NOT LISTED FOR SALE

1400 Pebble Dr Unit 1405 Rehoboth Beach, DE 19971

Estimated Value: $254,802 - $358,000

2 Beds
2 Baths
940 Sq Ft
$255/mo HOA Fee

Last Sold September 25, 2020

Last sale price $195,000 $207 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,112/month

9 Days on Market

Highlights

  • Pond View
  • Contemporary Architecture
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Pond
  • Furnished

About This Home

As of September 2020

This is a perfect beach condo right in the Rehoboth Beach area and East of Rt. 1. Situated directly off the highway in a lovely, pond and tree lined community. The Chesapeake model condo features 2 bedrooms and 2 baths. This is a ground level condo with an open floor plan and a pleasant view of the pond with fountain. Relax on the screened in porch (upgraded with vinyltech windows to protect your furnishings from the weather. Beautifully maintained and gently used as a vacation home for the owners. This community does allow weekly, summer rentals and makes for a nice vacation investment. Sold full furnished and turnkey with the exclusions of the kitchen contents. Easily drive to the outlets for shopping, fabulous restaurants, or downtown Rehoboth beach. Located approximately 2 miles to the boardwalk!

Last Agent to Sell the Property

Melinda Ingram

Jack Lingo - Rehoboth License #RS-0017875 Listed on: 08/11/2020

Jack Lingo - Rehoboth

Last Buyer's Agent

Melinda Ingram

Jack Lingo - Rehoboth License #RS-0017875 Listed on: 08/11/2020

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $585

Year Built

  • Built in 2004

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 940 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Pond Views
  • Galley Kitchen

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Schools

  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Pond
  • Property is in good condition

Community Details

  • Low-Rise Condominium
  • Premier Property Management Condos
  • Creekwood Subdivision
  • Property Manager

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-3.04-1405

Property Details

Home Type

Condominium

Est. Annual Taxes

$585

Year Built

Built in 2004

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Contents of kitchen and small appliances like coffee maker, toaster, etc.
  • Inclusions: Fully furnished
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-08-11
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: This is a perfect beach condo right in the Rehoboth Beach area and East of Rt. 1. Situated directly off the highway in a lovely, pond and tree lined community. The Chesapeake model condo features 2 bedrooms and 2 baths. This is a ground level condo with an open floor plan and a pleasant view of the pond with fountain. Relax on the screened in porch (upgraded with vinyltech windows to protect your furnishings from the weather. Beautifully maintained and gently used as a vacation home for the owners. This community does allow weekly, summer rentals and makes for a nice vacation investment. Sold full furnished and turnkey with the exclusions of the kitchen contents. Easily drive to the outlets for shopping, fabulous restaurants, or downtown Rehoboth beach. Located approximately 2 miles to the boardwalk!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Flooring Type: Fully Carpeted, Ceramic Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Kitchen - Galley, Walk-In Closet(s)
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room Count: 5
  • Basement: No
  • Laundry Type: Has Laundry, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 940
  • Living Area Sq Ft: 940
  • Price Per Sq Ft: 218.09
  • Above Grade Finished Sq Ft: 940
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1400

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, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Road Surface Type: Black Top
  • View: Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 255.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Premier Property management
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: RC
  • Lot Features: Pond
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 0.50
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 529.00
  • Tax Annual Amount: 585.00
  • Assessor Parcel Number: 334-13.00-3.04-1405
  • Tax Total Finished Sq Ft: 940
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/25/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Oct 7, 2020
Sold by
Shepherd Cyril and Shepherd Mary
Bought by
Sweetman John D and Sweetman Paulette
Seller's Agent
Melinda Ingram
Jack Lingo - Rehoboth
Buyer's Agent
Melinda Ingram
Jack Lingo - Rehoboth
List Price
$215,000
Sold Price
$195,000
Premium/Discount to List
-$20,000
-9.3%
Current Estimated Value
$324,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,951
Avg. Annual Appreciation
10.61%
Source: Public Records

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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
Sweetman John D $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shepherd Cyril $164,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $195,000 -4.9% $207 / Sq Ft
08/19/2020 08/19/20 Price Changed $205,000 -4.7% $218 / Sq Ft
08/11/2020 08/11/20 For Sale $215,000 +17.8% $229 / Sq Ft
07/05/2017 07/05/17 Sold $182,500 -1.4% $176 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $185,000 +7.6% $178 / Sq Ft
06/21/2013 06/21/13 Sold $172,000 0.0% $152 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $172,000 -- $152 / 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 $636 $12,450 $0 $12,450
2023 $635 $12,450 $0 $12,450
2022 $613 $12,450 $0 $12,450
2021 $607 $12,450 $0 $12,450
2020 $606 $12,450 $0 $12,450
2019 $607 $12,450 $0 $12,450
2018 $566 $12,900 $0 $0
2017 $542 $12,900 $0 $0
2016 $515 $12,900 $0 $0
2015 $492 $12,900 $0 $0
2014 $489 $12,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU166286

Bright MLS

APN: 334-13.00-3.04-1405