NOT LISTED FOR SALE

121 Chesapeake St Unit 3 Dewey Beach, DE 19971

Estimated Value: $479,000 - $694,000

2 Beds
1 Bath
800 Sq Ft
4,617 Sq Ft Lot

Last Sold November 22, 2013

Last sale price $265,000 $331 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,107/month

Highlights

  • Lake View
  • Deck
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Vaulted Ceiling
  • Outdoor Shower

About This Home

As of November 2013

Waterfront overlooking Comegy Lake. Fantastic location offering the most tranquil spots in Dewey w/great proximity to Rehoboth & Dewey. In desirable Rehoboth by the Sea. 1.5 blocks to beach, w/o crossing Route 1. Leasehold 16+ years. Beautifully decorated, turnkey.

Last Agent to Sell the Property

RICHARD HANEWINCKEL

rhanewinckel@yahoo.com Mann & Sons, Inc. Listed on: 08/08/2013

Last Buyer's Agent

Shirley Kalvinsky

(302) 227-3883 shirley@jacklingo.com Jack Lingo - Rehoboth License #RA0001681

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $530

Lot Details

  • 4,617

Property Views

  • Lake
  • Pond

Home Design

  • Entry on the 2nd floor
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Masonry

Interior Spaces

  • 800 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Shower
  • Deck

Additional Features

  • Ground Rent of $751 per year expires in 16 years
  • Forced Air Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.10-9.01-3

Property Details

Home Type

Condominium

Est. Annual Taxes

$530

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Remarks Public: Waterfront overlooking Comegy Lake. Fantastic location offering the most tranquil spots in Dewey w/great proximity to Rehoboth & Dewey. In desirable Rehoboth by the Sea. 1.5 blocks to beach, w/o crossing Route 1. Leasehold 16+ years. Beautifully decorated, turnkey.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator
  • Entry Floor: 2
  • Flooring Type: Hardwood
  • Interior Amenities: Combination Kitchen/Dining, Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 800
  • Living Area Sq Ft: 800
  • Net Sq Ft: 800.00
  • Price Per Sq Ft: 331.25
  • Above Grade Finished Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 121

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Concrete
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Shingle, Asphalt
  • View: Lake, Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1400.00
  • HOA: No

Schools

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

Lot Info

  • Outdoor Living Structures: Deck(s)
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Ground Rent Amt: 751.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 16
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 530.00
  • Assessor Parcel Number: 334-20.10-9.01-3
  • County Tax Payment Frequency: Annually
  • Close Date: 11/22/2013

Multi Family

  • Income Expense List: Annual Ground Rent, Total Tax Bill

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
11/22/2013 11/22/13 Sold $265,000 0.0% $331 / Sq Ft
10/06/2013 10/06/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $265,000 -- $331 / 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 $1,221 $5,650 $0 $5,650
2024 $597 $5,650 $0 $5,650
2023 $597 $5,650 $0 $5,650
2022 $587 $5,650 $0 $5,650
2021 $585 $5,650 $0 $5,650
2020 $583 $5,650 $0 $5,650
2019 $562 $5,650 $0 $5,650
2018 $248 $5,650 $0 $0
2017 $238 $5,650 $0 $0
2016 $254 $5,650 $0 $0
2015 $244 $5,650 $0 $0
2014 $242 $5,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000975938

Bright MLS

APN: 334-20.10-9.01-3