20784 East Dr Unit 507 Rehoboth Beach, DE 19971
Estimated payment $2,944/month
Total Views
10,308
1
Bed
1.5
Baths
1,100
Sq Ft
$386
Price per Sq Ft
Highlights
- Pond View
- 1 Fireplace
- Community Pool
- Rehoboth Elementary School Rated A
- Furnished
- Central Air
About This Home
Welcome to the desirable community of Spring Lake! This well-maintained one-bedroom, one-and-a-half-bath condo offers the perfect blend of comfort and convenience. Previously a rental, this home is in immaculate condition and doesn’t show like one. Being sold fully furnished, it’s ready for immediate enjoyment by its new owners.
A standout feature of this condo is the queen-sized Murphy bed in the living room, providing extra sleeping space and enhancing its rental potential. This phase of Spring Lake allows for weekly rentals, making it a fantastic income-generating opportunity. Just steps away, enjoy the community pool, and take a short stroll to the beach, as well as all the fantastic shops and restaurants in downtown Rehoboth and vibrant Dewey Beach. For those who love nature, the peaceful walking trails in the Thompson Island Preserve along Rehoboth Bay offer a perfect escape.
This condo is priced to sell and provides a wonderful opportunity to add your own personal touch. Whether you're seeking a vacation home, an investment property, or a primary residence, this Spring Lake gem is ready for you to make it your own!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,210
Year Built
- Built in 1988
HOA Fees
- $487 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Slab Foundation
- Architectural Shingle Roof
- HardiePlank Type
- Cedar
Interior Spaces
- 1,100 Sq Ft Home
- Property has 1 Level
- Furnished
- Ceiling Fan
- 1 Fireplace
- Window Treatments
- Pond Views
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
Laundry
- Dryer
- Washer
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 20.00
- Assessor Parcel Number 334-20.00-1.00-507
Community Details
Overview
- $1,500 Capital Contribution Fee
- Association fees include common area maintenance, exterior building maintenance
- Low-Rise Condominium
- Spring Lake Subdivision
Recreation
- Community Pool
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,529 | $22,950 | $0 | $22,950 |
| 2023 | $1,528 | $22,950 | $0 | $22,950 |
| 2022 | $1,485 | $22,950 | $0 | $22,950 |
| 2021 | $1,475 | $22,950 | $0 | $22,950 |
| 2020 | $1,470 | $22,950 | $0 | $22,950 |
| 2019 | $1,450 | $22,950 | $0 | $22,950 |
| 2018 | $1,078 | $24,550 | $0 | $0 |
| 2017 | $1,032 | $24,550 | $0 | $0 |
| 2016 | $989 | $24,550 | $0 | $0 |
| 2015 | $945 | $24,550 | $0 | $0 |
| 2014 | $939 | $24,550 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2025 02/27/25 | For Sale | $425,000 | 0.0% | $386 / Sq Ft |
| 12/02/2024 12/02/24 | Off Market | $425,000 | -- | -- |
| 11/03/2024 11/03/24 | For Sale | $425,000 | -- | $386 / Sq Ft |
Source: Bright MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $185,000 | -- |
Source: Public Records
Similar Homes in Rehoboth Beach, DE
Source: Bright MLS
MLS Number: DESU2073464
APN: 334-20.00-1.00-507
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