2 Mckinley St Unit 102 Dewey Beach, DE 19971
Estimated Value: $768,000 - $959,000
2
Beds
2
Baths
900
Sq Ft
$581/mo
HOA Fee
Highlights
- Ocean Front
- Access to Tidal Water
- Fishing Allowed
- Rehoboth Elementary School Rated A
- Sandy Beach
- 5-minute walk to John Waples Memorial Playground
About This Home
As of May 2020Opportunity knocks with this triple mint totally renovated oceanfront condo. Walk downstairs and over the dune to the beach! Enjoy ocean views from your private new balcony. The Sunspot building underwent over $2M in building renovations in 2018/19 and this unit is a renovated 2 bedroom/2 full bath condo has all new plumbing and electrical behind the walls. The kitchen was gutted and opened to the dining and living room areas. The all new kitchen features: soft white maple cabinets with full extension and soft close drawers, stainless steel appliances including stove/oven, built-in microwave, dishwasher and French door fridge. The kitchen is highlighted with recessed lights, a deep stainless-steel sink with a goose-neck faucet, granite countertops, Spanish backsplash tile and a tiled floor. There are two new full baths and new laundry in the unit. (IMPORTANT: This unit was once was a single bath with no washer dryer.) This is one of the only units in Sunspot with laundry inside the unit. Hot water is included in fees. The new private master bath features a walk-in shower with subway tile, glass inlay tile and built-in shampoo cubby. The subway tile runs around the bathroom and half-way up the walls. The custom vanity has black granite surface and antique mirror above with new lighting. The existing hall bath has been reconfigured and features a tub/shower combo with subway tile backsplash, glass inlay tile, shampoo cubby, wall subway tile and beautiful Spanish tile flooring to finish off the upscale look. The original hardwood pine floors have been beautifully redone and are in all areas except the kitchen and baths which are tiled. The ceiling in this unit was opened adding all new electric, additional ceiling height with new recessed lighting. New new drywall and ceilings in the kitchen, living room, dining area, hall, MBR bath, guest bath, new paint, window treatments and ceiling fans. There is a storage unit in the building s common room on first level allowing storage for bicycles, beach chairs, boogie boards and all your beach toys and storage. The Sunspot reopened in the summer of 2019 after extensive building upgrades and improvements. Structural upgrades to the building steel foundation, sea wall, new siding in the front and side of building, new walkways, railings, staircases, balcony, decking and sliding balcony doors in every unit. Future improvements include roof upgrades and parking lot new coating and lines. The exterior siding of Sunspot was totally redone in 2012. During that time, this unit replaced all the windows with double pane - energy efficient windows and a new HVAC (heating & cooling system) was also installed at that time. Sunspot is open all year. No need to winterize. This unit is fee simple (no ground rent). One assigned parking space in included. All assessments are paid. This top of the line oceanfront unit is ready for you and being offered fully furnished. Fantastic rental potential and enjoy for yourself. A few weekly 2020 summer bookings are in place. Dewey Beach is a vibrant coastal town positioned between the ocean and the bay. Enjoy fantastic entertainment, bars and restaurants from sunrise on the ocean to spectacular sunsets just two blocks away on Rehoboth Bay. Just minutes from the excitement of the Rehoboth Beach boardwalk and fine dining to the serenity of the Delaware Seashore State Park. Delaware enjoys very low real estate taxes and no sales tax.
