Edgewater House 2 Virginia Ave Unit 525 Rehoboth Beach, DE 19971
2
Beds
2
Baths
1,375
Sq Ft
1966
Built
Highlights
- Ocean View
- In Ground Pool
- Main Floor Bedroom
- Rehoboth Elementary School Rated A
- Waterfront
- Furnished
About This Home
As of August 2018Incredible oceanfront view from this 2BR/2BA multilevel condo in Edgewater House. An excellent investment opportunity or keep as your private beach escape. Recent upgrades to the balcony & plumbing systems. Building has full-time resident manager.
Last Agent to Sell the Property
Mann & Sons, Inc. License #RB-0020454 Listed on: 05/22/2015
Last Buyer's Agent
Kevin Willner
JOE MAGGIO REALTY
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,242
Year Built
- Built in 1966
Lot Details
- Waterfront
- Property is Fully Fenced
- Landscaped
- Sprinkler System
Home Design
- Flat Roof Shape
- Rubber Roof
- Piling Construction
- Masonry
- Stucco
Interior Spaces
- 1,375 Sq Ft Home
- Property has 2 Levels
- Furnished
- Ceiling Fan
- Insulated Windows
- Window Treatments
- Insulated Doors
- Living Room
- Dining Room
- Laundry Room
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Parking
- 1 Parking Space Included
- Shared Driveway
- Assigned Parking
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Water Access
- Property is near an ocean
- Bulkhead
- Patio
Location
- Flood Risk
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-14.14-23.00-525
Community Details
Overview
- Property has a Home Owners Association
- Low-Rise Condominium
- Edgewater House Community
- North Rehoboth Subdivision
Amenities
- Laundry Facilities
- Elevator
Recreation
- Community Pool
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2018
Closed on
Sep 21, 2018
Sold by
Asuncion Frederick and Nugent Irvine
Bought by
James N Proakis T
Seller's Agent
ERIN S LEE
Keller Williams Realty
Buyer's Agent
JEANNE COPPOLA
Long & Foster Real Estate, Inc.
List Price
$624,900
Sold Price
$621,500
Premium/Discount to List
-$3,400
-0.54%
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
$260,465
Avg. Annual Appreciation
5.15%
Original Mortgage
$453,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 1999
Bought by
Wood Elizabeth B (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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $621,500 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $453,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2018 08/23/18 | For Sale | $624,900 | +0.5% | $454 / Sq Ft |
| 08/08/2018 08/08/18 | Sold | $621,500 | -0.5% | $452 / Sq Ft |
| 06/26/2018 06/26/18 | Pending | -- | -- | -- |
| 05/14/2018 05/14/18 | For Sale | $624,900 | +9.4% | $454 / Sq Ft |
| 12/17/2015 12/17/15 | Sold | $571,000 | -23.8% | $415 / Sq Ft |
| 12/01/2015 12/01/15 | Pending | -- | -- | -- |
| 05/22/2015 05/22/15 | For Sale | $749,000 | -- | $545 / 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 | $1,282 | $21,150 | $0 | $21,150 |
| 2023 | $1,280 | $21,150 | $0 | $21,150 |
| 2022 | $1,236 | $21,150 | $0 | $21,150 |
| 2021 | $1,224 | $21,150 | $0 | $21,150 |
| 2020 | $1,221 | $21,150 | $0 | $21,150 |
| 2019 | $1,222 | $21,150 | $0 | $21,150 |
| 2018 | $1,142 | $26,000 | $0 | $0 |
| 2017 | $1,093 | $26,000 | $0 | $0 |
| 2016 | $1,039 | $26,000 | $0 | $0 |
| 2015 | $992 | $26,000 | $0 | $0 |
| 2014 | $985 | $26,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
ERIN S LEE
Seller's Agent in 2018
ERIN S LEE
Keller Williams Realty
(302) 470-0281
55 in this area
362 Total Sales
-
JEANNE COPPOLA
Buyer's Agent in 2018
JEANNE COPPOLA
Long & Foster
(302) 362-2222
1 in this area
2 Total Sales
-
Bill Mann
Seller's Agent in 2015
Bill Mann
Mann & Sons, Inc.
(302) 542-1696
2 in this area
5 Total Sales
-
K
Buyer's Agent in 2015
Kevin Willner
JOE MAGGIO REALTY
About Edgewater House
Map
Source: Bright MLS
MLS Number: 1001006370
APN: 334-14.14-23.00-525
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