NOT LISTED FOR SALE

15 Adriatic Dr Unit 22 Rehoboth Beach, DE 19971

Estimated Value: $500,000 - $520,000

3 Beds
2 Baths
1,900 Sq Ft
$310/mo HOA Fee

Last Sold August 22, 2017

Last sale price $270,000 $142 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,079/month

Highlights

  • Private Pool
  • Contemporary Architecture
  • Whirlpool Bathtub
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Attic

About This Home

As of August 2017

Don't miss your opportunity to own this well located single family home! The condo fees cover the yard maintenance leaving you with more down time to enjoy friends, family, the beach and night life in the Rehoboth area. The open floor plan lends itself to entertaining. The huge kitchen with stainless steel appliances and granite counter tops is a cooks dream! The fireplace in the family brings warmth on a cold winter night for enjoyment of our beautiful resort area in the off season. Make your appointment today to view this well kept home.

Last Agent to Sell the Property

Lisa Mathena

(302) 236-6232 lisa@lisamathena.com The Lisa Mathena Group, Inc. Listed on: 05/23/2017

Last Buyer's Agent

Lora Butler

(302) 542-3330 lbutler@cbanker.com NextHome Preferred

NextHome Preferred

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $864

Year Built

  • Built in 2007

Lot Details

  • Cleared Lot

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Rambler Architecture
  • Entry on the 1st floor
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Family Room
  • Living Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Private Pool
  • Porch

Utilities

  • Central Air
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Propane Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-12.00-124.00-22

Community Details

Overview

  • Low-Rise Condominium
  • Estates Of Sea Chase Subdivision

Amenities

  • Community Center

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$864

Year Built

Built in 2007

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Rambler, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Year Built: 2007
  • Remarks Public: Don't miss your opportunity to own this well located single family home! The condo fees cover the yard maintenance leaving you with more down time to enjoy friends, family, the beach and night life in the Rehoboth area. The open floor plan lends itself to entertaining. The huge kitchen with stainless steel appliances and granite counter tops is a cooks dream! The fireplace in the family brings warmth on a cold winter night for enjoyment of our beautiful resort area in the off season. Make your appointment today to view this well kept home.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood, Tile/Brick, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Eat-In, Kitchen - Island, Entry Level Bedroom, Ceiling Fan(s), Whirlpool/Hottub
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 8
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room, Laundry, Additional Bedroom
  • Living Area Units: Square Feet
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Net Sq Ft: 1900.00
  • Price Per Sq Ft: 144.68
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3720.00
  • HOA Condo Co-Op Amenities: Community Center, Pool - Outdoor, Swimming Pool
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Cleared
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es)
  • Zoning Description: RESIDENTIAL PLANNED COMM.

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 334-12.00-124.00-22
  • County Tax Payment Frequency: Annually
  • Close Date: 08/22/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2025
Sold by
Weller Larry J
Bought by
Grell Jon
Current Estimated Value
$506,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,920
Outstanding Balance
$399,920
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$97,473

Purchase Details

Listed on
May 23, 2017
Closed on
Aug 15, 2017
Sold by
Scardaville Maria H and Higgins Valerie L
Bought by
Weller Larry J
Seller's Agent
Lisa Mathena
The Lisa Mathena Group, Inc.
Buyer's Agent
Lora Butler
NextHome Preferred
List Price
$289,900
Sold Price
$270,000
Premium/Discount to List
-$19,900
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%

Purchase Details

Listed on
Feb 10, 2012
Closed on
Jun 5, 2012
Bought by
Higgins Valarie L and Scardaville Maria
Seller's Agent
Lisa Mathena
The Lisa Mathena Group, Inc.
Buyer's Agent
Lisa Mathena
The Lisa Mathena Group, Inc.
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$150,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2011
Sold by
Jeffrey Jeffrey
Bought by
Wells Fargo Bank Na
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
Grell Jon $499,900 None Listed On Document
Grell Jon $499,900 None Listed On Document
Weller Larry J $270,000 None Available
Higgins Valarie L $200,000 --
Wells Fargo Bank Na $278,853 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grell Jon $399,920
Closed Grell Jon $399,920
Previous Owner Higgins Valarie L $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2017 08/22/17 Sold $270,000 -6.9% $142 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $289,900 +45.0% $153 / Sq Ft
05/29/2012 05/29/12 Sold $200,000 0.0% $105 / Sq Ft View Prior Sale
05/02/2012 05/02/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $200,000 -- $105 / 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 $864 $21,250 $0 $21,250
2024 $1,104 $21,250 $0 $21,250
2023 $1,103 $21,250 $0 $21,250
2022 $1,065 $21,250 $0 $21,250
2021 $1,055 $21,250 $0 $21,250
2020 $1,033 $21,250 $0 $21,250
2019 $1,034 $21,250 $0 $21,250
2018 $966 $22,000 $0 $0
2017 $925 $22,000 $0 $0
2016 $879 $22,000 $0 $0
2015 $840 $22,000 $0 $0
2014 $834 $22,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001029868

Bright MLS

APN: 334-12.00-124.00-22