NOT LISTED FOR SALE

1301 Coastal Hwy Unit 360 Dewey Beach, DE 19971

Estimated Value: $974,000 - $1,300,000

2 Beds
2 Baths
1,050 Sq Ft
$486/mo HOA Fee

Last Sold February 14, 2020

Last sale price $649,900 $619 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,209/month

Highlights

  • Beach
  • Home fronts navigable water
  • Fitness Center
  • Rehoboth Elementary School Rated A
  • Water Access
  • 4-minute walk to Delaware Seashore State Park

About This Home

As of February 2020

Final Phase at The Residences at Lighthouse Cove with estimated delivery summer of 2019! Experience Swimming Pool along with Ocean and Bay Views from the rooftop plaza. Condo offers open floor plan with insulated doors and windows, granite countertops and standard appliance package and tile floors throughout. Enjoy your own private balcony looking over the bay! Immerse yourself in a resort lifestyle. Relax by the indoor saltwater pool (fee) enjoy the fitness center (fee) and the Plaza Courtyard featuring a fire pit, grilling area, water fountain, multiple sitting and lounging areas. Direct Access to Bay Front amenities including Kayak, Stand Up Paddle, Jet Ski & Boat Rentals, reduced slip fee at adjacent Rehoboth Bay Marina. Interior pictures reflective of previous model.

Last Agent to Sell the Property

Joseph Maggio

(302) 381-2268 joe@maggiorealty.com Dave McCarthy & Associates, Inc. License #RA-0020900 Listed on: 07/15/2019

Co-Listed By

Kim Hitchens

(302) 381-1071 kimhitchens@reinrb.com Dave McCarthy & Associates, Inc. License #RS-0014663

Last Buyer's Agent

Ron Golden

(410) 258-1100 ron@expcoastal.com EXP Realty, LLC License #RS-0023224

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Home fronts navigable water
  • Two or More Common Walls
  • Property is in excellent condition

HOA Fees

  • $486 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 3rd floor
  • Flat Roof Shape

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Water Access
  • Property near a bay
  • Lake Privileges

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • 200+ Amp Service

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Community Details

Overview

  • $400 Recreation Fee
  • Association fees include exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), recreation facility, reserve funds, sewer, trash, water
  • Low-Rise Condominium
  • Lighthouse Cove Community
  • Lighthouse Cove Subdivision

Amenities

  • Common Area
  • Recreation Room

Recreation

  • Beach
  • Fitness Center
  • Community Indoor Pool
  • Pool Membership Available

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$486 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Flooring Type: Ceramic Tile
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 618.95
  • Above Grade Finished Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Concrete
  • Construction Completed: No
  • Roof: Flat
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 5832.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Elevator, Exercise Room, Fitness Center, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Recreational Center, Reserved/Assigned Parking, Swimming Pool, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 400.00
  • Association Recreation Fee: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Units: Square Feet
  • Property Condition: Very Good, Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Feb 14, 2020
Sold by
Lighthouse Cove Dev Co
Bought by
Polster Matthew and Polster Melanie
Seller's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
Buyer's Agent
Ron Golden
EXP Realty, LLC
List Price
$649,900
Sold Price
$649,900
Current Estimated Value
$1,071,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,809
Avg. Annual Appreciation
8.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Polster Matthew $649,900 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2020 02/14/20 Sold $649,900 0.0% $619 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $649,900 -- $619 / 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 $2,100 $0 $0 $0
2024 $1,225 $0 $0 $0
2023 $1,225 $0 $0 $0
2022 $1,193 $0 $0 $0
2021 $1,185 $0 $0 $0
2020 $763 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU144260

Bright MLS

APN: 334-23.06-1.00-V360