NOT LISTED FOR SALE

1609 Coastal Hwy Unit 403 Dewey Beach, DE 19971

Estimated Value: $460,000 - $784,000

2 Beds
2 Baths
-- Sq Ft
$541/mo HOA Fee

Last Sold November 10, 2021

Last sale price $550,000

Est. 22% increase in value since last sale

Current estimated payment $4,369/month

63 Days on Market

Highlights

  • Beach
  • No Units Above
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Bay View
  • 2-minute walk to John Waples Memorial Playground

About This Home

As of November 2021

Back on the Market! This Beautiful 2-Bedroom, 2-Bathroom condo is located only 1 block to the beach in the Opal Condominiums. Freshly Painted throughout, new Luxury Vinyl Plank Floors, New Carpets, Granite Counter tops, Stainless Steel Appliances, and is being Sold Turnkey with all Contents. There is a community pool, and 2-Reserved Parking Spaces. Great for the investor looking for a rental property, or enjoy your own getaway that is just steps to the Beach! The town of Dewey Beach features restaurants, night clubs, a marina with boat slips, boat or Jet Ski rentals, and dog friendly beaches. Call for an appointment today!

Last Agent to Sell the Property

Bill Cullin

Long & Foster Real Estate, Inc. License #RS0018675 Listed on: 08/19/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Elizabeth Dorman

Coldwell Banker Premier - Rehoboth

Coldwell Banker Premier - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $846

Year Built

  • Built in 2006

Lot Details

  • Property fronts the bay but unit may not have water views
  • No Units Above
  • Two or More Common Walls
  • Landscaped
  • Property is in excellent condition

HOA Fees

  • $541 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Flat Roof Shape
  • Advanced Framing

Interior Spaces

  • Property has 4 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Combination Kitchen and Living
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • Assigned parking located at #27, 28
  • Parking Lot
  • 2 Assigned Parking Spaces

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-20.18-74.01-S403

Community Details

Overview

  • Association fees include pool(s), exterior building maintenance, lawn maintenance, management, snow removal, trash, water
  • $150 Other One-Time Fees
  • 39 Units
  • Low-Rise Condominium
  • Opal Community
  • Property Manager

Recreation

  • Beach
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • 1 Elevator
  • Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$846

Year Built

Built in 2006

Lot Details

0

HOA Fees

$541 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: Between Rt 1 & 113
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-08-27
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Assigned Parking Space Numbers: 27, 28
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Back on the Market! This Beautiful 2-Bedroom, 2-Bathroom condo is located only 1 block to the beach in the Opal Condominiums. Freshly Painted throughout, new Luxury Vinyl Plank Floors, New Carpets, Granite Counter tops, Stainless Steel Appliances, and is being Sold Turnkey with all Contents. There is a community pool, and 2-Reserved Parking Spaces. Great for the investor looking for a rental property, or enjoy your own getaway that is just steps to the Beach! The town of Dewey Beach features restaurants, night clubs, a marina with boat slips, boat or Jet Ski rentals, and dog friendly beaches. Call for an appointment today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Electric, Stainless Steel Appliances, Water Heater, Washer, Dryer, Dishwasher, Refrigerator, Icemaker
  • Entry Floor: 4
  • Flooring Type: Laminate Plank
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Living, Carpet, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Tub Shower, Stall Shower, Window Treatments
  • Window Features: Double Pane
  • Fireplace: No
  • Common Walls: 2+ Common Walls, No One Above
  • Door Features: Insulated
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 1
  • Levels Count: 4
  • Room Count: 6
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1609

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: Combination, Concrete, Advanced Framing
  • Exterior Features: Fire Escape
  • Roof: Flat
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private 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: 541.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach, Elevator, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Pool(s), Ext Bldg Maint, Lawn Maintenance, Management, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced

Fee Information

  • Other Fees: 150.00
  • Other Fees Frequency: One Time

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 Features: Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5205215
  • School Tax: 708.00
  • Tax Annual Amount: 846.00
  • Assessor Parcel Number: 334-20.18-74.01-S403
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/10/2021

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Nov 10, 2021
Sold by
Sally A Kahle Trust
Bought by
Deakyne James E
Seller's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
Buyer's Agent
Elizabeth Dorman
Coldwell Banker Premier - Rehoboth
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$671,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,715
Avg. Annual Appreciation
7.85%
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 Buyer Sale Price Title Company
Deakyne James E $550,000 Tunnell & Raysor Pa
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $550,000 0.0% --
08/19/2021 08/19/21 For Sale $550,000 -- --
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 $1,201 $16,650 $0 $16,650
2023 $1,200 $16,650 $0 $16,650
2022 $1,169 $16,650 $0 $16,650
2021 $1,161 $16,650 $0 $16,650
2020 $1,158 $16,650 $0 $16,650
2019 $1,138 $16,650 $0 $16,650
2018 $786 $17,900 $0 $0
2017 $753 $17,900 $0 $0
2016 $743 $17,900 $0 $0
2015 $712 $17,900 $0 $0
2014 $707 $17,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Cullin

    Seller's Agent in 2021

    Bill Cullin

    Long & Foster

    (302) 841-7147

    2 in this area

    196 Total Sales

    Bill Cullin
    Section Image
  • Elizabeth Dorman

    Buyer's Agent in 2021

    Elizabeth Dorman

    Coldwell Banker Premier - Rehoboth

    (302) 381-2777

    2 in this area

    202 Total Sales

    Elizabeth Dorman
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2004172

Bright MLS

APN: 334-20.18-74.01-S403

Delaware Sussex County Dewey Beach 19971

1609 Coastal Hwy Unit 403, Dewey Beach, DE

This home is located at 1609 Coastal Hwy Unit 403, Dewey Beach, DE 19971 since 19 August 2021 and is currently estimated at $671,715. This property was built in 2006. 1609 Coastal Hwy Unit 403 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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