NOT LISTED FOR SALE

2 Mckinley St Unit 204 Dewey Beach, DE 19971

Estimated Value: $624,000 - $993,000

2 Beds
1 Bath
700 Sq Ft
$589/mo HOA Fee

Last Sold October 15, 2021

Last sale price $715,000 $1,021 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,132/month

1 Day on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Beach
  • 5-minute walk to John Waples Memorial Playground

About This Home

As of October 2021

Welcome to Sunspot! Oceanfront condo on top floor, corner end unit, offering ocean views from every room. Watch ocean sunrises from your covered deck. Have breakfast in bed and watch the waves. Delight in discovering dolphins swimming by from the glider on your deck. This well-maintained condo features hardwood floors, themed bathroom floor tiling, white cabinets in the open kitchen, ceiling fans, custom valances, solar shades, storage closets, central HVAC (new mid-2019) & more! Two well-sized bedrooms share full bathroom with tub/shower combination. Locked storage available on lower level for beach items. After the beach, use the outdoor community shower. Great rental history or enjoy this beach condo all to yourself! Walk to area restaurants and attractions or take the Jolly Trolley to Rehoboth. Enjoy the « Dewey Beach Way of Life » in this condo where every room and window displays an ocean view! Includes all furnishings, bedding, kitchen items.. On-site covered parking spot assigned to Unit.

Last Agent to Sell the Property

Kim Hamer

Monument Sotheby's International Realty License #RS-0013968 Listed on: 08/26/2021

Monument Sotheby's International Realty

Last Buyer's Agent

Allen Jarmon

NextHome Tomorrow Realty License #RA-0002913

NextHome Tomorrow Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $954

HOA Fees

  • $589 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Flat Roof Shape
  • Stick Built Home

Interior Spaces

  • 700 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Storage Room
  • Wood Flooring
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • 1 Full Bathroom

Parking

  • 1 Off-Street Space
  • Paved Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Ocean Front
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.18-192.00-204

Community Details

Overview

  • Association fees include common area maintenance, management
  • $200 Other One-Time Fees
  • Low-Rise Condominium
  • Sunspot Community
  • Sunspot Subdivision
  • Property Manager

Amenities

  • Community Storage Space

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$954

Lot Details

0

HOA Fees

$589 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: 2 x framed postcards hanging between bay window and door to the deck 1 x Hawaii art gallery blue postcard (hanging on common wall between 204 and 205) 2 x James/beach framed pictures (2 vertical frames) 3 x wood framed fruit pictures 1 x Needlepoint ange
  • Inclusions: All furniture, decor, kitchen items
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to Sunspot! Oceanfront condo on top floor, corner end unit, offering ocean views from every room. Watch ocean sunrises from your covered deck. Have breakfast in bed and watch the waves. Delight in discovering dolphins swimming by from the glider on your deck. This well-maintained condo features hardwood floors, themed bathroom floor tiling, white cabinets in the open kitchen, ceiling fans, custom valances, solar shades, storage closets, central HVAC (new mid-2019) & more! Two well-sized bedrooms share full bathroom with tub/shower combination. Locked storage available on lower level for beach items. After the beach, use the outdoor community shower. Great rental history or enjoy this beach condo all to yourself! Walk to area restaurants and attractions or take the Jolly Trolley to Rehoboth. Enjoy the « Dewey Beach Way of Life » in this condo where every room and window displays an ocean view! Includes all furnishings, bedding, kitchen items.. On-site covered parking spot assigned to Unit.
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 3
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Kitchen - Island, Primary Bedroom - Ocean Front, Window Treatments, Wood Floors
  • Floors In Unit Count: 3
  • Levels Count: 1
  • Room List: Bedroom 2, Kitchen, Family Room, Foyer, Bedroom 1, Storage Room, Bathroom 1
  • Basement: No
  • Total Sq Ft: 700
  • Living Area Sq Ft: 700
  • Price Per Sq Ft: 971.29
  • Above Grade Finished Sq Ft: 700
  • 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, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Outside Shower
  • Roof: Flat
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Paved Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1768.05
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Beach, Extra Storage, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 200.00
  • Other Fees Frequency: One Time

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 26089.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5204878
  • School Tax: 786.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 954.00
  • Assessor Parcel Number: 334-20.18-192.00-204
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/15/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Similar Home in Dewey Beach, DE

  • 1406 Coastal Hwy Unit 3B, Dewey Beach, DE 19971

    $850,000

    • 2 Beds
    • 2 Baths
    • 879 Sq Ft
    • 1406 Coastal Hwy
    • Unit 3B
    • Dewey Beach, DE

    This beautifully renovated unit of the Delano has updates throughout that provide a fresh and modern aesthetic, offering the best in contemporary living. Located on a beach block in Dewey Beach across from the recently constructed Hyatt Place Condos, you'll immediately fall in love. Everything in this unit is completely renovated and freshly painted throughout. From the moment you walk inside,

    Shane Pezick RE/MAX Associates-Wilmington

    Section Image

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

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $715,000 +5.2% $1,021 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $679,900 -- $971 / 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 $1,378 $18,500 $0 $18,500
2023 $1,377 $18,500 $0 $18,500
2022 $1,340 $18,500 $0 $18,500
2021 $1,331 $18,500 $0 $18,500
2020 $1,327 $18,500 $0 $18,500
2019 $1,307 $18,500 $0 $18,500
2018 $944 $21,500 $0 $0
2017 $904 $21,500 $0 $0
2016 $887 $21,500 $0 $0
2015 $849 $21,500 $0 $0
2014 $843 $21,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2005030

Bright MLS

APN: 334-20.18-192.00-204