$325,000
SOLD DEC 29, 2017

159 Henlopen Ave Unit 2 Rehoboth Beach, DE 19971

1 Bed
1 Bath
535 Sq Ft
$258/mo HOA Fee

Recently Sold

$607 Per Sq Ft

12% Below List Price

67 Days on Market

Highlights

  • Cabana
  • Coastal Architecture
  • Partially Wooded Lot
  • Rehoboth Elementary School Rated A
  • Deck
  • 3-minute walk to Grove Park

About This Home

As of December 2017

Discover your slice of paradise! Rarely offered fist floor poolside condo in The Pines! Located within a beautiful 6 unit community surrounded by lush gardens featuring a pool and cabana. One of the most unique and private settings in Rehoboth Beach. Ideal getaway within walking distance to the beach and all the great shops and restaurants in downtown Rehoboth Beach. This unit is located directly off the pool and offers a separate side deck and murphy bed. The property has been well maintained and requires very little upkeep. The condo fee includes electric, water, sewer, pool maintenance and landscaping/grounds maintenance. Furnished and ready to enjoy your 2018 summer!

Last Agent to Sell the Property

Henry Jaffe

Monument Sotheby's International Realty Listed on: 09/24/2017

Monument Sotheby's International Realty

Last Buyer's Agent

Melinda Ingram

Jack Lingo - Rehoboth License #RS-0017875

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $352

Year Built

  • Built in 1920

Lot Details

  • Property is Fully Fenced
  • Partially Wooded Lot

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Coastal Architecture
  • Cottage
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stick Built Home
  • Masonry
  • Stucco
  • Cedar

Interior Spaces

  • 535 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Living Room
  • Den

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool
  • Poolside Lot
  • Outdoor Shower

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 334-13.16-42.00-2

Community Details

Overview

  • Association fees include lawn maintenance
  • Low-Rise Condominium
  • Woodhugh Community
  • North Rehoboth Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$352

Year Built

Built in 1920

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Discover your slice of paradise! Rarely offered fist floor poolside condo in The Pines! Located within a beautiful 6 unit community surrounded by lush gardens featuring a pool and cabana. One of the most unique and private settings in Rehoboth Beach. Ideal getaway within walking distance to the beach and all the great shops and restaurants in downtown Rehoboth Beach. This unit is located directly off the pool and offers a separate side deck and murphy bed. The property has been well maintained and requires very little upkeep. The condo fee includes electric, water, sewer, pool maintenance and landscaping/grounds maintenance. Furnished and ready to enjoy your 2018 summer!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Primary Bedroom, Kitchen, Den
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 535
  • Living Area Sq Ft: 535
  • Net Sq Ft: 535.00
  • Price Per Sq Ft: 616.82
  • Above Grade Finished Sq Ft: 535
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 159

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Cabana/Pool House
  • Construction Materials: Masonry, Stick Built, Cedar, Stucco
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Pool Features: In Ground
  • 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: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3100.00
  • HOA Condo Co-Op Amenities: Laundry Facilities, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Fencing: Fully
  • Lot Features: Partly Wooded, Poolside, Trees/Wooded
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: MEDIUM RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5194259
  • Tax Annual Amount: 352.00
  • Assessor Parcel Number: 334-13.16-42.00-2
  • County Tax Payment Frequency: Annually
  • Close Date: 12/29/2017

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
James Michael Tubbs Revocable Trust and Tubbs James Michael
Bought by
Prow Anna D and Cook Elizabeth Ann
Current Estimated Value
$666,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$246,950
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$426,434

Purchase Details

Closed on
Aug 18, 2020
Sold by
Wyatt Ft
Bought by
Shilkofski Nicole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,600
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2017
Closed on
Dec 20, 2017
Sold by
Stefanelli Lara
Bought by
Straight Robert L and Straight Christine A
Seller's Agent
Henry Jaffe
Monument Sotheby's International Realty
Buyer's Agent
Melinda Ingram
Jack Lingo - Rehoboth
List Price
$370,000
Sold Price
$325,000
Premium/Discount to List
-$45,000
-12.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.06%
Original Mortgage
$260,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2015
Closed on
Jul 24, 2015
Sold by
Collins Anne H and Bosc Joyce L
Bought by
Stefanell Lara
Seller's Agent
MARY ANN SLINKMAN
BAY COAST REALTY
Buyer's Agent
JAMES ROBINSON
Keller Williams Realty
List Price
$340,000
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.86%
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 Type Sale Price Title Company
Deed $725,000 None Listed On Document
Deed $327,000 None Available
Deed $325,000 --
Deed $340,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Closed $200,000 New Conventional
Previous Owner $184,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $261,600 New Conventional
Previous Owner $260,000 New Conventional
Previous Owner $245,600 No Value Available
Previous Owner $219,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $325,000 -1.5% $607 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
11/13/2017 11/13/17 Price Changed $330,000 -2.9% $617 / Sq Ft
10/30/2017 10/30/17 Price Changed $340,000 -5.6% $636 / Sq Ft
10/12/2017 10/12/17 Price Changed $360,000 -2.7% $673 / Sq Ft
09/24/2017 09/24/17 For Sale $370,000 +8.8% $692 / Sq Ft
08/05/2015 08/05/15 Sold $340,000 0.0% --
06/27/2015 06/27/15 Pending -- -- --
02/28/2015 02/28/15 For Sale $340,000 -- --
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 -- $35,800 $15,000 $20,800
2023 $0 $35,800 $15,000 $20,800
2022 $1,681 $35,800 $15,000 $20,800
2021 $1,681 $35,800 $15,000 $20,800
2020 $1,681 $35,800 $15,000 $20,800
2019 $1,683 $35,800 $15,000 $20,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001033454

Bright MLS

APN: 334-13.16-42.00