NOT LISTED FOR SALE

20374 Blue Point Dr Unit 3102 Rehoboth Beach, DE 19971

Estimated Value: $530,000 - $746,000

4 Beds
3.5 Baths
2,143 Sq Ft
$475/mo HOA Fee

Last Sold March 01, 2024

Last sale price $527,500 $246 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,045/month

23 Days on Market

Highlights

  • 250 Feet of Waterfront
  • Water Oriented
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Gourmet Kitchen
  • Canal View

About This Home

As of March 2024

Property Id: 1421877

YEARLY RENAL Available as early as 4/15/25- This XL 4Bd/3.5Ba condo offers breathtaking canal views & unparalleled proximity to downtown Rehoboth & the beach (while avoiding Rt 1 traffic)!

Through the elevator-accessed lobby, enter into the expansive open floor plan (living/dining/kitchen). The fully stocked kitchen features new stainless appliances, Corian countertops, build in wine fridge, and amble cabinets. Off the LR is a balcony with unrivaled views of of the canal. The private owners suite features gorgeous built-ins, 2 walk in closets and an XL en-suite bath w/ shower & soaking tub. The other side of the condo holds a second en-suite bedroom as well as 2 additional bedrooms, a 3rd full bathroom, and a 1/2 bath. This unit includes access to the community pool & 3 parking passes.

First/Last/Security ($2,995/ea) are due at signing. No pets/smoking. Tenants must have a gross monthly income of 3X the rent, min. credit of 650, & clean background check.

Furnished, if desired.

Last Agent to Sell the Property

Anthony Sacco

RE/MAX Associates Listed on: 12/27/2023

RE/MAX Associates

Co-Listed By

MICHELE BARONE

RE/MAX Associates

Last Buyer's Agent

Cynthia DiPalma

Coldwell Banker Realty License #RS0025662

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 2005

Lot Details

  • 250 Feet of Waterfront
  • Home fronts a canal
  • Property is in very good condition

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Frame Construction

Interior Spaces

  • 2,143 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Window Treatments
  • Dining Area
  • Canal Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Attached Carport Space

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Oriented
  • Property is near a canal

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-19.08-36.00-3102

Community Details

Overview

  • $2,175 Capital Contribution Fee
  • Association fees include common area maintenance, pool(s), trash, water, snow removal
  • $100 Other Monthly Fees
  • 1 Elevator
  • Low-Rise Condominium
  • Blue Point Villas Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,320

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
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Inclusions: All furniture conveys with sale but excluding personal items
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-12-27
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Water Heater, Washer, Oven/Range - Electric, Refrigerator
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Laminate Plank
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Flat, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wine Storage, Window Treatments, Tub Shower
  • Fireplace Features: Insert, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2143
  • Living Area Sq Ft: 2143
  • Price Per Sq Ft: 242.65
  • Above Grade Finished Sq Ft: 2143
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20374

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, Concrete
  • Roof: Flat
  • Spa: No
  • View: Canal
  • Water Access: No
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 250

Garage/Parking

  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Central
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 475.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Trash, Water, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Other Fees: 100.00
  • Other Fees Frequency: Monthly
  • Capital Contribution Fee: 2175.00

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1201.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1320.00
  • Assessor Parcel Number: 334-19.08-36.00-3102
  • Tax Total Finished Sq Ft: 2143
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/01/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
Mar 1, 2024
Sold by
Reppert Shane Trent and Velazquez Martin
Bought by
Thatcher Garrett Russell and Lorenz Kyle
Seller's Agent
Anthony Sacco
RE/MAX Associates
Buyer's Agent
Cynthia DiPalma
Coldwell Banker Realty
List Price
$540,000
Sold Price
$527,500
Premium/Discount to List
-$12,500
-2.31%
Views
189
Current Estimated Value
$623,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,103
Avg. Annual Appreciation
13.74%
Original Mortgage
$501,125
Outstanding Balance
$495,155
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$128,448

Purchase Details

Listed on
Jan 27, 2014
Closed on
Mar 14, 2014
Sold by
Judith M Judith M
Bought by
Oberto Kathleen V and Oberto Leo E
Seller's Agent
Allen Jarmon
NextHome Tomorrow Realty
Buyer's Agent
Allen Jarmon
NextHome Tomorrow Realty
List Price
$409,000
Sold Price
$385,000
Premium/Discount to List
-$24,000
-5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%
Source: Public Records

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 Buyer Sale Price Title Company
Thatcher Garrett Russell $527,500 None Listed On Document
Oberto Kathleen V $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thatcher Garrett Russell $501,125
Previous Owner Oberto Kathleen $279,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Off Market $2,995 -- --
04/28/2025 04/28/25 Price Changed $2,995 -4.8% $1 / Sq Ft
03/20/2025 03/20/25 For Rent $3,145 0.0% --
03/01/2024 03/01/24 Sold $527,500 +1.4% $246 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
01/05/2024 01/05/24 Price Changed $520,000 -3.7% $243 / Sq Ft
12/27/2023 12/27/23 For Sale $540,000 +13.2% $252 / Sq Ft
01/19/2022 01/19/22 Sold $477,000 +0.4% $217 / Sq Ft
12/03/2021 12/03/21 For Sale $475,000 +23.4% $216 / Sq Ft
03/31/2014 03/31/14 Sold $385,000 -5.9% $175 / Sq Ft
02/02/2014 02/02/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $409,000 -- $186 / 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 $1,321 $25,500 $0 $25,500
2023 $1,320 $25,500 $0 $25,500
2022 $1,274 $25,500 $0 $25,500
2021 $1,262 $25,500 $0 $25,500
2020 $1,258 $25,500 $0 $25,500
2019 $1,260 $25,500 $0 $25,500
2018 $1,177 $26,800 $0 $0
2017 $1,127 $26,800 $0 $0
2016 $1,071 $26,800 $0 $0
2015 $1,023 $26,800 $0 $0
2014 $1,015 $26,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2052854

Bright MLS

APN: 334-19.08-36.00-3102