NOT LISTED FOR SALE

20356 Blue Point Dr Unit 1101 Rehoboth Beach, DE 19971

Estimated Value: $677,988

4 Beds
3.5 Baths
2,665 Sq Ft
$475/mo HOA Fee

Last Sold July 08, 2021

Last sale price $500,000 $188 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,382/month

4 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Eat-In Gourmet Kitchen
  • Canal View

About This Home

As of July 2021

Boasting breathtaking views of the Lewes-Rehoboth Canal and just a short drive to Delaware beaches, local restaurants, tax free shopping and ample recreational options, this 4 bedroom 3.5 bathroom condo offers the best of coastal living in a prime, waterfront location. Whether you're looking to explore the town's many parks, trails and beaches or experience the nightlife in Dewey Beach, there is always something to do in this beach town! Blue Point Villas is a quiet, lesiurely community offering maintainence free, luxurious living in one of the most desirable zip codes on the Eastern Shore. Spend your summers meeting friends at the community pool or watch the boats pass through the canal from your waterfront balcony. Upon entry, you're welcomed into the foyer with chocolate-colored bamboo flooring flowing into the open concept living, kitchen and dining area. A custom, floor to ceiling, stone fireplace with a driftwood mantel adds the perfect amount of warmth into the home and will quickly become your favorite spot to relax during the colder months! Let the luxury, gourmet kitchen inspire your inner chef as it highlights ravishing granite countertops, soft close cabinets, tile backsplash, recessed lighting, USB ports throughout and stainless steel appliances including an induction cooktop, built in microwave and side by side refrigerator. Equipped with two master suites, both with walk in closets and en suite bathroom, there is plenty of space for you and your guests to have your privacy, when desired! Two additional bedrooms and another full bathroom allow room for all your loved ones. Better yet, this property was recently updated to include fresh paint and new baseboards throughout, a new dual 50 gallon hot water heater, modern light fixtures, remote controlled ceiling fans, new door handles and hinges as well as a wifi keyboard enabled Schlage deadbolt on the front door. Whether you're looking for a beach get-a-way or your own vacation rental, this property has been meticulously cared for and is priced to sell - schedule your private tour today to check out this turnkey home!

Last Listed By

Dustin Parker

The Parker Group License #672690 Listed on: 05/20/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 2005

Lot Details

  • Home fronts navigable water
  • Home fronts a canal
  • Property is in excellent condition

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Stick Built Home

Interior Spaces

  • 2,665 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring
  • Canal Views

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Parking Lot
  • Parking Space Conveys
  • 1 Assigned Parking Space
  • Unassigned Parking

Outdoor Features

  • Water Access
  • Property is near a canal
  • Balcony
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Programmable Thermostat
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-19.08-36.00-1101

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, insurance, lawn care front, management, pool(s), trash, water
  • Low-Rise Condominium
  • Condo Phone (302) 260-9595
  • Blue Point Villas Subdivision
  • Property Manager

