NOT LISTED FOR SALE

1301 Coastal Hwy Unit 460 Dewey Beach, DE 19971

Estimated Value: $1,023,513 - $1,135,000

2 Beds
2 Baths
1,004 Sq Ft
$465/mo HOA Fee

Last Sold January 17, 2020

Last sale price $706,688 $704 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,534/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 January 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 Listed By

Joseph Maggio

Dave McCarthy & Associates, Inc. License #RA-0020900 Listed on: 09/09/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,225

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

  • $465 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Flat Roof Shape

Interior Spaces

  • 1,004 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

Listing and Financial Details

  • Assessor Parcel Number 334-23.06-1.00-C460

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

Est. Annual Taxes

$1,225

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$465 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
  • Remarks Public: 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.
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Flooring Type: Ceramic Tile
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1004
  • Living Area Sq Ft: 1004
  • Price Per Sq Ft: 697.11
  • Above Grade Finished Sq Ft: 1004
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1301

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 Name: Rehoboth Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • 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: 5580.00
  • 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: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

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

Rental Info

  • Pets: Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5205313
  • Assessor Parcel Number: 334-23.06-1.00-C460
  • Close Date: 01/17/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Mar 7, 2020
Sold by
Franczuszki Dietrich and Franczuszki Klein
Bought by
1301 Coastal Hwy 460 Llc
Seller's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
Buyer's Agent
Ron Golden
EXP Realty, LLC
List Price
$699,900
Sold Price
$706,688
Premium/Discount to List
$6,788
0.97%
Total Days on Market
0
Current Estimated Value
$1,076,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,440
Avg. Annual Appreciation
8.24%

Range of Values:

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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
1301 Coastal Hwy 460 Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $706,688 +1.0% $704 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $699,900 -- $697 / 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
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 $1,186 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DESU147744

Bright MLS

APN: 334-23.06-1.00-V460