparound deck which is a perfect space for living, relaxing, and entertaining. The condo features beautiful wood flooring that extends into the remodeled kitchen where you will find gorgeous countertops, an island with breakfast bar and an attached deck. The beautifully furnished bedrooms are light, airy, and spacious. You’re only 1.5 blocks from the beach and steps from the Bay, so plan to enjoy ocean days, restaurants, clubs and entertainment, shopping, and all that Dewey has to offer. Parking includes 4 off street spaces available along with NO HOA fees or land lease! For the investors, this unit is already booked at 50K for 2021 with the upside potential of 65-70K for the year. Don’t miss out!

Last Agent to Sell the Property

Andy Staton

Monument Sotheby's International Realty License #RS-0016036 Listed on: 04/23/2021

Monument Sotheby's International Realty

Last Buyer's Agent

Joann Glussich

Keller Williams Realty License #RS-0021140

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,121

Year Built

  • Built in 1974

Parking

  • 4 Off-Street Spaces

Home Design

  • Penthouse
  • Frame Construction
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Stove
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heating Available
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Deck
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.14-50.00-2

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Holly Tree Condominium Condos
  • Holly Tree Community
  • Rehoboth By The Sea Subdivision

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,121

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Lincoln bust, the license plates in the kitchen, the oar under the TV, Tico Water Fridge, and varous decorative items.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-04-27
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Remarks Public: COASTAL. DOWNTOWN. INVESTMENT MACHINE. Relaxing is easy in this chic and updated 4 bedroom, 2 bath condo located in the heart of Dewey Beach. This move-in ready and fully furnished unit features an open living/dining area with a fabulous large wraparound deck which is a perfect space for living, relaxing, and entertaining. The condo features beautiful wood flooring that extends into the remodeled kitchen where you will find gorgeous countertops, an island with breakfast bar and an attached deck. The beautifully furnished bedrooms are light, airy, and spacious. You’re only 1.5 blocks from the beach and steps from the Bay, so plan to enjoy ocean days, restaurants, clubs and entertainment, shopping, and all that Dewey has to offer. Parking includes 4 off street spaces available along with NO HOA fees or land lease! For the investors, this unit is already booked at 50K for 2021 with the upside potential of 65-70K for the year. Don’t miss out!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Stove, Oven - Single, Range Hood, Exhaust Fan, Cooktop, Refrigerator, Microwave, Dishwasher, Dryer, Washer
  • Entry Floor: 2
  • Flooring Type: Carpet, Wood
  • Interior Amenities: Ceiling Fan(s), Breakfast Area, Carpet, Combination Dining/Living, Dining Area, Kitchen - Eat-In, Kitchen - Island, Upgraded Countertops, Window Treatments, Wood Floors
  • Window Features: Screens
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 477.78
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Holly Tree Condominium
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • 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: Deck(s)
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 50000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5204422
  • School Tax: 725.00
  • Tax Annual Amount: 1121.00
  • Assessor Parcel Number: 334-20.14-50.00-2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/17/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $830,000 -3.5% $461 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $859,999 -- $478 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU181582

Bright MLS