NOT LISTED FOR SALE

2 Caspian Way Unit 8 Rehoboth Beach, DE 19971

Estimated Value: $490,767

3 Beds
2 Baths
1,783 Sq Ft
$275/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $334,900 $188 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,147/month

28 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Attic

About This Home

As of October 2019

Ready for Sun and Fun? We have the perfect pristine Beach Home awaiting you! Gorgeous MOVE-IN READY 3 bedroom 2 baths "modelesque", one-story casually-elegant home features a split floor plan to accommodate visiting family members or guests. The bright and airy open floorplan, tile and high end upgraded Ocean View oak flooring, crown molding and trim throughout will impress. The soft custom paints will calm the senses and incredible mural paintings invoke true beach living! The 16X12 owner suite features walk-in closets, stall shower and corner soaking tub with surround inlaid tile. Round out this home with a 4' conditioned crawl (perfect for additional storage), extensive front and rear patio hardscape, and retractable patio awning. This Energy Star Certified home is situated on a lovely corner lot, just a block from amenities, minutes from downtown Rehoboth, restaurants, shopping outlets and more! Call today as this magnificent property won't last!

Last Agent to Sell the Property

Renee L Thompson

LakeShore Realty LLC License #dupRB-0020222 Listed on: 08/27/2019

Last Buyer's Agent

Rhonda Frick

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $880

Year Built

  • Built in 2003

Lot Details

  • Extensive Hardscape
  • Property is in good condition
  • Property is zoned AR-1

HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Rambler Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,783 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Awning
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Efficiency Studio
  • Crawl Space
  • Storm Doors
  • Attic

Kitchen

  • Kitchen in Efficiency Studio
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-12.00-124.00-8

Community Details

Overview

  • $335 Capital Contribution Fee
  • Association fees include common area maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, pool(s), reserve funds, road maintenance, snow removal
  • Hps Management (Rayna Butler) HOA, Phone Number (302) 227-7878
  • Estates Of Sea Chase Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$880

Year Built

Built in 2003

Lot Details

0

HOA Fees

$341 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Exclusions: Personal Belongings
  • Historic: No
  • Home Warranty: No
  • Inclusions: Refrigerator, Dishwasher, Microwave, Disposal, Range, Washer/Dryer, Drapes/Shades
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-08-28
  • Federal Flood Zone: No
  • Year Built: 2003
  • Remarks Public: Ready for Sun and Fun? We have the perfect pristine Beach Home awaiting you! Gorgeous MOVE-IN READY 3 bedroom 2 baths "modelesque", one-story casually-elegant home features a split floor plan to accommodate visiting family members or guests. The bright and airy open floorplan, tile and high end upgraded Ocean View oak flooring, crown molding and trim throughout will impress. The soft custom paints will calm the senses and incredible mural paintings invoke true beach living! The 16X12 owner suite features walk-in closets, stall shower and corner soaking tub with surround inlaid tile. Round out this home with a 4' conditioned crawl (perfect for additional storage), extensive front and rear patio hardscape, and retractable patio awning. This Energy Star Certified home is situated on a lovely corner lot, just a block from amenities, minutes from downtown Rehoboth, restaurants, shopping outlets and more! Call today as this magnificent property won't last!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Built-In Range, Refrigerator, Washer, Water Heater, Built-In Microwave
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Dining Area, Efficiency, Entry Level Bedroom, Floor Plan - Open, Kitchen - Efficiency, Primary Bath(s), Soaking Tub, Stall Shower, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Energy Star Qualified
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space, Concrete Perimeter
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Sun/Florida Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1783
  • Living Area Sq Ft: 1783
  • Price Per Sq Ft: 187.83
  • Above Grade Finished Sq Ft: 1783
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

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: Frame, Vinyl Siding
  • Exterior Features: Exterior Lighting, Extensive Hardscape, Awning(s)
  • Roof: Architectural Shingle
  • Spa: 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
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 76.75
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 335.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal
  • HOA Name: HPS MANAGEMENT (RAYNA BUTLER)
  • HOA Phone: 302-227-7878
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Loss Mitigation Fee?: No
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 335.00

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Year Assessed: 2018
  • Zoning: AR-1
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5189811
  • School Tax: 791.00
  • Tax Annual Amount: 880.00
  • Assessor Parcel Number: 334-12.00-124.00-8
  • Tax Total Finished Sq Ft: 1783
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/25/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2018
Closed on
Jun 29, 2018
Sold by
Mcmillan James D and Mcmillan Margaret A
Bought by
Bautista Jesus and Bautista Emilia A
Seller's Agent
Barbara Heilman
Delaware Homes Inc
Buyer's Agent
Paul Webster
Patterson-Schwartz-Rehoboth
List Price
$330,000
Sold Price
$295,000
Premium/Discount to List
-$35,000
-10.61%
Current Estimated Value
$490,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,767
Avg. Annual Appreciation
6.36%
Original Mortgage
$210,000
Outstanding Balance
$154,811
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$299,553

Purchase Details

Closed on
Nov 7, 2003
Bought by
Mcmillan James D and Mcmil Margaret A
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
Bautista Jesus -- --
Mcmillan James D $207,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bautista Emilia A $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $334,900 0.0% $188 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $334,900 +13.5% $188 / Sq Ft
06/29/2018 06/29/18 Sold $295,000 -6.3% $165 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/16/2018 04/16/18 Price Changed $315,000 -4.5% $177 / Sq Ft
03/07/2018 03/07/18 For Sale $330,000 -- $185 / 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
2024 $988 $19,300 $0 $19,300
2023 $987 $19,300 $0 $19,300
2022 $953 $19,300 $0 $19,300
2021 $944 $19,300 $0 $19,300
2020 $941 $19,300 $0 $19,300
2019 $943 $19,300 $0 $19,300
2018 $880 $20,050 $0 $0
2017 $843 $20,050 $0 $0
2016 $801 $20,050 $0 $0
2015 $765 $20,050 $0 $0
2014 $760 $20,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU146950

Bright MLS

APN: 334-12.00-124.00-8