NOT LISTED FOR SALE

Edgewater House 2 Virginia Ave Unit 219 Rehoboth Beach, DE 19971

Estimated Value: $664,068 - $999,000

1 Bed
1 Bath
998 Sq Ft
$548/mo HOA Fee

Last Sold July 31, 2012

Last sale price $515,000 $516 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,362/month

559 Days on Market

Highlights

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

About This Home

As of July 2012

In TODAY'S oceanfront marketplace this apt is one of the BEST. Simply beautiful - views too from 3rd floor direct oceanfront! Accommodates 4 people includes Queen Murphy Bed. RB'S OCEANFRONT BEST BUY! OWNER SAYS SELL - WE SAY BUY! Sea it Today

Last Agent to Sell the Property

TIMOTHY GROVES

GROVES REAL ESTATE Listed on: 10/24/2010

Co-Listed By

SIDNEY GROVES

GROVES REAL ESTATE

Last Buyer's Agent

SIDNEY GROVES

GROVES REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $912

Year Built

  • Built in 1966

Lot Details

  • Waterfront
  • Property is Fully Fenced
  • Landscaped
  • Sprinkler System

HOA Fees

  • $548 Monthly HOA Fees

Home Design

  • Rubber Roof
  • Piling Construction
  • Masonry
  • Stucco

Interior Spaces

  • 998 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Living Room
  • Dining Room
  • Intercom
  • Laundry Room

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • Covered Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Bulkhead
  • Balcony
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Geothermal Heating and Cooling
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Grab Bars
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.14-23.00-210

Community Details

Overview

  • Low-Rise Condominium
  • Edgewater House Community

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Additional Features

  • Trash Expense $255
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$912

Year Built

Built in 1966

Lot Details

0

HOA Fees

$548 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Grab Bars Mod
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dishwasher, Disposal, Intercom, Microwave, Oven/Range - Electric, Oven - Self Cleaning, Refrigerator, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet, Tile/Brick, Vinyl
  • Interior Amenities: Intercom, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Pilings
  • Floors In Unit Count: 1
  • Level Count: 6
  • Levels Count: 3+
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry
  • Basement: Yes
  • Basement Type: Interior Access, Partial
  • Living Area Units: Square Feet
  • Total Sq Ft: 998
  • Living Area Sq Ft: 998
  • Net Sq Ft: 998.00
  • Price Per Sq Ft: 561.12
  • Above Grade Finished Sq Ft: 998
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Concrete, Stucco
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Pool Features: In Ground
  • Roof: Rubber
  • 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
  • Parking Features: Assigned, Under Home Parking
  • Garage Features: Covered Parking

Utilities

  • Refuse: 255.00
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Geo-Thermal
  • Heating Type: Geothermal, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6576.00
  • HOA Condo Co-Op Amenities: Cable, Elevator, Laundry Facilities, Reserved/Assigned Parking, Swimming Pool, Pool - Outdoor, Security
  • HOA: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Fencing: Fully
  • Lot Features: Bulkheaded, Landscaping
  • Outdoor Living Structures: Balcony, Patio(s)
  • In City Limits: Yes

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5196109
  • Tax Annual Amount: 912.00
  • Assessor Parcel Number: 334-14.14-23.00-210
  • County Tax Payment Frequency: Annually
  • Close Date: 07/31/2012

Multi Family

  • Income Expense List: Total Tax Bill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2023
Sold by
Baker Charles H and Baker Sharon H
Bought by
Charles Hugh Baker And Sharon Hope Baker Irre
Total Days on Market
559
Current Estimated Value
$858,517

Purchase Details

Listed on
Oct 24, 2010
Closed on
Aug 10, 2012
Sold by
Geraldine M Geraldine M
Bought by
Baker Charles H and Baker Sharon H
Seller's Agent
TIMOTHY GROVES
GROVES REAL ESTATE
Buyer's Agent
SIDNEY GROVES
GROVES REAL ESTATE
List Price
$515,000
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Original Mortgage
$360,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

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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
Charles Hugh Baker And Sharon Hope Baker Irre -- None Listed On Document
Baker Charles H $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Charles H $360,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2012 07/31/12 Sold $515,000 0.0% $516 / Sq Ft
05/05/2012 05/05/12 Pending -- -- --
10/24/2010 10/24/10 For Sale $515,000 -- $516 / 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 $598 $16,750 $0 $16,750
2023 $597 $16,750 $0 $16,750
2022 $567 $16,750 $0 $16,750
2021 $565 $16,750 $0 $16,750
2020 $562 $16,750 $0 $16,750
2019 $564 $16,750 $0 $16,750
2018 $523 $20,500 $0 $0
2017 $504 $20,500 $0 $0
2016 $490 $20,500 $0 $0
2015 $782 $20,500 $0 $0
2014 $777 $20,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000956504

Bright MLS

APN: 334-14.14-23.00-219