NOT LISTED FOR SALE

20378 Silver Lake Dr Unit 1 Rehoboth Beach, DE 19971

Estimated Value: $695,471 - $1,824,000

4 Beds
3 Baths
2,900 Sq Ft
9,278 Sq Ft Lot

Last Sold March 31, 2015

Last sale price $1,295,000 $447 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $6,469/month

Highlights

  • Lake View
  • Waterfront
  • Furnished
  • Rehoboth Elementary School Rated A
  • Contemporary Architecture
  • Great Room

About This Home

As of March 2015

Waterfront view of Silver Lake and Ocean!Southeasterly exposure, porch accesses great roomw/fireplace and master suite. Kitchen w/island,2nd master suite, 2 guest bedrooms & bath offerprivacy in 1 level luxurious living! Spotless,over-sized garage, inside elevator, secure building.

Last Agent to Sell the Property

MELISS THOROUGHGOOD

(302) 227-4800 melissatatbeach@aol.com RE/MAX Realty Group Rehoboth Listed on: 03/24/2014

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

Andy Staton

(302) 841-2127 andy@andytoday.com Monument Sotheby's International Realty License #RS-0016036

Monument Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,742

Year Built

  • Built in 1997

Lot Details

  • Waterfront
  • Partially Fenced Property
  • Landscaped

Property Views

  • Lake
  • Pond

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Stick Built Home
  • Masonry

Interior Spaces

  • 2,900 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Screens
  • Great Room
  • Living Room
  • Dining Room
  • Intercom

Kitchen

  • Built-In Oven
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near a pond
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-20.09-122.00-1

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Lake House Community
  • Silver Lake Shores Subdivision

Amenities

  • Elevator

Security

  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,742

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1997
  • Remarks Public: Waterfront view of Silver Lake and Ocean!Southeasterly exposure, porch accesses great roomw/fireplace and master suite. Kitchen w/island,2nd master suite, 2 guest bedrooms & bath offerprivacy in 1 level luxurious living! Spotless,over-sized garage, inside elevator, secure building.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Oven - Wall, Range Hood, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Kitchen - Island, Entry Level Bedroom, Ceiling Fan(s), Intercom
  • Window Features: Screens, Storm
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Slab
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Great Room, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2900
  • Living Area Sq Ft: 2900
  • Net Sq Ft: 2900.00
  • Price Per Sq Ft: 482.41
  • Above Grade Finished Sq Ft: 2900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20378

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Stick Built, Brick
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway, Under Home Parking
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 604.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 8000.00
  • HOA Condo Co-Op Amenities: Elevator
  • HOA: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Fencing: Partially
  • Lot Features: Landscaping
  • Outdoor Living Structures: Porch(es), Screened

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5202948
  • Assessor Parcel Number: 334-20.09-122.00-1
  • County Tax Payment Frequency: Annually
  • Close Date: 03/31/2015

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2014
Closed on
Mar 26, 2015
Sold by
Lillian Lillian
Bought by
Hill Garden Llc
Seller's Agent
MELISS THOROUGHGOOD
RE/MAX Realty Group Rehoboth
Buyer's Agent
Andy Staton
Monument Sotheby's International Realty
List Price
$1,295,000
Sold Price
$1,295,000
Current Estimated Value
$1,176,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,132
Avg. Annual Appreciation
-0.91%
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
Hill Garden Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $1,295,000 0.0% $447 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
03/24/2014 03/24/14 For Sale $1,295,000 -- $447 / 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 $2,742 $42,850 $0 $42,850
2024 $3,037 $42,850 $0 $42,850
2023 $3,034 $42,850 $0 $42,850
2022 $2,940 $42,850 $0 $42,850
2021 $2,916 $42,850 $0 $42,850
2020 $2,907 $42,850 $0 $42,850
2019 $2,889 $42,850 $0 $42,850
2018 $2,422 $55,150 $0 $0
2017 $2,319 $55,150 $0 $0
2016 $2,231 $55,150 $0 $0
2015 $2,133 $55,150 $0 $0
2014 $2,118 $55,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    MELISS THOROUGHGOOD

    RE/MAX

    (302) 227-4800

    3 in this area

    3 Total Sales

    MELISS THOROUGHGOOD
    Section Image
  • Andy Staton

    Buyer's Agent in 2015

    Andy Staton

    OCEAN ATLANTIC SOTHEBYS

    (302) 841-2127

    70 in this area

    230 Total Sales

    Andy Staton
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000980892

Bright MLS

APN: 334-20.09-122.00-1

Delaware Sussex County Rehoboth Beach 19971

20378 Silver Lake Dr Unit 1, Rehoboth Beach, DE

This home is located at 20378 Silver Lake Dr Unit 1, Rehoboth Beach, DE 19971 since 24 March 2014 and is currently estimated at $1,176,868, approximately $405 per square foot. This property was built in 1997. 20378 Silver Lake Dr Unit 1 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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