NOT LISTED FOR SALE

1400 Pebble Dr Unit 1418 Rehoboth Beach, DE 19971

Estimated Value: $304,553 - $359,000

2 Beds
2 Baths
940 Sq Ft
$225/mo HOA Fee

Last Sold April 14, 2023

Last sale price $315,000 $335 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,096/month

158 Days on Market

Highlights

  • Galley Kitchen
  • Central Heating and Cooling System
  • Ceiling Fan
  • Rehoboth Elementary School Rated A

About This Home

As of April 2023

BEACH INVESTMENT UNDER $350K! Great opportunity for an income producing condo at Rehoboth Beach with current rental agreement in place through January 31, 2024. This spacious 2-bedroom condo in the conveniently located community of Creekwood, perfectly placed in between Lewes and Rehoboth Beach and just minutes from all local area attractions! Condo features an open floor plan, large bedrooms, including one with en-suite bath and walk-in closet, separate laundry room with washer and dryer, private porch with outdoor storage, and more. Complete renovation done by owners in 2017, which included kitchen, bathroom, flooring and paint. Call today to schedule a tour!

Last Agent to Sell the Property

Matthew Day

(302) 983-0333 matt.day@lnf.com Long & Foster Real Estate, Inc. Listed on: 10/07/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Daniel Borges

(302) 824-8037 danielborgesrealestate@gmail.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $592

Year Built

  • Built in 2004

Lot Details

  • 2,396

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 3rd floor
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 940 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Galley Kitchen
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-3.04-1418

Community Details

Overview

  • $300 Capital Contribution Fee
  • Association fees include management
  • Low-Rise Condominium
  • Creekwood Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$592

Year Built

Built in 2004

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: Washer and Dryer
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2004
  • Remarks Public: BEACH INVESTMENT UNDER $350K! Great opportunity for an income producing condo at Rehoboth Beach with current rental agreement in place through January 31, 2024. This spacious 2-bedroom condo in the conveniently located community of Creekwood, perfectly placed in between Lewes and Rehoboth Beach and just minutes from all local area attractions! Condo features an open floor plan, large bedrooms, including one with en-suite bath and walk-in closet, separate laundry room with washer and dryer, private porch with outdoor storage, and more. Complete renovation done by owners in 2017, which included kitchen, bathroom, flooring and paint. Call today to schedule a tour!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Washer/Dryer Hookups Only, Water Heater, Dryer, Washer
  • Entry Floor: 3
  • Interior Amenities: Ceiling Fan(s), Kitchen - Galley, Window Treatments, Pantry
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 940
  • Living Area Sq Ft: 940
  • Price Per Sq Ft: 365.96
  • 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, Aluminum Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • 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
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 225.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 300.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5192139
  • School Tax: 536.00
  • Tax Annual Amount: 592.00
  • Assessor Parcel Number: 334-13.00-3.04-1418
  • Tax Total Finished Sq Ft: 940
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/14/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Apr 14, 2023
Sold by
Brandywine Capital Group Llc
Bought by
Troise Vincent J and Troise Melissa Mancini
Seller's Agent
Matthew Day
Long & Foster Real Estate, Inc.
Buyer's Agent
Daniel Borges
Coldwell Banker Realty
List Price
$349,000
Sold Price
$315,000
Premium/Discount to List
-$34,000
-9.74%
Views
383
Current Estimated Value
$341,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,138
Avg. Annual Appreciation
3.29%
Original Mortgage
$252,000
Outstanding Balance
$245,060
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$96,078
Source: Public Records

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
Troise Vincent J $315,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troise Vincent J $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2023 04/14/23 Sold $315,000 -8.4% $335 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
11/09/2022 11/09/22 Price Changed $344,000 -1.4% $366 / Sq Ft
10/07/2022 10/07/22 For Sale $349,000 0.0% $371 / Sq Ft
02/01/2022 02/01/22 Rented $1,500 0.0% --
01/28/2022 01/28/22 Under Contract -- -- --
01/25/2022 01/25/22 For Rent $1,500 +3.4% --
06/15/2020 06/15/20 Rented $1,450 0.0% --
06/05/2020 06/05/20 Under Contract -- -- --
06/01/2020 06/01/20 For Rent $1,450 +7.4% --
12/31/2018 12/31/18 Rented $1,350 0.0% --
12/11/2018 12/11/18 For Rent $1,350 0.0% --
09/28/2016 09/28/16 Sold $157,500 -12.5% $168 / Sq Ft View Prior Sale
08/29/2016 08/29/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $179,900 -- $191 / 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 $675 $12,450 $0 $12,450
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: DESU2029466

Bright MLS

APN: 334-13.00-3.04-1418