NOT LISTED FOR SALE

124 Swedes St Unit 1 Dewey Beach, DE 19971

Estimated Value: $663,000 - $1,933,000

3 Beds
2 Baths
2,000 Sq Ft
$556/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $550,000 $275 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $6,235/month

Highlights

  • Water Oriented
  • Bay View
  • Cape Cod Architecture
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Property fronts the bay but unit may not have water views

About This Home

As of July 2020

Enjoy this sunny, bright duplex just steps to the bay, ocean, and downtown Dewey Beach. Plenty of off-street parking and within walking distance to everything. Beautiful kitchen with Stainless Steel Appliances and quartz countertops, fireplace, central heat and air, screened porch as well as a large deck for entertaining. Live here or lease it out. Either way, it is a great location and a great investment.

Last Agent to Sell the Property

Robert Burton

(302) 448-9828 bobburton@northroprealty.com RE/MAX Realty Group Rehoboth Listed on: 05/27/2020

Last Buyer's Agent

Brent Applebaum

(302) 750-7677 brentsells@comcast.net Coldwell Banker Realty License #650154

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,023

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 50.0x100.0
  • Property fronts the bay but unit may not have water views
  • West Facing Home
  • Property is in very good condition

HOA Fees

  • $117 Monthly HOA Fees

Property Views

  • Bay
  • Limited

Home Design

  • Semi-Detached or Twin Home
  • Cape Cod Architecture
  • Cottage
  • Entry on the 1st floor
  • Foundation Flood Vent
  • Wood Walls
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Area
  • Crawl Space
  • Stainless Steel Appliances
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • 120/240V
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.14-29.01-1

Community Details

Overview

  • Swedes Street Community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,023

Year Built

Built in 1980

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Cottage, Cape Cod
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Exclusions: tenant-owned items
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1980
  • Remarks Public: Enjoy this sunny, bright duplex just steps to the bay, ocean, and downtown Dewey Beach. Plenty of off-street parking and within walking distance to everything. Beautiful kitchen with Stainless Steel Appliances and quartz countertops, fireplace, central heat and air, screened porch as well as a large deck for entertaining. Live here or lease it out. Either way, it is a great location and a great investment.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Stainless Steel Appliances
  • Entry Floor: 1
  • Flooring Type: Carpet, Vinyl, Hardwood
  • Interior Amenities: Ceiling Fan(s), Dining Area, Floor Plan - Open, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Wood Walls
  • Foundation Details: Crawl Space, Flood Vent
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 269.00
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 124

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • Spa: No
  • View: Limited, Bay
  • Water Access: No
  • Water Body Name: Rehoboth Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1400.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Dimensions: 50.0x100.0
  • Outdoor Living Structures: Patio(s), Porch(es), Screened
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 28000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5204361
  • School Tax: 790.00
  • Tax Annual Amount: 1023.00
  • Assessor Parcel Number: 334-20.14-29.01-1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/02/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2024
Sold by
Kramen William
Bought by
Kramen William and Kramen Karen
Current Estimated Value
$1,111,256
Source: Public Records

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
Kramen William -- None Listed On Document
Kramen William -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $550,000 +2.2% $275 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $538,000 -- $269 / 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 $2,712 $18,550 $0 $18,550
2024 $1,768 $18,550 $0 $18,550
2023 $1,417 $18,550 $0 $18,550
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Robert Burton

    RE/MAX

    (302) 448-9828

    82 Total Sales

    Robert Burton
    Section Image
  • Brent Applebaum

    Buyer's Agent in 2020

    Brent Applebaum

    Coldwell Banker Realty

    (302) 750-7677

    175 Total Sales

    Brent Applebaum
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU161584

Bright MLS

APN: 334-20.14-29.01-A

Delaware Sussex County Dewey Beach 19971

124 Swedes St Unit 1, Dewey Beach, DE

This home is located at 124 Swedes St Unit 1, Dewey Beach, DE 19971 since 27 May 2020 and is currently estimated at $1,111,256, approximately $555 per square foot. This property was built in 1980. 124 Swedes St Unit 1 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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