1301 Coastal Hwy Unit 415 Dewey Beach, DE 19971
2
Beds
2
Baths
300
Sq Ft
$751/mo
HOA Fee
Highlights
- Home fronts navigable water
- Canoe or Kayak Water Access
- Bay View
- Rehoboth Elementary School Rated A
- Public Beach
- 4-minute walk to Delaware Seashore State Park
About This Home
As of October 2024Residences of Lighthouse Cove - penthouse level two-bedroom, two bath condo overlooking the pool and Rehoboth Bay! Beautiful patio with pergola has views of the bay and sunset each night and views of sunrise over the ocean in the morning! Featuring a gourmet kitchen with granite counter, tile backsplash, and stainless appliances, tile floors, dining room, and great room with fireplace. Sliders lead from the great room to the patio with pergola. Owner's suite has a double sink bathroom with granite counters and tile shower. Second bedroom features a murphy bed so room can be used as a bedroom or an office and bathroom with granite counters, and tub with tile surround. Enjoy yourself or reap the rental rewards of $90,000 plus per year. Enjoy a Resort Lifestyle at The Residences at Lighthouse Cove with rooftop swimming pool overlooking the Rehoboth Bay, grilling stations and fire pits with views of the ocean, multiple lounging areas, and on-site Lighthouse Restaurant overlooking the bay and serving lunch, dinner, happy hour and live entertainment. An indoor saltwater pool and fitness room are available with an optional annual recreation fee. Direct Access to the Bay with nearby amenities including kayak, paddleboards, parasailing, jet ski, and boat rentals available. One block walk to the Atlantic Ocean and Dewey's life guarded beaches. Dewey Beach is dog friendly when lifeguards are not on duty. Walk to Dewey restaurants and attractions and a quick Jolley Trolley ride to experience Rehoboth's restaurants, boardwalk, shops, & attractions. Start living the Dewey Beach Way of Life today! Enjoy yourself or take advantage of the great rental income! Take the video tour!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,148
Year Built
- Built in 2014
Lot Details
- Home fronts navigable water
- Public Beach
- Sprinkler System
HOA Fees
- $751 Monthly HOA Fees
Parking
- 2 Assigned Parking Garage Spaces
Home Design
- Coastal Architecture
- Flat Roof Shape
- Concrete Perimeter Foundation
- Stick Built Home
Interior Spaces
- 300 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Great Room
- Dining Room
- Bay Views
- Home Security System
Kitchen
- Breakfast Area or Nook
- Butlers Pantry
- Self-Cleaning Oven
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer Hookup
Outdoor Features
- Outdoor Shower
- Canoe or Kayak Water Access
- Property near a bay
- Swimming Allowed
- Powered Boats Permitted
- Patio
- Exterior Lighting
Location
- Flood Risk
Utilities
- Central Air
- Heating System Powered By Leased Propane
- Hot Water Heating System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 415
- Assessor Parcel Number 334-23.06-1.00-C415
Community Details
Overview
- Association fees include pool(s), common area maintenance, exterior building maintenance, snow removal, trash, management
- Low-Rise Condominium
- Lighthouse Cove Community
- Lighthouse Cove Subdivision
Recreation
- Community Pool
Pet Policy
- Pets Allowed
- Pet Size Limit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 28, 2024
Sold by
Gertrude E Able Trust
Bought by
Gertrude E Abel Trust and Abel
Total Days on Market
90
Current Estimated Value
Purchase Details
Listed on
Dec 21, 2016
Closed on
Oct 10, 2017
Sold by
Harvey John V
Bought by
Abel Gertrude E
Seller's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
Buyer's Agent
CHAD GWINN
Iron Valley Real Estate Premier
List Price
$639,900
Sold Price
$610,000
Premium/Discount to List
-$29,900
-4.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Similar Homes in Dewey Beach, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $1,025,000 | -6.8% | $3,417 / Sq Ft |
| 09/30/2024 09/30/24 | Pending | -- | -- | -- |
| 07/02/2024 07/02/24 | For Sale | $1,100,000 | +80.3% | $3,667 / Sq Ft |
| 10/12/2017 10/12/17 | Sold | $610,000 | 0.0% | $595 / Sq Ft |
| 09/02/2017 09/02/17 | Pending | -- | -- | -- |
| 08/16/2017 08/16/17 | Price Changed | $610,000 | -4.7% | $595 / Sq Ft |
| 12/21/2016 12/21/16 | For Sale | $639,900 | -- | $624 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,225 | $18,000 | $0 | $18,000 |
| 2023 | $1,225 | $18,000 | $0 | $18,000 |
| 2022 | $1,193 | $18,000 | $0 | $18,000 |
| 2021 | $1,185 | $18,000 | $0 | $18,000 |
| 2020 | $1,186 | $18,000 | $0 | $18,000 |
| 2019 | $1,173 | $18,000 | $0 | $18,000 |
| 2018 | $843 | $19,200 | $0 | $0 |
| 2017 | $807 | $19,200 | $0 | $0 |
| 2016 | $795 | $19,200 | $0 | $0 |
| 2015 | $811 | $20,500 | $0 | $0 |
| 2014 | $805 | $20,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Hamer
Seller's Agent in 2024
Kim Hamer
OCEAN ATLANTIC SOTHEBYS
(302) 745-9914
17 in this area
292 Total Sales
-
Joseph Maggio
Seller's Agent in 2017
Joseph Maggio
Dave McCarthy & Associates, Inc.
(302) 381-2268
10 in this area
112 Total Sales
-
Kim Hitchens
Seller Co-Listing Agent in 2017
Kim Hitchens
Dave McCarthy & Associates, Inc.
(302) 381-1071
10 in this area
104 Total Sales
-
CHAD GWINN
Buyer's Agent in 2017
CHAD GWINN
Iron Valley Real Estate Premier
(703) 786-9250
2 in this area
30 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2065638
APN: 334-23.06-1.00-C415
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