$388,000
SOLD AUG 31, 2018

18864 Shearwater Dr Unit 5 Rehoboth Beach, DE 19971

3 Beds
2 Baths
1,980 Sq Ft
$200/mo HOA Fee

Recently Sold

$196 Per Sq Ft

3% Above List Price

Highlights

  • Fitness Center
  • Newly Remodeled
  • Contemporary Architecture
  • Rehoboth Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of April 2021

Fantastic Quick Delivery! These maintenance-free townhomes offer the best of new construction at the beach. Not only are they east of Route 1, which places the community on the beach side of the highway, but they?re also within biking and walking distance of Gordons Pond, downtown Rehoboth Beach, the outlets and many restaurants and stores.This private community, set back from the road, is ideal for those who value convenience. Homeowners can park in the garage and head right to the beach. There?s no lawn to cut and no garden to maintain.There are only a few residences remaining in this popular, fast-selling community. Act now to enjoy its many advantages.All the luxurious residences have three-stories, three bedrooms, 9-foot ceilings on the main living level and a single-car garage.Along with the low-maintenance townhouses, residents enjoy a pool and a clubhouse with a fully equipped fitness center and an activity/gathering room with a full kitchen.

Last Agent to Sell the Property

William Sladek

(302) 494-8100 Bill@DEnewhomes.com HOME FINDERS REAL ESTATE CO. Listed on: 10/21/2015

Last Buyer's Agent

William Sladek

(302) 494-8100 Bill@DEnewhomes.com HOME FINDERS REAL ESTATE CO. Listed on: 10/21/2015

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,155

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 4,356 Sq Ft Lot

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,980 Sq Ft Home
  • Property has 3 Levels
  • Gas Fireplace
  • Great Room
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

Overview

  • Association fees include lawn maintenance
  • Rehoboth Crossing Subdivision

Recreation

  • Fitness Center
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,155

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • New Construction: Yes
  • Story List: Upper 2
  • Federal Flood Zone: No
  • Year Built: 2016
  • Remarks Public: Fantastic Quick Delivery! These maintenance-free townhomes offer the best of new construction at the beach. Not only are they east of Route 1, which places the community on the beach side of the highway, but they?re also within biking and walking distance of Gordons Pond, downtown Rehoboth Beach, the outlets and many restaurants and stores.This private community, set back from the road, is ideal for those who value convenience. Homeowners can park in the garage and head right to the beach. There?s no lawn to cut and no garden to maintain.There are only a few residences remaining in this popular, fast-selling community. Act now to enjoy its many advantages.All the luxurious residences have three-stories, three bedrooms, 9-foot ceilings on the main living level and a single-car garage.Along with the low-maintenance townhouses, residents enjoy a pool and a clubhouse with a fully equipped fitness center and an activity/gathering room with a full kitchen.
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Oven - Self Cleaning, Washer/Dryer Hookups Only, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Pantry, Entry Level Bedroom
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 5
  • Room List: Primary Bedroom, Kitchen, Great Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Net Sq Ft: 1980.00
  • Price Per Sq Ft: 195.96
  • Above Grade Finished Sq Ft: 1980
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18864

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level 2 Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Fitness Center, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es), Screened
  • Zoning: RES
  • Zoning Description: RESIDENTIAL PLANNED COMM.
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • County Tax Payment Frequency: Annually
  • Close Date: 08/31/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 18, 2021
Sold by
Houchins Damon L and Houchins Angela M
Bought by
Riegel Perry and Riegel Elaine
Seller's Agent
Angela Houchins
Long & Foster Real Estate, Inc.
Buyer's Agent
Angela Houchins
Long & Foster Real Estate, Inc.
List Price
$439,900
Sold Price
$430,000
Premium/Discount to List
-$9,900
-2.25%
Current Estimated Value
$584,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,688
Avg. Annual Appreciation
7.15%
Original Mortgage
$190,000
Outstanding Balance
$171,821
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$412,867
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 Type Sale Price Title Company
Deed $430,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $430,000 -2.3% $215 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $439,900 +13.4% $220 / Sq Ft
08/31/2018 08/31/18 Sold $388,000 0.0% $196 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $388,000 +3.2% $196 / Sq Ft
10/21/2015 10/21/15 For Sale $375,919 -- $190 / 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 $1,155 $29,350 $0 $29,350
2024 $1,476 $29,350 $0 $29,350
2023 $1,475 $29,350 $0 $29,350
2022 $1,423 $29,350 $0 $29,350
2021 $1,410 $29,350 $0 $29,350
2020 $1,406 $29,350 $0 $29,350
2019 $93 $29,350 $0 $29,350
2018 $1,315 $29,950 $0 $0
2017 $1,260 $29,950 $0 $0
2016 $1,172 $29,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001565744

Bright MLS

APN: 334-13.00-0350.00- 5