NOT LISTED FOR SALE

20802 Spring Lake Dr Unit 425 Rehoboth Beach, DE 19971

Estimated Value: $560,878 - $618,000

3 Beds
3 Baths
1,318 Sq Ft
$522/mo HOA Fee

Last Sold October 25, 2018

Last sale price $387,500 $294 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,773/month

Highlights

  • Lake View
  • Coastal Architecture
  • Partially Wooded Lot
  • Rehoboth Elementary School Rated A
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of October 2018

Location, convenience and style, this charming end unit town home, features 3 Bedrooms, (upstairs master is loft style with ensuite bathroom) and 3 full baths! Bright and sunny, FRESHLY PAINTED with NEW CARPET, complete with gas fireplace and ceiling fans, this townhome is ready to go! Fantastic community location with large, private patio and gorgeous views of the lake. The community pool, a short walk away and for relaxing walks, Thompson Island Nature Preserve is nearby. Rehoboth and Dewey beaches, only 1-1/2 mile away. Bike to dinner in town! HVAC 8 years young, Original plumbing in home replaced. Furnishings available via separate contract, see attachments for few exclusions. Act now and be ready for summer 2018!

Last Agent to Sell the Property

Valerie Ellenberger

(240) 401-4677 val.ellenberger@compass.com Compass License #RS-0022639 Listed on: 04/23/2018

Compass

Last Buyer's Agent

Rick James

(302) 345-6336 rickljames44@gmail.com Monument Sotheby's International Realty License #RS272746

Monument Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,478

Year Built

  • Built in 1986

Lot Details

  • Landscaped
  • Partially Wooded Lot

HOA Fees

  • $522 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,318 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Family Room
  • Attic Fan

Kitchen

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

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space Included
  • Assigned Parking

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Shower
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 120/240V
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-20.00-1.00-425

Community Details

Overview

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

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,478

Year Built

Built in 1986

Lot Details

0

HOA Fees

$522 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1986
  • Remarks Public: Location, convenience and style, this charming end unit town home, features 3 Bedrooms, (upstairs master is loft style with ensuite bathroom) and 3 full baths! Bright and sunny, FRESHLY PAINTED with NEW CARPET, complete with gas fireplace and ceiling fans, this townhome is ready to go! Fantastic community location with large, private patio and gorgeous views of the lake. The community pool, a short walk away and for relaxing walks, Thompson Island Nature Preserve is nearby. Rehoboth and Dewey beaches, only 1-1/2 mile away. Bike to dinner in town! HVAC 8 years young, Original plumbing in home replaced. Furnishings available via separate contract, see attachments for few exclusions. Act now and be ready for summer 2018!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Entry Level Bedroom, Ceiling Fan(s), Skylight(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 5
  • Room List: Primary Bedroom, Kitchen, Family Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1318
  • Living Area Sq Ft: 1318
  • Net Sq Ft: 1318.00
  • Price Per Sq Ft: 311.08
  • Above Grade Finished Sq Ft: 1318
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20802

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Wood Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Lake, Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Number Of Parking Spaces Included: 1-Car Parking

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Attic Fan, Central A/C, Heat Pump(s)
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 6268.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Landscaping, Partly Wooded
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Zoning: HIGH DENSITY RESIDENTIAL
  • Zoning Description: HIGH DENSITY RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5202084
  • Assessor Parcel Number: 334-20.00-1.00-425
  • County Tax Payment Frequency: Annually
  • Close Date: 10/25/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 1986
Bought by
Mckenna John J and Mckenna Karen S
Current Estimated Value
$592,470
Source: Public Records

Range of Values:

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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
Mckenna John J $139,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $387,500 -5.5% $294 / Sq Ft
09/16/2018 09/16/18 Pending -- -- --
07/09/2018 07/09/18 Price Changed $410,000 -3.5% $311 / Sq Ft
04/23/2018 04/23/18 For Sale $425,000 -- $322 / 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 $1,478 $25,750 $0 $25,750
2024 $1,792 $25,750 $0 $25,750
2023 $1,791 $25,750 $0 $25,750
2022 $1,740 $25,750 $0 $25,750
2021 $1,727 $25,750 $0 $25,750
2020 $1,721 $25,750 $0 $25,750
2019 $1,702 $25,750 $0 $25,750
2018 $1,313 $29,900 $0 $0
2017 $1,257 $29,900 $0 $0
2016 $1,203 $29,900 $0 $0
2015 $1,150 $29,900 $0 $0
2014 $1,141 $29,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001572790

Bright MLS

APN: 334-20.00-1.00-425