NOT LISTED FOR SALE

16 Houston St Unit E Dewey Beach, DE 19971

Estimated Value: $1,328,147 - $1,712,000

4 Beds
3 Baths
2,328 Sq Ft
$500/mo HOA Fee

Last Sold October 15, 2019

Last sale price $800,000 $344 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,020/month

Highlights

  • Ocean View
  • Home fronts navigable water
  • Building is oceanfront but unit may not have water views
  • Rehoboth Elementary School Rated A
  • Water Access
  • Open Floorplan

About This Home

As of October 2019

Dewey Beach Premier Ocean-block Condo. Rarely-offered entire top floor condo with elevator featuring wrap-around decks and stunning ocean views! Just steps to the sand and surf! Totally renovated with top-of-the-line finishes. Sold fully furnished in the coastal style. This 4-bedroom, 3-bath condo in the Waves Condominiums features 2 master suites, large open floor plan with designer kitchen, Curava countertops, double oven gas range, tile backsplash, porcelain tile heated flooring throughout, 7 ceiling fans and an abundance of storage. Additional inclusions are 2 Rinnai systems, dual zone heating and cooling, custom tile baths, laundry room, outdoor shower, electric hurricane shutters, 2 off-street parking spaces, and outdoor storage shed. The ideal beach retreat in the northern area of Dewey Beach and convenient to Towers Beach State Park, downtown Rehoboth Beach, Gordons Pond State Park and the Breakwater Junction bike trails.

Last Agent to Sell the Property

Mike Kogler Team

(302) 227-2541 michael.kogler@LNF.com Long & Foster Real Estate, Inc. License #RS-0016259 Listed on: 05/06/2019

Long & Foster Real Estate, Inc.

Co-Listed By

CAROL LAZZARA

(401) 952-3902 lazzrealtor@gmail.com Long & Foster Real Estate, Inc. License #RS-0023962

Last Buyer's Agent

Lucius Webb

(302) 258-4590 luciusrwebb@yahoo.com Jack Lingo - Rehoboth License #RS-0017469

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,789

Year Built

  • Built in 1996

Lot Details

  • Building is oceanfront but unit may not have water views
  • Home fronts navigable water

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Entry on the 3rd floor
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,328 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Ocean Views

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Multiple Balconies
  • Deck
  • Shed
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Radiant Heating System
  • Tankless Water Heater

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Windows
  • Flood Risk

Community Details

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance
  • Low-Rise Condominium
  • Waves Community

Listing and Financial Details

  • Assessor Parcel Number 334-20.14-204.00-E

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,789

Year Built

Built in 1996

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1996
  • Remarks Public: Dewey Beach Premier Ocean-block Condo. Rarely-offered entire top floor condo with elevator featuring wrap-around decks and stunning ocean views! Just steps to the sand and surf! Totally renovated with top-of-the-line finishes. Sold fully furnished in the coastal style. This 4-bedroom, 3-bath condo in the Waves Condominiums features 2 master suites, large open floor plan with designer kitchen, Curava countertops, double oven gas range, tile backsplash, porcelain tile heated flooring throughout, 7 ceiling fans and an abundance of storage. Additional inclusions are 2 Rinnai systems, dual zone heating and cooling, custom tile baths, laundry room, outdoor shower, electric hurricane shutters, 2 off-street parking spaces, and outdoor storage shed. The ideal beach retreat in the northern area of Dewey Beach and convenient to Towers Beach State Park, downtown Rehoboth Beach, Gordons Pond State Park and the Breakwater Junction bike trails.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Built-In Range, Dryer - Electric, Microwave, Oven - Double, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Entry Floor: 3
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Elevator, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments
  • Window Features: Energy Efficient, Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Elevators Count: 1
  • Floors In Unit Count: 1
  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 2328
  • Living Area Sq Ft: 2328
  • Price Per Sq Ft: 407.65
  • Above Grade Finished Sq Ft: 2328
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame, Aluminum Siding
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • 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, Heat Pump(s), Radiant
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1500.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

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 Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple, Porch(es), Deck(s), Wrap Around
  • Year Assessed: 2019
  • Zoning: Q
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5204181
  • School Tax: 1332.00
  • Tax Annual Amount: 1789.00
  • Assessor Parcel Number: 334-20.14-204.00-E
  • Tax Total Finished Sq Ft: 2328
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 10/15/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2015
Closed on
Jul 17, 2015
Sold by
Pritchard Vakill Stefanie and Pritchard Broadway Susan
Bought by
Vermilye Judith Lee
Seller's Agent
ED STAUFFER
RE/MAX Realty Group Rehoboth
Buyer's Agent
Sally Thayer
Patterson-Schwartz-Rehoboth
List Price
$789,000
Sold Price
$789,000
Current Estimated Value
$1,555,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$766,049
Avg. Annual Appreciation
6.87%
Source: Public Records

Range of Values:

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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
Vermilye Judith Lee $789,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $800,000 -15.7% $344 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
08/17/2019 08/17/19 Price Changed $949,000 -5.1% $408 / Sq Ft
05/06/2019 05/06/19 For Sale $1,000,000 +26.7% $430 / Sq Ft
07/17/2015 07/17/15 Sold $789,000 0.0% $339 / Sq Ft
05/21/2015 05/21/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $789,000 -- $339 / 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 $3,314 $31,300 $0 $31,300
2024 $2,194 $31,300 $0 $31,300
2023 $2,192 $31,300 $0 $31,300
2022 $2,127 $31,300 $0 $31,300
2021 $2,110 $31,300 $0 $31,300
2020 $2,104 $31,300 $0 $31,300
2019 $2,085 $31,300 $0 $31,300
2018 $1,671 $38,050 $0 $0
2017 $1,600 $38,050 $0 $0
2016 $1,548 $38,050 $0 $0
2015 $1,481 $38,050 $0 $0
2014 $1,470 $38,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU139762

Bright MLS

APN: 334-20.14-204.00-E