NOT LISTED FOR SALE

18264 Highwood Dr Unit 101 Rehoboth Beach, DE 19971

Estimated Value: $855,000 - $1,135,000

3 Beds
2 Baths
3,698 Sq Ft
$266/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $817,435 $221 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,673/month

Highlights

  • New Construction
  • Clubhouse
  • Great Room
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • Community Pool

About This Home

As of June 2023

June '23 DELIVERY! Welcome to the to be built Fairhaven at Wellesley. The only new home community with oversized homesites in the coveted Rehoboth zip code. Enjoy included luxury features, a pond view backyard. This homesite is perfectly situated with a pond view from your included rear covered porch. A beautiful new home with luxury finishes throughout. Enjoy main level living, plenty of room for guests and a stunning open living area. Entertain your guests in style or host your family for the holidays. Need more space? Enjoy a morning cup of coffee or an evening glass of wine on your included rear covered porch while enjoying pond views from this specific homesite. First-class amenities here include a clubhouse with bar and a beautiful pool - perfect for meeting up with new neighbors. Or meet your neighbors for a workout at the new fitness center or a lap around the community. **Do you wish you could turn back time on Interest Rates!? During the month of December, we will pay the 4.25 points to buy down your rate and cover your extended rate lock (with the use of NVR Mortgage). Contact for more details.

Last Agent to Sell the Property

Tineshia Johnson

(240) 305-1275 info@realurbanrealty.com NVR, INC. License #WVB230300909 Listed on: 12/27/2022

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Property is in excellent condition

HOA Fees

  • $308 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 1 Level
  • Entrance Foyer
  • Great Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • Natural Gas Water Heater
  • Public Septic

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, snow removal, trash
  • Built by NV Homes
  • Wellesley At Hidden Meadows Subdivision, Fairhaven Floorplan

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,754

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$308 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: June '23 DELIVERY! Welcome to the to be built Fairhaven at Wellesley. The only new home community with oversized homesites in the coveted Rehoboth zip code. Enjoy included luxury features, a pond view backyard. This homesite is perfectly situated with a pond view from your included rear covered porch. A beautiful new home with luxury finishes throughout. Enjoy main level living, plenty of room for guests and a stunning open living area. Entertain your guests in style or host your family for the holidays. Need more space? Enjoy a morning cup of coffee or an evening glass of wine on your included rear covered porch while enjoying pond views from this specific homesite. First-class amenities here include a clubhouse with bar and a beautiful pool - perfect for meeting up with new neighbors. Or meet your neighbors for a workout at the new fitness center or a lap around the community. **Do you wish you could turn back time on Interest Rates!? During the month of December, we will pay the 4.25 points to buy down your rate and cover your extended rate lock (with the use of NVR Mortgage). Contact for more details.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Great Room, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 3698
  • Living Area Sq Ft: 3698
  • Price Per Sq Ft: 369.47
  • Above Grade Finished Sq Ft: 2241
  • Below Grade Finished Sq Ft: 1457
  • Total Below Grade Sq Ft: 1457
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18264

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Mixed
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 308.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 2000.00

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Building Info

  • Builder Name: NV Homes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Close Date: 06/15/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
Jun 15, 2023
Sold by
Nvhomes
Bought by
Oconnor Michael T and Oconnor Sharon S
Seller's Agent
Tineshia Johnson
NVR, INC.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$827,990
Sold Price
$817,435
Premium/Discount to List
-$10,555
-1.27%
Views
1
Current Estimated Value
$984,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,909
Avg. Annual Appreciation
8.41%
Original Mortgage
$300,000
Outstanding Balance
$291,978
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$692,366

Purchase Details

Closed on
Jan 30, 2023
Sold by
Wellesley Rehoboth Lp
Bought by
Nvhomes
Source: Public Records

Range of Values:

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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
Oconnor Michael T $817,435 None Listed On Document
Nvhomes $184,649 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnor Michael T $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $817,435 -1.3% $221 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
12/27/2022 12/27/22 For Sale $827,990 -- $224 / 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 $1,754 $0 $0 $0
2024 $1,863 $0 $0 $0
2023 $1,862 $0 $0 $0
2022 $238 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tineshia Johnson

    Seller's Agent in 2023

    Tineshia Johnson

    NVR, INC.

    (240) 305-1275

    111 in this area

    3,670 Total Sales

    Tineshia Johnson
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2033740

Bright MLS

APN: 334-12.00-1224.00

Delaware Sussex County Rehoboth Beach 19971

18264 Highwood Dr Unit 101, Rehoboth Beach, DE

This home is located at 18264 Highwood Dr Unit 101, Rehoboth Beach, DE 19971 since 27 December 2022 and is currently estimated at $984,344, approximately $266 per square foot. This property was built in 2022. 18264 Highwood Dr Unit 101 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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