NOT LISTED FOR SALE

Edgewater House 2 Virginia Ave Unit 215 Rehoboth Beach, DE 19971

Estimated Value: $788,567 - $940,000

1 Bed
1 Bath
998 Sq Ft
$577/mo HOA Fee

Last Sold November 17, 2016

Last sale price $545,000 $546 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,395/month

Highlights

  • Ocean View
  • In Ground Pool
  • Furnished
  • Rehoboth Elementary School Rated A
  • Waterfront
  • Elevator

About This Home

As of November 2016

Beautiful sunrises in this direct, unobstructed oceanfront condo. Remodeled with high end finishes which include solid wood maple cabinets, grade A granite counter tops/back splash and ceramic plank tiles. This turn key condo comes tastefully furnished and is one of the best rentals in the building. Management on site will take care of all your rental needs. Steps to the beach or use the community pool. Park your car in your reserved spot and walk to all restaurants and shops.

Last Agent to Sell the Property

Joann Glussich

(302) 703-7033 joannglussich@kw.com Keller Williams Realty License #RS-0021140 Listed on: 08/24/2016

Keller Williams Realty

Last Buyer's Agent

Jeff McCracken

(202) 369-0555 jeffmcen@gmail.com McWilliams/Ballard Inc. License #RS-0018736

McWilliams/Ballard Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $973

Year Built

  • Built in 1966

Lot Details

  • Waterfront

HOA Fees

  • $577 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Piling Construction
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 998 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Window Treatments
  • Tile or Brick Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space Included
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Water Access
  • Property is near an ocean
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.14-23.00-215

Community Details

Overview

  • High-Rise Condominium
  • Edgewater House Community
  • North Rehoboth Subdivision

Amenities

  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$973

Year Built

Built in 1966

Lot Details

0

HOA Fees

$577 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1966
  • Remarks Public: Beautiful sunrises in this direct, unobstructed oceanfront condo. Remodeled with high end finishes which include solid wood maple cabinets, grade A granite counter tops/back splash and ceramic plank tiles. This turn key condo comes tastefully furnished and is one of the best rentals in the building. Management on site will take care of all your rental needs. Steps to the beach or use the community pool. Park your car in your reserved spot and walk to all restaurants and shops.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 215
  • Flooring Type: Tile/Brick
  • Interior Amenities: Window Treatments
  • Fireplace: No
  • Foundation Details: Pilings
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 998
  • Living Area Sq Ft: 998
  • Net Sq Ft: 998.00
  • Price Per Sq Ft: 561.02
  • Above Grade Finished Sq Ft: 998
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Composition
  • Construction Completed: Yes
  • Pool Features: In Ground
  • Roof: Flat
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Assigned
  • Number Of Parking Spaces Included: 1-Car Parking

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6920.00
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Pool - Outdoor, Swimming Pool
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5196114
  • Tax Annual Amount: 973.00
  • Assessor Parcel Number: 334-14.14-23.00-215
  • County Tax Payment Frequency: Annually
  • Close Date: 11/17/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
David Edwin Messina Revocable Trust and Messina Stephanie Leigh
Bought by
Messina Adam David
Current Estimated Value
$878,392

Purchase Details

Listed on
Aug 24, 2016
Closed on
Nov 18, 2016
Sold by
Mitchell Michael and Neuts Thomas A
Bought by
David Edwin Messina Revocable Trust
Seller's Agent
Joann Glussich
Keller Williams Realty
Buyer's Agent
Jeff McCracken
McWilliams/Ballard Inc.
List Price
$559,900
Sold Price
$545,000
Premium/Discount to List
-$14,900
-2.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Messina Adam David -- None Listed On Document
David Edwin Messina Revocable Trust $545,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2016 11/17/16 Sold $545,000 -2.7% $546 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $559,900 +17.9% $561 / Sq Ft
01/17/2013 01/17/13 Sold $475,000 0.0% $476 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
05/26/2012 05/26/12 For Sale $475,000 -- $476 / 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
2025 $1,935 $16,750 $0 $16,750
2024 $1,010 $16,750 $0 $16,750
2023 $1,010 $16,750 $0 $16,750
2022 $974 $16,750 $0 $16,750
2021 $965 $16,750 $0 $16,750
2020 $676 $16,750 $0 $16,750
2019 $964 $16,750 $0 $16,750
2018 $900 $20,500 $0 $0
2017 $862 $20,500 $0 $0
2016 $819 $20,500 $0 $0
2015 $782 $20,500 $0 $0
2014 $777 $20,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joann Glussich

    Seller's Agent in 2016

    Joann Glussich

    Keller Williams Realty

    (302) 703-7033

    16 in this area

    62 Total Sales

    Joann Glussich
    Section Image

  • J

    Buyer's Agent in 2016

    Jeff McCracken

    McWilliams/Ballard Inc.

    (202) 369-0555

    14 in this area

    18 Total Sales

    Jeff McCracken
    Section Image

  • T

    Seller's Agent in 2013

    TIMOTHY GROVES

    GROVES REAL ESTATE

  • S

    Seller Co-Listing Agent in 2013

    SIDNEY GROVES

    GROVES REAL ESTATE

See All Agents

About Edgewater House

Map

Source: Bright MLS

MLS Number: 1001020706

Bright MLS

APN: 334-14.14-23.00-215

Delaware Sussex County Rehoboth Beach 19971

2 Virginia Ave Unit 215, Rehoboth Beach, DE

This home is located at 2 Virginia Ave Unit 215, Rehoboth Beach, DE 19971 since 24 August 2016 and is currently estimated at $878,392, approximately $880 per square foot. This property was built in 1966. 2 Virginia Ave Unit 215 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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