NOT LISTED FOR SALE

20294 State Rd Unit 10 Rehoboth Beach, DE 19971

Estimated Value: $482,664 - $707,000

3 Beds
1.5 Baths
1,082 Sq Ft
$568/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $522,000 $482 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,590/month

1 Day on Market

Highlights

  • Water Oriented
  • 1.23 Acre Lot
  • Traditional Architecture
  • Rehoboth Elementary School Rated A
  • Traditional Floor Plan
  • Backs to Trees or Woods

About This Home

As of February 2022

End Unit- Victoria Square
Walk to town from this end unit townhouse in desirable Victoria Square, Rehoboth Beach! Never rented, furnished and perfect for a beach retreat and/or an investment property, offering 3 bedrooms, 1.5 baths, vaulted ceilings, private rear patio, and ample storage. Great location for arrival and exiting the beach area without parking hang issues. Stroll to beach, premier shops, fine restaurants, all minutes from Victoria Square! Move in today and enjoy Rehoboth Beach's year round events-there is so much to do within the proximity of this great location.
This small complex is charming and very well managed in a mature setting, east of highway one: shady park area, bicycle storage, private outdoor shower for each unit, and income producing potential (many owners successfully rent units).
Condo. fee covers water & sewer and common exterior grounds. This unit could use a little cosmetic updating, (carpet and paint) but has great 'bones.'

Last Agent to Sell the Property

Tracy Kelley

(302) 227-3883 tracy@jacklingo.com Jack Lingo - Rehoboth License #RA-0031023 Listed on: 01/20/2022

Jack Lingo - Rehoboth

Last Buyer's Agent

Molly Bayard

(302) 381-0839 mbayard929@gmail.com Jack Lingo - Rehoboth License #RS-0022070

Jack Lingo - Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $968

Year Built

  • Built in 1984

Lot Details

  • Partially Fenced Property
  • Backs to Trees or Woods
  • Property is in good condition

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Victorian Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 1,082 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Furnished
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Kitchen in Efficiency Studio
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Stacked Electric Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Assigned Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Patio
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-19.08-152.00-10

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, management
  • Victoria Square Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$968

Year Built

Built in 1984

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Victorian, Traditional
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: Furniture
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Remarks Public: End Unit- Victoria Square Walk to town from this end unit townhouse in desirable Victoria Square, Rehoboth Beach! Never rented, furnished and perfect for a beach retreat and/or an investment property, offering 3 bedrooms, 1.5 baths, vaulted ceilings, private rear patio, and ample storage. Great location for arrival and exiting the beach area without parking hang issues. Stroll to beach, premier shops, fine restaurants, all minutes from Victoria Square! Move in today and enjoy Rehoboth Beach's year round events-there is so much to do within the proximity of this great location. This small complex is charming and very well managed in a mature setting, east of highway one: shady park area, bicycle storage, private outdoor shower for each unit, and income producing potential (many owners successfully rent units). Condo. fee covers water & sewer and common exterior grounds. This unit could use a little cosmetic updating, (carpet and paint) but has great 'bones.'
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Breakfast Area, Carpet, Combination Dining/Living, Floor Plan - Traditional, Kitchen - Efficiency, Pantry, Bathroom - Tub Shower, Window Treatments
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer
  • Basement: No
  • Laundry Type: Upper Floor, Has Laundry
  • Total Sq Ft: 1082
  • Living Area Sq Ft: 1082
  • Price Per Sq Ft: 479.67
  • Above Grade Finished Sq Ft: 1082
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20294

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Street
  • Water Access: No
  • Water Body Name: Rehoboth Beach
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable, Broadband

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 650.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Common Grounds, Picnic Area, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Management
  • HOA: No
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Fencing: Partially
  • Land Use Code: RC
  • Lot Features: Backs To Trees
  • Lot Size Acres: 1.23
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 53579.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 876.00
  • Tax Annual Amount: 968.00
  • Assessor Parcel Number: 334-19.08-152.00-10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/18/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Feb 18, 2022
Sold by
Brahms Thomas Walter and Brahms Sara
Bought by
Keeling John Michael and Keeling Alexandra Helena
Seller's Agent
Tracy Kelley
Jack Lingo - Rehoboth
Buyer's Agent
Molly Bayard
Jack Lingo - Rehoboth
List Price
$519,000
Sold Price
$522,000
Premium/Discount to List
$3,000
0.58%
Current Estimated Value
$614,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,416
Avg. Annual Appreciation
3.79%
Source: Public Records

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
Keeling John Michael $522,000 Hudson Jones Jaywork & Fisher
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $522,000 +0.6% $482 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $519,000 -- $480 / 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 $1,395 $17,750 $0 $17,750
2024 $1,331 $17,750 $0 $17,750
2023 $1,331 $17,750 $0 $17,750
2022 $1,295 $17,750 $0 $17,750
2021 $886 $17,750 $0 $17,750
2020 $882 $17,750 $0 $17,750
2019 $862 $17,750 $0 $17,750
2018 $525 $20,550 $0 $0
2017 $506 $20,550 $0 $0
2016 $499 $20,550 $0 $0
2015 $480 $20,550 $0 $0
2014 $471 $20,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2013956

Bright MLS

APN: 334-19.08-0152.00- 10