$270,000
SOLD APR 10, 2014

20802 Spring Lake Dr Unit 427 Rehoboth Beach, DE 19971

2 Beds
2 Baths
-- Sq Ft
$255/mo HOA Fee

Recently Sold

526 Days on Market

Highlights

  • Lake View
  • Deck
  • Contemporary Architecture
  • Rehoboth Elementary School Rated A
  • Wood Burning Stove
  • Vaulted Ceiling

About This Home

As of April 2014

Enjoy the serene setting in this great 2bdrm/2bath condo in Spring Lake. You can easily walk or bike to the beach. Community pool completes the package.New A/C & Heat installed May 2012.

Last Agent to Sell the Property

Sherry Ternahan

Crowley Associates Realty License #RB-0003229 Listed on: 08/18/2012

Last Buyer's Agent

Joseph Maggio

Dave McCarthy & Associates, Inc. License #RA-0020900

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,516

Year Built

  • Built in 1985

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Lake
  • Pond

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Screens
  • Living Room
  • Dining Room
  • Stacked Washer and Dryer
  • Attic

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Deck

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-20.00-1.00-420

Community Details

Overview

  • Low-Rise Condominium
  • Spring Lake Subdivision

Recreation

  • Community Pool

Security

  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,516

Year Built

Built in 1985

Lot Details

0

HOA Fees

$255 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
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1985
  • Remarks Public: Enjoy the serene setting in this great 2bdrm/2bath condo in Spring Lake. You can easily walk or bike to the beach. Community pool completes the package.New A/C & Heat installed May 2012.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Entry Level Bedroom, Ceiling Fan(s), Skylight(s)
  • Window Features: Screens, Storm
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Slab
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 20802

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Roof: Composite
  • View: Lake, Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Wood Burn Stove, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 440.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 3064.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Swimming Pool, Pool - Outdoor
  • HOA: Yes
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Outdoor Living Structures: Deck(s)

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-20.00-1.00-420
  • County Tax Payment Frequency: Annually
  • Close Date: 04/10/2014

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2012
Closed on
Apr 9, 2014
Sold by
Vincent G Vincent G and Ternahan Sherry
Bought by
Lykon Nicholas G and Lykon Robin R
Seller's Agent
Sherry Ternahan
Crowley Associates Realty
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$202,500
Interest Rate
4.36%
Mortgage Type
Unknown
Source: Public Records

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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 Type Sale Price Title Company
Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 Stand Alone Refi Refinance Of Original Loan
Closed $202,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $575,000 -4.0% $575 / Sq Ft
06/04/2025 06/04/25 For Sale $599,000 +121.9% $599 / Sq Ft
04/10/2014 04/10/14 Sold $270,000 0.0% --
01/26/2014 01/26/14 Pending -- -- --
08/18/2012 08/18/12 For Sale $270,000 -- --
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 $1,516 $20,750 $0 $20,750
2023 $1,515 $20,750 $0 $20,750
2022 $1,474 $20,750 $0 $20,750
2021 $1,463 $20,750 $0 $20,750
2020 $1,458 $20,750 $0 $20,750
2019 $1,439 $20,750 $0 $20,750
2018 $1,067 $24,300 $0 $0
2017 $1,022 $24,300 $0 $0
2016 $979 $24,300 $0 $0
2015 $936 $24,300 $0 $0
2014 $929 $24,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Joseph Maggio

    Dave McCarthy & Associates, Inc.

  • S

    Seller's Agent in 2014

    Sherry Ternahan

    Crowley Associates Realty

See All Agents

Map

Source: Bright MLS

MLS Number: 1000968162

Bright MLS

APN: 334-20.00-1.00-427

Delaware Sussex County Rehoboth Beach 19971

20802 Spring Lake Dr Unit 427, Rehoboth Beach, DE

This home is located at 20802 Spring Lake Dr Unit 427, Rehoboth Beach, DE 19971 and is currently priced at $270,000. This property was built in 1985. 20802 Spring Lake Dr Unit 427 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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