Seller's Agent in 2022
Mary Jo Cole
Keller Williams Realty
(443) 615-4986
3 in this area
127 Total Sales
Edgewater House 2 Virginia Ave Unit 521 Rehoboth Beach, DE 19971
Estimated Value: $729,836 - $921,000
--
Bed
1
Bath
--
Sq Ft
$705/mo
HOA Fee
Highlights
- 300 Feet of Waterfront
- Ocean View
- Public Water Access
- Rehoboth Elementary School Rated A
- Sandy Beach
- Contemporary Architecture
About This Home
As of March 2022Truly a Beachfront/Boardwalk Gem! Don't miss this rarely available OCEAN FRONT SOUTHERN CORNER UNIT Condo! One of the best views in Rehoboth Beach. This Meticulously maintained studio retreat is the perfect beach condo that you've been waiting for. Enjoy your morning coffee with these great ocean views from your private balcony with early morning sunrises that will take your breathe away!
Features: Newly updated sliding glass door, hurricane shutters, 2018 HVAC and Vents, freshly painted, premium assigned garage parking, SPECTACULAR VIEWS OF THE ATLANTIC OCEAN and much more! .. Condo dues also include onsite pool, water, sewer, WiFi and flood insurance, HVAC maintenance.
Enjoy walking the Iconic Rehoboth boardwalk, close to Shopping, Dining and Entertainment!
Last Agent to Sell the Property
(443) 615-4986 maryjo516@yahoo.com Keller Williams Realty License #RS0024856 Listed on: 02/25/2022
Last Buyer's Agent
(302) 381-1071 kimhitchens@reinrb.com Dave McCarthy & Associates, Inc. License #RS-0014663
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,601
Year Built
- Built in 1966
Lot Details
- 300 Feet of Waterfront
- Ocean Front
- Home fronts navigable water
- Sandy Beach
- Public Beach
HOA Fees
- $705 Monthly HOA Fees
Parking
- Assigned Parking Garage Space
- Oversized Parking
- On-Street Parking
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Flat Roof Shape
- Masonry
Interior Spaces
- Property has 1 Level
- Furnished
- Sliding Doors
- Living Room
Kitchen
- Eat-In Kitchen
- Stove
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Outdoor Features
- Public Water Access
- Property is near an ocean
- Balcony
Location
- Flood Risk
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-14.14-23.00-521
Community Details
Overview
- Association fees include common area maintenance
- 1 Elevator
- Mid-Rise Condominium
- Edgewater House Condo
- Edgewater House Community
- Property Manager
Amenities
- Laundry Facilities
Recreation
- Community Pool
Pet Policy
- Limit on the number of pets
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2022
Closed on
Mar 31, 2022
Sold by
Caracciolo Anthony J
Bought by
Webster Adrienne and Finch James Peter
Seller's Agent
Mary Jo Cole
Keller Williams Realty
Buyer's Agent
Kim Hitchens
Dave McCarthy & Associates, Inc.
List Price
$589,000
Sold Price
$598,000
Premium/Discount to List
$9,000
1.53%
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
$220,959
Avg. Annual Appreciation
9.40%
Original Mortgage
$448,500
Outstanding Balance
$393,998
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$424,961
Purchase Details
Closed on
Jan 23, 2012
Bought by
Caracciolo Anthony J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,079
Interest Rate
4.4%
Purchase Details
Closed on
Dec 24, 2010
Bought by
Caracciolo Anthony J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,079
Interest Rate
4.4%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Webster Adrienne | $598,000 | Tunnell & Raysor Pa | |
| Caracciolo Anthony J | -- | -- | |
| Caracciolo Anthony J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Webster Adrienne | $448,500 | |
| Previous Owner | Caracciolo Anthony J | $346,079 | |
| Previous Owner | Caracciolo Anthony J | $346,079 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2022 03/31/22 | Sold | $598,000 | +1.5% | -- |
| 02/25/2022 02/25/22 | For Sale | $589,000 | -- | -- |
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 |
|---|---|---|---|---|
| 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
-
Mary Jo Cole
-
Kim Hitchens
Buyer's Agent in 2022
Kim Hitchens
Dave McCarthy & Associates, Inc.
(302) 381-1071
29 in this area
98 Total Sales
About Edgewater House
Map
Source: Bright MLS
MLS Number: DESU2016152
APN: 334-14.14-23.00-521
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