$265,000
SOLD JAN 13, 2017

20796 East Dr Unit 516 Rehoboth Beach, DE 19971

1 Bed
1.5 Baths
1,100 Sq Ft
$338/mo HOA Fee

Recently Sold

$241 Per Sq Ft

489 Days on Market

Highlights

  • Lake View
  • Waterfront
  • Wood Burning Stove
  • Rehoboth Elementary School Rated A
  • Deck
  • Community Pool

About This Home

As of April 2025

Tastefully Renovated Throughout! Talk About A Chef's Kitchen all New Stainless Appliances, silestone counters, gorgeous backsplash & SO MUCH MORE! Investors Alert- Act Now! Easy Walk or Bike Ride to all Rehoboth has to Offer!

Last Agent to Sell the Property

Joseph Maggio

Dave McCarthy & Associates, Inc. License #RA-0020900 Listed on: 05/13/2015

Co-Listed By

Kim Hitchens

Dave McCarthy & Associates, Inc. License #RS-0014663

Last Buyer's Agent

Christina Haag

Jack Lingo - Rehoboth License #RS-001-4869

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 1988

Lot Details

  • Waterfront

HOA Fees

  • $338 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces Included
  • Assigned Parking

Outdoor Features

  • Water Access
  • Property is near a pond
  • Deck
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.00-1.00-516

Community Details

Overview

  • Association fees include lawn maintenance
  • Low-Rise Condominium
  • Spring Lake Subdivision

Recreation

  • Community Pool

Additional Features

  • Community Storage Space
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,529

Year Built

Built in 1988

Lot Details

0

HOA Fees

$338 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Year Built: 1988
  • Remarks Public: Tastefully Renovated Throughout! Talk About A Chef's Kitchen all New Stainless Appliances, silestone counters, gorgeous backsplash & SO MUCH MORE! Investors Alert- Act Now! Easy Walk or Bike Ride to all Rehoboth has to Offer!
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining
  • Window Features: Insulated, Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Foundation Details: Slab
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Net Sq Ft: 1100.00
  • Price Per Sq Ft: 249.55
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20796

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle, Asphalt
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Assigned
  • Number Of Parking Spaces Included: 2-Car Parking

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Wood Burn Stove, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 4059.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Amenities: Extra Storage, Reserved/Assigned Parking, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA: Yes

Schools

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

Lot Info

  • Outdoor Living Structures: Deck(s)

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5202117
  • Assessor Parcel Number: 334-20.00-1.00-516
  • County Tax Payment Frequency: Annually
  • Close Date: 01/13/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Apr 7, 2025
Sold by
Kibler Jeffrey
Bought by
Hill Bruce Shawn and Oldham Raymond Barry
Seller's Agent
Christina Haag
Jack Lingo - Rehoboth
Buyer's Agent
PATRICIA COLUZZI
Monument Sotheby's International Realty
List Price
$479,000
Sold Price
$435,000
Premium/Discount to List
-$44,000
-9.19%
Views
185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.46%
Original Mortgage
$261,000
Outstanding Balance
$261,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$212,093

Purchase Details

Closed on
Dec 5, 2014
Sold by
Rickie A Rickie A
Bought by
Piper William R

Purchase Details

Closed on
Sep 10, 2012
Sold by
Carroll Crawford J and Carroll Lawrence J
Bought by
Parson Rickie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
3.59%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $435,000 None Listed On Document
Deed $435,000 None Listed On Document
Interfamily Deed Transfer -- --
Deed $182,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $261,000 New Conventional
Closed $261,000 New Conventional
Previous Owner $82,600 Stand Alone Refi Refinance Of Original Loan
Previous Owner $102,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold $435,000 -3.3% $395 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
02/09/2025 02/09/25 Price Changed $449,900 -1.1% $409 / Sq Ft
01/31/2025 01/31/25 Price Changed $454,900 -1.1% $414 / Sq Ft
11/21/2024 11/21/24 Price Changed $459,900 -4.0% $418 / Sq Ft
11/01/2024 11/01/24 For Sale $479,000 +80.8% $435 / Sq Ft
01/13/2017 01/13/17 Sold $265,000 0.0% $241 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
05/13/2015 05/13/15 For Sale $265,000 -- $241 / 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 $1,529 $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

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001006026

Bright MLS

APN: 334-20.00-1.00-516