Edgewater House 2 Virginia Ave Unit 207 Rehoboth Beach, DE 19971
Estimated Value: $590,000 - $893,900
--
Bed
1
Bath
540
Sq Ft
$522/mo
HOA Fee
Highlights
- Water Oriented
- Waterfront
- Central Air
- Rehoboth Elementary School Rated A
- Community Pool
- Laundry Facilities
About This Home
As of October 2019OCEANFRONT CONDO! Spectacular views from this studio unit in Edgewater House. Walk out of the building onto Rehoboth Beach's famous boardwalk and beach, or relax by the community pool. Recent renovations make this unit a "best buy." Kitchen has granite counters, new flooring throughout the unit and being sold with new furnishings. A complete turn-key unit with a great rental history.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices PenFed Realty License #RB-0002872 Listed on: 05/22/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $802
Year Built
- Built in 1966
HOA Fees
- $522 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Studio
- Flat Roof Shape
Interior Spaces
- 1 Full Bathroom
- 540 Sq Ft Home
- Property has 3 Levels
Kitchen
- Electric Oven or Range
- Dishwasher
Flooring
- Carpet
- Laminate
Outdoor Features
- Water Oriented
- Property is near an ocean
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Municipal Trash
Additional Features
- Waterfront
- Flood Risk
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-14.14-23.00-207
Community Details
Overview
- Association fees include common area maintenance
- Mid-Rise Condominium
- Edgewater House Condos, Phone Number (302) 227-3090
- Edgewater House Community
- North Rehoboth Subdivision
Amenities
- Laundry Facilities
Recreation
- Community Pool
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2019
Closed on
Oct 24, 2019
Sold by
Joseph William A and Joseph Melissa M
Bought by
Leonard James and Rapp Pamela
Seller's Agent
Andrew Ratner
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$362,500
Sold Price
$347,000
Premium/Discount to List
-$15,500
-4.28%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,475
Avg. Annual Appreciation
14.49%
Original Mortgage
$277,600
Outstanding Balance
$245,795
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$502,680
Purchase Details
Listed on
Jan 27, 2017
Closed on
Jun 2, 2017
Sold by
Doris R Rogers Rev Trust Dated July 28 2
Bought by
Joseph Melissa M and Joseph William A
Seller's Agent
Babs Morales
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Babs Morales
Berkshire Hathaway HomeServices PenFed Realty
List Price
$345,000
Sold Price
$315,000
Premium/Discount to List
-$30,000
-8.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Purchase Details
Closed on
Aug 1, 2011
Bought by
Rogers Doris R (Trustee)
Similar Homes in Rehoboth Beach, DE
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leonard James | $347,000 | -- | |
| Joseph Melissa M | $630,000 | None Available | |
| Rogers Doris R (Trustee) | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leonard James | $277,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2019 10/25/19 | Sold | $347,000 | -2.9% | $643 / Sq Ft |
| 09/06/2019 09/06/19 | Pending | -- | -- | -- |
| 07/30/2019 07/30/19 | Price Changed | $357,500 | -1.4% | $662 / Sq Ft |
| 05/22/2019 05/22/19 | For Sale | $362,500 | +15.1% | $671 / Sq Ft |
| 06/02/2017 06/02/17 | Sold | $315,000 | -8.7% | $583 / Sq Ft |
| 05/06/2017 05/06/17 | Pending | -- | -- | -- |
| 01/27/2017 01/27/17 | For Sale | $345,000 | -- | $639 / 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 | $715 | $12,050 | $0 | $12,050 |
| 2023 | $714 | $12,050 | $0 | $12,050 |
| 2022 | $689 | $12,050 | $0 | $12,050 |
| 2021 | $683 | $12,050 | $0 | $12,050 |
| 2020 | $681 | $12,050 | $0 | $12,050 |
| 2019 | $682 | $12,050 | $0 | $12,050 |
| 2018 | $637 | $14,500 | $0 | $0 |
| 2017 | $610 | $14,500 | $0 | $0 |
| 2016 | $579 | $14,500 | $0 | $0 |
| 2015 | $553 | $14,500 | $0 | $0 |
| 2014 | $549 | $14,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Ratner
Seller's Agent in 2019
Andrew Ratner
BHHS PenFed (actual)
(302) 745-9659
2 in this area
15 Total Sales
-
Babs Morales
Seller Co-Listing Agent in 2019
Babs Morales
BHHS PenFed (actual)
(302) 841-0797
40 in this area
63 Total Sales
-
DEBBIE REED
Buyer's Agent in 2019
DEBBIE REED
RE/MAX
(302) 227-3818
296 in this area
887 Total Sales
-
SANDRA JEFFERSON
S
Buyer Co-Listing Agent in 2019
SANDRA JEFFERSON
RE/MAX
(302) 226-2277
2 in this area
6 Total Sales
About Edgewater House
Map
Source: Bright MLS
MLS Number: DESU139224
APN: 334-14.14-23.00-207
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