20802 Spring Lake Dr Unit 428 Rehoboth Beach, DE 19971
1
Bed
1.5
Baths
--
Sq Ft
$393/mo
HOA Fee
Highlights
- Waterfront
- Water Oriented
- 36.57 Acre Lot
- Rehoboth Elementary School Rated A
- Lake View
- Lake Privileges
About This Home
As of September 2024Waterfront in Spring Lake! Your peaceful beach retreat awaits in a lovely setting with serene lake views, lush greenery and amazing sunsets so you can unplug from it all and recharge. This tranquil first-floor condo has an open feeling and great natural sunlight throughout the day. Features include 1 full & 1 half bath, a brand-new HVAC, easy to care for laminate wood flooring, two patios, outdoor storage (for bikes & beach chairs), a wood burning fireplace, stainless steel appliances and is offered partially furnished. Spring Lake is a beloved community renowned for green open spaces, mature tree canopies and beautiful lake views to be enjoyed through all seasons. Spend relaxing days at the pool or walk/bike to downtown Rehoboth or the beach. The community backs to the Thompson Island Nature Preserve with a wooded hiking trail that leads to a scenic overlook of the Rehoboth Bay.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $987
Year Built
- Built in 1986
Lot Details
- Waterfront
- Landscaped
HOA Fees
- $393 Monthly HOA Fees
Property Views
- Lake
- Woods
Home Design
- Contemporary Architecture
- Block Foundation
- Architectural Shingle Roof
- Wood Siding
- Stick Built Home
- Cedar
Interior Spaces
- Property has 1 Level
- Traditional Floor Plan
- Partially Furnished
- Ceiling Fan
- Insulated Windows
- Window Treatments
- Window Screens
- Insulated Doors
- Living Room
- Dining Room
Kitchen
- Electric Oven or Range
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Tile or Brick
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on main level
- Electric Dryer
- Washer
Home Security
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Lot
- 1 Assigned Parking Space
Outdoor Features
- Outdoor Shower
- Water Oriented
- Property is near a lake
- Lake Privileges
- Patio
- Shed
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 334-20.00-1.00-428
Community Details
Overview
- $500 Capital Contribution Fee
- $2,250 Other One-Time Fees
- Low-Rise Condominium
- Spring Lake Subdivision
- Community Lake
Recreation
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Additional Features
- Common Area
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2024
Closed on
Sep 27, 2024
Sold by
Belghazi Rachid R and Breen Gregg Michael
Bought by
Dixon Debra
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Mike Kogler Team
Long & Foster Real Estate, Inc.
List Price
$415,000
Sold Price
$395,000
Premium/Discount to List
-$20,000
-4.82%
Total Days on Market
33
Views
381
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,004
Avg. Annual Appreciation
13.68%
Original Mortgage
$316,000
Outstanding Balance
$314,249
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$113,424
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $395,000 | None Listed On Document | |
| Deed | $395,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $316,000 | New Conventional | |
| Closed | $316,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2024 09/27/24 | Sold | $395,000 | -4.8% | -- |
| 07/12/2024 07/12/24 | For Sale | $415,000 | +64.0% | -- |
| 01/19/2013 01/19/13 | Sold | $253,000 | 0.0% | -- |
| 11/26/2012 11/26/12 | Pending | -- | -- | -- |
| 06/28/2011 06/28/11 | For Sale | $253,000 | -- | -- |
Source: Bright MLS
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 | $1,307 | $17,400 | $0 | $17,400 |
| 2023 | $1,306 | $17,400 | $0 | $17,400 |
| 2022 | $1,272 | $17,400 | $0 | $17,400 |
| 2021 | $1,263 | $17,400 | $0 | $17,400 |
| 2020 | $1,259 | $17,400 | $0 | $17,400 |
| 2019 | $1,239 | $17,400 | $0 | $17,400 |
| 2018 | $880 | $20,050 | $0 | $0 |
| 2017 | $843 | $20,050 | $0 | $0 |
| 2016 | $809 | $20,050 | $0 | $0 |
| 2015 | $774 | $20,050 | $0 | $0 |
| 2014 | $768 | $20,050 | $0 | $0 |
Source: Public Records
About the Listing Agent
The Debbie Reed Team has long been known for its excellent customer service and wide range of available Delaware Beach area properties including Rehoboth, Lewes, Bethany and surrounding areas. Committed to providing dedicated service to each and every client, The Debbie Reed Team is comprised of licensed REALTORS® and specialist staff to help buyers and sellers every step of the way in their real estate transactions. Whether it a first home, vacation home, retirement, waterfront luxury property
DEBBIE's Other Listings
Source: Bright MLS
MLS Number: DESU2065878
APN: 334-20.00-1.00-428
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 20860 East Dr Unit 545
- 20928 Windbreaker Dr Unit 45
- 20926 Windbreaker Dr Unit 44
- 20924 Windbreaker Dr Unit 43
- 20918 Windbreaker Dr Unit 40
- 20916 Windbreaker Dr Unit 39
- 20914 Windbreaker Dr Unit 38
- 20906 Windbreaker Dr Unit 36
- 20904 Windbreaker Dr Unit 35
- 20902 Windbreaker Dr Unit 34
- 20929 Windbreaker Dr Unit 85
- 20927 Windbreaker Dr Unit 84
- 20925 Windbreaker Dr Unit 83
- 20923 Windbreaker Dr Unit 82
- 20809 Windbreaker Dr Unit 48
- 20815 Windbreaker Dr Unit 51
- 20819 Windbreaker Dr Unit 53
- 0 Route 1 & Old Bay Rd Unit DESU183522
- 20675 Nantucket Dr Unit 11
- 5 Hawks Nest