Last Agent to Sell the Property
Monument Sotheby's International Realty License #RS-0017798 Listed on: 10/11/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $905
Year Built
- Built in 1966 | Remodeled in 2019
Lot Details
- Ocean Front
- Home fronts navigable water
- Sandy Beach
- Public Beach
- No Units Located Below
- Two or More Common Walls
- Sprinkler System
- Property is in very good condition
HOA Fees
- $581 Monthly HOA Fees
Property Views
- Ocean
- Scenic Vista
Home Design
- Coastal Architecture
- Batts Insulation
- Vinyl Siding
- Piling Construction
- Stick Built Home
Interior Spaces
- 900 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Window Treatments
- Entrance Foyer
- Combination Dining and Living Room
- Monitored
Kitchen
- Galley Kitchen
- Electric Oven or Range
- Built-In Range
- Built-In Microwave
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- 2 Full Bathrooms
- Dual Flush Toilets
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Stacked Electric Washer and Dryer
Parking
- Private Parking
- Paved Parking
- Parking Lot
- Off-Street Parking
- Parking Space Conveys
- 1 Assigned Parking Space
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Public Water Access
- Property is near an ocean
- Sail
- Swimming Allowed
- Balcony
- Outdoor Storage
Utilities
- Forced Air Heating and Cooling System
- High-Efficiency Water Heater
Additional Features
- More Than Two Accessible Exits
- Energy-Efficient Windows
- Flood Risk
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 234-20.18-192.00-102
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, reserve funds, snow removal, trash
- $170 Other Monthly Fees
- Low-Rise Condominium
- Sunspot Community
Recreation
- Fishing Allowed
Pet Policy
- No Pets Allowed
Additional Features
- Community Storage Space
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 11, 1998
Bought by
Durkos Michael W and Durkos Ann H
Total Days on Market
172
Current Estimated Value
Similar Homes in Dewey Beach, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Durkos Michael W | $119,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mark D & Lori L Martin Ret | $444,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/11/2020 05/11/20 | Sold | $555,000 | -4.0% | $617 / Sq Ft |
| 03/31/2020 03/31/20 | Pending | -- | -- | -- |
| 02/27/2020 02/27/20 | Price Changed | $578,400 | -3.6% | $643 / Sq Ft |
| 11/26/2019 11/26/19 | Price Changed | $600,000 | -7.7% | $667 / Sq Ft |
| 10/11/2019 10/11/19 | For Sale | $650,000 | +71.1% | $722 / Sq Ft |
| 12/14/2018 12/14/18 | Sold | $380,000 | +16.9% | $475 / Sq Ft |
| 09/28/2018 09/28/18 | Pending | -- | -- | -- |
| 09/10/2018 09/10/18 | Price Changed | $325,000 | -7.1% | $406 / Sq Ft |
| 08/28/2018 08/28/18 | Price Changed | $349,900 | -2.8% | $437 / Sq Ft |
| 08/17/2018 08/17/18 | Price Changed | $359,900 | -2.7% | $450 / Sq Ft |
| 07/31/2018 07/31/18 | Price Changed | $369,900 | -2.6% | $462 / Sq Ft |
| 02/14/2018 02/14/18 | Price Changed | $379,900 | -5.0% | $475 / Sq Ft |
| 12/11/2017 12/11/17 | For Sale | $399,900 | -- | $500 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,181 | $14,500 | $0 | $14,500 |
| 2023 | $1,180 | $14,500 | $0 | $14,500 |
| 2022 | $1,150 | $14,500 | $0 | $14,500 |
| 2021 | $1,143 | $14,500 | $0 | $14,500 |
| 2020 | $1,139 | $14,500 | $0 | $14,500 |
| 2019 | $1,119 | $14,500 | $0 | $14,500 |
| 2018 | $769 | $17,500 | $0 | $0 |
| 2017 | $736 | $17,500 | $0 | $0 |
| 2016 | $727 | $17,500 | $0 | $0 |
| 2015 | $696 | $17,500 | $0 | $0 |
| 2014 | $691 | $17,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Maltaghati
Seller's Agent in 2020
Paul Maltaghati
OCEAN ATLANTIC SOTHEBYS
(302) 430-3543
267 Total Sales
-
Dustin Oldfather
Buyer's Agent in 2020
Dustin Oldfather
Compass
(302) 249-5899
6 in this area
1,513 Total Sales
Map
Source: Bright MLS
MLS Number: DESU149664
APN: 334-20.18-192.00-102
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