NOT LISTED FOR SALE

Edgewater House 2 Virginia Ave Unit 504 Rehoboth Beach, DE 19971

Estimated Value: $712,583 - $809,000

-- Bed
1 Bath
540 Sq Ft
1966 Built

Last Sold March 14, 2014

Last sale price $360,000 $667 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $4,173/month

555 Days on Market

Highlights

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

About This Home

As of March 2014

Panoramic Views of Ocean, Beach and Boardwalk from this 5th floor Studio. Major bldg renovations over past 6 years. Vacant ready for you to move right in. DIRECT OCEANFRONT. Park under the bldg and walk to everything in town. Murphy bed and built ins for easy living. Hurricane shutters for safety

Last Agent to Sell the Property

Shirley Kalvinsky

(302) 227-3883 shirley@jacklingo.com Jack Lingo - Rehoboth License #RA0001681 Listed on: 07/31/2012

Jack Lingo - Rehoboth

Co-Listed By

Randy Mason

(302) 236-1142 randy@jacklingo.com Jack Lingo - Rehoboth License #RA-0003542

Last Buyer's Agent

Shirley Kalvinsky

(302) 227-3883 shirley@jacklingo.com Jack Lingo - Rehoboth License #RA0001681 Listed on: 07/31/2012

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $672

Year Built

  • Built in 1966

Lot Details

  • Waterfront

Parking

  • Assigned Parking

Home Design

  • Entry on the 5th floor
  • Flat Roof Shape
  • Rubber Roof
  • Piling Construction
  • Masonry
  • Stucco

Interior Spaces

  • 1 Full Bathroom
  • 540 Sq Ft Home
  • Property has 3 Levels
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Living Room
  • Dining Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick
  • Vinyl

Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

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

Utilities

  • Heat Pump System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-14.14-23.00-504

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • Edgewater House Community
  • North Rehoboth Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Building Details

  • Trash Expense $230

Property Details

Home Type

Condominium

Est. Annual Taxes

$672

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Year Built: 1966
  • Remarks Public: Panoramic Views of Ocean, Beach and Boardwalk from this 5th floor Studio. Major bldg renovations over past 6 years. Vacant ready for you to move right in. DIRECT OCEANFRONT. Park under the bldg and walk to everything in town. Murphy bed and built ins for easy living. Hurricane shutters for safety
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Entry Floor: 5
  • Flooring Type: Carpet, Tile/Brick, Vinyl
  • 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: 3
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: Yes
  • Basement Type: Interior Access, Partial
  • Living Area Units: Square Feet
  • Total Sq Ft: 540
  • Living Area Sq Ft: 540
  • Net Sq Ft: 540.00
  • Price Per Sq Ft: 737.04
  • Above Grade Finished Sq Ft: 540
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Concrete, Stucco
  • Construction Completed: Yes
  • Pool Features: In Ground
  • Roof: Flat, 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, Paved Driveway, Under Home Parking

Utilities

  • Refuse: 230.00
  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4680.00
  • HOA Condo Co-Op Amenities: Cable, Elevator, Laundry Facilities, Reserved/Assigned Parking, Swimming Pool, Pool - Outdoor
  • HOA: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Outdoor Living Structures: Balcony
  • In City Limits: Yes

Building Info

  • Building Features: Elevator

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 672.00
  • Assessor Parcel Number: 334-14.14-23.00-504
  • County Tax Payment Frequency: Annually
  • Close Date: 03/14/2014

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2012
Closed on
Mar 18, 2014
Sold by
Jesse A Jesse A and Finkelstein Elizabeth B
Bought by
Schwartz Roger
Seller's Agent
Shirley Kalvinsky
Jack Lingo - Rehoboth
Buyer's Agent
Shirley Kalvinsky
Jack Lingo - Rehoboth
List Price
$360,000
Sold Price
$360,000
Current Estimated Value
$765,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,646
Avg. Annual Appreciation
6.87%
Source: Public Records

Range of Values:

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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
Schwartz Roger $360,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2014 03/14/14 Sold $360,000 0.0% $667 / Sq Ft
02/06/2014 02/06/14 Pending -- -- --
07/31/2012 07/31/12 For Sale $360,000 -- $667 / 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 $1,364 $12,400 $0 $12,400
2024 $739 $12,400 $0 $12,400
2023 $739 $12,400 $0 $12,400
2022 $713 $12,400 $0 $12,400
2021 $706 $12,400 $0 $12,400
2020 $704 $12,400 $0 $12,400
2019 $705 $12,400 $0 $12,400
2018 $659 $15,000 $0 $0
2017 $631 $15,000 $0 $0
2016 $599 $15,000 $0 $0
2015 $573 $15,000 $0 $0
2014 $568 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shirley Kalvinsky

    Seller's Agent in 2014

    Shirley Kalvinsky

    Jack Lingo - Rehoboth

    (302) 227-3883

    36 in this area

    76 Total Sales

    Shirley Kalvinsky
    Section Image
  • Randy Mason

    Seller Co-Listing Agent in 2014

    Randy Mason

    Jack Lingo - Rehoboth

    (302) 236-1142

    80 in this area

    108 Total Sales

    Randy Mason
    Section Image
See All Agents

About Edgewater House

Map

Source: Bright MLS

MLS Number: 1000967766

Bright MLS

APN: 334-14.14-23.00-504

Delaware Sussex County Rehoboth Beach 19971

2 Virginia Ave Unit 504, Rehoboth Beach, DE

This home is located at 2 Virginia Ave Unit 504, Rehoboth Beach, DE 19971 since 31 July 2012 and is currently estimated at $765,646, approximately $1,417 per square foot. This property was built in 1966. 2 Virginia Ave Unit 504 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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