NOT LISTED FOR SALE

1406 Coastal Hwy Unit G Dewey Beach, DE 19971

Estimated Value: $795,000 - $1,180,000

4 Beds
4 Baths
1,610 Sq Ft
$700/mo HOA Fee

Last Sold April 12, 2023

Last sale price $760,000 $472 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,960/month

155 Days on Market

Highlights

  • Building is oceanfront but unit may not have water views
  • 0.27 Acre Lot
  • Deck
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • 4-minute walk to John Waples Memorial Playground

About This Home

As of April 2023

Location! Location! Large "Ocean Block" Fully Furnished Condo In the heart of Dewey Beach! This wonderfully situated beach block condo has 4 bedrooms and 4 baths - Your Perfect Vacation Home or Investment property with proven track record for rentals on VRBO 355538. This First-floor unit offers easy access with a ramp off the deck and additional access directly from your parking space. The Large Open Plan is perfect for family gatherings. A Cook's Kitchen with Stainless Appliances, Plentiful Cabinet space, Pantry, and Granite Counters. All 4 bedrooms have wall mounted flat screen TV’s and private access to a full bath. You'll find maintenance free tile throughout the entire unit; in-unit washer and dryer; Outdoor shower; Indoor and Outdoor Secure Storage; and a wrap-around deck! There are two private off-street parking spaces directly in front of the condo. You are steps from the beach and all the amenities of a resort beach town - restaurants, night life, local shops, boat and jet ski rentals, and the Famous Jolly Trolley is right out front and can take you to downtown Rehoboth and the Boardwalk.
Fully furnished and ready to go. Do not miss this Rare Opportunity to secure a Four Bedroom home on the ocean block! This will not last!

Last Agent to Sell the Property

Babs Morales

(302) 841-0797 babs@sellingdelawarehomes.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0016340 Listed on: 09/28/2022

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Gale DiBona

(610) 405-8229 gale@sellingdelawarehomes.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0024196

Last Buyer's Agent

Amy Tilley

(302) 383-0083 toamytilley@me.com Compass License #RS295600

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1974

Lot Details

  • Building is oceanfront but unit may not have water views
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $700 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,610 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Tile or Brick Flooring
  • Exterior Cameras

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • 2 Off-Street Spaces
  • Private Parking

Accessible Home Design

  • Level Entry For Accessibility
  • Ramp on the main level

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.18-229.00-G

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash, insurance
  • Low-Rise Condominium
  • Delano Community
  • Property Manager

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,426

Year Built

Built in 1974

Lot Details

0

HOA Fees

$700 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
  • Accessibility Features: Ramp - Main Level, Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: Fully furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Automatically Close On Close Date: Yes
  • Remarks Public: Location! Location! Large "Ocean Block" Fully Furnished Condo In the heart of Dewey Beach! This wonderfully situated beach block condo has 4 bedrooms and 4 baths - Your Perfect Vacation Home or Investment property with proven track record for rentals on VRBO 355538. This First-floor unit offers easy access with a ramp off the deck and additional access directly from your parking space. The Large Open Plan is perfect for family gatherings. A Cook's Kitchen with Stainless Appliances, Plentiful Cabinet space, Pantry, and Granite Counters. All 4 bedrooms have wall mounted flat screen TV’s and private access to a full bath. You'll find maintenance free tile throughout the entire unit; in-unit washer and dryer; Outdoor shower; Indoor and Outdoor Secure Storage; and a wrap-around deck! There are two private off-street parking spaces directly in front of the condo. You are steps from the beach and all the amenities of a resort beach town - restaurants, night life, local shops, boat and jet ski rentals, and the Famous Jolly Trolley is right out front and can take you to downtown Rehoboth and the Boardwalk. Fully furnished and ready to go. Do not miss this Rare Opportunity to secure a Four Bedroom home on the ocean block! This will not last!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Refrigerator, Water Heater, Washer/Dryer Stacked
  • Entry Floor: 1
  • Flooring Type: Tile/Brick
  • Interior Amenities: Combination Kitchen/Living, Entry Level Bedroom, Pantry, Sprinkler System, Tub Shower, Upgraded Countertops, Window Treatments, Family Room Off Kitchen, Floor Plan - Open
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Block
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1610
  • Living Area Sq Ft: 1610
  • Price Per Sq Ft: 465.84
  • Above Grade Finished Sq Ft: 1610
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1406

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Concrete
  • Exterior Features: Outside Shower, Secure Storage
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 700.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Insurance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1000.00

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: RC
  • Lot Size Acres: 0.27
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RC RES: CONDO
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Total Actual Rent: 44000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 10187964
  • Tax Annual Amount: 1426.41
  • Assessor Parcel Number: 334-20.18-229.00-G
  • Tax Total Finished Sq Ft: 1610
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/12/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2010
Bought by
Mountain Rental Llc
Current Estimated Value
$957,953

Purchase Details

Closed on
Jun 1, 2010
Bought by
Mountain Rental Llc
Source: Public Records

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
Mountain Rental Llc $304,100 --
Mountain Rental Llc $304,100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $760,000 +1.3% $472 / Sq Ft
03/01/2023 03/01/23 Price Changed $750,000 0.0% $466 / Sq Ft
03/01/2023 03/01/23 For Sale $750,000 -1.3% $466 / Sq Ft
11/01/2022 11/01/22 Off Market $760,000 -- --
10/03/2022 10/03/22 Price Changed $799,999 -5.9% $497 / Sq Ft
09/28/2022 09/28/22 For Sale $850,000 -- $528 / 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 $2,413 $18,850 $0 $18,850
2024 $1,378 $18,850 $0 $18,850
2023 $1,377 $18,850 $0 $18,850
2022 $1,340 $18,850 $0 $18,850
2021 $1,331 $18,850 $0 $18,850
2020 $1,327 $18,850 $0 $18,850
2019 $1,307 $18,850 $0 $18,850
2018 $944 $21,500 $0 $0
2017 $904 $21,500 $0 $0
2016 $887 $21,500 $0 $0
2015 $849 $21,500 $0 $0
2014 $843 $21,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2029410

Bright MLS

APN: 334-20.18-229.00-G