NOT LISTED FOR SALE

20332 State Rd Unit 7 Rehoboth Beach, DE 19971

Estimated Value: $571,364 - $702,000

3 Beds
2.5 Baths
1,800 Sq Ft
$356/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $402,900 $224 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,704/month

Highlights

  • Outdoor Shower
  • Central Heating and Cooling System
  • Wood Siding
  • Rehoboth Elementary School Rated A
  • Ceiling Fan
  • Wood Burning Fireplace

About This Home

As of January 2021

This 3 bedroom 2 1/2 bath townhome is priced to sell and is on the border of downtown Rehoboth Beach! You are in walking distance to restaurants, retail establishments and the boardwalk in downtown RB. This small 8 unit townhome community is in a lovingly maintained private wooded setting. You will love this as your vacation home or you can take advantage of the great rental income in this very desirable location. This is the best priced townhouse in town and the condo fees are the lowest of any comparable property in town. Don't wait, come and tour this property today!

Last Agent to Sell the Property

PATRICIA COLUZZI

(302) 249-7878 pat.coluzzi@oasir.net Monument Sotheby's International Realty License #RS-0022283 Listed on: 12/05/2020

Monument Sotheby's International Realty

Last Buyer's Agent

PATRICIA COLUZZI

(302) 249-7878 pat.coluzzi@oasir.net Monument Sotheby's International Realty License #RS-0022283 Listed on: 12/05/2020

Monument Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,106

Lot Details

  • 3,223

HOA Fees

  • $183 Monthly HOA Fees

Home Design

  • Side-by-Side
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

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

Pool

  • Outdoor Shower

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-19.08-146.00-7

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, lawn maintenance, reserve funds, trash
  • Leeward Crest Subdivision

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,106

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Side-By-Side
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: Furniture negotiable.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-12-05
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: This 3 bedroom 2 1/2 bath townhome is priced to sell and is on the border of downtown Rehoboth Beach! You are in walking distance to restaurants, retail establishments and the boardwalk in downtown RB. This small 8 unit townhome community is in a lovingly maintained private wooded setting. You will love this as your vacation home or you can take advantage of the great rental income in this very desirable location. This is the best priced townhouse in town and the condo fees are the lowest of any comparable property in town. Don't wait, come and tour this property today!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 216.67
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20332

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Wood Siding
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • 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: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1100.00
  • Condo Co-Op Fee Frequency: Semi-Annually
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Lawn Maintenance, Reserve Funds, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5201471
  • School Tax: 1001.00
  • Tax Annual Amount: 1106.00
  • Assessor Parcel Number: 334-19.08-146.00-7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/22/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2020
Closed on
Jan 21, 2021
Sold by
Rottiers A John A and Rottiers Mary E
Bought by
Bernard Peter J and Bernard Wendy S
Seller's Agent
PATRICIA COLUZZI
Monument Sotheby's International Realty
Buyer's Agent
PATRICIA COLUZZI
Monument Sotheby's International Realty
List Price
$390,000
Sold Price
$402,900
Premium/Discount to List
$12,900
3.31%
Current Estimated Value
$641,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,691
Avg. Annual Appreciation
10.45%
Original Mortgage
$322,320
Outstanding Balance
$287,779
Interest Rate
2.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$353,812

Purchase Details

Closed on
May 15, 1992
Bought by
Rottiers Rottiers A and Rottiers Mary C
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
Bernard Peter J $402,900 None Available
Rottiers Rottiers A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernard Peter J $322,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $402,900 +3.3% $224 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
12/05/2020 12/05/20 For Sale $390,000 -- $217 / 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 $1,429 $23,550 $0 $23,550
2024 $1,694 $23,550 $0 $23,550
2023 $1,693 $23,550 $0 $23,550
2022 $1,645 $23,550 $0 $23,550
2021 $1,632 $23,550 $0 $23,550
2020 $1,627 $23,550 $0 $23,550
2019 $1,608 $23,550 $0 $23,550
2018 $1,225 $27,900 $0 $0
2017 $1,173 $27,900 $0 $0
2016 $1,143 $27,900 $0 $0
2015 $1,093 $27,900 $0 $0
2014 $1,085 $27,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU174200

Bright MLS

APN: 334-19.08-146.00-7