Amenities

  • 1 Elevator

Recreation

  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,486

Year Built

Built in 2005

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: All furnishings, wall hangings, decorations and personal items.
  • Inclusions: Wall-mounted master bath make up mirror, three Samsung wall-mounted televisions, shed on balcony and all balcony furniture
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-05-22
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Boasting breathtaking views of the Lewes-Rehoboth Canal and just a short drive to Delaware beaches, local restaurants, tax free shopping and ample recreational options, this 4 bedroom 3.5 bathroom condo offers the best of coastal living in a prime, waterfront location. Whether you're looking to explore the town's many parks, trails and beaches or experience the nightlife in Dewey Beach, there is always something to do in this beach town! Blue Point Villas is a quiet, lesiurely community offering maintainence free, luxurious living in one of the most desirable zip codes on the Eastern Shore. Spend your summers meeting friends at the community pool or watch the boats pass through the canal from your waterfront balcony. Upon entry, you're welcomed into the foyer with chocolate-colored bamboo flooring flowing into the open concept living, kitchen and dining area. A custom, floor to ceiling, stone fireplace with a driftwood mantel adds the perfect amount of warmth into the home and will quickly become your favorite spot to relax during the colder months! Let the luxury, gourmet kitchen inspire your inner chef as it highlights ravishing granite countertops, soft close cabinets, tile backsplash, recessed lighting, USB ports throughout and stainless steel appliances including an induction cooktop, built in microwave and side by side refrigerator. Equipped with two master suites, both with walk in closets and en suite bathroom, there is plenty of space for you and your guests to have your privacy, when desired! Two additional bedrooms and another full bathroom allow room for all your loved ones. Better yet, this property was recently updated to include fresh paint and new baseboards throughout, a new dual 50 gallon hot water heater, modern light fixtures, remote controlled ceiling fans, new door handles and hinges as well as a wifi keyboard enabled Schlage deadbolt on the front door. Whether you're looking for a beach get-a-way or your own vacation rental, this property has been meticulously cared for and is priced to sell - schedule your private tour today to check out this turnkey home!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Range Hood, Built-In Range, Refrigerator, Cooktop, Icemaker, Dishwasher, Disposal, Built-In Microwave, Washer, Dryer, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Breakfast Area, Bar, Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2665
  • Living Area Sq Ft: 2665
  • Price Per Sq Ft: 168.86
  • Above Grade Finished Sq Ft: 2665
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20356

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • View: Canal
  • Water Access: Yes
  • Water Body Name: Lewes Canal
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Unassigned, Parking Space Conveys, Under Home Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 475.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Phone: (302) 260-9595
  • HOA Condo Co-Op Amenities: Swimming Pool, Pool - Outdoor, Elevator
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Management, Pool(s), Trash, Water
  • 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
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5201564
  • School Tax: 1345.00
  • Tax Annual Amount: 1486.00
  • Assessor Parcel Number: 334-19.08-36.00-1101
  • Tax Total Finished Sq Ft: 2665
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/08/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Feb 14, 2018
Sold by
Fnma
Bought by
Foster Stephen M and Foster Lorraine K
Seller's Agent
Anthony Sacco
RE/MAX Associates
Buyer's Agent
Julie Canard
Long & Foster Real Estate, Inc.
List Price
$359,900
Sold Price
$331,000
Premium/Discount to List
-$28,900
-8.03%
Total Days on Market
4
Current Estimated Value
$677,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,988
Avg. Annual Appreciation
10.38%
Original Mortgage
$297,000
Interest Rate
4.04%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 30, 2017
Sold by
Sheriff Of Sussex County
Bought by
Federal National Mortgage Association

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
Foster Stephen M $331,000 --
Federal National Mortgage Association $330,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matz Rosalyn S $350,000
Closed Foster Lorraine K $287,300
Closed Foster Stephen M $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $500,000 +11.1% $188 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $450,000 +36.0% $169 / Sq Ft
02/16/2018 02/16/18 Sold $331,000 +6.8% $150 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
12/20/2017 12/20/17 Price Changed $309,900 -4.6% $141 / Sq Ft
11/22/2017 11/22/17 Price Changed $324,900 -3.0% $148 / Sq Ft
11/06/2017 11/06/17 Price Changed $334,900 -2.9% $152 / Sq Ft
10/09/2017 10/09/17 Price Changed $344,900 -4.2% $157 / Sq Ft
09/06/2017 09/06/17 For Sale $359,900 -- $164 / 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
2024 $1,560 $30,350 $0 $30,350
2023 $1,559 $30,350 $0 $30,350
2022 $1,504 $30,350 $0 $30,350
2021 $1,490 $30,350 $0 $30,350
2020 $1,486 $30,350 $0 $30,350
2019 $1,488 $30,350 $0 $30,350
2018 $1,390 $31,650 $0 $0
2017 $1,331 $31,650 $0 $0
2016 $1,264 $31,650 $0 $0
2015 $1,208 $31,650 $0 $0
2014 $1,199 $31,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU183414

Bright MLS

APN: 334-19.08-36.00-1101