NOT LISTED FOR SALE

19979 Sandy Bottom Cir Unit 505 Rehoboth Beach, DE 19971

Estimated Value: $477,000 - $707,634

4 Beds
2.5 Baths
1,400 Sq Ft
$450/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $575,000 $411 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,867/month

Highlights

  • 30 Feet of Waterfront
  • Water Oriented
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Pond View
  • Pond

About This Home

As of February 2022

Situated along the Break Water Trail with Community Access this Luxury, gated, neighborhood is a one hot commodity. This four-bedroom home has never been rented and is tastefully decorated with high-end finishes. Upgraded cabinetry, appliances, and granite make this a turnkey home at the beach. Located pond-front and Oceanside of Route 1. Easy access to the beach and local shops and restaurants. Although this was not a rental, comparables in the neighborhood would bring more than $60K per season. Seller has agreed to look at all offers on Tuesday, Dec. 21 by 1:00 pm.

Last Agent to Sell the Property

Joseph Maggio

(302) 381-2268 joe@maggiorealty.com Dave McCarthy & Associates, Inc. License #RA-0020900 Listed on: 12/17/2021

Co-Listed By

Kim Hitchens

(302) 381-1071 kimhitchens@reinrb.com Dave McCarthy & Associates, Inc. License #RS-0014663

Last Buyer's Agent

BRENDA GREENAN

benniegre@aol.com Monument Sotheby's International Realty License #RS-0019599

Monument Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $979

Year Built

  • Built in 2004

Lot Details

  • 30 Feet of Waterfront
  • Southeast Facing Home
  • Zero Lot Line

HOA Fees

  • $432 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Free Standing Fireplace
  • Electric Fireplace
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Pond Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Driveway
  • Parking Lot

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Pond
  • Screened Patio
  • Water Fountains
  • Porch

Schools

  • Rehoboth Elementary School
  • Cape Henlopen Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-352.01-505

Community Details

Overview

  • Association fees include trash, snow removal, security gate
  • Vacasa Property Management Condos, Phone Number (302) 541-8885
  • Tides Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Limit on the number of pets

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$979

Year Built

Built in 2004

Lot Details

0

HOA Fees

$432 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: Hope Chest in Master Suite, Outside Furniture, and Family Photos/Memorabilia
  • Home Warranty: No
  • Inclusions: Sold Furnished as show
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-12-18
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Situated along the Break Water Trail with Community Access this Luxury, gated, neighborhood is a one hot commodity. This four-bedroom home has never been rented and is tastefully decorated with high-end finishes. Upgraded cabinetry, appliances, and granite make this a turnkey home at the beach. Located pond-front and Oceanside of Route 1. Easy access to the beach and local shops and restaurants. Although this was not a rental, comparables in the neighborhood would bring more than $60K per season. Seller has agreed to look at all offers on Tuesday, Dec. 21 by 1:00 pm.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Upgraded Countertops, Wood Floors, Window Treatments
  • Window Features: Screens, Storm
  • Fireplace Features: Free Standing, Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room Count: 8
  • Basement: No
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 410.71
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 19979

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Water Fountains
  • Roof: Architectural Shingle
  • Spa: No
  • View: Pond
  • Water Access: No
  • Water Body Name: SWM
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 30

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 432.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Vacasa Property Management
  • Condo Co-Op Phone: 3025418885
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Hot Tub, Bike Trail
  • HOA Condo Co-Op Fee Includes: Trash, Snow Removal, Security Gate
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 0.50

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: CAPE HENLOPEN
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: CAPE HENLOPEN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Features: Pond, Zero Lot Line
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Porch(es), Screened
  • Year Assessed: 2021
  • Zoning: RESDIDENTIAL
  • Zoning Description: MultiResidential
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5193161
  • School Tax: 887.00
  • Tax Annual Amount: 979.00
  • Assessor Parcel Number: 334-13.00-352.01-505
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/08/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Feb 8, 2022
Sold by
Thomas Herr Harry
Bought by
Rosanne P Hitt Trust
Seller's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
Buyer's Agent
BRENDA GREENAN
Monument Sotheby's International Realty
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$629,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,409
Avg. Annual Appreciation
3.06%
Original Mortgage
$75,000
Outstanding Balance
$69,652
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$572,200

Purchase Details

Listed on
May 25, 2016
Closed on
Aug 23, 2016
Sold by
Walsh Maureen F and Walsh William A
Bought by
Herr Harry Thomas and Herr Madeline Virginia
Seller's Agent
Mitch Selbiger
Monument Sotheby's International Realty
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$404,900
Sold Price
$400,000
Premium/Discount to List
-$4,900
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Source: Public Records

Range of Values:

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Average Value
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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
Rosanne P Hitt Trust $575,000 Ward & Taylor Llc
Herr Harry Thomas $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosanne P Hitt Trust $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $575,000 0.0% $411 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $575,000 0.0% $411 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
12/17/2021 12/17/21 Price Changed $575,000 +9.5% $411 / Sq Ft
12/17/2021 12/17/21 For Sale $525,000 +31.3% $375 / Sq Ft
08/22/2016 08/22/16 Sold $400,000 -1.2% $216 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $404,900 -- $219 / 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 $1,181 $20,800 $0 $20,800
2024 $1,062 $20,800 $0 $20,800
2023 $1,061 $20,800 $0 $20,800
2022 $1,024 $20,800 $0 $20,800
2021 $1,015 $20,800 $0 $20,800
2020 $1,012 $20,800 $0 $20,800
2019 $1,013 $20,800 $0 $20,800
2018 $946 $21,550 $0 $0
2017 $906 $21,550 $0 $0
2016 $861 $21,550 $0 $0
2015 $823 $21,550 $0 $0
2014 $816 $21,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Maggio

    Seller's Agent in 2022

    Joseph Maggio

    Dave McCarthy & Associates, Inc.

    (302) 381-2268

    41 in this area

    101 Total Sales

    Joseph Maggio
    Section Image
  • Kim Hitchens

    Seller Co-Listing Agent in 2022

    Kim Hitchens

    Dave McCarthy & Associates, Inc.

    (302) 381-1071

    29 in this area

    98 Total Sales

    Kim Hitchens
    Section Image

  • B

    Buyer's Agent in 2022

    BRENDA GREENAN

    OCEAN ATLANTIC SOTHEBYS

    8 in this area

    19 Total Sales

    BRENDA GREENAN
    Section Image
  • Mitch Selbiger

    Seller's Agent in 2016

    Mitch Selbiger

    OCEAN ATLANTIC SOTHEBYS

    (410) 274-3479

    37 in this area

    61 Total Sales

    Mitch Selbiger
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    JODY BERGERON

    OCEAN ATLANTIC SOTHEBYS

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2011246

Bright MLS

APN: 334-13.00-352.01-505

Delaware Sussex County Rehoboth Beach 19971

19979 Sandy Bottom Cir Unit 505, Rehoboth Beach, DE

This home is located at 19979 Sandy Bottom Cir Unit 505, Rehoboth Beach, DE 19971 since 17 December 2021 and is currently estimated at $629,409, approximately $449 per square foot. This property was built in 2004. 19979 Sandy Bottom Cir Unit 505 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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