NOT LISTED FOR SALE

12 Vandyke St Unit 5 Dewey Beach, DE 19971

Estimated Value: $1,162,000 - $1,763,000

4 Beds
3.5 Baths
-- Sq Ft
$63/mo HOA Fee

Last Sold June 21, 2017

Last sale price $745,000

Est. 95% increase in value since last sale

Current estimated payment $8,034/month

Highlights

  • Water Oriented
  • Contemporary Architecture
  • 1 Fireplace
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Delaware Seashore State Park

About This Home

As of June 2017

Just Steps to one of the nicest beaches in Dewey Beach area. Ocean Block and 3rd building back from the beach. "OCEAN FIVE", UNIT #5 Three story townhome-END UNIT. Large and spacious with plenty of room for all. SOLD FURNISHED, SO MOVE IN NOW AND ENJOY!!! LOCATION,LOCATION,LOCATION!!--Walk every where to all the nice Dewey Beach restaurants. Rent kayaks and sailboats--Go kayaking or sailing in Rehoboth Bay. The new Hyatt Place Hotel is across the highway on the bayside. Good rental--$38,000 rentals in summer 2016.

Last Agent to Sell the Property

Charles Renschler

(302) 236-1703 charlier107@outlook.com Mann & Sons Inc License #BRIGHT:60032946 Listed on: 10/01/2015

Co-Listed By

Betty Mann-Beebe

(302) 226-4600 betty@mannandsons.com Mann & Sons Inc License #BRIGHT:60010406

Last Buyer's Agent

PAUL STITIK

(302) 383-7998 paulstitik@gmail.com Concord Realty Group

Concord Realty Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,422

Year Built

  • Built in 1986

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 32x125

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 45.04
  • Assessor Parcel Number 3-34-23.06-45.04

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,422

Year Built

Built in 1986

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1986
  • Remarks Public: Just Steps to one of the nicest beaches in Dewey Beach area. Ocean Block and 3rd building back from the beach. "OCEAN FIVE", UNIT #5 Three story townhome-END UNIT. Large and spacious with plenty of room for all. SOLD FURNISHED, SO MOVE IN NOW AND ENJOY!!! LOCATION,LOCATION,LOCATION!!--Walk every where to all the nice Dewey Beach restaurants. Rent kayaks and sailboats--Go kayaking or sailing in Rehoboth Bay. The new Hyatt Place Hotel is across the highway on the bayside. Good rental--$38,000 rentals in summer 2016.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Ceiling Fan(s), Wet/Dry Bar, Breakfast Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Street Number Modifier: 12

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Wood Siding
  • Access To Pool: No
  • Exterior Features: Outside Shower
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Type: Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 750.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 6600.00
  • Land Assessed Value: 42650.00
  • Land Use Code: RS
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Dimensions: 32X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Zoning: Q

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5205465
  • Tax Annual Amount: 3422.00
  • Assessor Parcel Number: 3-34-23.06-45.04
  • Tax Lot: 45.04
  • Tax Year: 2016
  • Close Date: 06/21/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2015
Closed on
Jul 25, 2017
Sold by
W Oliver Kincannon Jr Revocable Trust
Bought by
Foster Herbert and Foster Jacqueline
Seller's Agent
Charles Renschler
Mann & Sons Inc
Buyer's Agent
PAUL STITIK
Concord Realty Group
List Price
$830,000
Sold Price
$745,000
Premium/Discount to List
-$85,000
-10.24%
Current Estimated Value
$1,453,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$708,990
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
Jan 23, 2017
Sold by
Kincannon Margaret S
Bought by
Kincannon W Oliver

Purchase Details

Closed on
Feb 21, 2014
Sold by
Kincannon Oliver W and Kincannon Margaret S
Bought by
Kincannon W Oliver

Purchase Details

Closed on
Feb 10, 2014
Sold by
Kincannon Oliver W and Kincannon Margaret S
Bought by
Kincannon W Oliver
Source: Public Records

Range of Values:

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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
Foster Herbert $745,000 None Available
Kincannon W Oliver -- None Available
Kincannon Margaret S -- None Available
Kincannon W Oliver -- --
Kincannon W Oliver -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2017 06/21/17 Sold $745,000 -10.2% --
10/01/2015 10/01/15 For Sale $830,000 -- --
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 $3,504 $49,250 $6,600 $42,650
2024 $2,746 $49,250 $6,600 $42,650
2023 $2,744 $49,250 $6,600 $42,650
2022 $2,659 $49,250 $6,600 $42,650
2021 $2,638 $49,250 $6,600 $42,650
2020 $2,312 $49,250 $6,600 $42,650
2019 $2,612 $49,250 $6,600 $42,650
2018 $2,163 $49,250 $0 $0
2017 $2,071 $49,250 $0 $0
2016 $1,996 $49,250 $0 $0
2015 $1,908 $49,250 $0 $0
2014 $1,894 $49,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000185876

Bright MLS

APN: 334-23.06-45.04