NOT LISTED FOR SALE

126 Read Ave Unit 1 Dewey Beach, DE 19971

Estimated Value: $541,000 - $648,000

1 Bed
1 Bath
-- Sq Ft
741 Sq Ft Lot

Last Sold September 16, 2016

Last sale price $245,000

Est. 141% increase in value since last sale

Current estimated payment $3,242/month

Highlights

  • Water Access
  • Bay View
  • Furnished
  • Rehoboth Elementary School Rated A
  • Contemporary Architecture
  • 1-minute walk to John Waples Memorial Playground

About This Home

As of September 2016

Newly renovated bay side condo. The only unit w/private Lg backyard patio. Comfortable front screen porch with bay view. Private beach make this the perfect family get-away or rental. Centrally located in town and being sold partially furnished

Last Agent to Sell the Property

TJ Redefer

(302) 227-1232 tj@rehobothbayrealty.com Rehoboth Bay Realty, Co. Listed on: 11/06/2014

Last Buyer's Agent

James Olson

(302) 670-2300 jim@olsonrealty.net Jimmy Olson Realty License #RB-0031388

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,308

Lot Details

  • 741

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Block Foundation
  • Architectural Shingle Roof
  • Plywood Siding Panel T1-11
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Bay Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Sump Pump
  • Crawl Space

Parking

  • Stone Driveway
  • Assigned Parking

Outdoor Features

  • Water Access
  • Bulkhead
  • Screened Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Snug Harbor Community

Listing and Financial Details

  • Assessor Parcel Number 334-20.18-105.00-1

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,308

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Remarks Public: Newly renovated bay side condo. The only unit w/private Lg backyard patio. Comfortable front screen porch with bay view. Private beach make this the perfect family get-away or rental. Centrally located in town and being sold partially furnished
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Ceiling Fan(s)
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Sump Pump
  • Street Number Modifier: 126

Beds/Baths

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

Exterior Features

  • Construction Materials: Stick Built, T-1-11
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned, Stone Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s), Zoned
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1200.00
  • HOA: No

Schools

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

Lot Info

  • Lot Features: Bulkheaded
  • Outdoor Living Structures: Patio(s), Porch(es), Screened

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-20.18-105.00-1
  • County Tax Payment Frequency: Annually
  • Close Date: 09/16/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2024
Sold by
Jm Stone Properties Llc
Bought by
Pierce Scott Cameron and Pierce Nicole Diane
Current Estimated Value
$590,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Outstanding Balance
$455,531
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$135,440

Purchase Details

Listed on
Nov 6, 2014
Closed on
Sep 20, 2016
Sold by
Monigle D Kevin
Bought by
Jm Stone Properties Llc
Seller's Agent
TJ Redefer
Rehoboth Bay Realty, Co.
Buyer's Agent
James Olson
Jimmy Olson Realty
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%

Purchase Details

Closed on
Nov 29, 2012
Sold by
Mo Lisa M Giacco Cynthia J Mault D Keith
Bought by
Monigle D Kevin

Purchase Details

Closed on
Oct 10, 2012
Sold by
Mo Lisa M Giacco Cynthia J Mault D Keith
Bought by
Monigle D Kevin
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pierce Scott Cameron $615,000 None Listed On Document
Jm Stone Properties Llc $245,000 None Available
Monigle D Kevin -- --
Mo Lisa M Giacco Cynthia J Mault D Keith -- --
Monigle D Kevin -- --
Mo Lisa M Giacco Cynthia J Mault D Keith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Scott Cameron $461,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $245,000 0.0% --
07/31/2016 07/31/16 Pending -- -- --
11/06/2014 11/06/14 For Sale $245,000 -- --
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 $1,308 $17,950 $0 $17,950
2024 $1,309 $17,950 $0 $17,950
2023 $1,308 $17,950 $0 $17,950
2022 $1,274 $17,950 $0 $17,950
2021 $1,265 $17,950 $0 $17,950
2020 $1,261 $17,950 $0 $17,950
2019 $1,241 $17,950 $0 $17,950
2018 $883 $20,100 $0 $0
2017 $845 $20,100 $0 $0
2016 $831 $20,100 $0 $0
2015 $796 $20,100 $0 $0
2014 $790 $20,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    TJ REDEFER

    Rehoboth Bay Realty, Co.

    Section Image
  • James Olson

    Buyer's Agent in 2016

    James Olson

    Jimmy Olson Realty

    (302) 670-2300

    24 Total Sales

    James Olson
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000986978

Bright MLS

APN: 334-20.18-105.00-1

Delaware Sussex County Dewey Beach 19971

126 Read Ave Unit 1, Dewey Beach, DE

This home is located at 126 Read Ave Unit 1, Dewey Beach, DE 19971 since 06 November 2014 and is currently estimated at $590,971. 126 Read Ave 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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