$380,000
SOLD DEC 14, 2018

2 Mckinley St Unit 102 Dewey Beach, DE 19971

2 Beds
1 Bath
800 Sq Ft
$427/mo HOA Fee

Recently Sold

$475 Per Sq Ft

5% Below List Price

291 Days on Market

Highlights

  • Ocean View
  • Beach
  • Access to Tidal Water
  • Rehoboth Elementary School Rated A
  • Home fronts navigable water
  • 5-minute walk to John Waples Memorial Playground

About This Home

As of May 2020

New price: $320,000 FIRM for a 2 bedroom oceanfront condo. NO ground rent! The Sunspot Building in Dewey Beach! New Windows, Beautiful Refinished Hardwood Floors. New Heat Pump in 2012. Hot Water is Included in Condo fee. Ocean Views! Steps to the Beach Without Crossing Coastal Highway! FEE SIMPLE (NO Ground Rent)! Land lease has been purchased - a $25,000 value for a 2br in Sunspot. Being Sold Furnished. Sleeps 4-6 Never Rented till 2018. Great Investment! Condo Fee Includes Monies Towards a Long Term Reserve. Located in the Heart of Dewey Beach. Walk to Dining, Entertainment and Shopping! Sunrise over the Ocean and Sunsets Over Rehoboth Bay. Live the Lifestyle Today! One Assigned Parking Space Under the Building. Separate Storage Gage for all Your Beach Toys! Common Laundry Room for Owners Only & a W/D Hookup in the unit. A Buyer paid assessment will be due in Spring 2019 for a new building foundation, stairs, walkways and railings. Call agent for details.

Last Agent to Sell the Property

Paul Maltaghati

Monument Sotheby's International Realty License #RS-0017798 Listed on: 12/11/2017

Monument Sotheby's International Realty

Last Buyer's Agent

Paul Maltaghati

Monument Sotheby's International Realty License #RS-0017798 Listed on: 12/11/2017

Monument Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $905

Year Built

  • Built in 1966 | Remodeled in 2018

Lot Details

  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $427 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Flat Roof Shape
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 800 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Entrance Foyer
  • Living Room
  • Ocean Views
  • Washer and Dryer Hookup

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space Included
  • Parking Lot
  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Powered Boats Permitted
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 120/240V
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.18-192.00-102

Community Details

Overview

  • Association fees include common area maintenance, insurance, laundry, management, reserve funds
  • Low-Rise Condominium
  • Sunspot Community

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Beach
  • Fishing Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$905

Year Built

Built in 1966 | Remodeled in 2018

Lot Details

0

HOA Fees

$427 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: Personal Items
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1966
  • Year Renovated: 2018
  • Remarks Public: New price: $320,000 FIRM for a 2 bedroom oceanfront condo. NO ground rent! The Sunspot Building in Dewey Beach! New Windows, Beautiful Refinished Hardwood Floors. New Heat Pump in 2012. Hot Water is Included in Condo fee. Ocean Views! Steps to the Beach Without Crossing Coastal Highway! FEE SIMPLE (NO Ground Rent)! Land lease has been purchased - a $25,000 value for a 2br in Sunspot. Being Sold Furnished. Sleeps 4-6 Never Rented till 2018. Great Investment! Condo Fee Includes Monies Towards a Long Term Reserve. Located in the Heart of Dewey Beach. Walk to Dining, Entertainment and Shopping! Sunrise over the Ocean and Sunsets Over Rehoboth Bay. Live the Lifestyle Today! One Assigned Parking Space Under the Building. Separate Storage Gage for all Your Beach Toys! Common Laundry Room for Owners Only & a W/D Hookup in the unit. A Buyer paid assessment will be due in Spring 2019 for a new building foundation, stairs, walkways and railings. Call agent for details.
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Hookups Only
  • Entry Floor: 2
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Kitchen - Galley, Window Treatments, Ceiling Fan(s)
  • Window Features: Screens
  • Fireplace: No
  • Common Walls: 2+ Common Walls, No One Below
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pilings
  • Level Count: 1
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Foyer
  • Basement: No
  • Laundry Type: Shared
  • Living Area Units: Square Feet
  • Total Sq Ft: 800
  • Living Area Sq Ft: 800
  • Net Sq Ft: 800.00
  • Price Per Sq Ft: 406.25
  • Above Grade Finished Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Flat
  • View: Ocean
  • Water Access Features: Public Access, Public Beach, Swimming Allowed, Canoe/Kayak, Boat - Powered, Fishing Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Under Home Parking
  • Number Of Parking Spaces Included: 1-Car Parking
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1280.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Beach, Extra Storage, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Laundry, Management, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es), Screened
  • Zoning: GENERAL RESIDENTIAL
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5204864
  • Tax Annual Amount: 905.00
  • Assessor Parcel Number: 334-20.18-192.00-102
  • County Tax Payment Frequency: Annually
  • Close Date: 12/14/2018

Multi Family

  • Income Expense List: Total Tax Bill
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 1998
Bought by
Durkos Michael W and Durkos Ann H
Current Estimated Value
$847,800
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $119,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $444,000 Stand Alone Refi Refinance Of Original Loan
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

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 $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

    270 Total Sales

    Paul Maltaghati
    Section Image
  • Dustin Oldfather

    Buyer's Agent in 2020

    Dustin Oldfather

    Compass

    (302) 249-5899

    6 in this area

    1,508 Total Sales

    Dustin Oldfather
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001569312

Bright MLS

APN: 334-20.18-192.00-102

Delaware Sussex County Dewey Beach 19971

2 Mckinley St Unit 102, Dewey Beach, DE

This home is located at 2 Mckinley St Unit 102, Dewey Beach, DE 19971 and is currently priced at $380,000, approximately $475 per square foot. This property was built in 1966. 2 Mckinley St Unit 102 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes