NOT LISTED FOR SALE

2 Saulsbury St Unit 3 Dewey Beach, DE 19971

Estimated Value: $188,484 - $702,000

2 Beds
2 Baths
900 Sq Ft
$400/mo HOA Fee

Last Sold August 16, 2019

Last sale price $155,250 $172 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $2,743/month

71 Days on Market

Highlights

  • Ocean Front
  • Water Access
  • Furnished
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • Living Room

About This Home

As of August 2019

Beautiful Seaside Setting in Dewey Beach!This well maintained and decorated unit offers ceiling fans throughout, hardwood flooring, master bedroom with deck access, and views of the relaxing Atlantic Ocean. Cottage style with 2 bedrooms, inviting living area, and a nicely appointed kitchen with granite countertops and crisp white cabinetry. The Colonial Seas condominium complex is located Oceanfront, so you are steps away from Dewey s white sandy beach. The complex is intimate: just 6 unique condos with a common area for grilling, outdoor shower and patio area. Sleeps up to 6 people! Not a rental but could rent for up to $2,000 week, during peak weeks. Unit is second one, off the ocean.Enjoy a short stroll to not only the beach, but these popular venues: ice cream shops, brew pubs, restaurants and night life with live entertainment! Also, a very short bike ride takes you into Rehoboth for more dining options and shopping. This is a land lease property, Rehoboth by the Sea. There are 7 years remaining on lease. No guarantee on an extension after the 7 years.

Last Agent to Sell the Property

Tracy Kelley

Jack Lingo - Rehoboth License #RA-0031023 Listed on: 05/06/2019

Jack Lingo - Rehoboth

Last Buyer's Agent

HENRY MCKAY

Jack Lingo - Rehoboth License #RS-0014889

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $707

Year Built

  • Built in 1963

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Cleared Lot
  • Land Lease expires in 7 years
  • Ground Rent

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Cottage
  • Flat Roof Shape
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 900 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Living Room
  • Ocean Views

Bedrooms and Bathrooms

Parking

  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Water Access
  • Property is near an ocean

Location

  • Flood Risk

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 334-20.14-251.00-3

Community Details

Overview

  • Low-Rise Condominium
  • Get Property Management Condos
  • Colonial Seas Community
  • Rehoboth By The Sea Subdivision
  • Property Manager

Pet Policy

  • Limit on the number of pets
  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$707

Year Built

Built in 1963

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Cottage, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Land Lease
  • Exclusions: personal belongings
  • Inclusions: Furniture and fixtures
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1963
  • Remarks Public: Beautiful Seaside Setting in Dewey Beach!This well maintained and decorated unit offers ceiling fans throughout, hardwood flooring, master bedroom with deck access, and views of the relaxing Atlantic Ocean. Cottage style with 2 bedrooms, inviting living area, and a nicely appointed kitchen with granite countertops and crisp white cabinetry. The Colonial Seas condominium complex is located Oceanfront, so you are steps away from Dewey s white sandy beach. The complex is intimate: just 6 unique condos with a common area for grilling, outdoor shower and patio area. Sleeps up to 6 people! Not a rental but could rent for up to $2,000 week, during peak weeks. Unit is second one, off the ocean.Enjoy a short stroll to not only the beach, but these popular venues: ice cream shops, brew pubs, restaurants and night life with live entertainment! Also, a very short bike ride takes you into Rehoboth for more dining options and shopping. This is a land lease property, Rehoboth by the Sea. There are 7 years remaining on lease. No guarantee on an extension after the 7 years.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Full Bath
  • Basement: No
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 172.50
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Roof: Flat
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Wall Unit
  • Electric Service: Fuses
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4800.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: GET Property Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 7
  • Land Use Code: RC
  • Lot Features: Cleared
  • Lot Size Units: Square Feet
  • Year Assessed: 2018
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Pets: Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 174.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 707.00
  • Assessor Parcel Number: 334-20.14-251.00-3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/16/2019

Multi Family

  • Federal Flood Zone: AO
  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 1998
Bought by
O'Donnell David F and O'Donnell Valerie J
Current Estimated Value
$421,621
Source: Public Records

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
O'Donnell David F $75,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $155,250 -4.9% $173 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $163,200 -- $181 / 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 $535 $4,400 $0 $4,400
2023 $535 $4,400 $0 $4,400
2022 $528 $4,400 $0 $4,400
2021 $526 $4,400 $0 $4,400
2020 $524 $4,400 $0 $4,400
2019 $503 $4,400 $0 $4,400
2018 $193 $4,400 $0 $0
2017 $185 $4,400 $0 $0
2016 $204 $4,400 $0 $0
2015 $196 $4,400 $0 $0
2014 $195 $4,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracy Kelley

    Seller's Agent in 2019

    Tracy Kelley

    Jack Lingo - Rehoboth

    (302) 227-3883

    7 in this area

    41 Total Sales

    Tracy Kelley
    Section Image
  • HENRY MCKAY

    Buyer's Agent in 2019

    HENRY MCKAY

    Jack Lingo - Rehoboth

    (302) 381-5039

    1 in this area

    26 Total Sales

    HENRY MCKAY
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU139760

Bright MLS

APN: 334-20.14-251.00-2

Delaware Sussex County Dewey Beach 19971

2 Saulsbury St Unit 3, Dewey Beach, DE

This home is located at 2 Saulsbury St Unit 3, Dewey Beach, DE 19971 since 06 May 2019 and is currently estimated at $421,621, approximately $468 per square foot. This property was built in 1963. 2 Saulsbury St Unit 3 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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