$400,000
SOLD JAN 9, 2019

20364 Blue Point Dr Unit 2302 Rehoboth Beach, DE 19971

4 Beds
3.5 Baths
2,200 Sq Ft
$425/mo HOA Fee

Recently Sold

$182 Per Sq Ft

2% Below List Price

57 Days on Market

Highlights

  • Access to Tidal Water
  • Penthouse
  • Home fronts a canal
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of November 2020

Arguably the most desired location in Blue Point Villas, this rarely offered top floor, original owner unit leaves little to be desired. Situated along the Lewes Rehoboth Canal, enjoy quiet tranquility while being only a mile walk or bike ride away from the beach, restaurants and shops in-town Rehoboth Beach. This sun filled end unit condo offers 4 bedrooms, 3.5 baths, 2,200 +/- square feet and an open floor plan ideal for entertaining. Upon entering the foyer, you will be greeted by a spacious great room featuring a gas fireplace with marble surround and custom mantle. Glass sliders in the great room provide spectacular natural light and lead to theprivate 8 x19 deck overlooking the canal. The gourmet kitchen features Corian countertops, stainless steel appliances, and custom tiled backsplash. The canal front master suite features beautiful views, customwalk-in closets, crown molding, whirlpool tub, tiled shower and double vanity in the master bath. To the rear of the unit is an additional master suite and spacious guest bedrooms. The upgrades and designer finishes include plantation shutters, fresh paint, ceramic tile floors in the entry, kitchen and all baths, Berber carpet with upgraded padding, Homecrest Oak Cabinetry and much more. Blue Point Villas offers plenty of places to relax, whether it s at the community pool or on a bench along the canal. This unit is easily accessible through the building elevator with secure access code and includes one assigned covered parking spot with additional parking available for guests. Route 1 is easily accessible through the gated entry into Oyster Bay making this community an ideal location.

Last Agent to Sell the Property

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Co-Listed By

MARISSA BOWSKI

Jack Lingo - Rehoboth License #RS-0023916

Last Buyer's Agent

Donna Watson

The Watson Realty Group, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,137

Year Built

  • Built in 2005

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Penthouse
  • Flat Roof Shape
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Partially Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Screens
  • Combination Dining and Living Room
  • Carpet
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Access to Tidal Water
  • Water Oriented
  • Property is near a canal
  • Balcony

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Home fronts a canal

Listing and Financial Details

  • Assessor Parcel Number 334-19.08-36.00-2302

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), trash, water
  • Signature Property Management Condos
  • Blue Point Villas Subdivision

Amenities

  • Common Area
  • 1 Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,137

Year Built

Built in 2005

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Kitchen Dishes, Decorative Accessories on tabletop and bookcase, Wicker Lamp, Wooden/Ratton Arm Chair, All Decorative Items, rattan & lamp next to great room, queen bed and mattress, side table and lamp in master, all greenery.
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2005
  • Remarks Public: Arguably the most desired location in Blue Point Villas, this rarely offered top floor, original owner unit leaves little to be desired. Situated along the Lewes Rehoboth Canal, enjoy quiet tranquility while being only a mile walk or bike ride away from the beach, restaurants and shops in-town Rehoboth Beach. This sun filled end unit condo offers 4 bedrooms, 3.5 baths, 2,200 +/- square feet and an open floor plan ideal for entertaining. Upon entering the foyer, you will be greeted by a spacious great room featuring a gas fireplace with marble surround and custom mantle. Glass sliders in the great room provide spectacular natural light and lead to theprivate 8 x19 deck overlooking the canal. The gourmet kitchen features Corian countertops, stainless steel appliances, and custom tiled backsplash. The canal front master suite features beautiful views, customwalk-in closets, crown molding, whirlpool tub, tiled shower and double vanity in the master bath. To the rear of the unit is an additional master suite and spacious guest bedrooms. The upgrades and designer finishes include plantation shutters, fresh paint, ceramic tile floors in the entry, kitchen and all baths, Berber carpet with upgraded padding, Homecrest Oak Cabinetry and much more. Blue Point Villas offers plenty of places to relax, whether it s at the community pool or on a bench along the canal. This unit is easily accessible through the building elevator with secure access code and includes one assigned covered parking spot with additional parking available for guests. Route 1 is easily accessible through the gated entry into Oyster Bay making this community an ideal location.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 4
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Elevator, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Walk-In Closet(s)
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 186.36
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20364

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: Frame, Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Flat
  • Spa: No
  • View: Canal
  • Water Access: No
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 5100.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Signature Property Management
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 2000.00

Schools

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

Lot Info

  • Horses: No
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Soil Types: Unknown
  • Zoning: C-1
  • Zoning Description: General Commercial
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 21600.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1137.00
  • Assessor Parcel Number: 334-19.08-36.00-2302
  • Tax Total Finished Sq Ft: 1950
  • Tax Year: 2018
  • Close Date: 01/09/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Nov 13, 2020
Sold by
Carlson Mark W
Bought by
Chandler Chad and Chandler Diane
Seller's Agent
David Bediz
Keller Williams Realty
Buyer's Agent
David Bediz
Keller Williams Realty
List Price
$414,900
Sold Price
$423,000
Premium/Discount to List
$8,100
1.95%
Total Days on Market
57
Current Estimated Value
$617,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,742
Avg. Annual Appreciation
11.21%

Purchase Details

Closed on
Oct 13, 2015
Sold by
Preate Carl H
Bought by
Preate Carl H and Pantano Sebastian L

Map

Range of Values:

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Average Value
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List Price
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 Type Sale Price Title Company
Deed $423,000 None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $423,000 +2.0% $192 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $414,900 +3.7% $189 / Sq Ft
01/09/2019 01/09/19 Sold $400,000 -2.4% $182 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $410,000 -- $186 / Sq Ft
Source: Bright MLS

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 $1,277 $24,600 $0 $24,600
2023 $1,275 $24,600 $0 $24,600
2022 $1,231 $24,600 $0 $24,600
2021 $1,220 $24,600 $0 $24,600
2020 $1,216 $24,600 $0 $24,600
2019 $1,218 $24,600 $0 $24,600
2018 $1,137 $25,900 $0 $0
2017 $1,089 $25,900 $0 $0
2016 $1,035 $25,900 $0 $0
2015 $989 $25,900 $0 $0
2014 $981 $25,900 $0 $0
Source: Public Records

Source: Bright MLS

MLS Number: 1008143458

Bright MLS

APN: 334-19.08-36.00-2302